ADYEN NV (ADYEN.AS) Stock Fundamental Analysis

AMS:ADYEN • NL0012969182

964.1 EUR
+31.6 (+3.39%)
Last: Feb 25, 2026, 05:36 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to ADYEN. ADYEN was compared to 56 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 has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year ADYEN was profitable.
  • ADYEN had a positive operating cash flow in the past year.
  • ADYEN had positive earnings in 4 of the past 5 years.
  • Of the past 5 years ADYEN 4 years 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

1.2 Ratios

  • ADYEN's Return On Assets of 7.15% is amongst the best of the industry. ADYEN outperforms 91.07% of its industry peers.
  • The Return On Equity of ADYEN (21.32%) is better than 85.71% of its industry peers.
  • The Return On Invested Capital of ADYEN (15.30%) is better than 92.86% of its industry peers.
  • ADYEN had an Average Return On Invested Capital over the past 3 years of 16.46%. This is significantly above the industry average of 8.48%.
Industry RankSector 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%
ADYEN.AS Yearly ROA, ROE, ROICADYEN.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • The Profit Margin of ADYEN (40.51%) is better than 89.29% of its industry peers.
  • In the last couple of years the Profit Margin of ADYEN has grown nicely.
  • The Operating Margin of ADYEN (40.52%) is better than 85.71% of its industry peers.
  • ADYEN's Operating Margin has improved in the last couple of years.
  • The Gross Margin of ADYEN (88.47%) is better than 89.29% of its industry peers.
  • ADYEN's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
ADYEN.AS Yearly Profit, Operating, Gross MarginsADYEN.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • ADYEN has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • There is no outstanding debt for ADYEN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
ADYEN.AS Yearly Shares OutstandingADYEN.AS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
ADYEN.AS Yearly Total Debt VS Total AssetsADYEN.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

  • An Altman-Z score of 3.10 indicates that ADYEN is not in any danger for bankruptcy at the moment.
  • ADYEN has a better Altman-Z score (3.10) than 80.36% 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.
  • With an excellent Debt to FCF ratio value of 0.07, ADYEN belongs to the best of the industry, outperforming 94.64% of the companies in the same industry.
  • A Debt/Equity ratio of 0.04 indicates that ADYEN is not too dependend on debt financing.
  • ADYEN has a better Debt to Equity ratio (0.04) than 87.50% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.04
Debt/FCF 0.07
Altman-Z 3.1
ROIC/WACC2.06
WACC7.44%
ADYEN.AS Yearly LT Debt VS Equity VS FCFADYEN.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 1.48 indicates that ADYEN should not have too much problems paying its short term obligations.
  • ADYEN has a Current ratio of 1.48. This is in the better half of the industry: ADYEN outperforms 60.71% of its industry peers.
  • A Quick Ratio of 1.47 indicates that ADYEN should not have too much problems paying its short term obligations.
  • ADYEN's Quick ratio of 1.47 is fine compared to the rest of the industry. ADYEN outperforms 64.29% of its industry peers.
Industry RankSector Rank
Current Ratio 1.48
Quick Ratio 1.47
ADYEN.AS Yearly Current Assets VS Current LiabilitesADYEN.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • ADYEN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.43%, which is quite good.
  • ADYEN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 31.62% yearly.
EPS 1Y (TTM)13.43%
EPS 3Y22.77%
EPS 5Y31.62%
EPS Q2Q%11.58%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%17.36%

3.2 Future

  • The Earnings Per Share is expected to grow by 18.35% on average over the next years. This is quite good.
  • Based on estimates for the next years, ADYEN will show a quite strong growth in Revenue. The Revenue will grow by 18.86% on average per year.
EPS Next Y26.06%
EPS Next 2Y25.27%
EPS Next 3Y21.61%
EPS Next 5Y18.35%
Revenue Next Year20.71%
Revenue Next 2Y20.45%
Revenue Next 3Y20.14%
Revenue Next 5Y18.86%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
ADYEN.AS Yearly Revenue VS EstimatesADYEN.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2B 4B 6B 8B
ADYEN.AS Yearly EPS VS EstimatesADYEN.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 20 40 60 80

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 28.68, ADYEN can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of ADYEN is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Earnings ratio of 26.98, ADYEN is valued at the same level.
  • With a Price/Forward Earnings ratio of 22.75, ADYEN is valued on the expensive side.
  • Based on the Price/Forward Earnings ratio, ADYEN is valued a bit more expensive than 60.71% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of ADYEN to the average of the S&P500 Index (28.01), we can say ADYEN is valued inline with the index average.
Industry RankSector Rank
PE 28.68
Fwd PE 22.75
ADYEN.AS Price Earnings VS Forward Price EarningsADYEN.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

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.
  • Based on the Price/Free Cash Flow ratio, ADYEN is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 8.11
EV/EBITDA 15.44
ADYEN.AS Per share dataADYEN.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100

4.3 Compensation for Growth

  • ADYEN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The excellent profitability rating of ADYEN may justify a higher PE ratio.
  • A more expensive valuation may be justified as ADYEN's earnings are expected to grow with 21.61% in the coming years.
PEG (NY)1.1
PEG (5Y)0.91
EPS Next 2Y25.27%
EPS Next 3Y21.61%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for ADYEN!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ADYEN NV

AMS:ADYEN (2/25/2026, 5:36:15 PM)

964.1

+31.6 (+3.39%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-12
Earnings (Next)08-12
Inst Owners79.02%
Inst Owner ChangeN/A
Ins Owners7.34%
Ins Owner ChangeN/A
Market Cap30.41B
Revenue(TTM)N/A
Net Income(TTM)996.51M
Analysts80.95
Price Target1837.12 (90.55%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)-0.39%
PT rev (3m)-0.3%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.23%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.04%
Valuation
Industry RankSector Rank
PE 28.68
Fwd PE 22.75
P/S 12.36
P/FCF 8.11
P/OCF 7.88
P/B 6.5
P/tB 6.52
EV/EBITDA 15.44
EPS(TTM)33.62
EY3.49%
EPS(NY)42.38
Fwd EY4.4%
FCF(TTM)118.92
FCFY12.34%
OCF(TTM)122.29
OCFY12.68%
SpS77.99
BVpS148.23
TBVpS147.96
PEG (NY)1.1
PEG (5Y)0.91
Graham Number334.85
Profitability
Industry RankSector 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 RankSector 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 3.1
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)13.43%
EPS 3Y22.77%
EPS 5Y31.62%
EPS Q2Q%11.58%
EPS Next Y26.06%
EPS Next 2Y25.27%
EPS Next 3Y21.61%
EPS Next 5Y18.35%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%17.36%
Revenue Next Year20.71%
Revenue Next 2Y20.45%
Revenue Next 3Y20.14%
Revenue Next 5Y18.86%
EBIT growth 1Y32.48%
EBIT growth 3Y14.7%
EBIT growth 5Y24.96%
EBIT Next Year38.3%
EBIT Next 3Y30.65%
EBIT Next 5Y24.34%
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 4 / 10 to ADYEN NV (ADYEN.AS). This can be considered as Fairly Valued.


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 28.68 and the Price/Book (PB) ratio is 6.5.


What is the earnings growth outlook for ADYEN NV?

The Earnings per Share (EPS) of ADYEN NV (ADYEN.AS) is expected to grow by 26.06% in the next year.