Atlanticus Holdings Corporation Common Stock (ATLC)

FairStock Score: 68/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look first for durable earnings and a margin of safety. Atlanticus is a $1.4B market-cap credit-services and fintech firm, not a simple consumer franchise. At the 2026-10-13 close of $94.75, FairStock's P/E is 12.31, P/B is 2.05, and ROE is 22.97%. Filed figures show fiscal year 2025 revenue of $309.6M and net income of $122.2M, or $5.96 diluted EPS, versus fiscal year 2024 revenue of $204.7M, net income of $111.3M, and $4.77 diluted EPS. Revenue rose about 51%, but profit rose only about 10%, a yellow flag. More recently, fiscal Q2 2026, the quarter ended 2026-06-30, produced revenue of $103.7M, net income of $49.7M, and $2.50 diluted EPS, against fiscal Q2 2025, the quarter ended 2025-06-30, revenue of $85.7M, net income of $30.6M, and $1.51 diluted EPS. That is strong recent profit improvement. Still, the balance sheet gives me pause: D/E is 8.54, FairStock's Altman Z-Score is 0.26, and FairStock's ROCE is only 2.76%. FairStock's Graham Number is $89.53, so the price carries a -5.83% margin of safety, meaning it trades above that conservative value. FairStock's Lynch category is Slow Grower, based on 5.4% yearly profit growth over five years, which cautions against paying a premium. FairStock's 65.2% FCF yield is eye-catching, but lenders' cash flows need skepticism. I see a profitable, leveraged, cyclical credit business with no clear wide moat and limited bargain protection.

In plain English: Atlanticus helps lenders and retailers offer credit, including store-brand credit and auto loans. The company makes money and has grown, but it uses a lot of borrowed money. The share price looks a bit high compared with a conservative estimate of its value based on the numbers given.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer