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MLNK

MeridianLink NYSE:MLNK Stock Report

Last Price

US$18.52

Market Cap

US$1.5b

7D

16.6%

1Y

n/a

Updated

24 Jun, 2022

Data

Company Financials +
MLNK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

MLNK Stock Overview

MeridianLink, Inc., a software and services company, provides software solutions for banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies in the United States.

MeridianLink Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for MeridianLink
Historical stock prices
Current Share PriceUS$18.52
52 Week HighUS$29.00
52 Week LowUS$13.81
Beta0
1 Month Change3.18%
3 Month Change3.58%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-24.72%

Recent News & Updates

May 15
MeridianLink, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

MeridianLink, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

MeridianLink, Inc. ( NYSE:MLNK ) just released its latest first-quarter results and things are looking bullish. The...

Shareholder Returns

MLNKUS SoftwareUS Market
7D16.6%9.9%6.6%
1Yn/a-18.1%-18.5%

Return vs Industry: Insufficient data to determine how MLNK performed against the US Software industry.

Return vs Market: Insufficient data to determine how MLNK performed against the US Market.

Price Volatility

Is MLNK's price volatile compared to industry and market?
MLNK volatility
MLNK Average Weekly Movement7.7%
Software Industry Average Movement11.1%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: MLNK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MLNK's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998622Nicolaas Vlokhttps://www.meridianlink.com

MeridianLink, Inc., a software and services company, provides software solutions for banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies in the United States. The company offers MeridianLink Consumer, a consumer lending and account opening platform; MeridianLink Opening, an online account opening software that unifies deposit account opening and funding for various channels and products; and MeridianLink DecisionLender, a loan origination software (LOS) for finance companies. It also provides MeridianLink Engage, an end-to-end consumer lending, account, and card marketing automation solution; MeridianLink Mortgage, a SaaS cloud-based end-to-end loan origination software; MeridianLink Collect, a cloud-based debt collection software; and Mortgage Credit Link, a web-based order fulfillment hub.

MeridianLink Fundamentals Summary

How do MeridianLink's earnings and revenue compare to its market cap?
MLNK fundamental statistics
Market CapUS$1.49b
Earnings (TTM)-US$21.76m
Revenue (TTM)US$272.62m

5.5x

P/S Ratio

-68.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MLNK income statement (TTM)
RevenueUS$272.62m
Cost of RevenueUS$81.59m
Gross ProfitUS$191.03m
Other ExpensesUS$212.79m
Earnings-US$21.76m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.27
Gross Margin70.07%
Net Profit Margin-7.98%
Debt/Equity Ratio75.4%

How did MLNK perform over the long term?

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

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

MLNK 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/Revenue6.5x
Enterprise Value/EBITDA20.6x
PEG Ration/a

Price to Sales Ratio vs Peers

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

MLNK PS Ratio vs Peers
The above table shows the PS ratio for MLNK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average5.3x

Price-To-Sales vs Peers: MLNK is expensive based on its Price-To-Sales Ratio (5.5x) compared to the peer average (5.3x).


Price to Earnings Ratio vs Industry

How does MLNK's PE Ratio compare vs other companies in the U.S. Software Industry?

Price-To-Sales vs Industry: MLNK is expensive based on its Price-To-Sales Ratio (5.5x) compared to the US Software industry average (4.5x)


Price to Sales Ratio vs Fair Ratio

What is MLNK'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.

MLNK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.5x
Fair PS Ratio4.3x

Price-To-Sales vs Fair Ratio: MLNK is expensive based on its Price-To-Sales Ratio (5.5x) compared to the estimated Fair Price-To-Sales Ratio (4.3x).


Share Price vs Fair Value

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

Below Fair Value: MLNK ($18.52) is trading below our estimate of fair value ($25.47)

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


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


60.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MLNK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: MLNK is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MLNK is expected to become profitable in the next 3 years.

Revenue vs Market: MLNK's revenue (10.1% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: MLNK's revenue (10.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MLNK's Return on Equity is forecast to be low in 3 years time (8.3%).


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Past Performance

How has MeridianLink 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


-8.8%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: MLNK is currently unprofitable.

Growing Profit Margin: MLNK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MLNK's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: MLNK is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.1%).


Return on Equity

High ROE: MLNK has a negative Return on Equity (-1.72%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is MeridianLink's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MLNK's short term assets ($188.9M) exceed its short term liabilities ($61.0M).

Long Term Liabilities: MLNK's short term assets ($188.9M) do not cover its long term liabilities ($426.4M).


Debt to Equity History and Analysis

Debt Level: MLNK's net debt to equity ratio (49.5%) is considered high.

Reducing Debt: Insufficient data to determine if MLNK's debt to equity ratio has reduced over the past 5 years.


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

Forecast Cash Runway: MLNK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.9% per year.


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Dividend

What is MeridianLink 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

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if MLNK'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 MLNK has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.9yrs

Average management tenure


CEO

Nicolaas Vlok (48 yo)

2.75yrs

Tenure

US$17,097,304

Compensation

Mr. Nicolaas Vlok is an Operating Partner at Thoma Bravo, LLC since June 2018. He serves as Director at Cority Software Inc. He is Chief Executive Officer of Project Angel Parent, LLC since April 2021 and...


CEO Compensation Analysis

Compensation vs Market: Nicolaas's total compensation ($USD17.10M) is above average for companies of similar size in the US market ($USD5.50M).

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


Leadership Team

Experienced Management: MLNK's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: MLNK's board of directors are considered experienced (4.1 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: MLNK only recently listed within the past 12 months.


Top Shareholders

Company Information

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


Key Information

  • Name: MeridianLink, Inc.
  • Ticker: MLNK
  • Exchange: NYSE
  • Founded: 1998
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: US$1.491b
  • Shares outstanding: 80.53m
  • Website: https://www.meridianlink.com

Number of Employees


Location

  • MeridianLink, Inc.
  • 3560 Hyland Avenue
  • Suite 200
  • Costa Mesa
  • California
  • 92626
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
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.