{"id":14086,"date":"2023-05-26T07:07:45","date_gmt":"2023-05-26T11:07:45","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/gerdau-stock-positioned-for-long-term-success-nyseggb\/"},"modified":"2023-05-26T07:07:46","modified_gmt":"2023-05-26T11:07:46","slug":"gerdau-stock-positioned-for-long-term-success-nyseggb","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=14086","title":{"rendered":"Gerdau Stock: Positioned For Long-Term Success (NYSE:GGB)"},"content":{"rendered":"<div data-test-id=\"content-container\">\n<p><figure class=\"getty-figure\" data-type=\"getty-image\"><picture><\/picture><figcaption><\/figcaption><\/figure>\n<\/p>\n<p>The Americas leading long steel producer, Gerdau S.A. (<span class=\"ticker-hover-wrapper\">NYSE:GGB<\/span>) has lagged the stock market over the last five years, such that the firm is trading at a very low P\/E multiple. However, the firm&#8217;s dividend issuance has been strong enough<span class=\"paywall-full-content invisible\"> to keep returns close to the market&#8217;s. In addition, the company is in the right part of the capital cycle, with the firm de-risking as profitability and returns increase. Gerdau&#8217;s position on the capital cycle, and its improving profitability, make it a good bet for long-term investment. In addition, to a FCF yield of over 23%, its gross profitability at 0.25 is nearing the 0.33 threshold, and its P\/E multiple of 3.97 is very low.<\/span><\/p>\n<h2 class=\"paywall-full-content invisible\">Gerdau&#8217;s Business Model<\/h2>\n<p class=\"paywall-full-content invisible\">Gerdau is a global steel company with operations in 10 countries. It is the largest producer of long steel in the<span class=\"paywall-full-content invisible no-summary-bullets\"> Americas and the 30th largest steelmaker in the world. Gerdau has an installed capacity of 26 million metric tons of steel per year and offers steel for a variety of markets, including civil construction, automobile, industrial, agricultural, and various sectors.<\/span><\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">Gerdau&#8217;s core business is to transform steel scrap and iron ore into steel products. The company is also a major recycler of steel scrap, and each year transforms millions of tons of scrap into new steel products. Gerdau is committed to sustainable development and has a number of initiatives in place to reduce its environmental impact.<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">Gerdau&#8217;s operations are based on the integrated regional market mill concept. This means that raw materials are bought from nearby suppliers and products are primarily sold in the same region.<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">Gerdau operates through three different processes:<\/p>\n<ul class=\"paywall-full-content invisible no-summary-bullets\">\n<li>\n<p>Mini mills<\/p>\n<\/li>\n<li>\n<p>Integrated mills<\/p>\n<\/li>\n<li>\n<p>Direct reduced iron plant<\/p>\n<\/li>\n<\/ul>\n<p class=\"paywall-full-content invisible no-summary-bullets\">Mini mills are small, electric arc furnace ((EAF)-based steel mills that use scrap metal as their primary raw material. Integrated mills are large, blast furnace-based steel mills that use iron ore as their primary raw material. Direct reduced iron (DRI) plants produce DRI, which is a solid form of iron that is used as a raw material in steelmaking.<\/p>\n<h2 class=\"paywall-full-content invisible no-summary-bullets\">Dividends Help Gerdau Close the Gap on the Market<\/h2>\n<p class=\"paywall-full-content invisible no-summary-bullets\">In the last five years, Gerdau&#8217;s share price has risen just over 12%, while the S&amp;P 500 has risen by nearly 57%, and more than 73% for the Dow Jones U.S. Steel (DJUSST). In terms of total shareholder return (TSR), Gerdau has grown by nearly 55%, allowing them to close the gap on the market.<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">\n<figure class=\"regular-img-figure\" contenteditable=\"false\"><picture><span><img decoding=\"async\" src=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/57460347-16850250577409408.png\" alt=\"Source: Morningstar\" contenteditable=\"true\" spellcheck=\"false\" data-ms-editor=\"true\" loading=\"lazy\"><\/span><\/picture><figcaption>\n<p class=\"item-caption\">Source: Morningstar<\/p>\n<\/figcaption><\/figure>\n<\/p>\n<h2 class=\"paywall-full-content invisible no-summary-bullets\">Free Cash Flows Support Dividends<\/h2>\n<p class=\"paywall-full-content invisible no-summary-bullets\">Given the importance of dividends in closing the gap to the market&#8217;s performance, Gerdau&#8217;s ability to continue to issue dividends and to even increase dividends, is a good place to start our analysis. In the last five years, the company has grown dividend issuance from nearly R$600 million in 2018 to R$5.89 billion in 2022, compounding at 57.96% a year. In total, the company issued R$12.59 billion in dividends. In 1Q23, the company issued over R$330 million in dividends.<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">The value of a business is a function of the present value of its future cash flows. Growing those cash flows is, therefore, conducive to growing firm value. Free cash flows (FCF) are not just important for building value, they are important for supporting dividend issuance. In the 2018-2022 period, Gerdau grew its FCF from R$2.59 billion in 2018 to R$10.46 billion, compounding at over 32% a year. In that period, the firm generated a total of R$31.56 billion in FCF, or over 72% of its market capitalization (assuming an exchange rate of R$1 to US$0.20). In 1Q23, the firm generated R$2.7 billion in FCF. Simply put, there is ample room for dividends to grow.<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">\n<figure class=\"regular-img-figure\" contenteditable=\"false\"><picture><span><img decoding=\"async\" src=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/57460347-1685025057641046.png\" alt=\"Source: Gerdau S.A. Filings\" contenteditable=\"true\" spellcheck=\"false\" data-ms-editor=\"true\" loading=\"lazy\"><\/span><\/picture><figcaption>\n<p class=\"item-caption\">Source: Gerdau S.A. Filings<\/p>\n<\/figcaption><\/figure>\n<\/p>\n<h2 class=\"paywall-full-content invisible no-summary-bullets\">De-Risking the Business and Increasing Profitability<\/h2>\n<p class=\"paywall-full-content invisible no-summary-bullets\">It is tempting for steel producers facing higher commodity prices to raise capital, and spend at higher rates on capital expenditures in order to increase their chances of earning economic profits. Unfortunately, managers often overestimate growth opportunities, invest too heavily, and when prices fall, find themselves overinvested, and needing to sanitize their balance sheets, with capital exiting until profitability returns. Thus, we have an inverse relationship between asset growth and future returns. You want to invest in a business, not when it is raising capital and investing heavily, but when capital is exiting and profitability is increasing. A good way of analyzing how capital is being used and where a business is in the capital cycle, is to see the share that long-term debt, capex and depreciation have of total assets. As the chart below shows, long-term debt&#8217;s share of total assets has fallen from 25.5% in 2018 to 13.88% in 2022, while depreciation and capex&#8217; share of total assets has remained within a fairly tight range.<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">\n<figure class=\"regular-img-figure\" contenteditable=\"false\"><picture><span><img decoding=\"async\" src=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/57460347-16850250577877975.png\" alt=\"Source: Gerdau S.A. Filings and Author Calculations\" contenteditable=\"true\" spellcheck=\"false\" data-ms-editor=\"true\" loading=\"lazy\"><\/span><\/picture><figcaption>\n<p class=\"item-caption\">Source: Gerdau S.A. Filings and Author Calculations<\/p>\n<\/figcaption><\/figure>\n<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">In that time, Gerdau has become increasingly profitable. The firm&#8217;s gross profitability, which scales gross profits by total assets, has risen from 0.12 in 2018 to 0.25 in 2022. Although this is below 0.33, which research shows is the level at which a stock is attractive, the trend is clearly positive. Gerdau&#8217;s adjusted net income rose from R$2.5 billion in 2018 to R$11.48 billion in 2022 compounding at 35.57% a year. In 1Q23, the firm earned R$2.38 billion in adjusted net income. EBITDA rose from R$6.66 billion in 2018 to R$21.5 billion in 2022, compounding at 26.43% a year. In 1Q23, the firm earned R$4.32 billion in EBITDA. EBITDA margin rose as well, from 14.4% in 2018 to 26.1% in 2022. In 1Q23, EBITDA margin was 22.9%.<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">\n<figure class=\"regular-img-figure\" contenteditable=\"false\"><picture><span><img decoding=\"async\" src=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/57460347-1685025057741251.png\" alt=\"Source: Gerdau S.A. Filings\" contenteditable=\"true\" spellcheck=\"false\" data-ms-editor=\"true\" loading=\"lazy\"><\/span><\/picture><figcaption>\n<p class=\"item-caption\">Source: Gerdau S.A. Filings<\/p>\n<\/figcaption><\/figure>\n<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">These two factors, prudential capital allocation and rising profitability, have had the effect of increasing the firm&#8217;s return on invested capital (ROIC), from 8% in 2018 to 29.7% in 2022. Given the relationship between corporate value and ROIC, Gerdau&#8217;s improving ROIC is a good sign. In the TTM period, ROIC remains 29.7%.<\/p>\n<p class=\"paywall-full-content invisible no-summary-bullets\">\n<figure class=\"regular-img-figure\" contenteditable=\"false\"><picture><span><img decoding=\"async\" src=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/57460347-16850250576796634.png\" alt=\"Source: Gerdau S.A. Filings and Author Calculations\" contenteditable=\"true\" spellcheck=\"false\" data-ms-editor=\"true\" loading=\"lazy\"><\/span><\/picture><figcaption>\n<p class=\"item-caption\">Source: Gerdau S.A. Filings and Author Calculations<\/p>\n<\/figcaption><\/figure>\n<\/p>\n<h2 class=\"paywall-full-content invisible no-summary-bullets\">Valuation<\/h2>\n<p class=\"paywall-full-content invisible no-summary-bullets\">Gerdau&#8217;s price\/earnings (P\/E) multiple is 3.97 compared to 24 for the S&amp;P 500. We have seen that the firm&#8217;s gross profitability, at 0.25, is below the 0.33 threshold for attractiveness, but is trending in the right direction. The firm&#8217;s FCF yield (R$10.14 billion of FCF in the TTM period\/enterprise value) of 23.38% is far above the mean FCF yield of the 2000 largest businesses in America, which New Constructs calculates at 2.7%. This indicates that the firm is producing FCF at a far cheaper price than the market.<\/p>\n<h2 class=\"paywall-full-content invisible no-summary-bullets\">Conclusion<\/h2>\n<p class=\"paywall-full-content invisible no-summary-bullets\">Gerdau is the largest producer of long steel in the Americas and the 30th largest steelmaker in the world. The company has been growing its dividends and FCF over the past five years, which has helped it close the gap on the market&#8217;s performance. In addition, the firm&#8217;s FCF easily supports dividend growth. Gerdau is also de-risking its business and increasing profitability, which is leading to an improving ROIC. The company&#8217;s price-earnings multiple is 3.97 compared to 24 for the S&amp;P 500, and its FCF yield is far above the mean for the market. Overall, Gerdau appears to be a good investment with a bright future.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/seekingalpha.com\/article\/4607577-gerdau-stock-is-positioned-for-long-term-success?source=feed_all_articles\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Americas leading long steel producer, Gerdau S.A. (NYSE:GGB) has lagged the stock market over the last five years, such that the firm is trading at a very low P\/E multiple. However, the firm&#8217;s dividend issuance has been strong enough to keep returns close to the market&#8217;s. In addition, the company is in the right [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-14086","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gerdau Stock: Positioned For Long-Term Success (NYSE:GGB) | iFintechWorld<\/title>\n<meta name=\"description\" content=\"The Americas leading long steel producer, Gerdau S.A. (NYSE:GGB) has lagged the stock market over the last five years, such that the firm is trading at a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=14086\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gerdau Stock: Positioned For Long-Term Success (NYSE:GGB) | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"The Americas leading long steel producer, Gerdau S.A. (NYSE:GGB) has lagged the stock market over the last five years, such that the firm is trading at a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=14086\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-26T11:07:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-26T11:07:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1685099265_image_1402877776.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=14086#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=14086\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Gerdau Stock: Positioned For Long-Term Success (NYSE:GGB)\",\"datePublished\":\"2023-05-26T11:07:45+00:00\",\"dateModified\":\"2023-05-26T11:07:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=14086\"},\"wordCount\":1172,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=14086#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=14086\",\"url\":\"https:\/\/ifintechworld.com\/?p=14086\",\"name\":\"Gerdau Stock: Positioned For Long-Term Success (NYSE:GGB) | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-05-26T11:07:45+00:00\",\"dateModified\":\"2023-05-26T11:07:46+00:00\",\"description\":\"The Americas leading long steel producer, Gerdau S.A. (NYSE:GGB) has lagged the stock market over the last five years, such that the firm is trading at a\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=14086#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=14086\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=14086#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gerdau Stock: Positioned For Long-Term Success (NYSE:GGB)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gerdau Stock: Positioned For Long-Term Success (NYSE:GGB) | iFintechWorld","description":"The Americas leading long steel producer, Gerdau S.A. (NYSE:GGB) has lagged the stock market over the last five years, such that the firm is trading at a","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=14086","og_locale":"en_US","og_type":"article","og_title":"Gerdau Stock: Positioned For Long-Term Success (NYSE:GGB) | iFintechWorld","og_description":"The Americas leading long steel producer, Gerdau S.A. (NYSE:GGB) has lagged the stock market over the last five years, such that the firm is trading at a","og_url":"https:\/\/ifintechworld.com\/?p=14086","og_site_name":"iFintechWorld","article_published_time":"2023-05-26T11:07:45+00:00","article_modified_time":"2023-05-26T11:07:46+00:00","og_image":[{"width":1536,"height":1024,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1685099265_image_1402877776.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=14086#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=14086"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Gerdau Stock: Positioned For Long-Term Success (NYSE:GGB)","datePublished":"2023-05-26T11:07:45+00:00","dateModified":"2023-05-26T11:07:46+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=14086"},"wordCount":1172,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=14086#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=14086","url":"https:\/\/ifintechworld.com\/?p=14086","name":"Gerdau Stock: Positioned For Long-Term Success (NYSE:GGB) | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-05-26T11:07:45+00:00","dateModified":"2023-05-26T11:07:46+00:00","description":"The Americas leading long steel producer, Gerdau S.A. (NYSE:GGB) has lagged the stock market over the last five years, such that the firm is trading at a","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=14086#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=14086"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=14086#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Gerdau Stock: Positioned For Long-Term Success (NYSE:GGB)"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/14086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14086"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/14086\/revisions"}],"predecessor-version":[{"id":14088,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/14086\/revisions\/14088"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/14087"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}