Nayax Ltd.

NasdaqGS:NYAX Stock Report

Market Cap: US$2.4b

Nayax Future Growth

Future criteria checks 5/6

Nayax is forecast to grow earnings and revenue by 37.7% and 18.2% per annum respectively. EPS is expected to grow by 36.4% per annum. Return on equity is forecast to be 21.6% in 3 years.

Key information

37.7%

Earnings growth rate

36.39%

EPS growth rate

Electronic earnings growth26.9%
Revenue growth rate18.2%
Future return on equity21.60%
Analyst coverage

Good

Last updated02 Jun 2026

Recent future growth updates

Recent updates

Seeking Alpha • May 15

Nayax: A Strong Business But Not A Mispriced Stock

Summary Nayax maintains a plausible long-term growth story, but the current valuation appears fair, justifying a Hold rating. 2028 targets remain relevant, with organic revenue CAGR projected at 24.6% from FY26 guidance, though EBITDA margins lag trend. The Brazilian rental model could drive margin expansion, but its economics are unproven, and merchant retention is uncertain. The Yellow account pilot with Adyen could materially strengthen NYAX’s moat, supporting potential multiple expansion if successful. Read the full article on Seeking Alpha
Seeking Alpha • Dec 20

Nayax: A Fast Growing, But Little Known, Payments Provider

Summary Nayax Ltd. has shown impressive revenue growth, with a 37% compounded rate over five years, driven by global expansion and acquisitions. The stock is mildly undervalued, with potential upside if the company achieves its profitability targets, translating to a fair value of $31 per share. Risks include the challenge of sustaining 30% growth, potential overpriced acquisitions, and the possibility of falling victim to fraud. Nayax’s future looks promising if it can convert revenue growth into profitability, enhancing shareholder value. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NasdaqGS:NYAX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202875199861692
12/31/202762856601196
12/31/20265153235766
3/31/2026426301243N/A
12/31/2025400361240N/A
9/30/2025370241342N/A
6/30/2025349211948N/A
3/31/202533161744N/A
12/31/2024314-61843N/A
9/30/2024292-11930N/A
6/30/2024269-14019N/A
3/31/2024247-15-98N/A
12/31/2023235-16-89N/A
9/30/2023220-20-161N/A
6/30/2023207-27-27-10N/A
3/31/2023192-33-40-24N/A
12/31/2022174-38-43-28N/A
9/30/2022157-40-51-37N/A
6/30/2022141-37-44-32N/A
3/31/2022130-32-29-19N/A
12/31/2021119-25-22-13N/A
9/30/2021109-18-54N/A
6/30/2021100-11-27N/A
3/31/202183-7211N/A
12/31/202079-6-16N/A
12/31/201964-5N/A-1N/A
12/31/201849-4N/A2N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NYAX's forecast earnings growth (37.7% per year) is above the savings rate (3.5%).

Earnings vs Market: NYAX's earnings (37.7% per year) are forecast to grow faster than the US market (16.8% per year).

High Growth Earnings: NYAX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NYAX's revenue (18.2% per year) is forecast to grow faster than the US market (11.8% per year).

High Growth Revenue: NYAX's revenue (18.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NYAX's Return on Equity is forecast to be high in 3 years time (21.6%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 01:36
End of Day Share Price 2026/06/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Nayax Ltd. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ramsey El-AssalBarclays
John CoffeyBarclays
Michael NicholsB. Riley Securities, Inc.