Remitly Global, Inc. RELY
Business Services · IPO 2021 · data as of November 13, 2026
Remitly Global, Inc. (RELY) is a consumer discretionary company listed in the US with a market value of about $4.8B. In the twelve months to September 30, 2026 it had revenue of $1.9B and net income of $364M, a net margin of 19.1%.
Its overall Stock Analiz score is 2.6 out of 5 (average). The strongest part is financial health (5/5); the weakest is shareholder returns (0/5).
Key numbers: a P/E of 13.7, a price to free cash flow of 12.2, 5-year revenue growth of 45% a year, a 5-year average ROIC of -7%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 4% below the current price.
Score: 2.6 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- ROE above 15%
- Pays a dividend
Valuation
Growth and quality
Financials, last 7 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B | $1.6B | $1.3B | $944M | $654M | $459M | $257M | $127M |
| Net income | $364M | $68M | -$37M | -$118M | -$114M | -$39M | -$33M | -$51M |
| Free cash flow | $395M | $296M | $106M | $64M | -$112M | -$20M | -$116M | $3M |
| EPS (diluted) | $1.65 | $0.31 | $-0.19 | $-0.65 | $-0.68 | $-0.64 | $-1.52 | $-2.98 |
| Net margin | 19.1% | 4.2% | -2.9% | -12.5% | -17.4% | -8.5% | -12.7% | -40.6% |
| ROIC | — | 6.9% | -4.5% | -13.4% | -19.5% | -6.5% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 9 analysts is $32.00, 42% above the current price; targets range from $29.00 to $36.00; the consensus rating is “Strong buy”; expected EPS is $1.99 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Remitly Global’s P/E ratio?
About 13.7, based on the last twelve months of diluted earnings per share (forward P/E about 14.0).
Is Remitly Global stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 4% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Remitly Global pay a dividend?
Not currently.
Is Remitly Global a good stock to buy?
We do not give buy or sell advice. Remitly Global scores 2.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.