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
Taking everything into account, NVEI scores 4 out of 10 in our fundamental rating. NVEI was compared to 97 industry peers in the Financial Services industry. NVEI has a medium profitability rating, but doesn't score so well on its financial health evaluation. NVEI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year NVEI was profitable.
- In the past year NVEI had a positive cash flow from operations.
- In multiple years NVEI reported negative net income over the last 5 years.
- NVEI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of -0.22%, NVEI is doing worse than 75.00% of the companies in the same industry.
- Looking at the Return On Equity, with a value of -0.55%, NVEI is doing worse than 74.00% of the companies in the same industry.
- With a decent Return On Invested Capital value of 4.38%, NVEI is doing good in the industry, outperforming 67.00% of the companies in the same industry.
- NVEI had an Average Return On Invested Capital over the past 3 years of 3.66%. This is below the industry average of 8.50%.
- The 3 year average ROIC (3.66%) for NVEI is below the current ROIC(4.38%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- NVEI has a Operating Margin of 14.71%. This is comparable to the rest of the industry: NVEI outperforms 52.00% of its industry peers.
- NVEI's Operating Margin has improved in the last couple of years.
- NVEI's Gross Margin of 81.09% is amongst the best of the industry. NVEI outperforms 88.00% of its industry peers.
- In the last couple of years the Gross Margin of NVEI has remained more or less at the same level.
| Industry Rank | Sector 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%
2. Health
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.
- NVEI has a worse debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.75, we must say that NVEI is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.75, NVEI perfoms like the industry average, outperforming 54.00% of the companies in the same industry.
- NVEI has a debt to FCF ratio of 6.62. This is a slightly negative value and a sign of low solvency as NVEI would need 6.62 years to pay back of all of its debts.
- The Debt to FCF ratio of NVEI (6.62) is comparable to the rest of the industry.
- NVEI has a Debt/Equity ratio of 0.60. This is a neutral value indicating NVEI is somewhat dependend on debt financing.
- NVEI has a Debt to Equity ratio (0.60) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 6.62 | ||
| Altman-Z | 0.75 |
ROIC/WACC0.54
WACC8.05%
2.3 Liquidity
- A Current Ratio of 1.06 indicates that NVEI should not have too much problems paying its short term obligations.
- NVEI has a Current ratio of 1.06. This is comparable to the rest of the industry: NVEI outperforms 49.00% of its industry peers.
- A Quick Ratio of 1.06 indicates that NVEI should not have too much problems paying its short term obligations.
- With a Quick ratio value of 1.06, NVEI perfoms like the industry average, outperforming 51.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
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
- Based on estimates for the next years, NVEI will show a very strong growth in Earnings Per Share. The EPS will grow by 24.93% on average per year.
- The Revenue is expected to grow by 15.15% on average over the next years. This is quite good.
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
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 20.85, NVEI is valued on the expensive side.
- The rest of the industry has a similar Price/Earnings ratio as NVEI.
- The average S&P500 Price/Earnings ratio is at 28.32. NVEI is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 13.27, the valuation of NVEI can be described as correct.
- The rest of the industry has a similar Price/Forward Earnings ratio as NVEI.
- NVEI is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.85 | ||
| Fwd PE | 13.27 |
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 the industry average as 76.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.75 | ||
| EV/EBITDA | 9.74 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- NVEI's earnings are expected to grow with 24.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.23
PEG (5Y)N/A
EPS Next 2Y23.1%
EPS Next 3Y24.93%
5. Dividend
5.1 Amount
- NVEI has a Yearly Dividend Yield of 1.14%. Purely for dividend investing, there may be better candidates out there.
- NVEI's Dividend Yield is a higher than the industry average which is at 1.98.
- NVEI's Dividend Yield is slightly below the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
5.2 History
- NVEI is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- NVEI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-492.49%
EPS Next 2Y23.1%
EPS Next 3Y24.93%
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%.