EZCORP, Inc. (EZPW) vs The Western Union Company (WU)

EZCORP, Inc. and The Western Union Company are both Credit Services companies. EZCORP, Inc. and The Western Union Company are of similar size ($1.9B and $1.9B). The Western Union Company trades at the lower P/E: 4.9× against 12.1×. EZCORP, Inc. grew revenue faster over the last twelve months: 28.6% against −1.63%. EZCORP, Inc. has the higher net margin (9.99% vs 9.79%) and the lower return on invested capital (13.9% vs 14.9%). Across the 22 metrics below, EZCORP, Inc. leads on 11 and The Western Union Company on 11.

Valuation

Metric EZPW WU Credit Services median
P/E 12.08 4.94 9.64
P/S 1.21 0.48 0.87
P/B 1.64 2.11 1.16
Price to free cash flow 13.86 4.56 2.99
EV/EBITDA 7.12 4.52 9.58
EV/Sales 1.16 0.92 2.32
Earnings yield 8.28% 20.23% 6.72%
Free cash flow yield 7.21% 21.94% 12.33%

Profitability

Metric EZPW WU Credit Services median
Gross margin 58.55% 35.09% 77.13%
Operating margin 13.90% 15.91% 0.34%
Net margin 9.99% 9.79% 9.25%
Free cash flow margin 8.73% 10.51% 13.03%
Return on equity 14.67% 43.97% 8.49%
Return on assets 7.82% 4.96% 2.29%
Return on invested capital 13.94% 14.91% 4.09%

Growth

Metric EZPW WU Credit Services median
Revenue growth (TTM) 28.61% (1.63%) 4.62%
EPS growth (last fiscal year) 29.09% (44.53%) —
Revenue growth, 5-year CAGR 9.14% (3.48%) 9.13%
Net income growth, 5-year CAGR 0.00% (7.66%) 0.00%

Health

Metric EZPW WU Credit Services median
Debt to equity 0.44 2.95 0.68
Current ratio 4.81 1.12 1.55
Net debt to EBITDA (1.41) 1.78 0.13

Dividend

Metric EZPW WU Credit Services median
Dividend yield — 7.89% 3.34%
Payout ratio 0.00 0.48 0.00

Size

Metric EZPW WU Credit Services median
Market cap 1.86b 1.89b 872.19m

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