Banxa Holdings Inc. (CVE:BNXA) Surges 94% Yet Its Low P/S Is No Reason For Excitement
Nov 10
Have your own idea? Try our Stock Screener
Canadian (TSX) Transaction and Payment Processing Services Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies5
- 7D-6.9%
- 3M-72.2%
- 1Y-61.2%
- YTDn/a
Over the last 7 days, the Transaction and Payment Processing Services industry has dropped 6.9%, driven by a pullback from Banxa Holdings of 43%. The industry has fallen 61% in the last year. In the next few years, earnings are forecast to decline by 169% annually.
Industry Valuation and Performance
Has the Canadian Transaction and Payment Processing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CA$127.4m | CA$254.6m | -CA$795,881.08 | 5.1x | -160.1x | 0.5x |
| Sat, 19 Oct 2024 | CA$6.9b | CA$2.1b | -CA$16,510,076.82 | 5.3x | -418.4x | 3.2x |
| Mon, 16 Sep 2024 | CA$7.1b | CA$2.1b | -CA$27,423,595.93 | 20.3x | -257.7x | 3.4x |
| Wed, 14 Aug 2024 | CA$7.0b | CA$2.1b | -CA$29,163,461.32 | 18.5x | -238.8x | 3.3x |
| Fri, 12 Jul 2024 | CA$6.7b | CA$2.1b | -CA$24,074,381.84 | 17.7x | -279.3x | 3.3x |
| Sun, 09 Jun 2024 | CA$6.7b | CA$2.1b | -CA$25,516,891.32 | 17.8x | -260.6x | 3.2x |
| Tue, 07 May 2024 | CA$6.7b | CA$2.0b | -CA$20,417,262.00 | 28.7x | -327.3x | 3.4x |
| Thu, 04 Apr 2024 | CA$6.6b | CA$2.0b | -CA$21,834,278.27 | 28.6x | -303.6x | 3.4x |
| Sat, 02 Mar 2024 | CA$5.5b | CA$1.8b | -CA$27,757,586.44 | 30.2x | -199.2x | 3x |
| Mon, 29 Jan 2024 | CA$5.2b | CA$1.8b | -CA$27,183,172.00 | 31.1x | -190x | 2.9x |
| Wed, 27 Dec 2023 | CA$5.3b | CA$1.9b | -CA$36,994,481.00 | 25.2x | -143x | 2.9x |
| Fri, 24 Nov 2023 | CA$4.1b | CA$1.9b | -CA$25,796,220.00 | 16.3x | -159.5x | 2.2x |
| Sun, 22 Oct 2023 | CA$3.3b | CA$1.7b | CA$10.8m | 41.1x | 306.8x | 1.9x |
| Tue, 19 Sep 2023 | CA$3.7b | CA$1.7b | CA$10.8m | 52.8x | 339.5x | 2.1x |
| Thu, 17 Aug 2023 | CA$3.7b | CA$1.7b | CA$13.5m | 56.9x | 277.8x | 2.2x |
| Sat, 15 Jul 2023 | CA$6.8b | CA$1.5b | CA$37.2m | 107.1x | 182.5x | 4.4x |
| Mon, 12 Jun 2023 | CA$6.0b | CA$1.5b | CA$23.0m | 94x | 260.9x | 4x |
| Wed, 10 May 2023 | CA$8.4b | CA$1.4b | CA$39.5m | 58x | 213.5x | 6x |
| Fri, 07 Apr 2023 | CA$8.2b | CA$1.3b | CA$27.8m | 100.6x | 294.3x | 6.1x |
Price to Earnings Ratio
279.9x
Current Industry PE
- Investors are pessimistic on the Canadian Transaction and Payment Processing Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 0.50x.
Past Earnings Growth
- Total earnings for the Transaction and Payment Processing Services industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 43% per year, which is driving profits down.
Industry Comparison
How does Canadian Transaction and Payment Processing Services compare with similar industries?
| CA Market | 0.41% | |
| Financials | 0.26% | |
| Diversified Financial | -0.041% | |
| Transaction and Payment Processing Services | -6.93% | |
| Other Diversified Financial Services | 0% | |
| Multi-Sector Holdings | 0% | |
| Specialized Finance | -1.91% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NVEI Nuvei | CA$47.87 | 2.3% +CA$161.4m | 77.7% | PE202.9x | |
| PAID XTM | CA$0.10 | 5.3% +CA$1.1m | -4.8% | PS2.7x |