Stocktoria

Paysign, Inc. PAYS

Nasdaq · stock · Services-Business Services, NEC · website · IPO 2001-07-19

Paysign, Inc. statistics & valuation

Market cap$456.8M
P / E60.5×
P / S5.6×
P / B9.4×
P / FCF8.9×
Net margin9.2%
Return on equity15.6%
FCF margin62.5%
Net debt$6.1M
Net debt / EBITDA0.4×
Enterprise value USD$462.9M
EV / EBITDA29.5×
Earnings yield EBIT/EV1.6%
Return on capital12.3%
Graham number -88%$1.54

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($1.54); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
13.40% 11.80% 11.00% 21.50% -37.90% -9.20% 2.70% 13.70% 6.50% 9.20% 2016201720182019202020212022202320242025
Gross margin (%)
43.60% 44.00% 48.70% 55.50% 38.60% 49.90% 55.10% 51.10% 55.10% 59.40% 2016201720182019202020212022202320242025
Operating margin (%)
13.00% 11.60% 10.60% 17.60% -34.60% -9.30% 0.90% -0.40% 1.70% 9.00% 2016201720182019202020212022202320242025
Return on equity (%)
48.40% 35.50% 28.50% 38.60% -69.10% -21.00% 6.30% 26.40% 12.50% 15.60% 2016201720182019202020212022202320242025
Shares outstanding
43.9M 48.0M 52.0M 54.6M 49.3M 51.8M 52.9M 54.2M 55.6M 59.6M 2016201720182019202020212022202320242025
Net debt ($)
$27892 $0 $0 $6.1M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
10.10% 8.80% 7.20% 13.90% -13.50% -3.20% 0.90% 4.40% 2.10% 2.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
39.30% 42.30% 67.20% 46.90% 51.40% 50.60% 66.30% 57.90% 38.60% 62.50% 2016201720182019202020212022202320242025
Debt / equity (×)
0.01× 0.00× 0.00× 0.13× 2016201720182019202020212022202320242025
EPS ($)
$0.03 $0.04 $0.05 $0.14 -$0.19 -$0.05 $0.02 $0.12 $0.07 $0.13 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Paysign, Inc. trades at about 98.5× earnings — above its 10-year norm (10-year range 4×–173.5×, median 32.1×).

4× 173.5×

Shaded band = 10-year range (4×–173.5×); dot = today's 98.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin59.4%55.1%51.1%55.1%49.9%38.6%55.5%48.7%44.0%43.6%
Operating margin9.0%1.7%-0.4%0.9%-9.3%-34.6%17.6%10.6%11.6%13.0%
Net margin9.2%6.5%13.7%2.7%-9.2%-37.9%21.5%11.0%11.8%13.4%
FCF margin62.5%38.6%57.9%66.3%50.6%51.4%46.9%67.2%42.3%39.3%
Return on assets2.7%2.1%4.4%0.9%-3.2%-13.5%13.9%7.2%8.8%10.1%
Return on equity15.6%12.5%26.4%6.3%-21.0%-69.1%38.6%28.5%35.5%48.4%
Debt / equity0.13×0.00×——————0.00×0.01×
Current ratio1.111.091.081.101.101.151.401.221.151.08

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.