Added to YB: 2024-11-26
Pitch date: 2024-11-25
EML.AX [bullish]
EML Payments Limited
-7.47%
current return
Author Info
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Company Info
EML Payments Limited provides payment solutions platform in Australia, Europe, and North America. It operates in three segments: General Purpose Reloadable, Gift and Incentives, and Digital Payments.
Market Cap
AUD 409.4M
Pitch Price
AUD 0.87
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.41
P/E
87.89
EV/Sales
1.76
Sector
Financial Services
Category
turnaround
On EML Payments ($ASX.EML) Returning to its Roots
EML.AX: Prepaid card solutions provider with global presence. High-quality business (75% GM, 25% EBITDA margins) in growing market. Stock down 90% since 2021 due to poor acquisitions (PFS, Sentenial). New management refocusing on core ops. Trades at 5x FY25E EBITDA, 10% FCF yield. Upcoming AGM catalyst for re-rating. Key segments: G&I (40% rev) & GPR (55% rev).
Read full article (10 min)