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On Deck Capital

DB:2OD
Snowflake Description

Good value with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2OD
DB
$270M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

On Deck Capital, Inc. operates an online platform for small business lending in the United States, Canada, and Australia. The last earnings update was 66 days ago. More info.


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2OD Share Price and Events
7 Day Returns
10.7%
DB:2OD
5%
DE Diversified Financial
2.5%
DE Market
1 Year Returns
-46.9%
DB:2OD
1.4%
DE Diversified Financial
2.6%
DE Market
2OD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
On Deck Capital (2OD) 10.7% -7.1% -9.4% -46.9% -29.1% -
DE Diversified Financial 5% 7% -5% 1.4% 75.8% 333.8%
DE Market 2.5% 0.2% 1% 2.6% 7.8% 23.7%
1 Year Return vs Industry and Market
  • 2OD underperformed the Diversified Financial industry which returned 1.4% over the past year.
  • 2OD underperformed the Market in Germany which returned 2.6% over the past year.
Price Volatility
2OD
Industry
5yr Volatility vs Market

Value

 Is On Deck Capital 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 On Deck Capital 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 On Deck Capital.

DB:2OD Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 6 analysts.
= Stable Book Value * Return on Equity
= $4.68 * 10.4%
$0.49
Book Value of Equity per Share Weighted future Book Value estimates from 6 analysts. $4.68
Discount Rate (Cost of Equity) See below 12.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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:2OD
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Diversified Financial Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.72 (1 + (1- 21%) (325.09%))
2.05
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)
= 0.23% + (2 * 5.96%)
12.15%

Discounted Cash Flow Calculation for DB:2OD using Excess Returns Model Model

The calculations below outline how an intrinsic value for On Deck Capital 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:2OD Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (10.4% – 12.15%) * $4.68)
$-0.08
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $-0.08 / (12.15% - 0.23%)
$-0.67
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $4.68 + $-0.67
$4.02
DB:2OD Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:2OD represents 0.8757x of NYSE:ONDK
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.8757x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 4.02 x 0.8757
€3.52
Value per share (EUR) From above. €3.52
Current discount Discount to share price of €3.10
= -1 x (€3.10 - €3.52) / €3.52
11.8%

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

Current Discount
Amount off the current price On Deck Capital is available for.
Intrinsic value
12%
Share price is €3.1 vs Future cash flow value of €3.52
Current Discount Checks
For On Deck Capital to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • On Deck Capital's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • On Deck Capital's share price is below the future cash flow value, but not 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 On Deck Capital's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are On Deck Capital's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:2OD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $0.45
NYSE:ONDK Share Price ** NYSE (2019-10-11) in USD $3.54
Germany Diversified Financial Industry PE Ratio Median Figure of 6 Publicly-Listed Diversified Financial Companies 27.82x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

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

** Primary Listing of On Deck Capital.

DB:2OD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 3.54 ÷ 0.45

7.83x

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

  • On Deck Capital is good value based on earnings compared to the DE Diversified Financial industry average.
  • On Deck Capital is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does On Deck Capital's expected growth come at a high price?
Raw Data
DB:2OD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.83x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
17.5%per year
Europe Diversified Financial Industry PEG Ratio Median Figure of 13 Publicly-Listed Diversified Financial Companies 1.81x
Germany Market PEG Ratio Median Figure of 264 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

DB:2OD PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.83x ÷ 17.5%

0.45x

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

  • On Deck Capital is good value based on expected growth next year.
Price based on value of assets
What value do investors place on On Deck Capital's assets?
Raw Data
DB:2OD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $4.12
NYSE:ONDK Share Price * NYSE (2019-10-11) in USD $3.54
Germany Diversified Financial Industry PB Ratio Median Figure of 9 Publicly-Listed Diversified Financial Companies 3.77x
Germany Market PB Ratio Median Figure of 597 Publicly-Listed Companies 1.74x
DB:2OD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 3.54 ÷ 4.12

0.86x

* Primary Listing of On Deck Capital.

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

  • On Deck Capital is good value based on assets compared to the DE Diversified Financial industry average.
X
Value checks
We assess On Deck Capital'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 Diversified Financial 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 Diversified Financial industry average (and greater than 0)? (1 check)
  5. On Deck Capital has a total score of 4/6, 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.

Future Performance

 How is On Deck Capital expected to perform in the next 1 to 3 years based on estimates from 11 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
17.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is On Deck Capital expected to grow at an attractive rate?
  • On Deck Capital's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • On Deck Capital's earnings growth is expected to exceed the Germany market average.
  • On Deck Capital's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:2OD Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:2OD Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 17.5%
DB:2OD Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 11.6%
Germany Diversified Financial Industry Earnings Growth Rate Market Cap Weighted Average 17.3%
Europe Diversified Financial Industry Revenue Growth Rate Market Cap Weighted Average 0.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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:2OD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:2OD Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 508 29 3
2020-12-31 471 23 11
2019-12-31 443 17 11
2019-10-12
DB:2OD Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 231 282 34
2019-03-31 221 279 35
2018-12-31 203 264 28
2018-09-30 213 244 18
2018-06-30 193 232 5
2018-03-31 171 219 -3
2017-12-31 152 210 -12
2017-09-30 136 194 -52
2017-06-30 144 179 -65
2017-03-31 139 159 -81
2016-12-31 108 134 -83
2016-09-30 163 119 -52

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • On Deck Capital's earnings are expected to grow by 17.5% yearly, however this is not considered high growth (20% yearly).
  • On Deck Capital's revenue is expected to grow by 11.6% 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:2OD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from On Deck Capital Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2OD Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.43 0.50 0.35 2.00
2020-12-31 0.33 0.42 0.27 6.00
2019-12-31 0.20 0.24 0.16 9.00
2019-10-12
DB:2OD Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 0.45
2019-03-31 0.47
2018-12-31 0.37
2018-09-30 0.25
2018-06-30 0.06
2018-03-31 -0.03
2017-12-31 -0.16
2017-09-30 -0.73
2017-06-30 -0.91
2017-03-31 -1.14
2016-12-31 -1.17
2016-09-30 -0.73

*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.
  • On Deck Capital is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess On Deck Capital'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 Germany 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.
On Deck Capital has a total score of 3/6, 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.

Past Performance

  How has On Deck Capital 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 On Deck Capital's growth in the last year to its industry (Diversified Financial).
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.
  • On Deck Capital has delivered over 20% year on year earnings growth in the past 5 years.
  • On Deck Capital's 1-year earnings growth exceeds its 5-year average (641.8% vs 31.9%)
  • On Deck Capital's earnings growth has exceeded the Europe Diversified Financial industry average in the past year (641.8% vs 3.5%).
Earnings and Revenue History
On Deck Capital'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 On Deck Capital Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:2OD Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 231.02 34.07 160.12
2019-03-31 221.48 35.40 154.95
2018-12-31 202.76 27.68 150.58
2018-09-30 212.56 18.44 150.09
2018-06-30 193.11 4.59 145.81
2018-03-31 171.26 -2.53 145.28
2017-12-31 151.83 -11.53 148.09
2017-09-30 135.72 -52.49 160.90
2017-06-30 143.67 -65.05 172.02
2017-03-31 138.88 -81.44 174.96
2016-12-31 108.49 -82.96 174.26
2016-09-30 162.55 -51.75 170.62
2016-06-30 172.97 -31.38 165.51
2016-03-31 183.49 -8.50 158.03
2015-12-31 179.60 -1.27 148.53
2015-09-30 162.00 -3.98 130.29
2015-06-30 137.01 -10.98 110.30
2015-03-31 111.66 -20.61 90.46
2014-12-31 90.23 -31.59 72.28
2014-09-30 72.98 -31.91 57.33
2014-06-30 58.87 -35.75 48.62
2014-03-31 42.86 -42.25 41.98
2013-12-31 37.40 -37.08 38.02
2012-12-31 13.09 -20.28 18.57

*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.
  • On Deck Capital has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • On Deck Capital used its assets less efficiently than the DE Diversified Financial industry average last year based on Return on Assets.
  • Unable to establish if On Deck Capital improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess On Deck Capital'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 Diversified Financial 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.
On Deck Capital has a total score of 3/6, 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.

Health

 How is On Deck Capital'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 On Deck Capital's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • On Deck Capital is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • On Deck Capital's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of On Deck Capital'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 1.4x 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 On Deck Capital Company Filings, last reported 3 months ago.

DB:2OD Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 332.96 841.60 58.79
2019-03-31 313.59 842.31 60.45
2018-12-31 304.29 816.23 61.11
2018-09-30 290.22 812.43 71.30
2018-06-30 277.69 755.72 74.26
2018-03-31 267.47 737.99 70.42
2017-12-31 266.06 692.25 71.36
2017-09-30 259.10 720.18 64.29
2017-06-30 259.80 744.07 77.94
2017-03-31 260.68 816.01 73.00
2016-12-31 263.60 754.61 79.55
2016-09-30 295.78 664.45 85.95
2016-06-30 307.73 556.62 78.06
2016-03-31 322.74 468.33 136.84
2015-12-31 329.42 378.59 159.82
2015-09-30 329.48 351.19 165.71
2015-06-30 320.85 368.38 179.69
2015-03-31 306.87 398.39 168.20
2014-12-31 310.61 399.93 220.43
2014-09-30 100.73 350.20 22.64
2014-06-30 95.83 265.31 18.98
2014-03-31 23.31 203.30 4.67
2013-12-31 23.31 203.30 4.67
2012-12-31 -3.23 104.30 7.39
  • On Deck Capital's level of debt (252.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (277.7% vs 252.8% today).
  • Debt is well covered by operating cash flow (33.5%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on On Deck Capital's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess On Deck Capital'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. On Deck Capital has a total score of 4/6, 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.

Dividends

 What is On Deck Capital'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 On Deck Capital dividends. Estimated to be 0% next year.
If you bought €2,000 of On Deck Capital 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 On Deck Capital's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate On Deck Capital'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:2OD 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 11 Analyst Estimates (S&P Global) See Below
Europe Diversified Financial Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

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

DB:2OD Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 2.00
2020-12-31 0.00 2.00
2019-12-31 0.00 2.00
2019-10-12

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

  • Unable to perform a dividend volatility check as On Deck Capital has not reported any payouts.
  • Unable to verify if On Deck Capital's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of On Deck Capital's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as On Deck Capital has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of On Deck Capital's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess On Deck Capital's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 On Deck Capital afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. On Deck Capital 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.

Management

 What is the CEO of On Deck Capital'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
Noah Breslow
COMPENSATION $2,557,612
AGE 44
TENURE AS CEO 7.3 years
CEO Bio

Mr. Noah Breslow has been the Chairman and Chief Executive Officer of On Deck Capital, Inc. since June 2012. Mr. Breslow served as the Chief Product Officer of OnDeck Capital Inc. from October 2009 until September 2011 and Chief Operating Officer since October 2011 until June 2012. He served as the Senior Vice President of Products & Technology at OnDeck Capital Inc. since March 2008 until September 2009. Mr. Breslow served as Vice President of Product & Operations of OnDeck Capital Inc. since June 2007 until February 2008. Mr. Breslow served as Vice President of Marketing & Product Management of Tacit Networks, Inc. He has significant experience in marketing, operations and engineering in emerging technology companies. Prior to Tacit, Mr. Breslow worked in business development and finance at Kirusa, a startup supplier of software infrastructure to mobile operators. He served as Vice President of Engineering at Kokua Communications, where he led a team of engineers in the design and deployment of broadband Internet service across Western Europe using an advanced geostationary satellite infrastructure. Mr. Breslow serves as a Director at On Deck Capital, Inc. Before this, Mr. Breslow held systems design and software engineering positions at Teledesic and Netscape. Mr. Breslow holds an MBA with Distinction from Harvard Business School, a B.S. in Computer Science and Engineering from MIT and a U.S. patent in the area of network protocol optimization.

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

Average tenure and age of the On Deck Capital management team in years:

1.8
Average Tenure
48
Average Age
  • The average tenure for the On Deck Capital management team is less than 2 years, this suggests a new team.
Management Team

Noah Breslow

TITLE
Chairman & CEO
COMPENSATION
$3M
AGE
44
TENURE
7.3 yrs

Ken Brause

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
54
TENURE
1.6 yrs

Nick Brown

TITLE
Chief Risk Officer
COMPENSATION
$1M
AGE
47
TENURE
2.9 yrs

Cory Kampfer

TITLE
COO & General Counsel
COMPENSATION
$735K
AGE
42
TENURE
1.7 yrs

Nicholas Sinigaglia

TITLE
Chief Accounting Officer
AGE
49
TENURE
4.8 yrs

David Miller

TITLE
Senior Vice President of Technology
TENURE
1.8 yrs

Steve Klimas

TITLE
Head of Investor Relations
TENURE
1.3 yrs

Deb Stroff

TITLE
Chief People Officer
TENURE
0.4 yrs

Andrea Gellert

TITLE
Chief Revenue Officer
COMPENSATION
$742K
AGE
50
TENURE
2.4 yrs

Rob Young

TITLE
President of International
Board of Directors Tenure

Average tenure and age of the On Deck Capital board of directors in years:

4.5
Average Tenure
56.5
Average Age
  • The tenure for the On Deck Capital board of directors is about average.
Board of Directors

Noah Breslow

TITLE
Chairman & CEO
COMPENSATION
$3M
AGE
44
TENURE
7.3 yrs

Neil Wolfson

TITLE
Independent Director
COMPENSATION
$212K
AGE
55
TENURE
8.5 yrs

Ron Verni

TITLE
Independent Director
COMPENSATION
$201K
AGE
71
TENURE
7.4 yrs

Jane Thompson

TITLE
Independent Director
COMPENSATION
$203K
AGE
67
TENURE
5.2 yrs

Dan Henson

TITLE
Lead Independent Director
COMPENSATION
$203K
AGE
58
TENURE
0.8 yrs

Bruce Nolop

TITLE
Independent Director
COMPENSATION
$203K
AGE
68
TENURE
3.8 yrs

Chandra Dhandapani

TITLE
Independent Director
COMPENSATION
$336K
AGE
51
TENURE
0.9 yrs

Manolo Sánchez Rodriguez

TITLE
Independent Director
COMPENSATION
$337K
AGE
53
TENURE
0.9 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 (€)
19. Mar 19 Sell Nicholas Sinigaglia Individual 18. Mar 19 18. Mar 19 -2,800 €5.02 €-14,049
20. Feb 19 Buy Daniel Henson Individual 19. Feb 19 19. Feb 19 7,000 €5.31 €37,188
20. Feb 19 Buy Noah Breslow Individual 19. Feb 19 19. Feb 19 8,000 €5.23 €41,855
20. Feb 19 Buy Ronald Verni Individual 19. Feb 19 19. Feb 19 6,000 €5.20 €31,188
15. Nov 18 Sell Sapphire Ventures LLC Company 13. Nov 18 14. Nov 18 -105,825 €7.34 €-776,317
X
Management checks
We assess On Deck Capital'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. On Deck Capital 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.

News

Simply Wall St News

Company Info

Description

On Deck Capital, Inc. operates an online platform for small business lending in the United States, Canada, and Australia. It offers term loans and lines of credit. The company also provides technology and services platform that facilitates online lending to small business customers for banks. It distributes its products through direct marketing channel, strategic partners, and funding advisors. The company was founded in 2006 and is headquartered in New York, New York.

Details
Name: On Deck Capital, Inc.
2OD
Exchange: DB
Founded: 2006
$244,446,753
76,301,387
Website: http://www.ondeck.com
Address: On Deck Capital, Inc.
1400 Broadway,
25th Floor,
New York,
New York, 10018,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE ONDK Common Stock New York Stock Exchange US USD 17. Dec 2014
DB 2OD Common Stock Deutsche Boerse AG DE EUR 17. Dec 2014
Number of employees
Current staff
Staff numbers
726
On Deck Capital employees.
Industry
Specialized Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/12 22:39
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/10/02
Last earnings filing: 2019/08/07
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.