WEXWEX Inc.

$198.47

Is the price fair?

What WEX's price assumes

WEX Inc. trades at 22.3× earnings against 31.8× for the median Software - Infrastructure name, cheaper than its own group.

22.3

Trailing P/E · Software - Infrastructure median 31.8 · cheaper than the typical name in its group

Price / sales
1.99

Price / sales · as of 2026-Q1

Free cash flow yield
9.9%

Free cash flow yield · Software - Infrastructure median 5.3%

Growth the price implies
−3.5%

Growth the price implies · The price pays for −3.5% free cash flow growth a year for a decade; the business has delivered −17% a year over the last three.

Details
Price / book2026-Q1
4.20
EV / EBIT2026-Q1
12.5
EV / sales2026-Q1
3.09
Technology median P/E376 names
37.0
Software - Infrastructure median P/E81 names
31.8
Free cash flow, trailing twelve months
$439M
Market capitalisation
$4.42B
3-year revenue growth
+3.3%
3-year free cash flow growth
−17%
WEX has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 18.4× today against a 44.3× median
52-week range$126.86 – $203.22
Today$198.47

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.