WallStreetZenWallStreetZen

NASDAQ: RELY
Remitly Global Inc Stock

$25.22-0.16 (-0.63%)
Updated Sep 29, 2023
RELY Price
$25.22
Fair Value Price
N/A
Market Cap
$4.57B
52 Week Low
$8.94
52 Week High
$26.44
P/E
-43.48x
P/B
8.86x
P/S
4.22x
PEG
N/A
Dividend Yield
N/A
Revenue
$798.19M
Earnings
-$99.63M
Gross Margin
62.9%
Operating Margin
-12.27%
Profit Margin
-12.5%
Debt to Equity
0.52
Operating Cash Flow
-$183M
Beta
1.57
Next Earnings
Nov 2, 2023
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 (28)
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 is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
RELY is good value based on its book value relative to its share price (8.86x), compared to the US Software - Infrastructure industry average (10.84x)
P/B vs Industry Valuation
RELY is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more RELY due diligence checks available for Premium users.

Be the first to know about important RELY news, forecast changes, insider trades & much more!

RELY News

Valuation

RELY price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-43.48x
Industry
7.53x
Market
12.37x

RELY price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
8.86x
Industry
10.84x
RELY is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

RELY's financial health

Profit margin

Revenue
$234.0M
Net Income
-$18.9M
Profit Margin
-8.1%
RELY's cash and short-term investments... 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
$784.5M
Liabilities
$268.8M
Debt to equity
0.52
RELY's short-term assets ($679.17M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RELY's short-term assets ($679.17M) 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
-$51.9M
Investing
-$1.8M
Financing
$36.8M
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$4.57B-0.63%-43.48x8.86x
FOUR$4.54B+0.89%27.82x12.74x
TDC$4.50B-1.08%78.98x20.63x
FIVN$4.64B+0.44%-53.58x10.12x
HCP$4.43B+0.31%-18.26x3.74x

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 $26.44, and its 52-week low was $8.94. It is currently -4.61% from its 52-week high and 182.1% from its 52-week low.

How much is Remitly Global stock worth today?

(NASDAQ: RELY) Remitly Global currently has 181,198,646 outstanding shares. With Remitly Global stock trading at $25.22 per share, the total value of Remitly Global stock (market capitalization) is $4.57B.

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 -47.95%, for an annualized return of -27.85% (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 $25.22 today (as of Sep 29, 2023).

What is Remitly Global's Market Cap?

(NASDAQ: RELY) Remitly Global's market cap is $4.57B, as of Sep 30, 2023.

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 $25.22 by RELY's total outstanding shares of 181,198,646.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.