Ceridian HCM Holding Inc
NYSE:CDAY
Intrinsic Value
Ceridian HCM Holding, Inc. engages in the development of human capital management software. [ Read More ]
The intrinsic value of one CDAY stock under the Base Case scenario is 47.1 USD. Compared to the current market price of 69.94 USD, Ceridian HCM Holding Inc is Overvalued by 33%.
Valuation Backtest
Ceridian HCM Holding Inc
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Fundamental Analysis
Company Thrives with AI Products and Fiscal Growth
2023-Q4 Earnings Call
The company launched several AI-driven products, like Dayforce CoPilot, HR service delivery, and expanded Dayforce Talent Marketplace, offering customers productivity gains, efficient labor solutions, and robust compliance across 36 new countries. Its acquisition of Ellume enriches its portfolio with advanced learning and talent management. Financially, Dayforce's recurring revenue soared by 29% in Q4 and is projected to grow 20-21% in 2024. Total revenue could increase by 14-15% with an adjusted EBITDA between $480 to $495 million. A legacy pension plan termination might cost $15 to $25 million in the future, but the outlook remains strong with ARPU growth and investments in innovation.
Balance Sheet Decomposition
Ceridian HCM Holding Inc
Current Assets | 5.9B |
Cash & Short-Term Investments | 510m |
Receivables | 235m |
Other Current Assets | 5.2B |
Non-Current Assets | 3B |
PP&E | 231m |
Intangibles | 2.5B |
Other Non-Current Assets | 281m |
Current Liabilities | 5.4B |
Accounts Payable | 67m |
Accrued Liabilities | 124m |
Other Current Liabilities | 5.2B |
Non-Current Liabilities | 1.3B |
Long-Term Debt | 1.2B |
Other Non-Current Liabilities | 53m |
Earnings Waterfall
Ceridian HCM Holding Inc
Revenue
|
1.5B
USD
|
Cost of Revenue
|
-838.3m
USD
|
Gross Profit
|
611.8m
USD
|
Operating Expenses
|
-499.5m
USD
|
Operating Income
|
112.3m
USD
|
Other Expenses
|
-108.3m
USD
|
Net Income
|
4m
USD
|
Free Cash Flow Analysis
Ceridian HCM Holding Inc
What is Free Cash Flow?
CDAY Profitability Score
Profitability Due Diligence
Ceridian HCM Holding Inc's profitability score is 44/100. The higher the profitability score, the more profitable the company is.
Score
Ceridian HCM Holding Inc's profitability score is 44/100. The higher the profitability score, the more profitable the company is.
CDAY Solvency Score
Solvency Due Diligence
Ceridian HCM Holding Inc's solvency score is 48/100. The higher the solvency score, the more solvent the company is.
Score
Ceridian HCM Holding Inc's solvency score is 48/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
CDAY Price Targets Summary
Ceridian HCM Holding Inc
Ownership
CDAY Insider Trading
Buy and sell transactions by insiders
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Shareholder Return
CDAY Price
Ceridian HCM Holding Inc
Average Annual Return | 10.99% |
Standard Deviation of Annual Returns | 39.66% |
Max Drawdown | -66% |
Market Capitalization | 10.9B USD |
Shares Outstanding | 156 127 008 |
Percentage of Shares Shorted | 8.46% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Ceridian HCM Holding, Inc. engages in the development of human capital management software. The company is headquartered in Minneapolis, Minnesota and currently employs 7,462 full-time employees. The company went IPO on 2018-04-26. The company offers a range of services and software designed to help employers manage employment processes, such as payroll, payroll-related tax filing, human resource information systems, employee self-service, time and labor management, employee assistance programs, and recruitment and applicant screening. The company offers solutions into two categories: Cloud and Bureau solutions. Its HCM solutions that are delivered via two cloud offerings: Dayforce, its cloud HCM platform, and Powerpay, a cloud HR and payroll solution for the Canadian small business market, through direct sales and established partner channels. Dayforce is a single application that provides continuous real-time calculations across all modules to enable payroll administrators access to data through the entire pay period, and managers access to real-time data to optimize work schedules. Powerpay is a cloud platform that provides payroll and HR solutions.
Contact
IPO
Employees
Officers
The intrinsic value of one CDAY stock under the Base Case scenario is 47.1 USD.
Compared to the current market price of 69.94 USD, Ceridian HCM Holding Inc is Overvalued by 33%.