Nayax (TASE:NYAX) Could Be 17% Undervalued After Its Allied Fuel Payments Deal

Nayax stock: partnership news reshapes the fuel payments story

Nayax (TASE:NYAX) just announced a US distribution partnership with Allied Electronics for its Nayax Fuel VPOS Media 5 outdoor payment terminals, tying the fintech directly into Allied’s long-established forecourt controller footprint.

Nayax shares trade at ₪138.7 after a 1-day share price gain of 3.12%. However, the 90-day share price return is down 30.02%, and the 1-year total shareholder return has declined 10.75%, even though the 3-year total shareholder return of 73.27% still reflects substantial longer term momentum.

Scan other payment and fuel infrastructure plays that are moving on similar themes to Nayax through our curated 43 power grid technology and infrastructure stocks for ideas beyond a single stock story.

After a 3.12% bounce on the Allied news, yet a 30.02% decline over 90 days, does Nayax now offer an appealing trade off between fuel driven upside potential and the risks investors are already pricing in?

Most Popular Narrative: 17% Undervalued

On the most followed view of Nayax, a fair value of ₪168.10 sits above the last close of ₪138.7, which places the Allied fuel deal into a broader recurring revenue story rather than a one day bounce.

The accelerating shift from cash to contactless payments globally is driving increased transaction volumes and recurring revenue growth, now representing 74% of revenue and expanding at >30% YoY, as the broader adoption of digital payment infrastructure continues to play out.

See why 2 investors see Nayax as 17% undervalued.

Result: Fair Value of ₪168.10 (UNDERVALUED)

Still, the Nayax story can unravel if rising compliance costs squeeze margins or if heavier spending on M&A and banking projects weakens free cash flow.

Find out about the key risks to this Nayax narrative.

Next Steps

Mixed signals around Nayax do not have to leave you on the fence, so move quickly from headline reaction to your own evidence based view using 2 key rewards and 2 important warning signs.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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