NASDAQ
According to Zyberno, Remitly Global, Inc. (RELY) shows a Value Trap signal — GREAT BUSINESS (85/100) with an apparent Margin of Safety of +28.6%, but a Brina Gap of -15.4% reveals the current price still assumes faster growth than the business can deliver.
According to Zyberno's DCF model, Remitly Global, Inc. (RELY) trades at $26.55 against an estimated intrinsic value per share of $37.18 — a +28.6% Margin of Safety based on Owner Earnings of $251.91M TTM, projected at 42.0% growth for 10 years with a 2.5% terminal growth rate. The Brina Gap of -15.4% weakens the case: based on the company's ROIC (26.7%) and reinvestment rate (3.4%), the business can fundamentally grow at 0.9% — but the current enterprise value implies the market expects 16.3%. This places RELY in the Value Trap quadrant of the Brina Matrix — a value-trap signal where the apparent discount is undermined by overpriced growth expectations. Zyberno's model translates this into a 5-year expected return of 28.4% annually.
Over the trailing twelve months, RELY generated $251.91M in Owner Earnings. Capital was deployed as follows: $42.50M returned via share buybacks, $21.46M invested in capital expenditures. Reinvestment rate: 3.4%. Owner Earnings have grown at 42.0% annually over the trailing five years using log-linear regression.