NasdaqGS:NCNO

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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 limited growth.


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: Insufficient data to determine NCNO's volatility change over the past year.


Market Performance


7 Day Return

8.6%

NCNO

3.1%

US Software

2.8%

US Market


1 Year Return

n/a

NCNO

45.2%

US Software

19.7%

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 Day8.6%3.1%2.8%
30 Day10.9%4.0%8.0%
90 Day-4.4%0.4%6.8%
1 Yearn/a46.2%45.2%22.4%19.7%
3 Yearn/a140.9%133.0%47.3%37.5%
5 Yearn/a216.7%200.0%93.6%72.3%

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?

16.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NCNO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NCNO's fair value to establish if it is undervalued.


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 (17x) compared to the US Software industry average (7.9x).


Next Steps

Future Growth

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

2.2%

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 (21.6% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: NCNO's revenue (21.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NCNO is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has nCino performed over the past 5 years?

-40.7%

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 (8.9%).


Return on Equity

High ROE: NCNO has a negative Return on Equity (-8.19%), as it is currently unprofitable.


Next Steps

Financial Health

How is nCino's financial position?


Financial Position Analysis

Short Term Liabilities: NCNO's short term assets ($429.6M) exceed its short term liabilities ($100.2M).

Long Term Liabilities: NCNO's short term assets ($429.6M) exceed its long term liabilities ($1.7M).


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 49.2% per year.


Next Steps

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?

5.1yrs

Average management tenure


CEO

Pierre Naude (61 yo)

8.83yrs

Tenure

US$2,813,057

Compensation

Mr. Pierre Naude is the Co-Founder and President of nCino, Inc. and has been its Chief Executive Officer since 2012. Mr. Naudé has extensive experience in the financial technology industry. Mr. Naude had b...


CEO Compensation Analysis

Compensation vs Market: Pierre's total compensation ($USD2.81M) is below average for companies of similar size in the US market ($USD6.93M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Pierre Naude
President8.83yrsUS$2.81m0.55%
$ 38.8m
David Rudow
CFO & Treasurer1.08yrsUS$2.56mno data
Joshua Glover
Chief Revenue Officer1.75yrsUS$1.51m0.064%
$ 4.5m
Pullen Daniel
Co-Founderno datano datano data
Katie Smith
Director of Operationsno datano datano data
Jeanette Sellers
Vice President of Accountingno datano data0.00093%
$ 65.1k
Gregory Orenstein
Chief Corporate Development & Legal Officer and Secretary5.08yrsno data0.0011%
$ 77.0k
Jonathan Rowe
Chief Marketing Officerno datano datano data
Sean Desmond
Chief Customer Success Officer7.33yrsno datano data
Izak Cronier
Head of Information Technologyno datano datano data
Trisha Price
Chief Product Officerno datano data0.10%
$ 7.1m
Davis Brannan
Executive Vice President of Global Channels & Partnersno datano datano data

5.1yrs

Average Tenure

49yo

Average Age

Experienced Management: NCNO's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pierre Naude
President8.83yrsUS$2.81m0.55%
$ 38.8m
Jeffrey Horing
Independent Director5.75yrsno data0%
$ 0
Steven Collins
Independent Director0.92yrno data0.035%
$ 2.5m
Jeffrey Lunsford
Independent Chairman of the Boardno datano data0.37%
$ 26.0m
William Ruh
Independent Director7.5yrsno data0.39%
$ 27.3m
Jonathan Doyle
Independent Director0.92yrno data0.027%
$ 1.9m
Spencer Lake
Independent Director3.58yrsUS$30.00k0%
$ 0
Pam Kilday
Independent Director0.92yrno data0%
$ 0

2.3yrs

Average Tenure

57.5yo

Average Age

Experienced Board: NCNO's board of directors are not considered experienced ( 2.3 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$6.996b
  • Shares outstanding: 91.15m
  • Website: https://www.ncino.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NCNONasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJul 2020
6NCDB (Deutsche Boerse AG)YesCommon StockDEEURJul 2020
NCNO *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJul 2020

Biography

nCino, Inc., a software- as- a- service company, provides cloud-based software applications for financial institutions in the United States and internationally. Its operating system offers customer relatio...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 00:09
End of Day Share Price2020/11/25 00:00
Earnings2020/07/31
Annual Earnings2020/01/31


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.