SS&C Technologies Holdings
Market Cap
US$16.5b
Last Updated
2020/10/26 23:37 UTC
Data Sources
Company Financials +
Executive Summary
SS&C Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record and good value.
Similar Companies
Share Price & News
How has SS&C Technologies Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SSNC has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.08%
SSNC
-3.1%
US Software
-1.1%
US Market
1 Year Return
23.8%
SSNC
51.7%
US Software
15.6%
US Market
Return vs Industry: SSNC underperformed the US Software industry which returned 56.1% over the past year.
Return vs Market: SSNC exceeded the US Market which returned 17.8% over the past year.
Shareholder returns
| SSNC | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.08% | -3.1% | -1.1% |
| 30 Day | 5.8% | 2.4% | 4.2% |
| 90 Day | 13.6% | 9.1% | 6.3% |
| 1 Year | 24.8%23.8% | 52.7%51.7% | 18.2%15.6% |
| 3 Year | 63.4%59.9% | 132.3%124.5% | 39.6%30.4% |
| 5 Year | 78.5%72.1% | 243.1%223.0% | 79.5%59.2% |
Price Volatility Vs. Market
How volatile is SS&C Technologies Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
When Should You Buy SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)?4 weeks ago | Simply Wall St
Senior VP Joseph Frank Just Sold A Bunch Of Shares In SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)1 month ago | Simply Wall St
Update: SS&C Technologies Holdings (NASDAQ:SSNC) Stock Gained 80% In The Last Five YearsValuation
Is SS&C Technologies Holdings undervalued compared to its fair value and its price relative to the market?
22.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SSNC ($64.06) is trading below our estimate of fair value ($82.34)
Significantly Below Fair Value: SSNC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SSNC is good value based on its PE Ratio (32.3x) compared to the US Software industry average (62.8x).
PE vs Market: SSNC is poor value based on its PE Ratio (32.3x) compared to the US market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: SSNC is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: SSNC is good value based on its PB Ratio (3.1x) compared to the US Software industry average (7.1x).
Next Steps
Future Growth
How is SS&C Technologies Holdings forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
12.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SSNC's forecast earnings growth (12% per year) is above the savings rate (2.2%).
Earnings vs Market: SSNC's earnings (12% per year) are forecast to grow slower than the US market (22.1% per year).
High Growth Earnings: SSNC's earnings are forecast to grow, but not significantly.
Revenue vs Market: SSNC's revenue (3.5% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: SSNC's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SSNC's Return on Equity is forecast to be low in 3 years time (17.9%).
Next Steps
Past Performance
How has SS&C Technologies Holdings performed over the past 5 years?
36.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSNC has high quality earnings.
Growing Profit Margin: SSNC's current net profit margins (10.8%) are higher than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: SSNC's earnings have grown significantly by 36% per year over the past 5 years.
Accelerating Growth: SSNC's earnings growth over the past year (58.9%) exceeds its 5-year average (36% per year).
Earnings vs Industry: SSNC earnings growth over the past year (58.9%) exceeded the Software industry 14.4%.
Return on Equity
High ROE: SSNC's Return on Equity (9.5%) is considered low.
Next Steps
Financial Health
How is SS&C Technologies Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SSNC's short term assets ($1.9B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: SSNC's short term assets ($1.9B) do not cover its long term liabilities ($8.5B).
Debt to Equity History and Analysis
Debt Level: SSNC's debt to equity ratio (128.8%) is considered high.
Reducing Debt: SSNC's debt to equity ratio has increased from 24.4% to 128.8% over the past 5 years.
Debt Coverage: SSNC's debt is well covered by operating cash flow (21.4%).
Interest Coverage: SSNC's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
Next Steps
Dividend
What is SS&C Technologies Holdings's current dividend yield, its reliability and sustainability?
0.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SSNC's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.63%).
High Dividend: SSNC's dividend (0.87%) is low compared to the top 25% of dividend payers in the US market (4.56%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SSNC has been paying a dividend for less than 10 years.
Growing Dividend: SSNC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.9%), SSNC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SSNC's dividends in 3 years are forecast to be thoroughly covered by earnings (12.7% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.7yrs
Average management tenure
CEO
Bill Stone (65 yo)
34.75yrs
Tenure
Mr. William C. Stone, also known as Bill, has been the Chief Executive Officer and Chairman of the Board of Directors of SS&C Technologies Holdings, Inc. and SS&C Technologies, Inc. since 1986. Mr. Stone f ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD11.16M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & COO | 2.17yrs | US$10.70m | 0.019% $ 3.2m | |
| Senior VP & CFO | 18.17yrs | US$5.53m | 0% $ 0 | |
| Senior VP | 2.67yrs | US$5.25m | 0.00075% $ 123.8k | |
| Founder | 34.75yrs | no data | 12.34% $ 2.0b | |
| Chief Technology Officer | 2.17yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Global Head of Sales | 1.17yrs | no data | no data | |
| Senior VP & Chief Development Officer | no data | no data | no data | |
| Managing Director of SS&C GlobeOp Canada | no data | no data | no data | |
| Senior Vice President of Enterprise Risk | 9.67yrs | no data | no data | |
| Senior Vice President of SS&C Institutional & Investment Management | no data | no data | no data | |
| Senior VP & GM | no data | no data | no data |
2.7yrs
Average Tenure
59.5yo
Average Age
Experienced Management: SSNC's management team is considered experienced (2.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 34.75yrs | no data | 12.34% $ 2.0b | |
| Independent Director | 10.5yrs | US$82.32k | 0.041% $ 6.7m | |
| Vice Chairman | 2.17yrs | US$372.65k | 0.089% $ 14.7m | |
| Independent Director | 4.92yrs | US$82.32k | 0.0023% $ 384.5k | |
| Independent Director | 7yrs | US$74.82k | 0.0039% $ 640.2k | |
| Independent Director | 9.58yrs | US$82.32k | 0.021% $ 3.5m | |
| Independent Director | 6.33yrs | US$72.32k | 0.033% $ 5.4m |
7.0yrs
Average Tenure
64yo
Average Age
Experienced Board: SSNC's board of directors are considered experienced (7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SSNC insiders have sold more shares than they have bought 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
SS&C Technologies Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: SS&C Technologies Holdings, Inc.
- Ticker: SSNC
- Exchange: NasdaqGS
- Founded: 1986
- Industry: Application Software
- Sector: Software
- Market Cap: US$16.500b
- Shares outstanding: 257.58m
- Website: https://www.ssctech.com
Number of Employees
Location
- SS&C Technologies Holdings, Inc.
- 80 Lamberton Road
- Windsor
- Connecticut
- 6095
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SSNC | NasdaqGS (Nasdaq Global Select) | Yes | New Common Stock | US | USD | Mar 2010 |
| WGSA | DB (Deutsche Boerse AG) | Yes | New Common Stock | DE | EUR | Mar 2010 |
| 0L1G | LSE (London Stock Exchange) | Yes | New Common Stock | GB | USD | Mar 2010 |
| SSNC * | BMV (Bolsa Mexicana de Valores) | Yes | New Common Stock | MX | MXN | Mar 2010 |
| S1SN34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 6 REPR 1 COM NPV | BR | BRL | Oct 2020 |
Biography
SS&C Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates tec ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/26 23:37 |
| End of Day Share Price | 2020/10/26 00:00 |
| Earnings | 2020/06/30 |
| 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.