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NEXI s.p.a. STOCK ANALYSIS - BIT: NEXI

The creator analyzes Nexi s.p.a. (BIT: NEXI), a European payment system, highlighting its high dividend yield and projected growth, but also significant concerns regarding past impairments, slashed guidance, intense competition, and execution risks. Despite a seemingly attractive valuation with a 20% free cash flow yield, the creator deems it a "too hard pile" due to uncertainties about future revenue deterioration and dividend sustainability.

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PayPal is mentioned as a competitor with lower cash flows than Nexi, facing issues with take rates.

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