Adyen N.V. (ADYEN.AS)

Valuation as at 2026-08-29 · see also the Europe Most Undervalued screen

About Adyen N.V.

Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, and Latin America. Its platform integrates payments stack, including gateway, risk management, processing, acquiring, and settlement services.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

Adyen N.V. ADYEN.AS

Technology · Software - Infrastructure

Price
€1,090.40
Market Cap
€34.42B
Free Cash Flow
€1.13B
Beta
1.86
P/E (TTM)
30.7x
52-Week Range
€772.40–€1,600.80

Adyen N.V.'s price & financial trends

Annual reporting periods — this market does not have reliable quarterly data on Yahoo (either it isn't required, or coverage is incomplete), so annual is the most granular consistent series across free cash flow and dividends.

Data as at 2026-08-29

Share price · last 2 years

€1,079.60 -19% vs 2024-08
STOXX Europe 600 €1,329.00€1,570.00€1,558.40€1,340.60€958.50€1,079.60 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per year

€33.61 +85% vs FY22
€18.17€22.41€29.59€33.61FY22FY23FY24FY25

Free cash flow Per year

€0.90B -53% vs FY22
€1.92B€1.80B€1.60B€0.90BFY22FY23FY24FY25

Dividend per share

No dividend history available.

Value investing scale · Buffett · Dalio · Graham

Strong Fit
13 / 20 combined score

See the full Buffett, Dalio & Graham breakdown for ADYEN.AS →

Intrinsic value estimate · 5-year forecast · Revenue-normalised

BEAR
€748.59
vs current €1,090.40
-31.3% ❌ Overvalued
BASE
€923.24
vs current €1,090.40
-15.3% ⚠️ Fairly Valued
BULL
€1,185.22
vs current €1,090.40
+8.7% ⚠️ Fairly Valued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
€1.13B
Revenue × 43.6% target margin — reported FCF unavailable
Risk-free rate
3.20%
Fixed market seed
Beta
1.86
Floored for non-US stocks
Equity risk premium
5.50%
Market-specific seed
Cost of debt
3.80%
Synthetic rating AAA, ICR 55.6x
Tax rate
25.00%
Estimated default
Capital structure
E 99% / D 1%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth8.0%15.9%23.9%
Terminal growth1.8%1.8%1.8%
WACC (discount rate)14.31%13.31%12.31%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 3.20% + 1.86 × 5.50% = 13.43% · WACC = weighted by 99%/1% capital structure

These numbers come from running Adyen N.V.'s cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or ADYEN.AS's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with ADYEN.AS →

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-29 from Yahoo Finance data, using the same engine as the full DCF tool and the Europe Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is Adyen N.V. (ADYEN.AS) undervalued?

The Base-case DCF estimates intrinsic value at €923.24 vs a price of €1,090.40 on 2026-08-29 — a -15.3% margin, so the Base case reads fairly valued. This is a mechanical output, not advice.