Encore Capital Group, Inc., a specialty finance company, provides debt recovery solutions and other related services for consumers across financial assets worldwide. The company purchases portfolios of defaulted consumer receivables at discounts to face value, as well as manages them by working with individuals as they repay their obligations and works toward financial recovery. It is also involved in the provision of early stage collection, business process outsourcing, and contingent collection services. In addition, the company engages in debt servicing and other portfolio management services to credit originator for non-performing loans. Further, it offers credit management services. Encore Capital Group, Inc. was incorporated in 1999 and is headquartered in San Diego, California.
Debt Recovery Surge | Encore Capital Group's Q1 2024 results showcase robust growth in collections and purchasing volumes, particularly in the U.S. market |
Financial Resilience | Strong Adjusted EBITDA of $325 million surpasses expectations, highlighting operational efficiency despite CECL accounting challenges |
Market Dynamics | Explore Encore's strategic positioning in a favorable U.S. debt recovery landscape, contrasted with UK market challenges |
Future Outlook | Analyst price targets around $60 reflect confidence in Encore's growth potential, despite interest expense concerns impacting EPS estimates |
Metrics to compare | ECPG | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipECPGPeersSector | |
---|---|---|---|---|
P/E Ratio | −10.1x | −0.7x | 9.5x | |
PEG Ratio | −0.19 | 0.08 | 0.03 | |
Price/Book | 1.0x | 2.0x | 1.0x | |
Price / LTM Sales | 0.6x | 0.9x | 2.8x | |
Upside (Analyst Target) | 43.3% | 21.5% | 13.3% | |
Fair Value Upside | Unlock | 33.6% | 1.6% | Unlock |