GSY Stock Analysis: goeasy | TO
Credit Services | TO, Canada | Market Cap: 603m CAD | 12M Return: -69.4% | CA3803551074 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.11M
Qual. Beats: 0
Rev. Trend: 91.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.8 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
goeasy Ltd. is a Canadian consumer finance company serving non-prime borrowers through its easyfinancial, easyhome, and LendCare brands. Its Easyfinancial segment offers secured and unsecured installment loans, including financing for vehicles, home improvements, and healthcare, while Easyhome leases household goods and offers lending products.
Consumer finance companies typically provide credit and payment plans directly to individuals, including borrowers who may have limited access to conventional financing. goeasy was incorporated in 1990 and is headquartered in Mississauga, Ontario.
- Easyfinancial and LendCare loan growth drives revenue expansion
- Rising borrower delinquencies increase provisions and credit losses
- Lower Canadian criminal-rate cap pressures high-APR lending economics
| Net Income: -391.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 10.65 > 1.0 |
| NWC/Revenue: 296.3% < 20% (prev 338.0%; Δ -41.73% < -1%) |
| CFO/TA 0.16 > 3% & CFO 871.4m > Net Income -391.5m |
| Net Debt (4.18b) to EBITDA (769.4m): 5.44 < 3 |
| Current Ratio: 24.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (16.5m) vs 12m ago -1.46% < -2% |
| Gross Margin: 71.12% > 18% (prev 75.00%; Δ -3.88% > 0.5%) |
| Asset Turnover: 27.84% > 50% (prev 26.68%; Δ 1.16% > 0%) |
| Interest Coverage Ratio: 0.59 > 6 (EBIT TTM 689.9m / Interest Expense TTM 1.16b) |
| A: 0.88 (Total Current Assets 5.01b - Total Current Liabilities 207.4m) / Total Assets 5.44b |
| B: 0.06 (Retained Earnings 352.6m / Total Assets 5.44b) |
| C: 0.12 (EBIT TTM 689.9m / Avg Total Assets 5.82b) |
| D: 0.17 (Book Value of Equity 783.3m / Total Liabilities 4.66b) |
| Altman-Z'' = 6.98 = AAA |
| DSRI: 0.88 (Receivables 4.51b/5.22b, Revenue 1.62b/1.66b) |
| GMI: 1.05 (GM 75.00% / 71.12%) |
| AQI: 1.04 (AQ_t 0.06 / AQ_t-1 0.06) |
| SGI: 0.98 (Revenue 1.62b / 1.66b) |
| TATA: -0.23 (NI -391.5m - CFO 871.4m) / TA 5.44b) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of November 13, 2026, the stock is trading at CAD 38.68 with a total of 154,497 shares traded. Over the past week, the price has changed by -16.26%, over one month by -11.95%, over three months by -13.95% and over the past year by -69.42%.
Current recommended Stop Loss: 32.30 (which is 16.5% or 2.5 ATR below the current price).
goeasy has no consensus analysts rating.
P/E Forward = 11.6009
P/S = 3.0379
P/B = 0.9055
Revenue TTM = 1.62b CAD
EBIT TTM = 689.9m CAD
EBITDA TTM = 769.4m CAD
Long Term Debt = 4.39b CAD (from longTermDebt, last quarter)
Short Term Debt = 175.1m CAD (from shortTermDebt, last fiscal year)
Debt = 4.51b CAD (from shortLongTermDebtTotal, last quarter) + Leases 59.5m
Net Debt = 4.18b CAD (calculated: Debt 4.51b - CCE 324.2m)
Enterprise Value = 4.79b CAD (603.0m + Debt 4.51b - CCE 324.2m)
Interest Coverage Ratio = 0.59 (Ebit TTM 689.9m / Interest Expense TTM 1.16b)
EV/FCF = 11.83x (Enterprise Value 4.79b / FCF TTM 404.5m)
FCF Yield = 8.45% (FCF TTM 404.5m / Enterprise Value 4.79b)
FCF Margin = 24.96% (FCF TTM 404.5m / Revenue TTM 1.62b)
Net Margin = -24.15% (Net Income TTM -391.5m / Revenue TTM 1.62b)
Gross Margin = 71.12% ((Revenue TTM 1.62b - Cost of Revenue TTM 468.1m) / Revenue TTM)
Gross Margin QoQ = 66.03% (prev 87.90%)
Tobins Q-Ratio = 0.88 (Enterprise Value 4.79b / Total Assets 5.44b)
Interest Expense / Debt = 25.77% (Interest Expense 1.16b / Debt 4.51b)
Taxrate = 25.0% (non-US conservative default 25%)
NOPAT = 517.4m (EBIT 689.9m * (1 - 25.00%))
Current Ratio = 24.16 (Total Current Assets 5.01b / Total Current Liabilities 207.4m)
Debt / Equity = 5.75 (Debt 4.51b / totalStockholderEquity, last quarter 783.3m)
Debt / EBITDA = 5.44 (Net Debt 4.18b / EBITDA 769.4m)
Debt / FCF = 10.34 (Net Debt 4.18b / FCF TTM 404.5m)
Total Stockholder Equity = 807.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -6.72% (Net Income -391.5m / Total Assets 5.44b)
RoE = -48.47% (Net Income TTM -391.5m / Total Stockholder Equity 807.8m)
RoCE = 13.28% (EBIT 689.9m / Capital Employed (Equity 807.8m + L.T.Debt 4.39b))
RoIC = 9.71% (NOPAT 517.4m / Invested Capital 5.33b)
WACC = 18.04% (E(603.0m)/V(5.11b) * Re(8.46%) + D(4.51b)/V(5.11b) * Rd(25.77%) * (1-Tc(0.25)))
Discount Rate = 8.46% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -92.70 | Cagr: -2.29%
[DCF] Terminal Value 48.88% ; FCFF base≈404.5m ; Y1≈406.2m ; Y5≈430.3m
[DCF] Fair Price = N/A (negative equity: EV 2.53b - Net Debt 4.18b = -1.65b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.10 | # QB: 0
Revenue Correlation: 91.70 | Revenue CAGR: 11.18% | SUE: 0.19 | # QB: 0
EPS current Quarter (2027-03-31): EPS=0.58 | Chg30d=-19.81% | Revisions=+0% | Analysts=6
EPS current Year (2026-12-31): EPS=-0.97 | Chg30d=+8.21% | Revisions=+25% | GrowthEPS=-132.2% | GrowthRev=-9.6%
EPS next Year (2027-12-31): EPS=4.19 | Chg30d=-7.64% | Revisions=-40% | GrowthEPS=+529.7% | GrowthRev=-1.6%
[Analyst] Revisions Ratio: -17% (up=1, down=2)