# Nayax Ltd. (NYAX) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology. Price $52.24, market value $2.0 billion.

## Valuation
- **P/E (trailing): 248.8×** (5-yr avg 53.8×, 3-yr avg 53.8×). Nayax Ltd. trades at 248.8× trailing earnings, well above its own five-year average of 53.8×: investors are paying up relative to the company's past. The Technology median in the September 2026 study was 32.1×. Forward P/E is 33.4×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.05**. A PEG of 0.05 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 4.3×**. Each dollar of revenue is priced at 4.3×.
- **Price / book: 8.0×**. The shares trade at 8.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 31.5×**. Enterprise value is 31.5× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: -0.3%** (5-yr avg 0.6%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.
- **Earnings yield: 0.4%**. The inverse of the P/E: 0.4% of the price is earned each year.

## Profitability
- **Gross margin: 47.8%**. Nayax Ltd. keeps 47.8% of revenue after the direct cost of what it sells.
- **Operating margin: 3.9%**. 3.9% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 8.9%**. 8.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 15.4%**. 15.4% on shareholders' equity is solid.
- **Return on invested capital: 7.8%**. Return on all capital, debt included, is 7.8%.
- **Return on assets: 0.9%**. Each dollar of assets produces 0.9% of profit.

## Growth
- **Revenue growth (1 yr): 27.5%** (3-yr 32.1%/yr, 5-yr 38.4%/yr). Revenue grew 27.5% over the last year, against 38.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 698.7%**. Earnings per share rose 698.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 1.36**. Debt is 1.36 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: net cash**. Nayax Ltd. holds more cash than debt.
- **Interest coverage: 0.9×**. Operating profit covers interest only 0.9×: fragile.
- **Altman Z-score: 2.88**. A Z-score of 2.88 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Nayax Ltd. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (3 analysts). 3 analysts cover Nayax Ltd.; the consensus is buy, with an average price target of $76.00 (+45% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 5.6%** (YTD 3.2%, 3-mo -19.6%). The shares are up 5.6% over twelve months including dividends.
- **From 52-week high: -32.0%** (33.4% above the low). Trading 32% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 0.83** (volatility 48%). Beta of 0.83 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NYAX · Page: https://foliofundamentals.com/stocks/nyax

Not investment advice.