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Global Payments Inc. — Intrinsic Value & Fair Price

GPN
NYSEFinancial ServicesFinancial - Credit ServicesCIK 0001123360globalpayments.com/en-apAbout GPN
Last close · Oct 16, 202683.67−0.50 (−0.59%)
Market cap$22.1B
Model value · DCF · Perpetuity growth · 5y
430.93
Global Payments closed at $83.67 — undervalued by 81% vs model.
197.08the model's range716.23

DCF · Perpetuity growth · 5y leads for profitable growth — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
5.83 – 463.46
Wall St. target
104.50 20% below
Below model, 1y
16 of 20 days

Price and model value

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What the marks mean
Daily close

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
1.20%
Past 2 years
low 0.84%high 1.60%
Dividends per share, a year at a time
$0.84Sep ’21$1.00Sep ’22$1.00Sep ’23$1.00Sep ’24$1.00Sep ’25$1.00TTM
Dividends / free cash flow, FY2025
11.7%
Raised
—
Growth, 5 yrs
3.7% a year
Last change
+28.2% · Sep 2021
Every payment, with ex-dates · latest $0.25, paid Sep 25, 2026

Research on GPN

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How it is valued

Valued asProfitable Growth
Revenue declining (~-11% recent)Moderate margins (18% net margin)Pays dividendsHighly cyclical earningsStrong FCF yield (9.2%)
What growth the price implies: the reverse DCF

Key figures

FY2025
P/E
14.5×
EV / EBITDA
10.2×
FCF yield
10.2%
Dividend yield, TTM
1.20%
Beta
0.81
Cost of capital (WACC)
6.42%
Full financials

Analyst actions

third-party, quoted
10-08Oppenheimer · “Outperform” from “Perform”upgrade
10-08Oppenheimer · target115.00
09-24Loop Capital Markets · target137.00
09-10Piper Sandler · target101.00
Ratings, targets and estimates

Comparable companies

by business, not by industry label
2 more companies list GPN as a comparable

The weekly

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About Global Payments

Global Payments Inc. is a prominent provider of payment technology and software solutions, facilitating transactions across various forms including card, electronic, check, and digital payments. Its operations span the Americas, Europe, and the Asia-Pacific regions. The company's business is structured into three primary divisions: Merchant Solutions, Issuer Solutions, and Business and Consumer Solutions. The Merchant Solutions segment offers a comprehensive array of services designed to support businesses in managing their payment processing. These services include transaction authorization, settlement, funding, customer support, chargeback resolution, terminal rental and deployment, robust payment security, consolidated billing, and online reporting. Furthermore, this segment delivers specialized enterprise software solutions that help customers in diverse vertical markets streamline their business operations. It also provides various value-added services, such as point-of-sale (POS) systems, analytics and engagement tools, and even payroll and human capital management services. The Issuer Solutions segment empowers financial institutions and retailers by providing them with platforms to efficiently manage their card portfolios. Additionally, it supplies commercial payment and ePayables solutions specifically for businesses and government entities. Through its Business and Consumer Solutions segment, operating notably under the Netspend brand, the company addresses the financial needs of the underbanked, other consumers, and various businesses. This segment's offerings comprise general-purpose reloadable prepaid debit cards, payroll cards, demand deposit accounts, and other related financial services. Global Payments distributes its products and services through a multifaceted sales and marketing approach, leveraging its direct sales force, trade association partnerships, agent and enterprise software provider networks, referral arrangements with value-added resellers, and independent sales organizations. Founded in 1967, Global Payments Inc. is headquartered in Atlanta, Georgia.

CEO
Cameron Bready
Headquarters
Atlanta, GA
Employees
26,000
IPO
2001-01-16
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.