DCF Valuation
Base-case fair value
$22.26
Intrinsic $29.67 · 25% MOS
Current price: $5.04
Base-case summary
Our base-case DCF for Payoneer Global Inc. (PAYO) projects 10 years of free cash flow growth at 20.0% for years 1–5 and 10.0% for years 6–10, anchored to 72.3% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from $199M in trailing free cash flow, this produces an intrinsic value of $29.67 per share. A 25% safety margin gives a fair value of $22.26, suggesting the stock is currently 342% undervalued against the $5.04 market price.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
$199M
Cash & equivalents
$339M
Total debt
$0
Shares outstanding
350M