(EZPW) EZCORP - Overview
Sector: Financial Services | Industry: Credit Services | Exchange: NASDAQ (USA) | Market Cap: 2.079m USD | Total Return: 152.7% in 12m
Avg Turnover: 21.7M
EPS Trend: 97.8%
Qual. Beats: 6
Rev. Trend: 97.1%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
Rs(ibd) Leader, Idiosyncratic Leader, Pead, Tailwind, Confidence
EZCORP Inc. (EZPW) is a consumer finance organization specializing in pawn services across the United States, Mexico, and Latin America. The business model generates revenue through two primary streams: high-yield pawn loans collateralized by personal property and the retail sale of forfeited or purchased pre-owned merchandise. The company operates under multiple regional brands, including EZPAWN and Empeño Fácil, and utilizes its proprietary EZ+ digital platform to manage customer transactions and loyalty programs.
The pawn industry serves as a critical source of liquidity for non-recourse borrowers, typically operating counter-cyclically to broader economic trends as demand for alternative credit often rises during periods of restricted traditional lending. For those interested in deeper fundamental analysis, ValueRay provides additional tools to evaluate this companys valuation.
Headquartered in Austin, Texas, EZCORP maintains a diversified geographic footprint across the Americas, mitigating regional economic volatility through its Latin America Pawn and U.S. Pawn segments. The company’s inventory consists largely of jewelry, electronics, and tools, which are liquidated through its brick-and-mortar retail network.
- Pawn loan growth driven by rising demand for short-term alternative credit
- Merchandise sales margins fluctuate based on inventory turnover and consumer demand
- Expansion of Latin American footprint increases geographic revenue diversification and risk
- Interest rate volatility impacts borrowing costs and net interest margin performance
- Regulatory changes in U.S. and Mexican markets affect lending fee structures
| Net Income: 146.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.39 > 1.0 |
| NWC/Revenue: 58.26% < 20% (prev 66.77%; Δ -8.51% < -1%) |
| CFO/TA 0.08 > 3% & CFO 173.7m > Net Income 146.6m |
| Net Debt (512.9m) to EBITDA (250.6m): 2.05 < 3 |
| Current Ratio: 4.71 > 1.5 & < 3 |
| Outstanding Shares: last quarter (83.4m) vs 12m ago 0.32% < -2% |
| Gross Margin: 57.94% > 18% (prev 0.59%; Δ 5.74k% > 0.5%) |
| Asset Turnover: 74.65% > 50% (prev 65.72%; Δ 8.93% > 0%) |
| Interest Coverage Ratio: 6.53 > 6 (EBITDA TTM 250.6m / Interest Expense TTM 33.1m) |
| A: 0.40 (Total Current Assets 1.09b - Total Current Liabilities 231.7m) / Total Assets 2.13b |
| B: 0.33 (Retained Earnings 703.7m / Total Assets 2.13b) |
| C: 0.11 (EBIT TTM 216.1m / Avg Total Assets 1.98b) |
| D: 0.68 (Book Value of Equity 668.5m / Total Liabilities 984.8m) |
| Altman-Z'' = 5.18 = AAA |
| DSRI: 0.13 (Receivables 53.0m/340.7m, Revenue 1.48b/1.20b) |
| GMI: 1.01 (GM 57.94% / 58.71%) |
| AQI: 1.24 (AQ_t 0.32 / AQ_t-1 0.26) |
| SGI: 1.23 (Revenue 1.48b / 1.20b) |
| TATA: -0.01 (NI 146.6m - CFO 173.7m) / TA 2.13b) |
| Beneish M = -3.44 (Cap -4..+1) = AA |
As of May 26, 2026, the stock is trading at USD 33.79 with a total of 500,200 shares traded.
Over the past week, the price has changed by +2.39%,
over one month by +5.53%,
over three months by +30.31% and
over the past year by +152.73%.
EZCORP has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy EZPW.
- StrongBuy: 2
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 39.6 | 17.2% |
P/E Trailing = 18.2649
P/E Forward = 19.7628
P/S = 1.4081
P/B = 1.8582
P/EG = 0.275
Revenue TTM = 1.48b USD
EBIT TTM = 216.1m USD
EBITDA TTM = 250.6m USD
Long Term Debt = 519.0m USD (from longTermDebt, last quarter)
Short Term Debt = 68.0m USD (from shortTermDebt, last quarter)
Debt = 867.0m USD (corrected: LT Debt 519.0m + ST Debt 68.0m) + Leases 280.0m
Net Debt = 512.9m USD (calculated: Debt 867.0m - CCE 354.2m)
Enterprise Value = 2.59b USD (2.08b + Debt 867.0m - CCE 354.2m)
Interest Coverage Ratio = 6.53 (Ebit TTM 216.1m / Interest Expense TTM 33.1m)
EV/FCF = 19.76x (Enterprise Value 2.59b / FCF TTM 131.2m)
FCF Yield = 5.06% (FCF TTM 131.2m / Enterprise Value 2.59b)
FCF Margin = 8.88% (FCF TTM 131.2m / Revenue TTM 1.48b)
Net Margin = 9.93% (Net Income TTM 146.6m / Revenue TTM 1.48b)
Gross Margin = 57.94% ((Revenue TTM 1.48b - Cost of Revenue TTM 621.1m) / Revenue TTM)
Gross Margin QoQ = 56.04% (prev 58.37%)
Tobins Q-Ratio = 1.22 (Enterprise Value 2.59b / Total Assets 2.13b)
Interest Expense / Debt = 3.82% (Interest Expense 33.1m / Debt 867.0m)
Taxrate = 24.28% (15.9m / 65.5m)
NOPAT = 163.6m (EBIT 216.1m * (1 - 24.28%))
Current Ratio = 4.71 (Total Current Assets 1.09b / Total Current Liabilities 231.7m)
Debt / Equity = 0.77 (Debt 867.0m / totalStockholderEquity, last quarter 1.12b)
Debt / EBITDA = 2.05 (Net Debt 512.9m / EBITDA 250.6m)
Debt / FCF = 3.91 (Net Debt 512.9m / FCF TTM 131.2m)
Total Stockholder Equity = 1.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.41% (Net Income 146.6m / Total Assets 2.13b)
RoE = 13.94% (Net Income TTM 146.6m / Total Stockholder Equity 1.05b)
RoCE = 13.76% (EBIT 216.1m / Capital Employed (Equity 1.05b + L.T.Debt 519.0m))
RoIC = 8.34% (NOPAT 163.6m / Invested Capital 1.96b)
WACC = 5.64% (E(2.08b)/V(2.95b) * Re(6.78%) + D(867.0m)/V(2.95b) * Rd(3.82%) * (1-Tc(0.24)))
Discount Rate = 6.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -2.22 | Cagr: -1.76%
[DCF] Terminal Value 77.97% ; FCFF base≈121.0m ; Y1≈138.7m ; Y5≈204.1m
[DCF] Fair Price = 43.68 (EV 3.07b - Net Debt 512.9m = Equity 2.56b / Shares 58.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 97.82 | EPS CAGR: 25.66% | SUE: 4.0 | # QB: 6
Revenue Correlation: 97.07 | Revenue CAGR: 12.09% | SUE: 4.0 | # QB: 4
EPS current Quarter (2026-06-30): EPS=0.40 | Chg30d=+1.64% | Revisions=+14% | Analysts=5
EPS current Year (2026-09-30): EPS=2.00 | Chg30d=+7.89% | Revisions=+43% | GrowthEPS=+39.6% | GrowthRev=+32.8%
EPS next Year (2027-09-30): EPS=2.14 | Chg30d=+4.68% | Revisions=+25% | GrowthEPS=+7.1% | GrowthRev=+9.2%
[Analyst] Revisions Ratio: +43%