PGYPagaya Technologies Ltd.
Is it safe?
Mostly sound, with a caveat: comfortable debt (AA), but big price swings.
Insiders were net sellers (-$2.2M, 90 days to Oct 8, 2026), selling is often routine.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -98% · now 56% below its 52-week high.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can PGY take a bad year?
Pagaya Technologies Ltd. carries $3.7M of net debt at 0.01× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.01×
Net debt / EBITDA · 2.97× a year ago · the load is coming down
- Debt / equity
- 0.43×
Debt / equity
- Annualised volatility
- 90%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $253M
- Cash and short-term investments
- $249M
- Net debt
- $3.7M
- EBITDA, trailing twelve months
- $368M
- Operating profit, trailing twelve months
- $345M
- Debt / equity
- 0.43×
- Total debt / EBITDA
- 0.69×
- Annualised volatilitytwo years of daily moves
- 90%
- Worst drawdown on file
- −98%
- Below its 52-week high
- 56%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software, Infrastructure
Ranks #16 of 80 by RyuScore