NCINO INC (NCNO)
US63947X1019 - Common Stock
Overall NCNO gets a fundamental rating of 4 out of 10. We evaluated NCNO against 279 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 is valued quite expensively, but it does show have an excellent growth rating.
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
NCNO's Return On Assets of -2.08% is in line compared to the rest of the industry. NCNO outperforms 55.91% of its industry peers.
NCNO's Return On Equity of -2.72% is in line compared to the rest of the industry. NCNO outperforms 59.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.08% | ||
| ROE | -2.72% | ||
| ROIC | N/A |
ROA(3y)-4.9%
ROA(5y)-6.58%
ROE(3y)-6.23%
ROE(5y)-8.94%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NCNO has a Gross Margin of 60.03%. This is in the lower half of the industry: NCNO underperforms 60.93% of its industry peers.
In the last couple of years the Gross Margin of NCNO has grown nicely.
NCNO does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 60.03% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.72%
GM growth 5Y3.96%
2. Health
2.1 Basic Checks
NCNO does not have a ROIC to compare to the WACC, probably because it is not profitable.
NCNO has more shares outstanding than it did 1 year ago.
The number of shares outstanding for NCNO has been increased compared to 5 years ago.
Compared to 1 year ago, NCNO has an improved debt to assets ratio.
2.2 Solvency
NCNO has an Altman-Z score of 8.27. This indicates that NCNO is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 8.27, NCNO is in the better half of the industry, outperforming 75.99% of the companies in the same industry.
NCNO has a debt to FCF ratio of 1.31. This is a very positive value and a sign of high solvency as it would only need 1.31 years to pay back of all of its debts.
The Debt to FCF ratio of NCNO (1.31) is better than 70.97% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that NCNO is not too dependend on debt financing.
NCNO has a Debt to Equity ratio of 0.09. This is comparable to the rest of the industry: NCNO outperforms 52.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.31 | ||
| Altman-Z | 8.27 |
ROIC/WACCN/A
WACC11.88%
2.3 Liquidity
A Current Ratio of 1.08 indicates that NCNO should not have too much problems paying its short term obligations.
With a Current ratio value of 1.08, NCNO is not doing good in the industry: 73.48% of the companies in the same industry are doing better.
A Quick Ratio of 1.08 indicates that NCNO should not have too much problems paying its short term obligations.
NCNO has a worse Quick ratio (1.08) than 72.40% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 1033.33% over the past year.
NCNO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.63%.
NCNO shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 39.10% yearly.
EPS 1Y (TTM)1033.33%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%55.56%
Revenue 1Y (TTM)13.63%
Revenue growth 3Y32.62%
Revenue growth 5Y39.1%
Sales Q2Q%12.94%
3.2 Future
NCNO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 31.69% yearly.
The Revenue is expected to grow by 15.23% on average over the next years. This is quite good.
EPS Next Y34.92%
EPS Next 2Y31.68%
EPS Next 3Y31.69%
EPS Next 5YN/A
Revenue Next Year13.44%
Revenue Next 2Y14.45%
Revenue Next 3Y15.23%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 59.49, NCNO can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as NCNO.
When comparing the Price/Earnings ratio of NCNO to the average of the S&P500 Index (28.96), we can say NCNO is valued expensively.
Based on the Price/Forward Earnings ratio of 45.74, the valuation of NCNO can be described as expensive.
NCNO's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.82, NCNO is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.49 | ||
| Fwd PE | 45.74 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as NCNO.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NCNO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 65.54 | ||
| EV/EBITDA | 269.24 |
4.3 Compensation for Growth
NCNO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as NCNO's earnings are expected to grow with 31.69% in the coming years.
PEG (NY)1.7
PEG (5Y)N/A
EPS Next 2Y31.68%
EPS Next 3Y31.69%
5. Dividend
5.1 Amount
NCNO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NCINO INC
NASDAQ:NCNO (11/21/2024, 8:00:01 PM)
After market: 40.45 0 (0%)40.45
+0.37 (+0.92%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.67B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.49 | ||
| Fwd PE | 45.74 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.7
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.08% | ||
| ROE | -2.72% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 60.03% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)1033.33%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y34.92%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)13.63%
Revenue growth 3Y32.62%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y