Added to YB: 2025-09-10
Pitch date: 2025-09-08
EEFT [neutral]
Euronet Worldwide, Inc.
-12.82%
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
$90.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.83
P/E
10.75
EV/Sales
0.84
Sector
Financial Services
Category
value
2Q25 ER Update Pt. 2: $EEFT
EEFT (earnings update): Digital transformation undervalued at 12.7x P/E vs historical 17x. CoreCard acquisition ($248M, 18x EBITDA) adds credit issuing to complement Money Transfer/ATM biz. Digital remittance +29% YOY, REN software win with top-3 US bank. Q2 solid: rev +9%, op income +18%, margins expanding. Risks: Goldman/Apple exit (~0.9% rev impact), US remittance tax. Fall Investor Day catalyst for re-rating.
Read full article (6 min)