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Added to YB: 2026-03-04

Pitch date: 2026-03-03

FOUR [bullish]

Shift4 Payments, Inc.

Author Info

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Company Info

Shift4 Payments, Inc. engages in the provision of software and payment processing solutions in the United States and internationally.

Market Cap

$2.9B

Pitch Price

N/A

Price Target

N/A

Dividend

N/A

EV/EBITDA

10.21

P/E

49.62

EV/Sales

1.91

Sector

Financial Services

Category

value

Show full summary:
Shift4: Was it THAT bad?

FOUR: Q4 payment vol +23%, GRLNW +51%, adj EBITDA +48%. Mgmt guides mid-teens Americas payment growth 2026 (minimal M&A), implying true organic >0% despite claims otherwise. Global Blue TFS now MSD growth (vs LDD in '25) on FX/Asia tensions; cross-sell synergies H2 weighted. FCF conversion drops to 42% in '26 on GB seasonality, higher interest, $139M TRA payment (excluded from adj FCF guide of $500M). $3.5B net debt raises recession/refi risk, but no maturities til '32. Trading 9x FCF (14x EV/unlevered FCF) for mid-teens grower. Isaacman bought $13M post-drop; $500M buyback remains.

Read full article (8 min)