Remitly Global Inc (RELY) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Remitly Global Inc stock $18.75, price $22.32, that is 16.0% below the price, quality 64 out of 100. Rating: overvalued. 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 5, 2026.
How to read this chart
60‑month range $6.88 – $48.45 · fair‑value band $9.99 – $34.82 · the $22.32 price screens above the $18.75 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 3 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 5, 2026.
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Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website.
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Remitly Global, Inc. was incorporated in 2011 and is headquartered in Seattle, Washington.
Stock analysis
Remitly Global Inc (RELY) currently trades at $22.32, while our model-based Fair Value estimate is $18.75, 16% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $29.08 per share, and 2 of the 11 models we run sit above the $22.32 price.
Bear case: the Asset-Based group reads lowest at $3.43, and 9 of the 11 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $9.99 (bear) to $34.82 (bull), the price of $22.32 sits inside 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 64/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Remitly Global Inc reported revenue of $1.6B in FY2025 versus $459M in FY2021, a compound +37.4%/yr. Reported net income was $67.9M in FY2025.
Key figures
Market cap $5.7B Mid · P/E ratio 16.2 · P/S ratio 3.17 · EPS (TTM) $1.38 · Net margin 16.9% · Return on equity 32.3% · Return on assets (EBIT) −6.6% (5-year average) · Operating margin 14.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 66 out of 100 (low confidence).
What moves the price
The share trades about 18% below its 52-week high and 83% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −11% fair-value upside, at −16%, RELY screens richer than that median.
Fair Value models
Bear$9.99Fair Value $18.75Bull$34.82
Price $22.32 · Downside -16.0%
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 ($1.18 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 $36.0M and none bought.
SaleJoshua HugDirector17× since Dec 1, 2025: 1,051,992 shares, avg. $23.37$24.6MNov 6, 202610b5-1 plan
SaleNigel W MorrisDirector6× since May 13, 2026: 89,810 shares, avg. $26.11$2.3MSep 2, 2026
SalePankaj SharmaChief Business Officer9× since Nov 12, 2025: 82,000 shares, avg. $21.33$1.7MAug 28, 202610b5-1 plan
SaleVikas D MehtaChief Financial Officer3× since Mar 3, 2026: 75,000 shares, avg. $21.57$1.6MAug 25, 202610b5-1 plan
SalePhillip John RieseDirector3× since Apr 17, 2026: 370,000 shares, avg. $23.82$8.8MAug 12, 2026
SaleAnkur SinhaChief Product and Tech Officer3× since Mar 11, 2026: 67,337 shares, avg. $22.22$1.5MMay 26, 2026
SaleBora ChungDirector12,000 shares at $21.42$257,040May 20, 2026
SaleSaema SomalyaCLCAO3× since Mar 4, 2026: 83,727 shares, avg. $18.46$1.5MApr 27, 202610b5-1 plan
SaleRyno BlignautDirector4× since Nov 26, 2025: 18,000 shares, avg. $13.99$251,820Mar 16, 202610b5-1 plan
SaleN.V. ProsusWill cease to be 10% holder12,000,000 shares at $15.98$191.8MMar 12, 2026
Plus 19 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.92/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+29.4%
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.
+35.8%
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.
+44.8%
Start year 2020 (pandemic). Over 10 years: +3.6% a year
Revenue growth 23 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.
+11.2%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−11.4% (2020) → 5.0% (2025)
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).
+0.6%
Yearly growth needed for the next five years to justify today's price.
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.
+17.2%
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 −1.8% a year for the price and +14.5% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (98 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.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Remitly's main strength lies in broadening its remittances platform through the Global Card and new corridors that could create additional revenue streams, while its main weak point remains thin evidence of any durable advantage amid higher execution demands.
Main risk: Failure to maintain or obtain money transmission licenses in numerous US states and foreign jurisdictions could force changes to business practices or halt operations in key corridors.
Bull case: Remitly could leverage its AI-driven pricing and fraud tools plus new card and business offerings to deepen customer relationships and defend margins against rivals while navigating licenses through scale.
Bear case: If license issues multiply or Wise and stablecoin alternatives capture more volume, Remitly might face restricted corridors, higher compliance costs and slower growth in its core transfer business.
Remitly is broadening its reach from core remittances to serve high-value senders, businesses and receivers through new offerings like the Global Card and expanded corridors. This diversification could add meaningful revenue streams beyond traditional transfers, yet it also brings higher execution demands around fraud controls and regulatory compliance. Will the new segments compound faster than the core business or create added complexity that slows overall progress?
Price, fair value, quality and upside side by side.
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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.Software - Infrastructure · 345 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score64 · Above median
Fair Value upside−16.0% · Below median
Profitability
Return on equity (12 months)32.3% · Top 25%
Return on assets4.7% · Above median
Net margin (12 months)16.9% · Top 25%
Operating margin (12 months)14.3% · Above median
Growth and dividend
Revenue growth (quarter YoY)20.2% · Above median
Balance sheet
Debt / equity0.18× · Above median
Valuation Multiplesvs Software - Infrastructure median · lower = cheaper
P/E (12 months)16.2× · Cheaper than median
P/B6.60× · Priciest 25%
P/S (12 months)3.17× · Pricier than median
Price / free cash flow (fiscal year)19.4× · Pricier than median
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). "Remitly Global Inc Fair Value". https://www.fairvalue-calculator.com/stock/RELY
Frequently asked questions
Is Remitly Global Inc (RELY) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of $18.75 versus a price of $22.32, about 16% lower (overvalued).
What is the fair value of RELY?
Our model-based fair value for Remitly Global Inc is $18.75 (as of Nov 5, 2026), built from audited fundamentals. The current price: $22.32.
What is the quality score of RELY?
Remitly Global Inc has a Quality Score of 64/100. 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 Remitly Global Inc (RELY)?
Our model-based price target is the fair value of $18.75 (as of Nov 5, 2026) from 11 valuation models. Cautious scenario $9.99, optimistic scenario $34.82. It is a calculation from audited fundamentals, not an analyst target.
What is the Remitly Global Inc stock forecast for 2026?
Our models put fair value at $18.75, about 16% lower versus a price of $22.32 (overvalued). Cautious scenario $9.99, optimistic scenario $34.82. The calculation is refreshed regularly with new filings.
What is the revenue of Remitly Global Inc (RELY)?
Remitly Global Inc reported trailing-twelve-month revenue of about $1.8B (latest available figure, as of Nov 5, 2026).
What growth is priced into Remitly Global Inc (RELY)?
For today's price to be fair in a discounted-cash-flow model, Remitly Global Inc would have to grow free cash flow by +0.6 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +44.8 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of RELY use?
Our models discount Remitly Global Inc at 8.5 %: a base by market capitalisation (mid), damped by beta 0.43, 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 Remitly Global Inc that is +0.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has Remitly Global Inc (RELY) delivered so far?
Over the past 5 years revenue at Remitly Global Inc grew +44.8 % a year. The price currently implies free-cash-flow growth of +0.6 % 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 Remitly Global Inc (RELY) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Remitly Global Inc (+0.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Remitly Global Inc (RELY)?
The free-cash-flow yield on the price is 5.99 %: that much free cash flow Remitly Global Inc produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Remitly Global Inc (RELY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Remitly Global Inc it is $18.75 per share (as of Nov 5, 2026), against a price of $22.32. It is the blended result of 11 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Remitly Global Inc stock overvalued or undervalued in 2026?
As of Nov 5, 2026, RELY trades above its calculated fair value: price $22.32, fair value $18.75, a gap of about −16% (overvalued). 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 RELY?
No. The price is what the market pays today ($22.32); the fair value is what the company's own numbers justify ($18.75). For Remitly Global Inc the two are $3.57 per share apart. That gap is exactly why we show both numbers side by side.
How much is Remitly Global Inc worth?
The market values Remitly Global Inc at about $5.7B (market capitalisation, as of Nov 5, 2026). Per share that is $22.32; our models calculate a fair value of $18.75 per share.
What do the bullish and bearish scenarios say about RELY?
Our models span a range for Remitly Global Inc: cautious scenario $9.99, base $18.75, optimistic $34.82 per share (as of Nov 5, 2026, price $22.32). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of RELY?
Remitly Global Inc trades at a price-to-earnings ratio of 16.2 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $18.75 is built from several models across several years. Other multiples: P/B 6.6, P/S 3.2, EV/EBITDA 26.8.
How solid is the balance sheet of Remitly Global Inc (RELY)?
Balance-sheet figures for Remitly Global Inc (as of Nov 5, 2026): return on equity 32.3%, debt of 0.18 per unit of equity. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is RELY from its 52-week high?
Remitly Global Inc trades at $22.32, about 18% below its 52-week high of $27.08 and 83% above the low of $12.20 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $18.75 is for.
Which stocks are comparable to Remitly Global Inc?
From the same area (Technology) we also value Microsoft Corporation, Oracle Corporation, Palantir Technologies Inc, Palo Alto Networks, Inc, 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 Remitly Global Inc stock attractive at the current price?
The data as of Nov 5, 2026: price $22.32, calculated fair value $18.75 (−16%), Quality Score 64/100, 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 RELY calculated?
We run Remitly Global 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 $18.75 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 13.0% above its aggregate fair value. Remitly Global Inc itself currently trades above fair value. 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 Remitly Global Inc (RELY)?
The closing price on Nov 6, 2026 was $22.32. Our model-based fair value is $18.75, about 16% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Remitly Global Inc right now?
The model range is unusually wide ($9.99 to $34.82). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Remitly Global Inc
How large is the market capitalisation of Remitly Global Inc (RELY)?
The market capitalisation of Remitly Global Inc is $5.7B. 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 Remitly Global Inc (RELY)?
The price-to-sales ratio of Remitly Global Inc is 3.17 (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 Remitly Global Inc (RELY)?
Earnings per share at Remitly Global Inc are $1.38 (price ÷ EPS = P/E 16.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Remitly Global Inc (RELY)?
The net margin of Remitly Global Inc is 16.9% (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 Remitly Global Inc (RELY)?
The return on equity (ROE) of Remitly Global Inc is 32.3% (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 Remitly Global Inc (RELY)?
On an EBIT basis the return on assets of Remitly Global Inc is −6.6% (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 Remitly Global Inc (RELY)?
The operating margin of Remitly Global Inc is 14.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Remitly Global Inc (RELY)?
Revenue at Remitly Global Inc is growing +20.2% versus a year earlier (3y avg +35.8%). 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 Remitly Global Inc (RELY)?
Earnings per share at Remitly Global Inc are growing +30.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Remitly Global Inc (RELY) hold?
Remitly Global Inc holds more cash than debt, $322M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Some data
Nov 5, 2026