Logo image of ADYEN.AS

ADYEN NV (ADYEN.AS) Stock Fundamental Analysis

AMS:ADYEN - Euronext Amsterdam - NL0012969182 - Common Stock - Currency: EUR

1593.6  -69 (-4.15%)

Fundamental Rating

7

ADYEN gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 50 industry peers in the Financial Services industry. ADYEN gets an excellent profitability rating and is at the same time showing great financial health properties. ADYEN shows excellent growth, but is valued quite expensive already. These ratings could make ADYEN a good candidate for growth and quality investing.


Dividend Valuation Growth Profitability Health

Quickly go to:

9

1. Profitability

1.1 Basic Checks

ADYEN had positive earnings in the past year.
ADYEN had a positive operating cash flow in the past year.
In the past 5 years ADYEN has always been profitable.
Each year in the past 5 years ADYEN had a positive operating cash flow.
ADYEN.AS Yearly Net Income VS EBIT VS OCF VS FCFADYEN.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

1.2 Ratios

ADYEN's Return On Assets of 8.10% is fine compared to the rest of the industry. ADYEN outperforms 78.00% of its industry peers.
ADYEN has a better Return On Equity (21.86%) than 84.00% of its industry peers.
The Return On Invested Capital of ADYEN (15.21%) is better than 88.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ADYEN is significantly above the industry average of 11.19%.
Industry RankSector Rank
ROA 8.1%
ROE 21.86%
ROIC 15.21%
ROA(3y)7.61%
ROA(5y)7.62%
ROE(3y)23.82%
ROE(5y)23.68%
ROIC(3y)19.04%
ROIC(5y)19.77%
ADYEN.AS Yearly ROA, ROE, ROICADYEN.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 10 20 30

1.3 Margins

With an excellent Profit Margin value of 41.07%, ADYEN belongs to the best of the industry, outperforming 82.00% of the companies in the same industry.
In the last couple of years the Profit Margin of ADYEN has grown nicely.
Looking at the Operating Margin, with a value of 39.04%, ADYEN belongs to the top of the industry, outperforming 84.00% of the companies in the same industry.
In the last couple of years the Operating Margin of ADYEN has grown nicely.
The Gross Margin of ADYEN (88.61%) is better than 92.00% of its industry peers.
In the last couple of years the Gross Margin of ADYEN has grown nicely.
Industry RankSector Rank
OM 39.04%
PM (TTM) 41.07%
GM 88.61%
OM growth 3Y52.88%
OM growth 5Y28.5%
PM growth 3Y73.56%
PM growth 5Y36.41%
GM growth 3Y66.84%
GM growth 5Y32.82%
ADYEN.AS Yearly Profit, Operating, Gross MarginsADYEN.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 20 40 60 80

More info and screens

8

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ADYEN is creating value.
ADYEN has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for ADYEN has been increased compared to 5 years ago.
ADYEN has a better debt/assets ratio than last year.
ADYEN.AS Yearly Shares OutstandingADYEN.AS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M
ADYEN.AS Yearly Total Debt VS Total AssetsADYEN.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B

2.2 Solvency

ADYEN has an Altman-Z score of 5.49. This indicates that ADYEN is financially healthy and has little risk of bankruptcy at the moment.
ADYEN has a Altman-Z score of 5.49. This is amongst the best in the industry. ADYEN outperforms 82.00% of its industry peers.
The Debt to FCF ratio of ADYEN is 0.13, which is an excellent value as it means it would take ADYEN, only 0.13 years of fcf income to pay off all of its debts.
ADYEN has a better Debt to FCF ratio (0.13) than 96.00% of its industry peers.
ADYEN has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ADYEN (0.04) is better than 88.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF 0.13
Altman-Z 5.49
ROIC/WACC2.07
WACC7.35%
ADYEN.AS Yearly LT Debt VS Equity VS FCFADYEN.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B

2.3 Liquidity

A Current Ratio of 1.55 indicates that ADYEN should not have too much problems paying its short term obligations.
ADYEN has a better Current ratio (1.55) than 72.00% of its industry peers.
A Quick Ratio of 1.54 indicates that ADYEN should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.54, ADYEN is in the better half of the industry, outperforming 76.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.55
Quick Ratio 1.54
ADYEN.AS Yearly Current Assets VS Current LiabilitesADYEN.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B

More info and screens

8

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 23.45% over the past year.
Measured over the past years, ADYEN shows a very strong growth in Earnings Per Share. The EPS has been growing by 39.19% on average per year.
ADYEN shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.89%.
ADYEN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.43% yearly.
EPS 1Y (TTM)23.45%
EPS 3Y38.13%
EPS 5Y39.19%
EPS Q2Q%23.61%
Revenue 1Y (TTM)20.89%
Revenue growth 3Y-20.01%
Revenue growth 5Y2.43%
Sales Q2Q%36.47%

3.2 Future

Based on estimates for the next years, ADYEN will show a very strong growth in Earnings Per Share. The EPS will grow by 25.39% on average per year.
The Revenue is expected to grow by 21.27% on average over the next years. This is a very strong growth
EPS Next Y32.84%
EPS Next 2Y29.94%
EPS Next 3Y28.99%
EPS Next 5Y25.39%
Revenue Next Year21.01%
Revenue Next 2Y23.44%
Revenue Next 3Y24.24%
Revenue Next 5Y21.27%

3.3 Evolution

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
ADYEN.AS Yearly Revenue VS EstimatesADYEN.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 2B 4B 6B 8B
ADYEN.AS Yearly EPS VS EstimatesADYEN.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 20 40 60 80

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 71.05, the valuation of ADYEN can be described as expensive.
Based on the Price/Earnings ratio, ADYEN is valued a bit more expensive than 66.00% of the companies in the same industry.
ADYEN's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 29.35.
With a Price/Forward Earnings ratio of 42.08, ADYEN can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, ADYEN is valued a bit more expensive than the industry average as 66.00% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of ADYEN to the average of the S&P500 Index (22.10), we can say ADYEN is valued expensively.
Industry RankSector Rank
PE 71.05
Fwd PE 42.08
ADYEN.AS Price Earnings VS Forward Price EarningsADYEN.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ADYEN is on the same level as its industry peers.
ADYEN's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 27.87
EV/EBITDA 41.86
ADYEN.AS Per share dataADYEN.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ADYEN does not grow enough to justify the current Price/Earnings ratio.
ADYEN has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ADYEN's earnings are expected to grow with 28.99% in the coming years.
PEG (NY)2.16
PEG (5Y)1.81
EPS Next 2Y29.94%
EPS Next 3Y28.99%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for ADYEN!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

ADYEN NV

AMS:ADYEN (3/7/2025, 7:00:00 PM)

1593.6

-69 (-4.15%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-13 2025-02-13/amc
Earnings (Next)08-13 2025-08-13
Inst Owners78.71%
Inst Owner ChangeN/A
Ins Owners7.35%
Ins Owner ChangeN/A
Market Cap50.18B
Analysts79.52
Price Target2013.3 (26.34%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)15.58%
PT rev (3m)20.15%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.47%
EPS NY rev (3m)0.36%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)-0.24%
Valuation
Industry RankSector Rank
PE 71.05
Fwd PE 42.08
P/S 22.28
P/FCF 27.87
P/OCF 26.83
P/B 11.86
P/tB 11.88
EV/EBITDA 41.86
EPS(TTM)22.43
EY1.41%
EPS(NY)37.87
Fwd EY2.38%
FCF(TTM)57.17
FCFY3.59%
OCF(TTM)59.39
OCFY3.73%
SpS71.54
BVpS134.38
TBVpS134.11
PEG (NY)2.16
PEG (5Y)1.81
Profitability
Industry RankSector Rank
ROA 8.1%
ROE 21.86%
ROCE 19.96%
ROIC 15.21%
ROICexc N/A
ROICexgc N/A
OM 39.04%
PM (TTM) 41.07%
GM 88.61%
FCFM 79.92%
ROA(3y)7.61%
ROA(5y)7.62%
ROE(3y)23.82%
ROE(5y)23.68%
ROIC(3y)19.04%
ROIC(5y)19.77%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)24.98%
ROCE(5y)25.94%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y52.88%
OM growth 5Y28.5%
PM growth 3Y73.56%
PM growth 5Y36.41%
GM growth 3Y66.84%
GM growth 5Y32.82%
F-Score8
Asset Turnover0.2
Health
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF 0.13
Debt/EBITDA 0.18
Cap/Depr 81.62%
Cap/Sales 3.1%
Interest Coverage 183.89
Cash Conversion 193.79%
Profit Quality 194.59%
Current Ratio 1.55
Quick Ratio 1.54
Altman-Z 5.49
F-Score8
WACC7.35%
ROIC/WACC2.07
Cap/Depr(3y)130.88%
Cap/Depr(5y)111.73%
Cap/Sales(3y)1.92%
Cap/Sales(5y)1.42%
Profit Quality(3y)324.81%
Profit Quality(5y)314.6%
High Growth Momentum
Growth
EPS 1Y (TTM)23.45%
EPS 3Y38.13%
EPS 5Y39.19%
EPS Q2Q%23.61%
EPS Next Y32.84%
EPS Next 2Y29.94%
EPS Next 3Y28.99%
EPS Next 5Y25.39%
Revenue 1Y (TTM)20.89%
Revenue growth 3Y-20.01%
Revenue growth 5Y2.43%
Sales Q2Q%36.47%
Revenue Next Year21.01%
Revenue Next 2Y23.44%
Revenue Next 3Y24.24%
Revenue Next 5Y21.27%
EBIT growth 1Y33.75%
EBIT growth 3Y22.28%
EBIT growth 5Y31.62%
EBIT Next Year50.13%
EBIT Next 3Y38.36%
EBIT Next 5Y33.08%
FCF growth 1Y-6.34%
FCF growth 3Y21.86%
FCF growth 5Y37.21%
OCF growth 1Y-7.48%
OCF growth 3Y22.53%
OCF growth 5Y37.25%