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Market Cap

US$5.3b

Last Updated

2021/05/08 00:25 UTC

Data Sources

Company Financials +

Executive Summary

nCino, Inc., a software-as-a-service company, provides cloud-based software applications for financial institutions in the United States and internationally. More Details


Snowflake Analysis

Flawless balance sheet with concerning outlook.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: NCNO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: NCNO's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-13.5%

NCNO

-3.3%

US Software

-0.3%

US Market


1 Year Return

n/a

NCNO

39.0%

US Software

50.2%

US Market

Return vs Industry: Insufficient data to determine how NCNO performed against the US Software industry.

Return vs Market: Insufficient data to determine how NCNO performed against the US Market.


Shareholder returns

NCNOIndustryMarket
7 Day-13.5%-3.3%-0.3%
30 Day-19.9%-1.2%2.2%
90 Day-26.0%-5.1%3.8%
1 Yearn/a39.9%39.0%52.7%50.2%
3 Yearn/a125.2%118.5%63.4%53.1%
5 Yearn/a301.8%279.9%129.6%104.0%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

12.45x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: NCNO ($56.55) is trading above our estimate of fair value ($48.45)

Significantly Below Fair Value: NCNO is trading above our estimate of fair value.


Price To Earnings Ratio

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

PE vs Market: NCNO 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 NCNO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NCNO is overvalued based on its PB Ratio (12.5x) compared to the US Software industry average (7.7x).


Future Growth

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

-0.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NCNO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: NCNO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: NCNO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: NCNO's revenue (19.6% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: NCNO's revenue (19.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NCNO's Return on Equity is forecast to be low in 3 years time (2.2%).


Past Performance

How has nCino performed over the past 5 years?

-46.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: NCNO is currently unprofitable.

Growing Profit Margin: NCNO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if NCNO's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: NCNO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21.4%).


Return on Equity

High ROE: NCNO has a negative Return on Equity (-9.62%), as it is currently unprofitable.


Financial Health

How is nCino's financial position?


Financial Position Analysis

Short Term Liabilities: NCNO's short term assets ($442.2M) exceed its short term liabilities ($115.7M).

Long Term Liabilities: NCNO's short term assets ($442.2M) exceed its long term liabilities ($18.7M).


Debt to Equity History and Analysis

Debt Level: NCNO is debt free.

Reducing Debt: NCNO has not had any debt for 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 NCNO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: NCNO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 77.5% per year.


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if NCNO'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 NCNO'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?

5.6yrs

Average management tenure


CEO

Pierre Naude (61 yo)

9.33yrs

Tenure

US$2,813,057

Compensation

Mr. Pierre Naude has been an Independent Director of Thoma Bravo Advantage since January 14, 2021. He is the Co-Founder and President of nCino, Inc. and has been its Chief Executive Officer since 2012. Mr....


CEO Compensation Analysis

Compensation vs Market: Pierre's total compensation ($USD2.81M) is below average for companies of similar size in the US market ($USD6.50M).

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


Leadership Team

Experienced Management: NCNO's management team is seasoned and experienced (5.6 years average tenure).


Board Members

Experienced Board: NCNO's board of directors are not considered experienced ( 2.8 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: NCNO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: NCNO only recently listed within the past 12 months.


Top Shareholders

Company Information

nCino, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: nCino, Inc.
  • Ticker: NCNO
  • Exchange: NasdaqGS
  • Founded: 2011
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$5.329b
  • Shares outstanding: 94.37m
  • Website: https://www.ncino.com

Number of Employees


Location

  • nCino, Inc.
  • 6770 Parker Farm Drive
  • Wilmington
  • North Carolina
  • 28405
  • United States

Listings


Biography

nCino, Inc., a software-as-a-service company, provides cloud-based software applications for financial institutions in the United States and internationally. Its nCino Bank Operating System, a tenant cloud...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/08 00:25
End of Day Share Price2021/05/07 00:00
Earnings2021/01/31
Annual Earnings2021/01/31


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.