The price/operating cash flow metric for Elevate Credit Inc is higher than only 3.08% of stocks in our set with a positive cash flow.
With a price/sales ratio of 0.16, Elevate Credit Inc has a higher such ratio than just 5.34% 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 64.39%, greater than the shareholder yield of 94.98% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Elevate Credit Inc are PEIX, USCR, DK, STRL, and R.
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 92th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 2995.83% on a DCF basis. The most interesting components of our discounted cash flow analysis for Elevate Credit Inc ended up being:
20% of the company's capital comes from equity, which is greater than merely 7.61% of stocks in our cash flow based forecasting set.
The business' balance sheet reveals debt to be 80% of the company's capital (with equity being the remaining amount). Approximately 92.35% 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 64.57% of stocks in its sector (Financial Services).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Elevate Credit Inc? See NOAH, GECC, RDN, TREE, and ESGR.
FORT WORTH, Texas--(BUSINESS WIRE)--Elevate Credit, Inc. (“Elevate”), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, today announced financial results for the second quarter 2020. Elevate has posted its second quarter release to its Investor Relations webpage at http://investors.elevate.com/press-releases. Conference Call The Company will host a conference call to discuss its second quarter financial results on Thursday, August 6th
A new study released today by Elevate’s Center for the New Middle Class (CNMC) reveals that prime consumers (those with credit scores of 700 and above) are exhibiting significant financial weakness due to the coronavirus pandemic while conditions for non-prime consumers, a population of approximately 150 million in the United States, seem to be stabilizing.
Elevate Credit, Inc. ("Elevate"), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, today announced that it will release its second quarter 2020 financial results after the market closes on Thursday, August 6, 2020. Jason Harvison, Chief Executive Officer, and Chris Lutes, Chief Financial Officer, will also host a conference call on the day of the release (August 6, 2020) at 5:00 pm ET to discuss Elevate’s financial results.
Elevate Credit, Inc. ("Elevate"), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced today a new partnership between its Rise brand and SpringFour, a social impact fintech company.