Market Cap
US$1.4b
Last Updated
2021/01/21 23:40 UTC
Data Sources
Company Financials +
Executive Summary
Ebix, Inc. provides on-demand software and e-commerce services and solutions to insurance, financial, healthcare, and e-learning industries in the United States and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with high growth potential.
Similar Companies
Share Price & News
How has Ebix's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EBIX is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: EBIX's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
4.0%
EBIX
3.3%
US Software
1.4%
US Market
1 Year Return
24.6%
EBIX
43.5%
US Software
22.6%
US Market
Return vs Industry: EBIX underperformed the US Software industry which returned 44.5% over the past year.
Return vs Market: EBIX exceeded the US Market which returned 22.8% over the past year.
Shareholder returns
| EBIX | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.0% | 3.3% | 1.4% |
| 30 Day | 24.0% | -1.9% | 4.9% |
| 90 Day | 124.9% | 7.3% | 14.6% |
| 1 Year | 26.0%24.6% | 44.4%43.5% | 25.4%22.6% |
| 3 Year | -45.2%-46.4% | 130.6%123.2% | 46.8%37.0% |
| 5 Year | 42.9%38.1% | 282.4%261.8% | 132.0%106.1% |
Long-Term Price Volatility Vs. Market
How volatile is Ebix's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Type Of Returns Would Ebix's(NASDAQ:EBIX) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?4 weeks ago | Simply Wall St
Here's What To Make Of Ebix's (NASDAQ:EBIX) Returns On Capital1 month ago | Simply Wall St
A Note On Ebix, Inc.'s (NASDAQ:EBIX) ROE and Debt To EquityValuation
Is Ebix undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EBIX ($45.03) is trading below our estimate of fair value ($104.83)
Significantly Below Fair Value: EBIX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EBIX is good value based on its PE Ratio (14.5x) compared to the US Software industry average (56.6x).
PE vs Market: EBIX is good value based on its PE Ratio (14.5x) compared to the US market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: EBIX is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: EBIX is good value based on its PB Ratio (2.4x) compared to the US Software industry average (9.7x).
Next Steps
Future Growth
How is Ebix forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
32.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EBIX's forecast earnings growth (32.1% per year) is above the savings rate (2%).
Earnings vs Market: EBIX's earnings (32.1% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EBIX's revenue (20.7% per year) is forecast to grow faster than the US market (10.5% per year).
High Growth Revenue: EBIX's revenue (20.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if EBIX's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Ebix performed over the past 5 years?
2.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EBIX has high quality earnings.
Growing Profit Margin: EBIX's current net profit margins (17.2%) are higher than last year (14.7%).
Past Earnings Growth Analysis
Earnings Trend: EBIX's earnings have grown by 2.3% per year over the past 5 years.
Accelerating Growth: EBIX's earnings growth over the past year (12.9%) exceeds its 5-year average (2.3% per year).
Earnings vs Industry: EBIX earnings growth over the past year (12.9%) underperformed the Software industry 14.3%.
Return on Equity
High ROE: EBIX's Return on Equity (14.9%) is considered low.
Next Steps
Financial Health
How is Ebix's financial position?
Financial Position Analysis
Short Term Liabilities: EBIX's short term assets ($347.0M) exceed its short term liabilities ($198.4M).
Long Term Liabilities: EBIX's short term assets ($347.0M) do not cover its long term liabilities ($721.6M).
Debt to Equity History and Analysis
Debt Level: EBIX's debt to equity ratio (113.5%) is considered high.
Reducing Debt: EBIX's debt to equity ratio has increased from 46.8% to 113.5% over the past 5 years.
Debt Coverage: EBIX's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: EBIX's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Ebix current dividend yield, its reliability and sustainability?
0.67%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EBIX's dividend (0.67%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: EBIX's dividend (0.67%) is low compared to the top 25% of dividend payers in the US market (3.86%).
Stability and Growth of Payments
Stable Dividend: EBIX is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: EBIX 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: EBIX is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EBIX'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?
6.0yrs
Average management tenure
CEO
Robin Raina (54 yo)
21.33yrs
Tenure
US$6,207,584
Compensation
Mr. Robin Raina serves as the Chief Executive Officer and President of Ebix Consulting. Mr. Raina has been the Chairman of Ebix Latin America, LLC and Ebix Inc. since May 31, 2002 and has been its Chief Ex...
CEO Compensation Analysis
Compensation vs Market: Robin's total compensation ($USD6.21M) is above average for companies of similar size in the US market ($USD3.86M).
Compensation vs Earnings: Robin's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 21.33yrs | US$6.21m | 13.35% $ 186.1m | |
| Corporate Executive VP of International Business & Intellectual Property | no data | US$159.86k | 0.054% $ 755.8k | |
| Executive VP & MD of Ebix Australia Group | 6.75yrs | US$234.36k | 0.16% $ 2.3m | |
| Senior Vice President of EbixHealth | no data | US$227.34k | 0.042% $ 580.6k | |
| Executive VP & Global Chief Financial Officer | 0.75yr | no data | 0.098% $ 1.4m | |
| Investor Relations Contact | no data | no data | no data | |
| Compliance Officer | no data | no data | no data | |
| Corporate Vice President of Finance & Human Resources | no data | no data | no data | |
| Managing Director of Ebix New Zealand | no data | no data | no data | |
| President – Insurance Solutions of North America | 6yrs | no data | no data | |
| Head of Consulting Operations | 2.08yrs | no data | no data |
6.0yrs
Average Tenure
60yo
Average Age
Experienced Management: EBIX's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 21.33yrs | US$6.21m | 13.35% $ 186.1m | |
| Independent Director | 16yrs | US$179.00k | 0.32% $ 4.4m | |
| Independent Director | 5.83yrs | US$92.14k | 0.17% $ 2.4m | |
| Independent Director | 16.58yrs | US$211.00k | 0.24% $ 3.4m | |
| Lead Independent Director | 5.92yrs | US$203.00k | 0.056% $ 784.8k | |
| Independent Director | 15.08yrs | US$179.00k | 0.26% $ 3.7m | |
| Independent Director | 15.08yrs | US$195.00k | 0.036% $ 495.4k |
15.1yrs
Average Tenure
57yo
Average Age
Experienced Board: EBIX's board of directors are seasoned and experienced ( 15.1 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Ebix, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ebix, Inc.
- Ticker: EBIX
- Exchange: NasdaqGS
- Founded: 1976
- Industry: Application Software
- Sector: Software
- Market Cap: US$1.394b
- Shares outstanding: 30.96m
- Website: https://www.ebix.com
Number of Employees
Location
- Ebix, Inc.
- 1 Ebix Way
- Johns Creek
- Georgia
- 30097
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EBIX | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jul 1987 |
| EWZ | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1987 |
Biography
Ebix, Inc. provides on-demand software and e-commerce services and solutions to insurance, financial, healthcare, and e-learning industries in the United States and internationally. It develops and deploys...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 23:40 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.