Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
W.A.G Payment Solutions plc is a pan-European integrated payments and mobility platform focused on the commercial road transportation industry. Founded in 1995 in the Czech Republic by CEO Martin Vohánka and headquartered in London, United Kingdom, the company operates under the Eurowag brand and serves approximately 313,000 trucks across Europe. Its primary function is to simplify operations for fleet operators through secure payment solutions, including pre- and post-paid fuel cards for traditional and alternative fuels, toll payments via on-board units, and mobile payment options. The platform also encompasses mobility services such as fleet management, telematics, smart routing, tax refunds, excise duty refunds, invoice currency exchange, insurance, roadside assistance, and freight ferry bookings. With around 15,000 fuel stations in 23 countries and EETS tolling licenses in multiple nations, W.A.G Payment Solutions plc processes millions of transactions annually, connecting drivers, dispatchers, accountants, and merchants while emphasizing fraud protection, efficiency, and sustainability in the CRT sector.
£1.09
+£0.02 (+2.05%)
EOD Jul 3, 2026
Operating margin is thin at 3.46%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 3.2%, steady but not accelerating.
At 440x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
440.1x earnings, 9.7x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€2.31B
▲ +3.2% YoY
Net Income (TTM)
€2M
▼ -22.8% YoY
Op. Margin
3.46%
▲ +0.4pp YoY
ROIC
6.35%
▲ +1.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€91M
▲ +9.8% YoY
Op. Cash Flow (TTM)
€105M
▲ +13.9% YoY
Net Debt
€350M
Cash & Equiv.
€354K
3Y CAGR: -0.9%
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At a P/E of 440.1 and a price-to-free-cash-flow of 9.7, W.A.G Payment Solutions (EWG.XLON) trades below a two-stage DCF intrinsic value of about €2.19 per share, so at €1.09 the stock looks undervalued (100.4% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, W.A.G Payment Solutions scores 49/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.7%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €2.19 per share for EWG.XLON, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €1.64. At today's €1.09, that puts the stock about 100.4% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
W.A.G Payment Solutions scores 49 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 3.5% operating margin and a 6.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, W.A.G Payment Solutions pays a regular dividend of about €0.04 per share per year (typically in quarterly installments), a yield of roughly 2.7% at the current price. That is a payout ratio of about 1,099.7% of earnings, so the dividend is stretched at this level. W.A.G Payment Solutions has grown the dividend at roughly 1,981.4% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For EWG.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. EWG.XLON currently trades below its estimated intrinsic value and scores 49/100 on quality (mixed). It also yields about 2.7%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.