(FOUR) Shift4 Payments - Overview
Sector: Technology | Industry: Software - Infrastructure | Exchange: NYSE (USA) | Market Cap: 4.417m USD | Total Return: -59.6% in 12m
Avg Turnover: 61.8M
EPS Trend: 86.4%
Qual. Beats: 0
Rev. Trend: 99.8%
Qual. Beats: 0
Warnings
Altman Z'' 0.66 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
No distinct edge detected
Shift4 Payments Inc. (FOUR) is a global provider of integrated payment processing and technology solutions. The company operates a proprietary ecosystem that facilitates omnichannel card acceptance across credit, debit, mobile wallets, and alternative payment methods. Its technology stack includes the SkyTab point-of-sale (POS) suite, the Lighthouse business intelligence platform, and Shift4Shop, an e-commerce management tool. Shift4 serves diverse sectors including hospitality, leisure, and retail through a distribution network of independent software vendors and internal sales teams.
The company utilizes a merchant-acquiring business model, generating revenue primarily through transaction-based fees and subscription software charges. In the competitive data processing sector, integrated payment providers often achieve higher retention by embedding their hardware and software directly into a merchants operational workflow. This vertical integration allows Shift4 to capture a larger portion of the payment value chain compared to standalone processors.
For a more detailed analysis of the companys competitive positioning and valuation, consider reviewing the latest data on ValueRay. Shift4 continues to scale its international footprint and expand its presence in high-volume venues and stadium environments.
- End-to-end payment volume growth in stadium and entertainment venues
- International expansion into European and African markets through strategic acquisitions
- Profit margin sensitivity to shifts between legacy and high-growth merchant categories
- Integration of SkyTab POS ecosystem increases recurring software and processing revenue
- Interest rate fluctuations impact consumer discretionary spending in hospitality and travel sectors
| Net Income: 102.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -2.04 > 1.0 |
| NWC/Revenue: 8.42% < 20% (prev 14.05%; Δ -5.63% < -1%) |
| CFO/TA 0.08 > 3% & CFO 671.7m > Net Income 102.1m |
| Net Debt (3.41b) to EBITDA (862.4m): 3.96 < 3 |
| Current Ratio: 1.22 > 1.5 & < 3 |
| Outstanding Shares: last quarter (73.6m) vs 12m ago -18.81% < -2% |
| Gross Margin: 35.11% > 18% (prev 30.02%; Δ 5.09% > 0.5%) |
| Asset Turnover: 64.72% > 50% (prev 69.38%; Δ -4.66% > 0%) |
| Interest Coverage Ratio: 1.68 > 6 (EBIT TTM 379.9m / Interest Expense TTM 226.2m) |
| A: 0.04 (Total Current Assets 2.06b - Total Current Liabilities 1.69b) / Total Assets 8.76b |
| B: -0.07 (Retained Earnings -644.0m / Total Assets 8.76b) |
| C: 0.06 (EBIT TTM 379.9m / Avg Total Assets 6.88b) |
| D: 0.24 (Book Value of Equity 1.65b / Total Liabilities 6.98b) |
| Altman-Z'' = 0.66 = B |
| DSRI: 1.64 (Receivables 694.0m/330.6m, Revenue 4.45b/3.47b) |
| GMI: 0.86 (GM 30.02% / 35.11%) |
| AQI: 1.22 (AQ_t 0.75 / AQ_t-1 0.62) |
| SGI: 1.28 (Revenue 4.45b / 3.47b) |
| TATA: -0.07 (NI 102.1m - CFO 671.7m) / TA 8.76b) |
| Beneish M = -2.31 (Cap -4..+1) = BBB |
As of June 06, 2026, the stock is trading at USD 38.08 with a total of 2,393,942 shares traded.
Over the past week, the price has changed by -14.54%,
over one month by -7.05%,
over three months by -22.29% and
over the past year by -59.57%.
Shift4 Payments has received a consensus analysts rating of 4.35. Therefore, it is recommended to buy FOUR.
- StrongBuy: 13
- Buy: 5
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 60.6 | 59.2% |
P/E Trailing = 51.2184
P/E Forward = 7.6982
P/S = 0.9744
P/B = 2.0612
P/EG = 0.3079
Revenue TTM = 4.45b USD
EBIT TTM = 379.9m USD
EBITDA TTM = 862.4m USD
Long Term Debt = 4.51b USD (from longTermDebt, last quarter)
Short Term Debt = 28.0m USD (from shortTermDebt, last quarter)
Debt = 4.64b USD (from shortLongTermDebtTotal, last quarter) + Leases 60.0m
Net Debt = 3.41b USD (calculated: Debt 4.64b - CCE 1.23b)
Enterprise Value = 7.83b USD (4.42b + Debt 4.64b - CCE 1.23b)
Interest Coverage Ratio = 1.68 (Ebit TTM 379.9m / Interest Expense TTM 226.2m)
EV/FCF = 12.07x (Enterprise Value 7.83b / FCF TTM 648.5m)
FCF Yield = 8.28% (FCF TTM 648.5m / Enterprise Value 7.83b)
FCF Margin = 14.56% (FCF TTM 648.5m / Revenue TTM 4.45b)
Net Margin = 2.29% (Net Income TTM 102.1m / Revenue TTM 4.45b)
Gross Margin = 35.11% ((Revenue TTM 4.45b - Cost of Revenue TTM 2.89b) / Revenue TTM)
Gross Margin QoQ = 34.97% (prev 37.85%)
Tobins Q-Ratio = 0.89 (Enterprise Value 7.83b / Total Assets 8.76b)
Interest Expense / Debt = 4.87% (Interest Expense 226.2m / Debt 4.64b)
Taxrate = 18.52% (31.7m / 171.2m)
NOPAT = 309.6m (EBIT 379.9m * (1 - 18.52%))
Current Ratio = 1.22 (Total Current Assets 2.06b / Total Current Liabilities 1.69b)
Debt / Equity = 2.81 (Debt 4.64b / totalStockholderEquity, last quarter 1.65b)
Debt / EBITDA = 3.96 (Net Debt 3.41b / EBITDA 862.4m)
Debt / FCF = 5.26 (Net Debt 3.41b / FCF TTM 648.5m)
Total Stockholder Equity = 1.59b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.48% (Net Income 102.1m / Total Assets 8.76b)
RoE = 6.42% (Net Income TTM 102.1m / Total Stockholder Equity 1.59b)
RoCE = 6.23% (EBIT 379.9m / Capital Employed (Equity 1.59b + L.T.Debt 4.51b))
RoIC = 4.50% (NOPAT 309.6m / Invested Capital 6.88b)
WACC = 7.87% (E(4.42b)/V(9.06b) * Re(11.97%) + D(4.64b)/V(9.06b) * Rd(4.87%) * (1-Tc(0.19)))
Discount Rate = 11.97% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 28.89 | Cagr: 10.31%
[DCF] Terminal Value 77.97% ; FCFF base≈578.1m ; Y1≈662.7m ; Y5≈975.3m
[DCF] Fair Price = 142.0 (EV 14.7b - Net Debt 3.41b = Equity 11.3b / Shares 79.3m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 86.41 | EPS CAGR: 24.59% | SUE: -0.79 | # QB: 0
Revenue Correlation: 99.85 | Revenue CAGR: 27.38% | SUE: 0.78 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.24 | Chg30d=-7.02% | Revisions=-45% | Analysts=21
EPS next Quarter (2026-09-30): EPS=1.63 | Chg30d=+2.70% | Revisions=+40% | Analysts=21
EPS current Year (2026-12-31): EPS=5.59 | Chg30d=+0.37% | Revisions=-5% | GrowthEPS=+8.2% | GrowthRev=+21.9%
EPS next Year (2027-12-31): EPS=6.67 | Chg30d=+0.04% | Revisions=+4% | GrowthEPS=+19.3% | GrowthRev=+13.8%
[Analyst] Revisions Ratio: -45%