Paymentus Holdings, Inc. (PAY) 10-Year Financial Performance & Capital Metrics

PAY • • Industrial / General

TechnologyIT ServicesPayment Processing & Financial TechnologyPayment Processing Leaders

AboutPaymentus Holdings, Inc. provides cloud-based bill payment technology and solutions. The company offers electronic bill presentment and payment services, enterprise customer communication, and self-service revenue management to billers through a software-as-a-service technology platform. The company serves utility, financial service, insurance, government, telecommunication, and healthcare industries. The company was founded in 2004 and is based in Redmond, Washington.Show more

Revenue $872M +41.9%
EBITDA $81M +67.0%
Net Income $44M +97.9%
EPS (Diluted) 0.35 +94.4%
Gross Margin 27.32% -7.9%
EBITDA Margin 9.33% +17.8%
Operating Margin 5.15% +74.8%
Net Margin 5.07% +39.5%
ROE 9.65% +78.8%
ROIC 12.26% +136.4%
Debt/Equity 0.02 -29.2%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y profit CAGR of 26.4%
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 29.9%
✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Weak 3Y average ROE of 5.0%
✗Weak momentum: RS Rating 20 (bottom 20%)

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-6.47%

5Y29.89%

3Y30.14%

TTM44.34%

Profit (Net Income) CAGR

10Y-

5Y26.39%

3Y68.09%

TTM46.98%

EPS CAGR

10Y-

5Y35.51%

3Y80.01%

TTM46.36%

ROCE

10Y Avg5.33%

5Y Avg7.95%

3Y Avg4.36%

Latest9.58%

Peer Comparison

Payment Processing Leaders

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
PAYPaymentus Holdings, Inc.	1.63B	29.31	83.74	41.86%	5.29%	11.06%	3.88%	0.02
FISFidelity National Information Services, Inc.	32.86B	63.45	44.68	3.01%	1.42%	1.1%	6.01%	0.74
PSFEPaysafe Limited	443.61M	7.72	21.44	6.48%	-7.35%	-17.42%	30.05%	2.74
FISVFiserv, Inc.	35.92B	66.78	12.41	7.14%	17.05%	14.35%	14.09%	0.90

Profit & Loss

	Oct 2014	Oct 2015	Oct 2016	Oct 2017	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.87B	2B	1.99B	1.87B	235.78M	301.77M	395.52M	497M	614.49M	871.75M
Revenue Growth %	0.1%	0.07%	-0%	-0.06%	-0.87%	0.28%	0.31%	0.26%	0.24%	0.42%
Cost of Goods Sold+	1.14B	1.17B	1.2B	1.16B	161.34M	209.14M	274.14M	347.32M	432.15M	633.58M
COGS % of Revenue	0.61%	0.59%	0.6%	0.62%	0.68%	0.69%	0.69%	0.7%	0.7%	0.73%
Gross Profit+	724.7M	826M	794.3M	713.1M	74.43M	92.63M	121.38M	149.68M	182.34M	238.17M
Gross Margin %	0.39%	0.41%	0.4%	0.38%	0.32%	0.31%	0.31%	0.3%	0.3%	0.27%
Gross Profit Growth %	0.12%	0.14%	-0.04%	-0.1%	-0.9%	0.24%	0.31%	0.23%	0.22%	0.31%
Operating Expenses+	727.4M	717.8M	719.6M	664.9M	56.06M	74.2M	111.01M	152.65M	164.25M	193.31M
OpEx % of Revenue	0.39%	0.36%	0.36%	0.36%	0.24%	0.25%	0.28%	0.31%	0.27%	0.22%
Selling, General & Admin	426.1M	433.7M	421.6M	383.7M	38.2M	49.69M	76.89M	111.43M	120M	141.98M
SG&A % of Revenue	0.23%	0.22%	0.21%	0.21%	0.16%	0.16%	0.19%	0.22%	0.2%	0.16%
Research & Development	203.7M	201.6M	207.5M	211.6M	17.86M	24.51M	34.12M	41.22M	44.25M	51.33M
R&D % of Revenue	0.11%	0.1%	0.1%	0.11%	0.08%	0.08%	0.09%	0.08%	0.07%	0.06%
Other Operating Expenses	97.6M	82.5M	90.5M	69.6M	0	0	0	0	0	0
Operating Income+	-2.7M	108.2M	74.7M	48.2M	18.37M	18.43M	10.37M	-2.98M	18.09M	44.86M
Operating Margin %	-0%	0.05%	0.04%	0.03%	0.08%	0.06%	0.03%	-0.01%	0.03%	0.05%
Operating Income Growth %	-0.35%	41.07%	-0.31%	-0.35%	-0.62%	0%	-0.44%	-1.29%	7.08%	1.48%
EBITDA+	210.9M	277.6M	253.9M	188.9M	24.37M	26.5M	23.67M	6.39M	48.69M	81.34M
EBITDA Margin %	0.11%	0.14%	0.13%	0.1%	0.1%	0.09%	0.06%	0.01%	0.08%	0.09%
EBITDA Growth %	0.02%	0.32%	-0.09%	-0.26%	-0.87%	0.09%	-0.11%	-0.73%	6.62%	0.67%
D&A (Non-Cash Add-back)	213.6M	169.4M	179.2M	140.7M	6M	8.07M	13.29M	9.36M	30.6M	36.48M
EBIT	2.6M	104.4M	36.4M	-109.7M	18.37M	18.43M	10.37M	-2.98M	18.09M	44.86M
Net Interest Income+	0	0	0	0	106K	52K	-6K	1.66M	7.02M	8.74M
Interest Income	0	0	0	0	106K	52K	0	1.66M	7.02M	8.74M
Interest Expense	42.5M	31.5M	34.6M	33.2M	0	0	6K	0	0	0
Other Income/Expense	-37.2M	-35.3M	-72.9M	-191.1M	108K	-64K	-7K	1.67M	7.03M	9.09M
Pretax Income+	-39.9M	72.9M	1.8M	-142.9M	18.48M	18.36M	10.37M	-1.31M	25.12M	53.94M
Pretax Margin %	-0.02%	0.04%	0%	-0.08%	0.08%	0.06%	0.03%	-0%	0.04%	0.06%
Income Tax+	-3.5M	-7.5M	11.5M	32.5M	4.78M	4.65M	1.07M	-795K	2.8M	9.78M
Effective Tax Rate %	0.95%	1.09%	-5.17%	1.22%	0.74%	0.75%	0.9%	0.39%	0.89%	0.82%
Net Income+	-38.1M	79.1M	-9.3M	-173.9M	13.7M	13.71M	9.3M	-513K	22.32M	44.17M
Net Margin %	-0.02%	0.04%	-0%	-0.09%	0.06%	0.05%	0.02%	-0%	0.04%	0.05%
Net Income Growth %	0.87%	3.08%	-1.12%	-17.7%	1.08%	0%	-0.32%	-1.06%	44.51%	0.98%
Net Income (Continuing)	-38.1M	79.1M	-9.3M	-173.9M	13.7M	13.71M	9.3M	-513K	22.32M	44.17M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.34	0.68	-0.08	-1.56	0.08	0.07	0.06	-0.00	0.18	0.35
EPS Growth %	0.88%	3%	-1.12%	-17.59%	1.05%	-0.04%	-0.18%	-1.07%	-	0.94%
EPS (Basic)	-0.34	0.69	-0.08	-1.56	0.08	0.07	0.06	-0.00	0.18	0.36
Diluted Shares Outstanding	111.6M	115.9M	110.8M	111.8M	117.48M	115.86M	118.82M	122.1M	125.07M	127.72M
Basic Shares Outstanding	111.6M	114M	110.8M	111.8M	117.48M	115.86M	112.76M	122.1M	123.51M	124.37M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Oct 2014	Oct 2015	Oct 2016	Oct 2017	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	785.6M	782.3M	757.4M	718.7M	51.5M	79.83M	256.44M	228.96M	270.35M	345.64M
Cash & Short-Term Investments	250.2M	208.9M	148.4M	131M	27.43M	46.67M	168.39M	147.33M	179.36M	205.9M
Cash Only	250.2M	208.9M	148.4M	131M	27.43M	46.67M	168.39M	147.33M	179.36M	205.9M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	305.5M	362M	323.4M	322.7M	21.36M	30.25M	46.42M	69.28M	76.65M	123.17M
Days Sales Outstanding	59.66	66.05	59.25	62.95	33.07	36.58	42.84	50.88	45.53	51.57
Inventory	124.3M	129.7M	175.2M	126.6M	0	0	0	0	0	0
Days Inventory Outstanding	39.65	40.31	53.39	39.91	-	-	-	-	-	-
Other Current Assets	105.6M	81.7M	110.4M	138.4M	0	0	33.44M	12.35M	14.34M	16.57M
Total Non-Current Assets+	1.92B	1.69B	1.74B	1.6B	28.96M	45.05M	216.51M	232.58M	234.51M	230.61M
Property, Plant & Equipment	0	0	0	0	1.48M	10.09M	9.75M	11.38M	11.59M	8.96M
Fixed Asset Turnover	-	-	-	-	159.63x	29.90x	40.58x	43.66x	53.04x	97.31x
Goodwill	1.19B	1.08B	1.11B	1.1B	13.22M	13.21M	129.41M	131.85M	131.86M	131.81M
Intangible Assets	457.6M	317.5M	306.3M	236.4M	13.95M	21.26M	72.98M	82.05M	85.94M	86.45M
Long-Term Investments	0	0	0	19.59M	28.64M	0	0	0	0	0
Other Non-Current Assets	242.7M	253.4M	283.6M	210.01M	-28.64M	218K	4.21M	7.18M	5.03M	3.02M
Total Assets+	2.7B	2.47B	2.49B	2.32B	80.46M	124.87M	472.94M	461.54M	504.86M	576.25M
Asset Turnover	0.69x	0.81x	0.80x	0.81x	2.93x	2.42x	0.84x	1.08x	1.22x	1.51x
Asset Growth %	-0.1%	-0.08%	0.01%	-0.07%	-0.97%	0.55%	2.79%	-0.02%	0.09%	0.14%
Total Current Liabilities+	492.4M	541.3M	538.8M	542.3M	9.95M	31.11M	74.43M	51.5M	62.79M	81.55M
Accounts Payable	161.2M	189.4M	154.6M	144.8M	2.17M	16.82M	24.75M	29.23M	35.18M	49.87M
Days Payables Outstanding	51.42	58.86	47.11	45.64	4.92	29.36	32.95	30.72	29.72	28.73
Short-Term Debt	32.1M	39.1M	66M	68.8M	515K	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	428K	612K	1000K	1000K	1000K	1000K
Other Current Liabilities	207M	229.9M	213.4M	227.3M	0	0	33.44M	0	0	0
Current Ratio	1.60x	1.45x	1.41x	1.33x	5.18x	2.57x	3.45x	4.45x	4.31x	4.24x
Quick Ratio	1.34x	1.21x	1.08x	1.09x	5.18x	2.57x	3.45x	4.45x	4.31x	4.24x
Cash Conversion Cycle	47.89	47.5	65.53	57.22	-	-	-	-	-	-
Total Non-Current Liabilities+	1.14B	997.3M	1.1B	997.5M	1.91M	9.39M	12.38M	12.86M	12.46M	9.1M
Long-Term Debt	851M	760.2M	859.9M	762M	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	5.89M	7.35M	9.36M	8.66M	6.32M
Deferred Tax Liabilities	136.1M	102.9M	99.4M	97.5M	1.91M	3.5M	3.32M	680K	1.07M	0
Other Non-Current Liabilities	101M	78.9M	76.8M	76.2M	0	0	0	0	0	0
Total Liabilities	1.63B	1.54B	1.64B	1.54B	11.86M	40.5M	86.81M	64.36M	75.25M	90.65M
Total Debt+	883.1M	799.3M	925.9M	830.8M	627K	10.03M	11.18M	12.63M	10.51M	8.41M
Net Debt	632.9M	590.4M	777.5M	699.8M	-26.8M	-36.64M	-157.2M	-134.7M	-168.85M	-197.49M
Debt / Equity	0.85x	0.89x	1.14x	1.10x	0.01x	0.12x	0.03x	0.03x	0.02x	0.02x
Debt / EBITDA	4.19x	2.88x	3.65x	4.40x	0.03x	0.38x	0.47x	1.98x	0.22x	0.10x
Net Debt / EBITDA	3.00x	2.13x	3.06x	3.70x	-1.10x	-1.38x	-6.64x	-21.09x	-3.47x	-2.43x
Interest Coverage	-0.06x	3.43x	2.16x	1.45x	-	-	1728.83x	-	-	-
Total Equity+	1.03B	899.6M	813.7M	754.5M	68.6M	84.38M	386.13M	397.18M	429.62M	485.6M
Equity Growth %	-0.07%	-0.13%	-0.1%	-0.07%	-0.91%	0.23%	3.58%	0.03%	0.08%	0.13%
Book Value per Share	9.26	7.76	7.34	6.75	0.58	0.73	3.25	3.25	3.43	3.80
Total Shareholders' Equity	1.03B	899.6M	813.7M	754.5M	68.6M	84.38M	386.13M	397.18M	429.62M	485.6M
Common Stock	1.1M	1.1M	1.1M	1.1M	517K	517K	12K	12K	12K	12K
Retained Earnings	-538.2M	-535.7M	-618.3M	-792.2M	41.34M	55.05M	29.93M	29.42M	51.74M	95.91M
Treasury Stock	0	0	0	0	-579K	-579K	0	0	0	0
Accumulated OCI	-202.24M	-213.53M	-243.13M	-221.57M	149K	216K	168K	-22K	87K	-233K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Oct 2014	Oct 2015	Oct 2016	Oct 2017	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	199.1M	249.3M	193.7M	165.9M	17.51M	35.62M	19.49M	19.87M	68.83M	63.63M
Operating CF Margin %	0.11%	0.12%	0.1%	0.09%	0.07%	0.12%	0.05%	0.04%	0.11%	0.07%
Operating CF Growth %	-0.16%	0.25%	-0.22%	-0.14%	-0.89%	1.03%	-0.45%	0.02%	2.46%	-0.08%
Net Income	-38.1M	79.1M	-9.3M	-173.9M	13.7M	13.71M	9.3M	-513K	22.32M	44.17M
Depreciation & Amortization	213.6M	169.4M	179.2M	140.7M	6M	8.07M	13.29M	24.06M	30.6M	36.48M
Stock-Based Compensation	53.9M	42.3M	42.3M	40M	1.58M	1.99M	3.14M	6.74M	9.39M	10.99M
Deferred Taxes	-38M	-31.6M	-14M	800K	1.28M	1.64M	-660K	-2.98M	413K	-1.35M
Other Non-Cash Items	-48.2M	42.3M	17.9M	200.5M	0	2.9M	3.27M	4.69M	5.67M	9.3M
Working Capital Changes	55.9M	-52.2M	-22.4M	-42.2M	-5.05M	7.31M	-8.85M	-12.13M	429K	-35.96M
Change in Receivables	-29.5M	-75.4M	59.6M	-11.6M	-6.47M	-8.69M	-15.56M	-22.97M	-8.51M	-46.92M
Change in Inventory	9.5M	-16.4M	-45.7M	30.4M	0	1.18M	0	0	0	0
Change in Payables	47.4M	41.2M	-39.6M	-7.5M	-596K	14.64M	7.38M	4.77M	6.02M	13.82M
Cash from Investing+	-77.9M	-128.4M	-275.2M	-72.7M	-13.9M	-15.14M	-77.81M	-34.56M	-34.3M	-36.76M
Capital Expenditures	-85M	-106.4M	-105.3M	-67.3M	-1.04M	-458K	-979K	-1.26M	-600K	-457K
CapEx % of Revenue	0.05%	0.05%	0.05%	0.04%	0%	0%	0%	0%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	7.1M	-22M	-169.9M	-5.4M	-11.49M	-14.39M	-19.43M	-30.04M	-33.7M	-36.3M
Cash from Financing+	-128.1M	-133.6M	24.4M	-112.4M	-857K	-1.36M	213.49M	-37.28M	-1.2M	-207K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	-34.41M	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-128.1M	-133.6M	24.4M	-112.4M	-675K	-1.03M	-4.22M	-37.02M	-1.09M	-545K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	114.1M	142.9M	88.4M	98.6M	4.98M	20.77M	-916K	-11.43M	34.53M	63.18M
FCF Margin %	0.06%	0.07%	0.04%	0.05%	0.02%	0.07%	-0%	-0.02%	0.06%	0.07%
FCF Growth %	-0.28%	0.25%	-0.38%	0.12%	-0.95%	3.17%	-1.04%	-11.48%	4.02%	0.83%
FCF per Share	1.02	1.23	0.80	0.88	0.04	0.18	-0.01	-0.09	0.28	0.49
FCF Conversion (FCF/Net Income)	-5.23x	3.15x	-20.83x	-0.95x	1.28x	2.60x	2.10x	-38.73x	3.08x	1.44x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	4.74M	2.89M	2.49M	672K	1.4M	14.4M

Key Ratios

Metric	2014	2015	2016	2017	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-3.55%	8.18%	-1.09%	-22.18%	3.33%	17.93%	3.95%	-0.13%	5.4%	9.65%
Return on Invested Capital (ROIC)	-0.11%	5.14%	3.64%	2.37%	1.84%	30.87%	5.62%	-0.91%	5.19%	12.26%
Gross Margin	38.78%	41.29%	39.87%	38.11%	31.57%	30.69%	30.69%	30.12%	29.67%	27.32%
Net Margin	-2.04%	3.95%	-0.47%	-9.29%	5.81%	4.54%	2.35%	-0.1%	3.63%	5.07%
Debt / Equity	0.85x	0.89x	1.14x	1.10x	0.01x	0.12x	0.03x	0.03x	0.02x	0.02x
Interest Coverage	-0.06x	3.43x	2.16x	1.45x	-	-	1728.83x	-	-	-
FCF Conversion	-5.23x	3.15x	-20.83x	-0.95x	1.28x	2.60x	2.10x	-38.73x	3.08x	1.44x
Revenue Growth	9.79%	7.04%	-0.42%	-6.08%	-87.4%	27.99%	31.07%	25.66%	23.64%	41.86%

Revenue by Segment

	2011	2012	2013	2014	2015	2016	2017	2021	2022	2024
Payment Transaction Processing Revenue	-	-	-	-	-	-	-	390.7M	490.38M	861.74M
Payment Transaction Processing Revenue Growth	-	-	-	-	-	-	-	-	25.51%	75.73%
Other	-	-	-	-	-	-	-	4.82M	6.62M	10.01M
Other Growth	-	-	-	-	-	-	-	-	37.40%	51.10%
Verifone Systems	-	-	-	-	-	1.24B	1.09B	-	-	-
Verifone Systems Growth	-	-	-	-	-	-	-12.20%	-	-	-
Verifone Services	-	-	-	-	-	769.72M	788.49M	-	-	-
Verifone Services Growth	-	-	-	-	-	-	2.44%	-	-	-
ASPAC	-	-	210.33M	265.28M	-	-	-	-	-	-
ASPAC Growth	-	-	-	26.13%	-	-	-	-	-	-
International	822.81M	1.35B	-	-	-	-	-	-	-	-
International Growth	-	64.49%	-	-	-	-	-	-	-	-
Corporate	-5.64M	-20.48M	-	-	-	-	-	-	-	-
Corporate Growth	-	-262.83%	-	-	-	-	-	-	-	-

Revenue by Geography

	2011	2012	2013	2014	2015	2016	2017	2021	2022	2024
UNITED STATES	-	-	-	522.98M	789.39M	807.23M	627.72M	387.24M	487.07M	-
UNITED STATES Growth	-	-	-	-	50.94%	2.26%	-22.24%	-38.31%	25.78%	-
Non-US	-	-	-	-	-	-	1.24B	8.28M	9.93M	-
Non-US Growth	-	-	-	-	-	-	-	-99.33%	19.93%	-
Other countries	-	1.15B	1.07B	1.15B	1.07B	1.07B	-	-	-	-
Other countries Growth	-	-	-6.79%	7.59%	-6.56%	-0.53%	-	-	-	-
BRAZIL	-	-	-	197.47M	137.94M	117.43M	-	-	-	-
BRAZIL Growth	-	-	-	-	-30.15%	-14.86%	-	-	-	-
United States	-	509.24M	482.82M	-	-	-	-	-	-	-
United States Growth	-	-	-5.19%	-	-	-	-	-	-	-
Brazil	-	211.54M	151.96M	-	-	-	-	-	-	-
Brazil Growth	-	-	-28.16%	-	-	-	-	-	-	-
North America	486.5M	-	-	-	-	-	-	-	-	-
North America Growth	-	-	-	-	-	-	-	-	-	-
Europe	417.62M	-	-	-	-	-	-	-	-	-
Europe Growth	-	-	-	-	-	-	-	-	-	-
Latin America	275.93M	-	-	-	-	-	-	-	-	-
Latin America Growth	-	-	-	-	-	-	-	-	-	-
Asia	123.82M	-	-	-	-	-	-	-	-	-
Asia Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Paymentus Holdings, Inc. (PAY) has a price-to-earnings (P/E) ratio of 83.7x. This suggests investors expect higher future growth.

Growth & Financials

Paymentus Holdings, Inc. (PAY) reported $1.12B in revenue for fiscal year 2024. This represents a 12% increase from $1.00B in 2010.

Paymentus Holdings, Inc. (PAY) grew revenue by 41.9% over the past year. This is strong growth.

Yes, Paymentus Holdings, Inc. (PAY) is profitable, generating $59.4M in net income for fiscal year 2024 (5.1% net margin).

Dividend & Returns

Paymentus Holdings, Inc. (PAY) has a return on equity (ROE) of 9.7%. This is below average, suggesting room for improvement.

Paymentus Holdings, Inc. (PAY) generated $126.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

Paymentus Holdings, Inc. (PAY) 10-Year Financial Performance & Capital Metrics

PAY • • Industrial / General

TechnologyIT ServicesPayment Processing & Financial TechnologyPayment Processing Leaders

Revenue $872M +41.9%
EBITDA $81M +67.0%
Net Income $44M +97.9%
EPS (Diluted) 0.35 +94.4%
Gross Margin 27.32% -7.9%
EBITDA Margin 9.33% +17.8%
Operating Margin 5.15% +74.8%
Net Margin 5.07% +39.5%
ROE 9.65% +78.8%
ROIC 12.26% +136.4%
Debt/Equity 0.02 -29.2%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y profit CAGR of 26.4%
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 29.9%
✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Weak 3Y average ROE of 5.0%
✗Weak momentum: RS Rating 20 (bottom 20%)

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-6.47%

5Y29.89%

3Y30.14%

TTM44.34%

Profit (Net Income) CAGR

10Y-

5Y26.39%

3Y68.09%

TTM46.98%

EPS CAGR

10Y-

5Y35.51%

3Y80.01%

TTM46.36%

ROCE

10Y Avg5.33%

5Y Avg7.95%

3Y Avg4.36%

Latest9.58%

Peer Comparison

Payment Processing Leaders

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
PAYPaymentus Holdings, Inc.	1.63B	29.31	83.74	41.86%	5.29%	11.06%	3.88%	0.02
FISFidelity National Information Services, Inc.	32.86B	63.45	44.68	3.01%	1.42%	1.1%	6.01%	0.74
PSFEPaysafe Limited	443.61M	7.72	21.44	6.48%	-7.35%	-17.42%	30.05%	2.74
FISVFiserv, Inc.	35.92B	66.78	12.41	7.14%	17.05%	14.35%	14.09%	0.90

Profit & Loss

	Oct 2014	Oct 2015	Oct 2016	Oct 2017	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.87B	2B	1.99B	1.87B	235.78M	301.77M	395.52M	497M	614.49M	871.75M
Revenue Growth %	0.1%	0.07%	-0%	-0.06%	-0.87%	0.28%	0.31%	0.26%	0.24%	0.42%
Cost of Goods Sold+	1.14B	1.17B	1.2B	1.16B	161.34M	209.14M	274.14M	347.32M	432.15M	633.58M
COGS % of Revenue	0.61%	0.59%	0.6%	0.62%	0.68%	0.69%	0.69%	0.7%	0.7%	0.73%
Gross Profit+	724.7M	826M	794.3M	713.1M	74.43M	92.63M	121.38M	149.68M	182.34M	238.17M
Gross Margin %	0.39%	0.41%	0.4%	0.38%	0.32%	0.31%	0.31%	0.3%	0.3%	0.27%
Gross Profit Growth %	0.12%	0.14%	-0.04%	-0.1%	-0.9%	0.24%	0.31%	0.23%	0.22%	0.31%
Operating Expenses+	727.4M	717.8M	719.6M	664.9M	56.06M	74.2M	111.01M	152.65M	164.25M	193.31M
OpEx % of Revenue	0.39%	0.36%	0.36%	0.36%	0.24%	0.25%	0.28%	0.31%	0.27%	0.22%
Selling, General & Admin	426.1M	433.7M	421.6M	383.7M	38.2M	49.69M	76.89M	111.43M	120M	141.98M
SG&A % of Revenue	0.23%	0.22%	0.21%	0.21%	0.16%	0.16%	0.19%	0.22%	0.2%	0.16%
Research & Development	203.7M	201.6M	207.5M	211.6M	17.86M	24.51M	34.12M	41.22M	44.25M	51.33M
R&D % of Revenue	0.11%	0.1%	0.1%	0.11%	0.08%	0.08%	0.09%	0.08%	0.07%	0.06%
Other Operating Expenses	97.6M	82.5M	90.5M	69.6M	0	0	0	0	0	0
Operating Income+	-2.7M	108.2M	74.7M	48.2M	18.37M	18.43M	10.37M	-2.98M	18.09M	44.86M
Operating Margin %	-0%	0.05%	0.04%	0.03%	0.08%	0.06%	0.03%	-0.01%	0.03%	0.05%
Operating Income Growth %	-0.35%	41.07%	-0.31%	-0.35%	-0.62%	0%	-0.44%	-1.29%	7.08%	1.48%
EBITDA+	210.9M	277.6M	253.9M	188.9M	24.37M	26.5M	23.67M	6.39M	48.69M	81.34M
EBITDA Margin %	0.11%	0.14%	0.13%	0.1%	0.1%	0.09%	0.06%	0.01%	0.08%	0.09%
EBITDA Growth %	0.02%	0.32%	-0.09%	-0.26%	-0.87%	0.09%	-0.11%	-0.73%	6.62%	0.67%
D&A (Non-Cash Add-back)	213.6M	169.4M	179.2M	140.7M	6M	8.07M	13.29M	9.36M	30.6M	36.48M
EBIT	2.6M	104.4M	36.4M	-109.7M	18.37M	18.43M	10.37M	-2.98M	18.09M	44.86M
Net Interest Income+	0	0	0	0	106K	52K	-6K	1.66M	7.02M	8.74M
Interest Income	0	0	0	0	106K	52K	0	1.66M	7.02M	8.74M
Interest Expense	42.5M	31.5M	34.6M	33.2M	0	0	6K	0	0	0
Other Income/Expense	-37.2M	-35.3M	-72.9M	-191.1M	108K	-64K	-7K	1.67M	7.03M	9.09M
Pretax Income+	-39.9M	72.9M	1.8M	-142.9M	18.48M	18.36M	10.37M	-1.31M	25.12M	53.94M
Pretax Margin %	-0.02%	0.04%	0%	-0.08%	0.08%	0.06%	0.03%	-0%	0.04%	0.06%
Income Tax+	-3.5M	-7.5M	11.5M	32.5M	4.78M	4.65M	1.07M	-795K	2.8M	9.78M
Effective Tax Rate %	0.95%	1.09%	-5.17%	1.22%	0.74%	0.75%	0.9%	0.39%	0.89%	0.82%
Net Income+	-38.1M	79.1M	-9.3M	-173.9M	13.7M	13.71M	9.3M	-513K	22.32M	44.17M
Net Margin %	-0.02%	0.04%	-0%	-0.09%	0.06%	0.05%	0.02%	-0%	0.04%	0.05%
Net Income Growth %	0.87%	3.08%	-1.12%	-17.7%	1.08%	0%	-0.32%	-1.06%	44.51%	0.98%
Net Income (Continuing)	-38.1M	79.1M	-9.3M	-173.9M	13.7M	13.71M	9.3M	-513K	22.32M	44.17M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.34	0.68	-0.08	-1.56	0.08	0.07	0.06	-0.00	0.18	0.35
EPS Growth %	0.88%	3%	-1.12%	-17.59%	1.05%	-0.04%	-0.18%	-1.07%	-	0.94%
EPS (Basic)	-0.34	0.69	-0.08	-1.56	0.08	0.07	0.06	-0.00	0.18	0.36
Diluted Shares Outstanding	111.6M	115.9M	110.8M	111.8M	117.48M	115.86M	118.82M	122.1M	125.07M	127.72M
Basic Shares Outstanding	111.6M	114M	110.8M	111.8M	117.48M	115.86M	112.76M	122.1M	123.51M	124.37M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Oct 2014	Oct 2015	Oct 2016	Oct 2017	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	785.6M	782.3M	757.4M	718.7M	51.5M	79.83M	256.44M	228.96M	270.35M	345.64M
Cash & Short-Term Investments	250.2M	208.9M	148.4M	131M	27.43M	46.67M	168.39M	147.33M	179.36M	205.9M
Cash Only	250.2M	208.9M	148.4M	131M	27.43M	46.67M	168.39M	147.33M	179.36M	205.9M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	305.5M	362M	323.4M	322.7M	21.36M	30.25M	46.42M	69.28M	76.65M	123.17M
Days Sales Outstanding	59.66	66.05	59.25	62.95	33.07	36.58	42.84	50.88	45.53	51.57
Inventory	124.3M	129.7M	175.2M	126.6M	0	0	0	0	0	0
Days Inventory Outstanding	39.65	40.31	53.39	39.91	-	-	-	-	-	-
Other Current Assets	105.6M	81.7M	110.4M	138.4M	0	0	33.44M	12.35M	14.34M	16.57M
Total Non-Current Assets+	1.92B	1.69B	1.74B	1.6B	28.96M	45.05M	216.51M	232.58M	234.51M	230.61M
Property, Plant & Equipment	0	0	0	0	1.48M	10.09M	9.75M	11.38M	11.59M	8.96M
Fixed Asset Turnover	-	-	-	-	159.63x	29.90x	40.58x	43.66x	53.04x	97.31x
Goodwill	1.19B	1.08B	1.11B	1.1B	13.22M	13.21M	129.41M	131.85M	131.86M	131.81M
Intangible Assets	457.6M	317.5M	306.3M	236.4M	13.95M	21.26M	72.98M	82.05M	85.94M	86.45M
Long-Term Investments	0	0	0	19.59M	28.64M	0	0	0	0	0
Other Non-Current Assets	242.7M	253.4M	283.6M	210.01M	-28.64M	218K	4.21M	7.18M	5.03M	3.02M
Total Assets+	2.7B	2.47B	2.49B	2.32B	80.46M	124.87M	472.94M	461.54M	504.86M	576.25M
Asset Turnover	0.69x	0.81x	0.80x	0.81x	2.93x	2.42x	0.84x	1.08x	1.22x	1.51x
Asset Growth %	-0.1%	-0.08%	0.01%	-0.07%	-0.97%	0.55%	2.79%	-0.02%	0.09%	0.14%
Total Current Liabilities+	492.4M	541.3M	538.8M	542.3M	9.95M	31.11M	74.43M	51.5M	62.79M	81.55M
Accounts Payable	161.2M	189.4M	154.6M	144.8M	2.17M	16.82M	24.75M	29.23M	35.18M	49.87M
Days Payables Outstanding	51.42	58.86	47.11	45.64	4.92	29.36	32.95	30.72	29.72	28.73
Short-Term Debt	32.1M	39.1M	66M	68.8M	515K	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	428K	612K	1000K	1000K	1000K	1000K
Other Current Liabilities	207M	229.9M	213.4M	227.3M	0	0	33.44M	0	0	0
Current Ratio	1.60x	1.45x	1.41x	1.33x	5.18x	2.57x	3.45x	4.45x	4.31x	4.24x
Quick Ratio	1.34x	1.21x	1.08x	1.09x	5.18x	2.57x	3.45x	4.45x	4.31x	4.24x
Cash Conversion Cycle	47.89	47.5	65.53	57.22	-	-	-	-	-	-
Total Non-Current Liabilities+	1.14B	997.3M	1.1B	997.5M	1.91M	9.39M	12.38M	12.86M	12.46M	9.1M
Long-Term Debt	851M	760.2M	859.9M	762M	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	5.89M	7.35M	9.36M	8.66M	6.32M
Deferred Tax Liabilities	136.1M	102.9M	99.4M	97.5M	1.91M	3.5M	3.32M	680K	1.07M	0
Other Non-Current Liabilities	101M	78.9M	76.8M	76.2M	0	0	0	0	0	0
Total Liabilities	1.63B	1.54B	1.64B	1.54B	11.86M	40.5M	86.81M	64.36M	75.25M	90.65M
Total Debt+	883.1M	799.3M	925.9M	830.8M	627K	10.03M	11.18M	12.63M	10.51M	8.41M
Net Debt	632.9M	590.4M	777.5M	699.8M	-26.8M	-36.64M	-157.2M	-134.7M	-168.85M	-197.49M
Debt / Equity	0.85x	0.89x	1.14x	1.10x	0.01x	0.12x	0.03x	0.03x	0.02x	0.02x
Debt / EBITDA	4.19x	2.88x	3.65x	4.40x	0.03x	0.38x	0.47x	1.98x	0.22x	0.10x
Net Debt / EBITDA	3.00x	2.13x	3.06x	3.70x	-1.10x	-1.38x	-6.64x	-21.09x	-3.47x	-2.43x
Interest Coverage	-0.06x	3.43x	2.16x	1.45x	-	-	1728.83x	-	-	-
Total Equity+	1.03B	899.6M	813.7M	754.5M	68.6M	84.38M	386.13M	397.18M	429.62M	485.6M
Equity Growth %	-0.07%	-0.13%	-0.1%	-0.07%	-0.91%	0.23%	3.58%	0.03%	0.08%	0.13%
Book Value per Share	9.26	7.76	7.34	6.75	0.58	0.73	3.25	3.25	3.43	3.80
Total Shareholders' Equity	1.03B	899.6M	813.7M	754.5M	68.6M	84.38M	386.13M	397.18M	429.62M	485.6M
Common Stock	1.1M	1.1M	1.1M	1.1M	517K	517K	12K	12K	12K	12K
Retained Earnings	-538.2M	-535.7M	-618.3M	-792.2M	41.34M	55.05M	29.93M	29.42M	51.74M	95.91M
Treasury Stock	0	0	0	0	-579K	-579K	0	0	0	0
Accumulated OCI	-202.24M	-213.53M	-243.13M	-221.57M	149K	216K	168K	-22K	87K	-233K
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Oct 2014	Oct 2015	Oct 2016	Oct 2017	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	199.1M	249.3M	193.7M	165.9M	17.51M	35.62M	19.49M	19.87M	68.83M	63.63M
Operating CF Margin %	0.11%	0.12%	0.1%	0.09%	0.07%	0.12%	0.05%	0.04%	0.11%	0.07%
Operating CF Growth %	-0.16%	0.25%	-0.22%	-0.14%	-0.89%	1.03%	-0.45%	0.02%	2.46%	-0.08%
Net Income	-38.1M	79.1M	-9.3M	-173.9M	13.7M	13.71M	9.3M	-513K	22.32M	44.17M
Depreciation & Amortization	213.6M	169.4M	179.2M	140.7M	6M	8.07M	13.29M	24.06M	30.6M	36.48M
Stock-Based Compensation	53.9M	42.3M	42.3M	40M	1.58M	1.99M	3.14M	6.74M	9.39M	10.99M
Deferred Taxes	-38M	-31.6M	-14M	800K	1.28M	1.64M	-660K	-2.98M	413K	-1.35M
Other Non-Cash Items	-48.2M	42.3M	17.9M	200.5M	0	2.9M	3.27M	4.69M	5.67M	9.3M
Working Capital Changes	55.9M	-52.2M	-22.4M	-42.2M	-5.05M	7.31M	-8.85M	-12.13M	429K	-35.96M
Change in Receivables	-29.5M	-75.4M	59.6M	-11.6M	-6.47M	-8.69M	-15.56M	-22.97M	-8.51M	-46.92M
Change in Inventory	9.5M	-16.4M	-45.7M	30.4M	0	1.18M	0	0	0	0
Change in Payables	47.4M	41.2M	-39.6M	-7.5M	-596K	14.64M	7.38M	4.77M	6.02M	13.82M
Cash from Investing+	-77.9M	-128.4M	-275.2M	-72.7M	-13.9M	-15.14M	-77.81M	-34.56M	-34.3M	-36.76M
Capital Expenditures	-85M	-106.4M	-105.3M	-67.3M	-1.04M	-458K	-979K	-1.26M	-600K	-457K
CapEx % of Revenue	0.05%	0.05%	0.05%	0.04%	0%	0%	0%	0%	0%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	7.1M	-22M	-169.9M	-5.4M	-11.49M	-14.39M	-19.43M	-30.04M	-33.7M	-36.3M
Cash from Financing+	-128.1M	-133.6M	24.4M	-112.4M	-857K	-1.36M	213.49M	-37.28M	-1.2M	-207K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	-34.41M	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-128.1M	-133.6M	24.4M	-112.4M	-675K	-1.03M	-4.22M	-37.02M	-1.09M	-545K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	114.1M	142.9M	88.4M	98.6M	4.98M	20.77M	-916K	-11.43M	34.53M	63.18M
FCF Margin %	0.06%	0.07%	0.04%	0.05%	0.02%	0.07%	-0%	-0.02%	0.06%	0.07%
FCF Growth %	-0.28%	0.25%	-0.38%	0.12%	-0.95%	3.17%	-1.04%	-11.48%	4.02%	0.83%
FCF per Share	1.02	1.23	0.80	0.88	0.04	0.18	-0.01	-0.09	0.28	0.49
FCF Conversion (FCF/Net Income)	-5.23x	3.15x	-20.83x	-0.95x	1.28x	2.60x	2.10x	-38.73x	3.08x	1.44x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	4.74M	2.89M	2.49M	672K	1.4M	14.4M

Key Ratios

Metric	2014	2015	2016	2017	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-3.55%	8.18%	-1.09%	-22.18%	3.33%	17.93%	3.95%	-0.13%	5.4%	9.65%
Return on Invested Capital (ROIC)	-0.11%	5.14%	3.64%	2.37%	1.84%	30.87%	5.62%	-0.91%	5.19%	12.26%
Gross Margin	38.78%	41.29%	39.87%	38.11%	31.57%	30.69%	30.69%	30.12%	29.67%	27.32%
Net Margin	-2.04%	3.95%	-0.47%	-9.29%	5.81%	4.54%	2.35%	-0.1%	3.63%	5.07%
Debt / Equity	0.85x	0.89x	1.14x	1.10x	0.01x	0.12x	0.03x	0.03x	0.02x	0.02x
Interest Coverage	-0.06x	3.43x	2.16x	1.45x	-	-	1728.83x	-	-	-
FCF Conversion	-5.23x	3.15x	-20.83x	-0.95x	1.28x	2.60x	2.10x	-38.73x	3.08x	1.44x
Revenue Growth	9.79%	7.04%	-0.42%	-6.08%	-87.4%	27.99%	31.07%	25.66%	23.64%	41.86%

Revenue by Segment

	2011	2012	2013	2014	2015	2016	2017	2021	2022	2024
Payment Transaction Processing Revenue	-	-	-	-	-	-	-	390.7M	490.38M	861.74M
Payment Transaction Processing Revenue Growth	-	-	-	-	-	-	-	-	25.51%	75.73%
Other	-	-	-	-	-	-	-	4.82M	6.62M	10.01M
Other Growth	-	-	-	-	-	-	-	-	37.40%	51.10%
Verifone Systems	-	-	-	-	-	1.24B	1.09B	-	-	-
Verifone Systems Growth	-	-	-	-	-	-	-12.20%	-	-	-
Verifone Services	-	-	-	-	-	769.72M	788.49M	-	-	-
Verifone Services Growth	-	-	-	-	-	-	2.44%	-	-	-
ASPAC	-	-	210.33M	265.28M	-	-	-	-	-	-
ASPAC Growth	-	-	-	26.13%	-	-	-	-	-	-
International	822.81M	1.35B	-	-	-	-	-	-	-	-
International Growth	-	64.49%	-	-	-	-	-	-	-	-
Corporate	-5.64M	-20.48M	-	-	-	-	-	-	-	-
Corporate Growth	-	-262.83%	-	-	-	-	-	-	-	-

Revenue by Geography

	2011	2012	2013	2014	2015	2016	2017	2021	2022	2024
UNITED STATES	-	-	-	522.98M	789.39M	807.23M	627.72M	387.24M	487.07M	-
UNITED STATES Growth	-	-	-	-	50.94%	2.26%	-22.24%	-38.31%	25.78%	-
Non-US	-	-	-	-	-	-	1.24B	8.28M	9.93M	-
Non-US Growth	-	-	-	-	-	-	-	-99.33%	19.93%	-
Other countries	-	1.15B	1.07B	1.15B	1.07B	1.07B	-	-	-	-
Other countries Growth	-	-	-6.79%	7.59%	-6.56%	-0.53%	-	-	-	-
BRAZIL	-	-	-	197.47M	137.94M	117.43M	-	-	-	-
BRAZIL Growth	-	-	-	-	-30.15%	-14.86%	-	-	-	-
United States	-	509.24M	482.82M	-	-	-	-	-	-	-
United States Growth	-	-	-5.19%	-	-	-	-	-	-	-
Brazil	-	211.54M	151.96M	-	-	-	-	-	-	-
Brazil Growth	-	-	-28.16%	-	-	-	-	-	-	-
North America	486.5M	-	-	-	-	-	-	-	-	-
North America Growth	-	-	-	-	-	-	-	-	-	-
Europe	417.62M	-	-	-	-	-	-	-	-	-
Europe Growth	-	-	-	-	-	-	-	-	-	-
Latin America	275.93M	-	-	-	-	-	-	-	-	-
Latin America Growth	-	-	-	-	-	-	-	-	-	-
Asia	123.82M	-	-	-	-	-	-	-	-	-
Asia Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Paymentus Holdings, Inc. (PAY) has a price-to-earnings (P/E) ratio of 83.7x. This suggests investors expect higher future growth.

Growth & Financials

Paymentus Holdings, Inc. (PAY) reported $1.12B in revenue for fiscal year 2024. This represents a 12% increase from $1.00B in 2010.

Paymentus Holdings, Inc. (PAY) grew revenue by 41.9% over the past year. This is strong growth.

Yes, Paymentus Holdings, Inc. (PAY) is profitable, generating $59.4M in net income for fiscal year 2024 (5.1% net margin).

Dividend & Returns

Paymentus Holdings, Inc. (PAY) has a return on equity (ROE) of 9.7%. This is below average, suggesting room for improvement.

Paymentus Holdings, Inc. (PAY) generated $126.4M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.