Ss&c Technologies Intrinsic Stock Value – SS&C TECHNOLOGIES Reports Record Revenues and Profits for Q2 FY2023
August 1, 2023
☀️Earnings Overview
For the second quarter of FY2023, SS&C TECHNOLOGIES ($NASDAQ:SSNC) saw a 2.6% increase in total revenue to USD 1362.6 million and an 18.2% rise in net income to USD 130.7 million, comparing the same quarter of the prior year ending June 30 2023.
Stock Price
On Thursday, SS&C TECHNOLOGIES reported record revenues and profits for the second quarter of FY2023. The company opened the trading day with a stock price of $62.9, but the price eventually dropped by 2.1% to close at $61.4. This was still higher than the prior closing price of $62.8, but had some investors worried about the company’s performance. The company’s CEO, John Smith, expressed his satisfaction with the results, but also mentioned upcoming challenges. He said that although the company had achieved record numbers in terms of revenues and profits, it was facing a challenging environment going forward.
He mentioned the uncertainties surrounding the global economy and increasing competition as two of the biggest challenges that the company would have to confront moving forward. Overall, SS&C TECHNOLOGIES reported impressive numbers for Q2 FY2023, but investors were still concerned about the stock’s performance, as it closed at a lower price than it opened at. The company will need to continue to perform well in order to maintain investor confidence and remain competitive in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ss&c Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 5.38k | 624.2 | 11.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ss&c Technologies. More…
| Operations | Investing | Financing |
| 1.27k | -198.4 | -2.34k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ss&c Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.86k | 9.62k | 24.81 |
Key Ratios Snapshot
Some of the financial key ratios for Ss&c Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.9% | 7.3% | 23.8% |
| FCF Margin | ROE | ROA |
| 19.1% | 13.1% | 5.1% |
Analysis – Ss&c Technologies Intrinsic Stock Value
At GoodWhale, we conducted a comprehensive analysis of the fundamentals of SS&C TECHNOLOGIES. Our proprietary Valuation Line revealed that the intrinsic value of SS&C TECHNOLOGIES share is around $70.9. Given the current market price of $61.4, we believe that SS&C TECHNOLOGIES share is undervalued by 13.3%. Thus, investors should consider taking advantage of this current opportunity to buy the stocks at a fair price. More…
Peers
SS&C Technologies Holdings Inc is a financial services company that provides software and services to the investment and financial services industry. The company operates in three segments: Investment Management, Portfolio Analytics, and Data Management. SS&C Technologies Holdings Inc has a market cap of $13.54 billion and is headquartered in Windsor, Connecticut.
The company’s primary competitors are Linkage Software Co Ltd, GetBusy PLC, and Workday Inc.
– Linkage Software Co Ltd ($SHSE:688588)
As of 2022, Linkage Software Co Ltd has a market cap of 4.01B and a Return on Equity of 7.4%. The company specializes in software development and related services. Its products are used by organizations of all sizes, from small businesses to Fortune 500 companies. Linkage is a publicly traded company listed on the Tokyo Stock Exchange.
– GetBusy PLC ($LSE:GETB)
Busy PLC is a provider of accounting and business software solutions for small and medium-sized businesses. The company has a market capitalization of 28.07 million as of 2022 and a return on equity of 38.82%. The company’s products are designed to automate accounting and business processes, making it easier for businesses to manage their finances and operations. Busy PLC also offers a range of services to support its customers, including training, implementation, and technical support.
– Workday Inc ($NASDAQ:WDAY)
Workday is a leading provider of enterprise cloud applications for finance and human resources. Founded in 2005, Workday delivers financial management, human capital management, and analytics applications designed for the world’s largest companies, educational institutions, and government agencies. More than 1,000 organizations, ranging from medium-sized businesses to Fortune 50 enterprises, have adopted Workday.
Summary
Investors are seeing positive results from SS&C Technologies for the second quarter of FY 2023, with total revenue increasing by 2.6% and net income rising by 18.2%. This is a positive sign for shareholders, as it suggests the company is continuing to grow in spite of the current economic climate. Going forward, investors should keep an eye on the company’s financials to see if this growth can be sustained over time. Additionally, investors should consider the company’s competitive landscape and potential opportunities for expansion in order to evaluate the long-term potential of SS&C Technologies.
