EN DE

goeasy Ltd (GSY) Fair Value & Analysis

Financial Services · CA · Market cap C$758M

GL goeasy Ltd GSY · TO
PriceC$46.07
Fair ValueC$68.57
Upside+48.8%
Quality41/100
Watch goeasy Ltd for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Loss-making · -71.8% net margin
High debt · negative free cash flow
9.73% dividend yield
Mixed vs. peers (5/12)
Narrow moat 12/100
Evidence: Medium Range C$39.75 – C$91.05 Share as image

Fair value as of: Jul 13, 2026

From 3 valuation models · updated 30 days ago

Fair value updated Jul 13, 2026, revised from C$68.12 to C$68.57 (+0.7%) since Jun 26, 2026. Share price −2.5% over the past month.

Below-average quality, screening 49% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (41/100). That raises the risk this is a value trap rather than a bargain.
  • A fairly wide model range (C$39.75 to C$91.05) leaves room in how you read the outcome.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

C$210.62 C$28.50 Fair Value C$68.57 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range C$28.50 – C$210.62 · fair‑value band C$39.75 – C$91.05 · the C$46.07 price screens below the C$68.57 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

goeasy Ltd (GSY) currently trades at C$46.07, while our model-based Fair Value estimate is C$68.57, implying the stock looks roughly 48.8% undervalued today. The Quality Score stands at 41/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium), always confirm before acting.

Over the trailing twelve months, goeasy Ltd generated revenue of C$376M at a net margin of -71.8%. Revenue declined 67.4% year over year. It earns a return on equity of -27.7%. Net debt stands at C$4.5B. Fundamentals as of Jul 13, 2026

Our scenario range runs from C$39.75 (bear case) to C$91.05 (bull case); at C$46.07, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 78% below its 52-week high and 67% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -41% fair-value upside, at 49%, GSY screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Gordon GGM C$42.32 C$76.26 C$104.98 70
DDM Multi-Stage C$42.32 C$69.66 C$81.46 61
NCAV (Graham) C$26.52 C$35.54 C$53.04 50
All 3 models by family
Dividend Discount
Gordon GGM C$42.32 C$76.26 C$104.98 70
DDM Multi-Stage C$42.32 C$69.66 C$81.46 61
Asset-Based
NCAV (Graham) C$26.52 C$35.54 C$53.04 50

Widest divergence: Dividend Discount (C$69.66) versus Asset-Based (C$35.54). Highest evidence: Gordon GGM (70).

Notify me when GSY reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) C$376M
Revenue growth (YoY) -67.4%
Net margin -71.8%
Return on equity -27.7%
Free cash flow −C$877M FY2025
Operating margin -78.4%
More key figures
EPS (TTM) C$-16.30
Dividend yield 9.7%
EPS growth (YoY) -59.4%
Net debt C$4.5B FY2025

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 36 · Market factors (momentum, volatility) 22

Profitability 12
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 6
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 19
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 93
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. It operates through two segments, Easyfinancial and Easyhome.

Full company description

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. It operates through two segments, Easyfinancial and Easyhome. The company offers unsecured and secured installment loans; home equity and improvement, secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services. It also leases household furniture, appliances, electronics, and unsecured lending products to retail consumers. The company was formerly known as easyhome Ltd. and changed its name to goeasy Ltd. in September 2015. goeasy Ltd. was incorporated in 1990 and is headquartered in Mississauga, Canada.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

goeasy Ltd reported revenue of C$1.7B in FY2025 versus C$827M in FY2021, a compound +19.7%/yr. Reported net income was −C$178M in FY2025.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
C$1.7B
Latest YoY
+11.4%
Avg. growth/yr (3Y) 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.
+18.5%
Avg. growth/yr (5Y) 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.
+21.0%
Avg. growth/yr (31Y) 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.
+20.6%
Revenue +19.7%/yr
FY21 C$827M
FY22 C$1.0B
FY23 C$1.3B
FY24 C$1.5B
FY25 C$1.7B
Net income
FY21 C$245M
FY22 C$140M
FY23 C$248M
FY24 C$283M
FY25 −C$178M
Character of growth · EPS growth decomposed (2014-2025) +28.9 % p.a.
Revenue per share +16.6 pp

of which total revenue +19.6 pp · buybacks/dilution −2.9 pp

EBIT margin +11.2 pp
Tax rate −0.2 pp
Residual (interest, one-offs) +1.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch GSY: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "goeasy Ltd Fair Value". https://www.fairvalue-calculator.com/stock/GSY

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Credit Services · 334 stocks

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.

Quality Score 37 · Bottom 25%
Fair Value upside +49% · Above median
Return on assets -5% · Bottom 25%
Net margin (TTM) -72% · Bottom 25%
Operating margin (TTM) -78% · Bottom 25%
Revenue growth -67% · Bottom 25%
Dividend yield (TTM) 9.7% · Top 25%
Debt / equity 5.37× · Higher than 75% of peers

Valuation Multiples vs Credit Services median · lower = cheaper

P/B 0.64× · Cheaper than median
P/S (TTM) 1.44× · Cheaper than median
EV/EBITDA 4.9× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 98 · sector 39
FUTURE 0 · sector 39
PAST 0 · sector 32
HEALTH 0 · sector 59
DIVIDEND 100 · sector 49

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Credit Services stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Visa Inc V $348.97 $204.19 -41%
Mastercard Incorporated MA $537.70 $221.87 -59%
American Express Company AXP $358.44 $206.40 -42%
Bajaj Finance Limited BAJFINANCE ₹1,056 ₹397.61 -62%
Shriram Finance Limited SHRIRAMFIN ₹1,024 ₹553.83 -46%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,808 ₹796.52 -56%
Tata Capital Limited TATACAP ₹360.60 ₹229.85 -36%
Power Finance Corporation PFC ₹405.10 ₹810.20 +100%
Muthoot Finance Limited MUTHOOTFIN ₹3,129 ₹3,463 +11%
Indian Railway Finance Corporation IRFC ₹88.41 ₹69.72 -21%

Compare goeasy Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is goeasy Ltd (GSY) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of C$68.57 versus a price of C$46.07, about +49% (undervalued).
What is the fair value of GSY?
Our model-based fair value for goeasy Ltd is C$68.57 (as of Jul 13, 2026), built from audited fundamentals. The current price is C$46.07.
What is the quality score of GSY?
goeasy Ltd has a Quality Score of 41/100. 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 revenue of goeasy Ltd (GSY)?
goeasy Ltd reported trailing-twelve-month revenue of about C$376M (latest available figure, as of Jul 13, 2026).
What is the net profit margin of GSY?
The net profit margin of goeasy Ltd is about -71.8%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does goeasy Ltd pay a dividend?
goeasy Ltd currently shows a dividend yield of about 10.92% relative to its recent price (as of Jul 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track goeasy Ltd and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.