Enova International provides online financial services to alternative credit consumers in the United States, the United Kingdom, Australia, Canada, Brazil, and China. The company was founded in 2004 and is based in Chicago, Illinois.
ENVA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for ENVA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Enova International Inc ranked in the 90th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for ENVA, they are:
41% of the company's capital comes from equity, which is greater than merely 17.72% of stocks in our cash flow based forecasting set.
Enova International Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 15.4% of tickers in our DCF set.
Relative to other stocks in its sector (Financial Services), Enova International Inc has a reliance on debt greater than 78.03% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ENVA, try ELVT, LFC, CPSS, NOAH, and RDN.
NEW YORK , Sept. 24, 2020 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces the filing of a shareholder class action lawsuit against On Deck Capital, Inc. (NYSE: ONDK ) in connection with its sale to Enova International, Inc for $0.12 per share in cash and 0.092 shares of Enova common stock for each share of On Deck held. The lawsuit seeks damages and/or equitable relief on behalf of On Deck shareholders under the federal securities laws. … Full story available on Benzinga.com
It seems small business lending fintechs are becoming a hot acquisition target. Reports surfaced yesterday that American Express is looking to acquire SMB lender Kabbage for $850 million, just two weeks after Enova International announced it was acquiring OnDeck. As the coronavirus pandemic continues to hobble SMB fintech lenders, other companies are looking to acquire […]
NEW ORLEANS, Aug. 6, 2020 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of On Deck Capital, Inc. (NYSE: ONDK) to Enova International (NYSE: ENVA). Under the terms of…
Enova International, Inc. (ENVA) Q2 2020 Earnings Conference Call July 28, 2020 05:00 PM ET Company Participants Monica Gould - Investor Relations David Fisher - CEO Noah Breslow - Chairman and CEO of OnDeck Steve Cunningham - CFO Conference Call Participants Vincent Caintic - Stephens John Rowan - Janney David...
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of On Deck Capital, Inc. ("ONDK" or the "Company") (NASDAQ: ONDK) in connection with the proposed acquisition of the Company by Enova International, Inc. ("ENVA") (NYSE: ENVA). Under the terms of the merger agreement, ONDK shareholders will receive 0.092 ENVA shares and $0.12 in cash for each share of ONDK common stock that they own, representing implied per-share merger consideration of $1.37 based upon ENVA's July 28, 2020 opening price of $13.54.