PaySauce
NZSE:PYS
PYS
NZSE
NZ$82M
Market Cap
Company description
The last earnings update was 153 days ago. More info.
Add to Portfolio Compare Print
- PaySauce has significant price volatility in the past 3 months.
PYS Share Price and Events
7 Day Returns
0%
NZSE:PYS
2.7%
NZ Software
0.3%
NZ Market
1 Year Returns
-
NZSE:PYS
8.9%
NZ Software
5.6%
NZ Market
PYS Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| PaySauce (PYS) | 0% | -6.7% | - | - | - | - |
| NZ Software | 2.7% | 8.7% | 16.3% | 8.9% | 69.2% | 62.7% |
| NZ Market | 0.3% | 1% | 6.4% | 5.6% | 22.9% | 44% |
1 Year Return vs Industry and Market
- No trading data on PYS.
- No trading data on PYS.
PYS Value
Is PaySauce 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.
- It is not possible to calculate the future cash flow value for PaySauce. This is due to cash flow or dividend data being unavailable. The share price is NZ$0.014.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for PaySauce's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
PaySauce's earnings available for a low price, and how does
this compare to other companies in the same industry?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-03-31) in NZD | NZ$-0.44 |
| NZSE:PYS Share Price ** | NZSE (2019-03-19) in NZD | NZ$0.01 |
| Oceania Software Industry PE Ratio | Median Figure of 22 Publicly-Listed Software Companies | 35.3x |
| New Zealand Market PE Ratio | Median Figure of 89 Publicly-Listed Companies | 17.14x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of PaySauce.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NZSE:PYS Share Price ÷ EPS (both in NZD) = 0.01 ÷ -0.44 |
-0.03x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- PaySauce is loss making, we can't compare its value to the Oceania Software industry average.
- PaySauce is loss making, we can't compare the value of its earnings to the New Zealand market.
Price based on expected Growth
Does
PaySauce's expected growth come at a high price?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -0.03x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| Oceania Software Industry PEG Ratio | Median Figure of 17 Publicly-Listed Software Companies | 2.79x |
| New Zealand Market PEG Ratio | Median Figure of 66 Publicly-Listed Companies | 1.4x |
*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 PaySauce, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
PaySauce's
assets?
Raw Data
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-03-31) in NZD | NZ$0.13 |
| NZSE:PYS Share Price * | NZSE (2019-03-19) in NZD | NZ$0.01 |
| New Zealand Software Industry PB Ratio | Median Figure of 9 Publicly-Listed Software Companies | 3.43x |
| New Zealand Market PB Ratio | Median Figure of 126 Publicly-Listed Companies | 1.53x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NZSE:PYS Share Price ÷ Book Value per Share (both in NZD) = 0.01 ÷ 0.13 |
0.11x |
* Primary Listing of PaySauce.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- PaySauce is good value based on assets compared to the NZ Software industry average.
X
Value checks
We assess PaySauce's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Software industry average (and greater than 0)? (1 check) PaySauce has a total score of 1/6, 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.
PYS Future Performance
How is PaySauce expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
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!
51.2%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
PaySauce
expected to grow at an
attractive
rate?
- Unable to compare PaySauce's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare PaySauce's earnings growth to the New Zealand market average as no estimate data is available.
- Unable to compare PaySauce's revenue growth to the New Zealand market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
| Data Point | Source | Value (per year) |
|---|---|---|
| New Zealand Software Industry Earnings Growth Rate | Market Cap Weighted Average | 51.2% |
| Oceania Software Industry Revenue Growth Rate | Market Cap Weighted Average | 17.9% |
| New Zealand Market Earnings Growth Rate | Market Cap Weighted Average | 5.9% |
| New Zealand Market Revenue Growth Rate | Market Cap Weighted Average | 4.9% |
*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
All numbers in NZD Millions and using
Trailing twelve months (TTM)
annual period rather than quarterly.
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (11 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in NZD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-03-31 | 0 | -1 | -1 |
| 2017-03-31 | 0 | 0 | -1 |
| 2016-03-31 | 0 | 0 | 0 |
*GAAP earnings excluding extraordinary items.
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
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (11 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from PaySauce Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in NZD Millions) | EPS * |
|---|---|
| 2018-03-31 | -0.44 |
| 2017-03-31 | -0.32 |
| 2016-03-31 | -0.25 |
*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.
- Unable to establish if PaySauce will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
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PaySauce has a total score of 0/6, 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.
Future performance checks
We assess PaySauce's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the New Zealand market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Oceania market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
PaySauce has a total score of 0/6, 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.
PYS Past Performance
How has PaySauce 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
PaySauce's growth in the last year to its industry (Software).
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.
- PaySauce 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 PaySauce's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare PaySauce's 1-year growth to the Oceania Software industry average as it is not currently profitable.
Earnings and Revenue History
PaySauce'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 PaySauce Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in NZD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-03-31 | 0.44 | -0.86 | 0.25 | |
| 2017-03-31 | 0.12 | -0.55 | 0.12 | |
| 2016-03-31 | 0.01 | -0.30 | 0.01 | |
| 2015-03-31 | -0.03 | 0.00 |
*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 PaySauce has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if PaySauce has efficiently used its assets last year compared to the Oceania Software industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if PaySauce improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
PaySauce 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.
Past performance checks
We assess PaySauce's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
PaySauce 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.
PYS Health
How is PaySauce'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 PaySauce's finances.
The net worth of a company is the difference between its assets and liabilities.
- PaySauce is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- PaySauce's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
PaySauce'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 7.9x 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.
- PaySauce's level of debt (13.1%) compared to net worth is satisfactory (less than 40%).
- Unable to establish if PaySauce'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.
- PaySauce has less than a year of cash runway based on current free cash flow.
- PaySauce has less than a year of cash runway if free cash flow continues to grow at historical rates of 60.7% each year.
X
Full details on the Health part of the Simply Wall St company analysis model.
Financial health checks
We assess PaySauce's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) PaySauce has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
PYS Dividends
What is PaySauce'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
0%
Current annual income from
PaySauce
dividends.
If you bought
NZ$2,000 of
PaySauce
shares you are expected to receive
NZ$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 PaySauce's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate PaySauce'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
| 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 0 Analyst Estimates (S&P Global) | See Below |
| Oceania Software Industry Average Dividend Yield | Market Cap Weighted Average of 15 Stocks | 1.2% |
| New Zealand Market Average Dividend Yield | Market Cap Weighted Average of 76 Stocks | 4% |
| New Zealand Minimum Threshold Dividend Yield | 10th Percentile | 1.9% |
| New Zealand Bottom 25% Dividend Yield | 25th Percentile | 3.3% |
| New Zealand Top 25% Dividend Yield | 75th Percentile | 5.9% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as PaySauce has not reported any payouts.
- Unable to verify if PaySauce's dividend has been increasing as the company has not reported any payouts.
X
Full details on the Dividends part of the Simply Wall St company analysis model.
Income/ dividend checks
We assess PaySauce's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.9%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can PaySauce afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) PaySauce 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.
PYS Management
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
Asantha
Wijeyeratne
| TENURE AS CEO | 0.3 years |
CEO Bio
Mr. Asantha Wijeyeratne is a Co-founder, CEO and Director of PaySauce Limited since December 21, 2018. With a background in accounting and payroll, he successfully built SmartPayroll to have over 10,000 SME's. After exiting SmartPayroll in 2013 he was driven to further improve payroll for small businesses by utilising the latest generation of technology.
CEO Compensation
- Insufficient data for Asantha to compare compensation growth.
- Insufficient data for Asantha to establish whether their remuneration is reasonable compared to companies of similar size in New Zealand.
Management Team Tenure
Average tenure of the PaySauce management team in years:
0.3
Average Tenure
- The average tenure for the PaySauce management team is less than 2 years, this suggests a new team.
Management Team
Asantha Wijeyeratne
TITLE
Co-founder
TENURE
0.3 yrs
Troy Tarrant
TITLE
Co-founder & CTO
Krishnakumar Guda
TITLE
Chief Financial Officer
TENURE
0.3 yrs
Warren Choisy
TITLE
Head of Development
TENURE
0.3 yrs
Vicky Taylor
TITLE
Head of Customer Exeperience
TENURE
0.3 yrs
Logan Tyson
TITLE
Head of Growth & Partnerships
TENURE
0.3 yrs
Ben Colgate
TITLE
Head of Design
TENURE
0.3 yrs
Board of Directors Tenure
Average tenure of the PaySauce board of directors in years:
0.3
Average Tenure
- The average tenure for the PaySauce board of directors is less than 3 years, this suggests a new board.
Board of Directors
Andrew Barnes
TITLE
Chairman
AGE
58
TENURE
0.3 yrs
Asantha Wijeyeratne
TITLE
Co-founder
TENURE
0.3 yrs
Gavin Thompson
TITLE
Director
TENURE
0.3 yrs
Mandy Simpson
TITLE
Director
TENURE
0.3 yrs
Nick Lewis
TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (NZ$) | Value (NZ$) | |
|---|---|---|---|---|---|---|---|---|---|---|
X
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.
Management checks
We assess PaySauce's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) PaySauce 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.
PYS News
Simply Wall St News
What does Paysauce Operations Limited's (NZSE:PYS) Balance Sheet Tell Us About Its Future?
While small-cap stocks, such as Paysauce Operations Limited (NZSE:PYS) with its market cap of NZ$82m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.
Simply Wall St - – Full articlePYS Company Info
Description
Details
| Name: | PaySauce Limited |
| PYS | |
| Exchange: | NZSE |
| Founded: | |
| NZ$81,809,607 | |
| 5,843,543,401 | |
| Website: | http://www.paysauce.com |
| Address: |
PaySauce Limited 67 Dudley Street, Lower Hutt, 5010, New Zealand |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NZSE | PYS | Ordinary Shares | New Zealand Stock Exchange | NZ | NZD | 21. Dec 2018 |
Number of employees
Current staff
0
PaySauce
employees.
Industry
| Application Software | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/19 10:36 |
| End of day share price update: | 2019/03/19 00:00 |
| Last earnings filing: | 2018/10/17 |
| Last earnings reported: | 2018/03/31 |
| Last annual earnings reported: | 2018/03/31 |
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.
