Payoneer Global Inc. (PAYO) Financial Ratios
8 years of historical data (2018–2025) · Technology · Software - Infrastructure
EV/EBITDA
↓
10.55
↓-28% vs avg
5yr avg: 14.69
30Y Low9.3·High21.6
P/FCF
↓
11.37
↓-53% vs avg
5yr avg: 24.09
30Y Low10.2·High34.5
P/B Ratio
↓
3.75
-8% vs avg
5yr avg: 4.06
30Y Low3.0·High143.4
ROE
↑
10.2%
↓+86% vs avg
5yr avg: 5.5%
30Y Low-251%·High17%
Debt/EBITDA
↓
0.38
↑+26% vs avg
5yr avg: 0.30
30Y Low0.1·High6.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PAYO Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Payoneer Global Inc. trades at 36.9x earnings, 32% above its 5-year average of 27.9x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 27%. On a free-cash-flow basis, the stock trades at 11.4x P/FCF, 53% below the 5-year average of 24.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.4B | $2.1B | $3.9B | $2.0B | $1.9B | $2.6B | $3.5B | — | — |
| Enterprise Value | $2.0B | $1.8B | $3.4B | $1.5B | $1.4B | $2.2B | $3.4B | — | — |
| P/E Ratio → | 36.95 | 29.58 | 32.39 | 21.71 | — | — | — | — | — |
| P/S Ratio | 2.23 | 2.01 | 3.97 | 2.46 | 3.03 | 5.55 | 10.08 | — | — |
| P/B Ratio | 3.75 | 3.01 | 5.35 | 3.08 | 3.49 | 5.39 | 143.42 | — | — |
| P/FCF | 11.37 | 10.25 | 33.28 | 18.32 | 34.53 | — | — | — | — |
| P/OCF | 10.07 | 9.07 | 21.92 | 12.83 | 22.68 | 131.28 | 365.84 | — | — |
P/E links to full P/E history page with 30-year chart
PAYO EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Payoneer Global Inc.'s enterprise value stands at 10.5x EBITDA, 28% below its 5-year average of 14.7x. The Technology sector median is 16.7x, placing the stock at a 37% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.69 | 3.48 | 1.77 | 2.22 | 4.61 | 9.90 | — | — |
| EV / EBITDA | 10.55 | 9.32 | 21.57 | 13.18 | — | — | — | — | — |
| EV / EBIT | 16.10 | 15.35 | 24.39 | 11.11 | 118.46 | — | — | — | — |
| EV / FCF | — | 8.59 | 29.19 | 13.18 | 25.24 | — | — | — | — |
PAYO Profitability
Margins and return-on-capital ratios measuring operating efficiency
Payoneer Global Inc. earns an operating margin of 11.8%. ROE of 10.2% is modest. ROIC of 30.7% represents excellent 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 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 78.1% | 78.1% | 84.4% | 85.3% | 82.4% | 78.6% | 71.9% | 70.2% | 68.7% |
| Operating Margin | 11.8% | 11.8% | 15.2% | 12.5% | -3.5% | -6.4% | -5.0% | 1.1% | -0.7% |
| Net Profit Margin | 7.0% | 7.0% | 12.4% | 11.2% | -1.9% | -7.2% | -6.9% | -0.2% | -2.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 10.2% | 10.2% | 17.4% | 15.4% | -2.3% | -13.3% | -250.8% | -0.9% | -5.2% |
| ROA | 0.9% | 0.9% | 1.6% | 1.3% | -0.2% | -0.8% | -0.8% | -0.0% | -0.5% |
| ROIC | 30.7% | 30.7% | 65.9% | 125.7% | -43.2% | -833.3% | — | — | -4.2% |
| ROCE | 14.9% | 14.9% | 19.3% | 15.3% | -3.7% | -7.5% | -7.8% | 1.8% | -1.1% |
PAYO Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Payoneer Global Inc. carries a Debt/EBITDA ratio of 0.4x, which is very conservative (87% below the sector average of 2.9x). The company holds a net cash position — cash of $416M exceeds total debt of $72M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.10 | 0.10 | 0.03 | 0.07 | 0.06 | 0.05 | 1.65 | — | — |
| Debt / EBITDA | 0.38 | 0.38 | 0.14 | 0.39 | — | — | — | 6.17 | — |
| Net Debt / Equity | — | -0.49 | -0.66 | -0.86 | -0.94 | -0.91 | -2.59 | — | -0.75 |
| Net Debt / EBITDA | -1.80 | -1.80 | -3.02 | -5.14 | — | — | — | -5.64 | -43.61 |
| Debt / FCF | — | -1.66 | -4.09 | -5.14 | -9.29 | — | — | — | — |
| Interest Coverage | — | — | — | — | 1.16 | -113.89 | — | — | — |
Net cash position: cash ($416M) exceeds total debt ($72M)
PAYO Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.00x means Payoneer Global Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.09x to 1.00x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.00 | 1.00 | 1.00 | 1.09 | 1.08 | 1.10 | 1.04 | 1.09 | 1.13 |
| Quick Ratio | 1.00 | 1.00 | 1.00 | 1.09 | 1.08 | 1.10 | 1.04 | 1.09 | 1.13 |
| Cash Ratio | 0.05 | 0.05 | 0.07 | 0.09 | 0.09 | 0.10 | 0.03 | 0.07 | 0.07 |
| Asset Turnover | — | 0.12 | 0.12 | 0.11 | 0.10 | 0.09 | 0.09 | 0.16 | 0.16 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 33.90 | 34.66 | 29.12 | 35.59 | 59.63 | 88.75 | 84.00 | — |
PAYO Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Payoneer Global Inc. returns 7.4% to shareholders annually primarily through share buybacks. The earnings yield of 2.7% (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 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.7% | 3.4% | 3.1% | 4.6% | — | — | — | — | — |
| FCF Yield | 8.8% | 9.8% | 3.0% | 5.5% | 2.9% | — | — | — | — |
| Buyback Yield | 7.4% | 8.3% | 3.5% | 2.7% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 7.4% | 8.3% | 3.5% | 2.7% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $377M | $386M | $393M | $348M | $357M | $338M | $338M | $338M |
Peer Comparison
Compare PAYO 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 |
|---|---|---|---|---|---|---|---|---|---|
 PAYOYou | $2B | 36.9 | 10.5 | 11.4 | 78.1% | 11.8% | 10.2% | 30.7% | 0.4 |
 WU | $2B | 4.7 | 1.1 | 5.7 | 28.7% | 19.4% | 51.9% | 23.3% | — |
 FLYW | $2B | 144.1 | 41.8 | 19.1 | 61.4% | 1.8% | 1.6% | 2.1% | — |
 RELY | $4B | 68.1 | 38.6 | 15.0 | 57.1% | 5.0% | 8.9% | 14.2% | 2.1 |
 CASS | $639M | 19.0 | 6.5 | 20.1 | 100.0% | 20.3% | 14.9% | — | 0.1 |
 PYPL | $37B | 7.9 | 5.6 | 6.7 | 46.6% | 18.3% | 25.7% | 15.0% | 1.4 |
 AFRM | $25B | 492.8 | 225.8 | 40.9 | 67.5% | -2.7% | 1.8% | -0.7% | 57.0 |
 BILL | $3B | 141.2 | 437.4 | 10.4 | 81.4% | -5.5% | 0.6% | -1.4% | 200.5 |
 RPAY | $299M | -1.1 | 6.9 | 3.3 | 75.0% | -3.9% | -40.9% | -1.0% | 4.9 |
 V | $628B | 32.1 | 25.1 | 29.1 | 80.4% | 60.0% | 52.1% | 29.2% | 1.0 |
 MA | $434B | 29.6 | 21.5 | 25.6 | 83.4% | 59.2% | 209.9% | 56.5% | 0.9 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 8 years · Updated daily
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PAYO — Frequently Asked Questions
Quick answers to the most common questions about buying PAYO stock.
What is Payoneer Global Inc.'s P/E ratio?
Payoneer Global Inc.'s current P/E ratio is 36.9x. The historical average is 27.9x. This places it at the 100th percentile of its historical range.
What is Payoneer Global Inc.'s EV/EBITDA?
Payoneer Global Inc.'s current EV/EBITDA is 10.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.7x.
What is Payoneer Global Inc.'s ROE?
Payoneer Global Inc.'s return on equity (ROE) is 10.2%. The historical average is -28.7%.
Is PAYO stock overvalued?
Based on historical data, Payoneer Global Inc. is trading at a P/E of 36.9x. 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 Payoneer Global Inc.'s profit margins?
Payoneer Global Inc. has 78.1% gross margin and 11.8% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Payoneer Global Inc. have?
Payoneer Global Inc.'s Debt/EBITDA ratio is 0.4x, indicating low leverage. A ratio below 2x is generally considered financially healthy.