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NCR

DB:NCR1
Snowflake Description

Reasonable growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NCR1
DB
$3B
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

NCR Corporation provides software and services for the financial, retail, hospitality, telecommunications, and technology industries worldwide. The last earnings update was 48 days ago. More info.


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NCR1 Share Price and Events
7 Day Returns
2%
DB:NCR1
1.6%
DE Tech
2.3%
DE Market
1 Year Returns
1.1%
DB:NCR1
0.6%
DE Tech
-7.2%
DE Market
NCR1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NCR (NCR1) 2% 3.3% 13.9% 1.1% -4.2% 3.1%
DE Tech 1.6% 4% 15.2% 0.6% 66.2% 103.8%
DE Market 2.3% 3.1% 8.8% -7.2% 9.3% 12.3%
1 Year Return vs Industry and Market
  • NCR1 outperformed the Market in Germany which returned -7.2% over the past year.
Price Volatility
NCR1
Industry
5yr Volatility vs Market
Related Companies

NCR1 Value

 Is NCR 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 NCR 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 NCR.

DB:NCR1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.4%
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:NCR1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Tech Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.043 (1 + (1- 21%) (91.1%))
1.532
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.53
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.532 * 5.96%)
9.36%

Discounted Cash Flow Calculation for DB:NCR1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for NCR 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:NCR1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.36%)
2019 341.00 Analyst x2 311.82
2020 463.00 Analyst x2 387.15
2021 469.60 Est @ 1.43% 359.07
2022 474.61 Est @ 1.07% 331.84
2023 478.48 Est @ 0.81% 305.92
2024 481.53 Est @ 0.64% 281.53
2025 484.02 Est @ 0.52% 258.76
2026 486.09 Est @ 0.43% 237.63
2027 487.89 Est @ 0.37% 218.10
2028 489.48 Est @ 0.33% 200.09
Present value of next 10 years cash flows $2,891.90
DB:NCR1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $489.48 × (1 + 0.23%) ÷ (9.36% – 0.23%)
$5,373.32
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $5,373.32 ÷ (1 + 9.36%)10
$2,196.48
DB:NCR1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,891.90 + $2,196.48
$5,088.38
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5,088.38 / 118.94
$42.78
DB:NCR1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:NCR1 represents 0.88274x of NYSE:NCR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88274x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 42.78 x 0.88274
€37.76
Value per share (EUR) From above. €37.76
Current discount Discount to share price of €25.79
= -1 x (€25.79 - €37.76) / €37.76
31.7%

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

Current Discount
Amount off the current price NCR is available for.
Intrinsic value
32%
Share price is €25.79 vs Future cash flow value of €37.76
Current Discount Checks
For NCR to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • NCR's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • NCR'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 NCR's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NCR's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:NCR1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.72
NYSE:NCR Share Price ** NYSE (2019-04-17) in USD $29.21
Europe Tech Industry PE Ratio Median Figure of 22 Publicly-Listed Tech Companies 13.62x
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 NCR.

DB:NCR1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:NCR Share Price ÷ EPS (both in USD)

= 29.21 ÷ -0.72

-40.69x

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

  • NCR is loss making, we can't compare its value to the Europe Tech industry average.
  • NCR is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does NCR's expected growth come at a high price?
Raw Data
DB:NCR1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -40.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
95.4%per year
Europe Tech Industry PEG Ratio Median Figure of 12 Publicly-Listed Tech Companies 0.97x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for NCR, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NCR's assets?
Raw Data
DB:NCR1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $3.33
NYSE:NCR Share Price * NYSE (2019-04-17) in USD $29.21
Europe Tech Industry PB Ratio Median Figure of 30 Publicly-Listed Tech Companies 1.32x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.87x
DB:NCR1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:NCR Share Price ÷ Book Value per Share (both in USD)

= 29.21 ÷ 3.33

8.78x

* Primary Listing of NCR.

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

  • NCR is overvalued based on assets compared to the Europe Tech industry average.
X
Value checks
We assess NCR'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 Tech 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 Tech industry average (and greater than 0)? (1 check)
  5. NCR has a total score of 1/6, 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.

NCR1 Future Performance

 How is NCR expected to perform in the next 1 to 3 years based on estimates from 6 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
95.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NCR expected to grow at an attractive rate?
  • NCR's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • NCR's earnings growth is expected to exceed the Germany market average.
  • NCR's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:NCR1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:NCR1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 95.4%
DB:NCR1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 1.8%
Europe Tech Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
Europe Tech Industry Revenue Growth Rate Market Cap Weighted Average 8%
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:NCR1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:NCR1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 6,690 1
2020-12-31 6,659 807 358 6
2019-12-31 6,507 717 253 6
DB:NCR1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 6,405 536 -85
2018-09-30 6,386 631 -85
2018-06-30 6,499 702 -52
2018-03-31 6,555 683 188
2017-12-31 6,516 744 128
2017-09-30 6,536 772 230
2017-06-30 6,550 860 218
2017-03-31 6,577 880 196
2016-12-31 6,543 857 234
2016-09-30 6,421 588 222
2016-06-30 6,357 533 230
2016-03-31 6,341 574 -177

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • NCR's earnings are expected to grow significantly at over 20% yearly.
  • NCR's revenue is expected to grow by 1.8% 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:NCR1 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 6 Analyst Estimates (S&P Global) See Below

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

DB:NCR1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31 2.35 2.35 2.35 1.00
2019-12-31 1.68 1.68 1.68 1.00
DB:NCR1 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.72
2018-09-30 -0.71
2018-06-30 -0.43
2018-03-31 1.55
2017-12-31 1.05
2017-09-30 1.88
2017-06-30 1.77
2017-03-31 1.58
2016-12-31 1.86
2016-09-30 1.64
2016-06-30 1.57
2016-03-31 -1.12

*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.
  • NCR is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess NCR'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
NCR 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.

NCR1 Past Performance

  How has NCR 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 NCR's growth in the last year to its industry (Tech).
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.
  • NCR does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare NCR's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare NCR's 1-year growth to the Europe Tech industry average as it is not currently profitable.
Earnings and Revenue History
NCR'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 NCR Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:NCR1 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 6,405.00 -85.00 887.00 242.00
2018-09-30 6,386.00 -85.00 947.00 263.00
2018-06-30 6,499.00 -52.00 943.00 257.00
2018-03-31 6,555.00 188.00 923.00 252.00
2017-12-31 6,516.00 128.00 919.00 237.00
2017-09-30 6,536.00 230.00 904.00 256.00
2017-06-30 6,550.00 218.00 911.00 260.00
2017-03-31 6,577.00 196.00 917.00 253.00
2016-12-31 6,543.00 234.00 965.00 225.00
2016-09-30 6,421.00 222.00 918.00 214.00
2016-06-30 6,357.00 230.00 917.00 211.00
2016-03-31 6,341.00 -177.00 1,028.00 228.00
2015-12-31 6,373.00 -158.00 1,031.00 230.00
2015-09-30 6,461.00 -164.00 1,068.00 252.00
2015-06-30 6,495.00 -266.00 1,072.00 258.00
2015-03-31 6,549.00 168.00 977.00 255.00
2014-12-31 6,591.00 181.00 985.00 263.00
2014-09-30 6,493.00 349.00 888.00 226.00
2014-06-30 6,354.00 447.00 866.00 220.00
2014-03-31 6,231.00 443.00 843.00 211.00
2013-12-31 6,123.00 452.00 825.00 203.00
2013-09-30 6,095.00 485.00 773.00 176.00
2013-06-30 6,022.00 475.00 772.00 170.00
2013-03-31 5,896.00 478.00 745.00 164.00
2012-12-31 5,730.00 475.00 719.00 155.00
2012-09-30 5,689.00 295.00 806.00 193.00
2012-06-30 5,614.00 230.00 800.00 190.00

*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.
  • It is difficult to establish if NCR has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • NCR used its assets less efficiently than the Europe Tech industry average last year based on Return on Assets.
  • It is difficult to establish if NCR improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess NCR'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 Tech 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.
NCR has a total score of 0/6, 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.

NCR1 Health

 How is NCR'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 NCR's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NCR is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NCR's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of NCR'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 covered by short term assets, assets are 1x 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 NCR Company Filings, last reported 3 months ago.

DB:NCR1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,272.00 3,165.00 464.00
2018-09-30 1,308.00 3,127.00 334.00
2018-06-30 1,220.00 3,112.00 343.00
2018-03-31 1,440.00 3,072.00 348.00
2017-12-31 1,547.00 2,991.00 537.00
2017-09-30 1,587.00 3,253.00 405.00
2017-06-30 1,447.00 3,282.00 377.00
2017-03-31 1,325.00 3,328.00 401.00
2016-12-31 1,561.00 3,051.00 498.00
2016-09-30 1,520.00 3,289.00 318.00
2016-06-30 1,391.00 3,458.00 332.00
2016-03-31 1,357.00 3,521.00 333.00
2015-12-31 1,540.00 3,255.00 328.00
2015-09-30 1,687.00 3,252.00 303.00
2015-06-30 1,614.00 3,479.00 425.00
2015-03-31 1,920.00 3,621.00 462.00
2014-12-31 1,898.00 3,624.00 511.00
2014-09-30 1,944.00 3,752.00 424.00
2014-06-30 1,969.00 3,932.00 483.00
2014-03-31 1,848.00 3,958.00 515.00
2013-12-31 1,797.00 3,364.00 528.00
2013-09-30 1,592.00 2,238.00 460.00
2013-06-30 1,484.00 2,174.00 460.00
2013-03-31 1,391.00 2,106.00 483.00
2012-12-31 1,297.00 1,979.00 1,069.00
2012-09-30 1,036.00 1,479.00 581.00
2012-06-30 996.00 753.00 377.00
  • NCR's level of debt (248.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (187.5% vs 248.8% today).
  • Debt is not well covered by operating cash flow (16.9%, less than 20% of total debt).
  • NCR is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess NCR'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. NCR 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.

NCR1 Dividends

 What is NCR'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%
Current annual income from NCR dividends.
If you bought €2,000 of NCR shares you are expected to receive €0 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?
  • Unable to evaluate NCR's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NCR's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:NCR1 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 6 Analyst Estimates (S&P Global) See Below
Europe Tech Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 1.4%
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:NCR1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

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

  • Unable to perform a dividend volatility check as NCR has not reported any payouts.
  • Unable to verify if NCR's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NCR's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NCR has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess NCR'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 NCR afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NCR 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.

NCR1 Management

 What is the CEO of NCR'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
Mike Hayford
COMPENSATION $14,239,889
AGE 58
TENURE AS CEO 1 years
CEO Bio

Mr. Michael Dale Hayford, also known as Mike, C.P.A., is the President, Chief Executive Officer and Director of NCR Corporation since April 30, 2018. He was Founder and Senior Advisor at Motive Capital Management, LLC until February 2019. Mr. Hayford served as a Founding Partner at the firm. He is an Independent Director of Endurance International Group Holdings, Inc. since June 2013. He had served as Corporate Executive Vice President and Chief Financial Officer of Fidelity National Information Services, Inc. from October 2009 to 2013. As Chief Financial Officer, Mr. Hayford was responsible for all finance, accounting and investor relations activities for the Company. Mr. Hayford served as the Chief Operating Officer at Metavante from May 2006 through September 2009 and as the President from November 2008 through September 2009. He served as President, Chief Operating Officer and Director of Metavante Technologies, Inc. Mr. Hayford joined Metavante in 1992 as Head of Operations and was promoted to Chief Information Officer in 1993. He was Head of Corporate and Product Development at Metavante. Since then, he has held various positions with Metavante, including General Manager of the Financial Products Group with responsibility for application development. In 2001, Mr. Hayford was named Chief Financial Officer and served in this position until July 2007. He left the company in September 2009. From November 2007 through October 2009, Mr. Hayford also served on the board of Metavante. Prior to joining Metavante, Mr. Hayford spent 10 years with Andersen Consulting LLP, the business and technology consulting company now known as Accenture. He was responsible for managing a number of large system integration projects, including the design and development of a worldwide training program for all Accenture new hires. He is a member of the Board of Directors of West Bend Mutual Insurance Company and a member of the Board of Directors of Endurance International Group Holdings, Inc. Mr. Hayford holds a master’s degree in Business Administration from Northwestern University’s Kellogg School of Business, and a B.S. in Accounting and Computer Science from the University of Wisconsin- La Crosse. He is also a Certified Public Accountant.

CEO Compensation
  • Insufficient data for Mike to compare compensation growth.
  • Mike's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the NCR management team in years:

0.9
Average Tenure
58
Average Age
  • The average tenure for the NCR management team is less than 2 years, this suggests a new team.
Management Team

Frank Martire

TITLE
Executive Chairman
COMPENSATION
$7M
AGE
70

Mike Hayford

TITLE
President
COMPENSATION
$14M
AGE
58
TENURE
1 yrs

Andre Fernandez

TITLE
CFO & Executive VP
COMPENSATION
$5M
AGE
50
TENURE
0.7 yrs

Owen Sullivan

TITLE
Chief Operating Officer
COMPENSATION
$7M
AGE
60
TENURE
0.8 yrs

Dan Campbell

TITLE
Executive Vice President of Global Sales
COMPENSATION
$7M
AGE
57
TENURE
1.2 yrs

Tim Vanderham

TITLE
Senior VP & CTO
TENURE
0.8 yrs

Bill VanCuren

TITLE
Senior VP & Chief Information Officer
TENURE
2.9 yrs

Mike Nelson

TITLE
Vice President of Investor Relations

Jim Bedore

TITLE
EVP, General Counsel & Corporate Secretary
AGE
58
TENURE
0.4 yrs

Marija Zivanovic-Smith

TITLE
Senior Vice President of Corporate Marketing
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the NCR board of directors in years:

3.3
Average Tenure
65.5
Average Age
  • The tenure for the NCR board of directors is about average.
Board of Directors

Mike Hayford

TITLE
President
COMPENSATION
$14M
AGE
58
TENURE
1 yrs

Linda Fayne Levinson

TITLE
Director
COMPENSATION
$380K
AGE
76
TENURE
22.3 yrs

Frank Martire

TITLE
Executive Chairman
COMPENSATION
$7M
AGE
70
TENURE
0.9 yrs

Rick Clemmer

TITLE
Director
COMPENSATION
$331K
AGE
67
TENURE
11 yrs

Kurt Kuehn

TITLE
Director
COMPENSATION
$339K
AGE
64
TENURE
6.9 yrs

Chinh Chu

TITLE
Independent Lead Director
COMPENSATION
$364K
AGE
51
TENURE
3.2 yrs

Bob DeRodes

TITLE
Director
COMPENSATION
$320K
AGE
67
TENURE
11 yrs

Greg Blank

TITLE
Director
AGE
37
TENURE
3.3 yrs

Matt Thompson

TITLE
Director
COMPENSATION
$316K
AGE
59
TENURE
1.5 yrs

Debby Farrington

TITLE
Director
COMPENSATION
$320K
AGE
68
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
10. May 18 Buy Michael Hayford Individual 08. May 18 08. May 18 17,500 €24.68 €431,902
X
Management checks
We assess NCR'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. NCR 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.

NCR1 News

Simply Wall St News

NCR1 Company Info

Description

NCR Corporation provides software and services for the financial, retail, hospitality, telecommunications, and technology industries worldwide. The company’s Software segment offers industry-based software platforms, applications, and application suites for the financial services, retail, hospitality, and small business industries; and cash management software, video banking software, fraud and loss prevention, check and document imaging, remote-deposit capture, and customer-facing mobile and digital banking applications for the financial services industry. This segment also provides electronic and mobile payment solutions, sector-specific point of sale (POS) software applications, and back-office inventory, and store and restaurant management applications for the retail and hospitality industries; and software support and maintenance, and consulting and implementation services for its software solutions. Its Services segment offers assessment and preparation, staging, installation, implementation, and maintenance and support; and systems management and managed services for its hardware solutions, as well as installation, maintenance, and services for third party networking products and computer hardware. The company’s Hardware segment offers multi-function and thin-client ATMs, interactive teller machines, cash dispensers, cash recycling ATMs, and hardware for check and image processing; financial services hardware; and POS terminals, self-checkout kiosks, order and payment kiosks, bar code scanners, printers, and peripherals to retailers, restaurants, food service companies, and entertainment and sports venues. This segment also provides self-check in/out kiosk solutions for airlines, hotels, and casinos; and wayfinding solutions, digital signage, bill payment kiosks, and gift registries, as well as resells third party networking products. NCR Corporation was founded in 1884 and is headquartered in Atlanta, Georgia.

Details
Name: NCR Corporation
NCR1
Exchange: DB
Founded: 1884
$3,074,418,691
118,942,554
Website: http://www.ncr.com
Address: NCR Corporation
864 Spring Street Northwest,
Atlanta,
Georgia, 30308,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE NCR Common Stock New York Stock Exchange US USD 11. Dec 1996
DB NCR1 Common Stock Deutsche Boerse AG DE EUR 11. Dec 1996
LSE 0K45 Common Stock London Stock Exchange GB USD 11. Dec 1996
Number of employees
Current staff
Staff numbers
34,000
NCR employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/17 20:57
End of day share price update: 2019/04/17 00:00
Last estimates confirmation: 2019/04/02
Last earnings filing: 2019/02/28
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.