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Paypoint
(LSE:PAY)
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Rating:74Outperform
Price Target:
743.00 p
▲(18.22% Upside)
Action:Upgraded
Date:10/11/26
The score is driven by strong technical momentum and supportive valuation (low P/E and very high dividend yield). Financial performance improved in 2026 with a profitability and cash flow rebound, but the overall score is held back by rising leverage and declining equity, which increase balance-sheet risk.
Positive Factors
Revenue Expansion
PayPoint has expanded revenue substantially over several years, showing that its payments, retail-services, and technology platforms are reaching a larger activity base. Continued growth supports operating scale and provides a durable foundation for sustaining investment in its distribution network and digital capabilities.
Negative Factors
Higher Leverage
The rise in leverage and decline in equity have weakened PayPoint’s balance-sheet flexibility. A larger debt burden can increase financial risk, reduce room for investment or shareholder distributions, and make the company more sensitive to any future deterioration in operating performance or cash generation.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Expansion
PayPoint has expanded revenue substantially over several years, showing that its payments, retail-services, and technology platforms are reaching a larger activity base. Continued growth supports operating scale and provides a durable foundation for sustaining investment in its distribution network and digital capabilities.
Read all positive factors
Paypoint (PAY) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£398.26M
Dividend Yield15.4%
Average Volume (3M)130.91K
Price to Earnings (P/E)10.6
Beta (1Y)0.90
Revenue Growth8.46%
EPS Growth111.81%
CountryUK
Employees945
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)0.64
Shares Outstanding58,655,796
10 Day Avg. Volume150,647
30 Day Avg. Volume130,910
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)4.98
Price to Sales (P/S)1.09
P/FCF Ratio9.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.84
Revenue Forecast (FY)£199.13M
Paypoint Business Overview & Revenue Model
Company Description
PayPoint plc, established in 1996 and based in Welwyn Garden City, UK, specializes in furnishing a diverse array of payment, banking, shopping, and e-commerce solutions across the United Kingdom. Its comprehensive offerings include critical financ...
How the Company Makes Money
PayPoint primarily makes money by earning service fees for processing transactions through its distribution network and platforms. A major revenue stream comes from bill payment and top-up services: consumers pay household bills (e.g., utilities, ...
Paypoint Earnings Call Summary
Earnings Call Date:Nov 19, 2025
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 19, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted significant progress in digital payments and key project launches, despite facing challenges with certain contracts and a decline in Love2shop revenues. The company remains on track with its financial milestones and shareholder returns.Positive Updates
Growth in Digital Payments
Accelerated growth in the digital payments platform, with a focus on strengthening card processing capabilities.
Negative Updates
InPost Yodel Contract Challenges
Financial terms of the new commercial contract with InPost Yodel had a greater impact than anticipated, affecting parcel volumes and service.
Read all updates
Q2-2026 Updates
Positive
Negative
Growth in Digital Payments
Accelerated growth in the digital payments platform, with a focus on strengthening card processing capabilities.
Read all positive updates
Company Guidance
In the recent call, the company provided several key metrics and updates on their performance and future outlook. They reported net revenue of GBP 84.7 million, marking a slight increase compared to the previous year. The PayPoint segment saw a revenue boost of 2.9%, while Love2shop experienced a 9.6% decrease, attributed to timing changes in revenue recognition. Underlying profit before tax was GBP 25.7 million, down 4.5%, due to flat revenue and a 2.3% rise in costs. The company maintained a net debt of GBP 84 million, reflecting a 3.2% reduction. Notably, the launch of the BankLocal service with Lloyds Banking Group and Royal Mail Shops through Collect+ were highlighted as significant achievements. Despite challenges, the company remains focused on achieving its long-term growth target of GBP 100 million underlying EBITDA, projecting consistent net revenue growth between 5% to 8%. Additionally, they plan to return over GBP 90 million to shareholders this year through dividends and share buybacks.Paypoint Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
56
Neutral
Cash Flow
63
Positive
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 337.01M | 310.71M | 306.37M | 167.72M | 145.14M |
| Gross Profit | 149.07M | 136.43M | 147.40M | 100.17M | 93.48M |
| EBITDA | 92.00M | 60.03M | 77.25M | 55.71M | 61.13M |
| Net Income | 39.33M | 19.19M | 35.69M | 34.71M | 39.68M |
Balance Sheet | |||||
| Total Assets | 503.81M | 508.35M | 519.11M | 479.99M | 232.13M |
| Cash, Cash Equivalents and Short-Term Investments | 150.17M | 33.19M | 86.77M | 160.45M | 24.30M |
| Total Debt | 142.21M | 105.49M | 98.77M | 100.42M | 51.79M |
| Total Liabilities | 427.98M | 411.03M | 397.95M | 368.27M | 148.88M |
| Stockholders Equity | 74.09M | 93.21M | 121.16M | 111.71M | 83.26M |
Cash Flow | |||||
| Free Cash Flow | 37.45M | 5.62M | 37.78M | 81.00M | 11.76M |
| Operating Cash Flow | 45.53M | 24.39M | 53.99M | 93.70M | 22.57M |
| Investing Cash Flow | -27.92M | -43.90M | -16.33M | -57.05M | -4.68M |
| Financing Cash Flow | -19.96M | -34.08M | -28.81M | 17.06M | -58.39M |
Paypoint Technical Analysis
Positive
628.50
Price Trends
622.11
Positive
595.66
Positive
567.68
Positive
Market Momentum
15.18
Negative
75.77
Negative
86.13
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PAY, the sentiment is Positive. The current price of 628.5 is below the 20-day moving average (MA) of 643.42, above the 50-day MA of 622.11, and above the 200-day MA of 567.68, indicating a bullish trend. The MACD of 15.18 indicates Negative momentum. The RSI at 75.77 is Negative, neither overbought nor oversold. The STOCH value of 86.13 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:PAY.
Paypoint Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | £183.04M | 15.51 | 107.46% | 4.80% | 14.52% | 7.47% | |
78 Outperform | £405.74M | 39.83 | 9.32% | ― | 10.38% | 2.60% | |
77 Outperform | £1.06B | 21.62 | 64.69% | 2.21% | 1.58% | -6.06% | |
74 Outperform | £398.26M | 10.61 | 45.78% | 15.40% | 8.46% | 111.81% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | £54.32M | -14.13 | -23.16% | ― | -6.58% | -85.28% | |
56 Neutral | £707.05M | -245.46 | -1.33% | 1.48% | 15.98% | -131.06% |
* Technology Sector Average
GB:PAY
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Paypoint Corporate Events
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
PayPoint Cancels Latest Share Buyback to Tighten Free Float
Positive
Oct 13, 2026
PayPoint plc has repurchased a series of its own ordinary shares on the London Stock Exchange between 6 and 12 October 2026 through Investec Bank, paying volume-weighted average prices ranging from about 639p to 668p across several trading days. T...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
PayPoint Reduces Share Capital Through Targeted Share Buyback
Positive
Oct 6, 2026
PayPoint plc has repurchased a series of its own ordinary shares on the London Stock Exchange between 29 September and 5 October 2026, executing the buybacks via Investec Bank at volume-weighted average prices in the mid-630p to mid-660p range. Th...
Regulatory Filings and Compliance
PayPoint Updates Market on Total Voting Rights and Share Capital
Neutral
Oct 1, 2026
PayPoint Plc has confirmed that as of 30 September 2026 its issued share capital comprises 58,655,795 ordinary shares, each carrying one vote at general meetings, and that it holds no shares in treasury. This updated share count provides the offic...
Business Operations and StrategyDividendsRegulatory Filings and Compliance
PayPoint Directors Reinvest Interim Dividend Through Share Incentive Plan
Neutral
Sep 30, 2026
PayPoint Plc operates within the payments and technology sector in the U.K., providing retail payment solutions and related services, with its ordinary shares listed on the London Stock Exchange Main Market. The company uses share incentive and di...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
PayPoint cancels repurchased shares as buyback trims share capital
Positive
Sep 29, 2026
PayPoint plc has repurchased a series of its own ordinary shares on the London Stock Exchange between 22 and 28 September 2026, using Investec Bank to execute the trades at volume-weighted average prices around 632p to 638p per share. The company ...
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
PayPoint sets out growth strategy and KPIs at Capital Markets Day
Positive
Sep 29, 2026
PayPoint Plc, the UK-listed technology, payments and services group, is hosting a Capital Markets Day in London to outline its growth strategy and simplified operating model following a recent reorganisation. The company now operates through four ...
Business Operations and StrategyExecutive/Board ChangesRegulatory Filings and Compliance
PayPoint Executives Add Shares Under Ongoing Incentive Plan
Positive
Sep 23, 2026
PayPoint has disclosed the latest monthly transactions under its Share Incentive Plan, detailing the acquisition of partnership shares and the award of matching shares to a group of senior managers and executive directors. Among those participatin...
Stock BuybackRegulatory Filings and Compliance
PayPoint Cancels Newly Repurchased Shares, Updates Share Capital Total
Positive
Sep 22, 2026
PayPoint plc has repurchased a total of 59,977 of its ordinary shares between 15 and 21 September 2026 on the London Stock Exchange through Investec Bank, at volume-weighted average prices ranging from about 611p to 636p per share. The company int...
Regulatory Filings and Compliance
PayPoint CFO Reports Family Share Transfer Under Market Abuse Rules
Neutral
Sep 17, 2026
PayPoint plc has disclosed a share transfer involving its Chief Financial Officer, Rob Harding, in line with UK Market Abuse Regulation reporting requirements. The transaction concerns the movement of existing ordinary shares within his close fami...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
PayPoint Cancels Shares After Latest Buyback Transactions
Positive
Sep 15, 2026
PayPoint has repurchased a series of its own ordinary shares via Investec Bank between 8 and 14 September 2026 as part of an ongoing buyback programme. The transactions, executed on the London Stock Exchange at volume-weighted average prices aroun...
Stock BuybackRegulatory Filings and Compliance
PayPoint Cancels Repurchased Shares, Updates Share Capital
Positive
Sep 8, 2026
PayPoint plc has repurchased a series of its ordinary shares on the London Stock Exchange between 1 and 7 September 2026 via Investec Bank, at volume-weighted average prices ranging from about 616p to 647p per share. The company intends to cancel ...
Regulatory Filings and Compliance
PayPoint Confirms Total Voting Rights and Share Capital
Neutral
Sep 1, 2026
PayPoint Plc has confirmed that, as of 28 August 2026, its issued share capital comprises 59,119,537 ordinary shares of £0.003611 each, with each share carrying one voting right and no shares held in treasury. The company emphasized that this...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
PayPoint Cancels Newly Repurchased Shares, Updates Share Capital
Positive
Sep 1, 2026
PayPoint plc has repurchased a series of its own ordinary shares between 25 and 28 August 2026 through Investec Bank, at volume-weighted average prices around 630–640 pence per share. The company intends to cancel these shares, effectively r...
Executive/Board ChangesRegulatory Filings and Compliance
PayPoint Executives Receive Monthly Share Incentive Plan Awards
Neutral
Aug 26, 2026
PayPoint announced the routine monthly acquisition of partnership shares and the corresponding award of matching shares under its Share Incentive Plan for participating PDMRs, including chief executive Nicholas Wiles and chief financial officer Da...
Stock BuybackRegulatory Filings and Compliance
PayPoint Cancels Shares After London Buyback Programme
Positive
Aug 25, 2026
PayPoint plc has executed a share buyback programme, purchasing a series of ordinary shares on the London Stock Exchange between 18 and 24 August 2026 through Investec Bank. The company intends to cancel these repurchased shares, reducing the over...
DividendsRegulatory Filings and Compliance
PayPoint CFO Adds Shares Through Dividend Reinvestment Plan
Positive
Aug 18, 2026
PayPoint plc has disclosed a series of share transactions by Chief Financial Officer Rob Harding, who has acquired small tranches of the company’s ordinary shares through a third-party Dividend Reinvestment Plan. The purchases, made between ...
Stock BuybackRegulatory Filings and Compliance
PayPoint Reduces Share Capital Through Targeted Buyback
Positive
Aug 18, 2026
PayPoint has undertaken a share buyback between 11 and 17 August 2026, repurchasing tranches of its ordinary shares on the London Stock Exchange via Investec Bank at volume-weighted average prices around 600 pence. The company intends to cancel th...
Executive/Board ChangesRegulatory Filings and Compliance
PayPoint CEO’s 2021 Restricted Share Award Vests After Performance Conditions Met
Neutral
Aug 14, 2026
PayPoint plc has confirmed the vesting of the final tranche of a restricted share award granted in August 2021 to chief executive officer Nicholas Wiles under its Restricted Share Plan. The award vested on 13 August 2026 after the company met the ...
Stock BuybackRegulatory Filings and Compliance
PayPoint Reduces Share Capital Through Targeted Buyback
Positive
Aug 11, 2026
PayPoint has executed a share buyback programme between 4 and 10 August 2026, repurchasing its own ordinary shares on the London Stock Exchange via Investec Bank. The company intends to cancel these shares, reducing the outstanding share count to ...
DividendsRegulatory Filings and Compliance
PayPoint Discloses Executive Share Vesting and Dividend Reinvestment Deals
Neutral
Aug 6, 2026
PayPoint has confirmed the vesting of awards granted under its Deferred Bonus Plan to several senior managers and its chief executive, following satisfaction of the continuous employment condition. A portion of these vested shares was sold or cash...
Stock BuybackRegulatory Filings and Compliance
PayPoint adjusts share capital following latest buyback and cancellation
Positive
Aug 4, 2026
PayPoint plc has continued its share buyback programme, purchasing and cancelling a series of ordinary shares between 28 July and 3 August 2026 through Investec Bank, at volume-weighted average prices ranging from about 596p to 632p. Following the...
Regulatory Filings and Compliance
PayPoint Updates Share Capital and Total Voting Rights
Neutral
Aug 3, 2026
PayPoint Plc has confirmed that as of 31 July 2026 its issued share capital comprises 59,547,621 ordinary shares, each carrying one vote at general meetings, with no shares held in treasury. This updated share capital figure will serve as the refe...
Business Operations and StrategyExecutive/Board ChangesRegulatory Filings and Compliance
PayPoint grants chief executive long-term performance share award
Positive
Jul 30, 2026
PayPoint has granted Chief Executive Nick Wiles a one-off conditional Performance Share Award under its Executive Share Plan, comprising 471,238 ordinary shares valued using the 11 June 2026 closing mid-market price of £5.725. The award, disc...
Business Operations and StrategyExecutive/Board ChangesStock BuybackDividendsShareholder Meetings
PayPoint shareholders back all resolutions at 2026 AGM, affirming governance and capital flexibility
Positive
Jul 29, 2026
PayPoint plc reported that all resolutions at its 2026 Annual General Meeting on 29 July were approved by shareholders via poll, including the receipt of the annual report and accounts, a final dividend of 20 pence per share, directors’ remu...
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
PayPoint posts solid Q1 as reorganisation beds in and capital returns ramp up
Positive
Jul 29, 2026
PayPoint reported a solid start to FY27, with Q1 net revenue of £39.5m against a tough prior-year comparison and a challenging macroeconomic backdrop of subdued consumer activity and weak confidence. While group net revenue declined 6.4%, man...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
PayPoint Cuts Share Count with Latest Buyback and Cancellation
Positive
Jul 28, 2026
PayPoint plc has repurchased a series of its ordinary shares on the London Stock Exchange between 21 and 27 July 2026 through Investec Bank, as part of its ongoing share buyback programme, and intends to cancel all shares acquired. Following these...
Regulatory Filings and Compliance
PayPoint Executives Acquire Shares Under Incentive Plan
Neutral
Jul 23, 2026
PayPoint plc has disclosed the latest monthly transactions by persons discharging managerial responsibilities under its Share Incentive Plan. On 22 July 2026, participating PDMRs, including chief executive Nicholas Wiles and chief financial office...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
PayPoint Moves to Cancel Newly Repurchased Shares, Tightening Equity Base
Positive
Jul 21, 2026
PayPoint plc has repurchased a series of its own ordinary shares on the London Stock Exchange between 14 July and 20 July 2026 via Investec Bank, at volume-weighted average prices ranging from about 592p to 627p per share. The transactions covered...
Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
PayPoint Cancels Repurchased Shares After Latest Buyback Tranche
Positive
Jul 14, 2026
PayPoint plc has repurchased a series of its ordinary shares on the London Stock Exchange between 7 and 13 July 2026, executing the buyback through Investec Bank at volume-weighted average prices ranging from about 580p to 595p per share. The comp...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.