NUVEI CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 44.2 CAD | +0.41% |
|
+0.41% | +26.98% |
| Apr. 11 | Nuvei Introduces Invoice Financing Services | MT |
| Apr. 11 | Nuvei Corporation Launches Invoice Financing to Unlock Merchant Cash Flow | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 8,439 | 9,271 | 3,586 | 3,654 | 4,510 | - | - |
| Enterprise Value (EV) 1 | 8,473 | 9,031 | 3,345 | 3,654 | 5,377 | 5,055 | 4,661 |
| P/E ratio | -56.5 x | 91.3 x | 65.1 x | -438 x | 81.6 x | 35.6 x | 13.2 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 22.5 x | 12.8 x | 4.25 x | 3.07 x | 3.3 x | 2.85 x | 2.46 x |
| EV / Revenue | 22.6 x | 12.5 x | 3.97 x | 3.07 x | 3.93 x | 3.19 x | 2.54 x |
| EV / EBITDA | 52 x | 28.5 x | 9.52 x | 8.35 x | 10.8 x | 8.48 x | 6.44 x |
| EV / FCF | 112 x | 37.7 x | 15.3 x | - | 14.7 x | 11.2 x | 7.56 x |
| FCF Yield | 0.89% | 2.65% | 6.56% | - | 6.81% | 8.95% | 13.2% |
| Price to Book | 5.82 x | 4.61 x | 1.8 x | - | 2.1 x | 1.92 x | - |
| Nbr of stocks (in thousands) | 138,172 | 142,947 | 141,309 | 139,148 | 139,679 | - | - |
| Reference price 2 | 61.07 | 64.85 | 25.38 | 26.26 | 32.29 | 32.29 | 32.29 |
| Announcement Date | 3/10/21 | 3/8/22 | 3/8/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 245.8 | 375 | 724.5 | 843.3 | 1,190 | 1,368 | 1,584 | 1,836 |
| EBITDA 1 | - | 163 | 317.2 | 351.3 | 437.3 | 496.7 | 596 | 724.2 |
| EBIT 1 | - | 64.1 | 145.5 | 80.93 | 116.9 | 189.3 | 270 | - |
| Operating Margin | - | 17.09% | 20.08% | 9.6% | 9.82% | 13.84% | 17.04% | - |
| Earnings before Tax (EBT) 1 | - | -100.6 | 132 | 87.54 | 14.95 | 80.31 | 183.4 | 366.6 |
| Net income 1 | - | -106.2 | 102.3 | 56.73 | -7.835 | 57.5 | 136.5 | 256.4 |
| Net margin | - | -28.32% | 14.12% | 6.73% | -0.66% | 4.2% | 8.61% | 13.97% |
| EPS 2 | -0.4100 | -1.080 | 0.7100 | 0.3900 | -0.0600 | 0.3955 | 0.9079 | 2.440 |
| Free Cash Flow 1 | - | 75.42 | 239.7 | 219.3 | - | 366.4 | 452.5 | 616.8 |
| FCF margin | - | 20.11% | 33.08% | 26.01% | - | 26.79% | 28.56% | 33.6% |
| FCF Conversion (EBITDA) | - | 46.27% | 75.56% | 62.43% | - | 73.76% | 75.91% | 85.17% |
| FCF Conversion (Net income) | - | - | 234.32% | 386.63% | - | 637.18% | 331.52% | 240.6% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 9/1/20 | 3/10/21 | 3/8/22 | 3/8/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 183.9 | 211.9 | 214.5 | 211.3 | 197.1 | 220.3 | 256.5 | 307 | 304.9 | 321.5 | 326 | 332.3 | 337.4 | 371.5 | 377.2 |
| EBITDA 1 | 80.94 | 91.45 | 91.58 | 92.85 | 81.2 | 85.68 | 96.28 | 110.3 | 110.7 | 120.1 | 113.9 | 116.9 | 123.7 | 141.4 | 136.1 |
| EBIT 1 | 39.52 | 21.84 | 20.82 | 28.81 | 9.599 | 21.71 | 7.284 | 31.34 | 31.92 | 46.35 | 39.06 | 41.91 | 47.05 | 61.82 | 53.55 |
| Operating Margin | 21.49% | 10.31% | 9.7% | 13.63% | 4.87% | 9.85% | 2.84% | 10.21% | 10.47% | 14.42% | 11.98% | 12.61% | 13.94% | 16.64% | 14.2% |
| Earnings before Tax (EBT) 1 | 34.2 | 19.87 | 13.13 | 40.91 | 18.4 | 15.1 | -4.411 | 14.1 | -8.453 | 13.71 | 7.851 | 11.24 | 18.09 | 34.74 | 30.43 |
| Net income 1 | 26.84 | 10.81 | 3.003 | 33.98 | 11.71 | 8.04 | -9.778 | 9.923 | -19.81 | 11.83 | 11.8 | 9.867 | 13.1 | 24.82 | 19.15 |
| Net margin | 14.59% | 5.1% | 1.4% | 16.08% | 5.94% | 3.65% | -3.81% | 3.23% | -6.5% | 3.68% | 3.62% | 2.97% | 3.88% | 6.68% | 5.08% |
| EPS 2 | 0.1900 | 0.0700 | 0.0200 | 0.2300 | 0.0800 | 0.0600 | -0.0700 | 0.0700 | -0.1400 | 0.0800 | 0.0217 | 0.0666 | 0.0915 | 0.1786 | 0.1402 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | 0.1000 | - | 0.1004 | 0.0976 | 0.0984 | 0.0987 | 0.0999 |
| Announcement Date | 11/9/21 | 3/8/22 | 5/10/22 | 8/9/22 | 11/3/22 | 3/8/23 | 5/10/23 | 8/9/23 | 11/7/23 | 3/5/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 34.5 | - | - | - | 867 | 545 | 151 |
| Net Cash position 1 | - | - | 240 | 241 | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.2119 x | - | - | - | 1.745 x | 0.9151 x | 0.2084 x |
| Free Cash Flow 1 | - | 75.4 | 240 | 219 | - | 366 | 452 | 617 |
| ROE (net income / shareholders' equity) | - | 9.96% | 14.1% | 13.5% | - | 13.7% | 17.6% | 22.2% |
| ROA (Net income/ Total Assets) | - | - | - | 7.71% | - | 6.49% | 8.85% | 11.2% |
| Assets 1 | - | - | - | 736.2 | - | 886.1 | 1,542 | 2,295 |
| Book Value Per Share 2 | - | 10.50 | 14.10 | 14.10 | - | 15.40 | 16.80 | - |
| Cash Flow per Share 2 | - | 0.9500 | 1.850 | 1.850 | - | 2.510 | 3.140 | - |
| Capex 1 | - | 17.8 | 27.2 | 48.3 | - | 65.8 | 69.3 | 82 |
| Capex / Sales | - | 4.76% | 3.75% | 5.73% | - | 4.81% | 4.37% | 4.47% |
| Announcement Date | 9/1/20 | 3/10/21 | 3/8/22 | 3/8/23 | 3/5/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
12
Last Close Price
32.29
USD
Average target price
27.31
USD
Spread / Average Target
-15.43%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +26.98% | 4.51B | |
| +17.35% | 91.21B | |
| +7.41% | 69.43B | |
| -3.71% | 46.28B | |
| -1.91% | 31.78B | |
| +7.50% | 21.83B | |
| -16.97% | 11.95B | |
| -9.73% | 10.07B | |
| +11.32% | 9.07B | |
| -25.92% | 7.68B |
- Stock Market
- Equities
- NVEI Stock
- Financials Nuvei Corporation
