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Nayax Ltd. (NYAX) stock

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NASDAQ: NYAX Nasdaq Systems Software Next results ~November 11, 2026

C Fundamentals grade

Nayax Ltd. is a US-listed company in the systems software industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$25

Cash-flow model

Base case. Range ~$19–$32 across our lower- and higher-growth cases (15%–25% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 50% below it.

Price used: $48.56, November 2, 2026

Nayax Ltd. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders2 buying, 11 selling19 purchases and 57 sales by directors and officers, last 12 monthsInsider trades
  • Funds28 adding, 21 cuttingOf 6 active managers that changed their stake, 2 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Nayax files

Where Nayax stands after its latest Filing

Revenue for the twelve months was $400m, up 27.5% on a year earlier, slower than the 33.3% growth a quarter earlier. Free-cash-flow margin rose to 8.7% from -13.0% a year earlier. Operating margin widened to 9.4% from -18.9%. The diluted share count is up 5.3% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 4 of our 6 financial-health checks. Our cash-flow model value is $24.51 a share, against a share price of $48.01.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 11, 2026 (estimated)

Nayax Ltd.'s trailing-twelve-month revenue grew 27.5% year on year, with a free-cash-flow margin of 8.7%. Where it stands out: stock pay as % of revenue of 1.8% ranks 7 of 36 systems software companies we cover. Where it lags: long-term debt as % of assets of 36.8% ranks 20 of 23 systems software companies we cover.

Our discounted-cash-flow model values the business at ~$25 per share in the base case (~$19–$32 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Balance sheet growing far ahead of sales: Total assets grew 97% year over year while revenue grew 28% — the balance sheet is expanding 69 points faster than the business it supports.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 27.5% over the last 12 months, against a median of 16.9% for systems software companies we cover.
  • Margins widening. Operating margin is up 8.4 points on a year ago.

Things to watch

  • Priced above our value. The share price of $48.56 is 50% above our value per share of $25.
  • Growth slowing. The growth rate is 5.8 points lower than a quarter earlier.
  • Share dilution. Diluted shares rose 5.3% in a year.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 36.8% ranks 20 of 23 systems software companies we cover (median 4.3%).
  • Below peers: days sales outstanding. Days sales outstanding of 95 days ranks 22 of 29 systems software companies we cover (median 72 days).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results

Earnings per share
$0.16 against an average estimate of $0.13: beat by 28.1%
Next report
November 11, 2026; average EPS estimate $0.28

Nayax's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.1%
  • 1 week-3.7%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$400M
Operating margin
9.4%
Net margin
8.9%
EPS (TTM, diluted)
$0.94

Growth

Revenue growth
+27.5%
Change in growth rate
−5.8 pts
Share count change
+5.3%

Cash

Free cash flow (TTM)
$35M
FCF margin
8.7%
Stock pay % of revenue
1.8%

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Insider trade
  2. Insider trade
  3. Insider trade
  4. Insider trade

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Nayax Ltd. valuation models and calculator

What the price is pricing in

The share price implies about 33.2% a year of cash-flow growth for five years.That is slower than the 38.4% a year revenue growth Nayax has delivered.

Read with care: free cash flow has swung sharply in the past year (often a one-off tax, legal or working-capital item), so the cash-flow base behind this reading may be unusually low or high.

  • Priced in33.2%
  • Last 12 months27.5%
  • 3 years a year32.1%
  • 5 years a year38.4%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($48.64, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$25
Price used
$48.64close November 3, 2026
Implied change
▼ 50%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Nayax Ltd.'s free cash flow after stock-based pay with after-tax interest added back ($20.2M, FY2025 Q4 TTM), growing 20% a year for five years and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$19–~$32 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Nayax Ltd.'s free cash flow after stock-based pay ( $20.2M, FY2025 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Nayax Ltd. as an operating company, with every model that fits that kind of business. Cost of equity 10.4%: the 10-year Treasury yield (4.9%) plus a beta of 1.2 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$25 ~$19–$32 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$12 ~$9.6–$19 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$20 ~$12–$25 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Nayax Ltd. with Systems Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −24%
  • Revenue growth 5 points higher ▲ +30%
  • Free-cash-flow margin 1 point lower ▼ −11%
  • Last year's free-cash-flow margin change, if it persists ▼ −31%
  • Discount rate 1 point higher ▼ −16%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $8$11$14$19$26$34
8.5% $6$8$11$14$19$25
10% $5$7$9$11$15$19

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 11, 2026, after the close. Analysts expect revenue of $134m and EPS of $0.28 (range $0.23 to $0.33) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.75 +8% $542m +35%
Next — — $709m +31%

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −29.3% on 90 days ago. In the last 30 days, 1 analyst raised Nayax Ltd.'s forecast and 0 cut it.

Consensus EPS forecast Nayax Ltd., last 90 days
$0.60 $0.70 $0.80 $0.90 $1.00 $1.10 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.06 Current fiscal year, 60 days ago: $0.68 Current fiscal year, 30 days ago: $0.68 Current fiscal year, 7 days ago: $0.68 Current fiscal year, Now: $0.75 $0.75

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal year
90 days ago $1.06
60 days ago $0.68
30 days ago $0.68
7 days ago $0.68
Now $0.75

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.13 $0.16 +28.1%
Mar 2026 $0.13 $0.04 −70.6%
Dec 2025 $0.25 $0.37 +48.3%
Sept 2025 $0.23 $0.11 −51.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

6 analysts, Nov 2026
Buy583%
Hold117%
Sell00%

Monthly trend

  1. Nov 20261416
  2. Oct 20261315
  3. Sep 20261315

Counts of recommendations published by analysts covering Nayax Ltd., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
0.7%
of tradable shares
Days to cover
6.04
at average volume
Short interest, 1 month
+168%
to October 15, 2026
Held by institutions
30%
of shares
Held by insiders
59.0%
of shares
Employees
1,200
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Nayax Ltd. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Nayax Ltd.
$0 $200M $400M $600M FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Revenue (TTM), FY20 Q4: $78.8M Revenue (TTM), FY21 Q4: $119.1M Revenue (TTM), FY22 Q4: $173.5M Revenue (TTM), FY23 Q4: $235.5M Revenue (TTM), FY24 Q4: $314M Revenue (TTM), FY25 Q4: $400.4M $400.4M

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue (TTM)
FY20 Q4 $78.8M
FY21 Q4 $119.1M
FY22 Q4 $173.5M
FY23 Q4 $235.5M
FY24 Q4 $314M
FY25 Q4 $400.4M
Revenue growth, TTM YoY Nayax Ltd.
20% 30% 40% 50% 60% FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Revenue growth, TTM YoY, FY21 Q4: 51.2% Revenue growth, TTM YoY, FY22 Q4: 45.6% Revenue growth, TTM YoY, FY23 Q4: 35.7% Revenue growth, TTM YoY, FY24 Q4: 33.3% Revenue growth, TTM YoY, FY25 Q4: 27.5% 27.5%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue growth, TTM YoY
FY21 Q4 51.2%
FY22 Q4 45.6%
FY23 Q4 35.7%
FY24 Q4 33.3%
FY25 Q4 27.5%
Operating margin (TTM) Nayax Ltd.
-20% -10% 0% 10% FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 Operating margin (TTM), FY20 Q4: -2.8% Operating margin (TTM), FY21 Q4: -18.9% Operating margin (TTM), FY22 Q4: -19.6% Operating margin (TTM), FY23 Q4: -5.3% Operating margin (TTM), FY24 Q4: 1.0% Operating margin (TTM), FY25 Q4: 9.4% 9.4%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Operating margin (TTM)
FY20 Q4 -2.8%
FY21 Q4 -18.9%
FY22 Q4 -19.6%
FY23 Q4 -5.3%
FY24 Q4 1.0%
FY25 Q4 9.4%
FCF margin (TTM) Nayax Ltd.
-20% -10% 0% 10% 20% FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q4 FY25 Q4 FCF margin (TTM), FY20 Q4: 5.5% FCF margin (TTM), FY21 Q4: -13.0% FCF margin (TTM), FY22 Q4: -16.8% FCF margin (TTM), FY23 Q4: 3.5% FCF margin (TTM), FY24 Q4: 12.7% FCF margin (TTM), FY25 Q4: 8.7% 8.7%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period FCF margin (TTM)
FY20 Q4 5.5%
FY21 Q4 -13.0%
FY22 Q4 -16.8%
FY23 Q4 3.5%
FY24 Q4 12.7%
FY25 Q4 8.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F, 20-F/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Nayax took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $400M
  2. Cost of revenue $207M · 51.8%
  3. Gross profit $193M · 48.2%
  4. Research and development $30M · 7.5%
  5. Other operating costs $125M · 31.3%
  6. Operating income $37.6M · 9.4%
  7. Interest and other $2M · 0.5%
  8. Net income $35.5M · 8.9%

Shares of revenue. Source: Nayax's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 79 119 174 235 314 400
Gross profit 37 48 60 88 142 193
EBITDA −1 −20 −31 −8 11 46
Operating income −2 −22 −34 −12 3 38
Net income −6 −25 −38 −16 −6 36
Diluted EPS −$0.25 −$0.82 −$1.14 −$0.48 −$0.16 $0.94
Growth (year on year)
Revenue — +51.2% +45.6% +35.7% +33.3% +27.5%
EBITDA — — — — — +336.5%
Margins
Gross margin 47.2% 40.4% 34.6% 37.5% 45.1% 48.2%
EBITDA margin −0.8% −17.0% −17.7% −3.4% 3.4% 11.5%
Operating margin −2.8% −18.9% −19.6% −5.3% 1.0% 9.4%
Net margin −7.7% −20.8% −21.6% −6.7% −1.8% 8.9%
Free-cash-flow margin 5.5% −13.0% −16.8% 3.5% 12.7% 8.7%
Cash flow
Cash from operations 6 −13 −28 9 43 40
Capital spending 2 3 2 1 3 5
Free cash flow 4 −15 −29 8 40 35
Stock-based pay 3 9 9 6 7 7
Free cash flow after stock pay 1 −24 −38 2 33 28
Balance sheet
Cash 8 87 34 38 83 320
Total debt 0 0 8 47 25 314
Net debt (negative = net cash) −8 −87 −26 9 −58 −5
Diluted shares 5m 4m 4m 33m 36m 38m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 6 checks passed · December 31, 2025
What it owns · $853m
Short-term assets $620mLonger-term assets $232m
What it owes, and who funded it · $853m
Short-term liabilities $274mLonger-term liabilities $347mShareholders' equity $231m
  • Short-term assets cover short-term liabilities $620m of assets due within a year against $274m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $620m short-term assets against $347m of longer-dated liabilities.
  • More cash than debt $320m of cash against $314m of debt.
  • Debt below 40% of shareholders' equity Debt is 136% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $40m of operating cash flow against $314m of debt.
  • Operating profit covers interest at least five times over No material interest expense reported.

From Nayax Ltd.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+5.3%
year over year
R&D spending
7.5%
of revenue
Days sales outstanding
95 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in systems software
Last 12 months unless stated NYAX CINT RDWR BB SANG TENB Median
Revenue, last 12 months $400m $490m $302m $614m $200m $1.0bn $1.1bn
Revenue growth, last 12 months 27.5% 11.5% 9.8% 14.4% −15.5% 9.9% 16.9%
Revenue growth, 3-year average — — 16.1% −4.1% — 12.0% 16.1%
Revenue growth, latest quarter — — — 26.0% — 8.6% 19.6%
Gross margin 48.2% 32.0% 80.7% 77.9% 70.3% 78.1% 69.6%
Operating margin 9.4% 13.4% 3.8% 13.6% — 3.6% 3.7%
Operating margin, 3-year average — — 2.3% 5.7% — −0.9% 4.0%
Net margin 8.9% 8.3% 6.7% 13.1% −40.5% 0.6% 2.4%
Cash from operations / revenue 10.1% 12.4% 16.6% 16.0% 11.8% 25.8% 16.6%
Free-cash-flow margin 8.7% 8.5% 13.8% 15.0% 11.0% 25.3% 15.0%
Free-cash-flow margin, 3-year average — — 16.1% 1.9% — 23.6% 18.8%
Stock pay / revenue 1.8% 1.0% 8.0% 4.2% 1.2% 17.2% 8.2%
Change in share count 5.3% −2.7% 3.1% 2.2% −0.8% −1.9% 2.7%

Median of all 37 companies we cover in systems software. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

37 systems software companies
Measure Company Peer median Rank
Revenue growth Growth 27.5% 16.9% 10 of 37
Change in growth rate Growth -5.8pp -0.3pp 32 of 37
Gross margin Profitability 48.2% 70.4% 24 of 32
Operating margin Profitability 9.4% 3.8% 12 of 34
Net margin Profitability 8.9% 2.4% 14 of 37
Free-cash-flow margin Cash generation 8.7% 17.3% 23 of 34
Stock pay as % of revenue Cash generation 1.8% 8.5% 7 of 36
Long-term debt as % of assets Balance sheet 36.8% 4.3% 20 of 23
Change in share count Balance sheet 5.3% 3.1% 22 of 34
Days sales outstanding Balance sheet 95 days 72 days 22 of 29

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$379M
Institutions reporting
60
Shares held vs prior quarter
▲ 15.6%
Positions opened / closed
13 / 6

Top buyers and sellers, Q2 2026: 28 institutions bought and 21 sold ; the biggest buyer was Phoenix Financial Ltd (+465K shares) and the biggest seller Swedbank AB (−65K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Y.D. More Investments Ltd $58.9M 906K 15.6% ▲ 4.8%
Capital World Investors $45.3M 696K 12.0% ▼ 2.7%
Altravue Capital, LLC $45.2M 690K 11.9% ▲ 25.6%
Phoenix Financial Ltd. $30.5M 465K 8.0% New
Harel Insurance Investments & Financial Services Ltd. $29.8M 455K 7.9% ▲ 19.6%
Vanguard Capital Management LLC $28.8M 444K 7.6% ▲ 8.2%
Clal Insurance Enterprises Holdings Ltd $25.2M 385K 6.6% 0.0%
Migdal Insurance & Financial Holdings Ltd. $19.7M 300K 5.2% 0.0%
Assenagon Asset Management S.A. $18M 277K 4.8% ▲ 2.2%
Swedbank AB $14.4M 220K 3.8% ▼ 22.8%
Franklin Resources Inc $11.5M 178K 3.0% 0.0%
Vanguard Fiduciary Trust Co $8.8M 135K 2.3% ▲ 6.4%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Nayax Ltd.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $9.1M 19 trades by 2 insiders, last 12 months Insider sales History → $6.1M 57 trades by 11 insiders · 0% under pre-set plans
Net ▲ $3M net buying
Insider Date Trade Shares Price Value
Nechmad Yair CEO, Co Founder & Chairman September 30, 2026 Buy 18,305 $48.56 $888,935
Nechmad Yair CEO, Co Founder & Chairman September 30, 2026 Buy 16,227 $47.89 $777,100
Nechmad Yair CEO, Co Founder & Chairman September 30, 2026 Buy 9,616 $46.39 $446,048
Nechmad Yair CEO, Co Founder & Chairman September 29, 2026 Buy 1,000 $45.49 $45,490
Nechmad Yair CEO, Co Founder & Chairman September 29, 2026 Buy 2,789 $44.51 $124,138
Nechmad Yair CEO, Co Founder & Chairman September 29, 2026 Buy 19,000 $44.80 $851,200
Greenberg Aaron Samuel CSO September 28, 2026 Sell 54 $44.63 $2,410
Furman Carly Lisanne CEO NAYX North America September 28, 2026 Sell 219 $45.01 $9,857
Zafrani Eden CHRO September 28, 2026 Sell 200 $44.63 $8,926
Sever Michal CMO September 28, 2026 Sell 35 $44.63 $1,562
Tepper Oren CRO September 28, 2026 Sell 131 $44.63 $5,847
Manor Sagit CFO September 28, 2026 Sell 293 $44.80 $13,126

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Nayax Ltd. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Nayax Ltd. in brief

What does Nayax Ltd. do?
Nayax Ltd. is a US-listed company in the systems software industry. Its financial year ends in December.
What is Nayax Ltd.'s stock ticker?
Nayax Ltd. trades under the ticker NYAX on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Nayax Ltd.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Nayax Ltd. reported revenue of $400M, 27.5% higher than a year earlier, according to its SEC filings.
What is Nayax Ltd.'s free cash flow?
Nayax Ltd.'s free-cash-flow margin is 8.7% of revenue over the trailing twelve months, ranking 23 of the 34 systems software companies we cover.
What is Nayax Ltd.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Nayax Ltd.'s free cash flow after stock-based pay gives ~$25 per share in the base case, and ~$19–$32 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Nayax Ltd.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Y.D. More Investments Ltd, Capital World Investors and Altravue Capital, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
How much debt does Nayax Ltd. have?
Nayax Ltd.'s debt-to-equity ratio is 135.9%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Nayax Ltd.'s competitors?
In our Systems Software peer group, the companies closest to Nayax Ltd. are CI&T Inc, Radware LTD, Blackberry Ltd, Sangoma Technologies Corp and Tenable Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Nayax Ltd.'s.
Are insiders buying or selling Nayax Ltd. stock?
Over the last 12 months, Nayax Ltd.'s directors and officers reported 19 open-market purchases and 57 sales on Form 4. The insider trading page charts every trade.
When is Nayax Ltd.'s next earnings date?
Around November 11, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Nayax Ltd. announces its own schedule.