PaySauce
Market Cap
NZ$57.9m
Last Updated
2019/12/14 10:43 UTC
Data Sources
Company Financials
Executive Summary
PaySauce Limited provides cloud payroll software and services in New Zealand.
Rewards
Risk Analysis
Earnings have declined by -48.58% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Slightly overvalued with imperfect balance sheet.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
PYS
-1.4%
NZ Software
0.07%
NZ Market
1 Year Return
n/a
PYS
10.0%
NZ Software
22.2%
NZ Market
Return vs Industry: Insufficient data to determine how PYS performed against the NZ Software industry.
Return vs Market: Insufficient data to determine how PYS performed against the NZ Market.
Shareholder returns
| PYS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -1.4% | 0.07% |
| 30 Day | -1.0% | -10.7% | 3.4% |
| 90 Day | 1.0% | -10.5% | 3.3% |
| 1 Year | n/a | 11.2%10.0% | 27.3%22.2% |
| 3 Year | n/a | 79.9%70.8% | 62.7%41.3% |
| 5 Year | n/a | 111.9%98.1% | 95.1%51.6% |
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
Could The PaySauce Limited (NZSE:PYS) Ownership Structure Tell Us Something Useful?10 months ago | Simply Wall St
What does Paysauce Operations Limited's (NZSE:PYS) Balance Sheet Tell Us About Its Future?Valuation
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$0.5) is trading below our estimate of fair value (NZ$2.58)
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 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 has negative assets, so we can't compare its PB Ratio to the NZ Software industry average.
Next Steps
Future Growth
How is PaySauce forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
36.9%
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
- Take a look at our analysis of PYS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- 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?
-48.6%
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 -48.6% 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 (22%).
Return on Equity
High ROE: PYS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is PaySauce's financial position?
Financial Position Analysis
Short Term Liabilities: PYS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PYS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PYS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PYS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Inventory Level: PYS has a low level of unsold assets or inventory.
Debt Coverage by Assets: PYS has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 56.6% per year.
Next Steps
Dividend
What is PaySauce's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate PYS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate PYS's dividend yield against the top 25% of dividend payers, as the company has not reported any 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
What is the CEO of PaySauce's salary, the management and board of directors tenure and is there insider trading?
1.0yrs
Average management tenure
CEO
Asantha Wijeyeratne 0
1yrs
Tenure
NZ$1,035,395
Compensation
Mr. Asantha Wijeyeratne is a Co-founder, CEO and Non-Independent Director of PaySauce Limited since December 21, 2018. With a background in accounting and payroll, he successfully built SmartPayroll to hav ...
CEO Compensation Analysis
Compensation vs Market: Asantha's total compensation ($USD681.67K) is above average for companies of similar size in the NZ market ($USD246.46K).
Compensation vs Earnings: Insufficient data to compare Asantha's compensation with company performance.
Management Age and Tenure
1.0yrs
Average Tenure
Experienced Management: PYS's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Age and Tenure
1.0yrs
Average Tenure
Experienced Board: PYS's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: PYS only recently listed within the past 12 months, with total shares outstanding growing by 50.2% in the past year..
Management Team
Asantha Wijeyeratne
Co-founder
- Tenure: 1yrs
- Compensation: NZ$1.04m
Troy Tarrant
Co-Founder & CTO
- Tenure: 0yrs
Krishnakumar Guda
Board Advisor on International Expansion
- Tenure: 0.6yrs
Warren Choisy
Head of Development
- Tenure: 1yrs
Logan Tyson
Head of Growth & Partnerships
- Tenure: 1yrs
Ben Colgate
Head of Design
- Tenure: 1yrs
Vicky Taylor
Head of Customer Exeperience
- Tenure: 1yrs
Tod Rookes
Head of Finance
- Tenure: 0.6yrs
Mat Stokes
Chief Operating Officer
- Tenure: 0.5yrs
Jaime Monaghan
Chief Financial Officer
- Tenure: 0yrs
Board Members
Andrew Barnes (59yo)
Chairman
- Tenure: 1yrs
Nick Lewis
Independent Non-Executive Director
- Tenure: 1yrs
- Compensation: NZ$7.50k
Mandy Simpson
Independent Non-Executive Director
- Tenure: 1yrs
- Compensation: NZ$7.50k
Asantha Wijeyeratne
Co-founder
- Tenure: 1yrs
- Compensation: NZ$1.04m
Gavin Thompson
Non-Independent Director
- Tenure: 1yrs
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$57.851m
- Shares outstanding: 116.87m
- 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 payroll software and services in New Zealand. It serves agriculture, horticulture, SMEs, retail and service, and tech companies, as well as manufacturers, traders, charities ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/14 10:43 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.