WPS LN

W.A.G Payment Solutions plc

Finance/Real Estate, TMT


Presented:11/30/2021
Price:£1.18
Cap:N/A
Current Price:£0.78
Cap:$0.83B

Presented

Date11/30/2021
Price£1.18
Market CapN/A
Ent ValueN/A
P/E RatioN/A
Book ValueN/A
Div Yield0%
Shares O/SN/A
Ave Daily Vol253,664
Short IntN/A

Current

Price£0.78
Market Cap$0.83B

Publicly traded companies mentioned herein: BP PLC (BP), FleetCor Technologies Inc (FLT), Royal Dutch Shell PLC (RDSA NA), WAG Payment Solutions PLC (WPS LN)

Highlights

The presenter is long shares of WAG Payment Solutions PLC (WPS LN) or EUROWAG, a leading pan-European integrated payments & mobility platform focused on the global commercial road transportation industry. Even though the stock has consistently drifted down since the IPO, the presenter sees an opportunity for the share price to more than double from the current price of £115 with topline growth in the high-teen% - low-20% range and expanding EBITDA margins. Essentially, this is comparable to FLT on valuation but is growing organically twice as fast. Due to its small market cap and lack of sell-side coverage, he believes it will take some time for investors to appreciate the quality of the business.

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Idea Discussion

Commentor 1 - 2 weeks ago

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