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NASDAQ: RELY
Remitly Global Inc Stock

$18.60+0.01 (+0.05%)
Updated Apr 18, 2024
RELY Price
$18.60
Fair Value Price
$19.89
Market Cap
$3.51B
52 Week Low
$15.83
52 Week High
$27.95
P/E
-28.62x
P/B
6.62x
P/S
3.72x
PEG
N/A
Dividend Yield
N/A
Revenue
$944.29M
Earnings
-$117.84M
Gross Margin
65.1%
Operating Margin
-11.61%
Profit Margin
-12.5%
Debt to Equity
0.96
Operating Cash Flow
-$54M
Beta
1.52
Next Earnings
May 3, 2024
Ex-Dividend
N/A
Next Dividend
N/A

RELY Overview

Remitly Global Inc. offers a digital payments service that enables consumers to make person-to-person international money transfers in minutes. Customers can track the status of transactions in real-time. Remitly Global was incorporated in 2011 and is headquartered in Seattle, WA.

Zen Score

–
Industry Average (30)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how RELY scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

RELY ($18.60) is undervalued by 6.49% relative to our estimate of its Fair Value price of $19.89 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
RELY ($18.60) is not significantly undervalued (6.49%) relative to our estimate of its Fair Value price of $19.89 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
RELY is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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RELY News

Valuation

RELY fair value

Fair Value of RELY stock based on Discounted Cash Flow (DCF)
Price
$18.60
Fair Value
$19.89
Undervalued by
6.49%
RELY ($18.60) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
RELY ($18.60) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
RELY is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

RELY price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-28.62x
Industry
75.98x
Market
41.33x

RELY price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
6.62x
Industry
11.64x
RELY is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

RELY's financial health

Profit margin

Revenue
$264.8M
Net Income
-$35.0M
Profit Margin
-13.2%
RELY's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
RELY's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.0B
Liabilities
$507.0M
Debt to equity
0.96
RELY's short-term assets ($932.12M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RELY's short-term assets ($932.12M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
RELY's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$34.5M
Investing
-$2.6M
Financing
$136.2M
RELY's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

RELY vs Software Infrastructure Stocks

TickerMarket Cap1d %P/EP/B
RELY$3.51B+0.05%-28.62x6.62x
TDC$3.58B+1.21%59.27x26.51x
ACIW$3.35B+0.06%28.13x2.53x
PAGS$3.81B-1.03%11.11x1.42x
BOX$3.82B+0.84%38.36x-8.86x

Remitly Global Stock FAQ

What is Remitly Global's quote symbol?

(NASDAQ: RELY) Remitly Global trades on the NASDAQ under the ticker symbol RELY. Remitly Global stock quotes can also be displayed as NASDAQ: RELY.

If you're new to stock investing, here's how to buy Remitly Global stock.

What is the 52 week high and low for Remitly Global (NASDAQ: RELY)?

(NASDAQ: RELY) Remitly Global's 52-week high was $27.95, and its 52-week low was $15.83. It is currently -33.45% from its 52-week high and 17.5% from its 52-week low.

How much is Remitly Global stock worth today?

(NASDAQ: RELY) Remitly Global currently has 188,505,173 outstanding shares. With Remitly Global stock trading at $18.60 per share, the total value of Remitly Global stock (market capitalization) is $3.51B.

Remitly Global stock was originally listed at a price of $48.45 in Sep 23, 2021. If you had invested in Remitly Global stock at $48.45, your return over the last 2 years would have been -61.61%, for an annualized return of -38.04% (not including any dividends or dividend reinvestments).

How much is Remitly Global's stock price per share?

(NASDAQ: RELY) Remitly Global stock price per share is $18.60 today (as of Apr 18, 2024).

What is Remitly Global's Market Cap?

(NASDAQ: RELY) Remitly Global's market cap is $3.51B, as of Apr 19, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Remitly Global's market cap is calculated by multiplying RELY's current stock price of $18.60 by RELY's total outstanding shares of 188,505,173.
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