Qiwi PLC operates electronic online payment systems primarily in Russia, Kazakhstan, Moldova, Belarus, Romania, the United States, and the United Arab Emirates. The company was founded in 2007 and is based in Nicosia, Cyprus.
QIWI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Qiwi. To summarize, we found that Qiwi ranked in the 97th percentile in terms of potential gain offered. Our DCF analysis implies the stock could yield a return of 11920.83% if fairly valued; such returns are always unlikely, though, so further investigation is likely warranted. As for the metrics that stood out in our discounted cash flow analysis of Qiwi, consider:
As a business, QIWI is generating more cash flow than 96.28% of positive cash flow stocks in the Financial Services.
The business' balance sheet suggests that 4% of the company's capital is sourced from debt; this is greater than just 13.31% of the free cash flow producing stocks we're observing.
QIWI's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 45.66% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as QIWI, try COHN, JRVR, VCTR, ESGR, and NMIH.
Introduction Over the last few years, Qiwi (QIWI) has embarked on an ill-advised diversification effort and launched initiatives in Rocketbank ("neobank") and Sovest (consumer lending) which generated huge losses for unjustifiably minimal revenues. Rocketbank was an interesting concept. It was was mobile-first banking solution, but the go-to-market strategy was not...
Captain Alpha on Seeking Alpha | September 25, 2020
Qiwi plc (QIWI) Q2 2020 Results Conference Call August 19, 2020 08:30 AM ET Company Participants Varvara Kiseleva - Interim CFO Boris Kim - CEO Andrey Protopopov - CEO, Payment Services Conference Call Participants Chris Kennedy - William Blair Vladimir Bespalov - VTB Capital Andrey Mikhailov - Sova Capital Andrey...