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NICE

NICE TASE:NICE Stock Report

Last Price

₪670.50

Market Cap

₪42.6b

7D

-3.7%

1Y

-18.1%

Updated

30 Jun, 2022

Data

Company Financials +
NICE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends0/6

NICE Stock Overview

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide.

NICE Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NICE
Historical stock prices
Current Share Price₪670.50
52 Week High₪994.80
52 Week Low₪616.30
Beta0.29
1 Month Change0.06%
3 Month Change-4.34%
1 Year Change-18.07%
3 Year Change32.30%
5 Year Change147.51%
Change since IPO4,401.51%

Recent News & Updates

Jun 26
We Think NICE (TLV:NICE) Can Manage Its Debt With Ease

We Think NICE (TLV:NICE) Can Manage Its Debt With Ease

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Jun 10
NICE (TLV:NICE) Is Looking To Continue Growing Its Returns On Capital

NICE (TLV:NICE) Is Looking To Continue Growing Its Returns On Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...

Shareholder Returns

NICEIL SoftwareIL Market
7D-3.7%-3.0%0.3%
1Y-18.1%-19.0%7.2%

Return vs Industry: NICE underperformed the IL Software industry which returned -14.9% over the past year.

Return vs Market: NICE underperformed the IL Market which returned 9.5% over the past year.

Price Volatility

Is NICE's price volatile compared to industry and market?
NICE volatility
NICE Average Weekly Movement4.3%
Software Industry Average Movement5.9%
Market Average Movement5.6%
10% most volatile stocks in IL Market8.9%
10% least volatile stocks in IL Market3.7%

Stable Share Price: NICE is less volatile than 75% of IL stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: NICE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19867,102Barak Eilamhttps://www.nice.com

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform that supports contact centers ranging from small single sites to distributed remote agents and enterprises; Enlighten, an AI engine for CX that discovers automation opportunities for self-service; digital-entry points solutions that enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connecting them using real time AI-based routing. The company also provides smart self service solutions that empower organizations to build intelligent automated conversations based on data; and prepared agent solutions and tools enable contact center agents to guide and alert them in real time so they can provide resolutions; complete performance solutions that help organizations to record structured and unstructured customer interaction and transaction data; and NICE Evidencentral, an digital evidence management platform for public safety emergency communications, law enforcement, and criminal justice helps agencies.

NICE Fundamentals Summary

How do NICE's earnings and revenue compare to its market cap?
NICE fundamental statistics
Market CapUS$12.18b
Earnings (TTM)US$204.95m
Revenue (TTM)US$1.99b

59.4x

P/E Ratio

6.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NICE income statement (TTM)
RevenueUS$1.99b
Cost of RevenueUS$643.60m
Gross ProfitUS$1.35b
Other ExpensesUS$1.15b
EarningsUS$204.95m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.23
Gross Margin67.72%
Net Profit Margin10.28%
Debt/Equity Ratio24.5%

How did NICE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is NICE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NICE?

Other financial metrics that can be useful for relative valuation.

NICE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.8x
Enterprise Value/EBITDA25.4x
PEG Ratio3x

Price to Earnings Ratio vs Peers

How does NICE's PE Ratio compare to its peers?

NICE PE Ratio vs Peers
The above table shows the PE ratio for NICE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average29.3x
HLAN Hilan
26.3xn/a₪4.1b
TOPS Top Ramdor Systems & Computers (1990)
20.5xn/a₪257.0m
PTC PTC
25.9x19.0%US$12.4b
CTXS Citrix Systems
44.3x9.5%US$12.3b
NICE NICE
59.4x19.9%₪42.6b

Price-To-Earnings vs Peers: NICE is expensive based on its Price-To-Earnings Ratio (59.4x) compared to the peer average (29.3x).


Price to Earnings Ratio vs Industry

How does NICE's PE Ratio compare vs other companies in the Asian Software Industry?

Price-To-Earnings vs Industry: NICE is expensive based on its Price-To-Earnings Ratio (59.4x) compared to the Asian Software industry average (27.8x)


Price to Earnings Ratio vs Fair Ratio

What is NICE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NICE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio59.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NICE's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of NICE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NICE (₪670.5) is trading below our estimate of fair value (₪834.56)

Significantly Below Fair Value: NICE is trading below fair value, but not by a significant amount.


Price to Earnings Growth Ratio

PEG Ratio: NICE is poor value based on its PEG Ratio (3x)


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Future Growth

How is NICE forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NICE's forecast earnings growth (19.9% per year) is above the savings rate (1.5%).

Earnings vs Market: NICE's earnings (19.9% per year) are forecast to grow faster than the IL market (3.9% per year).

High Growth Earnings: NICE's earnings are forecast to grow, but not significantly.

Revenue vs Market: NICE's revenue (12% per year) is forecast to grow faster than the IL market (3.9% per year).

High Growth Revenue: NICE's revenue (12% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NICE's Return on Equity is forecast to be low in 3 years time (17.1%).


Discover growth companies

Past Performance

How has NICE performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NICE has high quality earnings.

Growing Profit Margin: NICE's current net profit margins (10.3%) are lower than last year (12%).


Past Earnings Growth Analysis

Earnings Trend: NICE's earnings have grown by 11.8% per year over the past 5 years.

Accelerating Growth: NICE's earnings growth over the past year (1.1%) is below its 5-year average (11.8% per year).

Earnings vs Industry: NICE earnings growth over the past year (1.1%) underperformed the Software industry 13.3%.


Return on Equity

High ROE: NICE's Return on Equity (7.2%) is considered low.


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Financial Health

How is NICE's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NICE's short term assets ($2.3B) exceed its short term liabilities ($1.2B).

Long Term Liabilities: NICE's short term assets ($2.3B) exceed its long term liabilities ($619.5M).


Debt to Equity History and Analysis

Debt Level: NICE has more cash than its total debt.

Reducing Debt: NICE's debt to equity ratio has reduced from 28.1% to 24.5% over the past 5 years.

Debt Coverage: NICE's debt is well covered by operating cash flow (70.5%).

Interest Coverage: NICE earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is NICE current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate NICE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NICE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NICE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NICE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: NICE is not paying a notable dividend for the IL market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as NICE has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average management tenure


CEO

Barak Eilam (45 yo)

8.17yrs

Tenure

US$20,186,000

Compensation

Mr. Barak Eilam has been the Chief Executive Officer of NICE Ltd. since April 2014. Mr. Eilam served as the President of NICE Americas at NICE Systems Ltd.from July 2012 to March 2014. He served as the He...


CEO Compensation Analysis

Compensation vs Market: Barak's total compensation ($USD20.19M) is above average for companies of similar size in the IL market ($USD2.00M).

Compensation vs Earnings: Barak's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: NICE's management team is seasoned and experienced (5.4 years average tenure).


Board Members

Experienced Board: NICE's board of directors are seasoned and experienced ( 11.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

NICE Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: NICE Ltd.
  • Ticker: NICE
  • Exchange: TASE
  • Founded: 1986
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: ₪42.598b
  • Shares outstanding: 63.53m
  • Website: https://www.nice.com

Number of Employees


Location

  • NICE Ltd.
  • 13 Zarchin Street
  • PO Box 690
  • Ra'anana
  • 4310602
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/30 00:00
End of Day Share Price2022/06/30 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.