NYAX vs TBTC vs GPN Stock Comparison

Nayax, Table Trac and Global Payments Prices as of Oct 29, 2026 Peers: Industry group
NYAX Nayax Ltd.
$50.28 +12.8% 1M +21.2% 1Y
Market cap
$1.78B
P/E
225.8x
Revenue (TTM)
$453.18M
Div. yield
–
Payment Processing Technology
3 wins
TBTC Table Trac Inc
$5.20 -1.1% 1M +9.0% 1Y
Market cap
$25.30M
P/E
9.5x
Revenue (TTM)
$13.33M
Div. yield
–
Restaurant and Retail Software Technology
4 wins
GPN Global Payments Inc
$85.70 +2.8% 1M +8.2% 1Y
Market cap
$25.99B
P/E
–
Revenue (TTM)
$10.23B
Div. yield
0.01%
Payment Processing Technology
4 wins

Head to Head

11 decided of 12

Global Payments leads on 4 of the 12 questions below (Global Payments 4, Table Trac 4, Nayax 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNYAXTBTCGPNLeader
Larger companyMarket capitalisation $1.78B $25.30M $25.99B GPN
Cheaper on earningsLower P/E, profitable companies only 225.8x 9.5x -27.8x TBTC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 122.6x — 6.7x GPN
Faster revenue growthRevenue growth, trailing twelve months +30.0% +15.3% +32.5% GPN
More profitableNet margin, trailing twelve months 1.7% 20.1% -9.1% TBTC
Better return on capitalReturn on invested capital 5.9% — 2.3% NYAX
Less leveragedLower net debt / EBITDA 0.7x — 4.8x NYAX
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months +21.2% +9.0% +8.2% NYAX
Better 5-year returnAnnualised price return, 5 years — +8.1%/yr -9.7%/yr TBTC
Less volatileAnnualised volatility, 1 year 49.6% 59.2% 39.9% GPN
Higher overall scoreMean of the five percentile scores vs peers 52/100 80/100 49/100 TBTC

Percentile Scorecard

NYAXTBTCGPN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNYAXTBTCGPN
Valuation 45 #55 of 99 94 #6 of 89 72 #28 of 99
Growth 75 #24 of 94 60 #33 of 81 26 #70 of 94
Profitability 62 #35 of 90 84 #13 of 76 63 #34 of 90
Financial Health 45 #58 of 105 98 #3 of 93 24 #80 of 105
Shareholder Returns 32 #41 of 60 63 #19 of 50 61 #24 of 60
Overall 52 80 49
  • NYAX ranked among 109 companies in Fintech
  • TBTC ranked among 98 companies in Vertical Software
  • GPN ranked among 109 companies in Fintech

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNYAXTBTCGPNSPY
1 month +12.8%-1.1%+2.8% +0.7%
3 months -24.5%+15.6%-1.3% +3.7%
6 months -28.7%+9.5%+19.1% +7.1%
Year to date -0.6%+23.2%+10.7% +12.8%
1 year +21.2%+9.0%+8.2% +11.9%
3 years +162.3%+23.8%-17.4% +85.2%
3 years, per year +37.9%+7.4%-6.2% +22.8%
5 years —+47.7%-40.1% +67.6%
5 years, per year —+8.1%-9.7% +10.9%
10 years —+285.2%+18.1% +262.0%
10 years, per year —+14.4%+1.7% +13.7%

Risk

MeasureNYAXTBTCGPNSPY
Volatility, 1Y 49.6%59.2%39.9% 12.7%
Downside volatility, 1Y 50.7%74.2%35.6% 12.6%
Beta vs S&P 500, 1Y 0.880.331.01 1.00
Return / volatility, 1Y 0.430.150.21 0.94
Max drawdown, 5Y -49.6%-39.4%-58.8% -25.4%
From 52-week high -33.7%-16.0%-9.6% -1.2%
52-week high $75.81$6.19$94.85 $779.14
52-week low $39.72$3.70$62.47 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNYAXTBTCGPN
P/E now vs peer median 236.2xmedian 19.5x 9.0xmedian 39.2x -24.8xmedian 19.5x
P/S now vs peer median 4.1xmedian 2.2x 1.8xmedian 2.4x 2.2xmedian 2.2x
EV/EBITDA now vs peer median 35.8xmedian 17.8x 5.3xmedian 17.3x 10.9xmedian 17.8x
P/FCF now vs peer median 59.8xmedian 16.1x 20.9xmedian 20.3x 27.7xmedian 16.1x
P/B now vs peer median 7.6xmedian 2.0x 1.7xmedian 1.8x 1.0xmedian 2.0x
PEG now vs peer median 8.88median 0.98 0.44median 1.52 0.54median 0.98

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNYAXTBTCGPN
Revenue $453.18M $13.33M $10.23B
Gross profit $216.61M $9.42M $6.54B
Operating income $24.56M $2.96M $1.27B
Net income $7.87M $2.68M -$873.78M
Free cash flow $31.11M $1.15M $822.72M
R&D $33.69M – –
EPS (diluted) $0.21 $0.57 $-3.46
Cash & equivalents $302.83M $8.15M $5.41B
Total debt $829.59M – $23.56B
Shares (diluted) 37.66M 4.68M 270.12M
Enterprise value $673.25M -$7.47M $3.78B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNYAXTBTCGPN
P/E 236.2x 9.0x -24.8x
P/FCF 59.8x 20.9x 27.7x
P/Operating cash flow 65.5x 20.4x 13.7x
P/S 4.1x 1.8x 2.2x
P/B 7.6x 1.7x 1.0x
P/Tangible book 7.6x 1.7x 5.2x
EV/EBITDA 35.8x 5.3x 10.9x
EV/EBIT 77.3x 5.4x 32.3x
EV/Revenue 4.2x 1.2x 4.0x
EV/FCF 61.0x 13.9x 49.7x
EV/Operating cash flow 66.9x 13.5x 24.7x
PEG (3Y EPS CAGR) 8.88 0.44 0.54

Growth

14 metrics
MetricNYAXTBTCGPN
Revenue growth (1Y) 30.0% 15.3% 32.5%
Revenue CAGR (3Y) 29.9% 10.1% 3.3%
Gross profit growth (1Y) 31.3% 13.2% 14.8%
Gross profit CAGR (3Y) 44.6% 9.6% 5.7%
Operating income growth (1Y) -13.2% 68.1% -33.4%
Operating income CAGR (3Y) 45.5% 20.3% -4.4%
Net income growth (1Y) -62.8% 58.8% -158.6%
Net income CAGR (3Y) 31.9% 21.0% -44.6%
EPS growth (1Y) -64.6% 58.1% -158.9%
EPS CAGR (3Y) 26.6% 20.4% -46.2%
Operating cash flow growth (1Y) -40.7% -45.4% -46.4%
Operating cash flow CAGR (3Y) 68.7% 36.2% -9.1%
Free cash flow growth (1Y) -28.3% -44.2% -66.6%
Free cash flow CAGR (3Y) 65.4% 35.0% -19.7%

Profitability

14 metrics
MetricNYAXTBTCGPN
Gross margin 47.8% 70.6% 63.9%
EBITDA margin 11.7% 22.6% 36.8%
Operating margin 5.4% 22.2% 12.4%
Pretax margin 3.8% 25.4% 5.5%
Net margin 1.7% 20.1% -9.1%
FCF margin 6.9% 8.7% 8.0%
Operating cash flow margin 6.3% 8.9% 16.2%
Return on equity 3.3% 19.5% -3.5%
Return on assets 0.9% 17.1% -1.3%
Return on invested capital 5.9% – 2.3%
Return on capital employed 4.2% 20.0% 2.5%
Asset turnover 0.5x 0.9x 0.2x
Cash conversion (OCF / net income) 3.6x 0.4x -1.9x
Stock comp / revenue 3.9% 0.7% 1.3%

Financial Health

11 metrics
MetricNYAXTBTCGPN
Debt / assets 36.9% – 37.1%
Debt / equity 1.4x – 1.0x
Net debt / EBITDA 0.7x – 4.8x
Debt / FCF 11.0x – 28.6x
Liabilities / assets 73.6% 13.0% 62.6%
Equity / assets 26.4% 87.0% 37.4%
Interest coverage 1.5x – 1.5x
Current ratio 2.1x 16.6x 0.8x
Quick ratio 1.3x 13.6x 0.7x
Cash ratio 0.9x 9.6x 0.4x
Altman Z-score 2.65 10.25 0.61

Shareholder Returns

7 metrics
MetricNYAXTBTCGPN
Dividend yield – 3.5% 1.2%
Net buyback yield -0.3% – 6.9%
Shareholder yield -0.3% 3.5% 8.1%
Payout ratio (earnings) – – -28.8%
Payout ratio (FCF) – – 30.6%
Dividend growth (1Y) – – 1.8%
Dividend CAGR (3Y) – – -1.7%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNYAXTBTCGPN
Forward P/E 122.6xFY2026 – 6.7xFY2026
EPS, next fiscal year $0.41FY2026 – $12.82FY2026
EPS growth, next FY -56.4%FY2026 – +4.9%FY2026
EPS growth, the year after +202.4% – +18.0%
Revenue, next fiscal year $501.80MFY2026 – $12.66BFY2026
Revenue growth, next FY +25.3%FY2026 – +35.9%FY2026
Revenue growth, the year after +33.8% – +8.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNYAXTBTCGPN
Held by institutions 12.9% – 100.0%
Institutions holding 59 – 793
Change in shares held, QoQ -5.2% – +7.4%
Institutions buying 26 – 374
Institutions selling 16 – 308
Buyers to sellers 1.63 – 1.21

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NYAXTBTCGPN
NYAX 1.00 0.02 0.13
TBTC 0.02 1.00 0.10
GPN 0.13 0.10 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NYAX, TBTC and GPN?

Global Payments (GPN) is the largest by market capitalisation: Nayax (NYAX) $1.78B, Table Trac (TBTC) $25.30M, Global Payments (GPN) $25.99B.

Which stock is cheaper, NYAX, TBTC and GPN?

Table Trac (TBTC) trades on the lowest price-to-earnings ratio (Nayax (NYAX) 225.8x, Table Trac (TBTC) 9.5x, Global Payments (GPN) -27.8x). On next year's consensus earnings, Global Payments (GPN) is cheapest (Nayax (NYAX) 122.6x, Global Payments (GPN) 6.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Global Payments (GPN) grew revenue fastest over the trailing twelve months: Nayax (NYAX) +30.0%, Table Trac (TBTC) +15.3%, Global Payments (GPN) +32.5%.

Which company is more profitable?

Table Trac (TBTC) has the highest net margin (Nayax (NYAX) 1.7%, Table Trac (TBTC) 20.1%, Global Payments (GPN) -9.1%). On return on invested capital, Nayax (NYAX) leads (Nayax (NYAX) 5.9%, Global Payments (GPN) 2.3%).

Which stock has performed better?

Over the past year Nayax (NYAX) returned the most: Nayax (NYAX) +21.2%, Table Trac (TBTC) +9.0%, Global Payments (GPN) +8.2%. Over five years, Table Trac (TBTC) compounded fastest (Table Trac (TBTC) +8.1%/yr, Global Payments (GPN) -9.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Nayax (NYAX) 0.00%, Table Trac (TBTC) 0.00%, Global Payments (GPN) 0.01%. Nayax (NYAX) and Table Trac (TBTC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Global Payments (GPN) has been the steadiest (Nayax (NYAX) 49.6%, Table Trac (TBTC) 59.2%, Global Payments (GPN) 39.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NYAX, TBTC and GPN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Global Payments (GPN) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.