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Enova International (Enova International) Cyclically Adjusted Price-to-FCF : 2.82 (As of May. 02, 2024)


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What is Enova International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-02), Enova International's current share price is $61.38. Enova International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $21.73. Enova International's Cyclically Adjusted Price-to-FCF for today is 2.82.

The historical rank and industry rank for Enova International's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ENVA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.58   Med: 2.23   Max: 3.02
Current: 2.79

During the past years, Enova International's highest Cyclically Adjusted Price-to-FCF was 3.02. The lowest was 1.58. And the median was 2.23.

ENVA's Cyclically Adjusted Price-to-FCF is ranked better than
82.35% of 102 companies
in the Credit Services industry
Industry Median: 9.725 vs ENVA: 2.79

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Enova International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $11.434. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $21.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enova International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Enova International's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enova International Cyclically Adjusted Price-to-FCF Chart

Enova International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.43 2.04 2.63

Enova International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.28 2.64 2.47 2.63 2.89

Competitive Comparison of Enova International's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Enova International's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enova International's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Enova International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Enova International's Cyclically Adjusted Price-to-FCF falls into.



Enova International Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Enova International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=61.38/21.73
=2.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enova International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Enova International's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.434/129.4194*129.4194
=11.434

Current CPI (Mar. 2024) = 129.4194.

Enova International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.720 100.560 4.788
201409 3.542 100.428 4.565
201412 2.082 99.070 2.720
201503 2.311 99.621 3.002
201506 0.973 100.684 1.251
201509 2.072 100.392 2.671
201512 2.263 99.792 2.935
201603 2.904 100.470 3.741
201606 2.295 101.688 2.921
201609 3.468 101.861 4.406
201612 2.657 101.863 3.376
201703 3.458 102.862 4.351
201706 1.848 103.349 2.314
201709 3.556 104.136 4.419
201712 3.847 104.011 4.787
201803 4.329 105.290 5.321
201806 3.930 106.317 4.784
201809 4.716 106.507 5.731
201812 6.077 105.998 7.420
201903 6.294 107.251 7.595
201906 5.457 108.070 6.535
201909 5.390 108.329 6.439
201912 6.960 108.420 8.308
202003 7.534 108.902 8.953
202006 7.359 108.767 8.756
202009 4.369 109.815 5.149
202012 3.027 109.897 3.565
202103 2.932 111.754 3.395
202106 2.507 114.631 2.830
202109 2.569 115.734 2.873
202112 3.726 117.630 4.099
202203 4.112 121.301 4.387
202206 6.733 125.017 6.970
202209 6.756 125.227 6.982
202212 7.935 125.222 8.201
202303 8.304 127.348 8.439
202306 8.976 128.729 9.024
202309 8.102 129.860 8.075
202312 9.796 129.419 9.796
202403 11.434 129.419 11.434

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Enova International  (NYSE:ENVA) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Enova International Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Enova International's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Enova International (Enova International) Business Description

Traded in Other Exchanges
Address
175 West Jackson Boulevard, Suite 1000, Chicago, IL, USA, 60604
Enova International Inc provides online financial services, including short-term consumer loans, line of credit accounts, and installment loans to customers mainly in the United States and the United Kingdom. Consumers apply for credit online, receive a decision almost immediately, and can receive funds within one day. Enova acts as either the lender or a third-party facilitator between borrowers and other lenders. The company earns revenue from interest income, finance charges, and other fees, including fees on the transactions between borrowers and third-party lenders. The majority of revenue comes from the United States. The company realizes similar amounts of revenue from each of its three different products: short-term loans, lines of credit, and installment loans.
Executives
Linda Johnson Rice director
Steven E Cunningham officer: Executive VP - CFO & Treasurer 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Ellen Carnahan director 222 WEST ADAMS ST, C/O WILLIAM BLAIR VENTURE MANAGEMENT CO, CHICAGO IL 60606-5307
Kirk Chartier officer: SVP - Chief Marketing Officer C/O OPTIONSXPRESS HOLDINGS, INC., 311 WEST MONROE; SUITE 1000, CHICAGO IL 60606
Sean Rahilly officer: VP - Chief Compliance Officer C/O ENOVA INTERNATIONAL, INC., 175 W. JACKSON BLVD., CHICAGO IL 60604
David Fisher director, officer: President - CEO 39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605
James A Gray director 39 SOUTH LASALLE STREET SUITE 220, CHICAGO IL 60605
Gregg A. Kaplan director C/O ENOVA INTERNATIONAL, INC., 175 W. JACKSON BLVD., CHICAGO IL 60604
James Joseph Lee officer: Chief Accounting Officer C/O ENOVA INTERNATIONAL, INC., 175 W. JACKSON BLVD., SUITE 1000, CHICAGO IL 60604
William M Goodyear director NAVIGANT CONSULTING, INC, 615 N. WABASH AVENUE, CHICAGO IL 60611
Mark Mcgowan director C/O COMBIMATRIX CORPORATION, 6500 HARBOUR HEIGHTS PARKWAY, SUITE 303, MUKILTEO WA 98275
Gregory T Zeeman officer: SVP - Chief Operating Officer C/O HSBC NORTH AMERICA, 26525 N. RIVERWOODS BLVD., METTAWA IL 60045
Daniel R Feehan director CASH AMERICA INTL INC, 1600 W &TH ST, FORT WORTH TX 76102
Mark Tebbe director LANTE CORP, 161 NORTH CLARK STREET, SUITE 4900, CHICAGO IL 60601
John Higginson officer: VP - Chief Technology Officer C/O ENOVA INTERNATIONAL, INC., 175 W. JACKSON BLVD., CHICAGO IL 60604