NYSE · PAY

Paymentus Holdings, Inc.

Technology · Software - Infrastructure

$36.21▼ 1.17% ($0.43)today

As of 3:40 PM ET

52-week

$20.11$45.31

Market cap

$4.55B

P/E

55.03

EPS (TTM)

$0.66

Next earnings

Nov 2, 2026

What the market price implies · Reverse DCF

To support a price of $36.21, this model requires revenue to grow by 26.68%/yr over the next 10 years, compounded annually.

Historical revenue grew by 31.88%/yr over the past 4 years. The required annual growth rate is 5.21 percentage points lower.

Selected forecast · Base scenario

18.33%/yr · actual 10-year annualized revenue growth

Year 1 growth: 32.65%

Market-implied · Base operating assumptions + edited margins

26.68%/yr · flat 10-year annualized revenue growth

Reverse DCF solves revenue growth itself using Base operating assumptions and your edited margins. Changing forecast growth alone does not change the implied rate. This is a model-implied requirement, not an analyst forecast.

Valuation

Recommended · Revenue & margin DCF

Price used

$36.21

Estimated value / share

$22.30

Base scenario

This estimate is 38.4% below the price used.

USD · TTM ending 2026-06-30

Year 1 growth 32.65% · Ending margin 8.84% · Discount rate 12.15%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future revenue, operating margins, and the investment needed to support them.

Price timestamp: Sep 17, 2026, 7:40 PM UTC
Financial statement period: TTM ending 2026-06-30
Data refreshed: Sep 17, 2026, 7:40 PM UTC · provider

Why this method?

FCFF is positive, but it is still too unstable and too short-lived to anchor even a normalized FCFF DCF. Use revenue and margin assumptions instead of compounding current FCFF.

Is FCFF positive and has it been for 3+ consecutive years? 3 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 249.1%.

Do you have 5+ years of positive FCFF history? Only 3 consecutive positive FCFF years are available.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: 10.8%Revenue (TTM): 30.21%FCF (TTM): 78.4%P/FCF: 23rd pct

What changed

The stock rose 10.8% over the last year. Revenue grew 30.21% over the trailing twelve months. Operating margin moved from 5.54% to 7.58%. Free cash flow grew 78.4% over the trailing twelve months.

What the market seems to be pricing

The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.

What would invalidate this read

Operating margin currently stands at 7.58%. A decisive move in revenue — currently up 30.21% — would be the clearest signal to resolve the ambiguity.

Performance

Return analysis

Company profile

Paymentus Holdings, Inc. delivers cloud-native technological solutions aimed at streamlining bill payments.

CEODushyant Sharma

SectorTechnology

IndustrySoftware - Infrastructure

Employees1,340

IPO dateMay 26, 2021

https://www.paymentus.com

Market multiples

Forward P/E—

EV/EBITDA29.87

Enterprise value$3.77B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth28.8%

Gross margin (FY2025)24.77%▼2.6ppvs FY2024

Operating margin (FY2025)6.31%▲1.2ppvs FY2024

ROE15.02%▲2.2ppvs FY2025

Analyst consensus

RatingHold

Target price$40.00▲10.47%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Nov 2, 2026

Q4 FY26 · EPS est $0.21 · Revenue est $359.31M

View

NYSE · PAY

Paymentus Holdings, Inc.

Technology · Software - Infrastructure

$36.21▼ 1.17% ($0.43)today

As of 3:40 PM ET

52-week

$20.11$45.31

Market cap

$4.55B

P/E

55.03

EPS (TTM)

$0.66

Next earnings

Nov 2, 2026

What the market price implies · Reverse DCF

To support a price of $36.21, this model requires revenue to grow by 26.68%/yr over the next 10 years, compounded annually.

Historical revenue grew by 31.88%/yr over the past 4 years. The required annual growth rate is 5.21 percentage points lower.

Selected forecast · Base scenario

18.33%/yr · actual 10-year annualized revenue growth

Year 1 growth: 32.65%

Market-implied · Base operating assumptions + edited margins

26.68%/yr · flat 10-year annualized revenue growth

Valuation

Recommended · Revenue & margin DCF

Price used

$36.21

Estimated value / share

$22.30

Base scenario

This estimate is 38.4% below the price used.

USD · TTM ending 2026-06-30

Year 1 growth 32.65% · Ending margin 8.84% · Discount rate 12.15%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future revenue, operating margins, and the investment needed to support them.

Price timestamp: Sep 17, 2026, 7:40 PM UTC
Financial statement period: TTM ending 2026-06-30
Data refreshed: Sep 17, 2026, 7:40 PM UTC · provider

Why this method?

FCFF is positive, but it is still too unstable and too short-lived to anchor even a normalized FCFF DCF. Use revenue and margin assumptions instead of compounding current FCFF.

Is FCFF positive and has it been for 3+ consecutive years? 3 consecutive positive FCFF years are available.

Is FCFF stable (not swinging >30% year to year)? The largest recent FCFF swing is 249.1%.

Do you have 5+ years of positive FCFF history? Only 3 consecutive positive FCFF years are available.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: 10.8%Revenue (TTM): 30.21%FCF (TTM): 78.4%P/FCF: 23rd pct

What changed

The stock rose 10.8% over the last year. Revenue grew 30.21% over the trailing twelve months. Operating margin moved from 5.54% to 7.58%. Free cash flow grew 78.4% over the trailing twelve months.

What the market seems to be pricing

What would invalidate this read

Operating margin currently stands at 7.58%. A decisive move in revenue — currently up 30.21% — would be the clearest signal to resolve the ambiguity.

Performance

Return analysis

Company profile

Paymentus Holdings, Inc. delivers cloud-native technological solutions aimed at streamlining bill payments.

CEODushyant Sharma

SectorTechnology

IndustrySoftware - Infrastructure

Employees1,340

IPO dateMay 26, 2021

https://www.paymentus.com

Market multiples

Forward P/E—

EV/EBITDA29.87

Enterprise value$3.77B

Stock splits

No stock splits recorded for this ticker.

Profitability & growth

Revenue growth28.8%

Gross margin (FY2025)24.77%▼2.6ppvs FY2024

Operating margin (FY2025)6.31%▲1.2ppvs FY2024

ROE15.02%▲2.2ppvs FY2025

Analyst consensus

RatingHold

Target price$40.00▲10.47%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Nov 2, 2026

Q4 FY26 · EPS est $0.21 · Revenue est $359.31M

View