GSY : goeasy Ltd Stock Profile

Last Updated: 3/12/2024 0:47:16

goeasy Ltd trades with the ticker GSY on the TSX and is in the Credit Services industry.

Overview
goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services. The companyleases household furniture, appliances, electronics, and unsecured lending products to retail consumers. The company was formerly known as easyhome Ltd. and changed its name to goeasy Ltd. in September 2015. goeasy Ltd. was incorporated in 1990 and is headquartered in Mississauga, Canada.
 

Looking to invest in goeasy Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

GSY.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $2677.076MM

PE Ratio: 11.119

Price: 49.99 (Updated: 3/12/2024 0:47:16)



goeasy Ltd (GSY) vs Competitors in Credit Services

Lets see how GSY.TO stacks up against others in the Credit Services asset management industry. We have identified its main peers as:

Accord Financial Corp, Chesswood Group Limited, Crown Capital Partners Inc, CPI Card Group Inc

.

Credit Services Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Accord Financial Corp (ACD) $42.367 N/A 24.498 6.1%
Chesswood Group Limited (CHW) $154.239 17.0 24.786 1.4%
Crown Capital Partners Inc (CRWN) $29.061 N/A 0.0 N/A%
goeasy Ltd (GSY) $2,677.076 11.119 7.367 2.9%
CPI Card Group Inc (PMTS) $398.097 14.409 10.551 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Credit Services

  • goeasy Ltd (GSY) vs Accord Financial Corp (ACD)
    • GSY has higher EPS (14.48 vs -1.24). ACD has higher dividend yield (6.1% vs 2.9%). ACD has a P/E under 0, indicating GSY (P/E 11.119) is in a better position.
  • goeasy Ltd (GSY) vs Chesswood Group Limited (CHW)
    • GSY has higher EPS (14.48 vs 0.5). GSY has higher dividend yield (2.9% vs 1.4%). CHW has a higher P/E ratio (17.0 vs 11.119) indicating it’s more expensive.
  • goeasy Ltd (GSY) vs Crown Capital Partners Inc (CRWN)
    • GSY has higher EPS (14.48 vs -1.21). GSY provides dividends, while CRWN does not. CRWN has a P/E under 0, indicating GSY (P/E 11.119) is in a better position.
  • goeasy Ltd (GSY) vs CPI Card Group Inc (PMTS)
    • GSY has higher EPS (14.48 vs 2.395). GSY has higher dividend yield (2.9% vs 0.0%). PMTS has a higher P/E ratio (14.409 vs 11.119) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy GSY stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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