Nuvei Corporation (NVEI) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:NVEI • CA67079A1021

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
Fundamental Rating

4

Overall NVEI gets a fundamental rating of 4 out of 10. We evaluated NVEI against 97 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 is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

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.
  • In the past 5 years NVEI always reported a positive cash flow from operatings.
NVEI Yearly Net Income VS EBIT VS OCF VS FCFNVEI 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'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.
  • NVEI has a better Return On Invested Capital (4.38%) than 67.00% of its industry peers.
  • NVEI had an Average Return On Invested Capital over the past 3 years of 3.66%. This is below the industry average of 8.52%.
  • The 3 year average ROIC (3.66%) for NVEI is below the current ROIC(4.38%), indicating increased profibility in the last year.
Industry RankSector 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%
NVEI Yearly ROA, ROE, ROICNVEI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 0 5 -5 -10 -15 -20

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.
  • 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.
  • 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 Yearly Profit, Operating, Gross MarginsNVEI 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

3

2. Health

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.
  • NVEI has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 1 year ago, NVEI has a worse debt to assets ratio.
NVEI Yearly Shares OutstandingNVEI Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 50M 100M
NVEI Yearly Total Debt VS Total AssetsNVEI 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.
  • The Altman-Z score of NVEI (0.75) is comparable to the rest of the 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.
  • NVEI has a Debt to FCF ratio (6.62) which 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 (0.60) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.6
Debt/FCF 6.62
Altman-Z 0.75
ROIC/WACC0.54
WACC8.05%
NVEI Yearly LT Debt VS Equity VS FCFNVEI 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

  • 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.
  • NVEI has a Current ratio (1.06) which is in line with 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.
  • NVEI's Quick ratio of 1.06 is in line compared to the rest of the industry. NVEI outperforms 51.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.06
Quick Ratio 1.06
NVEI Yearly Current Assets VS Current LiabilitesNVEI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 500M 1B 1.5B

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6

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%.
  • NVEI shows a strong growth in Revenue. In the last year, the Revenue has grown by 41.10%.
  • NVEI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 51.38% yearly.
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.
NVEI Yearly Revenue VS EstimatesNVEI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B
NVEI Yearly EPS VS EstimatesNVEI Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 1 2 3

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5

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 20.85, the valuation of NVEI can be described as rather expensive.
  • NVEI's Price/Earnings is on the same level as the industry average.
  • When comparing the Price/Earnings ratio of NVEI to the average of the S&P500 Index (28.18), we can say NVEI is valued slightly cheaper.
  • The Price/Forward Earnings ratio is 13.27, which indicates a correct valuation of NVEI.
  • The rest of the industry has a similar Price/Forward Earnings ratio as NVEI.
  • The average S&P500 Price/Forward Earnings ratio is at 25.51. NVEI is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 20.85
Fwd PE 13.27
NVEI Price Earnings VS Forward Price EarningsNVEI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 77.00% of the companies in the same industry are more expensive than NVEI, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of NVEI indicates a somewhat cheap valuation: NVEI is cheaper than 76.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 11.75
EV/EBITDA 9.74
NVEI Per share dataNVEI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 30

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%

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1

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.
  • Compared to an average industry Dividend Yield of 1.99, NVEI pays a bit more dividend than its industry peers.
  • NVEI's Dividend Yield is slightly below the S&P500 average, which is at 1.83.
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 Yearly Dividends per shareNVEI Yearly Dividends per shareYearly Dividends per share 2023 2024 0.1 0.2 0.3 0.4

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

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Nuvei Corporation

NASDAQ:NVEI (11/15/2024, 8:00:01 PM)

After market: 33.98 -0.01 (-0.03%)

33.99

+0.01 (+0.03%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)11-12
Earnings (Next)N/A
Inst Owners76.04%
Inst Owner Change0%
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 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)-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 RankSector 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 RankSector 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 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
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.


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%.