Enova International, Inc. (ENVA) vs Klarna Group plc (KLAR)

Enova International, Inc. and Klarna Group plc are both Credit Services companies. Klarna Group plc is the larger, with a market value of $4.9B against $4.3B — 1.1× the size. Klarna Group plc has negative trailing earnings, so its P/E is not meaningful; Enova International, Inc. trades at 12.1×. Klarna Group plc grew revenue faster over the last twelve months: 34.2% against 17.7%. Enova International, Inc. has the higher net margin (10.3% vs −3.52%) and the higher return on invested capital (8.56% vs 0.00%). Across the 17 metrics below, Enova International, Inc. leads on 12 and Klarna Group plc on 5.

Valuation

Metric ENVA KLAR Credit Services median
P/E 12.14 n/m 9.64
P/S 1.25 1.20 0.87
P/B 2.88 1.82 1.16
Price to free cash flow 2.21 n/m 2.99
EV/EBITDA 10.03 n/m 9.58
EV/Sales 2.57 (0.10) 2.32
Earnings yield 8.24% (2.89%) 6.72%
Free cash flow yield 45.24% (78.64%) 12.33%

Profitability

Metric ENVA KLAR Credit Services median
Gross margin 59.77% 58.18% 77.13%
Operating margin 24.02% (1.21%) 0.34%
Net margin 10.31% (3.52%) 9.25%
Free cash flow margin 56.67% (94.31%) 13.03%
Return on equity 26.08% (5.67%) 8.49%
Return on assets 5.49% (0.77%) 2.29%
Return on invested capital 8.56% 0.00% 4.09%

Growth

Metric ENVA KLAR Credit Services median
Revenue growth (TTM) 17.65% 34.19% 4.62%
EPS growth (last fiscal year) 55.05% (8,000.00%) —
Revenue growth, 5-year CAGR 23.80% — 9.13%
Net income growth, 5-year CAGR (3.98%) — 0.00%

Health

Metric ENVA KLAR Credit Services median
Debt to equity 3.35 0.00 0.68
Current ratio 18.42 1.08 1.55
Net debt to EBITDA 5.13 51.16 0.13

Dividend

Metric ENVA KLAR Credit Services median
Dividend yield — — 3.34%
Payout ratio 0.00 — 0.00

Size

Metric ENVA KLAR Credit Services median
Market cap 4.28b 4.86b 872.19m

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