GOEASY LTD

goeasy is a leading Canadian non-prime lender trading at a discount due to short-term regulatory-driven earnings compression, but fundamentals remain strong. The company is adapting by shifting toward secured lending, improving loan growth, and enhancing credit quality, positioning itself for a future re-rating. Valuation is attractive, with goeasy trading below historical averages and peers despite resilient loan growth and consistently high returns on equity.» Mehr auf seekingalpha.com

Goeasy Ltd. (OTCPK:EHMEF) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Farhan Khan - Executive Vice President & Chief Strategy & Corporate Development Officer David Ingram - Executive Chairman & Interim Chief Executive Officer Hal Khouri - Executive Vice President & Chief Financial Officer Daniel Rees - Chief Executive Officer Jason Appel - Executive Vice President & Chief Risk Officer Conference Call Participants Etienne Ricard - BMO Capital Markets Jeff Fenwick - Cormark Securities John Aiken - Jefferies Gary Ho - Desjardins Capital Markets Graham Ryding - TD Cowen Securities Nikolaus Priebe - CIBC Capital Markets Jaeme Gloyn - National Bank Financial Stephen Boland - Raymond James Operator Good morning.» Mehr auf seekingalpha.com

Goeasy is undervalued with a forward P/E of 7.57x and a PEG of 0.6x, offering strong upside potential in Canada's growing subprime market. The company has consistent revenue growth, a robust dividend profile, and attractive valuation metrics despite inherent risks tied to subprime lending and debt-heavy funding. Goeasy's primary business, easyfinancial, and its expansion into auto financing and point-of-sale financing position it well for continued growth.» Mehr auf seekingalpha.com