EZCORP Inc. Class A Non Voting Common Stock (EZPW)

FairStock Score: 68/100 — STEADY

Key Financials

AI Analysis

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

I approach EZCORP as a pawn lender and retailer, not a glamorous franchise. It operates in the U.S., Mexico, and Latin America, making collateralized loans against tangible goods and reselling forfeited merchandise. The growth is real: in fiscal Q3 2026, the quarter ended 2026-06-30, revenue was $418.7M, net income $38.2M, and diluted EPS $0.48; a year earlier, fiscal Q3 2025, revenue was $311.0M, net income $26.5M, and EPS $0.34. For FY2025, revenue was $1.3B, net income $109.6M, and EPS $1.42, up from FY2024's $1.2B, $83.1M, and $1.10, and FY2023's $1.0B, $38.5M, and $0.53. FairStock's Lynch rule calls it a FAST GROWER, citing 88.9% annual profit growth over four years and 15.0% revenue growth. Financial health is decent: Piotroski 7/9, Altman Z 2.90, D/E 0.70, ROE 14.74%, ROCE 6.85%, and trailing FCF $138.3M, a 5.0% FCF yield. But the moat is narrow—local licenses, collateral, and repeat customers, yet competition and regulation limit pricing power. At the 2026-10-13 close of $33.07, FairStock's P/E is 16.62, P/B 1.75, PEG 0.38, EV/EBITDA 11.54, and Graham Number $29.12, leaving a -13.56% margin of safety. So the price is not a Graham bargain; it is a fair-to-full price for a fast-growing but cyclical lender. I would want durable returns and lower credit risk before calling it compelling.

In plain English: EZCORP makes pawn loans and sells used merchandise in the United States, Mexico, and Latin America. The business is growing quickly: recent quarterly sales and profits are up sharply from a year earlier, and it produces cash. At $33.07, the stock looks a bit pricey compared with a simple value estimate, though not wildly so.

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

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