company background image
CSOD

Cornerstone OnDemandNasdaqGS:CSOD Stock Report

Market Cap

US$3.8b

7D

-0.1%

1Y

62.5%

Updated

27 Sep, 2021

Data

Company Financials +
CSOD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

CSOD Overview

Cornerstone OnDemand, Inc., together with its subsidiaries, provides learning and people development solutions as software-as-a-service worldwide.

Cornerstone OnDemand Competitors

Adobe

NasdaqGS:ADBE

US$296.7b

Intuit

NasdaqGS:INTU

US$157.8b

Workday

NasdaqGS:WDAY

US$66.6b

Paycom Software

NYSE:PAYC

US$29.9b

Price History & Performance

Summary of all time highs, changes and price drops for Cornerstone OnDemand
Historical stock prices
Current Share PriceUS$57.19
52 Week HighUS$34.50
52 Week LowUS$57.50
Beta1.3
1 Month Change0.51%
3 Month Change7.80%
1 Year Change62.47%
3 Year Change3.66%
5 Year Change24.65%
Change since IPO199.90%

Recent News & Updates

Aug 05
Is There An Opportunity With Cornerstone OnDemand, Inc.'s (NASDAQ:CSOD) 50% Undervaluation?

Is There An Opportunity With Cornerstone OnDemand, Inc.'s (NASDAQ:CSOD) 50% Undervaluation?

How far off is Cornerstone OnDemand, Inc. ( NASDAQ:CSOD ) from its intrinsic value? Using the most recent financial...

Shareholder Returns

CSODUS SoftwareUS Market
7D-0.1%0.5%0.1%
1Y62.5%38.7%35.3%

Return vs Industry: CSOD exceeded the US Software industry which returned 38.7% over the past year.

Return vs Market: CSOD exceeded the US Market which returned 35.3% over the past year.

Price Volatility

Is CSOD's price volatile compared to industry and market?
CSOD volatility
CSOD Beta1.3
Industry Beta0.95
Market Beta1

Stable Share Price: CSOD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

FoundedEmployeesCEOWebsite
19992,900Phil Saundershttps://www.cornerstoneondemand.com

Cornerstone OnDemand, Inc., together with its subsidiaries, provides learning and people development solutions as software-as-a-service worldwide. Its enterprise people development solutions comprise learning solutions, which provide learning management software to scale with the organization and support compliance, knowledge sharing, and employee-driven development training to close skills gaps; content solution, which provides learning content from its own studios and various quality partners; performance solutions, which provide tools to manage goal setting, performance reviews, competency assessments, compensation management, and succession planning; careers solution, which helps employees understand how to get from their current position to future strategic roles with continuous feedback, goal setting, development plans, career exploration, and engagement survey tools; recruiting solutions, which help organizations to attract, hire, and onboard the right employees; and HR solution, which provides an aggregated view of employee data with workforce planning, self-service management, and compliance reporting capabilities. The company also offers professional services, including application configuration, system integration, business process re-engineering, change management, and training.

Cornerstone OnDemand Fundamentals Summary

How do Cornerstone OnDemand's earnings and revenue compare to its market cap?
CSOD fundamental statistics
Market CapUS$3.82b
Earnings (TTM)-US$27.04m
Revenue (TTM)US$830.04m

4.6x

P/S Ratio

-141.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CSOD income statement (TTM)
RevenueUS$830.04m
Cost of RevenueUS$248.40m
Gross ProfitUS$581.64m
ExpensesUS$608.68m
Earnings-US$27.04m

Valuation

Is Cornerstone OnDemand undervalued compared to its fair value and its price relative to the market?

38.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CSOD ($57.27) is trading below our estimate of fair value ($92.94)

Significantly Below Fair Value: CSOD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CSOD is unprofitable, so we can't compare its PE Ratio to the US Software industry average.

PE vs Market: CSOD is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CSOD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CSOD is overvalued based on its PB Ratio (12.4x) compared to the US Software industry average (7.9x).


Future Growth

How is Cornerstone OnDemand forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

88.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSOD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: CSOD is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CSOD's is expected to become profitable in the next 3 years.

Revenue vs Market: CSOD's revenue (7.3% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: CSOD's revenue (7.3% 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 CSOD's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Cornerstone OnDemand performed over the past 5 years?

27.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSOD is currently unprofitable.

Growing Profit Margin: CSOD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CSOD is unprofitable, but has reduced losses over the past 5 years at a rate of 27.1% per year.

Accelerating Growth: Unable to compare CSOD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CSOD is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.1%).


Return on Equity

High ROE: CSOD has a negative Return on Equity (-8.76%), as it is currently unprofitable.


Financial Health

How is Cornerstone OnDemand's financial position?


Financial Position Analysis

Short Term Liabilities: CSOD's short term assets ($370.3M) do not cover its short term liabilities ($545.5M).

Long Term Liabilities: CSOD's short term assets ($370.3M) do not cover its long term liabilities ($1.1B).


Debt to Equity History and Analysis

Debt Level: CSOD's debt to equity ratio (347.2%) is considered high.

Reducing Debt: CSOD's debt to equity ratio has reduced from 1471.5% to 347.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable CSOD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: CSOD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.1% per year.


Dividend

What is Cornerstone OnDemand current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate CSOD'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 CSOD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CSOD's dividend payments have been 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 CSOD's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

3.2yrs

Average management tenure


CEO

Phil Saunders (55 yo)

1.25yrs

Tenure

US$7,682,314

Compensation

Mr. Philip S. Saunders, also known as Phil, has been a Director and Chief Executive Officer at Cornerstone OnDemand, Inc since July 2020 and June 15, 2020 respectively. Mr. Saunders served as an Interim Ch...


CEO Compensation Analysis

Compensation vs Market: Phil's total compensation ($USD7.68M) is above average for companies of similar size in the US market ($USD5.28M).

Compensation vs Earnings: Insufficient data to compare Phil's compensation with company performance.


Leadership Team

Experienced Management: CSOD's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: CSOD's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: CSOD insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.


Top Shareholders

Company Information

Cornerstone OnDemand, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Cornerstone OnDemand, Inc.
  • Ticker: CSOD
  • Exchange: NasdaqGS
  • Founded: 1999
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$3.823b
  • Shares outstanding: 66.75m
  • Website: https://www.cornerstoneondemand.com

Number of Employees


Location

  • Cornerstone OnDemand, Inc.
  • 1601 Cloverfield Boulevard
  • Suite 600 South
  • Santa Monica
  • California
  • 90404
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 22:06
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.