Why we don't show a single “fair value” for NYAX
A trailing-FCF DCF can't fairly anchor Nayax Ltd. right now — free cash flow has been negative in recent years. For a company in this position, trailing free cash flow understates what the business actually earns for owners, so any “fair value” built on it would be misleadingly low. Off today's cash-flow base, no plausible growth rate bridges to the current price — the market is valuing normalized future cash flows, not the depressed base. The model scenarios below are shown for reference only.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 15.0%/yr | 8.5% | $6.16 |
| Base case | 18.0%/yr | 7.5% | $7.63 |
| Optimistic | 20.0%/yr | 6.5% | $9.67 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $293.90 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$48.59
Market-Implied Growth
N/A
Base-Case Model Value
$7.63
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for NYAX (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $5.1M · 0.04B shares · net cash $80.3M
Estimated Fair Value
$7.63
-84.3% vs $48.59
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 18.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $48.59; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 5.5% | $9.34 | $10.27 | $11.50 | $13.23 | $15.82 |
| 6.5% | $7.83 | $8.39 | $9.08 | $9.97 | $11.16 |
| 7.5% | $6.83 | $7.19 | $7.63 | $8.17 | $8.83 |
| 8.5% | $6.12 | $6.37 | $6.67 | $7.02 | $7.44 |
| 9.5% | $5.58 | $5.77 | $5.98 | $6.23 | $6.51 |
