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SS&C Technologies Holdings

Market Cap

US$18.6b

Last Updated

2021/05/05 23:27 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

-2.5%

SSNC

-5.4%

US Software

-1.6%

US Market


1 Year Return

29.2%

SSNC

41.7%

US Software

52.8%

US Market

Return vs Industry: SSNC underperformed the US Software industry which returned 44.4% over the past year.

Return vs Market: SSNC underperformed the US Market which returned 52.4% over the past year.


Shareholder returns

SSNCIndustryMarket
7 Day-2.5%-5.4%-1.6%
30 Day0.9%-1.8%1.3%
90 Day5.9%-4.7%3.5%
1 Year30.4%29.2%42.6%41.7%55.4%52.8%
3 Year52.1%48.6%124.8%118.2%63.5%53.2%
5 Year154.0%144.7%302.1%280.3%125.8%100.7%

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?

37.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SSNC ($72.82) is trading below our estimate of fair value ($116.03)

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 (26.7x) compared to the US Software industry average (50.8x).

PE vs Market: SSNC is poor value based on its PE Ratio (26.7x) compared to the US market (20.6x).


Price to Earnings Growth Ratio

PEG Ratio: SSNC is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: SSNC is good value based on its PB Ratio (3.3x) compared to the US Software industry average (7.8x).


Future Growth

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

8.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SSNC's forecast earnings growth (8.9% per year) is above the savings rate (2%).

Earnings vs Market: SSNC's earnings (8.9% per year) are forecast to grow slower than the US market (16% per year).

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

Revenue vs Market: SSNC's revenue (4% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: SSNC's revenue (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 (14.2%).


Past Performance

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

38.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SSNC has high quality earnings.

Growing Profit Margin: SSNC's current net profit margins (14.8%) are higher than last year (9.8%).


Past Earnings Growth Analysis

Earnings Trend: SSNC's earnings have grown significantly by 38.6% per year over the past 5 years.

Accelerating Growth: SSNC's earnings growth over the past year (53.4%) exceeds its 5-year average (38.6% per year).

Earnings vs Industry: SSNC earnings growth over the past year (53.4%) exceeded the Software industry 21.8%.


Return on Equity

High ROE: SSNC's Return on Equity (12.2%) 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 ($3.2B) exceed its short term liabilities ($3.1B).

Long Term Liabilities: SSNC's short term assets ($3.2B) do not cover its long term liabilities ($7.8B).


Debt to Equity History and Analysis

Debt Level: SSNC's debt to equity ratio (112.5%) is considered high.

Reducing Debt: SSNC's debt to equity ratio has reduced from 127.3% to 112.5% over the past 5 years.

Debt Coverage: SSNC's debt is not well covered by operating cash flow (18.9%).

Interest Coverage: SSNC's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


Dividend

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

0.88%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SSNC's dividend (0.88%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: SSNC's dividend (0.88%) is low compared to the top 25% of dividend payers in the US market (3.42%).


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 (20.7%), 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 (12.9% 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 (65 yo)

35.33yrs

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 ($USD14.51M) is above average for companies of similar size in the US market ($USD11.13M).

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 (7.6 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$18.619b
  • 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 Analysis2021/05/05 23:27
End of Day Share Price2021/05/05 00:00
Earnings2021/03/31
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.