# goeasy Ltd. (GSY.TO) fundamentals

Data as of 2026-09-08. TSX, Canada. Sector: Financial Services / Consumer Finance. Price C$43.59, market value C$699 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). goeasy Ltd. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.4×**. Each dollar of revenue is priced at 0.4×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 6.6×**. Enterprise value is 6.6× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 90.4%** (5-yr avg -22.8%). Free cash flow equals 90.4% of the market value, above its five-year average of -22.8%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 72.6%**. goeasy Ltd. keeps 72.6% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 49.9%**. 49.9% of revenue is left after running the business, an exceptional level.
- **Net margin: -10.5%**. The company reported a net loss over the last twelve months.
- **Return on equity: -21.0%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 13.3%**. Return on all capital, debt included, is 13.3%.
- **Return on assets: -5.9%**. Each dollar of assets produces -5.9% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 11.4%** (3-yr 18.5%/yr, 5-yr 21.0%/yr). Revenue grew 11.4% over the last year, against 21.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -166.1%**. Earnings per share fell 166.1%, slower than revenue, so margins compressed.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.
- **Cash and short-term investments: C$99 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 17.95%** (C$2.92 per share, trailing). goeasy Ltd. yields 17.95%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 22**. 22 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 26.5%/yr** (1-yr 24.8%). The dividend has compounded at 26.5% a year over five years, doubling roughly every 3 years at that pace.
- **Shareholder yield: 20.4%**. Dividends plus net buybacks return 20.4% of the market value a year.

## Price and momentum
- **Total return (1 yr): -79.3%** (YTD -66.8%, 3-mo 7.5%). The shares are down 79.3% over twelve months including dividends.
- **From 52-week high: -79.5%** (57.9% above the low). Trading 80% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): 0.81** (volatility 81%). Beta of 0.81 against the S&P/TSX Composite: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GSY.TO · Page: https://foliofundamentals.com/stocks/gsy.to

Not investment advice.