SS&C Technologies Holdings
Market Cap
US$16.2b
Last Updated
2020/02/22 02:18 UTC
Data Sources
Company Financials +
Executive Summary
SS&C Technologies Holdings, Inc. provides software products and software-enabled services to financial services and healthcare industries in the United States, Canada, rest of the Americas, Europe, the Asia Pacific, and Japan.
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
-3.4%
SSNC
-2.6%
US Software
-1.0%
US Market
1 Year Return
6.9%
SSNC
35.8%
US Software
18.0%
US Market
Return vs Industry: SSNC underperformed the US Software industry which returned 35.8% over the past year.
Return vs Market: SSNC underperformed the US Market which returned 18% over the past year.
Shareholder returns
| SSNC | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | -2.6% | -1.0% |
| 30 Day | -1.6% | 4.9% | 0.6% |
| 90 Day | 6.8% | 15.2% | 7.9% |
| 1 Year | 7.7%6.9% | 37.3%35.8% | 20.4%18.0% |
| 3 Year | 83.8%80.1% | 145.0%134.6% | 48.0%38.5% |
| 5 Year | 118.3%110.9% | 214.6%191.9% | 72.2%53.3% |
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
Is It Too Late To Consider Buying SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)?3 weeks ago | Simply Wall St
We Think SS&C Technologies Holdings (NASDAQ:SSNC) Can Stay On Top Of Its Debt1 month ago | Simply Wall St
I Ran A Stock Scan For Earnings Growth And SS&C Technologies Holdings (NASDAQ:SSNC) Passed With EaseValuation
Is SS&C Technologies Holdings undervalued compared to its fair value and its price relative to the market?
23.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SSNC ($64) is trading below our estimate of fair value ($83.45)
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 (36.9x) compared to the Software industry average (49.4x).
PE vs Market: SSNC is poor value based on its PE Ratio (36.9x) compared to the US market (18.2x).
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 (3.2x) compared to the US Software industry average (5.9x).
Next Steps
Future Growth
How is SS&C Technologies Holdings forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
13.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SSNC's forecast earnings growth (13.7% per year) is above the savings rate (1.7%).
Earnings vs Market: SSNC's earnings (13.7% per year) are forecast to grow slower than the US market (14.2% 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 (7.6% 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 (17.7%).
Next Steps
Past Performance
How has SS&C Technologies Holdings performed over the past 5 years?
29.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSNC has high quality earnings.
Growing Profit Margin: SSNC's current net profit margins (9.5%) are higher than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: SSNC's earnings have grown significantly by 29.5% per year over the past 5 years.
Accelerating Growth: SSNC's earnings growth over the past year (324.9%) exceeds its 5-year average (29.5% per year).
Earnings vs Industry: SSNC earnings growth over the past year (324.9%) exceeded the Software industry 18.4%.
Return on Equity
High ROE: SSNC's Return on Equity (8.6%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is SS&C Technologies Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SSNC's short term assets ($2.8B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: SSNC's short term assets ($2.8B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: SSNC's debt to equity ratio (138.8%) is considered high.
Reducing Debt: SSNC's debt to equity ratio has increased from 46% to 138.8% over the past 5 years.
Debt Coverage: SSNC's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: SSNC's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
Inventory Level: SSNC has a low level of unsold assets or inventory.
Debt Coverage by Assets: SSNC's debt is not covered by short term assets (assets are 0.4x debt).
Next Steps
Dividend
What is SS&C Technologies Holdings's current dividend yield, its reliability and sustainability?
0.78%
Current Dividend Yield
Upcoming Dividend Payment
Purchase SS&C Technologies Holdings before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SSNC's dividend (0.78%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: SSNC's dividend (0.78%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: SSNC is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: SSNC is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: SSNC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SSNC'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?
5.5yrs
Average management tenure
CEO
Bill Stone (64yo)
34.1yrs
Tenure
US$15,862,121
Compensation
Mr. William C. Stone, also known as Bill, has been the Chief Executive Officer and Chairman of the Board of Directors of SS&C Technologies Holdings, Inc. and SS&C Technologies, Inc. since 1986. Mr. Stone f ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD15.86M) is above average for companies of similar size in the US market ($USD10.79M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 34.1yrs | US$15.86m | 12.58% $2.0b | |
| President & COO | 0yrs | US$8.73m | 0.020% $3.2m | |
| Senior VP & CFO | 17.5yrs | US$3.98m | no data | |
| Senior VP | 2yrs | US$8.55m | 0.00016% $25.9k | |
| Chief Technology Officer | 1.5yrs | no data | no data | |
| Head of Investor Relations | 0yrs | no data | no data | |
| Global Head of Sales | 0.5yrs | no data | no data | |
| Senior VP & Chief Development Officer | 0yrs | no data | no data | |
| Managing Director of SS&C GlobeOp Canada | 0yrs | no data | no data | |
| Senior Vice President of Enterprise Risk | 9yrs | no data | no data |
5.5yrs
Average Tenure
58.5yo
Average Age
Experienced Management: SSNC's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 34.1yrs | US$15.86m | 12.58% $2.0b | |
| Independent Director | 9.8yrs | US$75.52k | 0.024% $3.9m | |
| Vice Chairman | 1.5yrs | US$2.55m | 0.091% $14.7m | |
| Independent Director | 4.3yrs | US$75.52k | 0.0012% $192.5k | |
| Independent Director | 6.3yrs | US$68.02k | no data | |
| Independent Director | 8.9yrs | US$75.52k | 0.013% $2.0m | |
| Independent Director | 5.7yrs | US$68.02k | 0.034% $5.5m |
6.3yrs
Average Tenure
63yo
Average Age
Experienced Board: SSNC's board of directors are considered experienced (6.3 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 been diluted in the past year, with total shares outstanding growing by 8.8%.
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$16.173b
- Shares outstanding: 252.71m
- 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 |
Biography
SS&C Technologies Holdings, Inc. provides software products and software-enabled services to financial services and healthcare industries in the United States, Canada, rest of the Americas, Europe, the Asia Pacific, and Japan. The company’s products and services allow its clients to automate and integrate front-office functions, such as trading and modeling; middle-office functions, including portfolio management and reporting; and back-office functions comprising accounting, transfer agency, compliance, regulatory services, performance measurement, reconciliation, reporting, processing, and clearing. It provides solutions to clients in institutional asset and wealth management, alternative investment management, brokerage, retirement, financial advisory, and financial institutions vertical markets, commercial lenders, real estate investment trusts, corporate treasury groups, insurance companies, pension funds, municipal finance groups, and real estate property managers. The company also offers health care solutions, such as claims adjudication, benefit management, care management, and business intelligence services to health care industry that include pharmacy, healthcare administration, and health optimization solutions, as well as provides professional and products support services. SS&C Technologies Holdings, Inc. was founded in 1986 and is headquartered in Windsor, Connecticut.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/22 02:18 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/12/31 |
| 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.