Remitly Global, Inc.

  • Market Cap: Small Cap
  • Industry: Miscellaneous
  • ISIN: US75960P1049
USD
21.93
0.2 (0.92%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
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.
TriNet Group, Inc.
Medpace Holdings, Inc.
Genpact Ltd.
WEX, Inc.
Bright Horizons Family Solutions, Inc.
ADT, Inc.
Clarivate Plc
FTI Consulting, Inc.
R1 RCM, Inc.
WeWork, Inc.

Why is Remitly Global, Inc. ?

1
With a growth in Net Profit of 3050.37%, the company declared Very Positive results in Jun 26
  • The company has declared positive results for the last 9 consecutive quarters
  • OPERATING CASH FLOW(Y) Highest at USD 367.5 MM
  • ROCE(HY) Highest at 32.25%
  • NET SALES(Q) Highest at USD 495.16 MM
2
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 26.69%, its profits have risen by 293.8% ; the PEG ratio of the company is 0.2
3
Market Beating Performance
  • The stock has generated a return of 26.69% in the last 1 year, much higher than market (S&P 500) returns of 15.36%
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Remitly Global, Inc. should be less than 10%
  2. 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.
26.69%
1.02
66.05%
S&P 500
15.36%
1.17
13.09%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
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)
0
Sales to Capital Employed (avg)
1.85
Tax Ratio
100.00%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
93.24%
ROCE (avg)
0.83%
ROE (avg)
0
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
44
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
NA
ROCE (Latest)
25.09%
ROE (Latest)
8.20%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Sideways
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

31What is working for the Company
OPERATING CASH FLOW(Y)

Highest at USD 367.5 MM

ROCE(HY)

Highest at 32.25%

NET SALES(Q)

Highest at USD 495.16 MM

PRE-TAX PROFIT(Q)

Highest at USD 68.89 MM

NET PROFIT(Q)

Highest at USD 210.15 MM

RAW MATERIAL COST(Y)

Fallen by -5.9% (YoY

CASH AND EQV(HY)

Highest at USD 1,326.63 MM

EPS(Q)

Highest at USD 0.93

-10What is not working for the Company
INTEREST(Q)

Highest at USD 3.15 MM

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

Pre-Tax Profit
At USD 68.89 MM has Grown at 546.85%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (USD MM)

Net Profit
At USD 210.15 MM has Grown at 2,349.68%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (USD MM)

Operating Cash Flow
Highest at USD 367.5 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (USD MM)

Net Sales
Highest at USD 495.16 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 68.89 MM and Grown
In each period in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (USD MM)

Net Profit
Highest at USD 210.15 MM and Grown
In each period in the last five periods
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (USD MM)

EPS
Highest at USD 0.93
in the last five periods
MOJO Watch
Increasing profitability; company has created higher earnings for shareholders

EPS (USD)

Cash and Eqv
Highest at USD 1,326.63 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Raw Material Cost
Fallen by -5.9% (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 3.15 MM has Grown at 29.34%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (USD MM)

Interest
Highest at USD 3.15 MM
in the last five periods and Increased by 29.34% (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (USD MM)