NasdaqGS:SSNC

Stock Analysis Report

SS&C Technologies Holdings

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.

Risks

  • SS&C Technologies Holdings has significant price volatility in the past 3 months.

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

-1.1%

NasdaqGS:SSNC

-3.0%

US Software

-1.0%

US Market


1 Year Return

-18.6%

NasdaqGS:SSNC

18.4%

US Software

-0.4%

US Market

SSNC underperformed the Software industry which returned 18.4% over the past year.

SSNC underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

SSNCIndustryMarket
7 Day-1.1%-3.0%-1.0%
30 Day-21.9%-3.9%-3.3%
90 Day-21.2%0.9%0.4%
1 Year-18.1%-18.6%20.1%18.4%1.8%-0.4%
3 Year47.5%44.5%115.1%106.6%39.4%30.4%
5 Year107.2%100.2%161.0%142.0%54.2%37.1%

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 based on future cash flows and its price relative to the stock market?

23%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

SS&C Technologies Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

SS&C Technologies Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

SS&C Technologies Holdings is good value based on earnings compared to the US Software industry average.

SS&C Technologies Holdings is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

SS&C Technologies Holdings is poor value based on expected growth next year.


Price Based on Value of Assets

SS&C Technologies Holdings is good value based on assets compared to the US Software industry average.


Next Steps

Future Growth

How is SS&C Technologies Holdings expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

17.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

SS&C Technologies Holdings's revenue is expected to grow by 3.2% yearly, however this is not considered high growth (20% yearly).

SS&C Technologies Holdings's earnings are expected to grow by 17.8% yearly, however this is not considered high growth (20% yearly).

SS&C Technologies Holdings's revenue growth is positive but not above the United States of America market average.

SS&C Technologies Holdings's earnings growth is expected to exceed the United States of America market average.

SS&C Technologies Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

SS&C Technologies Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


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

SS&C Technologies Holdings has delivered over 20% year on year earnings growth in the past 5 years.

SS&C Technologies Holdings's 1-year earnings growth exceeds its 5-year average (46.3% vs 21.3%)

SS&C Technologies Holdings's earnings growth has exceeded the US Software industry average in the past year (46.3% vs 45.5%).


Return on Equity

SS&C Technologies Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

SS&C Technologies Holdings used its assets less efficiently than the US Software industry average last year based on Return on Assets.


Return on Capital Employed

SS&C Technologies Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is SS&C Technologies Holdings's financial position?


Financial Position Analysis

SS&C Technologies Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

SS&C Technologies Holdings's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

SS&C Technologies Holdings's level of debt (161.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (50.8% vs 161.9% today).

Debt is not well covered by operating cash flow (11.9%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.3x annual interest expense, ideally 3x coverage).


Balance Sheet

Low level of unsold assets.

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?

0.90%

Expected Dividend Yield


Dividend Yield and Payments Analysis

SS&C Technologies Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

SS&C Technologies Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Whilst dividend payments have been stable, SS&C Technologies Holdings has been paying a dividend for less than 10 years.

Dividend payments have increased, but SS&C Technologies Holdings only paid a dividend in the past 5 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.6x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be thoroughly covered by earnings (10.4x coverage).


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?

8.5yrs

Average management tenure


CEO

Bill Stone (64yo)

33.6yrs

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

Bill's remuneration is higher than average for companies of similar size in United States of America.

Bill's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

8.5yrs

Average Tenure

58.5yo

Average Age

The average tenure for the SS&C Technologies Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

5.8yrs

Average Tenure

63yo

Average Age

The tenure for the SS&C Technologies Holdings board of directors is about average.


Insider Trading

More shares have been bought than sold by SS&C Technologies Holdings individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$96,22805 Aug 19
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Shares2,000
Max PriceUS$48.11
BuyUS$22520 Jun 19
Joseph Frank
EntityIndividual
Role
Senior VP
Shares3.85
Max PriceUS$58.51
SellUS$607,37520 May 19
Joseph Frank
EntityIndividual
Role
Senior VP
Shares10,141
Max PriceUS$59.89
BuyUS$1,015,92007 May 19
Michael Zamkow
EntityIndividual
Role
Member of the Board of Directors
Shares17,000
Max PriceUS$59.76
BuyUS$5,49207 May 19
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Shares93
Max PriceUS$59.05
BuyUS$4,15721 Mar 19
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Shares66
Max PriceUS$62.99
BuyUS$13919 Mar 19
Joseph Frank
EntityIndividual
Role
Senior VP
Shares2.22
Max PriceUS$62.69
BuyUS$4,18926 Dec 18
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Shares97
Max PriceUS$43.19
BuyUS$2819 Dec 18
Joseph Frank
EntityIndividual
Role
Senior VP
Shares0.63
Max PriceUS$44.45
BuyUS$445,79321 Nov 18
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Shares10,000
Max PriceUS$44.58
BuyUS$1,050,35819 Nov 18
Michael Zamkow
EntityIndividual
Role
Member of the Board of Directors
Shares22,100
Max PriceUS$47.53
BuyUS$145,55414 Nov 18
Smita Conjeevaram
EntityIndividual
Role
Member of the Board of Directors
Shares3,000
Max PriceUS$48.52
BuyUS$29,87607 Nov 18
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Shares600
Max PriceUS$49.79
BuyUS$75520 Sep 18
Joseph Frank
EntityIndividual
Role
Senior VP
Shares13.68
Max PriceUS$55.18

Ownership Breakdown


Management Team

  • Steve Kremidas

    Senior VP & Chief Development Officer

  • Jim Ramenda

    Senior Vice President of Enterprise Risk

    • Tenure: 8.5yrs
  • Joe Frank (53yo)

    Senior VP

    • Tenure: 1.5yrs
    • Compensation: $8.55m
  • Justine Stone

    Head of Investor Relations

  • Bill Stone (64yo)

    Founder

    • Tenure: 33.6yrs
    • Compensation: $15.86m
  • Patrick Pedonti (67yo)

    Senior VP & CFO

    • Tenure: 17.0yrs
    • Compensation: $3.98m
  • Henry Toy

    Managing Director of GlobeOp Canada

  • Rahul Kanwar (44yo)

    President & COO

    • Compensation: $8.73m
  • Eamonn Greaves

    Global Head of Sales

  • Anthony Caiafa

    Chief Technology Officer

    • Tenure: 1.0yrs

Board Members

  • Bill Stone (64yo)

    Founder

    • Tenure: 33.6yrs
    • Compensation: $15.86m
  • Jon Michael (66yo)

    Director

    • Tenure: 9.3yrs
    • Compensation: $75.52k
  • Norm Boulanger (57yo)

    Vice Chairman

    • Tenure: 1.0yrs
    • Compensation: $2.55m
  • Smita Conjeevaram (58yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: $75.52k
  • Mike Daniels (64yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: $68.02k
  • David Varsano (57yo)

    Director

    • Tenure: 8.4yrs
    • Compensation: $75.52k
  • Michael Zamkow (63yo)

    Director

    • Tenure: 5.2yrs
    • Compensation: $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$11.533b
  • Shares outstanding: 253.76m
  • Website: Click here

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

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 00:29
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.