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EVOP

EVO PaymentsNasdaqGM:EVOP Stock Report

Market Cap

US$1.9b

7D

5.8%

1Y

-5.8%

Updated

19 Oct, 2021

Data

Company Financials +
EVOP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

EVOP Overview

EVO Payments, Inc. operates as an integrated merchant acquirer and payment processor in the Americas and Europe.

Rewards

Trading at 51% below our estimate of its fair value

Earnings are forecast to grow 83.61% per year

Risk Analysis

No risks detected for EVOP from our risk checks.

EVO Payments Competitors

Fidelity National Information Services

NYSE:FIS

US$76.6b

Fiserv

NasdaqGS:FISV

US$73.7b

Global Payments

NYSE:GPN

US$47.3b

EVERTEC

NYSE:EVTC

US$3.4b

Price History & Performance

Summary of all time highs, changes and price drops for EVO Payments
Historical stock prices
Current Share PriceUS$22.70
52 Week HighUS$20.45
52 Week LowUS$31.99
Beta1.71
1 Month Change-6.93%
3 Month Change-22.76%
1 Year Change-5.81%
3 Year Change-5.81%
5 Year Changen/a
Change since IPO19.35%

Recent News & Updates

Sep 16
EVO Payments (NASDAQ:EVOP) Seems To Use Debt Quite Sensibly

EVO Payments (NASDAQ:EVOP) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

EVOPUS ITUS Market
7D5.8%6.2%4.0%
1Y-5.8%24.5%30.5%

Return vs Industry: EVOP underperformed the US IT industry which returned 23.1% over the past year.

Return vs Market: EVOP underperformed the US Market which returned 30% over the past year.

Price Volatility

Is EVOP's price volatile compared to industry and market?
EVOP volatility
EVOP Beta1.71
Industry Beta1.18
Market Beta1

Stable Share Price: EVOP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: EVOP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19892,100Jim Kellyhttps://www.evopayments.com

EVO Payments, Inc. operates as an integrated merchant acquirer and payment processor in the Americas and Europe. Its payment and commerce solutions consist of gateway solutions, online fraud prevention and management reporting, online hosted payments page capabilities, cellphone-based SMS integrated payment collection services, security tokenization and encryption solutions at the point-of-sale, dynamic currency conversion, ACH, loyalty offers, and other ancillary solutions. The company also offers processing capabilities for specific industries and provides merchants with recurring billing, multi-currency authorization and settlement, and cross-border processing.

EVO Payments Fundamentals Summary

How do EVO Payments's earnings and revenue compare to its market cap?
EVOP fundamental statistics
Market CapUS$1.89b
Earnings (TTM)-US$360.00k
Revenue (TTM)US$462.06m

4.1x

P/S Ratio

-5.3kx

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EVOP income statement (TTM)
RevenueUS$462.06m
Cost of RevenueUS$77.15m
Gross ProfitUS$384.91m
ExpensesUS$385.27m
Earnings-US$360.00k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 03, 2021

Earnings per share (EPS)-0.0043
Gross Margin83.30%
Net Profit Margin-0.077%
Debt/Equity Ratio167.5%

How did EVOP perform over the long term?

See historical performance and comparison

Valuation

Is EVO Payments 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: EVOP ($22.7) is trading below our estimate of fair value ($46.37)

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


Price To Earnings Ratio

PE vs Industry: EVOP is unprofitable, so we can't compare its PE Ratio to the US IT industry average.

PE vs Market: EVOP is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EVOP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EVOP has negative assets, so we can't compare its PB Ratio to the US IT industry average.


Future Growth

How is EVO Payments forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

83.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EVOP is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: EVOP is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EVOP's is expected to become profitable in the next 3 years.

Revenue vs Market: EVOP's revenue (11.5% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: EVOP's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if EVOP's Return on Equity is forecast to be high in 3 years time


Past Performance

How has EVO Payments performed over the past 5 years?

-7.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EVOP is currently unprofitable.

Growing Profit Margin: EVOP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EVOP is unprofitable, and losses have increased over the past 5 years at a rate of 7.4% per year.

Accelerating Growth: Unable to compare EVOP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EVOP is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (28%).


Return on Equity

High ROE: EVOP has a negative Return on Equity (6.32%), as it is currently unprofitable.


Financial Health

How is EVO Payments's financial position?


Financial Position Analysis

Short Term Liabilities: EVOP's short term assets ($768.1M) exceed its short term liabilities ($586.4M).

Long Term Liabilities: EVOP's short term assets ($768.1M) do not cover its long term liabilities ($812.2M).


Debt to Equity History and Analysis

Debt Level: EVOP's debt to equity ratio (167.5%) is considered high.

Reducing Debt: EVOP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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 EVOP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: EVOP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.3% per year.


Dividend

What is EVO Payments's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EVOP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EVOP'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 EVOP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EVOP'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 EVOP's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Jim Kelly (59 yo)

4.5yrs

Tenure

US$5,636,384

Compensation

Mr. James G. Kelly, also known as Jim, has been Chief Executive Officer of EVO Payments, Inc. since April 20, 2017 and Director since May 2018. Mr. Kelly has been Chief Executive Officer and a Member of Th...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD5.64M) is above average for companies of similar size in the US market ($USD3.53M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: EVOP's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: EVOP's board of directors are considered experienced (3.3 years average tenure).


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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

EVO Payments, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: EVO Payments, Inc.
  • Ticker: EVOP
  • Exchange: NasdaqGM
  • Founded: 1989
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Implied Market Cap: US$1.889b
  • Market Cap: US$1.074b
  • Shares outstanding: 83.31m
  • Website: https://www.evopayments.com

Number of Employees


Location

  • EVO Payments, Inc.
  • South Tower
  • Suite 950
  • Atlanta
  • Georgia
  • 30328
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 23:52
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.