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Enova InternationalENVA -2.68%75 Altman Z-Score is 2.85 as of Aug. 06, 2026, which is 13% above its 10-year median of 2.53. GuruFocus rates ENVA with a GF Score™ of 75/100 and a GF Value™ of $141.63 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 411 Credit Services companies, Enova International ranks better than 69.34% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Warning Sign:
Altman Z-score of 2.87 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Enova International has a Altman Z-Score of 2.85, indicating it is in Grey Zones. This implies that Enova International is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Enova International's Altman Z-Score or its related term are showing as below:
ENVA'
s Altman Z-Score Range Over the Past 10 Years
Min: 2.13 Med: 2.53 Max: 3.43
Current: 2.87
During the past 13 years, Enova International's highest Altman Z-Score was 3.43. The lowest was 2.13. And the median was 2.53.
Enova International (NYSE:ENVA) Altman Z-Score Explanation
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Enova International Altman Z-Score Related Terms
Enova International Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Enova International's Altman Z-Score 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.
ENVA vs CACC, KLAR, SEZL: Altman Z-Score Comparison
For the Credit Services subindustry, Enova International's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Enova International's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Enova International's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Enova International's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
0.8884
+
1.4
*
0.3049
+
3.3
*
0.064
+
0.6
*
1.1132
+
1.0
*
0.4772
=
2.85
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Enova International (ENVA) has a Altman Z-Score of 2.85 as of Aug. 06, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Enova International and its competitors. This is 13% above median its historical median of 2.53. Over the past decade, Enova International's Altman Z-Score has ranged from 2.13 to 3.43. According to the industry distribution chart, Enova International ranks #126 out of 411 companies in the Credit Services industry, placing it in the top 30.7%.
Is Enova International's Altman Z-Score too high?
Enova International's current Altman Z-Score of 2.85 is 13% above median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 3.43. The Credit Services industry median Altman Z-Score is 1.71. Enova International's value of 2.85 is 66.7% above this industry median. Based on the distribution chart, Enova International ranks #126 out of 411 companies in the Credit Services industry, which is above the industry midpoint. Overall, Enova International has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enova International's Altman Z-Score compare to CACC and KLAR?
According to the Credit Services industry distribution chart, Enova International ranks #126 out of 411 companies for Altman Z-Score. This puts Enova International in the upper half of its industry. The industry median Altman Z-Score is 1.71. Enova International's value of 2.85 is 66.7% above this benchmark. Historically, Enova International's own Altman Z-Score has ranged from 2.13 to 3.43 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 1.71, Enova International has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Credit Services company?
The median Altman Z-Score among Credit Services companies is 1.71, based on 411 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enova International's current Altman Z-Score of 2.85 is 66.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Enova International and its competitors. For the Credit Services industry, the median Altman Z-Score is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enova International's current Altman Z-Score is 2.85, which is 13% above median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enova International stock overvalued right now?
Based on GuruFocus' analysis, Enova International (ENVA) is currently considered Significantly Overvalued. The stock's GF Value™ is $141.63, compared to a current price of $255.96 — trading 80.7% above its estimated fair value. The current Altman Z-Score is 2.85, which is 13% above median its 10-year median of 2.53 and 66.7% above the Credit Services industry median of 1.71. Enova International's overall GF Score™ is 75/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Enova International (ENVA), the current Altman Z-Score is 2.85 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Enova International (ENVA) Overvalued in 2026?
Based on GuruFocus' analysis, Enova International stock appears to be overvalued.
The current stock price of $255.96 is trading 80.7% above its estimated GF Value™ of $141.63.
GuruFocus considers Enova International to be Significantly Overvalued.
Key valuation signals for ENVA:
Altman Z-Score: 2.85 (13% above median its 10-year median of 2.53)
GF Value™: $141.63 vs. price of $255.96 (80.7% above fair value)
Industry Position: 66.7% above the Credit Services median (#126 of 411)
No single metric tells the full story. See the ENVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 Brazil. Consumers apply for credit online, the company's technology platforms process the applications, and transactions are completed quickly and efficiently. Its customers are predominantly retail consumers and small businesses. Enova markets its financing products under the names CashNetUSA, NetCredit, OnDeck, Headway Capital, and Simplic. The company also operates a money transfer platform under the name Pangea. Geographically, the company generates a majority of its revenue from its business in the United States and the rest from other international countries.
75GF Score
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