NasdaqGM:UPLD

Stock Analysis Report

Executive Summary

Upland Software, Inc. provides cloud-based enterprise work management software in the United States, the United Kingdom, Canada, and internationally.

Snowflake

Fundamentals

Fair value with mediocre balance sheet.


Similar Companies

Share Price & News

How has Upland Software's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.5%

UPLD

-3.1%

US Software

0.5%

US Market


1 Year Return

25.0%

UPLD

19.9%

US Software

6.8%

US Market

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

Return vs Market: UPLD exceeded the US Market which returned 6.8% over the past year.


Shareholder returns

UPLDIndustryMarket
7 Day-1.5%-3.1%0.5%
30 Day7.1%-3.1%-0.8%
90 Day-13.6%-6.6%-0.9%
1 Year25.0%25.0%21.6%19.9%9.2%6.8%
3 Year363.4%363.4%111.9%103.5%45.6%36.2%
5 Yearn/a163.3%144.3%63.2%45.4%

Price Volatility Vs. Market

How volatile is Upland Software's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Upland Software undervalued compared to its fair value and its price relative to the market?

44.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UPLD ($39.39) is trading below our estimate of fair value ($71.35)

Significantly Below Fair Value: UPLD is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UPLD is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: UPLD is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate UPLD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: UPLD is good value based on its PB Ratio (4.3x) compared to the US Software industry average (5.3x).


Next Steps

Future Growth

How is Upland Software forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

160.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UPLD is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: UPLD is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: UPLD is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: UPLD's revenue (21% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: UPLD's revenue (21% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if UPLD's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Upland Software performed over the past 5 years?

4.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: UPLD is unprofitable, but has reduced losses over the past 5 years at a rate of 4.5% per year.

Accelerating Growth: Unable to compare UPLD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: UPLD is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (19.1%).


Return on Equity

High ROE: UPLD has a negative Return on Equity (-6.72%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: UPLD is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: UPLD is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Upland Software's financial position?


Financial Position Analysis

Short Term Liabilities: UPLD's short term assets ($157.0M) exceeds its short term liabilities ($107.5M)

Long Term Liabilities: UPLD's short term assets (157.0M) do not cover its long term liabilities (317.1M)


Debt to Equity History and Analysis

Debt Level: UPLD's debt to equity ratio (131.1%) is considered high

Reducing Debt: UPLD's debt to equity ratio has increased from 91.4% to 131.1% over the past 5 years.


Balance Sheet

Inventory Level: UPLD has a low level of unsold assets or inventory.

Debt Coverage by Assets: UPLD's debt is not covered by short term assets (assets are 0.5x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable UPLD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: UPLD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.6% per year.


Next Steps

Dividend

What is Upland Software's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate UPLD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate UPLD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if UPLD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if UPLD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of UPLD'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 Upland Software's salary, the management and board of directors tenure and is there insider trading?

6.4yrs

Average management tenure


CEO

Jack McDonald (56yo)

9.3yrs

Tenure

US$5,837,169

Compensation

Mr. John T. McDonald, also known as Jack, J.D., is the Co-Founder, Chairman of The Board and Chief Executive Officer at Silverback Enterprise Group Inc. Mr. McDonald serves as the Chairman and Chief Execut ...


CEO Compensation Analysis

Compensation vs. Market: Jack's total compensation ($USD5.84M) is about average for companies of similar size in the US market ($USD2.70M).

Compensation vs Earnings: Jack's compensation has increased whilst the company is unprofitable.


Management Age and Tenure

6.4yrs

Average Tenure

51.5yo

Average Age

Experienced Management: UPLD's management team is seasoned and experienced (6.4 years average tenure).


Board Age and Tenure

5.1yrs

Average Tenure

56yo

Average Age

Experienced Board: UPLD's board of directors are considered experienced (5.1 years average tenure).


Insider Trading

Insider Buying: UPLD insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$856,22526 Aug 19
David May
EntityIndividual
Role
Lead Director
Lead Independent Director
Shares20,000
Max PriceUS$42.83
SellUS$1,647,63612 Mar 19
Timothy Mattox
EntityIndividual
Role
President
President & COO
Shares41,000
Max PriceUS$40.27
SellUS$25,86119 Nov 18
John McDonald
EntityIndividual
Role
Chief Executive Officer
Founder
Shares841
Max PriceUS$30.75

Ownership Breakdown


Management Team

  • Jack McDonald (56yo)

    Founder

    • Tenure: 9.3yrs
    • Compensation: US$5.84m
  • Mike Hill (51yo)

    CFO, Treasurer & Secretary

    • Tenure: 9.3yrs
    • Compensation: US$2.65m
  • Kin Gill (52yo)

    Senior VP

    • Tenure: 1.3yrs
  • Tim Mattox (53yo)

    President & COO

    • Tenure: 4.7yrs
    • Compensation: US$3.72m
  • Mounir Hilal (42yo)

    Executive VP & Chief Customer Officer

    • Tenure: 7.7yrs
  • Jed Alpert

    Executive VP & GM

    • Tenure: 0yrs
  • Sean Nathaniel (42yo)

    Executive VP & Chief Technology Officer

    • Tenure: 6.4yrs
  • Rochelle Delley

    Vice President of Security & Compliance

    • Tenure: 0yrs
  • Jen Verzal

    Vice President of Human Resources

    • Tenure: 0yrs
  • Paul Miller

    Senior VP & Chief Marketing Officer

    • Tenure: 1.9yrs

Board Members

  • Jack McDonald (56yo)

    Founder

    • Tenure: 9.3yrs
    • Compensation: US$5.84m
  • Stephen Courter (64yo)

    Independent Director

    • Tenure: 5.1yrs
    • Compensation: US$94.99k
  • Rod Favaron (56yo)

    Independent Director

    • Tenure: 5.1yrs
    • Compensation: US$87.49k
  • David May (56yo)

    Lead Independent Director

    • Tenure: 2yrs
    • Compensation: US$115.39k
  • Joe Ross (50yo)

    Independent Director

    • Tenure: 2yrs
    • Compensation: US$78.49k

Company Information

Upland Software, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Upland Software, Inc.
  • Ticker: UPLD
  • Exchange: NasdaqGM
  • Founded: 2010
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$994.539m
  • Shares outstanding: 25.25m
  • Website: https://uplandsoftware.com

Number of Employees


Location

  • Upland Software, Inc.
  • Frost Bank Tower
  • Suite 1850
  • Austin
  • Texas
  • 78701
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UPLDNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDNov 2014
16UDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2014

Biography

Upland Software, Inc. provides cloud-based enterprise work management software in the United States, the United Kingdom, Canada, and internationally. The company offers a family of software applications un ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 00:44
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.