One 97 (PAYTM)

FairStock Score: 37/100 — MIXED

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am wary when a fintech trades at ₹1,603, a ₹1.03 lakh Cr market cap, and 158.71 times earnings. Graham would ask for margin of safety; here P/B is 6.41 against book value of ₹249.97, so I am paying a rich price for modest reported book. The business does show a turnaround: latest quarter sales were ₹2,194 Cr and net profit ₹225 Cr, with profit growth of 192.72%. Yet sales growth is -32.50%, so this is not clean compounding. ROE is -1.14% and ROCE is -10.14%, telling me the core capital returns are still poor. Debt/equity is tiny at 0.01, and Altman Z-score 3.07 suggests balance-sheet distress is not immediate. But free cash flow is ₹-2,152 Cr, which is a red flag: accounting profit is not yet cash. Piotroski F-score 6/9 is middling. PEG 1.14 looks superficially reasonable, but EV/EBITDA of -1237.17 is meaningless with negative EBITDA, and P/E 158.71 leaves no room for error. Promoter holding is 0.00%, so I do not have a founder-owner alignment signal from the given data. The 5-year revenue CAGR of 16.04% shows past growth, but recent contraction challenges the moat. There is no dividend. FairStock score 37/100 says mixed. I would classify it as a turnaround: improving profit but negative cash flow and sales decline. Watch whether net profit converts to FCF, sales stabilise, ROE/ROCE turn positive, and valuation compresses. Until then, I prefer to observe, not pay up.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer