21.41 USD
-1.82 (-7.83%)
Overall NCNO gets a fundamental rating of 4 out of 10. We evaluated NCNO against 278 industry peers in the Software industry. NCNO scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. NCNO has a decent growth rate and is not valued too expensively.
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.
- In the past 5 years NCNO always reported negative net income.
- In multiple years NCNO reported negative operating cash flow during the last 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of -1.39%, NCNO is in line with its industry, outperforming 51.80% of the companies in the same industry.
- Looking at the Return On Equity, with a value of -2.09%, NCNO is in line with its industry, outperforming 55.76% of the companies in the same industry.
- NCNO's Return On Invested Capital of 0.31% is in line compared to the rest of the industry. NCNO outperforms 58.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.39% | ||
| ROE | -2.09% | ||
| ROIC | 0.31% |
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 Operating Margin (0.90%) which is comparable to the rest of the industry.
- The Gross Margin of NCNO (60.33%) is worse than 62.95% of its industry peers.
- In the last couple of years the Gross Margin of NCNO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.9% | ||
| PM (TTM) | N/A | ||
| GM | 60.33% |
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 has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- NCNO has more shares outstanding than it did 1 year ago.
- Compared to 5 years ago, NCNO has more shares outstanding
- NCNO has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 3.12 indicates that NCNO is not in any danger for bankruptcy at the moment.
- NCNO has a Altman-Z score of 3.12. This is in the better half of the industry: NCNO outperforms 62.23% of its industry peers.
- The Debt to FCF ratio of NCNO is 4.27, which is a neutral value as it means it would take NCNO, 4.27 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 4.27, NCNO is in line with its industry, outperforming 59.71% of the companies in the same 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 42.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 4.27 | ||
| Altman-Z | 3.12 |
ROIC/WACC0.03
WACC11.07%
2.3 Liquidity
- NCNO has a Current Ratio of 1.01. This is a normal value and indicates that NCNO is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of NCNO (1.01) is worse than 73.74% of its industry peers.
- NCNO has a Quick Ratio of 1.01. This is a normal value and indicates that NCNO is financially healthy and should not expect problems in meeting its short term obligations.
- NCNO has a worse Quick ratio (1.01) than 72.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.01 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
- NCNO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.00%, which is quite good.
- NCNO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.14%.
- NCNO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 31.37% yearly.
EPS 1Y (TTM)8%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%47.62%
Revenue 1Y (TTM)12.14%
Revenue growth 3Y25.44%
Revenue growth 5Y31.37%
Sales Q2Q%9.63%
3.2 Future
- Based on estimates for the next years, NCNO will show a very strong growth in Earnings Per Share. The EPS will grow by 24.36% on average per year.
- The Revenue is expected to grow by 9.18% on average over the next years. This is quite good.
EPS Next Y40%
EPS Next 2Y25.95%
EPS Next 3Y24.36%
EPS Next 5YN/A
Revenue Next Year9.78%
Revenue Next 2Y8.82%
Revenue Next 3Y9.18%
Revenue Next 5YN/A
3.3 Evolution
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 26.43 indicates a quite expensive valuation of NCNO.
- 62.95% of the companies in the same industry are more expensive than NCNO, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 28.60. NCNO is around the same levels.
- NCNO is valuated rather expensively with a Price/Forward Earnings ratio of 20.45.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of NCNO indicates a somewhat cheap valuation: NCNO is cheaper than 67.27% of the companies listed in the same industry.
- NCNO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.43 | ||
| Fwd PE | 20.45 |
4.2 Price Multiples
- NCNO's Enterprise Value to EBITDA ratio is in line with the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as NCNO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.11 | ||
| EV/EBITDA | 59.6 |
4.3 Compensation for Growth
- NCNO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- NCNO's earnings are expected to grow with 24.36% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.66
PEG (5Y)N/A
EPS Next 2Y25.95%
EPS Next 3Y24.36%
5. Dividend
5.1 Amount
- No dividends for NCNO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NCINO INC / NCNO FAQ
What is the ChartMill fundamental rating of NCINO INC (NCNO) stock?
ChartMill assigns a fundamental rating of 4 / 10 to NCNO.
What is the valuation status for NCNO stock?
ChartMill assigns a valuation rating of 4 / 10 to NCINO INC (NCNO). This can be considered as Fairly Valued.
What is the profitability of NCNO stock?
NCINO INC (NCNO) has a profitability rating of 2 / 10.
How financially healthy is NCINO INC?
The financial health rating of NCINO INC (NCNO) is 4 / 10.
What is the earnings growth outlook for NCINO INC?
The Earnings per Share (EPS) of NCINO INC (NCNO) is expected to grow by 40% in the next year.