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CPI Card Group (PMTS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

CPI Card Group
NasdaqGM•Financial Services•Credit Services
$26.94-1.31(-0.05%)After hours
Market Cap
$273.61M
P/E
19.9x
P/S
0.5x

CPI Card Group Inc., together with its subsidiaries, provides physical and digital payment solutions for financial institutions, processors, fintechs, prepaid program managers, and other organizations in the United States. It operates through Debit and Credit, and Prepaid Debit segments. The Debit and Credit segment produces secure debit and credit cards, such as contact, contactless, eco-focused, and magnetic stripe cards; and provides card services, including digital services. This segment also provides personalization services, which include instant issuance solutions that provide customers with the ability to issue an instant personalized debit or credit card on-demand; and other payment solutions, such as digital push provisioning for mobile wallets. The Prepaid Debit segment primarily provides integrated card services comprising tamper-evident security packaging services. It also produces payment cards issued on the networks of the payment card brands. The company offers card data personalization and fulfillment services, SaaS -based instant card issuance and other digital solutions, an integrated end-to-end on-demand payment card solution, and Card@Once, a proprietary and patented SaaS -based instant card issuance system. It serves issuers of debit and credit cards, prepaid program managers, financial institution platform providers and card processor organizations, fintechs, small to mid-sized financial institutions, healthcare providers, entertainment venues, government disbursements, transit services, and others through sales representatives, customer relationships, and partners. The company was formerly known as CPI Holdings I, Inc. and changed its name to CPI Card Group Inc. in August 2015. CPI Card Group Inc. was incorporated in 2007 and is headquartered in Littleton, Colorado.

D

How this company scores

WeakMetricSide Score: 60/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability8/25
Growth19/25
Balance Sheet & Red Flags8/25
Cash & Earnings Quality25/25
Strengths
Growing revenueRising free cash flowCash-backed earningsConsistent free cash flow
Grade capped at D
  • Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 19.9x5y range 6.2x – 20.1x
P/E 19.9x · above its 20-quarter median

Currently above its 20-quarter median.

P/S · 0.5x5y range 0.3x – 1.0x
P/S 0.5x · near its 20-quarter median

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 19.5% — watch for continued compression, which may signal competitive or cost pressure.

Share Dilution

Watch

Shares outstanding rose 3.4% — mild dilution. Compare to earnings growth to assess the net per-share impact.

Price & Volume
Market Cap $273.61M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$587.31M
7Q
Q. Revenue
$149.18M
15%
TTM EBITDA
$79.62M
6%
TTM Op. Income
$54.17M
5%
Q. Op. Income
$11.86M
26%
TTM Net Income
$13.75M
3%
Q. Net Income
$2.04M
2Q
EPS
$0.18
260%
Shares Out.
$11.49M
7Q
$587.31M in TTM revenue grew 16.9% YoY, reaching $149.18M last quarter. TTM EBITDA of $79.62M and TTM operating income of $54.17M show growth is flowing through to the bottom line. TTM net income of $13.75M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
32.5%
5%
EBITDA Margin
12.2%
6%
Op. Margin
8.0%
10%
Net Margin
1.4%
2Q
Op. margin of 8.0% is up 0.7% YoY — cost efficiency is improving. Net margin at 1.4% and gross margin of 32.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 10% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
19.9x
2Q
P/S Ratio
0.5x
13%
P/B Ratio
N/A
At 19.9x P/E, the stock trades within typical market levels. P/S of 0.5x and P/B of 0.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$390.41M
2%
Cash
$21.37M
25%
Long-Term Debt
$262.14M
4Q
Book Value
$-11.47M
7Q
D/E Ratio
N/A
Debt/EBITDA
14.4
31%

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$28.50M
556%
TTM Free Cash Flow
$76.55M
3Q
FCF Margin
13.0%
3Q
FCF / Net Income
5.6
3Q
TTM FCF of $76.55M on $28.50M in operating cash flow. The FCF / Net Income ratio of 5.6x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.

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