| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
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
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$83.56 |
| 52 Week High | CA$180.00 |
| 52 Week Low | CA$54.47 |
| Beta | 0 |
| 1 Month Change | 18.54% |
| 3 Month Change | -45.66% |
| 1 Year Change | 23.17% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 85.48% |
Recent News & Updates
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
| NVEI | CA IT | CA Market | |
|---|---|---|---|
| 7D | 4.2% | 1.5% | 1.4% |
| 1Y | 23.2% | 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
| NVEI volatility | |
|---|---|
| NVEI Average Weekly Movement | 15.3% |
| IT Industry Average Movement | 10.3% |
| Market Average Movement | 9.7% |
| 10% most volatile stocks in CA Market | 17.7% |
| 10% least volatile stocks in CA Market | 3.7% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 869 | Philip Fayer | https://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
| NVEI fundamental statistics | |
|---|---|
| Market Cap | US$9.52b |
| Earnings (TTM) | US$113.21m |
| Revenue (TTM) | US$627.38m |
84.1x
P/E Ratio15.2x
P/S RatioIs NVEI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NVEI income statement (TTM) | |
|---|---|
| Revenue | US$627.38m |
| Cost of Revenue | US$122.16m |
| Gross Profit | US$505.22m |
| Expenses | US$392.01m |
| Earnings | US$113.21m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.79 |
| Gross Margin | 80.53% |
| Net Profit Margin | 18.05% |
| Debt/Equity Ratio | 31.9% |
How did NVEI perform over the long term?
See historical performance and comparisonValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/16 23:19 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.