PAY

Paymentus Holdings Inc - Ordinary Shares - Class A

Finance/Real Estate, TMT


Presented:07/19/2022
Price:$13.97
Cap:$1.70B
Current Price:$23.53
Cap:$2.93B

Presented

Date07/19/2022
Price$13.97
Market Cap$1.70B
Ent Value$2.47B
P/E Ratio263.09x
Book Value$3.21
Div Yield0%
Shares O/S121.38M
Ave Daily Vol170,914
Short Int20.63%

Current

Price$23.53
Market Cap$2.93B
Paymentus Holdings, Inc. engages in the provision of cloud-based bill payment technology and solutions. Its products offers customers with easy-to-use, flexible and secure electronic bill payment experiences powered by an omni-channel payment infrastructure that allows consumers to pay their bills using their preferred payment type and channel. The company was founded by Dushyant Sharma in 2004 and is headquartered in Redmond, WA.

Publicly traded companies mentioned herein: Apple Inc (AAPL), Bill.com Holdings Inc (BILL), Paymentus Holdings Inc (PAY), PayPal Holdings Inc (PYPL)

Highlights

The presenter is long shares of Paymentus Holdings Inc (PAY), an instant payment network that provides bill paying software to its clients. Given the non discretionary nature of bill payments such as rent, utilities, and medical bills, PAY has particularly high volume visibility compared to its peers, which should serve it well in the event of a recession. As the company grows EBITDA 30% YoY, he sees 86% upside from its current $14 share price by 2024.

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Idea Discussion

Commentor 1 - 2 weeks ago

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