Is Payoneer Global, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Payoneer Global, Inc. has moved from attractive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 21, while the EV to EBITDA ratio is 10.05, and the PEG ratio is 1.02, indicating that the stock is priced in line with its growth expectations compared to its peers.
In comparison to its peers, Payoneer’s P/E ratio of 23.13 is higher than Shift4 Payments, Inc. at 14.01, but lower than The Brink's Co. at 22.31. The EV to EBITDA ratio of 10.33 for Payoneer is also competitive against the industry average. However, the company has significantly underperformed compared to the S&P 500, with a year-to-date return of -42.23% versus the index's 13.30%, suggesting that market sentiment may be weighing heavily on its valuation.