NasdaqGS:SSNC

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SS&C Technologies Holdings

Market Cap

US$20.0b

Last Updated

2021/07/31 22:31 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


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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: SSNC's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

3.6%

SSNC

-0.8%

US Software

-0.5%

US Market


1 Year Return

36.3%

SSNC

38.6%

US Software

35.9%

US Market

Return vs Industry: SSNC underperformed the US Software industry which returned 38.4% over the past year.

Return vs Market: SSNC matched the US Market which returned 35.9% over the past year.


Shareholder returns

SSNCIndustryMarket
7 Day3.6%-0.8%-0.5%
30 Day7.0%3.6%0.09%
90 Day5.6%11.8%3.2%
1 Year37.5%36.3%39.3%38.6%38.0%35.9%
3 Year41.5%38.1%145.7%139.1%62.8%52.6%
5 Year150.8%141.6%351.0%327.7%121.2%96.9%

Long-Term 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

Valuation

Is SS&C Technologies Holdings undervalued compared to its fair value and its price relative to the market?

37.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SSNC ($78.39) is trading below our estimate of fair value ($125.08)

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 (27.9x) compared to the US Software industry average (50x).

PE vs Market: SSNC is poor value based on its PE Ratio (27.9x) compared to the US market (18x).


Price to Earnings Growth Ratio

PEG Ratio: SSNC is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: SSNC is good value based on its PB Ratio (3.4x) compared to the US Software industry average (6.7x).


Future Growth

How is SS&C Technologies Holdings forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

11.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SSNC's forecast earnings growth (11% per year) is above the savings rate (2%).

Earnings vs Market: SSNC's earnings (11% per year) are forecast to grow slower than the US market (14.9% 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 (9.2% 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 (17.5%).


Past Performance

How has SS&C Technologies Holdings performed over the past 5 years?

36.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SSNC has high quality earnings.

Growing Profit Margin: SSNC's current net profit margins (14.9%) are higher than last year (10.8%).


Past Earnings Growth Analysis

Earnings Trend: SSNC's earnings have grown significantly by 36.8% per year over the past 5 years.

Accelerating Growth: SSNC's earnings growth over the past year (42.7%) exceeds its 5-year average (36.8% per year).

Earnings vs Industry: SSNC earnings growth over the past year (42.7%) exceeded the Software industry 34.2%.


Return on Equity

High ROE: SSNC's Return on Equity (12.4%) is considered low.


Financial Health

How is SS&C Technologies Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: SSNC's short term assets ($4.1B) exceed its short term liabilities ($3.9B).

Long Term Liabilities: SSNC's short term assets ($4.1B) do not cover its long term liabilities ($7.7B).


Debt to Equity History and Analysis

Debt Level: SSNC's debt to equity ratio (106.6%) is considered high.

Reducing Debt: SSNC's debt to equity ratio has reduced from 120.1% to 106.6% over the past 5 years.

Debt Coverage: SSNC's debt is not well covered by operating cash flow (19.2%).

Interest Coverage: SSNC's interest payments on its debt are well covered by EBIT (5.4x coverage).


Balance Sheet


Dividend

What is SS&C Technologies Holdings's current dividend yield, its reliability and sustainability?

0.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SSNC's dividend (0.82%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).

High Dividend: SSNC's dividend (0.82%) is low compared to the top 25% of dividend payers in the US market (3.54%).


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 7 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (21.3%), 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% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Bill Stone (66 yo)

35.5yrs

Tenure

US$14,514,142

Compensation

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 ($USD14.51M) is about average for companies of similar size in the US market ($USD11.17M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SSNC's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: SSNC's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SSNC 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

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$20.043b
  • Shares outstanding: 255.68m
  • Website: https://www.ssctech.com

Number of Employees


Location

  • SS&C Technologies Holdings, Inc.
  • 80 Lamberton Road
  • Windsor
  • Connecticut
  • 6095
  • United States

Listings


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 22:31
End of Day Share Price2021/07/30 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.