NCINO INC (NCNO) Stock Fundamental Analysis
NASDAQ:NCNO - Nasdaq - US63947X1019 - Common Stock - Currency: USD
Overall NCNO gets a fundamental rating of 3 out of 10. We evaluated NCNO against 284 industry peers in the Software industry. While NCNO seems to be doing ok healthwise, there are quite some concerns on its profitability. NCNO is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
NCNO had positive earnings in the past year.
NCNO had a positive operating cash flow in the past year.
NCNO had negative earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: NCNO reported negative operating cash flow in multiple years.
1.2 Ratios
NCNO has a Return On Assets of -1.78%. This is in the better half of the industry: NCNO outperforms 60.21% of its industry peers.
NCNO has a Return On Equity of -2.74%. This is in the better half of the industry: NCNO outperforms 63.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.78% | ||
| ROE | -2.74% | ||
| ROIC | N/A |
ROA(3y)-4.42%
ROA(5y)-4.85%
ROE(3y)-5.85%
ROE(5y)-6.34%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NCNO has a Gross Margin (60.05%) which is in line with its industry peers.
NCNO's Gross Margin has improved in the last couple of years.
NCNO does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 60.05% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.42%
GM growth 5Y2.3%
2. Health
2.1 Basic Checks
NCNO does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, NCNO has more shares outstanding
NCNO has more shares outstanding than it did 5 years ago.
NCNO has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.19 indicates that NCNO is not in any danger for bankruptcy at the moment.
NCNO's Altman-Z score of 3.19 is fine compared to the rest of the industry. NCNO outperforms 60.21% of its industry peers.
NCNO has a debt to FCF ratio of 5.06. This is a neutral value as NCNO would need 5.06 years to pay back of all of its debts.
NCNO has a Debt to FCF ratio (5.06) which is comparable to the rest of the industry.
NCNO has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.24, NCNO perfoms like the industry average, outperforming 44.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 5.06 | ||
| Altman-Z | 3.19 |
ROIC/WACCN/A
WACC8.85%
2.3 Liquidity
A Current Ratio of 1.05 indicates that NCNO should not have too much problems paying its short term obligations.
NCNO has a worse Current ratio (1.05) than 72.54% of its industry peers.
A Quick Ratio of 1.05 indicates that NCNO should not have too much problems paying its short term obligations.
NCNO's Quick ratio of 1.05 is on the low side compared to the rest of the industry. NCNO is outperformed by 71.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
The earnings per share for NCNO have decreased by 0.00% in the last year.
NCNO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.40%.
The Revenue has been growing by 31.37% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)0%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-15.79%
Revenue 1Y (TTM)13.4%
Revenue growth 3Y25.44%
Revenue growth 5Y31.37%
Sales Q2Q%12.53%
3.2 Future
NCNO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.96% yearly.
NCNO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.98% yearly.
EPS Next Y8.23%
EPS Next 2Y15.52%
EPS Next 3Y22.96%
EPS Next 5YN/A
Revenue Next Year7.54%
Revenue Next 2Y8.03%
Revenue Next 3Y8.98%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 42.54, the valuation of NCNO can be described as expensive.
63.03% of the companies in the same industry are more expensive than NCNO, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.34, NCNO is valued quite expensively.
NCNO is valuated quite expensively with a Price/Forward Earnings ratio of 30.43.
Based on the Price/Forward Earnings ratio, NCNO is valued a bit cheaper than the industry average as 61.27% of the companies are valued more expensively.
NCNO's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.54 | ||
| Fwd PE | 30.43 |
4.2 Price Multiples
NCNO's Enterprise Value to EBITDA is on the same level as the industry average.
NCNO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 59.86 | ||
| EV/EBITDA | 140.03 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates NCNO does not grow enough to justify the current Price/Earnings ratio.
NCNO's earnings are expected to grow with 22.96% in the coming years. This may justify a more expensive valuation.
PEG (NY)5.17
PEG (5Y)N/A
EPS Next 2Y15.52%
EPS Next 3Y22.96%
5. Dividend
5.1 Amount
NCNO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
26.8
-0.28 (-1.03%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners114.91%
Inst Owner Change11.64%
Ins Owners1.41%
Ins Owner Change18.59%
Market Cap3.09B
Analysts71.3
Price Target30.75 (14.74%)
Short Float %11.62%
Short Ratio6.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-19.26%
Min EPS beat(2)-36.6%
Max EPS beat(2)-1.92%
EPS beat(4)2
Avg EPS beat(4)-0.66%
Min EPS beat(4)-36.6%
Max EPS beat(4)28.46%
EPS beat(8)6
Avg EPS beat(8)20.37%
EPS beat(12)9
Avg EPS beat(12)17.38%
EPS beat(16)13
Avg EPS beat(16)21.27%
Revenue beat(2)1
Avg Revenue beat(2)-0.6%
Min Revenue beat(2)-1.59%
Max Revenue beat(2)0.4%
Revenue beat(4)1
Avg Revenue beat(4)-0.78%
Min Revenue beat(4)-1.59%
Max Revenue beat(4)0.4%
Revenue beat(8)1
Avg Revenue beat(8)-0.95%
Revenue beat(12)3
Avg Revenue beat(12)-0.52%
Revenue beat(16)7
Avg Revenue beat(16)0.4%
PT rev (1m)16.25%
PT rev (3m)-28.46%
EPS NQ rev (1m)-9.36%
EPS NQ rev (3m)-30.9%
EPS NY rev (1m)0%
EPS NY rev (3m)-20.08%
Revenue NQ rev (1m)-0.81%
Revenue NQ rev (3m)-5.16%
Revenue NY rev (1m)0.3%
Revenue NY rev (3m)-5.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.54 | ||
| Fwd PE | 30.43 | ||
| P/S | 5.55 | ||
| P/FCF | 59.86 | ||
| P/OCF | 56.07 | ||
| P/B | 2.88 | ||
| P/tB | N/A | ||
| EV/EBITDA | 140.03 |
EPS(TTM)0.63
EY2.35%
EPS(NY)0.88
Fwd EY3.29%
FCF(TTM)0.45
FCFY1.67%
OCF(TTM)0.48
OCFY1.78%
SpS4.83
BVpS9.31
TBVpS-1.47
PEG (NY)5.17
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.78% | ||
| ROE | -2.74% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 60.05% | ||
| FCFM | 9.27% |
ROA(3y)-4.42%
ROA(5y)-4.85%
ROE(3y)-5.85%
ROE(5y)-6.34%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.42%
GM growth 5Y2.3%
F-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 5.06 | ||
| Debt/EBITDA | 11.29 | ||
| Cap/Depr | 9.01% | ||
| Cap/Sales | 0.63% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 239.84% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 3.19 |
F-Score5
WACC8.85%
ROIC/WACCN/A
Cap/Depr(3y)23.11%
Cap/Depr(5y)36.46%
Cap/Sales(3y)1.95%
Cap/Sales(5y)2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)0%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-15.79%
EPS Next Y8.23%
EPS Next 2Y15.52%
EPS Next 3Y22.96%
EPS Next 5YN/A
Revenue 1Y (TTM)13.4%
Revenue growth 3Y25.44%
Revenue growth 5Y31.37%
Sales Q2Q%12.53%
Revenue Next Year7.54%
Revenue Next 2Y8.03%
Revenue Next 3Y8.98%
Revenue Next 5YN/A
EBIT growth 1Y48.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year23.17%
EBIT Next 3Y25.04%
EBIT Next 5YN/A
FCF growth 1Y3539%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y275.44%
OCF growth 3YN/A
OCF growth 5YN/A