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.


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

-0.6%

SSNC

-3.1%

US Software

0.5%

US Market


1 Year Return

0.4%

SSNC

19.9%

US Software

6.8%

US Market

Return vs Industry: SSNC underperformed the US Software industry which returned 19.9% over the past year.

Return vs Market: SSNC underperformed the US Market which returned 6.8% over the past year.


Shareholder returns

SSNCIndustryMarket
7 Day-0.6%-3.1%0.5%
30 Day-0.2%-3.1%-0.8%
90 Day-13.9%-6.6%-0.9%
1 Year1.2%0.4%21.6%19.9%9.2%6.8%
3 Year56.7%53.5%111.9%103.5%45.6%36.2%
5 Year128.6%120.4%163.3%144.3%63.2%45.4%

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?

18.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SSNC ($50.14) is trading below our estimate of fair value ($61.73)

Significantly Below Fair Value: 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 (39.1x) compared to the Software industry average (46.8x).

PE vs Market: SSNC is poor value based on its PE Ratio (39.1x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

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 (5.3x).


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?

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 (14.6% 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 (7.2% 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

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

company0.8%marketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Years0.8%

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 (1.45%).

High Dividend: SSNC's dividend (0.8%) is low compared to the top 25% of dividend payers in the US market (3.73%).

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 ($USD15.86M) is about average for companies of similar size in the US market ($USD11.18M).

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

BuyUS$27411 Oct 19
Joseph Frank
EntityIndividual
Role
Chief Legal Officer
Senior VP
Shares5.33
Max PriceUS$51.43
BuyUS$96,22805 Aug 19
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,000
Max PriceUS$48.11
BuyUS$22520 Jun 19
Joseph Frank
EntityIndividual
Role
Chief Legal Officer
Senior VP
Shares3.85
Max PriceUS$58.51
SellUS$607,37520 May 19
Joseph Frank
EntityIndividual
Role
Chief Legal Officer
Senior VP
Shares10,141
Max PriceUS$59.89
BuyUS$1,015,92007 May 19
Michael Zamkow
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares17,000
Max PriceUS$59.76
BuyUS$5,49207 May 19
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares93
Max PriceUS$59.05
BuyUS$4,15721 Mar 19
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares66
Max PriceUS$62.99
BuyUS$13919 Mar 19
Joseph Frank
EntityIndividual
Role
Chief Legal Officer
Senior VP
Shares2.22
Max PriceUS$62.69
BuyUS$4,18926 Dec 18
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares97
Max PriceUS$43.19
BuyUS$2819 Dec 18
Joseph Frank
EntityIndividual
Role
Chief Legal Officer
Senior VP
Shares0.63
Max PriceUS$44.45
BuyUS$445,79321 Nov 18
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$44.58
BuyUS$1,050,35819 Nov 18
Michael Zamkow
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares22,100
Max PriceUS$47.53
BuyUS$145,55414 Nov 18
Smita Conjeevaram
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,000
Max PriceUS$48.52
BuyUS$29,87607 Nov 18
Jonathan Michael
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares600
Max PriceUS$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)

    Independent 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)

    Independent Director

    • Tenure: 6yrs
    • Compensation: US$68.02k
  • David Varsano (57yo)

    Independent Director

    • Tenure: 8.6yrs
    • Compensation: US$75.52k
  • Michael Zamkow (63yo)

    Independent 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$12.723b
  • 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

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 Analysis2019/10/21 00:11
End of Day Share Price2019/10/18 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.