NasdaqGS:NICE

Stock Analysis Report

Executive Summary

NICE Ltd. provides enterprise software solutions worldwide.

Snowflake

Fundamentals

Excellent balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-1.4%

NasdaqGS:NICE

-2.6%

US Software

-0.7%

US Market


1 Year Return

37.3%

NasdaqGS:NICE

18.3%

US Software

-0.5%

US Market

NICE outperformed the Software industry which returned 18.5% over the past year.

NICE outperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

NICEIndustryMarket
7 Day-1.4%-2.6%-0.7%
30 Day1.7%-3.6%-3.0%
90 Day7.4%2.0%0.9%
1 Year37.3%37.3%20.0%18.3%1.7%-0.5%
3 Year125.4%124.5%115.5%107.0%39.5%30.4%
5 Year297.8%289.4%161.0%142.1%54.1%37.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is NICE undervalued based on future cash flows and its price relative to the stock market?

10%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

NICE's share price is below the future cash flow value, but not at a moderate discount (< 20%).

NICE's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

NICE is overvalued based on earnings compared to the US Software industry average.

NICE is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

NICE is poor value based on expected growth next year.


Price Based on Value of Assets

NICE is good value based on assets compared to the US Software industry average.


Next Steps

Future Growth

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

25.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

NICE's revenue is expected to grow by 7.9% yearly, however this is not considered high growth (20% yearly).

NICE's earnings are expected to grow significantly at over 20% yearly.

NICE's revenue growth is expected to exceed the United States of America market average.

NICE's earnings growth is expected to exceed the United States of America market average.

NICE's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

NICE is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has NICE performed over the past 5 years?

12.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

NICE's year on year earnings growth rate has been positive over the past 5 years.

NICE's 1-year earnings growth is less than its 5-year average (10.6% vs 12.3%)

NICE's earnings growth has not exceeded the US Software industry average in the past year (10.6% vs 45.5%).


Return on Equity

NICE has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

NICE used its assets less efficiently than the US Software industry average last year based on Return on Assets.


Return on Capital Employed

NICE's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is NICE's financial position?


Financial Position Analysis

NICE is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

NICE's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

NICE's level of debt (21.6%) compared to net worth is satisfactory (less than 40%).

Unable to establish if NICE's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (86.1%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 38.7x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2x debt.


Next Steps

Dividend

What is NICE's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate NICE's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate NICE's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as NICE has not reported any payouts.

Unable to verify if NICE's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as NICE has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of NICE's salary, the management and board of directors tenure and is there insider trading?

2.7yrs

Average management tenure


CEO

Barak Eilam (43yo)

5.3yrs

Tenure

US$10,416,000

Compensation

Mr. Barak Eilam has been the Chief Executive Officer of NICE Ltd. since April 2014. Mr. Eilam served as the President of NICE Americas at NICE Systems Ltd. from July 2012 to April 2014. He served as the He ...


CEO Compensation Analysis

Barak's remuneration is higher than average for companies of similar size in United States of America.

Barak's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Management Age and Tenure

2.7yrs

Average Tenure

48.5yo

Average Age

The tenure for the NICE management team is about average.


Board Age and Tenure

6.7yrs

Average Tenure

68yo

Average Age

The tenure for the NICE board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Eran Liron (51yo)

    Executive Vice President of Marketing & Corporate Development

    • Tenure: 5.8yrs
  • Paul Jarman (49yo)

    Chief Executive Officer of InContact

    • Tenure: 2.8yrs
    • Compensation: US$4.04m
  • Beth Gaspich (53yo)

    Chief Financial Officer

    • Tenure: 2.8yrs
    • Compensation: US$2.11m
  • Tali Mirsky-Lachman (47yo)

    Corporate VP

    • Tenure: 1.4yrs
  • Barak Eilam (43yo)

    Chief Executive Officer

    • Tenure: 5.3yrs
    • Compensation: US$10.42m
  • Barry Cooper (48yo)

    President of Enterprise Group

    • Tenure: 0.0yrs
  • Craig Costigan (58yo)

    Chief Executive Officer of NICE Actimize

    • Tenure: 1.6yrs
  • Shiri Neder (43yo)

    Executive Vice President of Human Resources

    • Tenure: 1.6yrs
  • Yaron Hertz

    President of Nice Americas

    • Tenure: 0.0yrs
    • Compensation: US$2.30m
  • Darren Rushworth

    President of NICE Asia Pacific

    • Tenure: 2.6yrs

Board Members

  • Dan Falk (74yo)

    Outside Director

    • Tenure: 18.6yrs
  • Shuki Ehrlich (69yo)

    Director

    • Tenure: 6.9yrs
  • Rimon Ben-Shaoul (74yo)

    Director

    • Tenure: 17.9yrs
  • David Kostman (55yo)

    Chairman of the Board

    • Tenure: 6.5yrs
  • Zehava Simon (60yo)

    Outside Director

    • Tenure: 4.1yrs
  • Leo Apotheker (66yo)

    Director

    • Tenure: 6.0yrs
  • Joe Cowan (70yo)

    Director

    • Tenure: 6.0yrs
  • Yocheved Dvir (67yo)

    Outside Director

    • Tenure: 11.6yrs

Company Information

NICE Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NICE Ltd.
  • Ticker: NICE
  • Exchange: NasdaqGS
  • Founded: 1986
  • Industry: Application Software
  • Sector: Software
  • Market Cap: ₪33.179b
  • Listing Market Cap: ₪9.363b
  • Shares outstanding: 62.13m
  • Website: https://www.nice.com

Number of Employees


Location

  • NICE Ltd.
  • 13 Zarchin Street
  • PO Box 690
  • Ra’anana
  • 4310602
  • Israel

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NICETASE (The Tel-Aviv Stock Exchange)YesOrdinary SharesILILSNov 1995
NCSY.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 1995
NICENasdaqGS (Nasdaq Global Select)ADR-EACH CNV INTO 1 ORD ILS1USUSDJan 1996
NSYDB (Deutsche Boerse AG)ADR-EACH CNV INTO 1 ORD ILS1DEEURJan 1996

Biography

NICE Ltd. provides enterprise software solutions worldwide. The company operates in two segments, Customer Engagement, and Financial Crime and Compliance. The Customer Engagement segment offers platform an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 23:44
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.