Professional
Added to YB: 2024-09-23
Pitch date: 2024-09-23
CPAY [bullish]
Corpay, Inc.
+11.34%
current return
Author Info
No bio for this author
Company Info
Corpay, Inc. operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally.
Market Cap
$24.0B
Pitch Price
$311.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.56
P/E
22.79
EV/Sales
7.02
Sector
Financial Services
Category
value
Corpay ($CPAY)
CPAY: Corporate payments segment growing 15-20% annually, now 30% of revenue. CEO Ron Clarke's capital allocation driving 20% EPS CAGR since 2010. Trading at 13x P/E vs historical 25x. EV transition overblown. Fuel card business stable. 15-20% EPS growth potential with re-rating upside.