Enova International (ENVA) AI Stock Analysis

• Market Cap: $3.01B
• Dividend Yield: N/A
• Average Volume (3M): 328.90K
• Price to Earnings (P/E): 12.7
• Beta (1Y): 1.34
• Revenue Growth: 23.42%
• EPS Growth: 59.17%
• Country: US
• Employees: 1,787
• Sector: Financial
• Sector Strength: 77
• Industry: Financial - Credit Services
• EPS (TTM): 3.23
• Shares Outstanding: 25,012,613
• 10 Day Avg. Volume: 243,893
• 30 Day Avg. Volume: 328,904
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.19
• Enterprise Value/Revenue: 2.25
• Enterprise Value/Gross Profit: 9.99
• Enterprise Value/Ebitda: 21.58
• 1Y Price Target: $135.25
• Price Target Upside: 9.62% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 78 Outperform
• Price Target: $123.00 ▼(-0.31% Downside)

Enova International's strong financial performance and positive earnings call are the primary drivers of its high score. While technical indicators suggest potential short-term volatility, the company's strategic initiatives and robust growth outlook support a favorable long-term perspective.

Positive Factors

Credit Quality and Financial Health

Credit quality remained stable with net charge-offs and delinquencies lower than previous levels, indicating improved financial health.

Earnings and Financial Performance

The company reported results that exceeded expectations on revenue, adjusted EBITDA, and EPS due to lower marketing costs.

Stock Performance and Valuation

The price target for the company's stock has been raised to $140, suggesting confidence in future performance and valuation.

Negative Factors

Consumer Lending Losses

Higher-than-expected losses in consumer lending affected the revenue negatively.

Loss Rates

Loss rates were slightly higher than estimates in both consumer and small business lending, though overall remain solid.

Enova International Business Overview & Revenue Model

Company Description

Enova International, Inc., a technology and analytics company, provides online financial services in the United States, Brazil, Australia, and Canada. The company offers installment loans; line of credit accounts; receivables purchase agreements; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan. It markets its financing products under the CashNetUSA, NetCredit, OnDeck, Headway Capital, The Business Backer, Simplic, and Pangea names. Enova International, Inc. was incorporated in 2011 and is headquartered in Chicago, Illinois.

How the Company Makes Money

Enova International generates revenue primarily through the interest and fees associated with its lending products. The company offers various types of loans, each with different terms and interest rates, which contribute to its revenue streams. Key revenue sources include personal loans, small business loans, and lines of credit. Enova also utilizes a data-driven approach to assess credit risk and tailor its offerings, allowing it to attract a diverse customer base. Additionally, partnerships with other financial service providers and technology firms enhance its service offerings and expand its reach in the market, further contributing to its earnings.

Enova International Financial Statement Overview

Summary

Enova International demonstrates strong financial health with robust revenue growth and effective cash generation. Despite healthy profitability margins, increased leverage poses a potential risk. The company's efficient cash flow generation supports future growth and stability.

Income Statement

Enova International has demonstrated strong revenue growth, increasing from $1,737 million in 2022 to $2,929 million TTM, showcasing a robust growth trajectory. The gross profit margin for TTM stands at 22.5%, with a net profit margin of 8.7%. While these margins indicate solid profitability, the gross profit margin has decreased compared to previous years, suggesting increased cost pressures. The EBIT margin of 22.7% and EBITDA margin of 10.4% reflect strong operational performance.

Balance Sheet

The company maintains a high debt-to-equity ratio of 3.23, indicating significant leverage, which poses potential risk in volatile economic conditions. However, Enova's return on equity (ROE) for TTM is a commendable 20.9%, reflecting efficient use of equity to generate profits. The equity ratio is 21.5%, suggesting a moderate proportion of assets financed by equity. Overall, while leverage is high, profitability and asset management remain strong.

Cash Flow

Enova's cash flow performance is impressive, with a significant operating cash flow to net income ratio of 6.51, indicating strong cash generation capabilities. The free cash flow has grown substantially, with a free cash flow to net income ratio of 6.33, highlighting effective cash management. The company has shown consistent free cash flow generation, supporting its capacity to fund operations and strategic initiatives.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.93B	2.66B	2.12B	1.74B	1.21B	1.08B
Gross Profit	659.50M	1.24B	1.04B	1.12B	947.75M	597.50M
EBITDA	305.30M	334.52M	265.51M	420.86M	448.44M	397.55M
Net Income	256.20M	209.45M	175.12M	207.42M	256.30M	377.84M
Balance Sheet
Total Assets	5.72B	5.27B	4.59B	3.78B	2.76B	2.11B
Cash, Cash Equivalents and Short-Term Investments	55.56M	73.91M	54.36M	100.17M	165.48M	297.27M
Total Debt	3.96B	3.60B	2.97B	2.29B	1.43B	1.01B
Total Liabilities	4.50B	4.07B	3.35B	2.59B	1.67B	1.19B
Stockholders Equity	1.23B	1.20B	1.24B	1.19B	1.09B	917.35M
Cash Flow
Free Cash Flow	1.62B	1.50B	1.12B	850.37M	442.19M	711.38M
Operating Cash Flow	1.67B	1.54B	1.17B	894.00M	471.87M	740.87M
Investing Cash Flow	-2.10B	-1.91B	-1.49B	-1.67B	-980.37M	83.58M
Financing Cash Flow	539.68M	318.88M	526.54M	724.87M	365.15M	-535.97M

Enova International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 123.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ENVA, the sentiment is Positive. The current price of 123.38 is above the 20-day moving average (MA) of 112.55, above the 50-day MA of 111.40, and above the 200-day MA of 102.39, indicating a bullish trend. The MACD of 3.88 indicates Negative momentum. The RSI at 72.93 is Negative, neither overbought nor oversold. The STOCH value of 86.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ENVA.

Enova International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BFH	79 Outperform	$3.05B	11.09	9.19%	1.25%	-4.15%	-38.33%
FINV	79 Outperform	$1.97B	5.44	18.75%	3.56%	8.41%	34.76%
ENVA	78 Outperform	$3.01B	12.74	21.56%	―	23.42%	59.17%
WU	72 Outperform	$2.82B	3.29	135.32%	10.78%	-3.83%	62.05%
Sector *	68 Neutral	$18.05B	11.73	10.24%	3.73%	9.66%	1.70%
LC	67 Neutral	$1.91B	25.53	5.50%	―	7.54%	70.26%
LU	52 Neutral	$2.42B	―	-3.79%	4.57%	-38.81%	-425.73%

Enova International Corporate Events

Enova International Amends Credit Facility Agreement

On August 28, 2025, Enova International, Inc. and its subsidiaries amended their secured asset-backed revolving credit facility with Bank of Montreal, increasing the total commitment from $665 million to $825 million, extending the maturity date to August 28, 2029, and reducing interest rates. This amendment is expected to enhance Enova’s financial flexibility and operational capacity, potentially strengthening its market position and offering improved terms for stakeholders.

Enova International Announces Leadership Changes for 2026

On July 24, 2025, Enova International announced significant leadership changes effective January 1, 2026. David Fisher, the current Chairman and CEO, will transition to Executive Chairman, while Steve Cunningham, the current CFO, will become the new CEO. Scott Cornelis, currently the Treasurer and VP of Finance, will take over as CFO. These changes are part of Enova’s long-term leadership transition planning, aimed at maintaining stability and continuity while driving shareholder value and positioning the company for continued excellence.

Enova International Secures $150M Securitization Facility

On July 17, 2025, NetCredit LOC Receivables 2025, LLC, a subsidiary of Enova International, entered into a Loan and Security Agreement with Banc of California and other lenders. This agreement establishes a $150 million securitization facility with a revolving period ending in 2027 and a maturity date in 2028, potentially enhancing Enova’s liquidity and financial flexibility.