ADYEN NV (ADYEN.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:ADYEN - NL0012969182 - Common Stock
1413.6 EUR
+31.4 (+2.27%)
We assign a fundamental rating of 6 out of 10 to ADYEN. ADYEN was compared to 58 industry peers in the Financial Services industry. Both the health and profitability get an excellent rating, making ADYEN a very profitable company, without any liquidiy or solvency issues. ADYEN is quite expensive at the moment. It does show a decent growth rate. These ratings could make ADYEN a good candidate for quality investing.
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.
- ADYEN had positive earnings in each of the past 5 years.
- Each year in the past 5 years ADYEN had a positive operating cash flow.
1.2 Ratios
- ADYEN has a Return On Assets of 7.15%. This is amongst the best in the industry. ADYEN outperforms 87.93% of its industry peers.
- With an excellent Return On Equity value of 21.32%, ADYEN belongs to the best of the industry, outperforming 84.48% of the companies in the same industry.
- ADYEN has a Return On Invested Capital of 15.30%. This is amongst the best in the industry. ADYEN outperforms 91.38% 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 8.80%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.15% | ||
| ROE | 21.32% | ||
| ROIC | 15.3% |
ROA(3y)7.6%
ROA(5y)7.44%
ROE(3y)22.46%
ROE(5y)22.95%
ROIC(3y)16.46%
ROIC(5y)18.16%
1.3 Margins
- Looking at the Profit Margin, with a value of 40.51%, ADYEN belongs to the top of the industry, outperforming 87.93% of the companies in the same industry.
- In the last couple of years the Profit Margin of ADYEN has grown nicely.
- ADYEN's Operating Margin of 40.52% is amongst the best of the industry. ADYEN outperforms 84.48% of its industry peers.
- ADYEN's Operating Margin has improved in the last couple of years.
- ADYEN has a Gross Margin of 88.47%. This is amongst the best in the industry. ADYEN outperforms 89.66% of its industry peers.
- In the last couple of years the Gross Margin of ADYEN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.52% | ||
| PM (TTM) | 40.51% | ||
| GM | 88.47% |
OM growth 3Y58.95%
OM growth 5Y29.15%
PM growth 3Y73.71%
PM growth 5Y36.03%
GM growth 3Y74.4%
GM growth 5Y34.53%
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 more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, ADYEN has more shares outstanding
- Compared to 1 year ago, ADYEN has an improved debt to assets ratio.
2.2 Solvency
- ADYEN has an Altman-Z score of 4.01. This indicates that ADYEN is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of ADYEN (4.01) is better than 81.03% of its industry peers.
- ADYEN has a debt to FCF ratio of 0.07. This is a very positive value and a sign of high solvency as it would only need 0.07 years to pay back of all of its debts.
- ADYEN has a Debt to FCF ratio of 0.07. This is amongst the best in the industry. ADYEN outperforms 93.10% 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.
- ADYEN's Debt to Equity ratio of 0.04 is amongst the best of the industry. ADYEN outperforms 84.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.07 | ||
| Altman-Z | 4.01 |
ROIC/WACC2.06
WACC7.44%
2.3 Liquidity
- ADYEN has a Current Ratio of 1.48. This is a normal value and indicates that ADYEN is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.48, ADYEN is in line with its industry, outperforming 58.62% of the companies in the same industry.
- A Quick Ratio of 1.47 indicates that ADYEN should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.47, ADYEN is in the better half of the industry, outperforming 63.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 19.62% over the past year.
- ADYEN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 34.72% yearly.
- ADYEN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.86%.
- The Revenue has been decreasing by -3.25% on average over the past years.
EPS 1Y (TTM)19.62%
EPS 3Y24.61%
EPS 5Y34.72%
EPS Q2Q%15.74%
Revenue 1Y (TTM)19.86%
Revenue growth 3Y-27.84%
Revenue growth 5Y-3.25%
Sales Q2Q%19.72%
3.2 Future
- ADYEN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.15% yearly.
- Based on estimates for the next years, ADYEN will show a quite strong growth in Revenue. The Revenue will grow by 19.67% on average per year.
EPS Next Y17.45%
EPS Next 2Y19.68%
EPS Next 3Y21.25%
EPS Next 5Y18.15%
Revenue Next Year19.9%
Revenue Next 2Y21.38%
Revenue Next 3Y21.22%
Revenue Next 5Y19.67%
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.
4. Valuation
4.1 Price/Earnings Ratio
- ADYEN is valuated quite expensively with a Price/Earnings ratio of 44.58.
- Compared to the rest of the industry, the Price/Earnings ratio of ADYEN is on the same level as its industry peers.
- When comparing the Price/Earnings ratio of ADYEN to the average of the S&P500 Index (27.54), we can say ADYEN is valued expensively.
- A Price/Forward Earnings ratio of 33.30 indicates a quite expensive valuation of ADYEN.
- 63.79% of the companies in the same industry are cheaper than ADYEN, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of ADYEN to the average of the S&P500 Index (24.31), we can say ADYEN is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.58 | ||
| Fwd PE | 33.3 |
4.2 Price Multiples
- ADYEN's Enterprise Value to EBITDA ratio is in line with the industry average.
- Based on the Price/Free Cash Flow ratio, ADYEN is valued a bit cheaper than the industry average as 67.24% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.88 | ||
| EV/EBITDA | 28.16 |
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 21.25% in the coming years.
PEG (NY)2.55
PEG (5Y)1.28
EPS Next 2Y19.68%
EPS Next 3Y21.25%
5. Dividend
5.1 Amount
- No dividends for ADYEN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
AMS:ADYEN (1/15/2026, 5:36:15 PM)
1413.6
+31.4 (+2.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)08-18 2025-08-18/amc
Earnings (Next)02-11 2026-02-11/amc
Inst Owners79.02%
Inst Owner ChangeN/A
Ins Owners7.34%
Ins Owner ChangeN/A
Market Cap44.56B
Revenue(TTM)2.46B
Net Income(TTM)996.51M
Analysts79.51
Price Target1848.24 (30.75%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0.21%
PT rev (3m)0.58%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.02%
EPS NY rev (3m)-0.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.58 | ||
| Fwd PE | 33.3 | ||
| P/S | 18.11 | ||
| P/FCF | 11.88 | ||
| P/OCF | 11.55 | ||
| P/B | 9.53 | ||
| P/tB | 9.55 | ||
| EV/EBITDA | 28.16 |
EPS(TTM)31.71
EY2.24%
EPS(NY)42.45
Fwd EY3%
FCF(TTM)119
FCFY8.42%
OCF(TTM)122.37
OCFY8.66%
SpS78.04
BVpS148.32
TBVpS148.06
PEG (NY)2.55
PEG (5Y)1.28
Graham Number325.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.15% | ||
| ROE | 21.32% | ||
| ROCE | 20.47% | ||
| ROIC | 15.3% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 40.52% | ||
| PM (TTM) | 40.51% | ||
| GM | 88.47% | ||
| FCFM | 152.49% |
ROA(3y)7.6%
ROA(5y)7.44%
ROE(3y)22.46%
ROE(5y)22.95%
ROIC(3y)16.46%
ROIC(5y)18.16%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)22.02%
ROCE(5y)24.3%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y58.95%
OM growth 5Y29.15%
PM growth 3Y73.71%
PM growth 5Y36.03%
GM growth 3Y74.4%
GM growth 5Y34.53%
F-Score5
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.07 | ||
| Debt/EBITDA | 0.17 | ||
| Cap/Depr | 91.46% | ||
| Cap/Sales | 4.32% | ||
| Interest Coverage | 65.58 | ||
| Cash Conversion | 346.59% | ||
| Profit Quality | 376.4% | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 4.01 |
F-Score5
WACC7.44%
ROIC/WACC2.06
Cap/Depr(3y)111.44%
Cap/Depr(5y)113.24%
Cap/Sales(3y)3.12%
Cap/Sales(5y)2.17%
Profit Quality(3y)257.28%
Profit Quality(5y)305.77%
High Growth Momentum
Growth
EPS 1Y (TTM)19.62%
EPS 3Y24.61%
EPS 5Y34.72%
EPS Q2Q%15.74%
EPS Next Y17.45%
EPS Next 2Y19.68%
EPS Next 3Y21.25%
EPS Next 5Y18.15%
Revenue 1Y (TTM)19.86%
Revenue growth 3Y-27.84%
Revenue growth 5Y-3.25%
Sales Q2Q%19.72%
Revenue Next Year19.9%
Revenue Next 2Y21.38%
Revenue Next 3Y21.22%
Revenue Next 5Y19.67%
EBIT growth 1Y32.48%
EBIT growth 3Y14.7%
EBIT growth 5Y24.96%
EBIT Next Year38.3%
EBIT Next 3Y30.65%
EBIT Next 5Y24.95%
FCF growth 1Y344.47%
FCF growth 3Y-3.16%
FCF growth 5Y25.77%
OCF growth 1Y302.15%
OCF growth 3Y-2.16%
OCF growth 5Y26.35%
ADYEN NV / ADYEN.AS FAQ
What is the ChartMill fundamental rating of ADYEN NV (ADYEN.AS) stock?
ChartMill assigns a fundamental rating of 6 / 10 to ADYEN.AS.
Can you provide the valuation status for ADYEN NV?
ChartMill assigns a valuation rating of 3 / 10 to ADYEN NV (ADYEN.AS). This can be considered as Overvalued.
What is the profitability of ADYEN stock?
ADYEN NV (ADYEN.AS) has a profitability rating of 9 / 10.
What is the valuation of ADYEN NV based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ADYEN NV (ADYEN.AS) is 44.58 and the Price/Book (PB) ratio is 9.53.
What is the earnings growth outlook for ADYEN NV?
The Earnings per Share (EPS) of ADYEN NV (ADYEN.AS) is expected to grow by 17.45% in the next year.