Concentrix Corp
NASDAQ:CNXC
Intrinsic Value
Concentrix Corp. engages in the provision of customer experience (CX)solutions and technology. [ Read More ]
The intrinsic value of one CNXC stock under the Base Case scenario is 197.3 USD. Compared to the current market price of 66.22 USD, Concentrix Corp is Undervalued by 66%.
Valuation Backtest
Concentrix Corp
Run backtest to discover the historical profit from buying and selling CNXC stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Company Sees Strong Growth Despite Telco Dip
2024-Q1 Earnings Call
The company reported noteworthy growth with a Non-GAAP net income of $176 million for the quarter, up from $136 million the previous year, although Non-GAAP EPS was slightly down at $2.57 per share from $2.59. Despite a one-time client payment delay affecting cash generation, confidence remains for a $700 million full year free cash flow. Declines were seen in North American telco by 4% year-over-year, countered by encouraging growth in European telco and other verticals like retail, e-commerce, and financial services. The full year guidance remains unchanged with a stronger outlook for the second half, supported by an EPS that assumes $100 million in share buybacks, lowering the count to about 65.3 million shares. Most geographies, excluding North America, are experiencing strong demand and growth, signaling overall positive momentum.
Balance Sheet Decomposition
Concentrix Corp
Current Assets | 2.9B |
Cash & Short-Term Investments | 295.3m |
Receivables | 1.9B |
Other Current Assets | 674.4m |
Non-Current Assets | 9.6B |
PP&E | 1.6B |
Intangibles | 7.9B |
Other Non-Current Assets | 187.3m |
Current Liabilities | 2.1B |
Accounts Payable | 243.6m |
Accrued Liabilities | 1.7B |
Other Current Liabilities | 82.9m |
Non-Current Liabilities | 6.3B |
Long-Term Debt | 4.9B |
Other Non-Current Liabilities | 1.3B |
Earnings Waterfall
Concentrix Corp
Revenue
|
7.1B
USD
|
Cost of Revenue
|
-4.5B
USD
|
Gross Profit
|
2.6B
USD
|
Operating Expenses
|
-1.8B
USD
|
Operating Income
|
732.7m
USD
|
Other Expenses
|
-424.8m
USD
|
Net Income
|
307.8m
USD
|
Free Cash Flow Analysis
Concentrix Corp
What is Free Cash Flow?
CNXC Profitability Score
Profitability Due Diligence
Concentrix Corp's profitability score is 54/100. The higher the profitability score, the more profitable the company is.
Score
Concentrix Corp's profitability score is 54/100. The higher the profitability score, the more profitable the company is.
CNXC Solvency Score
Solvency Due Diligence
Concentrix Corp's solvency score is 35/100. The higher the solvency score, the more solvent the company is.
Score
Concentrix Corp's solvency score is 35/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
CNXC Price Targets Summary
Concentrix Corp
According to Wall Street analysts, the average 1-year price target for CNXC is 109.34 USD with a low forecast of 85.85 USD and a high forecast of 131.25 USD.
Ownership
CNXC Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
---|---|---|---|
3 Months |
|
|
|
6 Months |
|
|
|
9 Months |
|
|
|
12 Months |
|
|
|
Shareholder Return
CNXC Price
Concentrix Corp
Average Annual Return | 26.48% |
Standard Deviation of Annual Returns | 52.79% |
Max Drawdown | -70% |
Market Capitalization | 4.4B USD |
Shares Outstanding | 66 303 500 |
Percentage of Shares Shorted | 4.36% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Concentrix Corp. engages in the provision of customer experience (CX)solutions and technology. The company is headquartered in Newark California, California and currently employs 290,000 full-time employees. The company went IPO on 2020-12-01. The firm provide end-to-end capabilities, including CX process optimization, technology innovation, front- and back-office automation, analytics and business transformation services to clients. The company offers its clients integrated solutions supporting the customer lifecycle; CX and user experience (UX) strategy and design; analytics and actionable insights. Its Customer Lifecycle Management solutions include services, such as customer care, sales support, digital marketing, technical support, digital self-service, content moderation, creative design and content production, and back-office services. The Company’s CX/UX Strategy and Design solutions, including CX strategy, data-driven user design, journey mapping and multi-platform engineering. Its Digital Transformation solutions include services, such as Robotic Process Automation (RPA) and cognitive automation.
Contact
IPO
Employees
Officers
The intrinsic value of one CNXC stock under the Base Case scenario is 197.3 USD.
Compared to the current market price of 66.22 USD, Concentrix Corp is Undervalued by 66%.