Adyen ADYEN.AS
Adyen is a financial technology platform that processes payments for merchants, offering payment gateway, acquisition, and risk management solutions globally. Adyen shows excellent financial health with net cash (ND/EBITDA of -9.29) and an operating margin of 43.62%, but its valuation (P/E 24.64) and growth (revenue +18.9%) are in line with the sector, with no material impact from the macro context of rates or oil.
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
Adyen is a financial technology platform that processes payments for merchants, offering payment gateway, acquisition, and risk management solutions globally. Adyen shows excellent financial health with net cash (ND/EBITDA of -9.29) and an operating margin of 43.62%, but its valuation (P/E 24.64) and growth (revenue +18.9%) are in line with the sector, with no material impact from the macro context of rates or oil.
Score by category
| Category | Score |
|---|---|
| Financial health | 8.9 |
| Quality / Moat | 6.3 |
| Valuation | 6.2 |
| Growth | 7.4 |
| Dividend | 1.5 |
| Momentum | 1.3 |
| Risk & Context | 2.6 |
OVERALL SCORE: 5.6/10
Context and risks
Adyen is a digital payments company based in the Netherlands, with no direct exposure to commodities, shipping routes, or tariffs. The oil price surge and geopolitical tensions do not materially affect its business model. The rise in 10-year rates is a duration factor, but it is already captured by the quantitative engine through P/E and negative net debt.
News considered in the analysis
- Adyen (ENXTAM:ADYEN) Guidewire Deal Keeps Its Undervalued Narrative In Play — El acuerdo con Guidewire amplía la base de clientes empresariales, un movimiento positivo pero de magnitud moderada y ya parcialmente reflejado en el precio.
- Adyen (ENXTAM:ADYEN) Stock Still Looks Below Fair Value After India Expansion — La expansión en India es un catalizador de crecimiento a largo plazo, pero su impacto en beneficios es lejano y la noticia es una opinión de análisis, no un hecho material.
- Adyen snaps up Klarna CFO — La incorporación de un CFO con experiencia en una fintech de alto crecimiento refuerza el equipo directivo, una señal positiva moderada para la ejecución futura.
- Broker upbeat as accesso as strategy 'starts to pay off' — Noticia sobre accesso, no sobre Adyen; sin información relevante para esta empresa.
- VTEX vs. ADYEY: Which Stock Is the Better Value Option? — Comparativa genérica de valoración sin información nueva sobre Adyen.
Verdict: Hold; business quality is high, but negative momentum (-24.57%) and negative free cash flow conversion (-92.28%) warrant caution until cash generation improves.
Main risk: The free cash flow conversion of -92.28% is the biggest risk: if it does not improve, the valuation (P/E 24.64) may not be sustainable despite revenue growth.
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