Should you buy Adyen stock? (August 2024)

Published first at https://www.3minutebreakdowns.com Adyen stock analysis. Ticker: $ADYEN Adyen reported earnings 10 days ago and the stock jumped 12%. Shares are now up 69% over the past year. At the latest price, Adyen has a market cap of 41 billion euros and an enterprise value of 39 billion. Revenue over the last 12 months comes to 1.8 billion with 826 million of net income and 846 million of ebitda. That means Adyen is now valued at 22 times revenue, 50 times earnings and 46 times ebitda. That’s a rich valuation but Adyen is clearly a high quality business. Operating as a payment gateway, processor and acquiring bank for thousands of companies, Adyen is able to eliminate fraud and drive lower costs for customers. And this is highly profitable for Adyen with over 45% of revenue flowing right to the bottom line. And the company is showing excellent growth as well. Total processed volume increased 45% in the first half to 620 billion euros with total revenue increasing 24%. Volume growth was seen across all of Adyen’s segments; 50% growth in digital, 29% growth in unified commerce and 59% growth in platforms. #investing #stockstobuy #stocks #3mb