Adyen: Still High Growth Rates Necessary To Justify The Price
- Adyen continues to report impressive growth, with Q3/24 net revenue up 20.5% YoY and processed volume increasing 31.9% YoY.
- Despite high growth, Adyen's stock is fairly valued, trading at a P/E ratio of 46 and a P/FCF ratio of 16.
- Adyen's expansion in Asia-Pacific, particularly India and Japan, offers significant growth potential, supported by strong performance in its digital and platform segments.
- While Adyen has a wide economic moat and strong growth prospects, current valuation suggests it remains a "Hold" for now.
Robert vt Hoenderdaal
In February 2024, I published my last article about Adyen N.V. (OTCPK:ADYEY) in which I claimed that the stock is not so cheap anymore, but still a solid long-term investment. And when looking at the information
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
