Nuvei Corporation (NVEI.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:NVEI - CA67079A1021 - Common Stock
47.61 CAD
-0.26 (-0.54%)
Taking everything into account, NVEI scores 4 out of 10 in our fundamental rating. NVEI was compared to 26 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 correct valuation and a medium 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's Return On Assets of -0.22% is on the low side compared to the rest of the industry. NVEI is outperformed by 73.53% of its industry peers.
With a Return On Equity value of -0.55%, NVEI is not doing good in the industry: 73.53% of the companies in the same industry are doing better.
NVEI has a Return On Invested Capital of 3.99%. This is in the lower half of the industry: NVEI underperforms 61.76% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NVEI is below the industry average of 5.80%.
The last Return On Invested Capital (3.99%) for NVEI is above the 3 year average (3.33%), which is a sign of increasing profitability.
| Industry Rank | Sector 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%
1.3 Margins
NVEI has a Operating Margin of 14.71%. This is in the lower half of the industry: NVEI underperforms 76.47% of its industry peers.
In the last couple of years the Operating Margin of NVEI has grown nicely.
NVEI has a better Gross Margin (81.09%) than 97.06% of its industry peers.
NVEI's Gross Margin has been stable in the last couple of years.
| 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.
NVEI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, NVEI has more shares outstanding
The debt/assets ratio for NVEI is higher compared to a year ago.
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.
NVEI has a worse Altman-Z score (0.75) than 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 has a Debt to FCF ratio (6.62) which 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.
Looking at the Debt to Equity ratio, with a value of 0.60, NVEI is in the better half of the industry, outperforming 67.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.6 | ||
| Debt/FCF | 6.62 | ||
| Altman-Z | 0.75 |
ROIC/WACC0.5
WACC7.93%
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.
Looking at the Current ratio, with a value of 1.06, NVEI is in the better half of the industry, outperforming 67.65% of the companies in the same industry.
A Quick Ratio of 1.06 indicates that NVEI should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.06, NVEI is in the better half of the industry, outperforming 67.65% 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%.
The Revenue has grown by 41.10% in the past year. This is a very strong growth!
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
Based on the Price/Earnings ratio of 20.88, the valuation of NVEI can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of NVEI indicates a somewhat cheap valuation: NVEI is cheaper than 67.65% of the companies listed in the same industry.
NVEI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.77.
NVEI is valuated correctly with a Price/Forward Earnings ratio of 13.27.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NVEI indicates a somewhat cheap valuation: NVEI is cheaper than 70.59% of the companies listed in the same industry.
NVEI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.88 | ||
| Fwd PE | 13.27 |
4.2 Price Multiples
NVEI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NVEI is cheaper than 97.06% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NVEI is valued a bit cheaper than 73.53% of the companies in the same industry.
| 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.
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%
5. Dividend
5.1 Amount
NVEI has a Yearly Dividend Yield of 1.14%.
With a Dividend Yield of 1.14, NVEI pays less dividend than the industry average, which is at 5.82. 85.29% of the companies listed in the same industry pay a better dividend than NVEI!
With a Dividend Yield of 1.14, NVEI pays less dividend than the S&P500 average, which is at 2.00.
| 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%
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)
Earnings (Next)
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 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)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 Rank | Sector 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 Rank | Sector 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 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
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 FAQ
Can you provide the ChartMill fundamental rating for Nuvei Corporation?
ChartMill assigns a fundamental rating of 4 / 10 to NVEI.CA.
What is the valuation status for NVEI stock?
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.
What are the PE and PB ratios of Nuvei Corporation (NVEI.CA) stock?
The Price/Earnings (PE) ratio for Nuvei Corporation (NVEI.CA) is 20.88 and the Price/Book (PB) ratio is 1.08.
Is the dividend of Nuvei Corporation sustainable?
The dividend rating of Nuvei Corporation (NVEI.CA) is 0 / 10 and the dividend payout ratio is -492.49%.