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WEX

WEX

Technology · Software - Infrastructure

$130.63-0.78%
Mkt Cap: $4.53B

Performance

WEX (WEX) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

WEX (WEX) operates in the Software - Infrastructure space within the Technology sector. With a market cap of $4.5B, it qualifies as a small-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.

Bull Case7
  • Low P/E of 14.7× suggests the stock may be undervalued relative to earnings
  • Forward P/E (6.4×) is lower than trailing P/E (14.7×) — analysts expect earnings to improve
  • Revenue growth of 6% YoY shows solid business momentum
  • Earnings grew 23% YoY — bottom-line is expanding fast
  • Healthy profit margin of 11.5%
  • ROE of 29.8% shows management efficiently converts equity into profit
  • Price is near its 52-week low — potential entry point with asymmetric upside
Bear Case2
  • High debt-to-equity of 410.95× increases financial risk, especially with elevated interest rates
  • No dividend history — total return depends entirely on price appreciation

Verdict

Strong Buy

Multiple fundamental strengths with few red flags. Long-term buyers may find this compelling.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

This stock does not pay dividends.

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Jul 22, 2026

36

days

EPS (TTM)

$8.87

P/E (TTM)

14.7

Fwd P/E

6.4

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$4.53B
P/E Ratio14.73
Forward P/E6.43
P/B Ratio
PEG Ratio0.78
EPS (TTM)$8.87

Trading

Open
Day High
Day Low
52W High$186.86
52W Low$129.56
Volume
Avg Volume (3M)559,004
Beta0.85

Dividends

Dividend Yield
Annual Rate
Ex-Div Date
Payout Ratio0.00%

Profitability

Profit Margin11.50%
Operating Margin23.46%
ROE29.77%
ROA2.87%
Revenue Growth5.80%
Earnings Growth22.70%

Balance Sheet

Total Revenue$2.70B
Total Debt$5.24B
Debt / Equity410.95
Current Ratio1.05
Free Cash Flow$1.26B

Fair Value Estimates

Current price: $130.63

Graham Number

√(22.5 × EPS × Book Value)

$85.61

-34.5% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

N/A

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

6/10

75% score

Pays dividends

No dividend history found

Dividend consistency (5Y+)

Uninterrupted dividend payments for at least 5 years

ROE above 10%

29.8%

Return on equity — measures how efficiently capital is used

Positive profit margin

11.5%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+5.8%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+22.7%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

410.95×

Low financial leverage reduces risk of distress

Current ratio above 1

1.05×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$73M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

Stock must distribute income to shareholders

Related Assets

Technology

About WEX

WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. WEX Inc. was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. The company was founded in 1983 and is headquartered in Portland, Maine.

Sector

Technology

Industry

Software - Infrastructure

Location

Portland, United States

Employees

6,600