Nayax Ltd. (NYAX) Financial Ratios
7 years of historical data (2019–2025) · Technology · Information Technology Services
EV/EBITDA
↓
46.34
↓-94% vs avg
5yr avg: 725.92
30Y Low31.9·High41.5
P/FCF
↓
38.61
-9% vs avg
5yr avg: 42.54
30Y Low26.9·High58.2
P/B Ratio
↑
12.06
↑+72% vs avg
5yr avg: 7.01
30Y Low6.3·High8.2
ROE
↑
19.4%
↓+245% vs avg
5yr avg: -13.3%
30Y Low-44%·High19%
Debt/EBITDA
↓
5.88
↓-93% vs avg
5yr avg: 81.55
30Y Low2.2·High11.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NYAX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Nayax Ltd. trades at 72.5x earnings, 46% above its 5-year average of 49.6x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 27.5x, the stock trades at a premium of 164%. On a free-cash-flow basis, the stock trades at 38.6x P/FCF, 9% below the 5-year average of 42.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.7B | $1.9B | $1.0B | $631M | — | — | — | — |
| Enterprise Value | $2.7B | $1.8B | $1.0B | $668M | — | — | — | — |
| P/E Ratio → | 72.54 | 49.61 | — | — | — | — | — | — |
| P/S Ratio | 6.31 | 4.40 | 3.32 | 2.68 | — | — | — | — |
| P/B Ratio | 12.06 | 8.25 | 6.31 | 6.47 | — | — | — | — |
| P/FCF | 38.61 | 26.92 | 58.17 | — | — | — | — | — |
| P/OCF | 35.70 | 24.89 | 24.31 | 71.78 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
NYAX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Nayax Ltd.'s enterprise value stands at 46.3x EBITDA, 94% below its 5-year average of 725.9x. The Technology sector median is 17.4x, placing the stock at a 167% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.23 | 3.23 | 2.84 | — | — | — | — |
| EV / EBITDA | 46.34 | 31.91 | 41.45 | 2104.40 | — | — | — | — |
| EV / EBIT | 89.24 | 61.46 | 436.01 | — | — | — | — | — |
| EV / FCF | — | 25.87 | 56.59 | — | — | — | — | — |
NYAX Profitability
Margins and return-on-capital ratios measuring operating efficiency
Nayax Ltd. earns an operating margin of 6.9%. Operating margins have expanded from -5.3% to 6.9% over the past 3 years, signaling improving operational efficiency. ROE of 19.4% indicates solid capital efficiency. ROIC of 15.2% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.7% | 44.7% | 45.1% | 37.5% | 34.6% | 40.4% | 47.2% | 41.7% |
| Operating Margin | 6.9% | 6.9% | 1.0% | -5.3% | -19.6% | -18.9% | -2.8% | -4.9% |
| Net Profit Margin | 8.9% | 8.9% | -1.8% | -6.7% | -21.6% | -20.8% | -7.9% | -8.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 19.4% | 19.4% | -4.3% | -15.7% | -31.7% | -34.4% | -44.4% | -33.5% |
| ROA | 6.0% | 6.0% | -1.5% | -5.7% | -16.8% | -16.0% | -7.7% | -7.6% |
| ROIC | 15.2% | 15.2% | 1.7% | -7.9% | -31.0% | -32.5% | -4.7% | -7.5% |
| ROCE | 7.5% | 7.5% | 1.9% | -10.3% | -25.6% | -25.5% | -8.1% | -12.7% |
NYAX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Nayax Ltd. carries a Debt/EBITDA ratio of 5.9x, which is highly leveraged (105% above the sector average of 2.9x). The company holds a net cash position — cash of $412M exceeds total debt of $338M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 2.0x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.46 | 1.46 | 0.33 | 0.77 | 0.28 | 0.15 | 2.81 | 1.25 |
| Debt / EBITDA | 5.88 | 5.88 | 2.24 | 236.51 | — | — | 9.54 | 11.29 |
| Net Debt / Equity | — | -0.32 | -0.17 | 0.38 | -0.04 | -0.51 | 2.16 | 0.96 |
| Net Debt / EBITDA | -1.29 | -1.29 | -1.15 | 115.62 | — | — | 7.32 | 8.74 |
| Debt / FCF | — | -1.04 | -1.57 | — | — | — | — | — |
| Interest Coverage | 2.01 | 2.01 | 0.37 | -4.38 | -23.93 | -12.48 | -1.17 | -2.39 |
Net cash position: cash ($412M) exceeds total debt ($338M)
NYAX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Nayax Ltd.'s current ratio of 2.26x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 1.00x to 2.26x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.26 | 2.26 | 1.31 | 1.00 | 1.37 | 2.22 | 0.88 | 0.89 |
| Quick Ratio | 2.16 | 2.16 | 1.22 | 0.90 | 1.15 | 2.11 | 0.79 | 0.79 |
| Cash Ratio | 1.50 | 1.50 | 0.42 | 0.19 | 0.31 | 1.24 | 0.13 | 0.10 |
| Asset Turnover | — | 0.51 | 0.73 | 0.73 | 0.75 | 0.55 | 0.85 | 0.92 |
| Inventory Turnover | 8.39 | 8.39 | 8.73 | 7.16 | 4.77 | 9.23 | 8.25 | 8.20 |
| Days Sales Outstanding | — | 127.89 | 117.13 | 129.98 | 57.66 | 59.25 | 64.12 | 141.32 |
NYAX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Nayax Ltd. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 1.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.4% | 2.0% | — | — | — | — | — | — |
| FCF Yield | 2.6% | 3.7% | 1.7% | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Shares Outstanding | — | $38M | $36M | $33M | $33M | $30M | $33M | $33M |
Peer Comparison
Compare NYAX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NYAXYou | $3B | 72.5 | 46.3 | 38.6 | 44.7% | 6.9% | 19.4% | 15.2% | 5.9 |
 IIIV | $486M | 39.3 | 13.4 | 129.5 | 55.7% | 1.9% | 3.5% | 0.6% | 0.2 |
 PRTH | $431M | 7.7 | 6.8 | 5.7 | 21.4% | 14.8% | — | 13.4% | 5.1 |
 CWAN | $7B | -173.4 | — | 40.1 | 67.3% | -1.1% | -2.5% | -0.3% | — |
 ACMR | $4B | 40.4 | 25.5 | — | 44.4% | 12.1% | 6.2% | 7.0% | 2.4 |
 CTLP | $826M | 13.0 | 20.5 | 247.4 | 40.9% | 7.4% | 29.5% | 7.9% | 1.2 |
 PAX | $2B | 23.9 | 16.6 | — | 96.2% | 34.2% | 15.2% | 12.7% | 1.3 |
 PAYO | $2B | 25.6 | 7.0 | 8.1 | 78.1% | 11.8% | 10.2% | 30.7% | 0.4 |
 FLYW | $2B | 159.2 | 47.1 | 21.1 | 61.4% | 1.8% | 1.6% | 2.1% | — |
 V | $612B | 31.3 | 24.5 | 28.3 | 80.4% | 60.0% | 52.1% | 29.2% | 1.0 |
 MA | $435B | 29.8 | 21.6 | 25.7 | 83.4% | 59.2% | 209.9% | 56.5% | 0.9 |
| Technology Median | — | 27.5 | 17.4 | 19.8 | 48.6% | -0.5% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 7 years · Updated daily
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Start ComparisonNYAX — Frequently Asked Questions
Quick answers to the most common questions about buying NYAX stock.
What is Nayax Ltd.'s P/E ratio?
Nayax Ltd.'s current P/E ratio is 72.5x. The historical average is 49.6x. This places it at the 100th percentile of its historical range.
What is Nayax Ltd.'s EV/EBITDA?
Nayax Ltd.'s current EV/EBITDA is 46.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 36.7x.
What is Nayax Ltd.'s ROE?
Nayax Ltd.'s return on equity (ROE) is 19.4%. The historical average is -20.7%.
Is NYAX stock overvalued?
Based on historical data, Nayax Ltd. is trading at a P/E of 72.5x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Nayax Ltd.'s profit margins?
Nayax Ltd. has 44.7% gross margin and 6.9% operating margin.
How much debt does Nayax Ltd. have?
Nayax Ltd.'s Debt/EBITDA ratio is 5.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.