A bit late to this but still roughly in the same place as last year, adyen is a dominant player no doubt, but paypal seems to be trading at more attractive multiple for being the biggest payment processor in NA.
Why not look at paypal instead of adyen when your fundamentals are inline with paypals but at a more attactive valuation to adyens 20+x p/fcf compared to paypals 12x?
A bit late to this but still roughly in the same place as last year, adyen is a dominant player no doubt, but paypal seems to be trading at more attractive multiple for being the biggest payment processor in NA.
Why not look at paypal instead of adyen when your fundamentals are inline with paypals but at a more attactive valuation to adyens 20+x p/fcf compared to paypals 12x?