Concentrix Corporation provides technology-infused customer experience solutions worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$176.86|
|52 Week High||US$80.00|
|52 Week Low||US$187.22|
|1 Month Change||5.66%|
|3 Month Change||9.97%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||121.08%|
Recent News & Updates
A Look At The Fair Value Of Concentrix Corporation (NASDAQ:CNXC)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Concentrix Corporation...
|CNXC||US IT||US Market|
Return vs Industry: Insufficient data to determine how CNXC performed against the US IT industry.
Return vs Market: Insufficient data to determine how CNXC performed against the US Market.
Stable Share Price: CNXC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CNXC's weekly volatility (3%) has been stable over the past year.
About the Company
Concentrix Corporation provides technology-infused customer experience solutions worldwide. It provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services. The company also offers customer lifecycle management; customer experience/user experience strategy and design; digital transformation; and voice of the customer and analytics solutions.
Concentrix Fundamentals Summary
|CNXC fundamental statistics|
Is CNXC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CNXC income statement (TTM)|
|Cost of Revenue||US$3.44b|
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
|Earnings per share (EPS)||6.55|
|Net Profit Margin||6.31%|
How did CNXC perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Is Concentrix undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CNXC ($176.86) is trading above our estimate of fair value ($50.84)
Significantly Below Fair Value: CNXC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CNXC is good value based on its PE Ratio (27x) compared to the US IT industry average (35.2x).
PE vs Market: CNXC is poor value based on its PE Ratio (27x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: CNXC is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: CNXC is good value based on its PB Ratio (3.6x) compared to the US IT industry average (5.3x).
How is Concentrix forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNXC's forecast earnings growth (13.2% per year) is above the savings rate (2%).
Earnings vs Market: CNXC's earnings (13.2% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: CNXC's earnings are forecast to grow, but not significantly.
Revenue vs Market: CNXC's revenue (7.5% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: CNXC's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CNXC's Return on Equity is forecast to be high in 3 years time
How has Concentrix performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNXC has high quality earnings.
Growing Profit Margin: CNXC's current net profit margins (6.3%) are higher than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: CNXC's earnings have grown significantly by 40.3% per year over the past 5 years.
Accelerating Growth: CNXC's earnings growth over the past year (159.1%) exceeds its 5-year average (40.3% per year).
Earnings vs Industry: CNXC earnings growth over the past year (159.1%) exceeded the IT industry 35.6%.
Return on Equity
High ROE: CNXC's Return on Equity (13.5%) is considered low.
How is Concentrix's financial position?
Financial Position Analysis
Short Term Liabilities: CNXC's short term assets ($1.5B) exceed its short term liabilities ($888.8M).
Long Term Liabilities: CNXC's short term assets ($1.5B) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: CNXC's debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CNXC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CNXC's debt is well covered by operating cash flow (52.1%).
Interest Coverage: CNXC's interest payments on its debt are well covered by EBIT (22.9x coverage).
What is Concentrix current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CNXC's dividend (0.57%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.28%).
High Dividend: CNXC's dividend (0.57%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: CNXC is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: CNXC is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CNXC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Caldwell (48 yo)
Mr. Christopher A. Caldwell, also known as Chris, serves as the President & Chief Executive Officer of Concentrix Corporation since December 2020 and also serves as its Director since December 2020. He ser...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD1.73M) is below average for companies of similar size in the US market ($USD6.35M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Experienced Management: CNXC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: CNXC's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CNXC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: CNXC only recently listed within the past 12 months.
Concentrix Corporation's employee growth, exchange listings and data sources
- Name: Concentrix Corporation
- Ticker: CNXC
- Exchange: NasdaqGS
- Founded: 2009
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$9.237b
- Shares outstanding: 52.23m
- Website: https://www.concentrix.com
Number of Employees
- Concentrix Corporation
- 44111 Nobel Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/27 23:05|
|End of Day Share Price||2021/10/27 00:00|
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.