Remitly Global, Inc. () Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Remitly Global, Inc.

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Why is Remitly Global, Inc. ?

With a growth in Net Profit of 332.11%, the company declared Very Positive results in Mar 26

The company has declared positive results for the last 8 consecutive quarters
ROCE(HY) Highest at 12.95%
NET SALES(Q) Highest at USD 452.8 MM
INTEREST COVERAGE RATIO(Q) The company hardly has any interest cost

With ROE of 8.20%, it has a expensive valuation with a 3.64 Price to Book Value

Over the past year, while the stock has generated a return of -4.22%, its profits have risen by 293.8% ; the PEG ratio of the company is 0.2

High Institutional Holdings at 93.24%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to Remitly Global, Inc. should be less than 10%
Overall Portfolio exposure to Miscellaneous should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Remitly Global, Inc. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Remitly Global, Inc.

-4.22%

0.70

65.37%

S&P 500

22.93%

1.75

13.09%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

44.79%

EBIT Growth (5y)

36.63%

EBIT to Interest (avg)

-35.32

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

1.85

Tax Ratio

100.00%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

93.24%

ROCE (avg)

0.83%

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

3.64

EV to EBIT

32.07

EV to EBITDA

24.55

EV to Capital Employed

8.05

EV to Sales

1.60

PEG Ratio

0.16

Dividend Yield

ROCE (Latest)

25.09%

ROE (Latest)

8.20%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bullish

Sideways

Moving Averages

Mildly Bearish (Daily)

KST

Bullish

Bearish

Dow Theory

Mildly Bullish

OBV

Mildly Bullish

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

30What is working for the Company

ROCE(HY)

Highest at 12.95%

NET SALES(Q)

Highest at USD 452.8 MM

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

RAW MATERIAL COST(Y)

Fallen by -3.47% (YoY

CASH AND EQV(HY)

Highest at USD 1,193.07 MM

DEBT-EQUITY RATIO (HY)

Lowest at -67.27 %

DEBTORS TURNOVER RATIO(HY)

Highest at 6.24 times

PRE-TAX PROFIT(Q)

Highest at USD 63.61 MM

NET PROFIT(Q)

Highest at USD 59.92 MM

EPS(Q)

Highest at USD 0.23

-8What is not working for the Company

INTEREST(HY)

At USD 4.98 MM has Grown at 119.95%

Here's what is working for Remitly Global, Inc.

Pre-Tax Profit

At USD 63.61 MM has Grown at 301.34%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (USD MM)

Net Profit

At USD 59.92 MM has Grown at 397.61%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (USD MM)

Net Sales

Highest at USD 452.8 MM and Grown

In each period in the last five periods

MOJO Watch

Near term sales trend is very positive

Net Sales (USD MM)

Pre-Tax Profit

Highest at USD 63.61 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (USD MM)

Net Profit

Highest at USD 59.92 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (USD MM)

EPS

Highest at USD 0.23

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (USD)

Cash and Eqv

Highest at USD 1,193.07 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio

Lowest at -67.27 %

in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Debtors Turnover Ratio

Highest at 6.24 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -3.47% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Remitly Global, Inc.

Interest

At USD 4.98 MM has Grown at 119.95%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (USD MM)