PAYPAL WKN: A14R7U ISIN: US70450Y1038 Kürzel: PYPL Forum: Aktien Thema: Hauptdiskussion

Guten Morgen, das geht ja heute ab 👀

Das Beste was passieren kann.

Ich fürchte Trump wird wieder Präsident. Vielleicht gut für meine Aktien aber das war’s leider auch

"ROUNDUP 5: Trump bei Attentat verletzt - weltweites Entsetzen" https://de.investing.com/news/world-news/roundup-5-trump-bei-attentat-verletzt--weltweites-entsetzen-2658567

Alipay … ja löst bestimmt PP bald ab , Zahlungsverkehr klappt ja super hier damit 😂😂😂

ich versuche es mal so, https://seekingalpha-com.translate.goog/article/4703863-paypal-an-undervalued-profitable-growth-stock?mailingid=36050918&messageid=must_reads&serial=36050918.2209580&source=email_must_reads&utm_campaign=Must%2BReads%2Brecurring%2B2024-07-13&utm_content=seeking_alpha&utm_medium=email&utm_source=seeking_alpha&utm_term=must_reads&_x_tr_sl=auto&_x_tr_tl=de&_x_tr_hl=de&_x_tr_hist=true

https://www.deepl.com/de/translator

PayPal wird von alipay abgelöst

Toll Aljosha...hasse dat ganze auch auf chinesisch oder serbokroatisch...👍😎

This article was written by Kevin Anthony D. Arroyo As a value investor concentrating on companies with long-term growth potential at a reasonable price, I prioritize those undergoing strategic changes. I believe these changes can activate corrective forces that often return the company to a more appropriate valuation, known as mean reversion. My approach centers on analyzing company strategies and competitive advantages and how it will play a factor into its future prospect.

Conclusion PayPal is entering a crucial inflection point. Even with competition heating up, I believe it is not to too late for PayPal to turn the ship around; well, there's no ship to turn around since they only need to partially correct a ship that has been slightly coursed in the wrong direction. The management is doing the right thing by focusing their attention on PayPal's competence and diversifying in the ads business, which is a natural extension of their business due to the amount of data they are processing on their platform. Plus, You get to buy PayPal at a price where these potentials aren't even factored in, and more importantly, you buy a profitable fintech company, which is a rare breed in this space.

Risk Competition PayPal has experienced a decline in active accounts since 2020 due to competition from other digital wallets, such as Apple. I expect further intense competition from companies with existing ecosystems and scale, where embedding finance services such as digital wallet and payment services enhances the value proposition of their main business, such as Meta's Facebook with Metapay, Google's Google Pay, and Grab's Grab Pay, among others. Ultimately, it will come down to if people continue to value PayPal's other value propositions, which others don't have, such as Seller & Buyer Protection. Economic Cycle Like any business, PayPal is sensitive to the ebb and flow of the economic cycle since a significant amount of its Transaction Volume comes from discretionary spendings, which tend to get less prioritized by consumers since they are switching some of their discretionary budgets into staple ones. But as I said earlier, economic cycles usually correct themselves in a long course. It's just a matter of when it will correct itself, which is always hard to guess.

Valuation According to multiple research firms, digital payment is forecasted to grow at 12-20%. Although estimates widely vary, they show the potential growth of the market in which PayPal participates. I will use the Discounted Cash Flow Method to valuate PayPal. I will conservatively project an 8% revenue growth rate to emphasize that even if PayPal underperforms the industry growth rate, it shows that PayPal is still undervalued. With an intrinsic value of $79.57 per share, it is undervalued by around 25%, which is a decent margin of safety for the company's growth potential.

While some can argue that the high-interest environment causes lower funding, I argue with what I said earlier. The payment segment will be dominated by players that the majority of people already use, such as PayPal, Apple Pay, Stripe, Samsung Pay, etc... Upcoming startups will most likely structure their business on providing value-added service to certain parts of the digital payment business value network or niche part of the digital payment market, where scale doesn't provide a competitive advantage.

Look, every company is at a different stage and gets to decide what they want their True North and their North Star to be. For me, it's now a time at this stage of the company to focus on profitable growth. I've been consistent from day one, it's where we’ve organized the company around, it's the way we do our operating mechanisms and the conversations that our leadership team has with each other and the way that were compensated. And so that is the North Star for the company. Additionally, while the payment segment still receives the lion's share of capital funding in fintech, there is a clear declining trend in the amount of capital investments made into the fintech payments segment, which could lead to fewer startups challenging the incumbents and further consolidation where the incumbents are buying all the smaller players to eliminate competition or increase their scale.

Emphasizing Profitable Growth Like any industry, it experiences periods of high growth and low profitability into a period of low growth and focus on profitability. During times of high growth, businesses in an industry often prioritize growth and scaling their business over profitability. Eventually, the industry enters a period of consolidation along with slower growth, forcing companies to focus on increasing their profitability. In the fintech payment segment, scale matters cause businesses aren't using your offering if only a few consumers use you, or consumers will not use you if they can't use your offering to buy from multiple merchants or if they need to go from your platform to another platform to pay the merchant, which create friction. This is why only firms that have managed to be successful in this segment are incumbents such as PayPal, AliPay, and Stripe, and Big Tech Firms such as Apple (AAPL), Samsung, Amazon (AMZN), and Google that have existing ecosystems where payment can play a vital role in increasing the value proposition to their customers and prevent them from switching to other ecosystems that provide a similar experience; Apple into Android or Samsung Ecosystem and vice versa. The above reasons led PayPal's CEO, Alex Chriss, to focus on ventures that promise profitable growth.