RELY Stock Analysis: Remitly Global | NASDAQ
Software - Infrastructure | NASDAQ, USA | Market Cap: 5.201m USD | 12M Return: 53.1% | US75960P1049 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 59.7M
Qual. Beats: 3
Rev. Trend: 99.8%
Qual. Beats: 3
Warnings
No concerns identified
Tailwinds
Seasonality 5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Remitly Global, Inc. is a digital cross-border payment company that provides remittance and complementary financial services primarily through its mobile app and website. Founded in 2011 and headquartered in Seattle, Washington, the company operates in the United States, Canada, and other international markets, serving customers who send money across borders.
The company operates within the transaction and payment processing sub-industry of the financials sector, focusing on the digital remittance segment of fintech. Its app- and web-based delivery model positions it as a digital-native alternative to traditional brick-and-mortar money transfer operators, targeting migrant populations sending funds to recipients in their home countries.
- Corridor expansion drives active customer growth double digits
- Take rate improvement lifts revenue per transaction and margins
- Competition from Wise and traditional players pressures market share
- Regulatory shifts in emerging market corridors affect compliance costs and volume
- Capital allocation focused on profitability over aggressive customer acquisition spend
| Net Income: 305.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.28 > 0.02 and ΔFCF/TA -1.14 > 1.0 |
| NWC/Revenue: 48.72% < 20% (prev 46.06%; Δ 2.66% < -1%) |
| CFO/TA 0.29 > 3% & CFO 449.4m > Net Income 305.0m |
| Net Debt (-475.3m) to EBITDA (228.9m): -2.08 < 3 |
| Current Ratio: 3.18 > 1.5 & < 3 |
| Outstanding Shares: last quarter (221.0m) vs 12m ago 0.95% < -2% |
| Gross Margin: 60.01% > 18% (prev 59.60%; Δ 0.41% > 0.5%) |
| Asset Turnover: 132.4% > 50% (prev 125.4%; Δ 7.04% > 0%) |
| Interest Coverage Ratio: 17.12 > 6 (EBIT TTM 175.5m / Interest Expense TTM 10.3m) |
| A: 0.56 (Total Current Assets 1.29b - Total Current Liabilities 404.3m) / Total Assets 1.57b |
| B: -0.13 (Retained Earnings -205.4m / Total Assets 1.57b) |
| C: 0.13 (EBIT TTM 175.5m / Avg Total Assets 1.37b) |
| D: 2.56 (Book Value of Equity 1.13b / Total Liabilities 440.6m) |
| Altman-Z'' = 6.81 = AAA |
| DSRI: 1.53 (Receivables 556.7m/293.9m, Revenue 1.81b/1.46b) |
| GMI: 0.99 (GM 59.60% / 60.01%) |
| AQI: 2.28 (AQ_t 0.13 / AQ_t-1 0.06) |
| SGI: 1.24 (Revenue 1.81b / 1.46b) |
| TATA: -0.09 (NI 305.0m - CFO 449.4m) / TA 1.57b) |
| Beneish M = -1.68 (Cap -4..+1) = CCC |
As of November 02, 2026, the stock is trading at USD 24.15 with a total of 1,925,445 shares traded. Over the past week, the price has changed by -2.70%, over one month by +12.48%, over three months by +2.99% and over the past year by +53.14%.
Current recommended Stop Loss: 21.90 (which is 9.3% or 2.5 ATR below the current price).
Remitly Global has received a consensus analysts rating of 4.80. Therefore, it is recommended to buy RELY.
- StrongBuy: 8
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 32.1 | 33% |
P/E Trailing = 17.8043
P/S = 2.8741
P/B = 4.6626
Revenue TTM = 1.81b USD
EBIT TTM = 175.5m USD
EBITDA TTM = 228.9m USD
Long Term Debt = 155.0m USD (from longTermDebt, last fiscal year)
Short Term Debt = 10.8m USD (from shortTermDebt, last quarter)
Debt = 201.1m USD (corrected: LT Debt 155.0m + ST Debt 10.8m) + Leases 35.2m
Net Debt = -475.3m USD (calculated: Debt 201.1m - CCE 676.4m)
Enterprise Value = 4.73b USD (5.20b + Debt 201.1m - CCE 676.4m)
Interest Coverage Ratio = 17.12 (Ebit TTM 175.5m / Interest Expense TTM 10.3m)
EV/FCF = 10.83x (Enterprise Value 4.73b / FCF TTM 436.2m)
FCF Yield = 9.23% (FCF TTM 436.2m / Enterprise Value 4.73b)
FCF Margin = 24.10% (FCF TTM 436.2m / Revenue TTM 1.81b)
Net Margin = 16.85% (Net Income TTM 305.0m / Revenue TTM 1.81b)
Gross Margin = 60.01% ((Revenue TTM 1.81b - Cost of Revenue TTM 723.6m) / Revenue TTM)
Gross Margin QoQ = 62.07% (prev 59.33%)
Tobins Q-Ratio = 3.01 (Enterprise Value 4.73b / Total Assets 1.57b)
Interest Expense / Debt = 5.10% (Interest Expense 10.3m / Debt 201.1m)
Taxrate = 5.16% (3.69m / 71.6m)
NOPAT = 166.5m (EBIT 175.5m * (1 - 5.16%))
Current Ratio = 3.18 (Total Current Assets 1.29b / Total Current Liabilities 404.3m)
Debt / Equity = 0.18 (Debt 201.1m / totalStockholderEquity, last quarter 1.13b)
Debt / EBITDA = -2.08 (Net Debt -475.3m / EBITDA 228.9m)
Debt / FCF = -1.09 (Net Debt -475.3m / FCF TTM 436.2m)
Total Stockholder Equity = 925.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 22.32% (Net Income 305.0m / Total Assets 1.57b)
RoE = 32.97% (Net Income TTM 305.0m / Total Stockholder Equity 925.1m)
RoCE = 16.25% (EBIT 175.5m / Capital Employed (Equity 925.1m + L.T.Debt 155.0m))
RoIC = 15.37% (NOPAT 166.5m / Invested Capital 1.08b)
WACC = 9.69% (E(5.20b)/V(5.40b) * Re(9.88%) + D(201.1m)/V(5.40b) * Rd(5.10%) * (1-Tc(0.05)))
Discount Rate = 9.88% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.17 | Cagr: 7.00%
[DCF] Terminal Value 73.75% ; FCFF base≈396.8m ; Y1≈454.9m ; Y5≈669.5m
[DCF] Fair Price = 40.73 (EV 8.15b - Net Debt -475.3m = Equity 8.62b / Shares 211.7m; r=9.69% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 4.0 | # QB: 3
Revenue Correlation: 99.76 | Revenue CAGR: 31.09% | SUE: 1.26 | # QB: 3
EPS current Quarter (2026-09-30): EPS=0.28 | Chg30d=+0.00% | Revisions=+50% | Analysts=4
EPS current Year (2026-12-31): EPS=1.85 | Chg30d=+0.00% | Revisions=+50% | GrowthEPS=+75.8% | GrowthRev=+21.5%
EPS next Year (2027-12-31): EPS=1.62 | Chg30d=+0.06% | Revisions=+17% | GrowthEPS=-12.6% | GrowthRev=+19.4%
[Analyst] Revisions Ratio: +58% (up=8, down=1)