SS&C Technologies Holdings
Market Cap
US$12.7b
Last Updated
2019/10/17 00:14 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.
Snowflake
Fundamentals
Proven track record and fair 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
Market Performance
7 Day Return
1.6%
SSNC
0.5%
US Software
2.3%
US Market
1 Year Return
-2.8%
SSNC
19.6%
US Software
5.6%
US Market
Return vs Industry: SSNC underperformed the US Software industry which returned 19.6% over the past year.
Return vs Market: SSNC underperformed the US Market which returned 5.6% over the past year.
Shareholder returns
| SSNC | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.6% | 0.5% | 2.3% |
| 30 Day | -3.9% | 0.05% | -1.0% |
| 90 Day | -14.2% | -3.8% | -0.7% |
| 1 Year | -2.1%-2.8% | 21.3%19.6% | 7.9%5.6% |
| 3 Year | 58.1%55.0% | 120.2%111.6% | 45.6%36.3% |
| 5 Year | 132.2%123.9% | 177.4%157.4% | 65.8%47.6% |
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
2 days ago | Simply Wall St
Is There Now An Opportunity In SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)?2 weeks ago | Simply Wall St
How Should Investors React To SS&C Technologies Holdings, Inc.'s (NASDAQ:SSNC) CEO Pay?3 weeks ago | Simply Wall St
A Look At The Intrinsic Value Of SS&C Technologies Holdings, Inc. (NASDAQ:SSNC)Valuation
Is SS&C Technologies Holdings undervalued compared to its fair value and its price relative to the market?
18.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: SSNC ($49.91) is trading below our estimate of fair value ($61.44)
Significantly Undervalued: SSNC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SSNC is good value based on its PE Ratio (38.9x) compared to the Software industry average (47.5x).
PE vs Market: SSNC is poor value based on its PE Ratio (38.9x) compared to the US market (17.7x).
Price to Earnings Growth Ratio
Low PEG Ratio: SSNC is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: SSNC is good value based on its PB Ratio (2.6x) compared to the US Software industry average (5.4x).
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?
18.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SSNC's forecast earnings growth (18.5% per year) is above the savings rate (2.7%).
Earnings vs Market: SSNC's earnings (18.5% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: SSNC's earnings are forecast to grow, but not significantly.
Revenue vs Market: SSNC's revenue (3.2% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: SSNC's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: SSNC's Return on Equity is forecast to be low in 3 years time (17.3%).
Next Steps
Past Performance
How has SS&C Technologies Holdings performed over the past 5 years?
21.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: SSNC's earnings have grown significantly by 21.3% per year over the past 5 years.
Accelerating Growth: SSNC's earnings growth over the past year (46.3%) exceeds its 5-year average (21.3% per year).
Earnings vs Industry: SSNC earnings growth over the past year (46.3%) exceeded the Software industry 19.1%.
Return on Equity
High ROE: SSNC's Return on Equity (6.6%) is considered low.
Return on Assets
ROA vs Industry: SSNC's Return on Assets is below or equal to the Software industry average last year.
Return on Capital Employed
ROCE Improving: SSNC has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is SS&C Technologies Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SSNC's short term assets ($2.0B) exceeds its short term liabilities ($1.8B)
Long Term Liabilities: SSNC's short term assets (2.0B) do not cover its long term liabilities (9.5B)
Debt to Equity History and Analysis
Debt Level: SSNC's debt to equity ratio (161.9%) is considered high
Reducing Debt: SSNC's debt to equity ratio has increased from 50.8% to 161.9% over the past 5 years.
Debt Coverage: SSNC's debt is not well covered by operating cash flow (11.9%).
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 0.3x debt).
Next Steps
Dividend
What is SS&C Technologies Holdings's current dividend yield, its reliability and sustainability?
0.80%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: SSNC's dividend (0.8%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.46%).
High Dividend: SSNC's dividend (0.8%) is low compared to the top 25% of dividend payers in the US market (3.76%).
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
What is the CEO of SS&C Technologies Holdings's salary, the management and board of directors tenure and is there insider trading?
5.2yrs
Average management tenure
CEO
Bill Stone (64yo)
33.8yrs
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 about average for companies of similar size in the US market ($USD11.23M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
Management Age and Tenure
5.2yrs
Average Tenure
58.5yo
Average Age
Experienced Management: SSNC's management team is seasoned and experienced (5.2 years average tenure).
Board Age and Tenure
6.0yrs
Average Tenure
63yo
Average Age
Experienced Board: SSNC's board of directors are considered experienced (6 years average tenure).
Insider Trading
Insider Buying: SSNC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 5.33 |
| Max Price | US$51.43 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 2,000 |
| Max Price | US$48.11 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 3.85 |
| Max Price | US$58.51 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 10,141 |
| Max Price | US$59.89 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 17,000 |
| Max Price | US$59.76 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 93 |
| Max Price | US$59.05 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 66 |
| Max Price | US$62.99 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 2.22 |
| Max Price | US$62.69 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 97 |
| Max Price | US$43.19 |
| Entity | Individual |
| Role | Chief Legal Officer Senior VP |
| Shares | 0.63 |
| Max Price | US$44.45 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 10,000 |
| Max Price | US$44.58 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 22,100 |
| Max Price | US$47.53 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 3,000 |
| Max Price | US$48.52 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 600 |
| Max Price | US$49.79 |
Ownership Breakdown
Management Team
Bill Stone (64yo)
Founder
- Tenure: 33.8yrs
- Compensation: US$15.86m
Steve Kremidas
Senior VP & Chief Development Officer
- Tenure: 0yrs
Patrick Pedonti (67yo)
Senior VP & CFO
- Tenure: 17.2yrs
- Compensation: US$3.98m
Henry Toy
Managing Director of SS&C GlobeOp Canada
- Tenure: 0yrs
Jim Ramenda
Senior Vice President of Enterprise Risk
- Tenure: 8.7yrs
Rahul Kanwar (44yo)
President & COO
- Tenure: 0yrs
- Compensation: US$8.73m
Eamonn Greaves
Global Head of Sales
- Tenure: 0.2yrs
Justine Stone
Head of Investor Relations
- Tenure: 0yrs
Joe Frank (53yo)
Senior VP
- Tenure: 1.7yrs
- Compensation: US$8.55m
Anthony Caiafa
Chief Technology Officer
- Tenure: 1.2yrs
Board Members
Bill Stone (64yo)
Founder
- Tenure: 33.8yrs
- Compensation: US$15.86m
Jon Michael (66yo)
Director
- Tenure: 9.5yrs
- Compensation: US$75.52k
Norm Boulanger (57yo)
Vice Chairman
- Tenure: 1.2yrs
- Compensation: US$2.55m
Smita Conjeevaram (58yo)
Director
- Tenure: 3.9yrs
- Compensation: US$75.52k
Mike Daniels (64yo)
Director
- Tenure: 6yrs
- Compensation: US$68.02k
David Varsano (57yo)
Director
- Tenure: 8.6yrs
- Compensation: US$75.52k
Michael Zamkow (63yo)
Director
- Tenure: 5.3yrs
- Compensation: US$68.02k
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$12.665b
- Shares outstanding: 253.76m
- 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 Asi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/17 00:14 |
| End of Day Share Price | 2019/10/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.