Enova International Inc (ENVA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Enova International Inc stock $345, price $172, upside +100.0%, quality 67 out of 100. Rating: strongly undervalued. Calculated from audited financials with 11 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range $26.63 – $265.45 · fair‑value band $189.41 – $600.80 · the $172.48 price screens below the $344.96 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Enova International, Inc., a technology and analytics company, provides online financial services in the United States, Brazil, and internationally.
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The company offers consumer and small business installment loans; consumer and small business line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.
It also provides money transfer services. The company markets its financing products under the CashNetUSA, NetCredit, OnDeck, Headway Capital, Simplic, and Pangea brands. Enova International, Inc. was founded in 2003 and is headquartered in Chicago, Illinois.
Stock analysis
Enova International Inc (ENVA) currently trades at $172.48, while our model-based Fair Value estimate is $344.96, implying the stock looks roughly 50% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $1,045 per share, and 7 of the 11 models we run sit above the $172.48 price.
Bear case: the Economic Profit group reads lowest at $100.66, and 4 of the 11 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $189.41 (bear) to $600.80 (bull), the price of $172.48 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 67/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Enova International Inc reported revenue of $3.2B in FY2025 versus $1.2B in FY2021, a compound +27.1%/yr. Reported net income was $308M in FY2025, compounding +4.7%/yr from FY2021.
Key figures
Market cap $4.5B Mid · P/E ratio 11.9 · P/S ratio 2.48 · EPS (TTM) $14.48 · Net margin 20.9% · Return on equity 26.8% · Return on assets (EBIT) 11.4% (5-year average) · Operating margin 28.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 77 out of 100 (low confidence).
What moves the price
The share trades about 35% below its 52-week high and 44% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −3% fair-value upside, at 100%, ENVA screens cheaper than that median.
Fair Value models
Bear$189.41Fair Value $344.96Bull$600.80
Price $172.48 · Upside +100.0%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($12.38 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 7 officers or directors sold shares worth $43.2M and none bought.
SaleSean RahillyGeneral Counsel and Secretary2× since Jan 30, 2026: 22,879 shares, avg. $172.58$3.9MOct 29, 2026
SaleDavid FisherExecutive Chairman, Director12× since Nov 21, 2025: 229,997 shares, avg. $184.85$42.5MOct 28, 2026
SaleKirk ChartierChief Strategy Officer27,977 shares at $171.51$4.8MOct 27, 2026
SaleSteven E CunninghamChief Executive Officer, Director3× since Jan 30, 2026: 26,173 shares, avg. $172.27$4.5MOct 27, 2026
SaleMark TebbeDirector2× since Feb 2, 2026: 40,000 shares, avg. $186.81$7.5MJun 18, 2026
SaleWilliam M GoodyearDirector3× since May 18, 2026: 15,714 shares, avg. $169.84$2.7MJun 16, 2026
SaleLinda Johnson RiceDirector1,300 shares at $161.20$209,560May 29, 2026
SaleJames A GrayDirector10,000 shares at $172.22$1.7MFeb 2, 2026
Plus 20 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+18.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+22.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+23.8%
Start year 2020 (pandemic). Over 10 years: +17.1% a year
Revenue growth 16 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.0%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
+10.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+10.5%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.11.5% vs 24.3%, slowing
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−14.0%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+17.7%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −16.0% a year for the price and +15.0% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (100 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Enova's strength is its analytics-driven model for non-prime credit that now enables near-instant AI loan decisions, while its main weakness is the thin evidence of any durable competitive signals.
Main risk: Faster loan decisions could test credit discipline in the non-prime segment more than they lift volumes, potentially raising defaults and credit losses.
Enova's OnDeck arm just rolled out AI and machine learning tools that cut small-business loan decisions to under a minute with mostly stipulation-free offers. This fits the company's analytics-driven model for non-prime credit but follows the September withdrawal of its bank acquisition plans. Will the speed mainly lift application volumes or test credit discipline more than before?
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Credit Services · 283 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score67 · Top 25%
Fair Value upside+100.0% · Top 25%
Profitability
Return on equity (12 months)26.8% · Top 25%
Return on assets4.8% · Above median
Net margin (12 months)20.9% · Below median
Operating margin (12 months)28.4% · Below median
Growth and dividend
Revenue growth (quarter YoY)36.7% · Top 25%
Balance sheet
Debt / equity3.30× · Highest 25%
Valuation Multiplesvs Credit Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Enova International Inc Fair Value". https://www.fairvalue-calculator.com/stock/ENVA
Frequently asked questions
Is Enova International Inc (ENVA) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $344.96 versus a price of $172.48, about +100% upside (undervalued).
What is the fair value of ENVA?
Our model-based fair value for Enova International Inc is $344.96 (as of Nov 8, 2026), built from audited fundamentals. The current price: $172.48.
What is the quality score of ENVA?
Enova International Inc has a Quality Score of 67/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Enova International Inc (ENVA)?
Our model-based price target is the fair value of $344.96 (as of Nov 8, 2026) from 11 valuation models. Cautious scenario $189.41, optimistic scenario $600.80. It is a calculation from audited fundamentals, not an analyst target.
What is the Enova International Inc stock forecast for 2026?
Our models put fair value at $344.96, about +100% upside versus a price of $172.48 (undervalued). Cautious scenario $189.41, optimistic scenario $600.80. The calculation is refreshed regularly with new filings.
What is the revenue of Enova International Inc (ENVA)?
Enova International Inc reported trailing-twelve-month revenue of about $1.8B (latest available figure, as of Nov 8, 2026).
What growth is priced into Enova International Inc (ENVA)?
For today's price to be fair in a discounted-cash-flow model, Enova International Inc would have to grow free cash flow by -14.0 % per year for five years (discount rate 10.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +23.8 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of ENVA use?
Our models discount Enova International Inc at 10.4 %: a base by market capitalisation (mid), damped by beta 1.28, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Enova International Inc that is -14.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.4 %) and the same formula as our fair value.
How much growth has Enova International Inc (ENVA) delivered so far?
Over the past 5 years revenue at Enova International Inc grew +23.8 % a year. The price currently implies free-cash-flow growth of -14.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Enova International Inc (ENVA) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Enova International Inc (-14.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Enova International Inc (ENVA)?
The free-cash-flow yield on the price is 39.00 %: that much free cash flow Enova International Inc produces per unit of market value. When it exceeds the discount rate of our models (10.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Enova International Inc (ENVA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Enova International Inc it is $344.96 per share (as of Nov 8, 2026), against a price of $172.48. It is the blended result of 11 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Enova International Inc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, ENVA trades below its calculated fair value: price $172.48, fair value $344.96, a gap of about +100% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ENVA?
No. The price is what the market pays today ($172.48); the fair value is what the company's own numbers justify ($344.96). For Enova International Inc the two are $172.48 per share apart. That gap is exactly why we show both numbers side by side.
How much is Enova International Inc worth?
The market values Enova International Inc at about $4.5B (market capitalisation, as of Nov 8, 2026). Per share that is $172.48; our models calculate a fair value of $344.96 per share.
What do the bullish and bearish scenarios say about ENVA?
Our models span a range for Enova International Inc: cautious scenario $189.41, base $344.96, optimistic $600.80 per share (as of Nov 8, 2026, price $172.48). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ENVA?
Enova International Inc trades at a price-to-earnings ratio of 11.9 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $344.96 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, 5 of the years ex one-offs: 9.5. Other multiples: P/B 3.4, P/S 2.5, EV/EBITDA 16.8.
How solid is the balance sheet of Enova International Inc (ENVA)?
Balance-sheet figures for Enova International Inc (as of Nov 8, 2026): return on equity 26.8%, debt of 3.30 per unit of equity. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is ENVA from its 52-week high?
Enova International Inc trades at $172.48, about 35% below its 52-week high of $265.45 and 44% above the low of $119.49 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $344.96 is for.
Which stocks are comparable to Enova International Inc?
From the same area (Financial Services) we also value Visa Inc, Mastercard Incorporated, American Express Company, Capital One Financial Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Enova International Inc stock attractive at the current price?
The data as of Nov 8, 2026: price $172.48, calculated fair value $344.96 (+100%), Quality Score 67/100, from 11 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ENVA calculated?
We run Enova International Inc through 11 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of $344.96 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Enova International Inc currently trades 50% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Enova International Inc (ENVA)?
The closing price on Nov 6, 2026 was $172.48. Our model-based fair value is $344.96, about +100% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Enova International Inc right now?
The price is below even our cautious bear case ($189.41). The market is more pessimistic than our downside scenario. The model range is unusually wide ($189.41 to $600.80). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Enova International Inc (ENVA) come from?
Earnings per share at Enova International Inc grew +17.3 % a year from 2014 to 2025. Broken into its drivers: revenue per share +17.1 %, EBIT margin +0.6 %, tax rate +2.4 %, residual (interest, one-offs) −2.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Enova International Inc
How large is the market capitalisation of Enova International Inc (ENVA)?
The market capitalisation of Enova International Inc is $4.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Enova International Inc (ENVA)?
The price-to-sales ratio of Enova International Inc is 2.48 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Enova International Inc (ENVA)?
Earnings per share at Enova International Inc are $14.48 (price ÷ EPS = P/E 11.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Enova International Inc (ENVA)?
The net margin of Enova International Inc is 20.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Enova International Inc (ENVA)?
The return on equity (ROE) of Enova International Inc is 26.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Enova International Inc (ENVA)?
On an EBIT basis the return on assets of Enova International Inc is 11.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Enova International Inc (ENVA)?
The operating margin of Enova International Inc is 28.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Enova International Inc (ENVA)?
Revenue at Enova International Inc is growing +36.7% versus a year earlier (3y avg +22.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Enova International Inc (ENVA)?
Earnings per share at Enova International Inc are growing +34.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Enova International Inc (ENVA) carry?
The net debt of Enova International Inc is $4.5B (fiscal year 2025, ≈ 2.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 8, 2026