NasdaqGS:SSNC

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SS&C Technologies Holdings

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 +/- 4% a week.

Volatility Over Time: SSNC's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.2%

SSNC

-6.3%

US Software

-3.6%

US Market


1 Year Return

19.4%

SSNC

51.0%

US Software

36.5%

US Market

Return vs Industry: SSNC underperformed the US Software industry which returned 51% over the past year.

Return vs Market: SSNC underperformed the US Market which returned 36.4% over the past year.


Shareholder returns

SSNCIndustryMarket
7 Day-0.2%-6.3%-3.6%
30 Day5.4%-0.2%2.7%
90 Day-3.8%4.8%7.5%
1 Year20.5%19.4%52.0%51.0%39.5%36.5%
3 Year35.0%32.0%129.6%122.8%53.5%43.6%
5 Year124.2%116.0%285.6%265.1%117.5%93.2%

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?

34.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SSNC ($66.28) is trading below our estimate of fair value ($100.58)

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 (27.2x) compared to the US Software industry average (48.3x).

PE vs Market: SSNC is poor value based on its PE Ratio (27.2x) compared to the US market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: SSNC is poor value based on its PEG Ratio (2.9x)


Price to Book Ratio

PB vs Industry: SSNC is good value based on its PB Ratio (3x) compared to the US Software industry average (9.3x).


Next Steps

Future Growth

How is SS&C Technologies Holdings forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

9.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SSNC's forecast earnings growth (9.5% per year) is above the savings rate (2%).

Earnings vs Market: SSNC's earnings (9.5% per year) are forecast to grow slower than the US market (20.1% per year).

High Growth Earnings: SSNC's earnings are forecast to grow, but not significantly.

Revenue vs Market: SSNC's revenue (3.4% per year) is forecast to grow slower than the US market (10.4% per year).

High Growth Revenue: SSNC's revenue (3.4% 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 (16.5%).


Next Steps

Past Performance

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

39.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SSNC has high quality earnings.

Growing Profit Margin: SSNC's current net profit margins (13.4%) are higher than last year (9.5%).


Past Earnings Growth Analysis

Earnings Trend: SSNC's earnings have grown significantly by 39.2% per year over the past 5 years.

Accelerating Growth: SSNC's earnings growth over the past year (42.5%) exceeds its 5-year average (39.2% per year).

Earnings vs Industry: SSNC earnings growth over the past year (42.5%) exceeded the Software industry 16%.


Return on Equity

High ROE: SSNC's Return on Equity (10.9%) 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 ($2.3B) exceed its short term liabilities ($2.3B).

Long Term Liabilities: SSNC's short term assets ($2.3B) do not cover its long term liabilities ($7.9B).


Debt to Equity History and Analysis

Debt Level: SSNC's debt to equity ratio (111.7%) is considered high.

Reducing Debt: SSNC's debt to equity ratio has reduced from 130.6% to 111.7% over the past 5 years.

Debt Coverage: SSNC's debt is not well covered by operating cash flow (18.6%).

Interest Coverage: SSNC's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Next Steps

Dividend

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

0.97%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SSNC's dividend (0.97%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: SSNC's dividend (0.97%) is low compared to the top 25% of dividend payers in the US market (3.77%).


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 (21.7%), 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).


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Bill Stone (65 yo)

35.08yrs

Tenure

US$21,620,325

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 ($USD21.62M) is above average for companies of similar size in the US market ($USD10.55M).

Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
William Stone
Founder35.08yrsUS$21.62m12.36%
$ 2.1b
Rahul Kanwar
President & COO2.5yrsUS$10.70m0.020%
$ 3.3m
Patrick Pedonti
Senior VP & CFO18.5yrsUS$5.53m0%
$ 0
Joseph Frank
Senior VP3yrsUS$5.25m0.00035%
$ 59.8k
Anthony Caiafa
Chief Technology Officer2.5yrsno datano data
Justine Stone
Head of Investor Relationsno datano datano data
Eamonn Greaves
Global Head of Sales1.5yrsno datano data
Steve Kremidas
Senior VP & Chief Development Officerno datano datano data
Henry Toy
Managing Director of SS&C GlobeOp Canadano datano datano data
James Ramenda
Senior Vice President of Enterprise Risk10yrsno datano data
Christy Bremner
Senior Vice President of SS&C Institutional & Investment Managementno datano datano data
Thomas McMackin
Senior VP & GMno datano datano data

3.0yrs

Average Tenure

59.5yo

Average Age

Experienced Management: SSNC's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Stone
Founder35.08yrsUS$21.62m12.36%
$ 2.1b
Jonathan Michael
Independent Director10.83yrsUS$82.32k0.041%
$ 7.0m
Normand Boulanger
Vice Chairman2.5yrsUS$372.65k0.090%
$ 15.3m
Smita Conjeevaram
Independent Director5.25yrsUS$82.32k0.0023%
$ 399.7k
Michael Daniels
Independent Director7.33yrsUS$74.82k0.0039%
$ 667.8k
David Varsano
Independent Director9.92yrsUS$82.32k0.021%
$ 3.6m
Michael Zamkow
Independent Director6.67yrsUS$72.32k0.033%
$ 5.6m

7.3yrs

Average Tenure

64yo

Average Age

Experienced Board: SSNC's board of directors are considered experienced (7.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: SSNC insiders have 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$17.080b
  • Shares outstanding: 257.70m
  • Website: https://www.ssctech.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SSNCNasdaqGS (Nasdaq Global Select)YesNew Common StockUSUSDMar 2010
WGSADB (Deutsche Boerse AG)YesNew Common StockDEEURMar 2010
0L1GLSE (London Stock Exchange)YesNew Common StockGBUSDMar 2010
SSNC *BMV (Bolsa Mexicana de Valores)YesNew Common StockMXMXNMar 2010
S1SN34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 6 REPR 1 COM NPVBRBRLOct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/28 23:34
End of Day Share Price2021/02/26 00:00
Earnings2020/12/31
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.