Remitly Global, Inc. (RELY)

Services-Business Services, NEC

Latest Price

$24.21

TTM P/E

17.42

Normalized P/E

718.73

TTM Div Yield

Fwd Div Yield

Book Value

5.35

P/B Ratio

4.52

Valuation metrics

EPS: $0.31

Book value / share: $4.12

Formula: √(22.5 × EPS × BVPS)

Graham Number

$5.36

78% downside

Base FCF: $242M (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$87.36

+256% upside

EPS: $0.31

Target P/E: 18×

Formula: EPS × P/E

P/E Fair Value

$5.58

77% downside

87.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
FMR LLC	21.76M	$487.0M	10.28%	+11.03M	2026-06-30
BlackRock, Inc.	18.33M	$410.0M	8.66%	+3.64M	2026-06-30
Baillie Gifford & Co	12.38M	$277.0M	5.85%	+565.4K	2026-06-30
Vanguard Portfolio Management LLC	10.32M	$231.0M	4.88%	+2.86M	2026-06-30
Goldman Sachs Group Inc	8.63M	$193.0M	4.08%	+6.34M	2026-06-30
Vanguard Capital Management LLC	7.99M	$179.0M	3.78%	+467.5K	2026-06-30
State Street Corp	6.87M	$154.0M	3.25%	+2.99M	2026-06-30
Generation Investment Management LLP	4.89M	$109.0M	2.31%	-2.80M	2026-06-30
Geode Capital Management, LLC	4.76M	$106.0M	2.25%	+474.9K	2026-06-30
Marshall Wace, LLP	4.76M	$106.0M	2.25%	-1.64M	2026-06-30