PAY is due to be kicked out by rotation. Although it does not actually appear in the Greenblatt Screen, it has a Magic Formula Score of A+. It also also has a Stockopedia StockRank of 97. Its P/FCF is 10.9. Given these facts, I will keep it in the portfolio.
I don't feel the need to research this one in detail.... but is it not a concern that in the last trading update the net revenue growth was actually a DECLINE of 2.8%? Although they highlight some positives, I note for example top-up and e-money transactions declined by 15% to 11.1 million
