Q: Hello,
Based on RBC estimates, Nuvei trades at 7% fcf yield f23 and 9.1% f24 and 15.5 pe.
That’s a PEG of .775 for a company growing at 20% into the future.
Understanding there is the worts of share dilution, how is this stock not one of the most attractive tech stocks on the open market?
Based on RBC estimates, Nuvei trades at 7% fcf yield f23 and 9.1% f24 and 15.5 pe.
That’s a PEG of .775 for a company growing at 20% into the future.
Understanding there is the worts of share dilution, how is this stock not one of the most attractive tech stocks on the open market?
5i Research Answer:
The stock is up 21% YTD, but remains very cheap. The last quarter was mixed and did disappoint some investors. But we think it looks quite good right now for an investor willing to give it a bit of time.