$Encore Capital Group (ECPG.US)$🎯 2027.7.26 The current pri...

New data: 2022 full year data and 2023Q1

Because the analysis method has changed a lot, the analysis was re-analyzed.

Over the past 5 years, revenue continued to grow in the first 4 years, with an average growth rate of 3.3% in 2022. Operating profit continued to grow in the first 4 years, 27% in 2022, an average growth rate of 7.3% for 5 years, net profit continued to grow in the previous 4 years, fell 44.6% in 2022, and an average growth rate of 19.8% for 5 years.

In 2023Q1, revenue continued to decline sharply by 37.4%, operating profit by 73.5%, and net profit by 89.4%.

At present, revenue and profit have been falling sharply for 4 consecutive quarters, and the price-earnings ratio TTM has soared to 30. Currently, it is still difficult to judge whether it is the industry cycle or whether there have been major changes in our own business. Regardless of the type, the current relatively safe operation is closing positions and withdrawing.