NasdaqGS:GSKY

Stock Analysis Report

Executive Summary

GreenSky, Inc., a technology company, provides point-of-sale financing and payment solutions to merchants, consumers, and banks.

Snowflake

Fundamentals

Exceptional growth potential and fair value.

Risks

  • GreenSky has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has GreenSky's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.9%

NasdaqGS:GSKY

0.1%

US IT

-0.02%

US Market


1 Year Return

-62.4%

NasdaqGS:GSKY

15.0%

US IT

1.6%

US Market

GSKY underperformed the IT industry which returned 16% over the past year.

GSKY underperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

GSKYIndustryMarket
7 Day4.9%0.1%-0.02%
30 Day3.0%-1.0%2.7%
90 Day-43.2%0.9%1.4%
1 Year-62.4%-62.4%16.3%15.0%3.8%1.6%
3 Yearn/a95.4%87.2%45.2%35.8%
5 Yearn/a141.6%117.2%61.8%44.1%

Price Volatility Vs. Market

How volatile is GreenSky's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is GreenSky undervalued based on future cash flows and its price relative to the stock market?

12.79x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

GreenSky's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

GreenSky's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

GreenSky is good value based on earnings compared to the US IT industry average.

GreenSky is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

GreenSky is good value based on expected growth next year.


Price Based on Value of Assets

GreenSky is overvalued based on assets compared to the US IT industry average.


Next Steps

Future Growth

How is GreenSky expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

34.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

GreenSky's revenue is expected to grow significantly at over 20% yearly.

GreenSky's earnings are expected to grow significantly at over 20% yearly.

GreenSky's revenue growth is expected to exceed the United States of America market average.

GreenSky's earnings growth is expected to exceed the United States of America market average.

GreenSky's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

GreenSky is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).


Next Steps

Past Performance

How has GreenSky performed over the past 5 years?

-15.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

GreenSky's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

GreenSky's 1-year earnings growth is negative, it can't be compared to the 5-year average.

GreenSky's 1-year earnings growth is negative, it can't be compared to the US IT industry average.


Return on Equity

It is difficult to establish if GreenSky has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

GreenSky used its assets more efficiently than the US IT industry average last year based on Return on Assets.


Return on Capital Employed

GreenSky's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is GreenSky's financial position?


Financial Position Analysis

GreenSky is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

GreenSky's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

GreenSky has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if GreenSky's debt level has increased considering it has negative shareholder equity.

Debt is well covered by operating cash flow (61%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 7.4x coverage).


Balance Sheet

Low level of unsold assets.

GreenSky has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Next Steps

Dividend

What is GreenSky's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate GreenSky's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate GreenSky's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as GreenSky has not reported any payouts.

Unable to verify if GreenSky's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as GreenSky has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of GreenSky's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of GreenSky's salary, the management and board of directors tenure and is there insider trading?

4.7yrs

Average management tenure


CEO

David Zalik (45yo)

13.7yrs

Tenure

US$502,288

Compensation

Mr. David Zalik is the Co-Founder of GreenSky, LLC and serves as its Chief Executive Officer since it was founded in 2006. Mr. Zalik is Chief Executive Officer of GreenSky, Inc. since co-founding it in 200 ...


CEO Compensation Analysis

David's remuneration is lower than average for companies of similar size in United States of America.

David's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.7yrs

Average Tenure

58yo

Average Age

The tenure for the GreenSky management team is about average.


Board Age and Tenure

5.2yrs

Average Tenure

57yo

Average Age

The tenure for the GreenSky board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$3,002,79214 Nov 18
Robert Sheft
EntityIndividual
Role
Member of the Board of Directors
Director
Shares304,852
Max PriceUS$9.85
BuyUS$244,66909 Nov 18
Dennis Kelly
EntityIndividual
Shares27,000
Max PriceUS$9.18

Ownership Breakdown


Management Team

  • Gerry Benjamin (61yo)

    Vice Chairman & Chief Administrative Officer

    • Tenure: 5.7yrs
    • Compensation: US$5.77m
  • Alan Mustacchi (58yo)

    Executive Vice President of Capital Markets

    • Tenure: 5.7yrs
  • Steve Fox (73yo)

    Executive VP

    • Tenure: 3.7yrs
  • Robert Partlow (53yo)

    Executive VP & CFO

    • Tenure: 5.7yrs
  • David Zalik (45yo)

    CEO & Chairman

    • Tenure: 13.7yrs
    • Compensation: US$502.29k
  • Minaz Vastani

    Chief Technology Officer

    • Tenure: 0.2yrs
  • Rebecca Gardy

    Investor Relations

    • Tenure: 0yrs
  • Lois Rickard (66yo)

    Chief Human Resources Officer

    • Tenure: 4.7yrs
  • Tim Kaliban (53yo)

    President & Chief Risk Officer

    • Tenure: 7.7yrs
    • Compensation: US$2.05m
  • Anne Byrd (58yo)

    Chief Operations Officer

    • Tenure: 1.6yrs

Board Members

  • Gerry Benjamin (61yo)

    Vice Chairman & Chief Administrative Officer

    • Tenure: 5.7yrs
    • Compensation: US$5.77m
  • Gregg Freishtat (52yo)

    Director

    • Tenure: 5.7yrs
    • Compensation: US$552.47k
  • Art Bacci (57yo)

    Independent Director

    • Tenure: 0.4yrs
  • Robert Sheft (58yo)

    Director

    • Tenure: 5.7yrs
    • Compensation: US$88.92m
  • David Zalik (45yo)

    CEO & Chairman

    • Tenure: 13.7yrs
    • Compensation: US$502.29k
  • Joel Babbit (65yo)

    Director

    • Tenure: 4.7yrs
    • Compensation: US$547.26k
  • John Flynn (35yo)

    Director

    • Tenure: 1.4yrs

Company Information

GreenSky, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GreenSky, Inc.
  • Ticker: GSKY
  • Exchange: NasdaqGS
  • Founded: 2006
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Implied Market Cap: US$1.328b
  • Market Cap: US$445.946m
  • Shares outstanding: 174.98m
  • Website: https://www.greensky.com

Number of Employees


Location

  • GreenSky, Inc.
  • 5565 Glenridge Connector
  • Suite 700
  • Atlanta
  • Georgia
  • 30342
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GSKYNasdaqGS (Nasdaq Global Select)YesClass A Common StockUSUSDMay 2018

Biography

GreenSky, Inc., a technology company, provides point-of-sale financing and payment solutions to merchants, consumers, and banks. It offers a proprietary technology infrastructure that support the full tran ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 00:41
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.