Head to Head Analysis: Nayax (NASDAQ:NYAX) versus Remitly Global (NASDAQ:RELY)

Nayax (NASDAQ:NYAX) and Remitly Global (NASDAQ:RELY) are both mid-cap business services companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, analyst recommendations, dividends and valuation.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Nayax and Remitly Global, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nayax	1	3	3	0	2.29
Remitly Global	1	1	9	2	2.92

Nayax currently has a consensus price target of $49.00, suggesting a potential downside of 14.77%. Remitly Global has a consensus price target of $23.70, suggesting a potential upside of 81.19%. Given Remitly Global’s stronger consensus rating and higher possible upside, analysts plainly believe Remitly Global is more favorable than Nayax.

Profitability

This table compares Nayax and Remitly Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nayax	6.49%	6.51%	2.17%
Remitly Global	1.36%	3.12%	2.05%

Institutional and Insider Ownership

34.9% of Nayax shares are held by institutional investors. Comparatively, 74.3% of Remitly Global shares are held by institutional investors. 8.1% of Remitly Global shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Nayax and Remitly Global”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nayax	$369.94 million	5.51	-$5.63 million	$0.64	89.83
Remitly Global	$1.26 billion	2.16	-$36.98 million	$0.09	145.33

Nayax has higher earnings, but lower revenue than Remitly Global. Nayax is trading at a lower price-to-earnings ratio than Remitly Global, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Nayax has a beta of 0.14, meaning that its stock price is 86% less volatile than the S&P 500. Comparatively, Remitly Global has a beta of 0.11, meaning that its stock price is 89% less volatile than the S&P 500.

Summary

Remitly Global beats Nayax on 8 of the 15 factors compared between the two stocks.

About Nayax

Nayax Ltd., a fintech company, operates system and payment platform for multiple retailers in the United States, Europe, the United Kingdom, Australia, Israel, and rest of the world. The company offers AMIT 3.0, a machine-to-machine vending telemetry solution; Nayax Core, a management and monitoring software for vending machines and other unattended machines; MoMa, a mobile app for unattended machine; Tigapo back-office software suite, a cloud-based platform; EV Core, a smart, cloud-based management platform; Retail Management Cloud, a comprehensive attended retail management platform; Loyalty and Marketing Suite, a consumer engagement marketing and loyalty platform; Monyx Wallet, a digital wallet app enabling cashless payments with mobile phones; Weezmo, a consumer engagement and marketing platform; and Tigapo app, a proprietary mobile app to help family entertainment center businesses. It provides electric vehicle charging stations; VPOS Touch, a credit card reader cashless payment device; VPOS Fusion, a cashless payment card reader; ONYX, a contactless card reader and telemetry device; NOVA 156, an electronic cash register; DOT, a smart QR and barcode reader; UNO Plus and UNO 8, which are EMV and FeliCa contactless readers; EMV SOM, a PCI-PTS ready contactless EMV reader module; Nova Market, a cashless micro market and self-checkout solution; NOVA 55, an a handheld smart point of sale (POS) device; NOVA 45, a handheld mini smart terminals for attended POS; and Retail One, a universal retail solution that integrates directly with SAP. The company sells its products directly, as well as through resellers and distributors. It serves various verticals, including vending machines, coffee machines, unattended checkout counters, self-service kiosks, ticketing machines, car wash stations, gaming machines, amusement rides, laundromats, and EV charging stations. Nayax Ltd. was incorporated in 2005 and is headquartered in Herzliya, Israel.

About Remitly Global

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 170 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.