W.A.G payment solutions plc (EWG) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of W.A.G payment solutions plc stock £0.44, price £1.00, that is 56.0% below the price, quality 54 out of 100. Rating: strongly overvalued. Calculated from audited financials with 11 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range £0.5596 – £1.46 · fair‑value band £0.2300 – £0.6300 · the £0.9990 price screens above the £0.4400 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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W.A.G payment solutions plc develops and sells integrated digital platform, payment, mobility, and financial solutions for the commercial road transport (CRT) industry in Europe. It operates through two segments: Payment Solutions and Mobility Solutions.
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The Payment Solutions segment offers energy payment solutions, and toll payment solutions for conventional fuels, alternative energy, eMobility, and acceptance networks.
The Mobility Solutions segment offers fleet management solutions through performance telematics hardware and integrated software platform, providing navigation, vehicle and load tracking, including driver work time management; transport management; tax refund services, and financial services, through integrated fintech, insurance, eWallet, FX services and payment cards.
The company offers road services, such as parking, truck wash, tank cleaning, and repairs. The company was founded in 1995 and is based in London, the United Kingdom.
Stock analysis
W.A.G payment solutions plc (EWG) currently trades at £0.9990, while our model-based Fair Value estimate is £0.4400, 56% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of £1.30 per share, and 3 of the 11 models we run sit above the £0.9990 price.
Bear case: the Economic Profit group reads lowest at £0.1800, and 8 of the 11 models stay below the price. Data coverage for this calculation is medium.
Scenario range: £0.2300 (bear) to £0.6300 (bull), the price of £0.9990 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 54/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
W.A.G payment solutions plc reported revenue of €2.3B in FY2025 versus €1.6B in FY2021, a compound +8.3%/yr. Reported net income was €2.0M in FY2025, compounding −31.5%/yr from FY2021.
Key figures
Market cap £703M Small · P/S ratio 0.30 · Dividend yield 2.6% · Net margin −0.1% · Return on equity −1.2% · Return on assets (EBIT) 2.8% (5-year average) · Operating margin 2.6% · Revenue (TTM) €2.5B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (low confidence).
What moves the price
The share trades about 22% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −11% fair-value upside, at −56%, EWG screens richer than that median.
Fair Value models
Bear£0.2300Fair Value £0.4400Bull£0.6300
Price £0.9990 · Downside -56.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+1.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−1.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+12.6%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+13.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−26.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−29.4%
Dividend (yield on the price)2.6%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.3% → 3%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−5.3%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in EUR, euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about −7.3% a year for the price.
Compare W.A.G payment solutions plc with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Infrastructure · 345 stocks
Beats the industry median on 6/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score54 · Above median
Fair Value upside−56.0% · Bottom 25%
Profitability
Return on assets0.2% · Below median
Net margin (12 months)−0.1% · Below median
Operating margin (12 months)2.6% · Below median
Growth and dividend
Revenue growth (quarter YoY)18.5% · Above median
Dividend yield (12 months)2.6% · Above median
Balance sheet
Debt / equity0.96× · Highest 25%
Valuation Multiplesvs Software - Infrastructure median · lower = cheaper
P/B3.46× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
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Is W.A.G payment solutions plc (EWG) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of £0.4400 versus a price of £0.9990, about 56% lower (overvalued).
What is the fair value of EWG?
Our model-based fair value for W.A.G payment solutions plc is £0.4400 (as of Nov 5, 2026), built from audited fundamentals. The current price: £0.9990.
What is the quality score of EWG?
W.A.G payment solutions plc has a Quality Score of 54/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for W.A.G payment solutions plc (EWG)?
Our model-based price target is the fair value of £0.4400 (as of Nov 5, 2026) from 11 valuation models. Cautious scenario £0.2300, optimistic scenario £0.6300. It is a calculation from audited fundamentals, not an analyst target.
What is the W.A.G payment solutions plc stock forecast for 2026?
Our models put fair value at £0.4400, about 56% lower versus a price of £0.9990 (overvalued). Cautious scenario £0.2300, optimistic scenario £0.6300. The calculation is refreshed regularly with new filings.
What is the revenue of W.A.G payment solutions plc (EWG)?
W.A.G payment solutions plc reported trailing-twelve-month revenue of about €2.5B (latest available figure, as of Nov 5, 2026).
Does W.A.G payment solutions plc pay a dividend?
W.A.G payment solutions plc currently shows a dividend yield of 2.62% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of W.A.G payment solutions plc (EWG)?
W.A.G payment solutions plc has a dividend yield of 2.6%.
What growth is priced into W.A.G payment solutions plc (EWG)?
For today's price to be fair in a discounted-cash-flow model, W.A.G payment solutions plc would have to grow free cash flow by -5.3 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.6 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of EWG use?
Our models discount W.A.G payment solutions plc at 10.3 %: a base by market capitalisation (small), damped by beta 0.40, country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For W.A.G payment solutions plc that is -5.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has W.A.G payment solutions plc (EWG) delivered so far?
Over the past 5 years revenue at W.A.G payment solutions plc grew +12.6 % a year. The price currently implies free-cash-flow growth of -5.3 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of W.A.G payment solutions plc (EWG) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into W.A.G payment solutions plc (-5.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of W.A.G payment solutions plc (EWG)?
The free-cash-flow yield on the price is 15.21 %: that much free cash flow W.A.G payment solutions plc produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of W.A.G payment solutions plc (EWG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For W.A.G payment solutions plc it is £0.4400 per share (as of Nov 5, 2026), against a price of £0.9990. It is the blended result of 11 valuation models in 6 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit).
Is W.A.G payment solutions plc stock overvalued or undervalued in 2026?
As of Nov 5, 2026, EWG trades above its calculated fair value: price £0.9990, fair value £0.4400, a gap of about −56% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of EWG?
No. The price is what the market pays today (£0.9990); the fair value is what the company's own numbers justify (£0.4400). For W.A.G payment solutions plc the two are £0.5590 per share apart. That gap is exactly why we show both numbers side by side.
How much is W.A.G payment solutions plc worth?
The market values W.A.G payment solutions plc at about £703M (market capitalisation, as of Nov 5, 2026). Per share that is £0.9990; our models calculate a fair value of £0.4400 per share.
What do the bullish and bearish scenarios say about EWG?
Our models span a range for W.A.G payment solutions plc: cautious scenario £0.2300, base £0.4400, optimistic £0.6300 per share (as of Nov 5, 2026, price £0.9990). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of W.A.G payment solutions plc (EWG)?
Balance-sheet figures for W.A.G payment solutions plc (as of Nov 5, 2026): return on equity −1.2%, debt of 0.96 per unit of equity. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is EWG from its 52-week high?
W.A.G payment solutions plc trades at £0.9990, about 22% below its 52-week high of £1.28 and 11% above the low of £0.8986 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of £0.4400 is for.
Which stocks are comparable to W.A.G payment solutions plc?
From the same area (Technology) we also value Microsoft Corporation, Oracle Corporation, Palantir Technologies Inc, Palo Alto Networks, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is W.A.G payment solutions plc stock attractive at the current price?
The data as of Nov 5, 2026: price £0.9990, calculated fair value £0.4400 (−56%), Quality Score 54/100, from 11 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of EWG calculated?
We run W.A.G payment solutions plc through 11 models from 6 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of £0.4400 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. W.A.G payment solutions plc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of W.A.G payment solutions plc (EWG)?
The closing price on Nov 6, 2026 was £0.9990. Our model-based fair value is £0.4400, about 56% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with W.A.G payment solutions plc right now?
The price sits above even our optimistic bull case (£0.6300). The favourable scenario is already priced in. The model range is unusually wide (£0.2300 to £0.6300). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of W.A.G payment solutions plc
How large is the market capitalisation of W.A.G payment solutions plc (EWG)?
The market capitalisation of W.A.G payment solutions plc is £703M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of W.A.G payment solutions plc (EWG)?
The price-to-sales ratio of W.A.G payment solutions plc is 0.30 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of W.A.G payment solutions plc (EWG)?
The dividend yield of W.A.G payment solutions plc is 2.6%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of W.A.G payment solutions plc (EWG)?
The net margin of W.A.G payment solutions plc is −0.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of W.A.G payment solutions plc (EWG)?
The return on equity (ROE) of W.A.G payment solutions plc is −1.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of W.A.G payment solutions plc (EWG)?
On an EBIT basis the return on assets of W.A.G payment solutions plc is 2.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of W.A.G payment solutions plc (EWG)?
The operating margin of W.A.G payment solutions plc is 2.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at W.A.G payment solutions plc (EWG)?
Revenue at W.A.G payment solutions plc is growing +18.5% versus a year earlier (3y avg −1.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at W.A.G payment solutions plc (EWG)?
Earnings per share at W.A.G payment solutions plc are growing −51.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does W.A.G payment solutions plc (EWG) carry?
The net debt of W.A.G payment solutions plc is €234M (fiscal year 2025, ≈ 1.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 5, 2026