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Euronet Worldwide

EEFT
45
Software - Infrastructure · Technology
Price
$70.07
+0.69 (+0.99%)
Market Cap
$2.67B
Exchange
NASDAQ
Winston Score
45
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Mixed
Growth
Mixed
Cash Flow
Good
Stability
Mixed
Valuation
Exceptional

Share count falling — buybacks

14.5% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 53.5M (2021) → 45.8M (2025)

Winston Score History

The full picture

Euronet Worldwide moves money around the globe. It runs a large network of ATMs, processes electronic payments, and helps people send money to family in other countries. Its three main businesses serve banks, retailers, and everyday consumers across more than 60 countries, with especially strong operations in Europe, Asia, and the Middle East.

Euronet earns money in several ways: it charges fees when people use its ATMs, takes a small cut of each payment it processes, and collects fees on international money transfers through its Ria brand, one of the larger remittance networks in the world. The company operates roughly 50,000 ATMs and handles billions of transactions each year. Its wide geographic reach and established payment infrastructure make it hard for new competitors to quickly replicate. The biggest risk is currency exchange rate swings, since Euronet earns revenue in many different currencies, and a strong U.S. dollar can shrink its reported profits.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+3.2% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

-14.3% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

0.0% of revenue

Below sector average (15%)

Research and development spending

Insider Activity

7.0%ownership

Flat

Insider ownership roughly steady over the past year

Cash Runway

~8 years

$1.2B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

$1.2B cash & investments at current burn rate

Growth context

Euronet Worldwide is growing revenue at 3% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Quality

Profit per sale
Gross Margin
12.4%
Thin — 12.4% gross margin
Profit after running costs
Operating Margin
12.4%
Healthy — 12.4% operating margin
Return on the money invested
ROCE
12.8%
Good — 12.8% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

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Growth

Sales growth
Sales YoY
+5.8%
Slow sales growth (+5.8% YoY)
Profit growth
EPS YoY
-6.0%
Earnings shrinking (-6.0% YoY)

Slight earnings drop. Typical near a cyclical low.

How steady the profit is
EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

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Cash Flow

Profit that turns into cash
Cash Conversion
89%
Modest — 89% of profit becomes cash
Spare cash per sale
FCF Margin
2.2%
Thin free cash flow (2.2%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

What it owes vs what it owns
Debt / Equity
2.20
Heavy debt load (2.20)
Covers its interest
Interest Cover
7.06x
Adequate interest coverage (7.1x)

Interest coverage between 3 and 8. Profits cover interest several times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
9.7x
Attractive valuation — P/E 9.7

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
+4.3
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (9.7 → 5.4)

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Dividends

Not applicable for this business.
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