(FOUR) Shift4 Payments - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US82452J1097

Payments Platform, SkyTab POS, Lighthouse, Shift4Shop, Marketplace

Data Processing & Outsourced Services
Market Cap in USD: 5,555m

IPO / Inception: 2020-06-05
Return 12m vs S&P 500: -47.1%

EPS (Earnings per Share)

EPS CAGR: -27.52%
EPS Trend: 36.5%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 33.40%
Rev. Trend: 97.8%

Last SUE: -0.09
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	48.6%
Value at Risk 5%th	68.1%
Relative Tail Risk	-14.75%

Reward TTM
Sharpe Ratio	-0.83
Alpha	-60.52
CAGR/Max DD	0.05

Character TTM
Hurst Exponent	0.436
Beta	1.287
Beta Downside	1.315

Drawdowns 3y
Max DD	50.12%
Mean DD	18.79%
Median DD	17.13%

Description: FOUR Shift4 Payments January 07, 2026

Shift4 Payments (NYSE:FOUR) delivers a cloud-native payments platform that enables omni-channel card acceptance and processing of a broad set of payment methods-including credit, debit, contactless, QR, mobile wallets (Apple Pay, Google Pay) and major Chinese alternatives (Alipay, WeChat Pay)-to merchants in the United States and abroad.

Beyond core processing, the firm bundles point-of-sale hardware (SkyTab POS), mobile ordering and self-service solutions (SkyTab Mobile/Venue), a business-intelligence suite (Lighthouse), an e-commerce storefront (Shift4Shop), and a cryptocurrency donation marketplace (The Giving Block). These offerings are sold through independent software vendors, direct sales, and value-added resellers, with ancillary services such as underwriting, risk management, and partner integration support.

Key operating metrics (FY 2023) show total payment volume (TPV) of roughly **$100 billion**, a **13% YoY revenue increase to $2.1 billion**, and a **gross margin of ~70%**, reflecting the scalability of its SaaS-based model. The company’s growth is closely tied to macro trends: continued e-commerce expansion, rising adoption of digital wallets, and the broader “unified commerce” shift that pushes merchants toward integrated payment-and-data platforms.

Assuming the current trajectory of digital-payment adoption persists, Shift4’s diversified product suite positions it to capture incremental share of merchant spend, though valuation sensitivity remains to macro-economic volatility and competitive pressure from larger processors.

For a deeper dive into valuation assumptions and scenario analysis, you may find the **ValueRay** platform’s data visualizations useful.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (194.8m TTM) > 0 and > 6% of Revenue (6% = 232.7m TTM)

FCFTA 0.06 (>2.0%) and ΔFCFTA -4.37pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 19.13% (prev 44.18%; Δ -25.04pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.06 (>3.0%) and CFO 555.7m > Net Income 194.8m (YES >=105%, WARN >=100%)

Net Debt (3.28b) to EBITDA (772.4m) ratio: 4.24 <= 3.0 (WARN <= 3.5)

Current Ratio 1.38 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (90.7m) change vs 12m ago 1.48% (target <= -2.0% for YES)

Gross Margin 32.61% (prev 28.01%; Δ 4.60pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 55.25% (prev 62.37%; Δ -7.12pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.82 (EBITDA TTM 772.4m / Interest Expense TTM 138.5m) >= 6 (WARN >= 3)

Altman Z'' 0.78

(A) 0.08 = (Total Current Assets 2.70b - Total Current Liabilities 1.96b) / Total Assets 8.99b

(B) -0.03 = Retained Earnings (Balance) -283.4m / Total Assets 8.99b

(D) -0.03 = Book Value of Equity -236.3m / Total Liabilities 6.76b

Total Rating: 0.78 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 60.83

1. Piotroski 3.50pt

2. FCF Yield 5.65%

3. FCF Margin 12.88%

4. Debt/Equity 2.87

5. Debt/Ebitda 4.24

6. ROIC - WACC (= -0.91)%

7. RoE 15.99%

8. Rev. Trend 97.75%

9. EPS Trend 36.48%

What is the price of FOUR shares?

As of January 12, 2026, the stock is trading at USD 66.88 with a total of 2,199,406 shares traded.
Over the past week, the price has changed by +6.70%, over one month by -0.03%, over three months by -15.74% and over the past year by -35.99%.

Is FOUR a buy, sell or hold?

Shift4 Payments has received a consensus analysts rating of 4.35. Therefore, it is recommended to buy FOUR.

Strong Buy: 13
Buy: 5
Hold: 5
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the FOUR price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	93.1	39.2%
Analysts Target Price	93.1	39.2%
ValueRay Target Price	58.5	-12.6%

FOUR Fundamental Data Overview January 12, 2026

P/E Trailing = 29.2897
P/E Forward = 9.9502
P/S = 1.4322
P/B = 6.2218
P/EG = 0.3111
Beta = 1.677
Revenue TTM = 3.88b USD
EBIT TTM = 390.2m USD
EBITDA TTM = 772.4m USD
Long Term Debt = 4.02b USD (from longTermDebt, last quarter)
Short Term Debt = 717.4m USD (from shortTermDebt, last quarter)
Debt = 4.79b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.28b USD (from netDebt column, last quarter)
Enterprise Value = 8.83b USD (5.55b + Debt 4.79b - CCE 1.51b)
Interest Coverage Ratio = 2.82 (Ebit TTM 390.2m / Interest Expense TTM 138.5m)
EV/FCF = 17.68x (Enterprise Value 8.83b / FCF TTM 499.4m)
FCF Yield = 5.65% (FCF TTM 499.4m / Enterprise Value 8.83b)
FCF Margin = 12.88% (FCF TTM 499.4m / Revenue TTM 3.88b)
Net Margin = 5.02% (Net Income TTM 194.8m / Revenue TTM 3.88b)
Gross Margin = 32.61% ((Revenue TTM 3.88b - Cost of Revenue TTM 2.61b) / Revenue TTM)
Gross Margin QoQ = 36.45% (prev 30.27%)
Tobins Q-Ratio = 0.98 (Enterprise Value 8.83b / Total Assets 8.99b)
Interest Expense / Debt = 0.90% (Interest Expense 43.3m / Debt 4.79b)
Taxrate = 44.79% (27.1m / 60.5m)
NOPAT = 215.4m (EBIT 390.2m * (1 - 44.79%))
Current Ratio = 1.38 (Total Current Assets 2.70b / Total Current Liabilities 1.96b)
Debt / Equity = 2.87 (Debt 4.79b / totalStockholderEquity, last quarter 1.67b)
Debt / EBITDA = 4.24 (Net Debt 3.28b / EBITDA 772.4m)
Debt / FCF = 6.56 (Net Debt 3.28b / FCF TTM 499.4m)
Total Stockholder Equity = 1.22b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.78% (Net Income 194.8m / Total Assets 8.99b)
RoE = 15.99% (Net Income TTM 194.8m / Total Stockholder Equity 1.22b)
RoCE = 7.45% (EBIT 390.2m / Capital Employed (Equity 1.22b + L.T.Debt 4.02b))
RoIC = 5.05% (NOPAT 215.4m / Invested Capital 4.27b)
WACC = 5.96% (E(5.55b)/V(10.34b) * Re(10.66%) + D(4.79b)/V(10.34b) * Rd(0.90%) * (1-Tc(0.45)))
Discount Rate = 10.66% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 5.28%
[DCF Debug] Terminal Value 88.23% ; FCFF base≈500.0m ; Y1≈616.8m ; Y5≈1.05b
Fair Price DCF = 395.8 (EV 30.02b - Net Debt 3.28b = Equity 26.74b / Shares 67.6m; r=5.96% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 36.48 | EPS CAGR: -27.52% | SUE: -4.0 | # QB: 0
Revenue Correlation: 97.75 | Revenue CAGR: 33.40% | SUE: -0.09 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.17 | Chg30d=+0.001 | Revisions Net=-1 | Analysts=18
EPS next Year (2026-12-31): EPS=6.63 | Chg30d=-0.021 | Revisions Net=-3 | Growth EPS=+26.8% | Growth Revenue=+24.7%

Additional Sources for FOUR Stock

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