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SS&C Technologies Holdings

DB:WGSA
Snowflake Description

Reasonable growth potential with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WGSA
DB
$16B
Market Cap
  1. Home
  2. DE
  3. Software
Company description

SS&C Technologies Holdings, Inc. provides software products and software-enabled services to financial services and healthcare industries in the United States, Canada, rest of the Americas, Europe, the Asia Pacific, and Japan. The last earnings update was 47 days ago. More info.


Add to Portfolio Compare Print
  • SS&C Technologies Holdings has significant price volatility in the past 3 months.
WGSA Share Price and Events
7 Day Returns
-0.5%
DB:WGSA
1.4%
DE Software
2.3%
DE Market
1 Year Returns
37.8%
DB:WGSA
11.6%
DE Software
-7.2%
DE Market
WGSA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SS&C Technologies Holdings (WGSA) -0.5% 2.6% 36.7% 37.8% 116.5% 310.5%
DE Software 1.4% 0.6% 11.8% 11.6% 43.2% 78%
DE Market 2.3% 3.1% 8.8% -7.2% 9.3% 12.3%
1 Year Return vs Industry and Market
  • WGSA outperformed the Software industry which returned 11.6% over the past year.
  • WGSA outperformed the Market in Germany which returned -7.2% over the past year.
Price Volatility
WGSA
Industry
5yr Volatility vs Market

WGSA Value

 Is SS&C Technologies Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of SS&C Technologies Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for SS&C Technologies Holdings.

DB:WGSA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 14 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:WGSA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.135 (1 + (1- 21%) (50.21%))
1.392
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.39
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.392 * 5.96%)
8.53%

Discounted Cash Flow Calculation for DB:WGSA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for SS&C Technologies Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:WGSA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.53%)
2019 1,125.75 Analyst x4 1,037.31
2020 1,352.85 Analyst x4 1,148.65
2021 1,388.00 Analyst x1 1,085.91
2022 1,486.00 Analyst x1 1,071.25
2023 1,586.00 Analyst x1 1,053.52
2024 1,648.05 Est @ 3.91% 1,008.74
2025 1,694.31 Est @ 2.81% 955.58
2026 1,728.76 Est @ 2.03% 898.42
2027 1,754.54 Est @ 1.49% 840.19
2028 1,774.06 Est @ 1.11% 782.80
Present value of next 10 years cash flows $9,882.38
DB:WGSA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1,774.06 × (1 + 0.23%) ÷ (8.53% – 0.23%)
$21,429.44
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $21,429.44 ÷ (1 + 8.53%)10
$9,455.68
DB:WGSA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $9,882.38 + $9,455.68
$19,338.05
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $19,338.05 / 252.67
$76.53
DB:WGSA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:WGSA represents 0.88901x of NasdaqGS:SSNC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88901x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 76.53 x 0.88901
€68.04
Value per share (EUR) From above. €68.04
Current discount Discount to share price of €56.87
= -1 x (€56.87 - €68.04) / €68.04
16.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price SS&C Technologies Holdings is available for.
Intrinsic value
16%
Share price is €56.87 vs Future cash flow value of €68.04
Current Discount Checks
For SS&C Technologies Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • SS&C Technologies Holdings's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • SS&C Technologies Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SS&C Technologies Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SS&C Technologies Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:WGSA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.44
NasdaqGS:SSNC Share Price ** NasdaqGS (2019-04-17) in USD $63.97
Germany Software Industry PE Ratio Median Figure of 22 Publicly-Listed Software Companies 36.45x
Germany Market PE Ratio Median Figure of 422 Publicly-Listed Companies 19.43x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SS&C Technologies Holdings.

DB:WGSA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:SSNC Share Price ÷ EPS (both in USD)

= 63.97 ÷ 0.44

144.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SS&C Technologies Holdings is overvalued based on earnings compared to the DE Software industry average.
  • SS&C Technologies Holdings is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does SS&C Technologies Holdings's expected growth come at a high price?
Raw Data
DB:WGSA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 144.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
21.4%per year
Germany Software Industry PEG Ratio Median Figure of 14 Publicly-Listed Software Companies 2.83x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

DB:WGSA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 144.12x ÷ 21.4%

6.75x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SS&C Technologies Holdings is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on SS&C Technologies Holdings's assets?
Raw Data
DB:WGSA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $18.26
NasdaqGS:SSNC Share Price * NasdaqGS (2019-04-17) in USD $63.97
Germany Software Industry PB Ratio Median Figure of 34 Publicly-Listed Software Companies 2.87x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:WGSA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:SSNC Share Price ÷ Book Value per Share (both in USD)

= 63.97 ÷ 18.26

3.5x

* Primary Listing of SS&C Technologies Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SS&C Technologies Holdings is overvalued based on assets compared to the DE Software industry average.
X
Value checks
We assess SS&C Technologies Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. SS&C Technologies Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WGSA Future Performance

 How is SS&C Technologies Holdings expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SS&C Technologies Holdings expected to grow at an attractive rate?
  • SS&C Technologies Holdings's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • SS&C Technologies Holdings's earnings growth is expected to exceed the Germany market average.
  • SS&C Technologies Holdings's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:WGSA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:WGSA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts 21.4%
DB:WGSA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts 7.7%
Germany Software Industry Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Software Industry Revenue Growth Rate Market Cap Weighted Average 7.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:WGSA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:WGSA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 5,522 933 1
2022-12-31 5,321 835 1
2021-12-31 5,111 725 4
2020-12-31 4,953 1,377 628 12
2019-12-31 4,745 1,132 500 13
DB:WGSA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 3,421 640 103
2018-09-30 2,748 484 210
2018-06-30 2,174 395 217
2018-03-31 1,690 482 332
2017-12-31 1,675 472 329
2017-09-30 1,638 490 221
2017-06-30 1,603 474 195
2017-03-31 1,565 458 172
2016-12-31 1,481 418 131
2016-09-30 1,381 347 86
2016-06-30 1,279 269 13
2016-03-31 1,119 218 24

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SS&C Technologies Holdings's earnings are expected to grow significantly at over 20% yearly.
  • SS&C Technologies Holdings's revenue is expected to grow by 7.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:WGSA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from SS&C Technologies Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:WGSA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 3.35 3.35 3.35 1.00
2022-12-31 3.00 3.00 3.00 1.00
2021-12-31 2.61 2.66 2.57 2.00
2020-12-31 2.23 2.38 2.07 5.00
2019-12-31 1.79 1.93 1.60 5.00
DB:WGSA Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.44
2018-09-30 0.94
2018-06-30 1.01
2018-03-31 1.61
2017-12-31 1.61
2017-09-30 1.08
2017-06-30 0.96
2017-03-31 0.85
2016-12-31 0.65
2016-09-30 0.43
2016-06-30 0.06
2016-03-31 0.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • SS&C Technologies Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess SS&C Technologies Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SS&C Technologies Holdings has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WGSA Past Performance

  How has SS&C Technologies Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SS&C Technologies Holdings's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • SS&C Technologies Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • SS&C Technologies Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • SS&C Technologies Holdings's 1-year earnings growth is negative, it can't be compared to the DE Software industry average.
Earnings and Revenue History
SS&C Technologies Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SS&C Technologies Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:WGSA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,421.10 103.20 513.80 305.50
2018-09-30 2,748.50 209.86 419.62 242.33
2018-06-30 2,174.30 217.06 333.72 194.33
2018-03-31 1,689.53 331.97 243.13 153.80
2017-12-31 1,675.30 328.90 238.10 153.30
2017-09-30 1,637.82 220.52 240.00 152.61
2017-06-30 1,602.93 195.07 243.57 152.92
2017-03-31 1,565.00 172.14 241.08 154.69
2016-12-31 1,481.40 131.00 239.60 152.70
2016-09-30 1,381.40 86.07 221.48 150.87
2016-06-30 1,278.99 12.71 237.49 150.56
2016-03-31 1,118.68 23.62 209.15 127.25
2015-12-31 1,000.29 42.86 192.78 110.42
2015-09-30 900.13 67.37 160.46 90.34
2015-06-30 811.83 142.81 106.69 66.89
2015-03-31 787.79 130.93 106.46 63.31
2014-12-31 767.86 131.13 99.47 57.29
2014-09-30 749.65 121.40 96.78 54.77
2014-06-30 736.56 124.04 96.19 53.95
2014-03-31 725.29 122.91 90.79 53.65
2013-12-31 712.70 117.90 87.07 53.86
2013-09-30 701.94 107.10 83.57 53.86
2013-06-30 687.99 81.25 81.88 53.94
2013-03-31 631.39 49.37 76.67 50.94
2012-12-31 551.84 45.82 68.66 45.78
2012-09-30 475.78 43.00 64.19 41.78
2012-06-30 404.54 40.28 57.98 37.91

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • SS&C Technologies Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SS&C Technologies Holdings used its assets less efficiently than the DE Software industry average last year based on Return on Assets.
  • SS&C Technologies Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess SS&C Technologies Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SS&C Technologies Holdings has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WGSA Health

 How is SS&C Technologies Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up SS&C Technologies Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SS&C Technologies Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SS&C Technologies Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of SS&C Technologies Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SS&C Technologies Holdings Company Filings, last reported 3 months ago.

DB:WGSA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4,580.00 8,256.00 166.70
2018-09-30 4,223.00 6,686.10 732.20
2018-06-30 4,203.70 6,910.30 785.10
2018-03-31 2,815.91 1,986.57 74.08
2017-12-31 2,686.40 2,045.20 64.10
2017-09-30 2,507.64 2,217.21 103.28
2017-06-30 2,418.18 2,298.97 90.37
2017-03-31 2,329.07 2,444.55 108.84
2016-12-31 2,258.58 2,501.13 117.56
2016-09-30 2,225.19 2,490.27 101.80
2016-06-30 2,164.43 2,600.85 95.22
2016-03-31 2,138.93 2,724.02 101.83
2015-12-31 2,105.45 2,751.35 434.16
2015-09-30 2,075.25 2,828.94 503.81
2015-06-30 2,117.51 465.61 729.81
2015-03-31 1,337.77 595.25 88.33
2014-12-31 1,346.67 619.74 109.58
2014-09-30 1,328.10 601.55 75.08
2014-06-30 1,313.94 668.20 73.52
2014-03-31 1,257.75 729.85 78.37
2013-12-31 1,231.71 774.51 84.47
2013-09-30 1,196.05 836.16 81.58
2013-06-30 1,115.57 910.81 60.59
2013-03-31 1,093.20 967.47 68.84
2012-12-31 1,075.50 1,012.14 86.16
2012-09-30 1,056.95 1,070.80 80.26
2012-06-30 1,007.17 1,147.06 134.47
  • SS&C Technologies Holdings's level of debt (180.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (62.8% vs 180.3% today).
  • Debt is not well covered by operating cash flow (7.8%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess SS&C Technologies Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SS&C Technologies Holdings has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WGSA Dividends

 What is SS&C Technologies Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.63%
Current annual income from SS&C Technologies Holdings dividends. Estimated to be 0.64% next year.
If you bought €2,000 of SS&C Technologies Holdings shares you are expected to receive €13 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • SS&C Technologies Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • SS&C Technologies Holdings's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:WGSA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
Germany Software Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 1.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:WGSA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.41 3.00
2020-12-31 0.41 5.00
2019-12-31 0.40 5.00
DB:WGSA Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-03-01 0.400 0.634
2018-11-20 0.320 0.651
2018-08-23 0.320 0.606
2018-05-18 0.280 0.524
2018-05-10 0.280 0.570
2018-05-01 0.280 0.574
2017-11-16 0.280 0.598
2017-08-18 0.280 0.706
2017-05-17 0.250 0.652
2017-02-17 0.250 0.692
2016-11-17 0.250 0.812
2016-08-18 0.250 0.776
2016-05-18 0.250 0.827
2016-02-24 0.250 0.820
2015-11-20 0.250 0.783
2015-11-09 0.250 0.699
2015-11-02 0.250 0.697
2015-05-21 0.250 0.749
2015-02-19 0.250 0.811
2014-11-14 0.250 0.909

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SS&C Technologies Holdings is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • SS&C Technologies Holdings is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of SS&C Technologies Holdings's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of SS&C Technologies Holdings's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • No need to calculate the sustainability of SS&C Technologies Holdings's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess SS&C Technologies Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SS&C Technologies Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SS&C Technologies Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WGSA Management

 What is the CEO of SS&C Technologies Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bill Stone
COMPENSATION $15,862,121
AGE 63
TENURE AS CEO 33.3 years
CEO Bio

Mr. William C. Stone, also known as Bill, has been the Chief Executive Officer and Chairman of the Board of Directors of SS&C Technologies Holdings, Inc. and SS&C Technologies, Inc. since 1986. Mr. Stone founded SS&C Technologies Inc. and SS&C Technologies Holdings, Inc., in 1986. He served as the President of SS&C Technologies Holdings Inc. from 1986 to April 1997 and also from March 1999 to October 2004. He served as President of SS&C Technologies Inc. from March 1999 to October 2004 and also as its Secretary. Mr. Stone directed the financial services consulting practice of KPMG LLP in Hartford, Connecticut and served as Vice President of Administration and Special Investment services at Advest, Inc. He served as a New York Stock Exchange and Municipal Securities Rulemaking Board Principal and was an Associated Person with the Commodity Futures Trading Commission. He has been a Non Executive Director of GlobeOp Financial Services S.A since May 31, 2012. He serves as a Director of University of Connecticut Foundation Inc. He served as member of the Board of Advisors of the University of Connecticut 's School of Business. He has held National Association of Securities Dealers (NASD) securities series licenses 6, 7, 8 and 22. Mr. Stone received a Bachelor of Business Administration (BBA) in Accounting from Marquette University.

CEO Compensation
  • Bill's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Bill's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the SS&C Technologies Holdings management team in years:

8.2
Average Tenure
57.5
Average Age
  • The average tenure for the SS&C Technologies Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Bill Stone

TITLE
Founder
COMPENSATION
$16M
AGE
63
TENURE
33.3 yrs

Rahul Kanwar

TITLE
President & COO
COMPENSATION
$9M
AGE
43

Patrick Pedonti

TITLE
Senior VP & CFO
COMPENSATION
$4M
AGE
66
TENURE
16.7 yrs

Joe Frank

TITLE
Senior VP
COMPENSATION
$9M
AGE
52
TENURE
1.2 yrs

Anthony Caiafa

TITLE
Chief Technology Officer
TENURE
0.7 yrs

Justine Stone

TITLE
Investor Relations Coordinator

Steve Kremidas

TITLE
Senior VP & Chief Development Officer

Henry Toy

TITLE
Managing Director of GlobeOp Canada

Jim Ramenda

TITLE
Senior Vice President of Enterprise Risk
TENURE
8.2 yrs

Christy Bremner

TITLE
Senior Vice President of SS&C Institutional & Investment Management
Board of Directors Tenure

Average tenure and age of the SS&C Technologies Holdings board of directors in years:

5.5
Average Tenure
62
Average Age
  • The tenure for the SS&C Technologies Holdings board of directors is about average.
Board of Directors

Norm Boulanger

TITLE
Vice Chairman
COMPENSATION
$3M
AGE
56
TENURE
0.7 yrs

Bill Stone

TITLE
Founder
COMPENSATION
$16M
AGE
63
TENURE
33.3 yrs

Jon Michael

TITLE
Director
COMPENSATION
$76K
AGE
65
TENURE
9 yrs

David Varsano

TITLE
Director
COMPENSATION
$76K
AGE
56
TENURE
8.1 yrs

Mike Daniels

TITLE
Director
COMPENSATION
$68K
AGE
63
TENURE
5.5 yrs

Michael Zamkow

TITLE
Director
COMPENSATION
$68K
AGE
62
TENURE
4.8 yrs

Smita Conjeevaram

TITLE
Director
COMPENSATION
$76K
AGE
57
TENURE
3.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by SS&C Technologies Holdings insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
21. Mar 19 Buy Jonathan Michael Individual 20. Mar 19 20. Mar 19 66 €55.48 €3,661
19. Mar 19 Buy Joseph Frank Individual 18. Mar 19 18. Mar 19 2 €55.31 €123
26. Dec 18 Buy Jonathan Michael Individual 21. Dec 18 21. Dec 18 97 €37.84 €3,671
19. Dec 18 Buy Joseph Frank Individual 18. Dec 18 18. Dec 18 1 €39.11 €24
21. Nov 18 Buy Jonathan Michael Individual 20. Nov 18 20. Nov 18 10,000 €39.12 €391,183
19. Nov 18 Buy Michael Zamkow Individual 15. Nov 18 15. Nov 18 22,100 €42.01 €928,411
14. Nov 18 Buy Smita Conjeevaram Individual 12. Nov 18 12. Nov 18 3,000 €43.13 €129,398
07. Nov 18 Buy Jonathan Michael Individual 05. Nov 18 05. Nov 18 600 €43.67 €26,201
20. Sep 18 Buy Joseph Frank Individual 19. Sep 18 19. Sep 18 14 €47.26 €646
15. May 18 Buy Jonathan Michael Individual 11. May 18 11. May 18 12,543 €41.14 €515,986
X
Management checks
We assess SS&C Technologies Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SS&C Technologies Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WGSA News

Simply Wall St News

WGSA Company Info

Description

SS&C Technologies Holdings, Inc. provides software products and software-enabled services to financial services and healthcare industries in the United States, Canada, rest of the Americas, Europe, the Asia Pacific, and Japan. The company’s products and services allow its clients to automate and integrate front-office functions, such as trading and modeling; middle-office functions, including portfolio management and reporting; and back-office functions comprising accounting, transfer agency, compliance, regulatory services, performance measurement, reconciliation, reporting, processing, and clearing. It provides solutions to clients in institutional asset and wealth management, alternative investment management, brokerage, retirement, financial advisory, and financial institutions vertical markets, commercial lenders, real estate investment trusts, corporate treasury groups, insurance companies, pension funds, municipal finance groups, and real estate property managers. The company also offers health care solutions, such as claims adjudication, benefit management, care management, and business intelligence services to health care industry that include pharmacy, healthcare administration, and health optimization solutions, as well as provides professional and products support services. SS&C Technologies Holdings, Inc. was founded in 1986 and is headquartered in Windsor, Connecticut.

Details
Name: SS&C Technologies Holdings, Inc.
WGSA
Exchange: DB
Founded: 1986
$14,549,019,186
252,672,929
Website: http://www.ssctech.com
Address: SS&C Technologies Holdings, Inc.
80 Lamberton Road,
Windsor,
Connecticut, 06095,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS SSNC New Common Stock Nasdaq Global Select US USD 31. Mar 2010
DB WGSA New Common Stock Deutsche Boerse AG DE EUR 31. Mar 2010
LSE 0L1G New Common Stock London Stock Exchange GB USD 31. Mar 2010
BMV SSNC * New Common Stock Bolsa Mexicana de Valores MX MXN 31. Mar 2010
Number of employees
Current staff
Staff numbers
22,600
SS&C Technologies Holdings employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/17 22:17
End of day share price update: 2019/04/17 00:00
Last estimates confirmation: 2019/04/17
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.