OPFI
OppFi Inc.
Next earnings Aug 4, 2026 · consensus $0.46 EPS, $160M rev
Last earnings +1.4% on 2026-05-07
$9.96
▲ +5.73%$9.96▼ -31.83%
over 1Y
L $7.52H $14.61
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+5.7%
1W+6.4%
1M+19.1%
3M+32.4%
YTD-3.3%
1Y-31.8%
Buy
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 9 analysts
Buy
Cheap, profitable subprime lender at 9.5x earnings with 45% ROE and 13.5% revenue growth; regulatory and leverage risk cap conviction.
P/E (price / FY diluted EPS) 9.5 · FY2025
The read
Quality fundamentals and an attractive price line up (~278% below fair value) — the rarer case where both the business and the entry look good.
OppFi is a tech-enabled, bank-partner subprime installment lender (avg new loan ~$1,950, ~11-month term) that is firing on the metrics that matter for a balance-sheet lender. FY2025 total revenue rose 13.5% to $597.1M on 12.2% origination growth to $899.3M, operating income jumped 76.3% to $167M, and operating cash flow was a hefty $401M. Returns are genuinely strong: 45% ROE and GAAP diluted EPS of $0.99 (up 175%). At $9.42 that is a 9.5x P/E, and on the company's own Adjusted EPS of $1.59 it is under 6x — an undemanding price for a business compounding earnings and now returning capital via a growing dividend ($6.41M) and stepped-up buybacks ($15.5M, +337%). For a value-oriented holder, the price already discounts a lot of bad news, which is where the asymmetry comes from.
Two things demand caution before sizing this aggressively. First, mind the income figures: the $146.2M net income / 74.4% growth cited in the MD&A is consolidated, while the GAAP figure attributable to OppFi Inc. shareholders (the Class A share you'd buy) is the $26.3M / $0.99 EPS in the XBRL data — the Up-C structure routes most economics to non-controlling interests, so the EPS-based 9.5x is the honest public-shareholder multiple. Second, this is a lender with a thin equity base ($58.5M), negative retained earnings (-$33.5M), and 7.6x liabilities/equity funded by warehouse facilities — leverage that is normal for the model but leaves little cushion if credit sours.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 30, 2026, 6:29 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Gross profit | — | — | — | — | — |
| Operating income | $57.3M | -$6.34M | $46.4M | $94.5M | $167M |
| Net income | $25.6M | $7.10M | -$1.00M | $7.26M | $26.3M |
| Diluted EPS | $0.48 | $0.05 | -$0.06 | $0.36 | $0.99 |
| Net margin | — | — | — | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$1.44B
EV / EBITDA8.4
EV / Sales—
EV / FCF3.8
P / FCF3.8
PEG (trailing)0.04
Earnings yield1.8%
FCF yield26.6%
Quality & risk
ROIC (est.)121.4%
Free cash flow$382M
Total debt$50.0M
Net cash-$549K
Capital returns
Buyback yield1.1%
Dividend yield (est.)0.4%
Shareholder yield1.5%
Shares Δ YoY+31.6%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has been improving.
- 8-K Reg FD disclosure2026-06-16
Reg FD: investor presentation/conference materials furnished, no new financials
- 8-K Shareholder vote2026-06-10
Annual meeting results: director elections and say-on-pay vote outcomes filed
- 8-K Earnings results2026-05-07
Q1'26 10-Q: receivables/originations growth and profitability sustained
- 10-Q Quarterly report2026-05-07
Q1'26 10-Q: receivables/originations growth and profitability sustained
- 8-K Agreement terminated2026-04-29
New material agreement + unregistered equity issuance (3.02); prior deal terminated
- DEF 14A Proxy statement2026-04-28
- 8-K Agreement terminated2026-04-16
Refinanced credit facility: new debt obligation created, prior facility terminated
- 10-K Annual report2026-03-12
FY25: revenue +13.5% to $597M, EPS $0.99, originations +12.2%; record profit
- 8-K Earnings results2026-03-11
FY25/Q4 earnings: revenue +13.5%, adj EPS $1.59; strong full-year beat
Recent filings
all on EDGAR ↗4Period ending 2026-06-152026-06-17open ↗4Period ending 2026-06-122026-06-16open ↗8-KPeriod ending 2026-06-162026-06-16open ↗144Filing2026-06-15open ↗144Filing2026-06-12open ↗8-KPeriod ending 2026-06-092026-06-10open ↗4Period ending 2026-06-092026-06-10open ↗4Period ending 2026-06-092026-06-10open ↗4Period ending 2026-06-092026-06-10open ↗4Period ending 2026-06-092026-06-10open ↗4Period ending 2026-06-082026-06-10open ↗144Filing2026-06-08open ↗
Frequently asked
- Is OppFi Inc. (OPFI) a buy?
- OPFI currently carries a Buy rating with 3/5 conviction, derived from its latest SEC filings. Cheap, profitable subprime lender at 9.5x earnings with 45% ROE and 13.5% revenue growth; regulatory and leverage risk cap conviction.
- What is OPFI's fair value?
- A Modified-Graham model based on OPFI's SEC fundamentals estimates a fair value of about $37.62. It is an estimate from reported earnings, not a price target.
- Is OPFI overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, OPFI currently appears undervalued relative to its SEC-grounded earnings power.
- What is OppFi Inc.'s quality score?
- OPFI scores 80.15004101166309/100 (grade A-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001818502, latest 10-Q filed 2026-05-07) · EODHD · Proprietary analysis · as of 6/30/2026, 10:29:25 AM.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.