QIWI
Qiwi PLC
Price:  
5.67 
USD
Volume:  
1,144,390
Cyprus | IT Services

QIWI Fair Value

119.6 %
Upside

What is the fair value of QIWI?

As of 2025-07-08, the Fair Value of Qiwi PLC (QIWI) is 12.45 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 5.67 USD, the upside of Qiwi PLC is 119.6%.

Is QIWI a good investment?

With the market price of 5.67 USD and our fair value calculation, Qiwi PLC (QIWI) is a good investment. Investing in QIWI stocks now will result in a potential gain of 119.6%.

5.67 USD
Stock Price
12.45 USD
Fair Price
FAIR VALUE CALCULATION

QIWI Fair Value

Peter Lynch's formula is:

QIWI Fair Value
= Earnings Growth Rate x TTM EPS
QIWI Fair Value
= 22.2 x 44.14 RUB
QIWI Fair Value
= 22.2 x 0.56 USD
QIWI Fair Value
= 12.45

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
12-201912-202012-202112-202212-20235Y Avg
Net income4,8328,84217,39913,1192,7689,392
YoY growth34.8%83%96.8%-24.6%-78.9%22.2%

QIWI Fair Value - Peers Benchmarking

Market Cap (mil)EPS Fair Value Upside
a
Global Payments Inc19,5306.4160.2100.1%
Shift4 Payments Inc9,1522.563.67-38.3%
WEX Inc5,1209.2230.2954%
Euronet Worldwide Inc4,5837.4183.9773.6%
PagSeguro Digital Ltd3,0236.512.5136.4%
Western Union Co2,8162.813.8462.5%
Paya Holdings Inc1,2880.11.79-81.6%
MoneyGram International Inc1,0740.31.74-84.1%
I3 Verticals Inc9653.484.49190.7%
Cass Information Systems Inc6081.67.85-82.7%

QIWI Fair Value - Key Data

Market Cap (mil)356
P/E10.1x
Forward P/E11.7x
EPS44.14
Avg earnings growth rate22.2%
TTM earnings2,768

QIWI Fair Value - Formula's Origin

Peter Lynch is one of the most legendary investors/fund managers of all time. His philosophy for stock investing is very simple and straightforward: he invests in stocks that are undervalued, meaning its P/E is less than or equal to its earnings growth rate. He believes that if a stock is trading at its fair value, the PEG ratio, which was also invented by him, should be 1.

Therefore, his formula to determine a company's fair value is:

Peter Lynch Fair Value = Earnings Growth Rate * EPS * PEG

PEG is set to 1 so we can ignore it in the calculation. Based on the formula, if the earnings growth rate of a company is 15%, Peter Lynch is willing to buy its share up to P/E = 15.