Payoneer Global Inc. (PAYO)
合理估值基本面
65
价格
$7.14
市值
$2.42B
第一部分 · 这家公司值多少
概览
Payoneer Global Inc. operates as a financial technology company. The company offers customers with a multi-currency account to serve their cross-border accounts receivable and accounts payable needs through payment infrastructure platform. It delivers a suite of services, such as funds management, working capital, multicurrency accounts, and workforce management. It also provides various payment options with minimal integration required, full back-office functions, and customer support. The company serves small and medium-sized businesses worldwide. Payoneer Global Inc. was founded in 2005 and is headquartered in New York, New York.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on 2026年9月19日 with claude-haiku-4-5 — shared with all users
PayPal is named in Payoneer's own 10-K as a global digital payment platform competing for the same online sellers, freelancers and marketplaces that need to get paid across borders and hold multiple currencies.
Wise offers the same core product to the same customers — multi-currency business accounts, local receiving details and low-cost cross-border transfers for small firms and freelancers — and is listed as a competitor in Payoneer's 10-K.
Airwallex, a private company cited by name in Payoneer's 10-K, sells global collection accounts, FX and payouts to the same internationally active small and mid-sized businesses.
Ant Group, named as a competitor in Payoneer's 10-K, serves Chinese and Asian e-commerce exporters — Payoneer's largest customer base — with cross-border collection and payout accounts through its WorldFirst business.
Stripe, listed among the merchant service providers Payoneer competes with in its 10-K, wins the same merchant and platform payment volume with Stripe Connect payouts to sellers in dozens of countries.
资产负债表与流动性
营收
$855M
最近12个月（截至2026/6/30）
净利润
$50M
最近12个月（截至2026/6/30）
自由现金流
$207M
股东权益合计
$704M
负债合计
$8.25B
流动比率
1.00
利息覆盖率
-
债务/EBITDA
0.08
每股收益
营收与净利润
自由现金流
收入构成
历史财务表
利润率变化
债务变化
债务负担有多重
增长一览表
增长 — 营业收入
公允价值估算
公允价值
$6.65
当前价格
$7.14
安全边际
-7.4%
公允价值区间
$4.32 - $8.97
所用估值方法之间的离散区间，并非经过统计校准的置信区间。
估算方法
估值指标
市盈率（P/E）
51.00
ROE
10.4%
市净率（P/B）
3.70
P/FCF
13.34
毛利率
-
ROIC
10.7%
盈利能力雷达图
价值创造（经济护城河）
ROIC
10.7%
WACC
9.9%
ROIC − WACC
+0.8 pp
ROIC 与资本成本大致持平：公司仅仅覆盖了资本成本。
基本面分析标准
通过（13）
- EPS shows upward trend
- ROIC 10.7%
- P/FCF 13.34
- Operating Margin 13.1%
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Debt/EBITDA
- Low reliance on intangibles
- ROE 10.0%
- Earnings Quality (OCF/NI) 4.42
- Share Dilution -1.4%
- Piotroski F-Score 6/9
未通过（9）
- Price CAGR -5.93%
- P/B Ratio 3.70
- Debt/Equity ratio
- Return on Tangible Assets
- Price below Graham Number
- DCF valuation (Overvalued)
- Analyst Consensus 0% Buy
- Earnings Surprise avg -33.6%
- Net Margin Trend 5.9% vs 13.0%
不可用（5）
- Gross Margin NaN%
- Dividend Payout NaN%
- Interest Coverage
- Revenue Growth 5Y (Finnhub)
- PEG Ratio (need PE > 0 and growth > 0)
Piotroski F-评分
信号混杂：部分领域需关注
盈利质量
高质量：盈利有现金流支撑
股权稀释
正在回购股份，对股东友好
机构持股
公司治理
管理团队
| 姓名 | 职位 | 年龄 |
|---|---|---|
| Mr. John R. Caplan | CEO & Director | 55 |
| Ms. Beatrice Ordonez C.A. | Chief Financial Officer | 52 |
| Ms. Tsafi Erlich Goldman | Chief Legal & Governance Officer and Corporate Secretary | 60 |
| Mr. Itai Perry | Senior VP of Finance & Principal Accounting Officer | - |
| Mr. Oren Ryngler | Chief Product & Technology Officer | - |
| Ms. Michelle Wang | Vice President of Investor Relations | - |
| Mr. Micheal Sheehy | Chief Compliance Officer | - |
| Mr. John Davis | Chief People Officer | - |
| Mr. Kevin Ambrosini | Chief Strategy Officer | - |
| Mr. Adam Cohen | Chief Growth Officer | - |
审计风险
5
董事会风险
3
薪酬风险
3
股东权利风险
3
第二部分 · 价格与买入时机
这一部分不判断公司是否值得拥有：它帮助你在基本面说服你之后，选择何时买入。包含：技术分析、潜力、历史回撤、Gamma 敞口。
损益历史
via SEC EDGAR
Latest News
Recent headlines for PAYO, sourced from Markets Gazette.
- 2/26/2026NEUTRALPayoneer (PAYO) Q4 2025 Earnings Call Transcript
The financial community was keenly awaiting the publication of the Payoneer (PAYO) Q4 2025 earnings call transcript. However, detailed information regarding the content of this call has not been made publicly available. This prevents investors from thoroughly analyzing the company's financial performance, future projections, and any operational strategies discussed by management. Earnings conference calls are critical moments for the market, offering transparency and guiding shareholder expectations. The lack of immediate access to this key data leaves market participants awaiting further clarification to assess Payoneer's trajectory and outlook.
- 2/25/2026POSITIVEPayoneer joins rush of fintechs bidding for US bank charters
Payoneer, a prominent digital payments company, is joining the growing cohort of fintech firms vying for a US bank charter. This strategic move, which also sees industry players like Coinbase and Crypto.com (the latter having received conditional approval) in the running, signals an acceleration within the sector towards integrating traditional financial services with innovative digital solutions. For investors, securing a bank charter would represent a significant growth catalyst for Payoneer, enabling the company to broaden its product offerings, enhance its regulatory standing, and attract a wider customer base, thereby bolstering confidence in its business model and its potential for expansion within the US financial market.
via Markets Gazette