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%)
Taking everything into account, NVEI scores 4 out of 10 in our fundamental rating. 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 has a correct valuation and a medium 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.
The reported net income has been mixed in the past 5 years: NVEI reported negative net income in multiple 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 75.00% of its industry peers.
With a Return On Equity value of -0.55%, NVEI is not doing good in the industry: 74.00% of the companies in the same industry are doing better.
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.
Measured over the past 3 years, the Average Return On Invested Capital for NVEI is below the industry average of 8.15%.
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.
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.
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.
The number of shares outstanding for NVEI remains at a similar level compared to 1 year ago.
Compared to 5 years ago, NVEI has more shares outstanding
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.
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.
A Debt/Equity ratio of 0.60 indicates that NVEI is somewhat dependend on debt financing.
NVEI has a Debt to Equity ratio of 0.60. This is comparable to the rest of the industry: NVEI outperforms 57.00% of 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 comparable to the rest of the 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
NVEI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 24.93% yearly.
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
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 20.85 indicates a rather expensive valuation of NVEI.
NVEI's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 25.56. NVEI is around the same levels.
A Price/Forward Earnings ratio of 13.27 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.
When comparing the Price/Forward Earnings ratio of NVEI to the average of the S&P500 Index (34.62), we can say 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.
NVEI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NVEI is cheaper than 76.00% of the companies in the same industry.
| 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.
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
With a Yearly Dividend Yield of 1.14%, NVEI has a reasonable but not impressive dividend return.
NVEI's Dividend Yield is a higher than the industry average which is at 4.67.
With a Dividend Yield of 1.14, NVEI pays less dividend than the S&P500 average, which is at 2.44.
| 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%.