FairValueLabs Valuation System Value Investment
GPN

Global Payments Inc. (GPN) Stock Analysis — Fair Value, Risk & Moat Rating

NYQ · Industrials · Specialty Business Services

$71.59 Strong Buy Zone -1.24 (-1.7%) As of Apr 20, 2026 Not a buy/sell recommendation. See disclaimer.
Overall Verdict Caution
0.94
Altman Z-ScoreDistress Zone
$125.58
Fair ValueStrong Buy Zone (43.0%)
2.9
Moat RatingNarrow moat · eroding
TL;DR · Audit Summary

Is Global Payments Inc. a safe investment right now?

Trading at $71.59, Global Payments Inc. (GPN) in the Industrials sector carries a FairValueLabs fair value estimate of $125.58 — a margin of safety of 43.0%, placing it in the Strong Buy Zone. With an Altman Z-Score of 0.94, the company sits in the distress zone — bankruptcy risk is elevated and warrants close monitoring. Our moat rating stands at 2.9/5 stars (Narrow moat · eroding), suggesting limited pricing power in a competitive landscape. On the income side, GPN currently pays a dividend with a safety grade of .

Section 01 · Financial Health

Could Global Payments Inc. go bankrupt? Altman Z-Score analysis

0.94

Z-Score of 0.94 falls below the 1.8 distress threshold, indicating significant financial stress.

  • Below 1.8 — Distress Zone (high bankruptcy risk)
  • 1.8 to 3.0 — Gray Zone (elevated uncertainty)
  • Above 3.0 — Safe Zone (financially healthy)

What drives GPN's Z-Score?

Altman Z-Score components for GPN
ComponentFormulaValueWeightContribution
A · Working Capital / Total AssetsWC / TA0.09651.20.12
B · Retained Earnings / Total AssetsRE / TA0.11131.40.16
C · EBIT / Total AssetsEBIT / TA0.03583.30.12
D · Market Cap / Total LiabilitiesMCap / TL0.67790.60.41
E · Revenue / Total AssetsRev / TA0.14451.00.14

How has GPN's financial health changed over time?

3.0 Safe1.8 Distress0.01.02.03.04.02022202320242025
GPN Z-Score history
YearZ-ScoreZone
20220.86Distress
20230.78Distress
20240.96Distress
20250.94Distress

Source: Calculated from GPN's latest 10-K filing on SEC EDGAR.

Section 02 · Fair Value Estimate

What is Global Payments Inc. actually worth?

FVL Fair Value$125.58
vs
Market Price$71.59
Strong Buy Zone 43.0% Stock trades 43.0% below our estimated fair value of $125.58.

How we calculated this

FVL Valuation Model
InputValueSource
Predicted EPS (α)$8.97Proprietary blend of reported actuals + analyst consensus, weighted by α
Last Year EPS$5.78Annual report (SEC EDGAR)
Analyst Consensus EPS (This Year)$13.7525 analysts consensus
Trailing P/E16.5xCurrent market pricing
Fair P/E (β discount)14.0xTrailing PE adjusted by value discount factor β, hard-capped
Earnings Trend (γ)AcceleratingDirectional signal: predicted vs trailing EPS

Wall Street Reference: Analyst consensus target price is $98.24 (25 analysts). This is shown for reference only and is not used in our valuation model.

Source: Earnings data from SEC EDGAR filings. Market data via Yahoo Finance.

Section 03 · Competitive Moat

Does Global Payments Inc. have a durable competitive advantage?

★★½☆☆
Narrow moat · eroding

Moat rating: 2.9/5.

What makes up GPN's moat score?

ROIC Stability

★★☆☆☆

ROIC variability over the past decade. Score: 2/5.

Gross Margin Trend

★★★★☆

Gross margin trajectory over the past decade. Score: 4/5.

Switching Costs

★★★☆☆

Estimated customer lock-in based on margin level. Score: 3/5.

How stable is GPN's return on invested capital?

0%-5%-1%3%7%10%2022202320242025
GPN ROIC history
YearROICTrend
20221.8%
20233.5%Rising
20245.5%Rising
20254.3%Declining

Source: ROIC calculated from SEC EDGAR filings.

Section 04 · Dividend Safety

Is Global Payments Inc.'s dividend safe?

A Dividend Safety Grade
Yield140.0%
Payout Ratio22.6%
Consecutive Years26
5Y Growth Rate-22.4%

Can Global Payments Inc. afford its dividend?

Payout ratio is 22.6%. FCF covers the dividend 5.9x. 26 consecutive years of payments.

Section 05 · Financial Summary

Global Payments Inc.'s key financial metrics

GPN financial summary
MetricLatest1Y Ago3Y AgoTrend
Revenue $7.7B $7.7B $9.0B Declining
Net Income $1.4B $1.6B $0.1B Rising
Free Cash Flow $2.0B $2.4B $1.6B Rising
Gross Margin 72.6% 73.7% 57.9% Rising
Section 06 · FAQ

Common questions about Global Payments Inc.

Is Global Payments Inc. at risk of going bankrupt?

Global Payments Inc.'s Altman Z-Score of 0.94 places it in the distress zone. This metric uses balance sheet ratios to predict bankruptcy probability within 2 years. A score below 1.8 signals distress, while above 3.0 indicates safety.

What is Global Payments Inc.'s estimated fair value?

Our valuation model estimates Global Payments Inc.'s fair value at $125.58 per share. The current margin of safety is 43.0%. This estimate uses a PE-based approach with analyst consensus earnings.

Does Global Payments Inc. have a competitive moat?

Global Payments Inc. receives a moat rating of 2.9 out of 5 stars, based on ROIC stability, gross margin trends, and estimated switching costs. A rating above 3.5 suggests a durable competitive advantage.

Is Global Payments Inc.'s dividend safe?

Our dividend safety analysis examines payout ratio, free cash flow coverage, and the company's streak of consecutive dividend payments to determine whether the current payout is sustainable.

FairValueLabs Disclaimer

All valuations, scores, ratings, and classifications on this page are produced by the FairValueLabs internal valuation system. They do not represent actual market value, guaranteed outcomes, or professional investment advice. These are analytical estimates for educational and research purposes only.

This is not financial advice. All data is sourced from SEC EDGAR public filings. Always consult a qualified financial advisor before making investment decisions.

Last updated: Apr 20, 2026. Data sources: SEC EDGAR (financial statements), Yahoo Finance (market data, analyst consensus). Data may not reflect the most recent quarter.

GPN analysis methodology: How we calculate fair value, Z-Scores, and moat ratings