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Elevate Credit

DB:0EV
Snowflake Description

Very undervalued with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0EV
DB
$46M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Elevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States and the United Kingdom. The last earnings update was 45 days ago. More info.


Add to Portfolio Compare Print
  • Elevate Credit has significant price volatility in the past 3 months.
0EV Share Price and Events
7 Day Returns
-4.6%
DB:0EV
6%
Europe Consumer Finance
7.3%
DE Market
1 Year Returns
-72.8%
DB:0EV
-48.3%
Europe Consumer Finance
-17.7%
DE Market
0EV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Elevate Credit (0EV) -4.6% -64.5% -73.7% -72.8% - -
Europe Consumer Finance 6% -34.5% -40.3% -48.3% -64.4% -63.3%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • 0EV underperformed the Consumer Finance industry which returned -48.3% over the past year.
  • 0EV underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
0EV
Industry
5yr Volatility vs Market

0EV Value

 Is Elevate Credit undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Elevate Credit to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Elevate Credit.

DB:0EV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 5 analysts.
= Stable Book Value * Return on Equity
= $5.25 * 21.8%
$1.14
Book Value of Equity per Share Weighted future Book Value estimates from 5 analysts. $5.25
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:0EV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.586 (1 + (1- 21%) (1248.67%))
4.592
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:0EV using Excess Returns Model Model

The calculations below outline how an intrinsic value for Elevate Credit is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:0EV Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (21.8% – 10.49%) * $5.25)
$0.59
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $0.59 / (10.49% - -0.39%)
$5.44
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $5.25 + $5.44
$10.69
DB:0EV Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:0EV represents 0.97169x of NYSE:ELVT
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97169x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 10.69 x 0.97169
€10.39
Value per share (EUR) From above. €10.39
Current discount Discount to share price of €1.03
= -1 x (€1.03 - €10.39) / €10.39
90.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Elevate Credit is available for.
Intrinsic value
>50%
Share price is €1.03 vs Future cash flow value of €10.39
Current Discount Checks
For Elevate Credit to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Elevate Credit's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Elevate Credit's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Elevate Credit's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Elevate Credit's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0EV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.73
NYSE:ELVT Share Price ** NYSE (2020-03-30) in USD $1.06
Europe Consumer Finance Industry PE Ratio Median Figure of 27 Publicly-Listed Consumer Finance Companies 5.55x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Elevate Credit.

DB:0EV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:ELVT Share Price ÷ EPS (both in USD)

= 1.06 ÷ 0.73

1.44x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Elevate Credit is good value based on earnings compared to the Europe Consumer Finance industry average.
  • Elevate Credit is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Elevate Credit's expected growth come at a high price?
Raw Data
DB:0EV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.44x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
15.3%per year
Europe Consumer Finance Industry PEG Ratio Median Figure of 19 Publicly-Listed Consumer Finance Companies 0.41x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

DB:0EV PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 1.44x ÷ 15.3%

0.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Elevate Credit is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Elevate Credit's assets?
Raw Data
DB:0EV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $3.58
NYSE:ELVT Share Price * NYSE (2020-03-30) in USD $1.06
Europe Consumer Finance Industry PB Ratio Median Figure of 42 Publicly-Listed Consumer Finance Companies 0.71x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:0EV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:ELVT Share Price ÷ Book Value per Share (both in USD)

= 1.06 ÷ 3.58

0.3x

* Primary Listing of Elevate Credit.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Elevate Credit is good value based on assets compared to the Europe Consumer Finance industry average.
X
Value checks
We assess Elevate Credit's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check)
  5. Elevate Credit has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

0EV Future Performance

 How is Elevate Credit expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Elevate Credit expected to grow at an attractive rate?
  • Elevate Credit's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Elevate Credit's earnings growth is expected to exceed the Germany market average.
  • Elevate Credit's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0EV Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0EV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 15.3%
DB:0EV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 5.1%
Europe Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:0EV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0EV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 871 51 2
2021-12-31 819 44 6
2020-12-31 761 37 6
2020-03-30
DB:0EV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 747 370 32
2019-09-30 767 374 28
2019-06-30 776 369 19
2019-03-31 783 376 16
2018-12-31 787 362 13
2018-09-30 773 356 -4
2018-06-30 744 336 1
2018-03-31 710 320 1
2017-12-31 673 309 -7
2017-09-30 649 283 1
2017-06-30 630 265 -16
2017-03-31 606 264 -26

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Elevate Credit's earnings are expected to grow by 15.3% yearly, however this is not considered high growth (20% yearly).
  • Elevate Credit's revenue is expected to grow by 5.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:0EV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Elevate Credit Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0EV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 1.25 1.42 1.07 3.00
2021-12-31 1.05 1.19 0.98 6.00
2020-12-31 0.85 0.86 0.85 6.00
2020-03-30
DB:0EV Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.73
2019-09-30 0.64
2019-06-30 0.44
2019-03-31 0.38
2018-12-31 0.29
2018-09-30 -0.09
2018-06-30 0.02
2018-03-31 0.02
2017-12-31 -0.20
2017-09-30 0.03
2017-06-30 -0.82
2017-03-31 -2.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Elevate Credit is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Elevate Credit's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Elevate Credit has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

0EV Past Performance

  How has Elevate Credit performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Elevate Credit's growth in the last year to its industry (Consumer Finance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Elevate Credit has delivered over 20% year on year earnings growth in the past 5 years.
  • Elevate Credit's 1-year earnings growth exceeds its 5-year average (157.3% vs 69.9%)
  • Elevate Credit's earnings growth has exceeded the Europe Consumer Finance industry average in the past year (157.3% vs 17.9%).
Earnings and Revenue History
Elevate Credit's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Elevate Credit Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0EV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 746.96 32.18 167.88
2019-09-30 767.33 28.03 166.44
2019-06-30 776.03 19.03 164.82
2019-03-31 782.65 16.38 161.73
2018-12-31 786.68 12.51 157.23
2018-09-30 772.84 -3.82 151.99
2018-06-30 744.21 1.01 144.49
2018-03-31 710.30 0.90 141.04
2017-12-31 673.13 -6.92 137.07
2017-09-30 648.71 0.86 130.47
2017-06-30 629.78 -15.98 128.36
2017-03-31 606.09 -26.50 122.73
2016-12-31 580.44 -22.37 117.48
2016-09-30 545.12 -17.71 117.03
2016-06-30 510.63 -16.52 112.49
2016-03-31 475.22 -15.02 108.06
2015-12-31 434.01 -19.91 102.96
2015-09-30 394.33 -30.90 99.43
2015-06-30 352.03 -30.13 94.09
2015-03-31 311.94 -39.00 87.19
2014-12-31 273.72 -54.76 82.08
2013-12-31 72.10 -43.36 45.82

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Elevate Credit has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • Elevate Credit used its assets more efficiently than the Europe Consumer Finance industry average last year based on Return on Assets.
  • Elevate Credit has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Elevate Credit's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Elevate Credit has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

0EV Health

 How is Elevate Credit's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Elevate Credit's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Elevate Credit is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Elevate Credit's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Elevate Credit's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Elevate Credit Company Filings, last reported 2 months ago.

DB:0EV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 156.49 555.06 88.91
2019-09-30 145.70 549.03 77.34
2019-06-30 139.93 527.24 63.40
2019-03-31 133.06 527.51 97.15
2018-12-31 116.79 562.59 58.73
2018-09-30 111.05 548.96 56.03
2018-06-30 113.81 525.34 71.38
2018-03-31 109.25 521.96 90.28
2017-12-31 96.16 513.30 41.14
2017-09-30 105.85 476.54 53.47
2017-06-30 102.82 448.94 81.20
2017-03-31 19.29 511.27 97.23
2016-12-31 13.57 493.48 53.57
2016-09-30 16.11 451.64 53.50
2016-06-30
2016-03-31 39.47 357.15 72.87
2015-12-31 33.38 339.08 29.05
2015-09-30 30.85 297.30 33.11
2015-06-30 45.52 204.80 14.58
2015-03-31 52.19 175.29 29.52
2014-12-31 52.19 174.80 29.52
2013-12-31 93.90 0.00 4.42
  • Elevate Credit's level of debt (354.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (334.9% vs 354.7% today).
  • Debt is well covered by operating cash flow (66.7%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Elevate Credit's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Elevate Credit has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

0EV Dividends

 What is Elevate Credit's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Elevate Credit dividends. Estimated to be 0% next year.
If you bought €2,000 of Elevate Credit shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Elevate Credit's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Elevate Credit's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:0EV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Europe Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:0EV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.00 1.00
2021-12-31 0.00 2.00
2020-12-31 0.00 2.00
2020-03-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Elevate Credit has not reported any payouts.
  • Unable to verify if Elevate Credit's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Elevate Credit's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Elevate Credit has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Elevate Credit's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Elevate Credit's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Elevate Credit afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Elevate Credit has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

0EV Management

 What is the CEO of Elevate Credit's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jason Harvison
COMPENSATION $1,912,822
AGE 43
TENURE AS CEO 0.7 years
CEO Bio

Mr. Jason Harvison has been the President, Chief Executive officer and Director of Elevate Credit, Inc. since November 21, 2019 and served as its Interim Chief Executive officer from July 31, 2019 to November 21, 2019. Mr. Harvison served as Chief Operating Officer at Elevate Credit, Inc., since 2014 and served as its Secretary and Treasurer. He served as Chief Financial Officer at Elevate Credit, Inc., from May 2014 to December 2014 and also served as its Chief Product Officer from May 2014 to October 2014. He serves as Interim Chief Executive Officer at Elevate Credit, Inc. since July 29, 2019. He served as Director of Elevate Credit, Inc. since 2014 until January 2018. He served as Senior Vice President of Loan Operations at Think Finance Inc., since 2005 and served as its Executive Vice President since 2011 and Chief Product Officer from 2013 to 2014. Prior to joining Think Finance, he served as an Assistant Vice President at Guaranty Bank. He also serves on the Board of Town Center Bank. He served as a Director of Think Finance Inc., from 2005 to August 21, 2015. He graduated from Texas A&M University with BBA in Finance.

CEO Compensation
  • Jason's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jason's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Elevate Credit management team in years:

3.1
Average Tenure
51
Average Age
  • The tenure for the Elevate Credit management team is about average.
Management Team

Jason Harvison

TITLE
President
COMPENSATION
$2M
AGE
43
TENURE
0.7 yrs

Chris Lutes

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
51
TENURE
5.2 yrs

Chad Bradford

TITLE
Chief Accounting Officer & Senior VP of Finance
AGE
48
TENURE
6.2 yrs

Joan Kuehl

TITLE
Chief Information Officer
AGE
62
TENURE
4 yrs

Sarah Cutrona

TITLE
Chief Counsel
AGE
58
TENURE
6.2 yrs

Daniel Rhea

TITLE
Senior Communications Manager
TENURE
2.3 yrs

Sharon Clarey

TITLE
Executive VP & Chief Human Resources Officer
AGE
58

Scott Greever

TITLE
Executive Vice President of Product
AGE
49
TENURE
0.3 yrs

Eric Von Dohlen

TITLE
Chief Analytics Officer
AGE
51

David Peterson

TITLE
Chief Credit Officer
AGE
37
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Elevate Credit board of directors in years:

5.8
Average Tenure
66
Average Age
  • The tenure for the Elevate Credit board of directors is about average.
Board of Directors

Saundra Schrock

TITLE
Chairman
COMPENSATION
$163K
AGE
66
TENURE
0.7 yrs

Jason Harvison

TITLE
President
COMPENSATION
$2M
AGE
43
TENURE
0.3 yrs

John Dean

TITLE
Independent Director
COMPENSATION
$170K
AGE
71
TENURE
5.8 yrs

Stephen Galasso

TITLE
Independent Director
COMPENSATION
$216K
AGE
70
TENURE
5.8 yrs

Tyler W. Head

TITLE
Independent Director
COMPENSATION
$160K
AGE
43
TENURE
5.7 yrs

Steven Shaper

TITLE
Independent Director
COMPENSATION
$216K
AGE
82
TENURE
5.8 yrs

Ken Rees

TITLE
Director
COMPENSATION
$4M
AGE
56
TENURE
6.2 yrs

Bob Johnson

TITLE
Independent Director
COMPENSATION
$155K
AGE
73
TENURE
5.8 yrs

Brad Strock

TITLE
Independent Director
COMPENSATION
$456K
AGE
56
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
26. Mar 20 Sell Sequoia Capital China Company 24. Mar 20 26. Mar 20 -5,210 €1.16 €-5,851
26. Mar 20 Sell Sequoia Capital Operations LLC Company 24. Mar 20 26. Mar 20 -119,348 €1.16 €-134,023
23. Mar 20 Sell Sequoia Capital China Company 18. Mar 20 23. Mar 20 -7,542 €1.37 €-8,640
23. Mar 20 Sell Sequoia Capital Operations LLC Company 18. Mar 20 23. Mar 20 -172,793 €1.37 €-197,947
17. Mar 20 Sell Sequoia Capital China Company 13. Mar 20 17. Mar 20 -1,781 €2.31 €-3,631
17. Mar 20 Sell Sequoia Capital Operations LLC Company 13. Mar 20 17. Mar 20 -40,806 €2.31 €-83,187
12. Mar 20 Sell Sequoia Capital China Company 10. Mar 20 12. Mar 20 -3,726 €2.45 €-8,479
12. Mar 20 Sell Sequoia Capital Operations LLC Company 10. Mar 20 12. Mar 20 -85,372 €2.45 €-194,265
09. Mar 20 Sell Sequoia Capital China Company 05. Mar 20 09. Mar 20 -3,616 €2.71 €-9,440
09. Mar 20 Sell Sequoia Capital Operations LLC Company 05. Mar 20 09. Mar 20 -85,108 €2.71 €-222,096
04. Mar 20 Sell Sequoia Capital China Company 02. Mar 20 04. Mar 20 -4,905 €3.09 €-14,668
04. Mar 20 Sell Sequoia Capital Operations LLC Company 02. Mar 20 04. Mar 20 -112,356 €3.09 €-335,996
24. Feb 20 Sell Sequoia Capital China Company 20. Feb 20 24. Feb 20 -4,125 €3.65 €-14,572
24. Feb 20 Sell Sequoia Capital Operations LLC Company 20. Feb 20 24. Feb 20 -94,461 €3.65 €-333,699
19. Feb 20 Sell Sequoia Capital China Company 14. Feb 20 19. Feb 20 -4,957 €3.83 €-18,559
19. Feb 20 Sell Sequoia Capital Operations LLC Company 14. Feb 20 19. Feb 20 -113,580 €3.83 €-425,238
13. Feb 20 Sell Sequoia Capital China Company 11. Feb 20 13. Feb 20 -4,924 €4.14 €-19,754
13. Feb 20 Sell Sequoia Capital Operations LLC Company 11. Feb 20 13. Feb 20 -112,800 €4.14 €-452,528
10. Feb 20 Sell Sequoia Capital China Company 06. Feb 20 10. Feb 20 -6,381 €4.06 €-25,405
10. Feb 20 Sell Sequoia Capital Operations LLC Company 06. Feb 20 10. Feb 20 -146,160 €4.06 €-581,905
05. Feb 20 Sell Sequoia Capital China Company 03. Feb 20 05. Feb 20 -5,526 €4.47 €-22,985
05. Feb 20 Sell Sequoia Capital Operations LLC Company 03. Feb 20 05. Feb 20 -126,586 €4.47 €-526,512
03. Dec 19 Sell Sequoia Capital China Company 29. Nov 19 03. Dec 19 -1,544 €3.75 €-5,765
03. Dec 19 Sell Sequoia Capital Operations LLC Company 29. Nov 19 03. Dec 19 -35,368 €3.75 €-132,050
27. Nov 19 Sell Sequoia Capital China Company 26. Nov 19 27. Nov 19 -1,586 €3.79 €-5,986
27. Nov 19 Sell Sequoia Capital Operations LLC Company 26. Nov 19 27. Nov 19 -36,331 €3.79 €-137,134
25. Nov 19 Sell Sequoia Capital China Company 21. Nov 19 25. Nov 19 -3,047 €3.72 €-11,082
25. Nov 19 Sell Sequoia Capital Operations LLC Company 21. Nov 19 25. Nov 19 -69,793 €3.72 €-253,825
20. Nov 19 Sell Sequoia Capital China Company 18. Nov 19 20. Nov 19 -1,035 €3.56 €-3,610
20. Nov 19 Sell Sequoia Capital Operations LLC Company 18. Nov 19 20. Nov 19 -23,698 €3.56 €-82,665
15. Nov 19 Sell Sequoia Capital China Company 13. Nov 19 15. Nov 19 -1,727 €3.66 €-6,194
15. Nov 19 Sell Sequoia Capital Operations LLC Company 13. Nov 19 15. Nov 19 -39,574 €3.66 €-141,938
12. Nov 19 Sell Sequoia Capital China Company 07. Nov 19 12. Nov 19 -6,801 €3.73 €-25,275
12. Nov 19 Sell Sequoia Capital Operations LLC Company 07. Nov 19 12. Nov 19 -155,749 €3.73 €-578,826
06. Nov 19 Sell Sequoia Capital China Company 04. Nov 19 06. Nov 19 -2,722 €3.76 €-10,166
06. Nov 19 Sell Sequoia Capital Operations LLC Company 04. Nov 19 06. Nov 19 -62,365 €3.76 €-232,912
02. Aug 19 Sell Sequoia Capital China Company 30. Jul 19 01. Aug 19 -2,753 €3.87 €-10,598
02. Aug 19 Sell Sequoia Capital Operations LLC Company 30. Jul 19 01. Aug 19 -63,078 €3.87 €-242,833
30. Jul 19 Sell Sequoia Capital China Company 25. Jul 19 29. Jul 19 -2,163 €3.84 €-8,259
30. Jul 19 Sell Sequoia Capital Operations LLC Company 25. Jul 19 29. Jul 19 -49,532 €3.84 €-189,122
24. Jul 19 Sell Sequoia Capital China Company 22. Jul 19 24. Jul 19 -1,702 €3.87 €-6,529
24. Jul 19 Sell Sequoia Capital Operations LLC Company 22. Jul 19 24. Jul 19 -39,000 €3.87 €-149,613
20. Jul 19 Sell Sequoia Capital China Company 17. Jul 19 19. Jul 19 -3,881 €3.79 €-14,689
20. Jul 19 Sell Sequoia Capital Operations LLC Company 17. Jul 19 19. Jul 19 -88,883 €3.79 €-336,416
17. Jul 19 Sell Sequoia Capital China Company 12. Jul 19 16. Jul 19 -2,876 €3.80 €-10,849
17. Jul 19 Sell Sequoia Capital Operations LLC Company 12. Jul 19 16. Jul 19 -65,918 €3.80 €-248,648
12. Jul 19 Sell Sequoia Capital China Company 09. Jul 19 11. Jul 19 -2,201 €3.76 €-8,238
12. Jul 19 Sell Sequoia Capital Operations LLC Company 09. Jul 19 11. Jul 19 -50,414 €3.76 €-188,694
09. Jul 19 Sell Sequoia Capital China Company 03. Jul 19 08. Jul 19 -1,329 €3.77 €-4,922
09. Jul 19 Sell Sequoia Capital Operations LLC Company 03. Jul 19 08. Jul 19 -30,463 €3.77 €-112,830
03. Jul 19 Sell Sequoia Capital China Company 28. Jun 19 02. Jul 19 -1,875 €3.68 €-6,849
03. Jul 19 Sell Sequoia Capital Operations LLC Company 28. Jun 19 02. Jul 19 -42,960 €3.68 €-156,916
28. Jun 19 Sell Sequoia Capital China Company 25. Jun 19 27. Jun 19 -1,817 €3.73 €-6,727
28. Jun 19 Sell Sequoia Capital Operations LLC Company 25. Jun 19 27. Jun 19 -41,637 €3.73 €-154,156
25. Jun 19 Sell Sequoia Capital China Company 20. Jun 19 24. Jun 19 -1,371 €3.91 €-5,277
25. Jun 19 Sell Sequoia Capital Operations LLC Company 20. Jun 19 24. Jun 19 -31,429 €3.91 €-120,972
20. Jun 19 Sell Sequoia Capital China Company 17. Jun 19 19. Jun 19 -1,569 €3.98 €-6,223
20. Jun 19 Sell Sequoia Capital Operations LLC Company 17. Jun 19 19. Jun 19 -35,931 €3.98 €-142,517
15. Jun 19 Sell Sequoia Capital China Company 12. Jun 19 14. Jun 19 -1,463 €3.99 €-5,782
15. Jun 19 Sell Sequoia Capital Operations LLC Company 12. Jun 19 14. Jun 19 -33,537 €3.99 €-132,535
12. Jun 19 Sell Sequoia Capital China Company 07. Jun 19 11. Jun 19 -1,633 €3.91 €-6,192
12. Jun 19 Sell Sequoia Capital Operations LLC Company 07. Jun 19 11. Jun 19 -37,432 €3.91 €-141,939
07. Jun 19 Sell Sequoia Capital China Company 04. Jun 19 06. Jun 19 -1,764 €3.81 €-6,680
07. Jun 19 Sell Sequoia Capital Operations LLC Company 04. Jun 19 06. Jun 19 -40,417 €3.81 €-153,048
04. Jun 19 Sell Sequoia Capital China Company 30. May 19 03. Jun 19 -1,813 €3.81 €-6,797
04. Jun 19 Sell Sequoia Capital Operations LLC Company 30. May 19 03. Jun 19 -41,567 €3.81 €-155,842
30. May 19 Sell Sequoia Capital China Company 24. May 19 29. May 19 -2,410 €3.95 €-9,414
30. May 19 Sell Sequoia Capital Operations LLC Company 24. May 19 29. May 19 -55,182 €3.95 €-215,545
X
Management checks
We assess Elevate Credit's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Elevate Credit has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

0EV News

Simply Wall St News

0EV Company Info

Description

Elevate Credit, Inc. provides online credit solutions to non-prime consumers in the United States and the United Kingdom. The company offers unsecured online installment loans, lines of credit, and credit cards. Its products include Rise, an installment loan and line of credit products; Elastic, a line of credit product; Sunny, an installment loan product; and Today Card, a credit card product. The company was incorporated in 2014 and is headquartered in Fort Worth, Texas.

Details
Name: Elevate Credit, Inc.
0EV
Exchange: DB
Founded: 2014
$41,333,286
43,020,373
Website: http://www.elevate.com
Address: Elevate Credit, Inc.
4150 International Plaza,
Suite 300,
Fort Worth,
Texas, 76109,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE ELVT Common Stock New York Stock Exchange US USD 06. Apr 2017
DB 0EV Common Stock Deutsche Boerse AG DE EUR 06. Apr 2017
Number of employees
Current staff
Staff numbers
695
Elevate Credit employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 23:44
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/26
Last earnings filing: 2020/02/14
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.