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Euronet Worldwide, Inc. (EEFT)

Undervalued
TechnologySoftware - InfrastructureUnited States

Fundamental

81

Price

$62.87

Market Cap

$2.39B

Part 1 · What the company is worth

Overview

Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers internationally. The company operates through three segments: Electronic Funds Transfer (EFT), epay, and Money Transfer. The EFT segment provides automated teller machine cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit and prepaid card outsourcing, card issuing, and merchant acquiring services. It also offers ATM and POS dynamic currency conversion, domestic and international surcharge, foreign currency dispensing, advertising, digital content sales at ATMs, customer relationship management, prepaid mobile top-up, bill payment, money transfer, fraud management, foreign remittance payout, cardless payout, banknote recycling solutions, and tax-refund services; and integrated electronic financial transaction software solutions for electronic payment and transaction delivery systems. The epay segment distributes and processes prepaid mobile airtime and other electronic content and payment processing services for various prepaid products, cards, and services. The Money Transfer segment offers consumer-to-consumer money transfer services through a network of locations and its website riamoneytransfer.com; account-to-account money transfer; and money transfer services through its website xe.com, Xe app, and customer service representatives. It also provides foreign currency exchange information on its currency data websites xe.com and x-rates.com; cash management solutions and foreign currency risk management services to small-and-medium-sized businesses; and payment processing services to third-party partners. The company was formerly known as Euronet Services, Inc. and changed its name to Euronet Worldwide, Inc. in August 2001. The company was founded in 1994 and is headquartered in Leawood, Kansas.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on September 18, 2026 with claude-haiku-4-5 — shared with all users

P/E: 15.4Score: 82Market cap: $4.52B

Remitly targets the same migrant customers with app-based remittances, taking digital share in the corridors where Ria and Xe operate.

The Western Union CompanyWU

Euronet's 10-K names Western Union as the leading competitor of its Ria money transfer business, fighting for the same migrant remittance senders at retail agent counters and in digital apps worldwide.

MoneyGram International, Inc.Not tracked

MoneyGram runs a comparable global agent network for cash-to-cash remittances and competes with Ria in the same sending corridors and payout markets.

NCR Atleos CorporationNATL

Through its Allpoint network, NCR Atleos is the other large independent ATM deployer and ATM-as-a-Service outsourcer, competing with Euronet's EFT Processing segment for the same banks, retailers and cardholder traffic.

InComm Payments (InComm Holdings, Inc.)Not tracked

InComm distributes gift cards, mobile top-up and digital content through retail racks and online channels, competing with Euronet's epay segment for the same brand partners and retail shelf space.

Blackhawk Network Holdings, Inc.Not tracked

Blackhawk operates a rival multi-merchant prepaid and gift card distribution network, bidding for the same retailers and content brands that epay serves.

Balance Sheet & Liquidity

Revenue

$4.37B

Trailing 12 months (through 6/30/2026)

Net Income

$288M

Trailing 12 months (through 6/30/2026)

Free Cash Flow

$434M

Total Equity

$1.31B

Total Liabilities

$5.17B

Current Ratio

1.37

Interest Coverage

7.05

Debt/EBITDA

4.24

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

General caseUndervalued

Fair Value

$119.01

Current Price

$62.87

Margin of Safety

+47.2%

Fair Value Range

$77.36 - $160.66

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$86.67
Discounted cash flow (DCF):$336.00
Earnings multiple (P/E):$36.17
Graham growth formula:$104.03
Earnings power value (EPV):$89.78
Justified P/B:$95.70
Dividend discount (Gordon):Not enough data to compute it
P/FFO, funds from operations:$191.64
Mid-cycle earnings:$300.79
Revenue multiple:$483.55
Analyst Consensus:Buy (12B / 3H / 1S)
Last Earnings Surprise:-6.87%

Valuation Metrics

P/E Ratio

10.04

ROE

23.7%

P/B Ratio

1.91

P/FCF

8.75

Gross Margin

-

ROIC

12.0%

Profitability Radar

Value Creation (Economic Moat)

ROIC

12.0%

WACC

5.7%

ROIC − WACC

+6.3 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (18)

  • EPS shows upward trend
  • ROIC 12.0%
  • P/FCF 8.75
  • P/B Ratio 1.91
  • Debt/Equity ratio
  • Operating Margin 11.5%
  • Positive Free Cash Flow
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Price below Graham Number
  • DCF valuation (Undervalued)
  • ROE 23.0%
  • Revenue Growth 5Y 11.3%
  • Analyst Consensus 75% Buy
  • Earnings Quality (OCF/NI) 1.39
  • Share Dilution -4.6%

Failed (6)

  • Price CAGR -1.13%
  • CapEx intensity
  • Low reliance on intangibles
  • Earnings Surprise avg -1.8%
  • Net Margin Trend 6.6% vs 8.0%
  • Piotroski F-Score 4/9

Unavailable (3)

  • Gross Margin NaN%
  • Dividend Payout NaN%
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

4/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

1.39

High quality: earnings backed by cash

Share Dilution

-4.6%

Buying back shares. Shareholder friendly

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. Michael J. Brown M.Sc.Chairman, CEO & President68
Mr. Rick L. Weller CPAExecutive VP, Chief Accounting Officer & CFO67
Mr. Kevin J. CaponecchiExecutive VP and CEO of epay, Software & Payments Infrastructure Asia Pacific Segment58
Mr. Juan C. BianchiExecutive VP & CEO of Money Transfer Segment54
Mr. Nikos FountasExecutive VP and CEO of Payments Infrastructure Americas, Middle East & Africa Division61
Dr. Martin L. BrucknerExecutive VP & CTO49
Ms. Stephanie TaylorDirector of Financial Planning & IR-
Brian KimzeyActing General Counsel & Secretary-
Mr. Tony WarrenManaging Director of Payments Software-
Mr. Himanshu PujaraSenior VP & MD of EFT Asia Pacific & Ren Payments-

Audit Risk

4

Board Risk

6

Compensation Risk

4

Shareholder Rights Risk

4

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Documents

  • Annual Report (10-K)

    A yearly overview of the business, its financial results, and the risks it faces.

    Filed on 2026-02-26

    View document
  • Quarterly Report (10-Q)

    A snapshot of financial performance for the most recent three-month period.

    Filed on 2026-08-04

    View document
  • Current Report (8-K)

    An announcement of a major event, such as a leadership change or big news.

    Filed on 2026-07-30

    View document

via SEC EDGAR

Income History

via SEC EDGAR

Latest News

Recent headlines for EEFT, sourced from Markets Gazette.

  • 3/15/2026NEGATIVE
    Payments Stock Down 30% Draws $6 Million Bet as Company Posts $4 Billion in Revenue

    Euronet Worldwide, a global payments platform provider, saw its stock plummet 30% following a substantial bet from investors. Despite posting $4 billion in revenue, the significant stock drop suggests underlying concerns or a bearish market sentiment towards the company's future performance or valuation. This dramatic price movement, coupled with a $6 million bet against the stock, indicates a high level of investor apprehension. The company's core business involves transaction processing and money transfer solutions across various international markets.

  • 3/4/2026NEUTRAL
    Euronet Stock Has Tanked 22% This Past Year, but One Fund Doubled Down With an $8 Million Buy Anyway

    Despite a 22% stock decline over the past year, one fund has doubled down on Euronet Worldwide Inc. with an $8 million purchase. Euronet, a payments firm facilitating secure global transactions through an extensive ATM and POS network, has attracted significant interest from this institutional investor. The move suggests strong conviction in the stock's turnaround potential or undervaluation by the fund, despite its recent poor performance. For investors, this substantial buy could signal a turning point or a value opportunity.

via Markets Gazette