Is Euronet Worldwide, Inc. overvalued or undervalued?

As of 18 June 2025, the valuation grade for Euronet Worldwide, Inc. has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, with a P/E ratio of 19, which is lower than the industry average P/E of approximately 32.65 for GoDaddy, Inc. and 100.77 for Tyler Technologies, Inc. Additionally, Euronet's EV to EBITDA stands at 9.56, which is more favorable compared to GoDaddy's 25.60, further supporting the undervaluation thesis.
Notable ratios include a robust ROCE of 35.48% and an ROE of 24.16%, showcasing strong profitability metrics. The PEG ratio of 1.26 also suggests that the stock is reasonably priced relative to its growth rate. Despite recent stock performance lagging behind the S&P 500, with a 1-year return of -8.95% compared to the index's 10.26%, the underlying financial metrics indicate that Euronet Worldwide, Inc. presents a compelling investment opportunity at its current valuation.