PaySauce
Market Cap
NZ$48.4m
Last Updated
2020/11/25 10:44 UTC
Data Sources
Company Financials
Executive Summary
PaySauce Limited provides cloud based employment solutions software to small and medium-sized businesses in New Zealand. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and slightly overvalued.
Share Price & News
How has PaySauce's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PYS is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PYS's weekly volatility has decreased from 14% to 5% over the past year.
Market Performance
7 Day Return
-1.4%
PYS
-0.3%
NZ Software
-1.3%
NZ Market
1 Year Return
-22.2%
PYS
-29.4%
NZ Software
9.0%
NZ Market
Return vs Industry: PYS exceeded the NZ Software industry which returned -29.4% over the past year.
Return vs Market: PYS underperformed the NZ Market which returned 9% over the past year.
Shareholder returns
| PYS | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -0.3% | -1.3% |
| 30 Day | -7.9% | 5.8% | 1.1% |
| 90 Day | -15.7% | 23.7% | 5.4% |
| 1 Year | -16.9%-22.2% | -27.1%-29.4% | 13.1%9.0% |
| 3 Year | n/a | -3.2%-9.7% | 48.0%29.2% |
| 5 Year | n/a | 33.9%21.7% | 98.4%50.9% |
Long-Term Price Volatility Vs. Market
How volatile is PaySauce's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Have Insiders Been Selling PaySauce Limited (NZSE:PYS) Shares?5 months ago | Simply Wall St
What Percentage Of PaySauce Limited (NZSE:PYS) Shares Do Insiders Own?7 months ago | Simply Wall St
Introducing PaySauce (NZSE:PYS), The Stock That Dropped 23% In The Last YearValuation
Is PaySauce undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PYS (NZ$0.35) is trading below our estimate of fair value (NZ$2.14)
Significantly Below Fair Value: PYS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PYS is unprofitable, so we can't compare its PE Ratio to the XO Software industry average.
PE vs Market: PYS is unprofitable, so we can't compare its PE Ratio to the NZ market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PYS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PYS is overvalued based on its PB Ratio (20.5x) compared to the NZ Software industry average (9.3x).
Next Steps
Future Growth
How is PaySauce forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
29.8%
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as PaySauce has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine PaySauce's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- PaySauce competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has PaySauce performed over the past 5 years?
-36.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PYS is currently unprofitable.
Growing Profit Margin: PYS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PYS is unprofitable, and losses have increased over the past 5 years at a rate of 36.2% per year.
Accelerating Growth: Unable to compare PYS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PYS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21.8%).
Return on Equity
High ROE: PYS has a negative Return on Equity (-105.38%), as it is currently unprofitable.
Next Steps
Financial Health
How is PaySauce's financial position?
Financial Position Analysis
Short Term Liabilities: PYS's short term assets (NZ$15.6M) exceed its short term liabilities (NZ$14.1M).
Long Term Liabilities: PYS's short term assets (NZ$15.6M) exceed its long term liabilities (NZ$326.0K).
Debt to Equity History and Analysis
Debt Level: PYS's debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PYS's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
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.
Stable Cash Runway: Whilst unprofitable PYS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PYS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 45.3% per year.
Next Steps
Dividend
What is PaySauce current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PYS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PYS'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 PYS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PYS'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 PYS's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.7yrs
Average management tenure
CEO
Asantha Wijeyeratne
1.92yrs
Tenure
NZ$106,150
Compensation
Mr. Asantha Wijeyeratne is a Co-founder, CEO and Non-Independent Director of PaySauce Limited since December 21, 2018. With a background in accounting and payroll, he successfully built SmartPayroll to hav...
CEO Compensation Analysis
Compensation vs Market: Asantha's total compensation ($USD74.04K) is below average for companies of similar size in the NZ market ($USD262.32K).
Compensation vs Earnings: Asantha's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 1.92yrs | NZ$106.15k | 20.34% NZ$ 9.9m | |
| Co-Founder & CTO | no data | no data | 12.26% NZ$ 5.9m | |
| Chief Financial Officer | 0.92yr | no data | 0.11% NZ$ 53.3k | |
| Chief Operating Officer | 1.42yrs | no data | no data | |
| Board Advisor on International Expansion | 1.5yrs | no data | 1.37% NZ$ 663.8k | |
| Head of Development | 1.92yrs | no data | no data | |
| Head of Customer Exeperience | 1.92yrs | no data | 0.88% NZ$ 426.6k | |
| Head of Design | 1.92yrs | no data | 0.54% NZ$ 263.3k | |
| Head of Finance | 1.5yrs | no data | no data |
1.7yrs
Average Tenure
Experienced Management: PYS's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder | 1.92yrs | NZ$106.15k | 20.34% NZ$ 9.9m | |
| Independent Chairman of the Board | 0.83yr | NZ$37.50k | 0.62% NZ$ 301.0k | |
| Board Adviser | 0.75yr | no data | no data | |
| Non-Executive Director | 1.92yrs | no data | 1.67% NZ$ 808.3k | |
| Independent Non-Executive Director | 0.25yr | no data | no data | |
| Independent Non-Executive Director | 0.083yr | no data | no data |
0.8yrs
Average Tenure
Experienced Board: PYS's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Top Shareholders
Company Information
PaySauce Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: PaySauce Limited
- Ticker: PYS
- Exchange: NZSE
- Founded: 2015
- Industry: Application Software
- Sector: Software
- Market Cap: NZ$48.429m
- Shares outstanding: 136.42m
- Website: https://www.paysauce.com
Number of Employees
Location
- PaySauce Limited
- 21-23 Andrews Avenue
- Level 2
- Lower Hutt
- 5010
- New Zealand
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PYS | NZSE (New Zealand Stock Exchange) | Yes | Ordinary Shares | NZ | NZD | Dec 2018 |
Biography
PaySauce Limited provides cloud based employment solutions software to small and medium-sized businesses in New Zealand. It offers mobile timesheets, payroll calculations, banking integration, PAYE filing,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/25 10:44 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.