NYSE:ECOM

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Executive Summary

ChannelAdvisor Corporation provides software-as-a-service (SaaS) solutions in the United States and internationally. More Details


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ECOM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.1%

ECOM

1.1%

US Software

-2.4%

US Market


1 Year Return

55.5%

ECOM

48.3%

US Software

12.0%

US Market

Return vs Industry: ECOM exceeded the US Software industry which returned 48.3% over the past year.

Return vs Market: ECOM exceeded the US Market which returned 12% over the past year.


Shareholder returns

ECOMIndustryMarket
7 Day3.1%1.1%-2.4%
30 Day-19.0%-6.2%-6.5%
90 Day-1.3%7.5%8.4%
1 Year55.5%55.5%49.4%48.3%14.5%12.0%
3 Year25.2%25.2%143.0%134.9%34.8%25.8%
5 Year46.8%46.8%260.4%239.5%82.1%61.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

47.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ECOM ($14.4) is trading below our estimate of fair value ($27.66)

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


Price To Earnings Ratio

PE vs Industry: ECOM is good value based on its PE Ratio (25.2x) compared to the US Software industry average (54.7x).

PE vs Market: ECOM is poor value based on its PE Ratio (25.2x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: ECOM is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: ECOM is good value based on its PB Ratio (3.6x) compared to the US Software industry average (6.7x).


Next Steps

Future Growth

How is ChannelAdvisor forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

20.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ECOM's forecast earnings growth (20.7% per year) is above the savings rate (2.2%).

Earnings vs Market: ECOM's earnings (20.7% per year) are forecast to grow slower than the US market (22.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ECOM's revenue (7.2% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: ECOM's revenue (7.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has ChannelAdvisor performed over the past 5 years?

50.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ECOM has high quality earnings.

Growing Profit Margin: ECOM became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ECOM has become profitable over the past 5 years, growing earnings by 50.1% per year.

Accelerating Growth: ECOM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ECOM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (13.9%).


Return on Equity

High ROE: ECOM's Return on Equity (14.1%) is considered low.


Next Steps

Financial Health

How is ChannelAdvisor's financial position?


Financial Position Analysis

Short Term Liabilities: ECOM's short term assets ($99.5M) exceed its short term liabilities ($36.4M).

Long Term Liabilities: ECOM's short term assets ($99.5M) exceed its long term liabilities ($8.3M).


Debt to Equity History and Analysis

Debt Level: ECOM is debt free.

Reducing Debt: ECOM currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: ECOM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ECOM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is ChannelAdvisor current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ECOM'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 ECOM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ECOM'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 ECOM's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

4.6yrs

Average management tenure


CEO

David Spitz (47 yo)

5.33yrs

Tenure

US$1,513,891

Compensation

Mr. David J. Spitz serves as Senior Advisor at Susquehanna Growth Equity, LLC since joining the firm in September 2020. He is in the firm's Portfolio Value Creation team. He mentors and supports SGE portfo ...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD1.51M) is about average for companies of similar size in the US market ($USD2.03M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
David Spitz
CEO & Director5.33yrsUS$1.51m0.43%
$ 1.8m
Richard Cornetta
CFO & Treasurer1.33yrsUS$866.96k0.12%
$ 502.5k
Elizabeth Segovia
Chief Operating Officer1.08yrsUS$1.12m0.076%
$ 312.8k
Diana Allen
VP, General Counsel & Secretary6.67yrsUS$897.52k0.18%
$ 732.0k
Raiford Garrabrant
Director of Investor Relations0.33yrno datano data
Melissa Sargeant
Chief Marketing Officer4.33yrsno datano data
Amy Robertson
Chief People Officer & VP4yrsno datano data
James Huang
MD & VP of Greater China6.75yrsno datano data
Michal Kaluzynski
Head of Services - EMEA6.42yrsno datano data
Mike Shapaker
MD of EMEA & VP of Product Management4.83yrsno datano data
Vladi Shlesman
Managing Director of EMEA0.083yrno datano data
Håkan Thyr
Director of Strategic Partnerships - EMEA6.42yrsno datano data

4.6yrs

Average Tenure

48.5yo

Average Age

Experienced Management: ECOM's management team is considered experienced (4.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
David Spitz
CEO & Director5.33yrsUS$1.51m0.43%
$ 1.8m
Timothy Buckley
Independent Chairman0.75yrUS$225.14k0.32%
$ 1.3m
Timothy Williams
Independent Director7.83yrsUS$219.39k0.26%
$ 1.1m
Mitchell Wingo
Co-Founder & Director19.67yrsUS$274.66k1.16%
$ 4.8m
Joseph Cowan
Independent Director4.08yrsUS$203.64k0.24%
$ 976.2k
Janet Cowell
Independent Director4.58yrsUS$207.89k0.20%
$ 836.3k
Jon Sakoda
Board Observerno datano datano data
Marshall Heinberg
Independent Director0.75yrno data0.089%
$ 368.8k
Marc Huffman
Independent Director4.5yrsUS$200.64k0.26%
$ 1.1m

4.5yrs

Average Tenure

51yo

Average Age

Experienced Board: ECOM's board of directors are considered experienced (4.5 years average tenure).


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 2.3%.


Top Shareholders

Company Information

ChannelAdvisor Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ChannelAdvisor Corporation
  • Ticker: ECOM
  • Exchange: NYSE
  • Founded: 2001
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$413.056m
  • Shares outstanding: 28.68m
  • Website: https://www.channeladvisor.com

Number of Employees


Location

  • ChannelAdvisor Corporation
  • 3025 Carrington Mill Boulevard
  • Suite 500
  • Morrisville
  • North Carolina
  • 27560
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ECOMNYSE (New York Stock Exchange)YesCommon SharesUSUSDMay 2013
CDLDB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2013

Biography

ChannelAdvisor Corporation provides software-as-a-service (SaaS) solutions in the United States and internationally. The company’s SaaS, a cloud platform that helps brands and retailers to improve their on ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/26 06:17
End of Day Share Price2020/09/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.