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16.48 (1y: -50%)
Market Cap 1.75 B P/E(ttm) 106.40
Enterprise Value 2.53 B P/B 1.30
PAY- NYSE (USA)
VeriFone Systems, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$16.48
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.347
PAY's Cash to Debt is ranked lower than
56% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 1.22 vs. PAY: 0.347 )
PAY' s 10-Year Cash to Debt Range
Min: 0.05   Max: No Debt
Current: 0.35
Equity to Asset 0.375
PAY's Equity to Asset is ranked lower than
58% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 0.52 vs. PAY: 0.375 )
PAY' s 10-Year Equity to Asset Range
Min: -0.55   Max: 0.52
Current: 0.38
-0.55
0.52
Interest Coverage 2.5
PAY's Interest Coverage is ranked higher than
51% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 9.50 vs. PAY: 2.5 )
PAY' s 10-Year Interest Coverage Range
Min: 1   Max: No Debt
Current: 2.5
F-Score: 6
Z-Score: 1.08
M-Score: -3.06
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 7.90
PAY's Operating margin (%) is ranked higher than
73% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 5.60 vs. PAY: 7.90 )
PAY' s 10-Year Operating margin (%) Range
Min: -34.3   Max: 18.6
Current: 7.9
-34.3
18.6
Net-margin (%) 3.5
PAY's Net-margin (%) is ranked higher than
62% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 3.50 vs. PAY: 3.5 )
PAY' s 10-Year Net-margin (%) Range
Min: -46.1   Max: 21.7
Current: 3.5
-46.1
21.7
ROE (%) 5
PAY's ROE (%) is ranked higher than
61% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 5.50 vs. PAY: 5 )
PAY' s 10-Year ROE (%) Range
Min: -430.1   Max: 125.3
Current: 5
-430.1
125.3
ROA (%) 1.9
PAY's ROA (%) is ranked higher than
54% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 3.00 vs. PAY: 1.9 )
PAY' s 10-Year ROA (%) Range
Min: -50   Max: 13.1
Current: 1.9
-50
13.1
ROC (Joel Greenblatt) (%) 47.20
PAY's ROC (Joel Greenblatt) (%) is ranked higher than
94% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 10.80 vs. PAY: 47.20 )
PAY' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -160.7   Max: 177.2
Current: 47.2
-160.7
177.2
Revenue Growth (%) 14
PAY's Revenue Growth (%) is ranked higher than
94% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 0.00 vs. PAY: 14 )
PAY' s 10-Year Revenue Growth (%) Range
Min: -34.9   Max: 14
Current: 14
-34.9
14
» PAY's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

PAY Guru Trades in Q2 2012

Ken Fisher 376,550 sh (New)
Paul Tudor Jones 26,900 sh (+313.85%)
Steven Cohen 98,742 sh (+209.54%)
Michael Price 185,000 sh (+51.02%)
Meridian Funds 796,685 sh (+40.59%)
Pioneer Investments 1,309,317 sh (+19.58%)
RS Investment Management 358,119 sh (+12.3%)
Bruce Kovner Sold Out
» More
Q3 2012

PAY Guru Trades in Q3 2012

Jeremy Grantham 7,400 sh (New)
Steven Cohen 204,846 sh (+107.46%)
Ken Fisher 413,075 sh (+9.7%)
Paul Tudor Jones 28,400 sh (+5.58%)
Michael Price 185,000 sh (unchged)
Meridian Funds Sold Out
RS Investment Management Sold Out
Pioneer Investments 989,719 sh (-24.41%)
» More
Q4 2012

PAY Guru Trades in Q4 2012

Leon Cooperman 1,258,273 sh (New)
Manning & Napier Advisors, Inc 6,434,690 sh (New)
Joel Greenblatt 27,412 sh (New)
Ken Fisher Sold Out
Pioneer Investments Sold Out
Michael Price Sold Out
Paul Tudor Jones 12,700 sh (-55.28%)
Steven Cohen 75,635 sh (-63.08%)
» More
Q1 2013

PAY Guru Trades in Q1 2013

Jim Simons 1,050,319 sh (New)
Richard Snow 1,644,775 sh (New)
Steven Cohen 301,058 sh (+298.04%)
Manning & Napier Advisors, Inc 8,855,959 sh (+37.63%)
Paul Singer 700,000 sh (unchged)
Leon Cooperman Sold Out
Joel Greenblatt Sold Out
Paul Tudor Jones 11,500 sh (-9.45%)
» More
» Details

Insider Trades

Latest Guru Trades with PAY

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Leon Cooperman 2013-03-31 Sold Out 0.69%$18.24 - $35.94 $ 16.48-40%0
Joel Greenblatt 2013-03-31 Sold Out 0.05%$18.24 - $35.94 $ 16.48-40%0
Michael Price 2012-12-31 Sold Out 0.76%$27.86 - $33.41 $ 16.48-46%0
Leon Cooperman 2012-12-31 New Buy0.69%$27.86 - $33.41 $ 16.48-46%1258273
Joel Greenblatt 2012-12-31 New Buy0.05%$27.86 - $33.41 $ 16.48-46%27412
Meridian Funds 2012-09-30 Sold Out 0.88%$27.84 - $38.8 $ 16.48-51%0
Michael Price 2012-06-30 Add 51.02%0.3%$30.33 - $54.84 $ 16.48-62%185000
Meridian Funds 2012-06-30 Add 40.59%0.25%$30.33 - $54.84 $ 16.48-62%796685
Michael Price 2012-03-31 Reduce -59.84%1.08%$36.46 - $52.06 $ 16.48-61%122500
Meridian Funds 2012-03-31 New Buy0.87%$36.46 - $52.06 $ 16.48-61%566665
Michael Price 2011-09-30 Add 18.52%0.31%$31.66 - $45.87 $ 16.48-57%320000
Jean-Marie Eveillard 2011-09-30 Sold Out 0.0224%$31.66 - $45.87 $ 16.48-57%0
George Soros 2011-09-30 Sold Out 0.0053%$31.66 - $45.87 $ 16.48-57%0
Michael Price 2011-06-30 Add 8%0.13%$39.78 - $55.77 $ 16.48-66%270000
George Soros 2011-06-30 Reduce -93.77%0.11%$39.78 - $55.77 $ 16.48-66%8500
Jean-Marie Eveillard 2011-06-30 New Buy0.02%$39.78 - $55.77 $ 16.48-66%109300
George Soros 2011-03-31 New Buy0.09%$38.56 - $56.84 $ 16.48-64%136393
Michael Price 2010-12-31 Add 400%1.3%$27.4 - $41.27 $ 16.48-52%250000
Michael Price 2010-09-30 New Buy0.32%$18.43 - $29.5 $ 16.48-30%50000
Premium More recent guru trades are included for Premium Members only!!
» Financial Charts

Peter Lynch Chart

Top Ranked Articles about VeriFone Systems, Inc.

Weekly Guru Bargains Highlights: PAY, LQDT, HMY, AU, TFM, AEM
April 1, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. [b] Read more...
Weekly Guru Bargains Highlights: AU, PAY, BVN, ABX, TFM
March 25, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. Read more...
Manning & Napier Advisors Buys VeriFone Systems Inc.
January 23, 2013
Jeremy Grantham,Ken Fisher - Manning & Napier Advisors Buys VeriFone Systems Inc.
Among 19 other transactions reported by the firm on Dec. 31, New-York based investment manager, Manning & Napier Advisors (MN) has declared a stake in electronic payment solutions provider, VeriFone Systems Inc. (PAY), according to GuruFocus Real Time Picks Read more...
Weekly CEO Buys Highlight: PAY, DECK, PBY, HNRG, MCHX
July 14, 2012
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 107.70
PAY's P/E(ttm) is ranked lower than
71% of the 1432 Companies
in the Global Business Equipment industry.

( Industry Median: 18.50 vs. PAY: 107.70 )
PAY' s 10-Year P/E(ttm) Range
Min: 12.81   Max: 151.23
Current: 107.7
12.81
151.23
P/B 1.30
PAY's P/B is ranked higher than
59% of the 1684 Companies
in the Global Business Equipment industry.

( Industry Median: 1.30 vs. PAY: 1.30 )
PAY' s 10-Year P/B Range
Min: 1.3   Max: 66.93
Current: 1.3
1.3
66.93
P/S 1.00
PAY's P/S is ranked higher than
56% of the 1742 Companies
in the Global Business Equipment industry.

( Industry Median: 0.85 vs. PAY: 1.00 )
PAY' s 10-Year P/S Range
Min: 0.32   Max: 4.55
Current: 1
0.32
4.55
PFCF 8.80
PAY's PFCF is ranked higher than
81% of the 1191 Companies
in the Global Business Equipment industry.

( Industry Median: 17.44 vs. PAY: 8.80 )
PAY' s 10-Year PFCF Range
Min: 5.88   Max: 229.69
Current: 8.8
5.88
229.69
EV-to-EBIT 47.6
PAY's EV-to-EBIT is ranked lower than
66% of the 1407 Companies
in the Global Business Equipment industry.

( Industry Median: 12.87 vs. PAY: 47.6 )
PAY' s 10-Year EV-to-EBIT Range
Min: 16.3   Max: 153
Current: 47.6
16.3
153

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 5
PAY's Price/Net Current Asset Value is ranked higher than
60% of the 1512 Companies
in the Global Business Equipment industry.

( Industry Median: 4.70 vs. PAY: 5 )
PAY' s 10-Year Price/Net Current Asset Value Range
Min: 4.6   Max: 21.4
Current: 5
4.6
21.4
Price/DCF (Projected) 0.7
PAY's Price/DCF (Projected) is ranked higher than
84% of the 544 Companies
in the Global Business Equipment industry.

( Industry Median: 1.20 vs. PAY: 0.7 )
PAY' s 10-Year Price/DCF (Projected) Range
Min: 1.4   Max: 3.5
Current: 0.7
1.4
3.5
Price/Median PS Value 0.4
PAY's Price/Median PS Value is ranked higher than
97% of the 1599 Companies
in the Global Business Equipment industry.

( Industry Median: 1.00 vs. PAY: 0.4 )
PAY' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.9
Current: 0.4
0.4
1.9
Earnings Yield (Greenblatt) 2.10
PAY's Earnings Yield (Greenblatt) is ranked lower than
51% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 5.90 vs. PAY: 2.10 )
PAY' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.7   Max: 6.2
Current: 2.1
0.7
6.2
Forward Rate of Return (Yacktman) 6.34
PAY's Forward Rate of Return (Yacktman) is ranked higher than
90% of the 1849 Companies
in the Global Business Equipment industry.

( Industry Median: 0.00 vs. PAY: 6.34 )
PAY' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 1.5   Max: 7.6
Current: 6.34
1.5
7.6

Business Description

VeriFone Systems, Inc. formerly known as VeriFone Holdings Inc was incorporated in the state of Delaware on June 13, 2002 in order to acquire VeriFone, Inc. on July 1, 2002. The Company is a provider of secure electronic payment solutions and services. The Company designs, markets, and services electronic payment solutions that enable secure electronic payments among consumers, merchants, and financial institutions. It provides expertise, solutions, and services that add value to the point of sale with merchant-operated, consumer-facing, and self-service payment systems for the financial, retail, hospitality, petroleum, transportation, government, and healthcare vertical markets. The Company's system solutions consist of point of sale electronic payment devices that run its proprietary and third-party operating systems, security and encryption software, and certified payment software as well as other third-party value-added applications. It designs its system solutions to meet the demanding requirements of its direct and indirect customers. The Company operates in two business segments: North America and International. North America, consisting of the United States and Canada, and International, consisting of all other countries in which the Company makes sales outside of the United States and Canada. The Company competes globally with suppliers, manufacturers, or distributors of electronic payment systems and services as well as suppliers of cash registers that provide built-in electronic payment capabilities and producers of software that facilitates electronic payments over the internet. Its main competitors in these markets for POS terminals and services include Ingenico S.A., First Data Corporation, Heartland Payment Systems, Pax Technology, Ltd., SZZT Electronics Co. Ltd., Equinox Payments, CyberNet Inc., and Spire Payments Ltd. It also competes with Gilbarco, Inc., International Business Machines Corporation, MICROS Systems, Inc., and NCR Corporation.
Company Website
SEC Reports
Industry: Business Equipment
Compare:CAJ, XRX, RICOY, KNCAY, BRTHY
Traded in other countries:VF2.Germany
» More Articles for PAY

Headlines

Articles On GuruFocus.com
Weekly Guru Bargains Highlights: GG, ABX, GFI, PAY, TFM Apr 14 2013 
Weekly Guru Bargain Highlights: TFM, ABX, AU, PAY, GG Apr 07 2013 
Weekly Guru Bargains Highlights: PAY, LQDT, HMY, AU, TFM, AEM Apr 01 2013 
Weekly Guru Bargains Highlights: AU, PAY, BVN, ABX, TFM Mar 25 2013 
Weekly Guru Bargains Highlights: GOLD, AEM, NEM, TFM, PAY Mar 10 2013 
Weekly Guru Bargains Highlights: FTE, VVUS, PAY, TIBX, VMW Feb 24 2013 
Wal-Mart (WMT) Continues to Roll and VeriFone Drops 30% in Early Trading Feb 21 2013 
comment on PAY Feb 03 2013 
comment on PAY Feb 03 2013 
Manning & Napier Advisors Buys VeriFone Systems Inc. Jan 23 2013 

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