Euronet Worldwide, Inc. (EEFT) vs Flywire Corporation (FLYW)

Euronet Worldwide, Inc. and Flywire Corporation are both Software Infrastructure companies. Euronet Worldwide, Inc. is the larger, with a market value of $2.4B against $2.1B — 1.2× the size. Euronet Worldwide, Inc. trades at the lower P/E: 10.3× against 64.8×. Flywire Corporation grew revenue faster over the last twelve months: 32.2% against 5.76%. Euronet Worldwide, Inc. has the higher net margin (6.59% vs 4.77%) and the higher return on invested capital (18.8% vs 4.70%). Across the 21 metrics below, Euronet Worldwide, Inc. leads on 13 and Flywire Corporation on 8.

Valuation

Metric EEFT FLYW Software Infrastructure median
P/E 10.30 64.81 28.02
P/S 0.57 3.00 3.07
P/B 2.00 2.62 3.36
Price to free cash flow 9.17 13.94 17.12
EV/EBITDA 4.40 26.34 14.91
EV/Sales 0.67 2.61 3.03
Earnings yield 9.71% 1.54% 0.13%
Free cash flow yield 10.91% 7.17% 1.15%

Profitability

Metric EEFT FLYW Software Infrastructure median
Gross margin 41.34% 100.00% 61.23%
Operating margin 11.55% 5.51% 0.00%
Net margin 6.59% 4.77% 0.00%
Free cash flow margin 6.19% 21.54% 1.67%
Return on equity 22.11% 4.23% 0.59%
Return on assets 4.42% 2.99% 0.00%
Return on invested capital 18.82% 4.70% 0.00%

Growth

Metric EEFT FLYW Software Infrastructure median
Revenue growth (TTM) 5.76% 32.21% 13.41%
EPS growth (last fiscal year) 6.05% 450.00% —
Revenue growth, 5-year CAGR 11.32% 36.44% 15.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EEFT FLYW Software Infrastructure median
Debt to equity 2.13 0.00 0.06
Current ratio 1.37 1.52 1.55
Net debt to EBITDA 0.46 (9.18) 0.08

Dividend

Metric EEFT FLYW Software Infrastructure median
Dividend yield — — 1.53%
Payout ratio 0.00 0.00 0.00

Size

Metric EEFT FLYW Software Infrastructure median
Market cap 2.41b 2.08b 835.96m

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