Stock fact sheet · data as of
EZCORP, Inc. (EZPW): fair value, margin of safety and Wheel Score
Ticker symbol EZPW · Financial Services · Financial - Credit Services · United States · Class A common stock · Blend
EZPW is EZCORP, Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is EZPW undervalued?
EZCORP, Inc. (EZPW) closed at 29.52 on 5 Nov 2026. The GLS average fair value - the simple average of the 8 valuation models that produced a positive number - is 64.16, which puts the price 54% below it. 7 of the 8 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
The 8 models disagree widely: EPV gives 28.59 while GLS Growth gives 142.96. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for EZPW, so the nightly engine files it under Blend (value score 65, growth score 64, out of 100).
Nine valuation models for EZPW
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 43.49 | +47% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 33.10 | +12% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 80.20 | +172% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 30.08 | +2% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 142.96 | +384% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 67.41 | +128% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 87.48 | +196% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 28.59 | -3% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 3.42 | -88% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 43.33 | +47% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - EZPW passes 5 of the nine Piotroski tests, which falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 6.0 out of 10: a record that is solid on some of the four parts the score weighs (returns on capital, pricing power, lasting growth, balance sheet) and weaker on others.
Returns on capital are moderate - ROIC 6.1%, ROE 10.7%, ROA 5.6% - with debt at 0.75 times equity and a free-cash-flow yield of 8.1%.
EZCORP, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Merchandise 58%, Pawn Service 42%, Product and Service, Other 0% (quarter Q3 FY2026).
Institutional ownership scores 10/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 6.1% |
|---|---|---|---|
| GLS Moat | 6.0 / 10 | ROE | 10.7% |
| Debt / equity | 0.75 | ROA | 5.6% |
| Free-cash-flow yield | 8.1% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 51: Fair
EZPW scores 51 out of 100 on the Wheel Score (Fair band, 50-69) because it fails filter 4, financially healthy - Piotroski 5/9 (under 6). A stock must pass all 9 Wheel Trade Filters to reach 70. Otherwise the parts read: value strong, premium strong, moat good, health fair, red flags strong, option trading weak, stability fair.
Implied volatility is 56% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 7,224 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 540k shares a day on a market cap of $1.7B, with a beta of 0.76 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 5/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 54% below fair value | |
| Premium | Strong | implied volatility 56% | |
| Moat | Good | moat 6.0/10 | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Strong | Red Flags score 95/100 | |
| Option trading | Weak | 257 contracts a day, 7,224 open interest | |
| Stability | Fair | beta 0.76, $1.7B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
EZCORP, Inc. reports earnings on 18 Nov 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Financial - Credit Services
The 12 companies below are the closest to EZCORP, Inc. by market cap within the Financial - Credit Services industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| PRG PROG Holdings, Inc. | 39.89 | 140.44 | +72% | 48Weak | $1.6B |
| AGM Federal Agricultural Mortgage | 205.58 | 332.98 | +38% | 80Good | $1.9B |
| ATLC Atlanticus Holdings Corporation | 99.75 | 502.10 | +80% | 34No options | $1.5B |
| ATLCL Atlanticus Holdings Corporation 6.125% Senior Notes due 2026 | 25.02 | 275.65 | +91% | 26No options | $1.5B |
| ATLCZ Atlanticus Holdings Corporation 9.25% Senior Notes due 2029 | 25.22 | 271.56 | +91% | 28No options | $1.5B |
| WU The Western Union Company | 6.59 | 20.66 | +68% | 53Fair | $2.1B |
| ECPG Encore Capital Group, Inc. | 99.93 | 169.79 | +41% | 50Fair | $2.1B |
| UPST Upstart Holdings, Inc. | 23.38 | 22.86 | -2% | 29Weak | $2.3B |
| ATLCP Atlanticus Holdings Corporation | 20.88 | 258.14 | +92% | 34No options | $1.3B |
| JCAP Jefferson Capital, Inc. Common Stock | 20.64 | 75.43 | +73% | 49Weak | $1.2B |
| TRNI Trinity Capital Inc. | 25.15 | 75.63 | +67% | 26No options | $1.1B |
| RWAYI Runway Growth Finance Corp. 7.25% Notes due 2031 | 24.81 | 26.78 | +7% | 15No options | $903M |
⚖ Compare EZPW with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about EZPW
What kind of share is EZPW?
EZPW is EZCORP, Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is EZPW undervalued right now?
By the GLS models, yes: at 29.52 the stock is 54% below the average fair value of 64.16 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of EZPW and what does it mean?
EZPW scores 51 out of 100 (Fair) - it fails Wheel Trade Filter 4. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for EZPW?
64.16 per share as of 5 Nov 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does EZCORP, Inc. report earnings next?
The next earnings report is due on 18 Nov 2026 (after the close), 13 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does EZPW have listed options, and how liquid are they?
Yes. The nightly snapshot found 40 listed contracts with 7,224 open interest across all expiries and implied volatility of 56% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.