Added to YB: 2025-04-25
Pitch date: 2025-04-24
EEFT [bullish]
Euronet Worldwide, Inc.
-20.41%
current return
Author Info
P14 Capital is a former buy-side research analyst who uncovers undervalued opportunities in SMID-cap equities. Long-biased and generalist. Sign up for the newsletter.
Company Info
Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide.
Market Cap
$3.1B
Pitch Price
$98.64
Price Target
135.00 (+72%)
Dividend
N/A
EV/EBITDA
3.83
P/E
10.75
EV/Sales
0.84
Sector
Financial Services
Category
growth
LONG $EEFT - Euronet Worldwide, Inc.
EEFT: Trading at depressed 14.7x P/E despite 13.5% 10yr EPS CAGR. Immigration concerns overstated (US-LAC corridor just 10% of rev). Thesis: 1) EFT segment seeing higher fees/margins, 2) Ren platform delivering 60%+ EBITDA margins, 3) Money Transfer shifting to higher-margin digital. $135 PT (43% upside) at 18x P/E.
Read full article (8 min)