Added to YB: 2024-11-19
Pitch date: 2024-11-17
CABP.L [bullish]
CAB Payments Holdings Limited
+10.96%
current return
Author Info
Company Info
CAB Payments Holdings Limited, through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, supranationals, and governments in the United Kingdom and internationally.
Market Cap
GBP 235.3M
Pitch Price
GBP 0.75
Price Target
N/A
Dividend
N/A
EV/EBITDA
39.68
P/E
17.83
EV/Sales
-2.57
Sector
Financial Services
Category
value
Cab Payments (CABP) - placing a premium on good relationships
CABP.L: UK-based EM payments co. down 80% since IPO. 9x '24 P/E, 7x '25 P/E. Insider buying & LTIP grants signal confidence. 10-15% vol growth ex-problematic corridors. Catalysts: US license, EM FX liquidity crunch. StoneX bid at 2x current price. Risks: Mgmt credibility, low liquidity.
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