2026-10-25
PicS clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.
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latest tape · as of 04:07 UTC
The Screen · Technology · Software - Infrastructure
PicS N.V.
PICS · Nasdaq · USD · Market cap $919M
PicS N.V.
Not yet scored7.09 USD
Price as of 5 Nov 2026Daily close, not a live quote
Screened 2026-11-05 · the tape above runs as of 04:07 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
Key facts today
- Price7.09 USD at the 5 Nov 2026 close
- Fair valueUnder review: our model's value is 3.11x the price, above our 2.00x limit.
- Our regime readDistribution, as of 5 Nov 2026
- Ethical screenNot yet scored
- Last reviewed5 Nov 2026 (1 days ago)
- Release timesRelease and earnings times on your chart: Event Guard Mentor
A summary of the dated readings below, not a live quote and not advice.
PRICE · ONE YEAR
Our fair-value range: range not available (screen dated 2026-11-05).
- Trend Distribution
- Insiders no filings inside 60 days, left as found
- Positioning no disclosures inside 60 days, left as found
- Options no verdict drawn today, left as found
- Ethical screen not yet scored
Price7.09 USD
Fair valueUnder review
Ethical score70.0/100
Our investment reviews on this name
2026-11-04Read Distribution6.69+6.0% to today Markup gives way to Distribution after a 46% slide in 3 weeks
2026-10-11Read Markup12.46-43.1% to today Markdown gives way to Markup after a 21% rise in 5 weeks
2026-09-09Read Markdown10.34-31.4% to today ✓Accumulation gives way to Markdown after a 10% slide in 5 weeks
2026-08-08Read Accumulation11.52-38.5% to today Markdown gives way to Accumulation after a 6% rise in 5 weeks
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
The full research record, in depth, below
This name holds its distribution label.
PicS N.V. holds its Distribution at $7.09. Elevated stress, defensive posture warranted, held for 1 days.
| Phase | Distribution · caution |
| Quantitative state | Elevated stress, defensive posture warranted, held for 1 days |
| Price at the screen | $7.09 |
| Valuation | 3.64 trailing · 2.28 forward price to earnings |
| Values screen | Not scored · score 70.0 |
Five Screens, Shown in Full
This security has not been fully scored against the values screen yet.
| Test | Figure | Limit | What it means | Status |
|---|---|---|---|---|
| Business activity | Permissible | Core business clean | Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. | Pass |
| Debt load | 2.05% | Below 33% | Interest-bearing debt is just 2.1% of its assets, well under the one-third ceiling: it does not run on borrowed money. | Pass |
| Interest-bearing cash | 11.80% | Below 33% | Cash held in interest-bearing accounts and securities is 11.8% of assets, under the one-third limit. | Pass |
| Receivables | 23.45% | Below 49% | Money owed to the company is 23.4% of assets, under the 49% limit. | Pass |
| Revenue purity | 0.00% | Below 5% | Only 0.0% of revenue comes from non-compliant sources, under the 5% line. | Pass |
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical ReadThe Read, in Plain English
PicS clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.
Read as at 2026-11-05. It updates when the underlying figures move, and past reads are kept below.
2026-09-24
Clears
PicS clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 2%, inside the ~33% line, and almost none of its income is interest, so it passes.
Earlier reads, kept as written. The ethical profile is tracked over time, not overwritten.
What the Numbers Say It Is WorthThe Fair Value Range
Fair value under review. Our model's value is 3.11x the price, above our 2.00x limit. We show no fair value, margin of safety or value read built on it until the review clears.
How a fair value is estimated: discounted cash flow (DCF).
The Street's RangeThird-party analyst targets. The average target sits +149% from the screen price.
Where our models see it going: no fair-value estimate yet, range not available, dated to the 2026-11-05 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain WordsUnknown Moat Leaves Brazil Payments Play on the Bench
Every time a freelancer in Sao Paulo receives a Pix payment or a small shop settles a bill through a digital wallet, the transaction flows across local rails that global giants still struggle to serve. PicS sits right in that flow, posting 70 percent revenue growth, a 10 percent profit margin and 31 percent return on equity at just 3.7 times forward earnings. Yet the opportunity rating stays at none because the competitive moat remains unknown and the business sits in an emerging market where rules can shift overnight.
The gap between the current price and our fair value looks attractive on paper, and nine analysts carry a strong-buy consensus with a 20 dollar median target. Still, without clearer evidence that the platform can defend its position against bigger banks and fintechs, the numbers alone do not clear our bar.
Currency swings, regulatory surprises and thin visibility on long-term durability keep the risk elevated even though the ethical screen passes cleanly. The setup may reward others, but we stay on the sidelines. Analysis, not advice.
| Forward P/E | 2.3xcheap for a company growing this fast |
| Trailing P/E | 3.6xvery cheap relative to earnings |
| EPS, trailing | 1.95 |
| EPS, forward | 3.11 |
| Revenue growth | +67.0%growing very fast |
| Profit margin | 10.0%thin but positive margins |
| Debt to equity | 0.55moderate, manageable leverage |
| Current ratio | 1.00below 1: short-term bills exceed liquid assets |
| Short interest, float | 0.04% |
| 52-week range | 6.42 - 19.95 |
| Market cap | $919M |
Another profit measure, before interest, tax and non-cash costs: EBITDA.
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to Brazil and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to TradePICS trades on Nasdaq (the company is based in Brazil). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
Every Entry, As Written
2026-11-04
Distribution · changed $6.69
-50.7% Entry 9
The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 50.7% since our last review. Ethical screening: not fully scored yet. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading overbought. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (9 analysts) rates it none, with a mean price target of $22.
2026-10-26
Markup $13.58
+9.0% Entry 8
The analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 9.0% since our last review. Ethical screening: not fully scored yet. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it B. Technically it is momentum reading overbought. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (9 analysts) rates it none, with a mean price target of $22.
2026-10-11
Markup · changed $12.46
+28.3% Entry 7
The framework has shifted from markdown to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 28.3% since our last review. Ethical screening: not fully scored yet. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C. Technically it is momentum reading oversold. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (9 analysts) rates it none, with a mean price target of $22.
2026-10-02
Markdown $9.71
-6.1% Entry 6
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 6.1% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading oversold. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (9 analysts) rates it none, with a mean price target of $22.
2026-09-09
Markdown · changed $10.34
-10.2% Entry 5
The framework has shifted from accumulation to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 10.2% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading oversold. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (9 analysts) rates it none, with a mean price target of $22.
2026-08-08
Accumulation · changed $11.52
+6.5% Entry 4
The framework has shifted from markdown to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 6.5% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading oversold. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (9 analysts) rates it none, with a mean price target of $22.
2026-07-18
Markdown $10.82
+0.0% Entry 3
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D. Technically it is momentum reading oversold. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (9 analysts) rates it none, with a mean price target of $22.
2026-07-03
Markdown $10.82
+0.0% Entry 2
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.
2026-07-02
Markdown $10.82
Entry 1
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows negative risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
- Brazil’s PicPay CFO forges ahead after post-election turmoil, watershed IPO Yahoo Finance · 7d ago
- PicPay to Participate in Money 20/20 USA 2026 in Las Vegas Yahoo Finance · 22d ago
- How PicPay’s (PICS) Kovr Acquisition and Estrutural Stake Support Its Insurance Strategy Yahoo Finance · 24 Sep 2026
- PicS N.V. (PICS) Delivers Credit Portfolio Momentum and Q2 Outperformance Across the Board Insider Monkey · 19 Sep 2026
- PicS N.V. (PICS) Delivers Credit Portfolio Momentum and Q2 Outperformance Across the Board Yahoo Finance · 19 Sep 2026
Headlines from third-party outlets, linked for reference: not our reporting, not advice.
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| Period | Price then | Price return | Divs per share | $1,000 became | Total return |
|---|---|---|---|---|---|
| 1 month | $11.86 | -20.9% | · | $791 | -20.9% |
| 2 months | $11.93 | -21.4% | · | $786 | -21.4% |
| 3 months | $14.73 | -36.3% | · | $637 | -36.3% |
Historical returns from market close data. Past performance does not guarantee future results.
This entry now belongs to the ledger. Whatever PICS does next, these words stay.
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