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XM

Qualtrics International NasdaqGS:XM Stock Report

Last Price

US$14.40

Market Cap

US$8.4b

7D

7.9%

1Y

-67.1%

Updated

15 Aug, 2022

Data

Company Financials +
XM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

XM Stock Overview

Qualtrics International Inc. operates an experience management platform to manage customer, employee, product, and brand experiences worldwide.

Qualtrics International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Qualtrics International
Historical stock prices
Current Share PriceUS$14.40
52 Week HighUS$49.03
52 Week LowUS$11.33
Beta0
1 Month Change13.74%
3 Month Change-7.63%
1 Year Change-67.06%
3 Year Changen/a
5 Year Changen/a
Change since IPO-68.35%

Recent News & Updates

Jul 22
Analysts Have Been Trimming Their Qualtrics International Inc. (NASDAQ:XM) Price Target After Its Latest Report

Analysts Have Been Trimming Their Qualtrics International Inc. (NASDAQ:XM) Price Target After Its Latest Report

It's been a good week for Qualtrics International Inc. ( NASDAQ:XM ) shareholders, because the company has just...

Shareholder Returns

XMUS SoftwareUS Market
7D7.9%3.0%3.6%
1Y-67.1%-14.7%-9.6%

Return vs Industry: XM underperformed the US Software industry which returned -15.5% over the past year.

Return vs Market: XM underperformed the US Market which returned -10.2% over the past year.

Price Volatility

Is XM's price volatile compared to industry and market?
XM volatility
XM Average Weekly Movement10.4%
Software Industry Average Movement10.2%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: XM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: XM's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20024,808Zig Serafinhttps://www.qualtrics.com

Qualtrics International Inc. operates an experience management platform to manage customer, employee, product, and brand experiences worldwide. The company offers The Qualtrics Experience Management Platform, a system of action that guides users with specific instructions for improvement and automated actions to improve experiences, as well as for listening, understanding, and taking action on both structured and unstructured data. It also provides professional services that primarily consist of research services, through its DesignXM, which allows customers to gain market intelligence, as well as implementations, configurations, and integration and engineering services to help customers deploy its XM Platform.

Qualtrics International Fundamentals Summary

How do Qualtrics International's earnings and revenue compare to its market cap?
XM fundamental statistics
Market CapUS$8.43b
Earnings (TTM)-US$1.17b
Revenue (TTM)US$1.28b

6.6x

P/S Ratio

-7.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XM income statement (TTM)
RevenueUS$1.28b
Cost of RevenueUS$362.44m
Gross ProfitUS$917.25m
Other ExpensesUS$2.08b
Earnings-US$1.17b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.99
Gross Margin71.68%
Net Profit Margin-91.22%
Debt/Equity Ratio0%

How did XM perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is XM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for XM?

Other financial metrics that can be useful for relative valuation.

XM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue6.2x
Enterprise Value/EBITDA-7.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does XM's PS Ratio compare to its peers?

XM PS Ratio vs Peers
The above table shows the PS ratio for XM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average9.4x
AVLR Avalara
10.3x19.8%US$8.1b
FIVN Five9
11.6x21.0%US$8.1b
ZEN Zendesk
6.2x18.9%US$9.4b
ESTC Elastic
9.3x22.3%US$8.1b
XM Qualtrics International
6.6x17.3%US$8.4b

Price-To-Sales vs Peers: XM is good value based on its Price-To-Sales Ratio (6.6x) compared to the peer average (9.4x).


Price to Earnings Ratio vs Industry

How does XM's PE Ratio compare vs other companies in the US Software Industry?

Price-To-Sales vs Industry: XM is expensive based on its Price-To-Sales Ratio (6.6x) compared to the US Software industry average (5.4x)


Price to Sales Ratio vs Fair Ratio

What is XM's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

XM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.6x
Fair PS Ratio8.9x

Price-To-Sales vs Fair Ratio: XM is good value based on its Price-To-Sales Ratio (6.6x) compared to the estimated Fair Price-To-Sales Ratio (8.9x).


Share Price vs Fair Value

What is the Fair Price of XM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: XM ($14.4) is trading below our estimate of fair value ($18.81)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Future Growth

How is Qualtrics International forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: XM's revenue (17.3% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: XM's revenue (17.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XM's Return on Equity is forecast to be low in 3 years time (3.3%).


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Past Performance

How has Qualtrics International performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-48.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: XM is currently unprofitable.

Growing Profit Margin: XM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XM is unprofitable, and losses have increased over the past 5 years at a rate of 48.6% per year.

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

Earnings vs Industry: XM is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.7%).


Return on Equity

High ROE: XM has a negative Return on Equity (-60.78%), as it is currently unprofitable.


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Financial Health

How is Qualtrics International's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: XM's short term assets ($1.3B) exceed its short term liabilities ($940.8M).

Long Term Liabilities: XM's short term assets ($1.3B) exceed its long term liabilities ($365.7M).


Debt to Equity History and Analysis

Debt Level: XM is debt free.

Reducing Debt: XM had no debt 5 years ago.


Balance Sheet


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: XM has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if XM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is Qualtrics International current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as XM has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Zig Serafin (48 yo)

2.08yrs

Tenure

US$540,513,050

Compensation

Mr. Zig Serafin serves as an Independent Director at Moody's Corporation since July 14, 2021. He has been the Chief Executive Officer of Qualtrics International Inc. since July 2020 and its Director since...


CEO Compensation Analysis

Compensation vs Market: Zig's total compensation ($USD540.51M) is above average for companies of similar size in the US market ($USD8.19M).

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


Leadership Team

Experienced Management: XM's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: XM's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.8%.


Top Shareholders

Company Information

Qualtrics International Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Qualtrics International Inc.
  • Ticker: XM
  • Exchange: NasdaqGS
  • Founded: 2002
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: US$8.432b
  • Shares outstanding: 585.57m
  • Website: https://www.qualtrics.com

Number of Employees


Location

  • Qualtrics International Inc.
  • 333 West River Park Drive
  • Provo
  • Utah
  • 84604
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/15 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.