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goeasy Ltd T.GSY

Alternate Symbol(s):  EHMEF

goeasy Ltd. is a Canadian company that provides non-prime leasing and lending services through its easyhome, easyfinancial, and LendCare brands. The Company's segments include easyfinancial and easyhome. The easyfinancial segment lends out capital in the form of unsecured and secured consumer loans to non-prime borrowers. easyfinancial's product offering consists of unsecured and real estate secured instalment loans. The LendCare operating segment specializes in financing consumer purchases in the powersports, automotive, retail, healthcare, and home improvement categories. The easyhome segment provides leasing services for household furniture, appliances and electronics and unsecured lending products to retail consumers. Its customers can transact seamlessly through an omnichannel model that includes online and mobile platforms, over 400 locations across Canada, and point-of-sale financing offered in the retail, powersports, automotive, home improvement, and healthcare verticals.


TSX:GSY - Post by User

Comment by extremeriskon Apr 09, 2022 3:53pm
208 Views
Post# 34591016

RE:Stockchase Insights 2

RE:Stockchase Insights 2Looks like they plan to grow 25 percent for 2022 and 20 percent in future years based on latest guidance.  Considering they have not missed guidance for last 20 years I think a peg ratio of 0.3 is ridiculously cheap.  The market opportunity remains huge.  Used car prices have been going up in last year which is un heard of so car loan business should do very well.  Also cash flow is so strong that company will continue to buy back shares.  New all time high will be coming soon enough.  
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