Added to YB: 2026-08-27
Pitch date: 2026-08-20
ADYEN.AS [neutral]
Adyen N.V.
+0.79%
current return
Author Info
DB_Silver_Fox is a CFO and value investor interested in: European & US hidden champions, simple and effective business models, and US Banks. Sign up for the newsletter.
Company Info
Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America.
Market Cap
EUR 34.0B
Pitch Price
EUR 1.1K
Price Target
N/A
Dividend
N/A
EV/EBITDA
16.31
P/E
30.33
EV/Sales
8.53
Sector
Financial Services
Category
N/A
DB_Silver_Fox | Portfolio update as of 11.08.2026 - Adyen N.V.
ADYEN.AS (exited position): Sold at ~25% profit after ADYEN rose ~15% over two days; author cites deviation between CEO Van der Does's February 2026 comment claiming discipline in avoiding acquisitions ('one platform, one stack') and August 2026 actions of two acquisitions in 2026 YTD ($335m for Orb and €750m/$879m for Talon, a Berlin-based loyalty platform), a departure from the organic discipline that was part of the case; also notes Adyen diluted while its stock fell 37%. Proceeds added to BEI.DE, FIE.DE, RBT.PA, BUCN.SW and new position WY (Weyerhaeuser).
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