Enova International (ENVA) AI Stock Analysis

• Market Cap: $2.52B
• Dividend Yield: N/A
• Average Volume (3M): 309.49K
• Price to Earnings (P/E): 11.6
• Beta (1Y): 1.32
• Revenue Growth: 24.47%
• EPS Growth: 54.18%
• Country: US
• Employees: 1,787
• Sector: Financial
• Sector Strength: 85
• Industry: Financial - Credit Services
• EPS (TTM): 2.98
• Shares Outstanding: 25,366,770
• 10 Day Avg. Volume: 282,041
• 30 Day Avg. Volume: 309,487
• PEG Ratio: 0.71
• Price to Book (P/B): 2.01
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $125.50
• Price Target Upside: 27.08% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

Enova International's overall score reflects strong financial performance, robust earnings, and favorable valuation metrics. Technical indicators suggest caution due to recent market volatility. Despite potential risks related to leverage and economic uncertainties, the company's growth trajectory and solid earnings outlook position it well for future performance.

Positive Factors

Competitive Advantage

The data collected since 2004 provides the company with a strong competitive advantage, particularly in loan underwriting and generating superior credit performance.

Earnings and Financial Performance

ENVA reported higher-than-expected EPS, driven by a lower tax rate and better revenue, resulting in a stronger net revenue margin.

Market Position and Growth

Enova continues to demonstrate strong and profitable growth in both of its businesses with solid credit performance.

Negative Factors

Credit Losses

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

Market Valuation

ENVA shares currently trade at a P/E multiple of 8.7x the new 2025 GAAP EPS estimate, with a price target of $138 equating to 13.0x, which is at a discount to prominent online lender Lending Club.

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 interest income and fees associated with its lending products. The company offers a diverse portfolio of credit products, including short-term loans, installment loans, and lines of credit, catering to both consumers and small businesses. Enova employs sophisticated risk management models to assess creditworthiness, allowing it to price loans effectively and manage risk. Additionally, the company has developed partnerships with third-party lenders and financial institutions to broaden its reach and enhance its product offerings. Key revenue streams include interest income from loans, origination fees, and service fees. By focusing on the online delivery of its financial products, Enova efficiently reaches a broad audience, optimizing both customer acquisition and retention.

Enova International Financial Statement Overview

Summary

Enova International shows robust financial health with strong revenue growth and profitability. Although the balance sheet is highly leveraged, the company maintains stability. Cash flow generation is exceptionally strong, providing flexibility for debt servicing and growth.

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: Positive
• Last Price: 98.76
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• 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 98.76 is above the 20-day moving average (MA) of 94.75, above the 50-day MA of 94.19, and above the 200-day MA of 94.15, indicating a bullish trend. The MACD of 0.68 indicates Negative momentum. The RSI at 56.65 is Neutral, neither overbought nor oversold. The STOCH value of 81.48 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
ENVA	84 Outperform	$2.52B	11.63	19.94%	―	24.47%	54.18%
FINV	78 Outperform	$2.19B	6.91	16.47%	2.91%	2.51%	7.06%
PRK	75 Outperform	$2.71B	17.20	12.98%	2.52%	11.81%	23.34%
BFH	66 Neutral	$2.57B	9.83	9.34%	1.52%	-3.20%	-28.69%
Sector *	64 Neutral	$12.75B	9.93	7.86%	17015.07%	12.19%	-5.92%
LC	62 Neutral	$1.30B	24.97	3.86%	―	5.72%	31.82%
LU	52 Neutral	$2.42B	―	-3.79%	4.32%	-38.81%	-425.73%

Enova International Corporate Events

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.

Spark’s Take on ENVA Stock

According to Spark, TipRanks’ AI Analyst, ENVA is a Outperform.

Enova International’s overall score reflects strong financial performance, robust earnings, and favorable valuation metrics. Technical indicators suggest caution due to recent market volatility. Despite potential risks related to leverage and economic uncertainties, the company’s growth trajectory and solid earnings outlook position it well for future performance.

To see Spark’s full report on ENVA stock, click here.

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.