Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Nayax Ltd.

NYAXNASDAQ
Wall Street Score · overall investment37/100
$51.92USD+$1.51 (+3.00%)
Company website www.nayax.com
HeadquartersBuilding B, Herzliya, TA, 4659071, IL
Financial statement currencyUSD · no FX conversion applied
Technology · Software - Infrastructure
Price updated todayFinancials updated Oct 8, 2026

NYAX · Price history

Price at last available close

$51.92

+$7.26 (+16.26%) 1M

2026-10-27

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Company & revenue

About Nayax Ltd.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Nayax Ltd., an Israeli fintech company established in 2005, operates a global payment and operational platform, providing comprehensive solutions primarily for unattended and automated points of sale. The company’s diverse product lineup includes various advanced payment terminals and telemetry devices. Key offerings range from the versatile VPOS TOUCH, which facilitates both contactless and traditional contact payments, and the cashless VPOS FUSION card reader, to the ONYX device, integrating contactless payment capabilities with telemetry.

How they make money

Nayax operates a global commerce enablement and payment platform that generates revenue through a combination of recurring SaaS subscription fees for its management software and transaction processing fees. The company also sells mission-critical point-of-sale hardware devices that connect merchants to its payment ecosystem, creating a recurring revenue stream as transaction volumes grow.

Products & services

Nayax provides an integrated platform including payment processing, point-of-sale hardware, telemetry, remote management software, and loyalty programs for unattended and attended retail businesses.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Unattended retail merchantsSource
  • Attended retail merchantsSource

Customer concentration

The company does not disclose specific customer concentration figures in its 2025 Annual Report.

Suppliers, materials & equipment

  • Contract Manufacturers — The company relies on third-party contract manufacturers for the production of its hardware devices; specific supplier names are not disclosed.Source

Business relationships & partnerships

  • Autel Energy — A strategic partnership to integrate Nayax's payment solutions with Autel Energy's electric vehicle charging infrastructure.Source

Strengths

  • Proprietary data moat from connected devicesSource
  • Recurring revenue modelSource

Risks

  • Dependence on third-party payment processors and merchant acquirersSource
  • Risks associated with international operations and foreign exchange fluctuationsSource

Financial risk observations and what to check

These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.

Quarterly EPS turned negative at -0.27 versus 0.31 a year earlier.

Separate recurring operating losses from noncash or one-time charges, and check cash flow rather than interpreting negative EPS as a cash-outflow amount.

Quarterly net income turned from a profit to a loss versus the same quarter last year.

Identify the causes in the interim report and distinguish operating cash use from accounting charges. Prior profitability is not a guarantee of recovery.

Total debt increased 121.7% versus the same quarter last year.

Compare the added borrowing with available cash, cash generation and maturities. A percentage increase from a small starting balance can look large without measuring the full debt burden.

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

37

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

58

Fair

Financial Strength

35

Business Quality / Moat

100

Management

65

Growth Quality

55

Risk / Durability

16

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

26

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

39/100

Building Historical Record

Model Score 39/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Asset quality scores strongly
What to watch
  • •M&A headline · Oct 1, 2026
  • •M&A headline · Aug 26, 2026
  • •M&A headline · Aug 25, 2026
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for NYAX

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can NYAX maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is NYAX's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Does NYAX's balance between cash and debt leave enough flexibility if business conditions weaken?
  • •What future growth or profitability would be needed to justify NYAX's current valuation?
  • •What does the current fundamental change risk warning mean for the reliability or interpretation of NYAX's score?
⚠ 3 warningsView warning details
M&A headline · Oct 1, 2026M&A headline · Aug 26, 2026M&A headline · Aug 25, 2026
Business analysis: 15 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

37

0–100 · Weak

Opportunity Score

26

0–100 · Poor

Market Cap

$1.94B

P/E Ratio

207.8

EPS

$0.22

52-Week High

$76.86

52-Week Low

$39.17

Beta

-0.14

Intrinsic Value

$8.43

Analyst Target

$69.15

Shares Outstanding

37.7M

Total Revenue

$456.2M

Total Debt

$358.4M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$6.52

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
75/ 100
+11 pts / 5d

Building upward momentum

5D +6.9% · 20D +16.5% · RSI 71 · Price vs 20D avg +9.5%
Volatility
34/ 100
-0 pts / 5d

Low movement

20D realized vol 43.1% · 60D 63.8% · Acceleration 0.68x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for NYAX

Detected from reported data — verify before acting.

M&A headline · Oct 1, 2026

Nayax Completes Acquisition of IPS Group — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

GlobeNewsWire

M&A headline · Aug 26, 2026

Nayax Targets Parking Market With $350M IPS Group Acquisition — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

MarketBeat

M&A headline · Aug 25, 2026

Nayax Enters into Definitive Agreement to Acquire IPS Group, a Leading Smart Parking Technology Provider — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

GlobeNewsWire

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on NYAX.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Proprietary data moat from connected devices.
  • +Recurring revenue model.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Software - Infrastructure industry.
  • −Dependence on third-party payment processors and merchant acquirers.
  • −Risks associated with international operations and foreign exchange fluctuations.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak37/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

37

Tap for breakdown →

Poor

30

Debt Cost4.4%
Debt Reduction YoY-515.1%
Debt / Equity1.46x

Tap for breakdown →

Poor

29

Revenue YoY5.3%
Revenue CAGR35.7%
Net Margin1.8%

Tap for breakdown →

Strong

71

Asset Growth YoY97.0%
Liquidation/Share$6.52
Net Assets/MCap0.34x

Tap for breakdown →

Poor

2

Earnings Yield0.5%
Buyback Yield0.0%
Debt Cost4.4%

Tap for breakdown →

Fair

65

ROIC9.9%
ROE3.3%
ROA0.9%

Tap for breakdown →

Elite

100

EPS Growth—
FCF/Share Growth275.0%
Rev/Share Growth32.8%

Tap for breakdown →

Poor

0

Intrinsic Value$8.43
Value Reference$5.06
MOS-474.9%

Tap for breakdown →

Weak

49

Revenue29
Moat100
Valuation0

Tap for breakdown →

Poor

0

MOS %-474.9%
Value Reference$5.06
Deep Discount Reference$3.37

Tap for breakdown →

Poor

32

Interest Coverage2.0x
ROIC9.9%
FCF Yield4.2%

Tap for breakdown →

Poor

35

Financial32
Valuation0
Debt30

Tap for breakdown →

Fair

65

Survival Years2.7 yrs
Current Ratio2.26x
FCF Margin16.3%

Tap for breakdown →

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Score Changes

3 historical score records available

Previous Score

37

Oct 1, 2026

Change

+0.1

points

Current Score

37

Oct 8, 2026

Category Changes

Revenue+0.2
Debt0
Assets+0.5
Capital0
Management0
Moat0
Valuation0
Buffett+0.1

NYAX increased 0.1 points because overall fundamentals improved.

Projected Score

Projected Score

30

Projected Change

-6.8 points

Preliminary comparable-period financial changes suggest decline of approximately 6.8 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Overvalued

Current Price

$51.92

Model Intrinsic Value

$8.43

Difference

+$43.49

+515.8% vs IV

Margin of Safety

-515.8%

UndervaluedFair ValueOvervalued
Value Reference: $5.06
Deep Discount Reference: $3.37

Financial Charts

Revenue

20182019202020212022202320242025$0$150M$300M$450M$600M

Additional Metrics

Operating Cash Flow

20182019202020212022202320242025-$30M$0$30M$60M$90M

Total Debt

2019202020212022202320242025$0$85M$170M$255M$340M

Total Assets

2019202020212022202320242025$0$250M$500M$750M$1.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM20252024202320222021202020192018
Revenue$456.2M$433.5M$314.0M$235.5M····················
Cost of Revenue$249.8M$239.9M$172.5M$147.2M····················
Gross Profit$206.5M$193.5M$141.5M$88.3M····················
Research & Development$37.9M$32.4M$25.4M$28.4M····················
SG&A Expenses$148.6M$131.3M$78.0M$70.3M····················
Operating Expenses$187.0M$163.7M$138.4M$100.7M····················
EBITDA$53.5M$79.8M$23.7M$2.1M····················
Operating Income$19.4M$29.8M$3.1M-$12.4M····················
Interest Expense$17.1M$14.8M$8.4M$2.8M····················
Income Before Tax$7.7M$37.4M-$4.4M-$14.7M····················
Income Tax Expense-$447K-$1.0M$1.2M$1.2M····················
Net Income$8.2M$38.4M-$5.6M-$15.9M····················
Basic EPS$0.22$1.04$-0.16$-0.48····················
Basic Shares37.58M36.98M35.76M33.15M····················
Diluted Shares37.58M37.65M35.76M33.15M····················
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:Nov 18, 2026
Estimated EPS: $0.15Estimated revenue: $134.3M
Jun 30, 2026Q2FY2026

Revenue

$122.6M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.27

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+121.7%

Cash Change

+75.8%

Margin Change

-20.4 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Cash position grew

What Weakened

  • Margins contracted
  • Debt increased

Potential Score Impact

Positive indicators included revenue growth, cash levels. Pressure indicators included EPS growth, debt levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 28.2%. EPS declined 187.1%. Cash increased 75.8%. Total debt increased 121.7%. Net income margin declined by 20.4 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 8, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 8, 260255075100

Intrinsic Value

Jul 24, 26Oct 1, 26Oct 8, 26$0.00$11.00$22.00$33.00$44.00

Value Reference

Jul 24, 26Oct 1, 26Oct 8, 26$5.00$10.00$15.00$20.00$25.00

Margin of Safety %

Jul 24, 26Oct 1, 26Oct 8, 26-1.0%-0.9%-0.8%-0.8%-0.7%

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News

Rumor Mill · NYAX

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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