Dave Inc. Statistics
Total Valuation
Dave Inc. has a market cap or net worth of $478.99 million. The enterprise value is $466.62 million.
| Market Cap | 478.99M |
| Enterprise Value | 466.62M |
Important Dates
The next confirmed earnings date is Tuesday, November 12, 2024, after market close.
| Earnings Date | Nov 12, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Dave Inc. has 12.72 million shares outstanding. The number of shares has increased by 7.89% in one year.
| Current Share Class | 11.20M |
| Shares Outstanding | 12.72M |
| Shares Change (YoY) | +7.89% |
| Shares Change (QoQ) | +2.74% |
| Owned by Insiders (%) | 22.24% |
| Owned by Institutions (%) | 35.93% |
| Float | 8.86M |
Valuation Ratios
The trailing PE ratio is 16.75 and the forward PE ratio is 160.60.
| PE Ratio | 16.75 |
| Forward PE | 160.60 |
| PS Ratio | 1.57 |
| Forward PS | 1.36 |
| PB Ratio | 3.35 |
| P/FCF Ratio | 6.21 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 108.79, with an EV/FCF ratio of 6.05.
| EV / Earnings | 16.24 |
| EV / Sales | 1.59 |
| EV / EBITDA | 108.79 |
| EV / EBIT | 205.83 |
| EV / FCF | 6.05 |
Financial Position
The company has a current ratio of 8.67, with a Debt / Equity ratio of 0.53.
| Current Ratio | 8.67 |
| Quick Ratio | 3.33 |
| Debt / Equity | 0.53 |
| Debt / EBITDA | 16.38 |
| Debt / FCF | 0.98 |
| Interest Coverage | 0.23 |
Financial Efficiency
Return on equity (ROE) is 25.44% and return on invested capital (ROIC) is 0.59%.
| Return on Equity (ROE) | 25.44% |
| Return on Assets (ROA) | 0.52% |
| Return on Capital (ROIC) | 0.59% |
| Revenue Per Employee | $1.03M |
| Profits Per Employee | $100,796 |
| Employee Count | 285 |
| Asset Turnover | 1.08 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Dave Inc. has paid $1.53 million in taxes.
| Income Tax | 1.53M |
| Effective Tax Rate | 5.04% |
Stock Price Statistics
The stock price has increased by +566.55% in the last 52 weeks. The beta is 2.84, so Dave Inc.'s price volatility has been higher than the market average.
| Beta (5Y) | 2.84 |
| 52-Week Price Change | +566.55% |
| 50-Day Moving Average | 39.68 |
| 200-Day Moving Average | 36.10 |
| Relative Strength Index (RSI) | 41.06 |
| Average Volume (20 Days) | 342,539 |
Short Selling Information
The latest short interest is 2.10 million, so 16.49% of the outstanding shares have been sold short.
| Short Interest | 2.10M |
| Short Previous Month | 2.14M |
| Short % of Shares Out | 16.49% |
| Short % of Float | 23.67% |
| Short Ratio (days to cover) | 8.18 |
Income Statement
In the last 12 months, Dave Inc. had revenue of $292.68 million and earned $28.73 million in profits. Earnings per share was $2.25.
| Revenue | 292.68M |
| Gross Profit | 166.91M |
| Operating Income | 2.27M |
| Pretax Income | 30.25M |
| Net Income | 28.73M |
| EBITDA | 4.29M |
| EBIT | 2.27M |
| Earnings Per Share (EPS) | $2.25 |
Balance Sheet
The company has $88.20 million in cash and $75.70 million in debt, giving a net cash position of $12.50 million or $0.98 per share.
| Cash & Cash Equivalents | 88.20M |
| Total Debt | 75.70M |
| Net Cash | 12.50M |
| Net Cash Per Share | $0.98 |
| Equity (Book Value) | 141.76M |
| Book Value Per Share | 11.24 |
| Working Capital | 203.05M |
Cash Flow
In the last 12 months, operating cash flow was $77.39 million and capital expenditures -$241,000, giving a free cash flow of $77.15 million.
| Operating Cash Flow | 77.39M |
| Capital Expenditures | -241,000 |
| Free Cash Flow | 77.15M |
| FCF Per Share | $6.07 |
Margins
Gross margin is 57.03%, with operating and profit margins of 0.77% and 9.82%.
| Gross Margin | 57.03% |
| Operating Margin | 0.77% |
| Pretax Margin | 10.34% |
| Profit Margin | 9.82% |
| EBITDA Margin | 1.47% |
| EBIT Margin | 0.77% |
| FCF Margin | 23.77% |
Dividends & Yields
Dave Inc. does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -7.89% |
| Shareholder Yield | -7.89% |
| Earnings Yield | 6.00% |
| FCF Yield | 16.10% |
Analyst Forecast
The average price target for Dave Inc. is $60.00, which is 59.32% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $60.00 |
| Price Target Difference | 59.32% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 6 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on January 6, 2023. It was a reverse split with a ratio of 0.03125:1.
| Last Split Date | Jan 6, 2023 |
| Split Type | Reverse |
| Split Ratio | 0.03125:1 |
Scores
Dave Inc. has an Altman Z-Score of 2.56 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.56 |
| Piotroski F-Score | 7 |