Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Innovative Payment Solutions, Inc. (IPSI), along with its various entities, delivers digital payment solutions and services, with a primary focus on the Mexican market. The company engineers and oversees e-wallet platforms that enable users to convert physical cash into digital currency, which can then be transferred to merchants within its established network. Incorporated in 2013, the firm was previously known as QPAGOS, rebranding to Innovative Payment Solutions, Inc. in November 2019. Its corporate headquarters are located in Carmel-by-the-Sea, California.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is 'cheap' on EV/EBITDA.