CAB Payments Holdings Limited (GB:CABP)
LSE:CABP
Want to see GB:CABP full AI Analyst Report?
Top Page
CAB Payments Holdings Limited
(LSE:CABP)
Select Model
Select Model
Rating:62Neutral
Price Target:
82.00 p
▲(32.26% Upside)
Action:Reiterated
Date:03/17/26
The score is mainly driven by mixed financial performance: a strong, conservatively levered balance sheet is offset by highly volatile cash flows and uneven revenue/margin trends. Technicals are moderately supportive with the stock above key moving averages, while valuation looks reasonable on P/E but lacks dividend yield data.
Positive Factors
Conservative balance sheet
Low leverage and a building equity base provide durable financial flexibility for a payments firm that faces episodic liquidity needs. This conservatism supports regulatory compliance, access to lending lines and the capacity to invest selectively in corridors or technology without immediate funding strain.
Negative Factors
Cash flow volatility
Large, irregular swings in operating and free cash flow reduce resilience and constrain discretionary spending. For a payments operator that must pre-fund corridors and manage intraday flows, inconsistent cash conversion raises risks to liquidity planning, working capital and funding costs over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Low leverage and a building equity base provide durable financial flexibility for a payments firm that faces episodic liquidity needs. This conservatism supports regulatory compliance, access to lending lines and the capacity to invest selectively in corridors or technology without immediate funding strain.
Read all positive factors
CAB Payments Holdings Limited (CABP) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£191.88M
Dividend YieldN/A
Average Volume (3M)233.96K
Price to Earnings (P/E)14.4
Beta (1Y)1.00
Revenue Growth2.71%
EPS Growth-4.64%
CountryUK
Employees421
SectorFinancial
Sector Strength70
IndustryBanks - Diversified
Share Statistics
EPS (TTM)0.05
Shares Outstanding254,143,220
10 Day Avg. Volume207,786
30 Day Avg. Volume233,959
Financial Highlights & Ratios
PEG Ratio-2.50
Price to Book (P/B)0.98
Price to Sales (P/S)1.07
P/FCF Ratio-15.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.08
Revenue Forecast (FY)£124.90M
CAB Payments Holdings Limited Business Overview & Revenue Model
Company Description
CAB Payments Holdings Limited, through its subsidiaries, provides foreign exchange (FX) and cross-border payments services to banks, fintech companies, development organizations, and governments in the United Kingdom and internationally. The compa...
How the Company Makes Money
CABP makes money primarily by charging fees and earning margins for executing foreign exchange and cross-border payment transactions. Key revenue streams typically include: (1) FX transaction income: the company earns a spread/markup between the r...
CAB Payments Holdings Limited Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
78
Positive
Cash Flow
40
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 147.38M | 105.54M | 167.92M | 32.97M | 14.54M |
| Gross Profit | 117.72M | 105.54M | 137.07M | -7.62M | -7.62M |
| EBITDA | 18.52M | 0.00 | 43.47M | -37.38M | 13.63M |
| Net Income | 13.56M | 14.21M | 22.71M | 31.00M | 7.14M |
Balance Sheet | |||||
| Total Assets | 1.66B | 1.80B | 1.73B | 1.49B | 1.32B |
| Cash, Cash Equivalents and Short-Term Investments | 257.87M | 1.08B | 1.06B | 816.84M | 1.01B |
| Total Debt | 19.04M | 18.07M | 884.00K | 1.28M | 819.00K |
| Total Liabilities | 1.50B | 1.66B | 1.60B | 1.37B | 1.23B |
| Stockholders Equity | 160.72M | 146.55M | 131.53M | 108.25M | 76.34M |
Cash Flow | |||||
| Free Cash Flow | -10.32M | 70.02M | 21.31M | -263.36M | 313.59M |
| Operating Cash Flow | -10.18M | 84.97M | 21.73M | -258.47M | 318.21M |
| Investing Cash Flow | -443.37M | -14.97M | 40.80M | -4.88M | -4.84M |
| Financing Cash Flow | -172.59M | -539.00K | 226.66M | -232.00K | 268.00K |
CAB Payments Holdings Limited Technical Analysis
Negative
62.00
Price Trends
84.07
Negative
81.06
Negative
67.38
Positive
Market Momentum
-1.87
Positive
38.31
Neutral
15.74
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CABP, the sentiment is Negative. The current price of 62 is below the 20-day moving average (MA) of 79.66, below the 50-day MA of 84.07, and below the 200-day MA of 67.38, indicating a neutral trend. The MACD of -1.87 indicates Positive momentum. The RSI at 38.31 is Neutral, neither overbought nor oversold. The STOCH value of 15.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:CABP.
CAB Payments Holdings Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | £242.25B | 14.42 | 12.07% | 4.27% | -10.53% | 7.24% | |
70 Outperform | £63.67B | 8.70 | 9.46% | 1.50% | 7.44% | 15.64% | |
69 Neutral | £45.08B | 11.20 | 10.34% | 1.70% | -13.41% | 33.11% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | £191.88M | 14.45 | 8.74% | ― | 2.71% | -4.64% | |
60 Neutral | £47.64B | 7.87 | 14.55% | 3.85% | 2.05% | 20.10% | |
54 Neutral | £240.93M | 13.51 | 4.70% | 2.66% | 0.49% | -11.39% |
* Financial Sector Average
GB:CABP
CAB Payments Holdings Limited
77.10
36.40
89.43%
GB:STAN
Standard Chartered
2,012.00
892.97
79.80%
GB:BARC
Barclays
459.80
139.18
43.41%
GB:HSBA
HSBC Holdings
1,392.00
558.87
67.08%
GB:NWG
NatWest Group
590.00
97.76
19.86%
GB:STB
Secure Trust Bank
1,270.00
554.50
77.50%
CAB Payments Holdings Limited Corporate Events
Business Operations and Strategy
CAB Payments’ Crown Agents Bank Wins Approval for Guyana Office to Boost Regional Growth
Positive
May 21, 2026
CAB Payments’ Crown Agents Bank has received authorisation from the Bank of Guyana to open a permanent representative office in Georgetown, deepening its long-standing presence in a country that has been among the world’s fastest-growi...
Executive/Board ChangesM&A TransactionsShareholder Meetings
CAB Payments AGM Sees Key Resolutions Pass as Share Issuance Powers Rejected Amid Helios Bid Context
Neutral
Apr 29, 2026
CAB Payments Holdings reported the results of its 2026 annual general meeting, confirming that most resolutions, including the 2025 annual report, director remuneration report and auditor reappointment, passed with comfortable majorities, while on...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
CAB Payments Non-Executive Director Kushagra Saxena to Step Down After AGM
Neutral
Apr 29, 2026
CAB Payments Holdings plc announced that non-executive director Kushagra Saxena will step down from the boards of both the listed company and its operating subsidiary Crown Agents Bank Limited, effective after the company’s Annual General Me...
Business Operations and StrategyFinancial Disclosures
CAB Payments posts record two-quarter income and reaffirms growth targets
Positive
Apr 21, 2026
CAB Payments reported its strongest two-quarter income performance since listing, as Q1 2026 total income rose about 35% year on year to roughly £34 million and income excluding net interest income jumped about 60% to £26 million. The im...
Business Operations and StrategyFinancial Disclosures
CAB Payments posts record income momentum and holds guidance as FX and EM volumes grow
Positive
Apr 21, 2026
CAB Payments reported its strongest two-quarter stretch since its IPO, with Q1 2026 total income rising about 35% year on year to roughly £34m and non-interest income up around 60% to £26m, driven by a deliberate shift in business mix, h...
Business Operations and StrategyM&A Transactions
CAB Payments Board Criticises Helios Over Blocked StoneX Bid
Negative
Apr 20, 2026
CAB Payments’ Independent Board has responded critically to a recent announcement by the Helios Consortium, which holds a significant stake in the company, after Helios opposed an increased final possible cash offer from StoneX Group Inc. at...
M&A Transactions
CAB Payments Board Backs Higher Possible Takeover Offer From StoneX
Positive
Apr 16, 2026
CAB Payments has received an increased non-binding and final possible cash offer from StoneX Group at 110 pence per share, valuing the company at about £287m. The proposed price represents premiums of 52% to the undisturbed share price before...
Business Operations and StrategyM&A Transactions
CAB Payments board rebuffs Helios bid as undervaluing company
Neutral
Mar 27, 2026
CAB Payments’ independent board has rejected the Helios Consortium’s unsolicited firm offer, arguing that the bid is highly opportunistic, fundamentally undervalues the group and, due to its pre-conditional structure, would delay share...
Financial DisclosuresM&A TransactionsRegulatory Filings and ComplianceShareholder Meetings
CAB Payments publishes 2025 annual report and sets April AGM amid ongoing takeover interest
Neutral
Mar 25, 2026
CAB Payments Holdings has released its Annual Report for the year ended 31 December 2025 and published the notice and proxy form for its 2026 Annual General Meeting, which will be held on 29 April 2026 in London. The documents, along with a letter...
Executive/Board ChangesRegulatory Filings and Compliance
CAB Payments awards three-year locked bonus shares to senior executives
Positive
Mar 24, 2026
CAB Payments Holdings plc has granted bonus share awards to several senior executives, including the chief executive, chief financial officer and other members of the leadership team. The awards, made on 20 March 2026, cover varying volumes of ord...
Business Operations and StrategyExecutive/Board Changes
CAB Payments Ties Executive Share Awards to Tough Profitability Targets
Positive
Mar 24, 2026
CAB Payments Holdings plc has granted performance share awards to several senior executives, including CEO Neeraj Kapur and CFO James Hopkinson, under its Long Term Incentive Plan. The awards cover specified maximum numbers of ordinary shares for ...
Business Operations and StrategyM&A Transactions
CAB Payments rebuffs StoneX’s 95p-a-share approach as undervaluing business
Positive
Mar 20, 2026
CAB Payments has rejected an unsolicited, non-binding cash proposal from StoneX Group Inc. to acquire the entire issued and to be issued share capital of the company at 95 pence per share, after its independent board unanimously concluded the appr...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
CAB Payments Evaluates Unsolicited Takeover Approach from StoneX
Positive
Mar 16, 2026
CAB Payments has confirmed it received an unsolicited, non-binding cash proposal from StoneX Group for the entire issued and to-be-issued share capital of the company at 95 pence per share. An independent board, excluding two directors, is assessi...
Business Operations and StrategyExecutive/Board ChangesRegulatory Filings and Compliance
CAB Payments Ties Executive Share Awards to Profitability and Efficiency Targets
Positive
Mar 12, 2026
CAB Payments Holdings plc has granted performance share awards to several senior executives, including its chief executive and chief financial officer, under the company’s Long Term Incentive Plan. The awards, which carry no grant or vesting...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
CAB Payments rebuffs Helios bid as FY25 results mark growth inflection
Positive
Mar 5, 2026
CAB Payments has rejected a takeover offer from the Helios Consortium, branding it highly opportunistic and saying it fundamentally undervalues the group’s strategic progress and future prospects. The independent board, which has consulted m...
Business Operations and StrategyFinancial Disclosures
CAB Payments returns to profitable growth and sets ambitious three‑year targets
Positive
Mar 5, 2026
CAB Payments Holdings reported a return to profitable growth for 2025, with total income up 12% to £119m and adjusted EBITDA rising 14% to £35m, as its strategic realignment in 2024–25 began to deliver broader-based revenue and mar...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.