Payment Financial Technologies Valuation

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

PMNT (₪3.23) is trading below our estimate of [[fair value]] (₪3.76)

Is PMNT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: PMNT (₪3.23) is trading below our estimate of fair value (₪3.76)

Significantly Below Fair Value: PMNT is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PMNT?

Key metric: As PMNT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PMNT. This is calculated by dividing PMNT's market cap by their current earnings.
What is PMNT's PE Ratio?
PE Ratio	11.5x
Earnings	₪10.43m
Market Cap	₪120.22m

PMNT key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.8x
Enterprise Value/EBITDA	7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PMNT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	10.5x
SHVA Automatic Bank Services	18.5x	n/a	₪758.8m
MCMN Michman Finance	9.1x	n/a	₪331.7m
MCLL Michlol Finance	7.5x	n/a	₪367.5m
OPAL Opal Balance Investments	7.1x	n/a	₪195.0m
PMNT Payment Financial Technologies	11.5x	n/a	₪120.2m

Price-To-Earnings vs Peers: PMNT is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the peer average (10.5x).

Price to Earnings Ratio vs Industry

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

23 Companies	Price / Earnings	Estimated Growth	Market Cap

23 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: PMNT is good value based on its Price-To-Earnings Ratio (11.5x) compared to the Asian Diversified Financial industry average (19.4x).

Price to Earnings Ratio vs Fair Ratio

What is PMNT'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.

PMNT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PMNT's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

M.L.R.N Projects and Trade

₪205.3m

Provides credit to small and medium-sized businesses in Israel.

MLRN

₪6.89

1.7%

73.8%

Michlol Finance

₪367.5m

Through its subsidiaries, engages in financing and management of construction projects in Israel and internationally.

MCLL

₪8.44

1.2%

64.2%

Opal Balance Investments

₪195.0m

Provides various financing services mainly to small and medium-sized businesses in Israel.

OPAL

₪1.86

-4.5%

37.6%