Price to trailing twelve month operating cash flow for ELVT is currently 0.33, higher than merely 2.73% of US stocks with positive operating cash flow.
With a price/sales ratio of 0.16, Elevate Credit Inc has a higher such ratio than merely 4.4% of stocks in our set.
Elevate Credit Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 65.12%, greater than the shareholder yield of 95.53% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Elevate Credit Inc are PEIX, STRL, KOP, CTIB, and ECPG.
ELVT's SEC filings can be seen here. And to visit Elevate Credit Inc's official web site, go to www.elevate.com.
Elevate Credit, Inc. design and provides online credit solutions to non-prime consumers in the United States and the United Kingdom. The company offers unsecured online installment loans and lines of credit. Its products include Rise and Sunny installment loan products; and Elastic, an open-end line of credit. The company was founded in 2014 and is based in Fort Worth, Texas.
ELVT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Elevate Credit Inc. To summarize, we found that Elevate Credit Inc ranked in the 88th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Elevate Credit Inc, consider:
27% of the company's capital comes from equity, which is greater than merely 7.81% of stocks in our cash flow based forecasting set.
The business' balance sheet reveals debt to be 73% of the company's capital (with equity being the remaining amount). Approximately 92.16% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than 63.1% of stocks in its sector (Financial Services).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
MTG, LPRO, AINC, YUANF, and CPSS can be thought of as valuation peers to ELVT, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
I always like adding a few speculative stocks to improve my returns. Given the latest run-up in recently IPO'd Affirm (AFRM), I wanted to write an article on a fintech stock in my portfolio that I feel is a better choice yet is underappreciated. That company is Elevate Credit (ELVT)....
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting […]