Corpay, Inc.

NYSE:CPAY Stock Report

Market Cap: US$24.5b

Corpay Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 CPAY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CPAY ($339.17) is trading below our estimate of fair value ($474.77)

Significantly Below Fair Value: CPAY is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CPAY. This is calculated by dividing CPAY's market cap by their current earnings.
What is CPAY's PE Ratio?
PE Ratio23.3x
EarningsUS$1.01b
Market CapUS$24.55b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CPAY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average46x
GPN Global Payments
20.7x10.8%US$29.2b
JKHY Jack Henry & Associates
32.2x8.6%US$13.0b
SQ Block
51.4x27.6%US$58.6b
FIS Fidelity National Information Services
79.5x25.2%US$44.8b
CPAY Corpay
23.3x15.7%US$24.5b

Price-To-Earnings vs Peers: CPAY is good value based on its Price-To-Earnings Ratio (23.3x) compared to the peer average (46x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FOA Finance of America Companies
1.5x-136.3%US$605.78m
PMIR PMI Group
0.09xn/aUS$518.61k
ACGX Alliance Creative Group
1.8xn/aUS$374.34k
No more companies available in this PE range
CPAY 23.3xIndustry Avg. 17.6xNo. of Companies12PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CPAY is expensive based on its Price-To-Earnings Ratio (23.3x) compared to the US Diversified Financial industry average (17.9x).

Price to Earnings Ratio vs Fair Ratio

What is CPAY'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.

CPAY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.3x
Fair PE Ratio21x

Price-To-Earnings vs Fair Ratio: CPAY is expensive based on its Price-To-Earnings Ratio (23.3x) compared to the estimated Fair Price-To-Earnings Ratio (21x).

Analyst Price Targets

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

The above table shows the analyst CPAY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$339.17
US$396.88
+17.0%
10.4%US$440.00US$310.00n/a16
Dec ’25US$381.18
US$392.82
+3.1%
9.9%US$440.00US$310.00n/a16
Nov ’25US$329.81
US$364.76
+10.6%
12.6%US$425.00US$265.00n/a16
Oct ’25US$314.85
US$327.73
+4.1%
10.4%US$376.00US$265.00n/a15
Sep ’25US$315.55
US$322.00
+2.0%
9.9%US$376.00US$265.00n/a16
Aug ’25US$284.90
US$325.00
+14.1%
9.0%US$376.00US$265.00n/a17
Jul ’25US$266.26
US$321.12
+20.6%
9.5%US$376.00US$265.00n/a17
Jun ’25US$267.67
US$326.81
+22.1%
9.1%US$376.00US$265.00n/a16
May ’25US$296.25
US$328.93
+11.0%
9.8%US$376.00US$265.00n/a16
Apr ’25US$305.90
US$321.11
+5.0%
9.1%US$355.00US$255.00n/a16
Mar ’25US$276.60
US$316.34
+14.4%
7.8%US$343.00US$255.00n/a17
Feb ’25US$294.55
US$305.54
+3.7%
9.9%US$343.00US$240.00n/a17
Jan ’25US$282.61
US$291.18
+3.0%
8.8%US$343.00US$235.00n/a17
Dec ’24US$251.63
US$285.19
+13.3%
7.7%US$315.00US$235.00US$381.1816
Nov ’24US$228.60
US$292.13
+27.8%
8.0%US$326.00US$244.00US$329.8116
Oct ’24US$255.34
US$290.87
+13.9%
8.3%US$326.00US$244.00US$314.8515
Sep ’24US$272.86
US$286.37
+5.0%
8.1%US$326.00US$244.00US$315.5516
Aug ’24US$251.06
US$269.62
+7.4%
9.2%US$310.00US$230.00US$284.9016
Jul ’24US$251.08
US$252.93
+0.7%
6.2%US$300.00US$230.00US$266.2615
Jun ’24US$228.00
US$248.31
+8.9%
5.9%US$270.00US$207.00US$267.6716
May ’24US$213.89
US$242.66
+13.4%
5.7%US$260.00US$205.00US$296.2516
Apr ’24US$210.85
US$242.30
+14.9%
6.0%US$270.00US$205.00US$305.9016
Mar ’24US$213.50
US$241.52
+13.1%
6.1%US$270.00US$205.00US$276.6015
Feb ’24US$214.38
US$232.85
+8.6%
7.0%US$260.00US$188.00US$294.5515
Jan ’24US$183.68
US$228.12
+24.2%
8.3%US$266.00US$188.00US$282.6115
Dec ’23US$196.28
US$227.36
+15.8%
8.5%US$266.00US$188.00US$251.6314

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 00:56
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Corpay, Inc. is covered by 35 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David KoningBaird
Ishan MajumdarBaptista Research
Darrin PellerBarclays