SS&C Technologies Holdings
Market Cap
US$17.1b
Last Updated
2021/02/28 23:34 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 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
| SSNC | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | -6.3% | -3.6% |
| 30 Day | 5.4% | -0.2% | 2.7% |
| 90 Day | -3.8% | 4.8% | 7.5% |
| 1 Year | 20.5%19.4% | 52.0%51.0% | 39.5%36.5% |
| 3 Year | 35.0%32.0% | 129.6%122.8% | 53.5%43.6% |
| 5 Year | 124.2%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
1 week ago | Simply Wall St
Are Investors Undervaluing SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) By 36%?3 weeks ago | Simply Wall St
Is SS&C Technologies Holdings, Inc.'s (NASDAQ:SSNC) ROE Of 11% Impressive?1 month ago | Simply Wall St
At US$66.39, Is SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) Worth Looking At Closely?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).
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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%).
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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.
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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
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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).
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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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 35.08yrs | US$21.62m | 12.36% $ 2.1b | |
| President & COO | 2.5yrs | US$10.70m | 0.020% $ 3.3m | |
| Senior VP & CFO | 18.5yrs | US$5.53m | 0% $ 0 | |
| Senior VP | 3yrs | US$5.25m | 0.00035% $ 59.8k | |
| Chief Technology Officer | 2.5yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Global Head of Sales | 1.5yrs | 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 | 10yrs | 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 |
3.0yrs
Average Tenure
59.5yo
Average Age
Experienced Management: SSNC's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 35.08yrs | US$21.62m | 12.36% $ 2.1b | |
| Independent Director | 10.83yrs | US$82.32k | 0.041% $ 7.0m | |
| Vice Chairman | 2.5yrs | US$372.65k | 0.090% $ 15.3m | |
| Independent Director | 5.25yrs | US$82.32k | 0.0023% $ 399.7k | |
| Independent Director | 7.33yrs | US$74.82k | 0.0039% $ 667.8k | |
| Independent Director | 9.92yrs | US$82.32k | 0.021% $ 3.6m | |
| Independent Director | 6.67yrs | US$72.32k | 0.033% $ 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
| 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 | 2021/02/28 23:34 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.