CERIDIAN HCM HOLDING INC (CDAY.CA) Fundamental Analysis & Valuation

TSX:CDAY • US15677J1088

Current stock price

92.28 CAD
+0.34 (+0.37%)
Last:

This CDAY.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. CDAY.CA Profitability Analysis

1.1 Basic Checks

  • In the past year CDAY was profitable.
  • In the past year CDAY had a positive cash flow from operations.
CDAY.CA Yearly Net Income VS EBIT VS OCF VS FCFCDAY.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 0 50M -50M 100M -100M

1.2 Ratios

  • CDAY's Return On Assets of 0.04% is fine compared to the rest of the industry. CDAY outperforms 62.50% of its industry peers.
  • CDAY's Return On Equity of 0.18% is fine compared to the rest of the industry. CDAY outperforms 62.50% of its industry peers.
  • CDAY has a Return On Invested Capital of 2.29%. This is in the better half of the industry: CDAY outperforms 62.50% of its industry peers.
Industry RankSector Rank
ROA 0.04%
ROE 0.18%
ROIC 2.29%
ROA(3y)-0.66%
ROA(5y)-0.4%
ROE(3y)-2.35%
ROE(5y)-1.42%
ROIC(3y)N/A
ROIC(5y)N/A
CDAY.CA Yearly ROA, ROE, ROICCDAY.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 0 -5 -10

1.3 Margins

  • CDAY's Profit Margin of 0.28% is fine compared to the rest of the industry. CDAY outperforms 62.50% of its industry peers.
  • CDAY's Operating Margin of 7.74% is fine compared to the rest of the industry. CDAY outperforms 62.50% of its industry peers.
  • With a Gross Margin value of 42.19%, CDAY is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of CDAY has remained more or less at the same level.
Industry RankSector Rank
OM 7.74%
PM (TTM) 0.28%
GM 42.19%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.28%
GM growth 5Y-0.66%
CDAY.CA Yearly Profit, Operating, Gross MarginsCDAY.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 0 10 -10 20 30 40

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3

2. CDAY.CA Health Analysis

2.1 Basic Checks

  • CDAY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • CDAY has more shares outstanding than it did 1 year ago.
  • CDAY has a better debt/assets ratio than last year.
CDAY.CA Yearly Shares OutstandingCDAY.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 50M 100M 150M
CDAY.CA Yearly Total Debt VS Total AssetsCDAY.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2B 4B 6B 8B

2.2 Solvency

  • CDAY has an Altman-Z score of 1.17. This is a bad value and indicates that CDAY is not financially healthy and even has some risk of bankruptcy.
  • CDAY's Altman-Z score of 1.17 is on the low side compared to the rest of the industry. CDAY is outperformed by 62.50% of its industry peers.
  • CDAY has a debt to FCF ratio of 22.77. This is a negative value and a sign of low solvency as CDAY would need 22.77 years to pay back of all of its debts.
  • CDAY has a Debt to FCF ratio of 22.77. This is comparable to the rest of the industry: CDAY outperforms 50.00% of its industry peers.
  • CDAY has a Debt/Equity ratio of 0.53. This is a neutral value indicating CDAY is somewhat dependend on debt financing.
  • CDAY has a Debt to Equity ratio of 0.53. This is in the lower half of the industry: CDAY underperforms 62.50% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 22.77
Altman-Z 1.17
ROIC/WACC0.28
WACC8.14%
CDAY.CA Yearly LT Debt VS Equity VS FCFCDAY.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 0 500M 1B 1.5B 2B

2.3 Liquidity

  • CDAY has a Current Ratio of 1.09. This is a normal value and indicates that CDAY is financially healthy and should not expect problems in meeting its short term obligations.
  • CDAY has a better Current ratio (1.09) than 62.50% of its industry peers.
  • A Quick Ratio of 1.09 indicates that CDAY should not have too much problems paying its short term obligations.
  • CDAY has a better Quick ratio (1.09) than 62.50% of its industry peers.
Industry RankSector Rank
Current Ratio 1.09
Quick Ratio 1.09
CDAY.CA Yearly Current Assets VS Current LiabilitesCDAY.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 1B 2B 3B 4B 5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. CDAY.CA Growth Analysis

3.1 Past

  • CDAY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 105.00%, which is quite impressive.
  • Measured over the past years, CDAY shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.61% on average per year.
  • CDAY shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.63%.
  • CDAY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.19% yearly.
EPS 1Y (TTM)105%
EPS 3Y19.61%
EPS 5YN/A
EPS Q2Q%85%
Revenue 1Y (TTM)21.63%
Revenue growth 3Y14.78%
Revenue growth 5Y13.19%
Sales Q2Q%19.61%

3.2 Future

  • Based on estimates for the next years, CDAY will show a very strong growth in Earnings Per Share. The EPS will grow by 42.72% on average per year.
  • CDAY is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.41% yearly.
EPS Next Y76.11%
EPS Next 2Y49.35%
EPS Next 3Y40.92%
EPS Next 5Y42.72%
Revenue Next Year22.54%
Revenue Next 2Y18.66%
Revenue Next 3Y17.44%
Revenue Next 5Y17.41%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
CDAY.CA Yearly Revenue VS EstimatesCDAY.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B
CDAY.CA Yearly EPS VS EstimatesCDAY.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 4 6

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4

4. CDAY.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 55.26 indicates a quite expensive valuation of CDAY.
  • 62.50% of the companies in the same industry are more expensive than CDAY, based on the Price/Earnings ratio.
  • CDAY is valuated expensively when we compare the Price/Earnings ratio to 25.71, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 39.59, the valuation of CDAY can be described as expensive.
  • Based on the Price/Forward Earnings ratio, CDAY is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 23.83, CDAY is valued quite expensively.
Industry RankSector Rank
PE 55.26
Fwd PE 39.59
CDAY.CA Price Earnings VS Forward Price EarningsCDAY.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CDAY is valued a bit cheaper than 62.50% of the companies in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as CDAY.
Industry RankSector Rank
P/FCF 198.43
EV/EBITDA 51.25
CDAY.CA Per share dataCDAY.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

  • CDAY's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as CDAY's earnings are expected to grow with 40.92% in the coming years.
PEG (NY)0.73
PEG (5Y)N/A
EPS Next 2Y49.35%
EPS Next 3Y40.92%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. CDAY.CA Dividend Analysis

5.1 Amount

  • CDAY does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

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CDAY.CA Fundamentals: All Metrics, Ratios and Statistics

CERIDIAN HCM HOLDING INC

TSX:CDAY (3/20/2024, 7:00:00 PM)

92.28

+0.34 (+0.37%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)N/A
Earnings (Next)02-08
Inst Owners85.76%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap14.41B
Revenue(TTM)1.45B
Net Income(TTM)4.00M
Analysts76.67
Price Target105.21 (14.01%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)2
Avg EPS beat(2)14.89%
Min EPS beat(2)7.19%
Max EPS beat(2)22.6%
EPS beat(4)3
Avg EPS beat(4)28.5%
Min EPS beat(4)-3.23%
Max EPS beat(4)87.42%
EPS beat(8)7
Avg EPS beat(8)52.78%
EPS beat(12)11
Avg EPS beat(12)42.08%
EPS beat(16)14
Avg EPS beat(16)46.25%
Revenue beat(2)2
Avg Revenue beat(2)0.09%
Min Revenue beat(2)0.09%
Max Revenue beat(2)0.09%
Revenue beat(4)4
Avg Revenue beat(4)0.54%
Min Revenue beat(4)0.09%
Max Revenue beat(4)1.34%
Revenue beat(8)7
Avg Revenue beat(8)0.44%
Revenue beat(12)10
Avg Revenue beat(12)0.86%
Revenue beat(16)11
Avg Revenue beat(16)0.39%
PT rev (1m)0%
PT rev (3m)0.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.06%
EPS NY rev (1m)0%
EPS NY rev (3m)0.31%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 55.26
Fwd PE 39.59
P/S 7.32
P/FCF 198.43
P/OCF 61.94
P/B 4.68
P/tB N/A
EV/EBITDA 51.25
EPS(TTM)1.67
EY1.81%
EPS(NY)2.33
Fwd EY2.53%
FCF(TTM)0.47
FCFY0.5%
OCF(TTM)1.49
OCFY1.61%
SpS12.6
BVpS19.71
TBVpS-2.16
PEG (NY)0.73
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 0.04%
ROE 0.18%
ROCE 3.18%
ROIC 2.29%
ROICexc 2.68%
ROICexgc 16.01%
OM 7.74%
PM (TTM) 0.28%
GM 42.19%
FCFM 3.69%
ROA(3y)-0.66%
ROA(5y)-0.4%
ROE(3y)-2.35%
ROE(5y)-1.42%
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
ROICexgc growth 3YN/A
ROICexgc 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 3Y-5.28%
GM growth 5Y-0.66%
F-Score8
Asset Turnover0.16
Health
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 22.77
Debt/EBITDA 5.48
Cap/Depr 108.46%
Cap/Sales 8.13%
Interest Coverage 250
Cash Conversion 77.56%
Profit Quality 1337.5%
Current Ratio 1.09
Quick Ratio 1.09
Altman-Z 1.17
F-Score8
WACC8.14%
ROIC/WACC0.28
Cap/Depr(3y)101.27%
Cap/Depr(5y)94.3%
Cap/Sales(3y)6.97%
Cap/Sales(5y)6.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)105%
EPS 3Y19.61%
EPS 5YN/A
EPS Q2Q%85%
EPS Next Y76.11%
EPS Next 2Y49.35%
EPS Next 3Y40.92%
EPS Next 5Y42.72%
Revenue 1Y (TTM)21.63%
Revenue growth 3Y14.78%
Revenue growth 5Y13.19%
Sales Q2Q%19.61%
Revenue Next Year22.54%
Revenue Next 2Y18.66%
Revenue Next 3Y17.44%
Revenue Next 5Y17.41%
EBIT growth 1Y376.6%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year136.31%
EBIT Next 3Y51.44%
EBIT Next 5Y42.35%
FCF growth 1Y159.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y699.3%
OCF growth 3Y37.87%
OCF growth 5YN/A

CERIDIAN HCM HOLDING INC / CDAY.CA Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for CERIDIAN HCM HOLDING INC?

ChartMill assigns a fundamental rating of 4 / 10 to CDAY.CA.


What is the valuation status for CDAY stock?

ChartMill assigns a valuation rating of 4 / 10 to CERIDIAN HCM HOLDING INC (CDAY.CA). This can be considered as Fairly Valued.


What is the profitability of CDAY stock?

CERIDIAN HCM HOLDING INC (CDAY.CA) has a profitability rating of 4 / 10.


Can you provide the expected EPS growth for CDAY stock?

The Earnings per Share (EPS) of CERIDIAN HCM HOLDING INC (CDAY.CA) is expected to grow by 76.11% in the next year.