| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
NCR Stock Overview
NCR Corporation provides various software and services worldwide.
NCR Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$33.10 |
| 52 Week High | US$48.94 |
| 52 Week Low | US$28.00 |
| Beta | 1.59 |
| 1 Month Change | 1.82% |
| 3 Month Change | -20.34% |
| 1 Year Change | -28.97% |
| 3 Year Change | 6.43% |
| 5 Year Change | -18.95% |
| Change since IPO | 83.25% |
Recent News & Updates
NCR: The Numbers Don't Add Up
In its SEC filings, NCR notes - 'GAAP diluted EPS and non-GAAP diluted EPS may not mathematically reconcile.' In layman's terms, the numbers do not add up. I had a boss once who was fond of gems like, 'figures don't lie, but liars can figure' and 'numbers are dangerous'. Under his mentorship, I developed a healthy skepticism for numbers in financial reports, whether or not they added up. I have filled in the missing gaps in NCR's financial presentations to better understand why and how GAAP and non-GAAP results differ, and of how much concern the differences should be to investors. But of greater concern, the numbers show the hundreds of millions spent on non-GAAP costs of transformation and restructuring, are not bringing the promised savings.
Shareholder Returns
| NCR | US Software | US Market | |
|---|---|---|---|
| 7D | 6.7% | 7.7% | 4.0% |
| 1Y | -29.0% | -21.3% | -20.5% |
Return vs Industry: NCR underperformed the US Software industry which returned -21.3% over the past year.
Return vs Market: NCR underperformed the US Market which returned -20.5% over the past year.
Price Volatility
| NCR volatility | |
|---|---|
| NCR Average Weekly Movement | 10.6% |
| Software Industry Average Movement | 10.9% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NCR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: NCR's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1881 | 38,000 | Mike Hayford | https://www.ncr.com |
NCR Corporation provides various software and services worldwide. It operates through Banking, Retail, Hospitality, and Telecommunications and Technology segments. The company offers managed services and ATM-as-a-Service that allow banks to run their end-to-end ATM channels; software, services, and hardware; and digital banking solutions for financial institution’s consumer and business customers.
NCR Fundamentals Summary
| NCR fundamental statistics | |
|---|---|
| Market Cap | US$4.30b |
| Earnings (TTM) | US$17.00m |
| Revenue (TTM) | US$7.48b |
266.0x
P/E Ratio0.6x
P/S RatioIs NCR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NCR income statement (TTM) | |
|---|---|
| Revenue | US$7.48b |
| Cost of Revenue | US$5.53b |
| Gross Profit | US$1.94b |
| Other Expenses | US$1.93b |
| Earnings | US$17.00m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.12 |
| Gross Margin | 26.00% |
| Net Profit Margin | 0.23% |
| Debt/Equity Ratio | 351.0% |
How did NCR perform over the long term?
See historical performance and comparisonValuation
Is NCR undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
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 NCR?
Other financial metrics that can be useful for relative valuation.
| What is NCR's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$4.30b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.4x |
| Enterprise Value/EBITDA | 9.2x |
| PEG Ratio | 2.3x |
Price to Sales Ratio vs Peers
How does NCR's PS Ratio compare to its peers?
| NCR PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 10.5x |
Price-To-Sales vs Peers: NCR is good value based on its Price-To-Sales Ratio (0.6x) compared to the peer average (10.5x).
Price to Earnings Ratio vs Industry
How does NCR's PE Ratio compare vs other companies in the U.S. Software Industry?
Price-To-Sales vs Industry: NCR is good value based on its Price-To-Sales Ratio (0.6x) compared to the US Software industry average (4.5x)
Price to Sales Ratio vs Fair Ratio
What is NCR'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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.6x |
| Fair PS Ratio | 2.2x |
Price-To-Sales vs Fair Ratio: NCR is good value based on its Price-To-Sales Ratio (0.6x) compared to the estimated Fair Price-To-Sales Ratio (2.2x).
Share Price vs Fair Value
What is the Fair Price of NCR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NCR ($33.1) is trading below our estimate of fair value ($85.1)
Significantly Below Fair Value: NCR is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: NCR is poor value based on its PEG Ratio (2.3x)
Discover undervalued companies
Future Growth
How is NCR forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
114.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NCR's forecast earnings growth (114.1% per year) is above the savings rate (1.9%).
Earnings vs Market: NCR's earnings (114.1% per year) are forecast to grow faster than the US market (13.9% per year).
High Growth Earnings: NCR's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NCR's revenue (5.9% per year) is forecast to grow slower than the US market (8.3% per year).
High Growth Revenue: NCR's revenue (5.9% 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 NCR's Return on Equity is forecast to be high in 3 years time
Discover growth companies
Past Performance
How has NCR performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-8.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NCR has a large one-off loss of $218.0M impacting its March 31 2022 financial results.
Growing Profit Margin: NCR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: NCR's earnings have declined by 8.8% per year over the past 5 years.
Accelerating Growth: NCR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NCR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (27.1%).
Return on Equity
High ROE: NCR's Return on Equity (2%) is considered low.
Discover strong past performing companies
Financial Health
How is NCR's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: NCR's short term assets ($3.0B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: NCR's short term assets ($3.0B) do not cover its long term liabilities ($7.3B).
Debt to Equity History and Analysis
Debt Level: NCR's net debt to equity ratio (325.2%) is considered high.
Reducing Debt: NCR's debt to equity ratio has increased from 250.9% to 351% over the past 5 years.
Debt Coverage: NCR's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: NCR's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
Discover healthy companies
Dividend
What is NCR current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend 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 NCR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NCR'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 NCR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NCR'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 NCR has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Mike Hayford (61 yo)
4.17yrs
Tenure
US$14,840,501
Compensation
Mr. Michael Dale Hayford, also known as Mike, C.P.A., has been the Chief Executive Officer and Director of NCR Corporation since April 30, 2018 and served as its President since April 30, 2018 until August...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD14.84M) is above average for companies of similar size in the US market ($USD6.92M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: NCR's management team is considered experienced (4 years average tenure).
Board Members
Experienced Board: NCR's board of directors are not considered experienced ( 2.8 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 4.4%.
Top Shareholders
Company Information
NCR Corporation's employee growth, exchange listings and data sources
Key Information
- Name: NCR Corporation
- Ticker: NCR
- Exchange: NYSE
- Founded: 1881
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$4.297b
- Shares outstanding: 136.60m
- Website: https://www.ncr.com
Number of Employees
Location
- NCR Corporation
- 864 Spring Street Northwest
- Atlanta
- Georgia
- 30308
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/24 00:00 |
| End of Day Share Price | 2022/06/24 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.