Narrative Update • May 27

In the last week, the Transaction and Payment Processing Services industry is up 2.6%, with Tyro Payments up 6.0%. In the past year, the industry is down 16%. As for the next few years, earnings are expected to grow by 32% per annum.
Has the Australian Transaction and Payment Processing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 31 May 2026 | AU$1.8b | AU$1.6b | -AU$52,194,104.79 | 25.2x | -34.9x | 1.2x |
| Tue, 28 Apr 2026 | AU$1.8b | AU$1.6b | -AU$17,006,963.76 | 20.5x | -103.4x | 1.1x |
| Thu, 26 Mar 2026 | AU$1.6b | AU$1.6b | -AU$16,975,635.19 | 18.1x | -97.1x | 1.1x |
| Sat, 21 Feb 2026 | AU$1.8b | AU$1.5b | -AU$22,421,153.02 | 26.8x | -80.5x | 1.2x |
| Mon, 19 Jan 2026 | AU$1.9b | AU$1.5b | -AU$22,486,647.70 | 28.8x | -85.9x | 1.3x |
| Wed, 17 Dec 2025 | AU$1.9b | AU$1.5b | -AU$22,495,907.00 | 27x | -85x | 1.2x |
| Fri, 14 Nov 2025 | AU$2.0b | AU$1.5b | -AU$3,161,687.90 | 27.2x | -624x | 1.3x |
| Sun, 12 Oct 2025 | AU$2.1b | AU$1.5b | AU$5.2m | 26x | 415.7x | 1.4x |
| Tue, 09 Sep 2025 | AU$2.3b | AU$1.5b | AU$5.2m | 25.3x | 436.9x | 1.5x |
| Thu, 07 Aug 2025 | AU$2.0b | AU$1.6b | AU$74.2m | 18x | 26.8x | 1.3x |
| Sat, 05 Jul 2025 | AU$2.0b | AU$1.6b | AU$74.2m | 17.4x | 26.3x | 1.3x |
| Mon, 02 Jun 2025 | AU$2.0b | AU$1.6b | AU$73.6m | 16.9x | 26.6x | 1.2x |
| Wed, 30 Apr 2025 | AU$1.8b | AU$1.6b | AU$87.1m | 14.2x | 20.5x | 1.1x |
| Fri, 28 Mar 2025 | AU$1.8b | AU$1.6b | AU$87.1m | 14.9x | 20.9x | 1.2x |
| Sun, 23 Feb 2025 | AU$1.9b | AU$1.5b | AU$69.6m | 16x | 27.9x | 1.3x |
| Tue, 21 Jan 2025 | AU$1.8b | AU$1.5b | AU$69.5m | 15.6x | 26.4x | 1.2x |
| Thu, 19 Dec 2024 | AU$1.9b | AU$1.5b | AU$69.6m | 14.4x | 27x | 1.2x |
| Sat, 16 Nov 2024 | AU$1.5b | AU$1.0b | AU$42.4m | 19.2x | 35.4x | 1.4x |
| Mon, 14 Oct 2024 | AU$1.6b | AU$1.0b | AU$47.6m | 18.4x | 33.2x | 1.5x |
| Wed, 11 Sep 2024 | AU$1.5b | AU$1.0b | AU$47.6m | 20.6x | 31.7x | 1.5x |
| Fri, 09 Aug 2024 | AU$1.5b | AU$1.1b | -AU$125,714,745.88 | 43x | -11.8x | 1.4x |
| Sun, 07 Jul 2024 | AU$1.7b | AU$1.1b | -AU$125,604,803.86 | 48.5x | -13.1x | 1.5x |
| Tue, 04 Jun 2024 | AU$1.5b | AU$1.1b | -AU$125,663,505.93 | 42.8x | -11.9x | 1.4x |
| Thu, 02 May 2024 | AU$1.4b | AU$1.1b | -AU$125,584,833.03 | 44.5x | -11.3x | 1.3x |
| Sat, 30 Mar 2024 | AU$1.6b | AU$1.1b | -AU$125,576,127.21 | 41.9x | -12.4x | 1.5x |
| Mon, 26 Feb 2024 | AU$1.4b | AU$1.0b | -AU$247,760,099.06 | 29.1x | -5.8x | 1.4x |
| Wed, 24 Jan 2024 | AU$1.5b | AU$1.3b | -AU$275,230,644.00 | 17.4x | -5.5x | 1.2x |
| Fri, 22 Dec 2023 | AU$1.4b | AU$1.2b | -AU$275,329,384.00 | 14.7x | -5.2x | 1.2x |
| Sun, 19 Nov 2023 | AU$1.4b | AU$1.2b | -AU$278,815,902.00 | 12.1x | -5.1x | 1.2x |
| Tue, 17 Oct 2023 | AU$1.7b | AU$1.2b | -AU$275,815,855.00 | 13.7x | -6x | 1.4x |
| Thu, 14 Sep 2023 | AU$1.7b | AU$1.2b | -AU$275,259,278.00 | 14.2x | -6.2x | 1.5x |
| Sat, 12 Aug 2023 | AU$1.6b | AU$1.1b | -AU$154,547,305.00 | 14.9x | -10.4x | 1.5x |
| Mon, 10 Jul 2023 | AU$1.5b | AU$1.1b | -AU$153,270,543.00 | 14.5x | -9.6x | 1.4x |
| Wed, 07 Jun 2023 | AU$1.0b | AU$861.1m | -AU$184,892,036.00 | n/a | -5.6x | 1.2x |
-5.6x
How does Australian Transaction and Payment Processing Services compare with similar industries?
| AU Market | 0.98% | |
| Financials | -1.13% | |
| Diversified Financial | 0.012% | |
| Transaction and Payment Processing Services | 2.62% | |
| Multi-Sector Holdings | 2.53% | |
| Specialized Finance | 0.32% | |
| Other Diversified Financial Services | -4.07% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TYR Tyro Payments | AU$0.89 | 6.0% +AU$26.4m | 0% | PE18.5x | |
| CCL Cuscal | AU$4.80 | 1.3% +AU$12.0m | 63.3% | PE25.2x | |
| EML EML Payments | AU$0.39 | 6.8% +AU$9.7m | -65.5% | PS0.7x | |
| OFX OFX Group | AU$0.58 | 1.7% +AU$2.3m | -18.8% | PS0.6x |