NasdaqGS:CSOD

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Executive Summary

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


Snowflake Analysis

Reasonable growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Cornerstone OnDemand's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CSOD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.2%

CSOD

3.7%

US Software

-0.8%

US Market


1 Year Return

-36.8%

CSOD

52.2%

US Software

13.8%

US Market

Return vs Industry: CSOD underperformed the US Software industry which returned 52.2% over the past year.

Return vs Market: CSOD underperformed the US Market which returned 13.8% over the past year.


Shareholder returns

CSODIndustryMarket
7 Day-0.2%3.7%-0.8%
30 Day-4.6%-4.6%-5.0%
90 Day-9.9%10.2%10.1%
1 Year-36.8%-36.8%53.3%52.2%16.4%13.8%
3 Year-15.1%-15.1%148.7%140.4%36.9%27.8%
5 Year1.2%1.2%267.2%246.0%85.0%64.2%

Price Volatility Vs. Market

How volatile is Cornerstone OnDemand's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

16.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CSOD ($34.48) is trading below our estimate of fair value ($41.22)

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


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 (9.1x) compared to the US Software industry average (6.9x).


Next Steps

Future Growth

How is Cornerstone OnDemand forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

112.4%

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 (2.2%).

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 (12.6% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: CSOD's revenue (12.6% 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


Next Steps

Past Performance

How has Cornerstone OnDemand performed over the past 5 years?

31.9%

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 31.9% 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 (13.9%).


Return on Equity

High ROE: CSOD has a negative Return on Equity (-7.26%), as it is currently unprofitable.


Next Steps

Financial Health

How is Cornerstone OnDemand's financial position?


Financial Position Analysis

Short Term Liabilities: CSOD's short term assets ($375.9M) do not cover its short term liabilities ($515.0M).

Long Term Liabilities: CSOD's short term assets ($375.9M) do not cover its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: CSOD's debt to equity ratio (510.2%) is considered high.

Reducing Debt: CSOD's debt to equity ratio has reduced from 1824.8% to 510.2% 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 42.3% per year.


Next Steps

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?

2.7yrs

Average management tenure


CEO

Phil Saunders (54 yo)

0.25

Tenure

Mr. Philip S. Saunders, also known as Phil, serves as Chief Operating Officer at Cornerstone OnDemand, Inc. since 2020 and serves as its CEO since June 15, 2020. He serves as Director at Cornerstone OnDema ...


Leadership Team

NamePositionTenureCompensationOwnership
Adam Miller
Founder & Co-Chairman0.67yrUS$7.79m5.42%
$ 120.2m
Mark Goldin
Chief Technology Officer10.25yrsUS$624.50k0.069%
$ 1.5m
Heidi Spirgi
Chief Marketing & Strategy Officer1.33yrsUS$2.18m0.0058%
$ 128.9k
Jeffrey Lautenbach
President of Global Field Operations2.67yrsUS$798.94k0.036%
$ 798.0k
Philip Saunders
CEO, COO & Director0.25yrno data0.053%
$ 1.2m
Steven Seymour
Co-Founder19.67yrsUS$1.35mno data
Patricia Coughlin
Interim CFO & Chief Accounting Officer0.083yrno data0.022%
$ 488.1k
Adam Weiss
Chief Administrative Officer & General Counsel4.42yrsUS$5.30m0.12%
$ 2.6m
Deaira Irons
Senior Manager of PRno datano datano data
Jason Gold
Vice President of Finance & Corporate Development and Investor Relationsno datano datano data
Theresa Damato
Chief of Staff0.083yrno datano data
Kimberly Cassady
Chief Talent Officerno datano datano data

2.7yrs

Average Tenure

51yo

Average Age

Experienced Management: CSOD's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Adam Miller
Founder & Co-Chairman0.67yrUS$7.79m5.42%
$ 120.2m
Philip Saunders
CEO, COO & Director0.25yrno data0.053%
$ 1.2m
Richard Haddrill
Independent Director2.25yrsUS$262.96k0.033%
$ 730.8k
Steffan Tomlinson
Independent Director3.33yrsUS$270.46k0.030%
$ 667.1k
Joseph Osnoss
Independent Director2.75yrsUS$262.96k0.030%
$ 671.3k
Kristina Salen
Independent Director6.17yrsUS$272.96k0.014%
$ 300.4k
Elisa Steele
Independent Co-Chairwoman0.67yrUS$307.10k0.019%
$ 430.8k
Marcus Ryu
Independent Director2.25yrsUS$257.96k0.019%
$ 430.8k
Robert Cavanaugh
Independent Director5.42yrsUS$257.96k0.037%
$ 814.0k
Dean Carter
Independent Director3.33yrsUS$269.60k0.023%
$ 515.6k

2.5yrs

Average Tenure

51yo

Average Age

Experienced Board: CSOD's board of directors are not considered experienced ( 2.5 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 bought more shares than they have sold 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 6%.


Top Shareholders

Company Information

Cornerstone OnDemand, Inc.'s company bio, 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$2.218b
  • Shares outstanding: 64.34m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSODNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMar 2011
8CODB (Deutsche Boerse AG)YesCommon StockDEEURMar 2011

Biography

Cornerstone OnDemand, Inc., together with its subsidiaries, provides learning and people development solutions through software-as-a-service model worldwide. Its enterprise people development solution comp ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/27 06:09
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.