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NVEI

NuveiTSX:NVEI Stock Report

Last Price

CA$83.56

Market Cap

CA$11.9b

7D

4.2%

1Y

23.2%

Updated

16 Jan, 2022

Data

Company Financials +
NVEI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance2/6
Financial Health5/6
Dividends0/6

NVEI Stock Overview

Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Asia Pacific, and Latin America.

Nuvei Competitors

PayPal Holdings

NasdaqGS:PYPL

US$209.6b

Fiserv

NasdaqGS:FISV

US$72.0b

Adyen

ENXTAM:ADYEN

€54.9b

Global Payments

NYSE:GPN

US$43.7b

Price History & Performance

Summary of all time highs, changes and price drops for Nuvei
Historical stock prices
Current Share PriceCA$83.56
52 Week HighCA$180.00
52 Week LowCA$54.47
Beta0
1 Month Change18.54%
3 Month Change-45.66%
1 Year Change23.17%
3 Year Changen/a
5 Year Changen/a
Change since IPO85.48%

Recent News & Updates

Oct 04
Returns At Nuvei (TSE:NVEI) Are On The Way Up

Returns At Nuvei (TSE:NVEI) Are On The Way Up

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...

Shareholder Returns

NVEICA ITCA Market
7D4.2%1.5%1.4%
1Y23.2%12.7%19.1%

Return vs Industry: NVEI exceeded the Canadian IT industry which returned 12.7% over the past year.

Return vs Market: NVEI exceeded the Canadian Market which returned 19.1% over the past year.

Price Volatility

Is NVEI's price volatile compared to industry and market?
NVEI volatility
NVEI Average Weekly Movement15.3%
IT Industry Average Movement10.3%
Market Average Movement9.7%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market3.7%

Stable Share Price: NVEI is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: NVEI's weekly volatility has increased from 10% to 15% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003869Philip Fayerhttps://www.nuvei.com

Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Asia Pacific, and Latin America. It provides a suite of payment solutions designed to support the entire lifecycle of a transaction across mobile or in-app, online, unattended, and in-store channels while providing what we believe is a superior payments experience. The company sells and distributes its solutions through direct sales, independent sales organizations, value-added resellers, and online marketplaces.

Nuvei Fundamentals Summary

How do Nuvei's earnings and revenue compare to its market cap?
NVEI fundamental statistics
Market CapUS$9.52b
Earnings (TTM)US$113.21m
Revenue (TTM)US$627.38m

84.1x

P/E Ratio

15.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NVEI income statement (TTM)
RevenueUS$627.38m
Cost of RevenueUS$122.16m
Gross ProfitUS$505.22m
ExpensesUS$392.01m
EarningsUS$113.21m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.79
Gross Margin80.53%
Net Profit Margin18.05%
Debt/Equity Ratio31.9%

How did NVEI perform over the long term?

See historical performance and comparison

Valuation

Is Nuvei undervalued compared to its fair value and its price relative to the market?

23.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NVEI (CA$83.56) is trading below our estimate of fair value (CA$109.57)

Significantly Below Fair Value: NVEI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NVEI is poor value based on its PE Ratio (84.1x) compared to the Canadian IT industry average (31.9x).

PE vs Market: NVEI is poor value based on its PE Ratio (84.1x) compared to the Canadian market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: NVEI is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: NVEI is overvalued based on its PB Ratio (6.1x) compared to the CA IT industry average (3.7x).


Future Growth

How is Nuvei forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

39.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NVEI's forecast earnings growth (39.2% per year) is above the savings rate (1.6%).

Earnings vs Market: NVEI's earnings (39.2% per year) are forecast to grow faster than the Canadian market (11% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NVEI's revenue (28.4% per year) is forecast to grow faster than the Canadian market (5.5% per year).

High Growth Revenue: NVEI's revenue (28.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NVEI's Return on Equity is forecast to be low in 3 years time (17.7%).


Past Performance

How has Nuvei performed over the past 5 years?

16.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NVEI has a large one-off loss of $40.3M impacting its September 30 2021 financial results.

Growing Profit Margin: NVEI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: NVEI has become profitable over the past 5 years, growing earnings by 16.5% per year.

Accelerating Growth: NVEI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NVEI has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (34.4%).


Return on Equity

High ROE: NVEI's Return on Equity (7.4%) is considered low.


Financial Health

How is Nuvei's financial position?


Financial Position Analysis

Short Term Liabilities: NVEI's short term assets ($942.0M) exceed its short term liabilities ($731.8M).

Long Term Liabilities: NVEI's short term assets ($942.0M) exceed its long term liabilities ($584.5M).


Debt to Equity History and Analysis

Debt Level: NVEI's net debt to equity ratio (13.5%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if NVEI's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: NVEI's debt is well covered by operating cash flow (49%).

Interest Coverage: NVEI earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Nuvei current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NVEI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NVEI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NVEI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NVEI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NVEI's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Philip Fayer (43 yo)

no data

Tenure

US$2,993,016

Compensation

Mr. Philip Fayer serves as Chair and Chief Executive Officer at Nuvei Corporation and Nuvei Technologies Inc. since February 2018. He is the founder of Nuvei Corporation. Mr. Fayer serves as a Director of...


CEO Compensation Analysis

Compensation vs Market: Philip's total compensation ($USD2.99M) is about average for companies of similar size in the Canadian market ($USD3.52M).

Compensation vs Earnings: Insufficient data to compare Philip's compensation with company performance.


Leadership Team

Experienced Management: NVEI's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: NVEI's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NVEI insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.5%.


Top Shareholders

Company Information

Nuvei Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Nuvei Corporation
  • Ticker: NVEI
  • Exchange: TSX
  • Founded: 2003
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Implied Market Cap: CA$11.945b
  • Shares outstanding: 142.95m
  • Website: https://www.nuvei.com

Number of Employees


Location

  • Nuvei Corporation
  • 1100 RenE-LEvesque Boulevard
  • 9th floor
  • Montreal
  • Quebec
  • H3B 4N4
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 23:19
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.