US ／ PYPL

PayPal Holdings, Inc.PYPL · Nasdaq

Falling transaction counts and repeated executive turnover leave the market uneasy about growth momentum and governance stability.

EV/EBIT7.7x#12 in US; years of operating profit to buy the whole company

F-score8/8checks passed; 9.0 on a 9-point scale

Return on capital128%Greenblatt's definition

PER9.2xprice ÷ earnings

PBR2.32xprice ÷ book value

Market value$46.4bnEV $46.5bn

Why the market may be pricing it low

Concerns about weaker consumer spending and rising credit losses keep the fragility of the payments business in view.
increase the risk of lower consumer spending, merchant and consumer bankruptcy, insolvency, business failureMD&A

What could close the gap

If the string of executive changes settles into a stable new leadership team, it could ease governance concerns.
2026-05-21 Item 5.02,5.07,9.018-K filings
Disclosure of a new financing or material debt agreement could trigger a rethink of capital policy.
2025-11-17 Item 1.01,2.03,8.01,9.018-K filings

How a buyer could still lose (value trap)

Cash and debt are nearly equal in size, so the balance sheet has less real cushion than it appears.
Based on the figures below

Drafted by AI on 29 Sep 2026 from the figures on this page and excerpts of the filing only (no web search). Each point's quote was checked by machine against the filing text; points whose quote could not be found are not shown. These are hypotheses, not findings. Latest 10-K (SEC)

Financial quality (Piotroski F-score)

✓Profitable (ROA > 0)
✓Positive operating cash flow
✓ROA up on last year
✓Cash flow exceeds net profit
✓Leverage down on last year
✓Current ratio up on last year
✓No new shares issued
–Gross margin up on last yearno data
✓Asset turnover up on last year

Scored out of the checks with data, scaled to 9. Compares the latest year with the year before.

Figures

Sales: $33.7bn
Operating profit: $6.0bn
Net profit: $5.1bn
Operating cash flow: $6.4bn
Cash: $9.3bn
Debt: $9.4bn
Equity: $20.0bn

Latest twelve months to 2026-03-31; F-score for the fiscal year to 2025-12-31

This site ranks companies whose share price is low relative to their profits, using public filings and market prices, and has AI draft hypotheses on why they are cheap from those filings. The hypotheses are unverified. Nothing here is a price forecast or a recommendation to buy or sell. Not investment advice.

Updated 29 Sep 2026 12:31 JST