Wondering why I never see this company mentioned.
They are a digital payments infrastructure company that builds payment software across the entire financial value chain. They have actually outperformed the S&P 500 since 2000
\- ACIW is up about 650%
\- S&P is up roughly 480%
DCF fair value is around $64. Current price is $51.70.
\- Forward P/E 17.71
\- P/FCF 16.87
\- 34% forward EPS growth implied
\- EPS past 3/5Y: 20.22% / 28.58%
Solid returns on capital, very manageable debt, good liquidity, significant institutional ownership.
ACI also became a principal member of the European Payments Initiative to integrate the European digital payment network into its Payments Orchestration Platform. That plugs it into a broader European push toward payment sovereignty to reduce reliance on Visa/Mastercard which has significant political tailwinds.
Good company all around and trading at about 20% below its fair price.