Narrative Update • May 01

Over the last 7 days, the Transaction and Payment Processing Services industry has dropped 9.8%, driven by Wise Group declining 11%. Overall the industry is down 8.9% in 12 months. Earnings are forecast to grow by 14% annually.
Has the U.K. Transaction and Payment Processing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 18 May 2026 | UK£11.3b | UK£4.3b | UK£438.7m | 21.4x | 25.7x | 2.6x |
| Wed, 15 Apr 2026 | UK£12.7b | UK£4.3b | UK£438.5m | 22x | 29x | 2.9x |
| Fri, 13 Mar 2026 | UK£11.0b | UK£4.3b | UK£446.9m | 22.3x | 24.5x | 2.6x |
| Sun, 08 Feb 2026 | UK£11.4b | UK£4.3b | UK£440.0m | 28.4x | 25.9x | 2.7x |
| Tue, 06 Jan 2026 | UK£10.9b | UK£4.3b | UK£440.1m | 25.8x | 24.8x | 2.6x |
| Thu, 04 Dec 2025 | UK£10.6b | UK£4.3b | UK£440.3m | 23.9x | 24x | 2.5x |
| Sat, 01 Nov 2025 | UK£12.0b | UK£4.2b | UK£473.3m | 24.6x | 25.3x | 2.8x |
| Mon, 29 Sep 2025 | UK£13.1b | UK£4.2b | UK£465.9m | 27.3x | 28x | 3.1x |
| Wed, 27 Aug 2025 | UK£13.1b | UK£4.1b | UK£458.9m | 26.2x | 28.6x | 3.2x |
| Fri, 25 Jul 2025 | UK£12.8b | UK£4.2b | UK£466.9m | 25.5x | 27.4x | 3.1x |
| Sun, 22 Jun 2025 | UK£12.7b | UK£4.1b | UK£466.8m | 25.4x | 27.1x | 3.1x |
| Tue, 20 May 2025 | UK£13.0b | UK£4.0b | UK£502.4m | 20.7x | 26x | 3.2x |
| Thu, 17 Apr 2025 | UK£11.6b | UK£4.1b | UK£504.0m | 17.1x | 23x | 2.8x |
| Sat, 15 Mar 2025 | UK£10.9b | UK£4.0b | UK£463.7m | 14.5x | 23.6x | 2.7x |
| Mon, 10 Feb 2025 | UK£13.0b | UK£4.0b | UK£468.7m | 16.6x | 27.8x | 3.3x |
| Wed, 08 Jan 2025 | UK£13.5b | UK£4.0b | UK£468.8m | 16.8x | 28.8x | 3.4x |
| Fri, 06 Dec 2024 | UK£11.5b | UK£4.0b | UK£468.8m | 17.3x | 24.6x | 2.9x |
| Sun, 03 Nov 2024 | UK£9.5b | UK£3.8b | UK£387.0m | 18x | 24.5x | 2.5x |
| Tue, 01 Oct 2024 | UK£8.9b | UK£3.8b | UK£388.3m | 16.5x | 23x | 2.4x |
| Thu, 29 Aug 2024 | UK£11.2b | UK£4.1b | UK£444.3m | 19.9x | 25.3x | 2.8x |
| Sat, 27 Jul 2024 | UK£11.5b | UK£4.1b | UK£445.7m | 20.9x | 25.7x | 2.8x |
| Mon, 24 Jun 2024 | UK£11.1b | UK£4.1b | UK£446.7m | 19.7x | 24.9x | 2.7x |
| Wed, 22 May 2024 | UK£12.4b | UK£3.8b | UK£303.5m | 24.8x | 40.8x | 3.2x |
| Fri, 19 Apr 2024 | UK£12.3b | UK£3.8b | UK£300.0m | 31.5x | 41.2x | 3.2x |
| Sun, 17 Mar 2024 | UK£13.4b | UK£3.9b | UK£369.1m | 31.8x | 36.4x | 3.5x |
| Tue, 13 Feb 2024 | UK£12.7b | UK£3.9b | UK£363.9m | 31.7x | 35x | 3.3x |
| Thu, 11 Jan 2024 | UK£13.1b | UK£3.9b | UK£359.6m | 32.2x | 36.4x | 3.3x |
| Sat, 09 Dec 2023 | UK£12.1b | UK£3.9b | UK£360.6m | 31.7x | 33.7x | 3.1x |
| Mon, 06 Nov 2023 | UK£10.9b | UK£3.6b | UK£263.7m | 31.3x | 41.3x | 3x |
| Wed, 04 Oct 2023 | UK£11.2b | UK£3.7b | UK£267.0m | 30.6x | 41.8x | 3x |
| Fri, 01 Sep 2023 | UK£11.0b | UK£3.7b | UK£274.9m | 31.8x | 40x | 3x |
| Sun, 30 Jul 2023 | UK£12.4b | UK£3.7b | UK£274.5m | 33.2x | 45.3x | 3.4x |
| Tue, 27 Jun 2023 | UK£9.0b | UK£3.4b | UK£179.2m | 37.4x | 50.5x | 2.7x |
| Thu, 25 May 2023 | UK£9.2b | UK£3.4b | UK£181.3m | 38.9x | 51x | 2.7x |
51x
How does U.K. Transaction and Payment Processing Services compare with similar industries?
| GB Market | -0.73% | |
| Financials | -1.34% | |
| Diversified Financial | -4.92% | |
| Transaction and Payment Processing Services | -9.78% | |
| Other Diversified Financial Services | 1.36% | |
| Multi-Sector Holdings | 0% | 0 |
| Specialized Finance | -1.87% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EWG W.A.G payment solutions | UK£1.06 | 1.0% +UK£6.9m | 76.7% | PE410.1x | |
| BOKU Boku | UK£1.79 | 0.6% +UK£2.6m | 9.1% | PE57.6x |