How does TYR's PE Ratio compare to its peers?

TYR is expensive based on its Price-To-Earnings Ratio (18.7x) compared to the peer average (12.1x).

How does TYR's PE Ratio compare vs other companies in the Oceanian Diversified Financial Industry?

TYR is expensive based on its Price-To-Earnings Ratio (18.7x) compared to the Global Diversified Financial industry average (16.3x).

What is TYR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TYR is expensive based on its Price-To-Earnings Ratio (18.7x) compared to the estimated Fair Price-To-Earnings Ratio (14.1x).

What is the Fair Price of TYR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TYR (A$0.91) is trading above our estimate of [[fair value]] (A$0.79)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Tyro Payments (ASX:TYR) - Stock Price, News & Analysis

TYR Stock Overview

Engages in the provision of payment solutions to merchants in Australia. More details

TYR fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (18.7x) is below the Australian market (19.9x)

Earnings grew by 327.5% over the past year

Analysts in good agreement that stock price will rise by 55.4%

Risk Analysis

Large one-off items impacting financial results

Tyro Payments Limited Competitors

Cuscal

ASX:CCL

AU$459.7m

OFX Group

ASX:OFX

AU$330.7m

Australian Finance Group

ASX:AFG

AU$430.5m

Pepper Money

ASX:PPM

AU$603.0m

Price History & Performance

Summary of all time highs, changes and price drops for Tyro Payments
Historical stock prices
Current Share Price	AU$0.91
52 Week High	AU$1.30
52 Week Low	AU$0.75
Beta	1.78
11 Month Change	17.42%
3 Month Change	-11.65%
1 Year Change	-9.90%
33 Year Change	-67.73%
5 Year Change	-73.08%
Change since IPO	-73.08%

Recent updates

A Look At The Fair Value Of Tyro Payments Limited (ASX:TYR)

Jul 01

When Will Tyro Payments Limited (ASX:TYR) Become Profitable?

Mar 23

Should You Review Recent Insider Transactions At Tyro Payments Limited (ASX:TYR)?

Feb 16

Tyro Payments' (ASX:TYR) Stock Price Has Reduced 15% In The Past Year

Jan 12

Tyro Payments Limited's (ASX:TYR) Intrinsic Value Is Potentially 18% Below Its Share Price

Dec 10

Here's Why We're Not Too Worried About Tyro Payments's (ASX:TYR) Cash Burn Situation

Jun 30

Shareholder Returns

	TYR	AU Diversified Financial	AU Market
7D	-2.2%	0.4%	0.5%
1Y	-9.9%	10.8%	17.4%

Return vs Industry: TYR underperformed the Australian Diversified Financial industry which returned 10.8% over the past year.

Return vs Market: TYR underperformed the Australian Market which returned 17.4% over the past year.

Price Volatility

Is TYR's price volatile compared to industry and market?
TYR volatility
TYR Average Weekly Movement	5.5%
Diversified Financial Industry Average Movement	6.7%
Market Average Movement	8.3%
10% most volatile stocks in AU Market	17.0%
10% least volatile stocks in AU Market	3.2%

Stable Share Price: TYR has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: TYR's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2003	626	Jon Davey	www.tyro.com

Tyro Payments Limited engages in the provision of payment solutions to merchants in Australia. The company operates through two segments, Payments and Banking. The Payments segment acquires and processes electronic payment transactions from merchants; and sells terminal accessories.

Tyro Payments Limited Fundamentals Summary

How do Tyro Payments's earnings and revenue compare to its market cap?
TYR fundamental statistics
Market cap	AU$463.75m
Earnings (TTM)	AU$25.71m
Revenue (TTM)	AU$497.72m

18.7x

P/E Ratio

1.0x

P/S Ratio

Is TYR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TYR income statement (TTM)
Revenue	AU$497.72m
Cost of Revenue	AU$271.85m
Gross Profit	AU$225.87m
Other Expenses	AU$200.16m
Earnings	AU$25.71m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.049
Gross Margin	45.38%
Net Profit Margin	5.16%
Debt/Equity Ratio	0%

How did TYR perform over the long term?

See historical performance and comparison

TYR Stock Overview

Rewards

Risk Analysis

Tyro Payments Limited Competitors

ASX:CCL

AU$459.7m

ASX:OFX

AU$330.7m

ASX:AFG

AU$430.5m

ASX:PPM

AU$603.0m

Price History & Performance

Recent News & Updates

Now 20% overvalued

Now 21% overvalued

Consensus EPS estimates increase by 27%, revenue downgraded

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Now 20% overvalued after recent price rise

Tyro Payments Limited Announces Chief Financial Officer Changes

Recent updates

Now 20% overvalued

Now 21% overvalued

Consensus EPS estimates increase by 27%, revenue downgraded

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Now 20% overvalued after recent price rise

Tyro Payments Limited Announces Chief Financial Officer Changes

Consensus EPS estimates fall by 12%

Consensus EPS estimates increase by 10%

Price target decreased by 8.7% to AU$1.45

First half 2024 earnings released: EPS: AU$0.01 (vs AU$0.002 in 1H 2023)

New minor risk - Earnings quality

Tyro Payments Limited to Report First Half, 2024 Results on Feb 27, 2024

Tyro Payments Limited to Report Fiscal Year 2024 Results on Aug 26, 2024

Tyro Payments Limited Announces Appointment of Jon Davey as Managing Director and Board of Director, Effective on September 1, 2023

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Forecast breakeven date pushed back to 2024

Tyro Payments Ends Buyout Discussions with Potentia After Rejecting AUD 875 Million Bid

Forecast breakeven date pushed back to 2024

Forecast breakeven date pushed back to 2025

Price target increased by 8.0% to AU$1.75

Forecast breakeven date moved forward to 2023

Tyro Payments Limited Reaches Agreement to Settle Class Action

Tyro Payments Limited, Annual General Meeting, Oct 26, 2023

Tyro Payments Limited to Report First Half, 2023 Results on Feb 28, 2023

A consortium of HarbourVest Partners, LLC, MLC Investments Limited, Cbus Industry Superannuation Fund led by Potentia Capital Pty. Ltd. cancelled the bid to acquire Tyro Payments Limited (ASX:TYR) from Grok Ventures Pty. Ltd. and others.

A consortium of HarbourVest Partners, LLC, MLC Investments Limited, Cbus Industry Superannuation Fund led by Potentia Capital Pty. Ltd. cancelled the bid to acquire Tyro Payments Limited (ASX:TYR) from Grok Ventures Pty. Ltd. and others.

Westpac Reportedly Plays the Long Game in Tyro Payments Buy

Westpac Reportedly Closer to Tyro Deal as Second Suitor Turns Up

Tyro Payments in Takeover Talks with Selected Parties

Tyro Payments Announces Resignation of Robbie Cooke from the Board, Effective 3 October 2022

Tyro Payments Limited Announces Appointment of Jonathan (Jon) Davey as Chief Executive Officer

Consensus forecasts updated

Price target decreased to AU$1.60

Forecast breakeven date moved forward to 2024

Full year 2022 earnings: EPS misses analyst expectations

Forecast to breakeven in 2024

Forecast breakeven date pushed back to 2025

A Look At The Fair Value Of Tyro Payments Limited (ASX:TYR)

Tyro Payments Limited Announces Resignation of Robbie Cooke as Managing Director

High number of new directors

Independent Non-Executive Chairman recently bought AU$101k worth of stock

First half 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

Forecast breakeven date pushed back to 2024

Price target decreased to AU$3.61

High number of new directors

Non-Executive Non-Independent Director recently sold AU$8.2m worth of stock

Full year 2021 earnings released: AU$0.059 loss per share (vs AU$0.08 loss in FY 2020)

Price target increased to AU$4.02

Independent Non-Executive Director Catherine Harris has left the company

Non-Executive Non-Independent Director recently sold AU$2.8m worth of stock

Non-Executive Non-Independent Director recently sold AU$5.3m worth of stock

Tyro Payments Limited (ASX:TYR) completed the acquisition of Medipass Solutions Pty Ltd from founder Peter Williams, Chief Executive Officer Jonathan Davey, NAB Ventures, fund managed by National Australia Bank, Investment Arm and other.

Non-Executive Non-Independent Director recently sold AU$1.5m worth of stock

Tyro Payments Limited (ASX:TYR) signed an agreement to acquire Medipass Solutions Pty Ltd from founder Peter Williams, Chief Executive Officer Jonathan Davey, NAB Ventures, fund managed by National Australia Bank, Investment Arm and other for AUD 22.5 million.

Consensus forecasts updated

When Will Tyro Payments Limited (ASX:TYR) Become Profitable?

New 90-day high: AU$3.42

Analysts update estimates