Nuvei Corporation (NVEI) Stock Fundamental Analysis
USA - NASDAQ:NVEI - CA67079A1021 - Common Stock
33.99 USD
+0.01 (+0.03%)
33.98 USD
-0.01 (-0.03%)
We assign a fundamental rating of 4 out of 10 to NVEI. NVEI was compared to 99 industry peers in the Financial Services industry. While NVEI is still in line with the averages on profitability rating, there are concerns on its financial health. NVEI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
NVEI had positive earnings in the past year.
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.
Each year in the past 5 years NVEI had a positive operating cash flow.
1.2 Ratios
NVEI has a worse Return On Assets (-0.22%) than 75.00% of its industry peers.
The Return On Equity of NVEI (-0.55%) is worse than 74.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.38%, NVEI is in the better half of 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 8.10%.
The last Return On Invested Capital (4.38%) for NVEI is above the 3 year average (3.66%), which is a sign of increasing profitability.
| 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
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.
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.
Compared to 1 year ago, NVEI has about the same amount of shares outstanding.
NVEI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NVEI has a worse debt to assets ratio.
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 comparable to the rest of the industry.
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.
With a Debt to FCF ratio value of 6.62, NVEI perfoms like the industry average, outperforming 56.00% of the companies in the same industry.
A Debt/Equity ratio of 0.60 indicates that NVEI is somewhat dependend on debt financing.
NVEI has a Debt to Equity ratio (0.60) which is in line with its industry peers.
| 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.
The Current ratio of NVEI (1.06) 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 (1.06) which is in line with its industry peers.
| 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
NVEI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.93% yearly.
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
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
The Price/Earnings ratio is 20.85, which indicates a rather expensive current valuation of NVEI.
NVEI's Price/Earnings ratio is in line with the industry average.
NVEI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.89, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 13.27, which indicates a correct valuation of NVEI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NVEI is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, NVEI is valued rather cheaply.
| 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.
76.00% of the companies in the same industry are more expensive than NVEI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.75 | ||
| EV/EBITDA | 9.74 |
4.3 Compensation for Growth
NVEI's 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%.
Compared to an average industry Dividend Yield of 4.67, NVEI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, NVEI's dividend is way lower than the S&P500 average.
| 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
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%
33.99
+0.01 (+0.03%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners76.04%
Inst Owner Change-59.34%
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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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.
What is the valuation status for NVEI stock?
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.
What are the PE and PB ratios of Nuvei Corporation (NVEI) stock?
The Price/Earnings (PE) ratio for Nuvei Corporation (NVEI) is 20.85 and the Price/Book (PB) ratio is 1.08.
Is the dividend of Nuvei Corporation sustainable?
The dividend rating of Nuvei Corporation (NVEI) is 1 / 10 and the dividend payout ratio is -492.49%.