Nuvei Corporation (NVEI) Fundamental Analysis & Valuation

NASDAQ:NVEI • CA67079A1021

33.99 USD
+0.01 (+0.03%)
At close: Nov 15, 2024
33.98 USD
-0.01 (-0.03%)
After Hours: 11/15/2024, 8:00:01 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This NVEI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Overall NVEI gets a fundamental rating of 4 out of 10. We evaluated NVEI against 98 industry peers in the Financial Services industry. There are concerns on the financial health of NVEI while its profitability can be described as average. NVEI has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

4

1. NVEI Profitability Analysis

1.1 Basic Checks

  • NVEI had positive earnings in the past year.
  • NVEI had a positive operating cash flow in the past year.
  • In multiple years NVEI reported negative net income over the last 5 years.
  • In the past 5 years NVEI always reported a positive cash flow from operatings.
NVEI Yearly Net Income VS EBIT VS OCF VS FCFNVEI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 0 100M -100M 200M

1.2 Ratios

  • NVEI's Return On Assets of -0.22% is on the low side compared to the rest of the industry. NVEI is outperformed by 75.00% of its industry peers.
  • NVEI has a worse Return On Equity (-0.55%) than 74.00% of its industry peers.
  • The Return On Invested Capital of NVEI (4.38%) is better than 67.00% of its industry peers.
  • NVEI had an Average Return On Invested Capital over the past 3 years of 3.66%. This is below the industry average of 8.33%.
  • The 3 year average ROIC (3.66%) for NVEI is below the current ROIC(4.38%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -0.22%
ROE -0.55%
ROIC 4.38%
ROA(3y)1.47%
ROA(5y)-0.97%
ROE(3y)2.53%
ROE(5y)-4.13%
ROIC(3y)3.66%
ROIC(5y)3.16%
NVEI Yearly ROA, ROE, ROICNVEI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 0 5 -5 -10 -15 -20

1.3 Margins

  • The Operating Margin of NVEI (14.71%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of NVEI has grown nicely.
  • With an excellent Gross Margin value of 81.09%, NVEI belongs to the best of the industry, outperforming 88.00% of the companies in the same industry.
  • NVEI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 14.71%
PM (TTM) N/A
GM 81.09%
OM growth 3Y-11.69%
OM growth 5Y34.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.42%
GM growth 5Y-0.86%
NVEI Yearly Profit, Operating, Gross MarginsNVEI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. NVEI Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NVEI is destroying value.
  • The number of shares outstanding for NVEI remains at a similar level compared to 1 year ago.
  • Compared to 1 year ago, NVEI has a worse debt to assets ratio.
NVEI Yearly Shares OutstandingNVEI Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 50M 100M
NVEI Yearly Total Debt VS Total AssetsNVEI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 1B 2B 3B 4B 5B

2.2 Solvency

  • NVEI has an Altman-Z score of 0.75. This is a bad value and indicates that NVEI is not financially healthy and even has some risk of bankruptcy.
  • NVEI has a Altman-Z score (0.75) which is in line with its industry peers.
  • The Debt to FCF ratio of NVEI is 6.62, which is on the high side as it means it would take NVEI, 6.62 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 6.62, NVEI is in line with its industry, outperforming 56.00% of the companies in the same industry.
  • NVEI has a Debt/Equity ratio of 0.60. This is a neutral value indicating NVEI is somewhat dependend on debt financing.
  • The Debt to Equity ratio of NVEI (0.60) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF 6.62
Altman-Z 0.75
ROIC/WACC0.54
WACC8.05%
NVEI Yearly LT Debt VS Equity VS FCFNVEI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

2.3 Liquidity

  • NVEI has a Current Ratio of 1.06. This is a normal value and indicates that NVEI is financially healthy and should not expect problems in meeting its short term obligations.
  • NVEI has a Current ratio (1.06) which is comparable to the rest of the industry.
  • NVEI has a Quick Ratio of 1.06. This is a normal value and indicates that NVEI is financially healthy and should not expect problems in meeting its short term obligations.
  • NVEI has a Quick ratio of 1.06. This is comparable to the rest of the industry: NVEI outperforms 51.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.06
Quick Ratio 1.06
NVEI Yearly Current Assets VS Current LiabilitesNVEI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 500M 1B 1.5B

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

6

3. NVEI Growth Analysis

3.1 Past

  • NVEI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.55%.
  • Looking at the last year, NVEI shows a very strong growth in Revenue. The Revenue has grown by 41.10%.
  • Measured over the past years, NVEI shows a very strong growth in Revenue. The Revenue has been growing by 51.38% on average per year.
EPS 1Y (TTM)-3.55%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-12.82%
Revenue 1Y (TTM)41.1%
Revenue growth 3Y46.95%
Revenue growth 5Y51.38%
Sales Q2Q%17.31%

3.2 Future

  • The Earnings Per Share is expected to grow by 24.93% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, NVEI will show a quite strong growth in Revenue. The Revenue will grow by 15.15% on average per year.
EPS Next Y16.94%
EPS Next 2Y23.1%
EPS Next 3Y24.93%
EPS Next 5YN/A
Revenue Next Year16.76%
Revenue Next 2Y16.19%
Revenue Next 3Y16.28%
Revenue Next 5Y15.15%

3.3 Evolution

  • Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
NVEI Yearly Revenue VS EstimatesNVEI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B
NVEI Yearly EPS VS EstimatesNVEI Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 1 2 3

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Find the best growth stocksShow best growing peers

5

4. NVEI Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 20.85, which indicates a rather expensive current valuation of NVEI.
  • NVEI's Price/Earnings is on the same level as the industry average.
  • NVEI is valuated rather cheaply when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
  • NVEI is valuated correctly with a Price/Forward Earnings ratio of 13.27.
  • NVEI's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 24.27. NVEI is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 20.85
Fwd PE 13.27
NVEI Price Earnings VS Forward Price EarningsNVEI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • NVEI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NVEI is cheaper than 77.00% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, NVEI is valued a bit cheaper than 76.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 11.75
EV/EBITDA 9.74
NVEI Per share dataNVEI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 30

4.3 Compensation for Growth

  • NVEI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as NVEI's earnings are expected to grow with 24.93% in the coming years.
PEG (NY)1.23
PEG (5Y)N/A
EPS Next 2Y23.1%
EPS Next 3Y24.93%

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

1

5. NVEI Dividend Analysis

5.1 Amount

  • NVEI has a Yearly Dividend Yield of 1.14%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.34, NVEI pays a bit more dividend than its industry peers.
  • Compared to the average S&P500 Dividend Yield of 1.82, NVEI is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.14%

5.2 History

  • NVEI does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
NVEI Yearly Dividends per shareNVEI Yearly Dividends per shareYearly Dividends per share 2023 2024 0.1 0.2 0.3 0.4

5.3 Sustainability

  • The earnings of NVEI are negative and hence is the payout ratio. NVEI will probably not be able to sustain this dividend level.
DP-492.49%
EPS Next 2Y23.1%
EPS Next 3Y24.93%
NVEI Yearly Income VS Free CF VS DividendNVEI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2017 2018 2019 2020 2021 2022 2023 0 100M -100M 200M

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Find the best dividend stocksShow peers with best dividend

NVEI Fundamentals: All Metrics, Ratios and Statistics

Nuvei Corporation

NASDAQ:NVEI (11/15/2024, 8:00:01 PM)

After market: 33.98 -0.01 (-0.03%)

33.99

+0.01 (+0.03%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)11-12
Earnings (Next)N/A
Inst Owners76.04%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.23B
Revenue(TTM)1.19B
Net Income(TTM)-11.38M
Analysts71.43
Price Target24.47 (-28.01%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.14%
Yearly Dividend0.2
Dividend Growth(5Y)N/A
DP-492.49%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-8.95%
Min EPS beat(2)-12.36%
Max EPS beat(2)-5.54%
EPS beat(4)1
Avg EPS beat(4)-4.7%
Min EPS beat(4)-12.36%
Max EPS beat(4)2.81%
EPS beat(8)3
Avg EPS beat(8)-2.76%
EPS beat(12)7
Avg EPS beat(12)0.38%
EPS beat(16)11
Avg EPS beat(16)20.11%
Revenue beat(2)2
Avg Revenue beat(2)1.27%
Min Revenue beat(2)0.79%
Max Revenue beat(2)1.75%
Revenue beat(4)2
Avg Revenue beat(4)-0.21%
Min Revenue beat(4)-2.24%
Max Revenue beat(4)1.75%
Revenue beat(8)3
Avg Revenue beat(8)-0.23%
Revenue beat(12)4
Avg Revenue beat(12)-0.68%
Revenue beat(16)8
Avg Revenue beat(16)0.75%
PT rev (1m)-2.06%
PT rev (3m)6.13%
EPS NQ rev (1m)-1.44%
EPS NQ rev (3m)-2.21%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-2%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)0.93%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)0.71%
Valuation
Industry RankSector Rank
PE 20.85
Fwd PE 13.27
P/S 1.71
P/FCF 11.75
P/OCF 8.79
P/B 1.08
P/tB N/A
EV/EBITDA 9.74
EPS(TTM)1.63
EY4.8%
EPS(NY)2.56
Fwd EY7.53%
FCF(TTM)2.89
FCFY8.51%
OCF(TTM)3.87
OCFY11.38%
SpS19.89
BVpS31.43
TBVpS-18.31
PEG (NY)1.23
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -0.22%
ROE -0.55%
ROCE 5.54%
ROIC 4.38%
ROICexc 4.62%
ROICexgc 877.2%
OM 14.71%
PM (TTM) N/A
GM 81.09%
FCFM 14.54%
ROA(3y)1.47%
ROA(5y)-0.97%
ROE(3y)2.53%
ROE(5y)-4.13%
ROIC(3y)3.66%
ROIC(5y)3.16%
ROICexc(3y)4.68%
ROICexc(5y)3.88%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)4.63%
ROCE(5y)4.01%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y0.77%
ROICexc growth 5Y37.85%
OM growth 3Y-11.69%
OM growth 5Y34.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.42%
GM growth 5Y-0.86%
F-Score6
Asset Turnover0.25
Health
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF 6.62
Debt/EBITDA 3.66
Cap/Depr 43.46%
Cap/Sales 4.91%
Interest Coverage 1.78
Cash Conversion 74.81%
Profit Quality N/A
Current Ratio 1.06
Quick Ratio 1.06
Altman-Z 0.75
F-Score6
WACC8.05%
ROIC/WACC0.54
Cap/Depr(3y)45.06%
Cap/Depr(5y)36.23%
Cap/Sales(3y)5.37%
Cap/Sales(5y)5.02%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.55%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-12.82%
EPS Next Y16.94%
EPS Next 2Y23.1%
EPS Next 3Y24.93%
EPS Next 5YN/A
Revenue 1Y (TTM)41.1%
Revenue growth 3Y46.95%
Revenue growth 5Y51.38%
Sales Q2Q%17.31%
Revenue Next Year16.76%
Revenue Next 2Y16.19%
Revenue Next 3Y16.28%
Revenue Next 5Y15.15%
EBIT growth 1Y79.36%
EBIT growth 3Y29.76%
EBIT growth 5Y103.21%
EBIT Next Year358.58%
EBIT Next 3Y86.76%
EBIT Next 5YN/A
FCF growth 1Y-23.34%
FCF growth 3Y35.49%
FCF growth 5Y95.67%
OCF growth 1Y-10.81%
OCF growth 3Y41.28%
OCF growth 5Y79.95%

Nuvei Corporation / NVEI FAQ

Can you provide the ChartMill fundamental rating for Nuvei Corporation?

ChartMill assigns a fundamental rating of 4 / 10 to NVEI.


Can you provide the valuation status for Nuvei Corporation?

ChartMill assigns a valuation rating of 5 / 10 to Nuvei Corporation (NVEI). This can be considered as Fairly Valued.


What is the profitability of NVEI stock?

Nuvei Corporation (NVEI) has a profitability rating of 4 / 10.


Can you provide the expected EPS growth for NVEI stock?

The Earnings per Share (EPS) of Nuvei Corporation (NVEI) is expected to grow by 16.94% in the next year.


Can you provide the dividend sustainability for NVEI stock?

The dividend rating of Nuvei Corporation (NVEI) is 1 / 10 and the dividend payout ratio is -492.49%.