Nuvei Corporation (NVEI.CA) Fundamental Analysis & Valuation

TSX:NVEI • CA67079A1021

Current stock price

47.61 CAD
-0.26 (-0.54%)
Last:

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

4

1. NVEI.CA 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.
  • Each year in the past 5 years NVEI had a positive operating cash flow.
NVEI.CA Yearly Net Income VS EBIT VS OCF VS FCFNVEI.CA 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 has a Return On Assets of -0.22%. This is in the lower half of the industry: NVEI underperforms 73.53% of its industry peers.
  • NVEI has a Return On Equity of -0.55%. This is in the lower half of the industry: NVEI underperforms 73.53% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 3.99%, NVEI is doing worse than 61.76% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for NVEI is below the industry average of 6.74%.
  • The 3 year average ROIC (3.33%) for NVEI is below the current ROIC(3.99%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -0.22%
ROE -0.55%
ROIC 3.99%
ROA(3y)1.47%
ROA(5y)-0.97%
ROE(3y)2.53%
ROE(5y)-4.13%
ROIC(3y)3.33%
ROIC(5y)2.88%
NVEI.CA Yearly ROA, ROE, ROICNVEI.CA 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 worse than 76.47% of its industry peers.
  • NVEI's Operating Margin has improved in the last couple of years.
  • The Gross Margin of NVEI (81.09%) is better than 97.06% of its industry peers.
  • 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.CA Yearly Profit, Operating, Gross MarginsNVEI.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. NVEI.CA Health Analysis

2.1 Basic Checks

  • NVEI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, NVEI has about the same amount of shares outstanding.
  • Compared to 1 year ago, NVEI has a worse debt to assets ratio.
NVEI.CA Yearly Shares OutstandingNVEI.CA Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 50M 100M
NVEI.CA Yearly Total Debt VS Total AssetsNVEI.CA 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's Altman-Z score of 0.75 is on the low side compared to the rest of the industry. NVEI is outperformed by 79.41% of 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.
  • NVEI's Debt to FCF ratio of 6.62 is in line compared to the rest of the industry. NVEI outperforms 55.88% of its industry peers.
  • A Debt/Equity ratio of 0.60 indicates that NVEI is somewhat dependend on debt financing.
  • The Debt to Equity ratio of NVEI (0.60) is better than 67.65% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF 6.62
Altman-Z 0.75
ROIC/WACC0.5
WACC7.93%
NVEI.CA Yearly LT Debt VS Equity VS FCFNVEI.CA 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

  • 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 better than 67.65% of its industry peers.
  • 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.
  • With a decent Quick ratio value of 1.06, NVEI is doing good in the industry, outperforming 67.65% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.06
Quick Ratio 1.06
NVEI.CA Yearly Current Assets VS Current LiabilitesNVEI.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 500M 1B 1.5B

More info and screens

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

6

3. NVEI.CA Growth Analysis

3.1 Past

  • The earnings per share for NVEI have decreased by -3.55% in the last year.
  • The Revenue has grown by 41.10% in the past year. This is a very strong growth!
  • The Revenue has been growing by 51.38% on average over the past years. This is a very strong growth!
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
  • NVEI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.15% yearly.
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.
NVEI.CA Yearly Revenue VS EstimatesNVEI.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B
NVEI.CA Yearly EPS VS EstimatesNVEI.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 1 2 3

More info and screens

Find the best growth stocksShow best growing peers

5

4. NVEI.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • NVEI is valuated rather expensively with a Price/Earnings ratio of 20.88.
  • Based on the Price/Earnings ratio, NVEI is valued a bit cheaper than the industry average as 67.65% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 25.70. NVEI is around the same levels.
  • A Price/Forward Earnings ratio of 13.27 indicates a correct valuation of NVEI.
  • Based on the Price/Forward Earnings ratio, NVEI is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
  • The average S&P500 Price/Forward Earnings ratio is at 23.84. NVEI is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 20.88
Fwd PE 13.27
NVEI.CA Price Earnings VS Forward Price EarningsNVEI.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NVEI is valued cheaper than 97.06% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of NVEI indicates a somewhat cheap valuation: NVEI is cheaper than 73.53% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 11.75
EV/EBITDA 9.74
NVEI.CA Per share dataNVEI.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 40

4.3 Compensation for Growth

  • The 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%

More info and screens

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

0

5. NVEI.CA 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.
  • With a Dividend Yield of 1.14, NVEI pays less dividend than the industry average, which is at 5.99. 85.29% of the companies listed in the same industry pay a better dividend than NVEI!
  • NVEI's Dividend Yield is slightly below the S&P500 average, which is at 1.89.
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.CA Yearly Dividends per shareNVEI.CA Yearly Dividends per shareYearly Dividends per share 2023 2024 0.1 0.2 0.3 0.4

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%
NVEI.CA Yearly Income VS Free CF VS DividendNVEI.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2017 2018 2019 2020 2021 2022 2023 0 100M -100M 200M

More info and screens

Find the best dividend stocksShow peers with best dividend

NVEI.CA Fundamentals: All Metrics, Ratios and Statistics

Nuvei Corporation

TSX:NVEI (11/18/2024, 7:00:00 PM)

47.61

-0.26 (-0.54%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)11-12
Earnings (Next)N/A
Inst Owners21.2%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.13B
Revenue(TTM)1.19B
Net Income(TTM)-11.38M
Analysts71.43
Price Target33.79 (-29.03%)
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)0%
PT rev (3m)0%
EPS NQ rev (1m)-1.44%
EPS NQ rev (3m)-2.52%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.47%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)0.51%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.21%
Valuation
Industry RankSector Rank
PE 20.88
Fwd PE 13.27
P/S 1.71
P/FCF 11.75
P/OCF 8.78
P/B 1.08
P/tB N/A
EV/EBITDA 9.74
EPS(TTM)2.28
EY4.79%
EPS(NY)3.59
Fwd EY7.54%
FCF(TTM)4.05
FCFY8.51%
OCF(TTM)5.42
OCFY11.38%
SpS27.86
BVpS44.04
TBVpS-25.66
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 3.99%
ROICexc 4.21%
ROICexgc 799.47%
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)3.33%
ROIC(5y)2.88%
ROICexc(3y)4.27%
ROICexc(5y)3.54%
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
WACC7.93%
ROIC/WACC0.5
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.CA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for Nuvei Corporation?

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


Can you provide the valuation status for Nuvei Corporation?

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


What is the profitability of NVEI stock?

Nuvei Corporation (NVEI.CA) 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.CA) 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.CA) is 0 / 10 and the dividend payout ratio is -492.49%.