# Pagaya Technologies Ltd. (PGY) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Financial Services / Consumer Lending. Price $17.80, market value $1.5 billion.

## Valuation
- **P/E (trailing): 10.6×** (5-yr avg 22.5×, 3-yr avg 22.5×). Pagaya Technologies Ltd. trades at 10.6× trailing earnings, well below its own five-year average of 22.5×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 4.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.04**. A PEG of 0.04 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.1×**. Each dollar of revenue is priced at 1.1×.
- **Price / book: 2.4×**. The shares trade at 2.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.0×**. Enterprise value is 4.0× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 15.7%** (5-yr avg 0.9%). Free cash flow equals 15.7% of the market value, above its five-year average of 0.9%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 9.4%**. The inverse of the P/E: 9.4% of the price is earned each year.

## Profitability
- **Operating margin: 27.5%**. 27.5% of revenue is left after running the business, an exceptional level.
- **Net margin: 6.5%**. 6.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 17.0%**. 17.0% on shareholders' equity is solid.
- **Return on invested capital: 52.8%**. Return on all capital, debt included, is 52.8%: comfortably above what that capital costs.
- **Return on assets: 10.0%**. Each dollar of assets produces 10.0% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 25.6%** (3-yr 22.5%/yr, 5-yr 68.9%/yr). Revenue grew 25.6% over the last year, against 68.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 116.4%** (5-yr 31.1%/yr). Earnings per share rose 116.4%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.
- **Cash and short-term investments: $235 million**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

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

## Analyst view
- **Analyst consensus: strong_buy** (11 analysts). 11 analysts cover Pagaya Technologies Ltd.; the consensus is strong_buy, with an average price target of $29.27 (+64% 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): -32.6%** (YTD -13.3%, 3-mo -18.5%). The shares are down 32.6% over twelve months including dividends.
- **From 52-week high: -40.2%** (71.2% above the low). Trading 40% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 45**. An RSI of 45 is neutral.
- **Beta (1 yr): 3.14** (volatility 74%). Beta of 3.14 against the S&P 500: the shares move much more than the market.

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

Not investment advice.