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Pine Labs Ltd
NSE:PINELABS

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Pine Labs Ltd
NSE:PINELABS
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Price: 193.71 INR -1.69% Market Closed
Market Cap: ₹222.4B

P/FCFE

-20.9
Current
15%
Cheaper
vs 3-y average of -24.6

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-20.9
=
Market Cap
₹184.4B
/
Free Cash Flow to Equity
₹-10.6B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
-20.9
=
Market Cap
₹184.4B
/
Free Cash Flow to Equity
₹-10.6B

Valuation Scenarios

Pine Labs Ltd is trading above its industry average

If P/FCFE returns to its Industry Average (35.8), the stock would be worth ₹-331.46 (271% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-338%
Maximum Upside
No Upside Scenarios
Average Downside
305%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple -20.9 ₹193.71
0%
Industry Average 35.8 ₹-331.46
-271%
Country Average 49.7 ₹-460.89
-338%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
IN
P
Pine Labs Ltd
NSE:PINELABS
Average P/E: 19
Negative Multiple: -187.7
N/A N/A
US
Block Inc
NYSE:XYZ
33.2
41%
0.8
US
C
Corpay Inc
F:07G0
19.5
29%
0.7
JP
P
PayPay Corp
NASDAQ:PAYP
Not Available N/A N/A
US
C
Chime Financial Inc
NASDAQ:CHYM
Not Available N/A N/A
US
N
NCR Atleos Corp
NYSE:NATL
20.2
52%
0.4
BR
CIELO SA Instituicao de Pagamento
F:28MA
6.1
1%
6.1
BR
Picpay Holdings Netherlands BV
NASDAQ:PICS
Not Available
117%
N/A
AU
C
Cuscal Ltd
ASX:CCL
Not Available
31%
N/A
IN
Avenuesai Ltd
NSE:CCAVENUE
19.2
28%
0.7
UK
C
Cab Payments Holdings PLC
LSE:CABP
15.7
23%
0.7

Market Distribution

Lower than 100% of companies in India
Percentile
0th
Based on 1 683 companies
0th percentile
-20.9
Low
0.6 — 27.4
Typical Range
27.4 — 92
High
92 —
Distribution Statistics
India
Min 0.6
30th Percentile 27.4
Median 49.7
70th Percentile 92
Max 57 010.1

Pine Labs Ltd
Glance View

Market Cap
222.4B INR
Industry
Financial Services

Pine Labs Ltd. provides payment solutions and point-of-sale (PoS) systems to merchants. The company is headquartered in Noida, Uttar Pradesh and currently employs 4,231 full-time employees. The company went IPO on 2025-11-14. The Company’s Digital Infrastructure and Transaction Platform comprises in-store and online payment infrastructure, affordability, value added services (VAS), such as dynamic currency conversion and transaction processing, and financial technology (FinTech) infrastructure solutions and software applications. Its Issuing and Acquiring Platform comprises issuing, processing and distribution of prepaid solutions and engagement solutions, along with its unified issuing and acquirer processing platforms. Through cloud-based software technology, it helps digitize, simplify and make commerce more secure for its ecosystem of merchants, consumer brands and enterprises, and financial institutions, ultimately empowering them to serve consumers and enable consumption.

PINELABS Intrinsic Value
171.17 INR
Overvaluation 12%
Intrinsic Value
Price ₹193.71
P
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