Is Enova International, Inc. overvalued or undervalued?

As of 22 August 2025, the valuation grade for Enova International, Inc. has moved from very attractive to attractive, indicating a potential shift in market perception. The company appears to be undervalued based on its financial metrics, with a P/E ratio of 13, a PEG ratio of 0.28, and an impressive ROCE of 70.74%.
In comparison to its peers, Enova's P/E ratio is significantly lower than that of Mr. Cooper Group, Inc. at 29.22 and SLM Corp. at 23.91, suggesting that Enova may be trading at a discount relative to its industry. Additionally, its EV to EBITDA ratio of 4.19 is competitive when compared to PennyMac Financial Services, Inc. at 4.33. Over the past year, Enova has delivered a return of 53.05%, outperforming the S&P 500's 17.14%, reinforcing the notion that the stock may be undervalued.