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EVO Payments

DB:E19
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
E19
DB
$2B
Imp Market Cap
  1. Home
  2. DE
  3. Software
Company description

EVO Payments, Inc. operates as an integrated merchant acquirer and payment processor servicing approximately 525,000 merchants. The last earnings update was 7 days ago. More info.


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E19 Share Price and Events
7 Day Returns
5.8%
DB:E19
-8.2%
DE IT
2.1%
DE Market
1 Year Returns
-
DB:E19
6.3%
DE IT
-7.6%
DE Market
E19 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
EVO Payments (E19) 5.8% 6.6% 16.1% - - -
DE IT -8.2% 9.7% -8% 6.3% 142% 209.6%
DE Market 2.1% 3.6% 8.1% -7.6% 9.8% 12.4%
1 Year Return vs Industry and Market
  • No trading data on E19.
  • No trading data on E19.
Price Volatility
Industry
5yr Volatility vs Market

E19 Value

 Is EVO Payments undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of EVO Payments to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for EVO Payments.

DB:E19 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:E19
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.057 (1 + (1- 21%) (32.3%))
1.219
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.22
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.219 * 5.96%)
7.49%

Discounted Cash Flow Calculation for DB:E19 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for EVO Payments is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:E19 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.49%)
2019 93.50 Analyst x2 86.98
2020 111.35 Analyst x2 96.36
2021 124.98 Est @ 12.24% 100.62
2022 135.78 Est @ 8.64% 101.69
2023 144.08 Est @ 6.12% 100.39
2024 150.35 Est @ 4.35% 97.45
2025 155.03 Est @ 3.11% 93.48
2026 158.51 Est @ 2.25% 88.91
2027 161.11 Est @ 1.64% 84.07
2028 163.07 Est @ 1.22% 79.16
Present value of next 10 years cash flows $929.11
DB:E19 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $163.07 × (1 + 0.23%) ÷ (7.49% – 0.23%)
$2,249.27
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,249.27 ÷ (1 + 7.49%)10
$1,091.88
DB:E19 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $929.11 + $1,091.88
$2,021.00
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,021.00 / 81.78
$24.71
DB:E19 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:E19 represents 0.86965x of NasdaqGM:EVOP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.86965x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 24.71 x 0.86965
€21.49
Value per share (EUR) From above. €21.49
Current discount Discount to share price of €23.75
= -1 x (€23.75 - €21.49) / €21.49
-10.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of EVO Payments is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for EVO Payments's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are EVO Payments's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:E19 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.70
NasdaqGM:EVOP Share Price ** NasdaqGM (2019-03-20) in USD $27.31
Germany IT Industry PE Ratio Median Figure of 20 Publicly-Listed IT Companies 26.86x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 18.91x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of EVO Payments.

DB:E19 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:EVOP Share Price ÷ EPS (both in USD)

= 27.31 ÷ -0.70

-39.13x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • EVO Payments is loss making, we can't compare its value to the DE IT industry average.
  • EVO Payments is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does EVO Payments's expected growth come at a high price?
Raw Data
DB:E19 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -39.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
85.7%per year
Germany IT Industry PEG Ratio Median Figure of 15 Publicly-Listed IT Companies 1.45x
Germany Market PEG Ratio Median Figure of 276 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for EVO Payments, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on EVO Payments's assets?
Raw Data
DB:E19 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $-1.87
NasdaqGM:EVOP Share Price * NasdaqGM (2019-03-20) in USD $27.31
Germany IT Industry PB Ratio Median Figure of 25 Publicly-Listed IT Companies 3.87x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.79x
DB:E19 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:EVOP Share Price ÷ Book Value per Share (both in USD)

= 27.31 ÷ -1.87

-14.62x

* Primary Listing of EVO Payments.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • EVO Payments has negative assets, we can't compare the value of its assets to the DE IT industry average.
X
Value checks
We assess EVO Payments's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. EVO Payments has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

E19 Future Performance

 How is EVO Payments expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
85.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is EVO Payments expected to grow at an attractive rate?
  • EVO Payments's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • EVO Payments's earnings growth is expected to exceed the Germany market average.
  • EVO Payments's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:E19 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:E19 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 85.7%
DB:E19 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 7.9%
Germany IT Industry Earnings Growth Rate Market Cap Weighted Average 23.5%
Germany IT Industry Revenue Growth Rate Market Cap Weighted Average 16.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:E19 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:E19 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 718 8 2
2020-12-31 664 125 13 9
2019-12-31 607 100 -11 9
DB:E19 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 565 202 -15
2018-09-30 553 72 -15
2018-06-30 540 54 1
2018-03-31 523 44 -26
2017-12-31 505 8 -40
2017-09-30 475 18 -45
2017-06-30 449 -4 -37
2017-03-31 429 0 35
2016-12-31 419 33 48

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • EVO Payments's earnings are expected to grow significantly at over 20% yearly.
  • EVO Payments's revenue is expected to grow by 7.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:E19 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from EVO Payments Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:E19 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.10 0.10 0.10 1.00
2020-12-31 0.07 0.20 -0.06 2.00
2019-12-31 -0.15 -0.08 -0.22 2.00
DB:E19 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.70
2018-09-30 -0.57
2018-06-30 0.03
2018-03-31 -3.26
2017-12-31 -5.12
2017-09-30 -5.78
2017-06-30 -4.68
2017-03-31 4.51
2016-12-31 6.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • EVO Payments is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess EVO Payments's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
EVO Payments has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

E19 Past Performance

  How has EVO Payments performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare EVO Payments's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • EVO Payments does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare EVO Payments's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare EVO Payments's 1-year growth to the DE IT industry average as it is not currently profitable.
Earnings and Revenue History
EVO Payments's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from EVO Payments Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:E19 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 564.75 -14.71 311.35
2018-09-30 552.52 -14.58 247.18
2018-06-30 540.40 0.55 239.51
2018-03-31 523.41 -25.64 229.56
2017-12-31 504.75 -40.24 219.67
2017-09-30 474.87 -45.38 212.89
2017-06-30 448.67 -36.74 196.39
2017-03-31 429.19 35.30 184.85
2016-12-31 419.22 47.71 174.20
2015-12-31 355.51 32.84 147.13

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if EVO Payments has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • EVO Payments used its assets less efficiently than the DE IT industry average last year based on Return on Assets.
  • It is difficult to establish if EVO Payments improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess EVO Payments's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
EVO Payments has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

E19 Health

 How is EVO Payments's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up EVO Payments's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • EVO Payments is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • EVO Payments's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of EVO Payments's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from EVO Payments Company Filings, last reported 2 months ago.

DB:E19 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 147.41 725.88 350.70
2018-09-30 177.35 717.09 235.48
2018-06-30 158.96 712.73 207.18
2018-03-31 -39.19 910.83 220.07
2017-12-31 -18.27 864.52 205.14
2017-09-30 -10.95 865.73 227.41
2017-06-30 -5.62 866.84 205.09
2017-03-31 -12.51 850.25 201.44
2016-12-31 -97.23 808.56 203.32
2015-12-31 -95.07 742.59 253.70
  • EVO Payments's level of debt (492.4%) compared to net worth is high (greater than 40%).
  • Unable to establish if EVO Payments's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making EVO Payments has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making EVO Payments has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -78.1% per year.
X
Financial health checks
We assess EVO Payments's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. EVO Payments has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

E19 Dividends

 What is EVO Payments's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from EVO Payments dividends. Estimated to be 0% next year.
If you bought €2,000 of EVO Payments shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate EVO Payments's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate EVO Payments's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:E19 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Germany IT Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 0.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:E19 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 2.00
2019-12-31 0.00 2.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as EVO Payments has not reported any payouts.
  • Unable to verify if EVO Payments's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of EVO Payments's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as EVO Payments has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of EVO Payments's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess EVO Payments's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can EVO Payments afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. EVO Payments has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

E19 Management

 What is the CEO of EVO Payments's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jim Kelly
COMPENSATION $1,391,796
AGE 56
TENURE AS CEO 1.9 years
CEO Bio

Mr. James G. Kelly has been Chief Executive Officer of EVO Payments, Inc. since April 20, 2017 and Director since May 2018. Mr. Kelly has been Chief Executive Officer and a member of the board of managers of the EVO LLC since January 2012. He has extensive experience in executive leadership positions in the payment services industry. Before joining EVO, Mr. Kelly served as President of Global Payments Inc. from November 2008 to June 2010, as Senior Executive Vice President of Global Payments Inc. from April 2004 to November 2008 and as Chief Financial Officer of Global Payments Inc. from February 2001 to October 2005. Mr. Kelly served as manager of Ernst & Young’s mergers and acquisitions/audit groups from 1989 to 1990. Mr. Kelly originally became CFO of NDC’s Atlanta-based eCommerce division in April 2000. Prior to joining NDC eCommerce, he served as Managing Director with Alvarez & Marsal from March 1996 to April 2000. In this capacity, he held numerous operating and restructuring positions including CEO, COO, CRO and CFO, as well as Board positions working in a variety of public and private companies in a wide range of industries. Prior to Alvarez and Marsal, he was a Manager in the merger and acquisitions group and the entrepreneurial services group of Ernst & Young. He is a is Trustee of the James G. Kelly Grantor Trust. Mr. Kelly is a graduate of the University of Massachusetts, Amherst and is a Certified Public Account and a Member of the AICPA.

CEO Compensation
  • Jim's compensation has increased whilst company is loss making.
  • Jim's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the EVO Payments management team in years:

1.9
Average Tenure
52.5
Average Age
  • The average tenure for the EVO Payments management team is less than 2 years, this suggests a new team.
Management Team

Jim Kelly

TITLE
CEO & Director
COMPENSATION
$1M
AGE
56
TENURE
1.9 yrs

Brendan Tansill

TITLE
President of North America
COMPENSATION
$622K
AGE
40
TENURE
1.9 yrs

Darren Wilson

TITLE
President of International
COMPENSATION
$600K
AGE
50
TENURE
1.9 yrs

Kevin Hodges

TITLE
Executive VP
AGE
40
TENURE
1.9 yrs

Michael Reidenbach

TITLE
Executive VP & Chief Information Officer
AGE
56
TENURE
1.9 yrs

Sarah Schneider

TITLE
Investor Relations & Corporate Communications Manager

Steven de Groot

TITLE
Executive VP
AGE
59
TENURE
1.9 yrs

Katie Lafiandra

TITLE
Chief Human Resources Officer
AGE
55
TENURE
1.9 yrs

David Goldman

TITLE
Executive Vice President of Business Development & Strategy
AGE
36
TENURE
1.9 yrs
Board of Directors Tenure

Average tenure and age of the EVO Payments board of directors in years:

0.8
Average Tenure
54
Average Age
  • The average tenure for the EVO Payments board of directors is less than 3 years, this suggests a new board.
Board of Directors

Vahe Dombalagian

TITLE
Director
AGE
44
TENURE
0.8 yrs

Jim Kelly

TITLE
CEO & Director
COMPENSATION
$1M
AGE
56
TENURE
0.8 yrs

Greg Pope

TITLE
Director
AGE
52
TENURE
0.8 yrs

David Leeds

TITLE
Director
AGE
62
TENURE
0.7 yrs

Rafik Sidhom

TITLE
Director
AGE
52
TENURE
0.8 yrs

Matthew Raino

TITLE
Director
TENURE
0.8 yrs

John Garabedian

TITLE
Director
AGE
57
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
10. Dec 18 Sell Darren Wilson Individual 06. Dec 18 06. Dec 18 -25,000 €21.65 €-541,374
25. May 18 Buy Catherine Lafiandra Individual 22. May 18 22. May 18 1,000 €13.58 €13,581
25. May 18 Buy David Goldman Individual 22. May 18 22. May 18 25,000 €13.58 €339,520
25. May 18 Buy Gregory Pope Individual 22. May 18 22. May 18 50,000 €13.58 €679,040
25. May 18 Buy John Garabedian Individual 22. May 18 22. May 18 10,000 €13.58 €135,808
X
Management checks
We assess EVO Payments's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. EVO Payments has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

E19 News

Simply Wall St News

E19 Company Info

Description

EVO Payments, Inc. operates as an integrated merchant acquirer and payment processor servicing approximately 525,000 merchants. The company processes approximately 900 million transactions in North America and approximately 1.7 billion transactions in Europe. Its payment and commerce solutions consist of gateway solutions, online fraud prevention and management reporting, online hosted payments page capabilities, security tokenization, and encryption solutions at the point-of-sale and online; dynamic currency conversion; loyalty offers; and other ancillary solutions. The company also offers processing capabilities for specific industries and provides merchants with recurring billing, multi-currency authorization, and settlement and cross-border processing. In addition, it provides other services that enable through technical integrations with third-party providers. EVO Payments, Inc. operates as an intermediary between merchants and card networks. The company was founded in 1989 and is headquartered in Atlanta, Georgia.

Details
Name: EVO Payments, Inc.
E19
Exchange: DB
Founded: 1989
$1,979,273,006
$625,955,685
81,782,612
Website: http://www.evopayments.com
Address: EVO Payments, Inc.
South Tower,
Suite 950,
Atlanta,
Georgia, 30328,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM EVOP Class A Common Stock Nasdaq Global Market US USD 23. May 2018
DB E19 Class A Common Stock Deutsche Boerse AG DE EUR 23. May 2018
LSE 0YGU Class A Common Stock London Stock Exchange GB USD 23. May 2018
Number of employees
Current staff
Staff numbers
2,000
EVO Payments employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 22:36
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/15
Last earnings filing: 2019/03/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.