Enova International (ENVA) AI Stock Analysis

• Market Cap: $2.46B
• Dividend Yield: N/A
• Average Volume (3M): 215.50K
• Price to Earnings (P/E): 11.4
• Beta (1Y): 1.28
• Revenue Growth: 24.47%
• EPS Growth: 54.18%
• Country: US
• Employees: 1,787
• Sector: Financial
• Sector Strength: 77
• Industry: Financial - Credit Services
• EPS (TTM): 2.98
• Shares Outstanding: 25,366,770
• 10 Day Avg. Volume: 194,431
• 30 Day Avg. Volume: 215,502
• PEG Ratio: -0.67
• Price to Book (P/B): 1.04
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.46
• Enterprise Value/Market Cap: 1.39
• Enterprise Value/Revenue: 0.33
• Enterprise Value/Gross Profit: 2.63
• Enterprise Value/Ebitda: 2.59
• 1Y Price Target: $126.00
• Price Target Upside: 32.79% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7

• Rating: 77 Outperform
• Price Target: $108.00 ▲(13.82%Upside)

Enova International's overall stock score reflects its strong financial performance and positive earnings call sentiment. The technical analysis indicates some caution due to mixed signals, and while the valuation suggests reasonable pricing, the high leverage on the balance sheet poses a potential risk. Corporate events contribute positively to the overall positioning of the company.

Positive Factors

Earnings Growth

ENVA shares are expected to follow its earnings growth, supported by a stable valuation target.

Financial Performance

ENVA reported 1Q25 results that beat by 2% on revenue, 3% on adjusted EBITDA, and 9% on EPS, aided by share buybacks.

Market Share and Competition

Competition is fairly limited and the company's market share is very small, which should allow Enova International to provide controlled growth over the long-term in the sub- and non-prime consumer loan markets, and in its small business lending platform.

Negative Factors

Credit Quality

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

Expense Management

The company is still seeing very strong growth currently in both of its consumer and small business lending given favorable competitive environment.

Enova International Business Overview & Revenue Model

Company Description

Enova International, Inc. (ENVA) is a leading technology and data analytics-driven online financial services company. Headquartered in Chicago, Illinois, Enova provides credit and financing solutions to non-prime consumers and small businesses, primarily in the United States and the United Kingdom. The company leverages its proprietary technology, advanced analytics, and customer insights to offer a range of financial products, including personal loans, lines of credit, and small business loans, tailored to meet the needs of underserved consumers and businesses.

How the Company Makes Money

Enova International generates revenue primarily through interest and fees on the financial products it offers. The company utilizes its advanced risk assessment and analytics technology to underwrite and price its credit offerings effectively. Enova's key revenue streams include interest income from personal loans and lines of credit, as well as service fees associated with these products. Additionally, Enova earns revenue from its small business lending operations, which provide working capital and financial solutions to small enterprises. The company also benefits from its strategic partnerships and proprietary technology, which enhance its ability to reach and serve a diverse customer base efficiently.

Enova International Financial Statement Overview

Summary

Enova International demonstrates strong financial health with notable revenue growth and profitability metrics. The income statement shows robust gross profit margins, and the cash flow statement indicates excellent cash generation capabilities. While the balance sheet is leveraged, it remains stable, highlighting effective financial management.

Income Statement

The income statement reflects strong profitability with a consistent increase in total revenue from $1.08 billion in 2020 to $2.79 billion TTM (Trailing-Twelve-Months) in 2025. Gross profit margins are robust, consistently above 40%. Net income has shown positive growth, indicating effective cost management and operational efficiency. The revenue growth rate from 2024 to TTM is approximately 5.1%, showcasing a moderate growth trajectory. However, EBITDA margins have experienced fluctuations, which could indicate variability in operating costs or other expenses.

Balance Sheet

The balance sheet demonstrates a solid equity base with stockholders' equity at $1.20 billion TTM. The debt-to-equity ratio is relatively high, reflecting significant leverage, which could pose risks in adverse market conditions. Return on Equity (ROE) remains healthy, suggesting effective use of equity to generate profits. The equity ratio is moderate, indicating a balanced approach to asset financing. Despite the high leverage, the company maintains a stable financial structure.

Cash Flow

Cash flow analysis reveals strong cash generation abilities with operating cash flow reaching $1.58 billion TTM. The free cash flow has consistently grown, with a significant increase from $711 million in 2020 to $1.54 billion TTM. The operating cash flow to net income ratio is robust, indicating efficient conversion of earnings into cash. The free cash flow to net income ratio is also strong, highlighting effective capital management. This strong cash flow position provides flexibility for debt servicing and investment opportunities.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.79B	2.66B	2.12B	1.74B	1.21B	1.08B
	Gross Profit
1.30B	1.24B	1.04B	1.12B	947.75M	597.50M
	EBIT
625.87M	584.76M	422.13M	383.99M	413.06M	107.42M
	EBITDA
140.19M	334.52M	265.51M	420.86M	448.44M	397.55M
	Net Income Common Stockholders
233.97M	209.45M	175.12M	207.42M	256.30M	377.84M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
55.51M	73.91M	54.36M	100.17M	165.48M	297.27M
	Total Assets
5.46B	5.27B	4.59B	3.78B	2.76B	2.11B
	Total Debt
3.73B	3.60B	2.97B	2.29B	1.43B	1.01B
	Net Debt
3.73B	3.52B	2.92B	2.19B	1.26B	717.14M
	Total Liabilities
4.26B	4.07B	3.35B	2.59B	1.67B	1.19B
	Stockholders Equity
1.20B	1.20B	1.24B	1.19B	1.09B	917.35M
Cash Flow		Free Cash Flow
1.54B	1.50B	1.12B	850.37M	442.19M	711.38M
	Operating Cash Flow
1.58B	1.54B	1.17B	894.00M	471.87M	740.87M
	Investing Cash Flow
-1.98B	-1.91B	-1.49B	-1.67B	-980.37M	83.58M
	Financing Cash Flow
480.18M	318.88M	526.54M	724.87M	365.15M	-535.97M

Enova International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 94.89
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ENVA, the sentiment is Negative. The current price of 94.89 is above the 20-day moving average (MA) of 94.67, above the 50-day MA of 94.05, and below the 200-day MA of 95.55, indicating a neutral trend. The MACD of 0.32 indicates Negative momentum. The RSI at 49.97 is Neutral, neither overbought nor oversold. The STOCH value of 69.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ENVA.

Enova International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FINV	82 Outperform	$2.18B	6.27	17.91%	3.22%	4.99%	25.93%
ENVA	77 Outperform	$2.46B	11.42	19.94%	―	24.47%	54.18%
PRK	75 Outperform	$2.65B	16.82	12.98%	2.61%	11.80%	23.34%
BFH	68 Neutral	$2.43B	9.32	9.34%	1.61%	-3.20%	-28.69%
Sector *	65 Neutral	$12.93B	9.81	7.84%	78.03%	12.20%	-7.74%
LC	60 Neutral	$1.25B	24.67	3.86%	―	5.72%	31.82%
LU	52 Neutral	$2.41B	―	-3.79%	4.24%	-38.81%	-425.73%

Enova International Corporate Events

Enova International Issues $163.9M in Principal Notes

On May 30, 2025, NetCredit Combined Receivables A, LLC, an indirect subsidiary of Enova International, issued $163,866,000 in principal notes through a securitization transaction. The notes, backed by $193.0 million in unsecured consumer installment loans, are intended to acquire receivables, fund a reserve account, and cover transaction expenses. The notes, with a fixed interest rate of 7.29%, mature on October 20, 2031, and are subject to specific compliance criteria. Failure to meet these criteria could lead to accelerated maturity or sale of receivables. The notes are offered to qualified institutional buyers and persons outside the U.S. under specific regulations.

The most recent analyst rating on (ENVA) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Enova International Announces Pricing of New Notes

On May 16, 2025, Enova International announced the pricing of $163,866,000 in aggregate principal notes through its indirect subsidiary, NetCredit Combined Receivables A, LLC. These notes, set to close around May 30, 2025, will be backed by unsecured consumer installment loans and are aimed at qualified institutional buyers. The proceeds will be used to acquire securitization receivables, fund a reserve account, and cover transaction-related expenses, highlighting Enova’s strategic financial maneuvers to enhance its market positioning.

The most recent analyst rating on (ENVA) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Enova International Holds Annual Stockholders Meeting

On May 14, 2025, Enova International held its Annual Meeting of Stockholders, where ten directors were elected, executive compensation was approved on a non-binding basis, and Deloitte & Touche LLP was ratified as the independent auditor for 2025. The meeting saw participation from a significant majority of shareholders, indicating strong engagement and support for the company’s governance and strategic direction.

The most recent analyst rating on (ENVA) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Enova International Announces $261M Asset-Backed Notes Offering

On March 7, 2025, Enova International announced that its subsidiary, OnDeck Asset Securitization IV, LLC, plans to offer $261,392,000 in Series 2025-1 Fixed Rate Asset-Backed Notes through a private securitization transaction. The proceeds will be used to purchase small business loans from OnDeck, which will serve as collateral for the notes. The transaction, expected to close around March 20, 2025, aims to enhance OnDeck’s ability to support small businesses while not being guaranteed by Enova or OnDeck.