Should You Buy GCASH After Its IPO? (Episode 253)

Updated: October 19, 2026

Listen to this episode:

What you’ll hear in this episode:

Should you buy GCASH after its IPO? Mynt has demonstrated strong revenue and profit growth, but is its ₱6.60 IPO price attractive enough for investors?

Discussion points:

• Mynt’s Financial Performance: A look at the company’s revenue and net income growth from 2023 to 2025, along with its first-half 2026 results and the pace of its recent growth.
• How Mynt Makes Money: An overview of its digital financial services, including the GCash wallet, payment services, and digital lending through Fuse Financing.
• Use of IPO Proceeds: How Mynt plans to use approximately ₱9.42 billion in net proceeds, with the largest allocation going to digital lending, followed by product development and general corporate purposes.
• Mynt’s Valuation: Its implied post-IPO market capitalization of approximately ₱441.5 billion and its price-to-earnings ratio of about 25.6 times its 2025 net income.
• Growth Opportunities and Risks: The potential of digital lending, new products, and technology investments, alongside competition, credit quality, regulation, and customer trust.
• What to Watch After Listing: Why the ₱6.60 IPO price is only a reference point, and how the actual market price should be evaluated against the company’s earnings, prospects, and risks.
• Should You Invest in GCASH? Key considerations for evaluating Mynt’s business fundamentals, valuation, growth potential, and fit with your financial goals and risk tolerance.

Key Takeaways

Mynt has demonstrated strong revenue and profit growth, but investors should assess whether that growth can continue.

The IPO proceeds will fund digital lending, product development, technology investments, and general corporate purposes.

Mynt’s valuation should be assessed against its earnings, future growth prospects, and business risks.

A rising or falling share price does not automatically indicate whether a stock is overvalued or undervalued.

Investors should monitor lending quality, competition, regulation, and the company’s ability to execute its growth plans.

Before buying GCASH, consider the actual market price, your investment horizon, risk tolerance, and financial goals.

Strong business performance does not guarantee strong investment returns.

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