23.39 USD
-0.96 (-3.94%)
23.5 USD
+0.11 (+0.47%)
We assign a fundamental rating of 3 out of 10 to NCNO. NCNO was compared to 281 industry peers in the Software industry. Both the profitability and financial health of NCNO have multiple concerns. 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
The Return On Assets of NCNO (-2.08%) is comparable to the rest of the industry.
With a Return On Equity value of -3.18%, NCNO perfoms like the industry average, outperforming 56.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.08% | ||
| ROE | -3.18% | ||
| 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's Gross Margin of 60.23% is on the low side compared to the rest of the industry. NCNO is outperformed by 62.99% of its industry peers.
In the last couple of years the Gross Margin of NCNO has grown nicely.
The Profit Margin and Operating Margin are not available for NCNO so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 60.23% |
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
The number of shares outstanding for NCNO has been increased compared to 5 years ago.
NCNO has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.03 indicates that NCNO is not in any danger for bankruptcy at the moment.
NCNO has a Altman-Z score (3.03) which is comparable to the rest of the industry.
The Debt to FCF ratio of NCNO is 4.28, which is a neutral value as it means it would take NCNO, 4.28 years of fcf income to pay off all of its debts.
NCNO has a Debt to FCF ratio of 4.28. This is comparable to the rest of the industry: NCNO outperforms 59.43% of its industry peers.
NCNO has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
NCNO has a Debt to Equity ratio (0.24) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 4.28 | ||
| Altman-Z | 3.03 |
ROIC/WACCN/A
WACC10.88%
2.3 Liquidity
A Current Ratio of 1.03 indicates that NCNO should not have too much problems paying its short term obligations.
With a Current ratio value of 1.03, NCNO is not doing good in the industry: 74.02% of the companies in the same industry are doing better.
NCNO has a Quick Ratio of 1.03. This is a normal value and indicates that NCNO is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.03, NCNO is not doing good in the industry: 72.60% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
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.
The Revenue has grown by 13.45% in the past year. This is quite good.
Measured over the past years, NCNO shows a very strong growth in Revenue. The Revenue has been growing by 31.37% on average per year.
EPS 1Y (TTM)8%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%47.62%
Revenue 1Y (TTM)13.45%
Revenue growth 3Y25.44%
Revenue growth 5Y31.37%
Sales Q2Q%9.63%
3.2 Future
NCNO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.93% yearly.
Based on estimates for the next years, NCNO will show a quite strong growth in Revenue. The Revenue will grow by 9.37% on average per year.
EPS Next Y21.31%
EPS Next 2Y23.15%
EPS Next 3Y23.93%
EPS Next 5YN/A
Revenue Next Year8.81%
Revenue Next 2Y8.67%
Revenue Next 3Y9.37%
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 28.88 indicates a quite expensive valuation of NCNO.
Compared to the rest of the industry, the Price/Earnings ratio of NCNO indicates a somewhat cheap valuation: NCNO is cheaper than 64.41% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of NCNO to the average of the S&P500 Index (26.46), we can say NCNO is valued inline with the index average.
NCNO is valuated rather expensively with a Price/Forward Earnings ratio of 23.37.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NCNO indicates a somewhat cheap valuation: NCNO is cheaper than 67.26% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of NCNO to the average of the S&P500 Index (36.10), we can say NCNO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.88 | ||
| Fwd PE | 23.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NCNO is on the same level as its industry peers.
NCNO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NCNO is cheaper than 60.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.32 | ||
| EV/EBITDA | 88.55 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
NCNO's earnings are expected to grow with 23.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.36
PEG (5Y)N/A
EPS Next 2Y23.15%
EPS Next 3Y23.93%
5. Dividend
5.1 Amount
NCNO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
23.39
-0.96 (-3.94%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners116.89%
Inst Owner Change-3.57%
Ins Owners1.44%
Ins Owner Change1.57%
Market Cap2.71B
Revenue(TTM)540.66M
Net Income(TTM)-33.56M
Analysts76.52
Price Target36.76 (57.16%)
Short Float %11.22%
Short Ratio6.84
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)1
Avg EPS beat(2)26.43%
Min EPS beat(2)-1.92%
Max EPS beat(2)54.77%
EPS beat(4)2
Avg EPS beat(4)11.18%
Min EPS beat(4)-36.6%
Max EPS beat(4)54.77%
EPS beat(8)6
Avg EPS beat(8)23.5%
EPS beat(12)9
Avg EPS beat(12)17.86%
EPS beat(16)13
Avg EPS beat(16)20.53%
Revenue beat(2)2
Avg Revenue beat(2)1.16%
Min Revenue beat(2)0.4%
Max Revenue beat(2)1.91%
Revenue beat(4)2
Avg Revenue beat(4)-0.07%
Min Revenue beat(4)-1.59%
Max Revenue beat(4)1.91%
Revenue beat(8)2
Avg Revenue beat(8)-0.7%
Revenue beat(12)3
Avg Revenue beat(12)-0.38%
Revenue beat(16)7
Avg Revenue beat(16)0.37%
PT rev (1m)0%
PT rev (3m)12.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.1%
EPS NY rev (1m)0%
EPS NY rev (3m)10.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.88 | ||
| Fwd PE | 23.37 | ||
| P/S | 4.73 | ||
| P/FCF | 45.32 | ||
| P/OCF | 39.94 | ||
| P/B | 2.56 | ||
| P/tB | N/A | ||
| EV/EBITDA | 88.55 |
EPS(TTM)0.81
EY3.46%
EPS(NY)1
Fwd EY4.28%
FCF(TTM)0.52
FCFY2.21%
OCF(TTM)0.59
OCFY2.5%
SpS4.95
BVpS9.13
TBVpS-1.43
PEG (NY)1.36
PEG (5Y)N/A
Graham Number12.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.08% | ||
| ROE | -3.18% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 60.23% | ||
| FCFM | 10.43% |
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
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 3Y0.42%
GM growth 5Y2.3%
F-Score4
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 4.28 | ||
| Debt/EBITDA | 7.61 | ||
| Cap/Depr | 19.85% | ||
| Cap/Sales | 1.4% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 203.38% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 3.03 |
F-Score4
WACC10.88%
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)8%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%47.62%
EPS Next Y21.31%
EPS Next 2Y23.15%
EPS Next 3Y23.93%
EPS Next 5YN/A
Revenue 1Y (TTM)13.45%
Revenue growth 3Y25.44%
Revenue growth 5Y31.37%
Sales Q2Q%9.63%
Revenue Next Year8.81%
Revenue Next 2Y8.67%
Revenue Next 3Y9.37%
Revenue Next 5YN/A
EBIT growth 1Y73.45%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year32.51%
EBIT Next 3Y25.69%
EBIT Next 5YN/A
FCF growth 1Y1158.27%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y294.96%
OCF growth 3YN/A
OCF growth 5YN/A
NCINO INC / NCNO FAQ
What is the ChartMill fundamental rating of NCINO INC (NCNO) stock?
ChartMill assigns a fundamental rating of 3 / 10 to NCNO.
Can you provide the valuation status for NCINO INC?
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.
Can you provide the financial health for NCNO stock?
The financial health rating of NCINO INC (NCNO) is 3 / 10.
What is the expected EPS growth for NCINO INC (NCNO) stock?
The Earnings per Share (EPS) of NCINO INC (NCNO) is expected to grow by 21.31% in the next year.