Concentrix Corp

Technology
Computer Software: Prepackaged Software
www.concentrix.com

Earnings Score
Moat Score
Safety Score

Market Cap $3.00B
PE 15
Debt $4.95B
Cash $441.76M
EV $7.51B
FCF $368.65M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$198.38M
EBIT	$632.30M
ROE	5%
ROA	5%
FCF	$368.65M
Equity	$4.17B
Growth Stability	93%
PE	15.12
PEG	9.25
PB	0.72
P/FCF	8.14
P/S	0.32
Price/Cash	0.15
Debt/Equity	1.19
Debt/FCF	13.43
Net Margins	2%
Gross Margins	36%
Op. Margins	7%
Earnings CAGR	2%
Sales Growth YoY	46%
Sales Growth QoQ	0%
Sales CAGR	17%
FCF CAGR	10%
Equity CAGR	23%
Earnings Stability	-0.72
Earnings Growth YoY	-79%
Earnings Growth QoQ	-75%
Earnings CAGR 5Y	2%

Sales CAGR 5Y	17%
FCF CAGR 5Y	10%
Equity CAGR 5Y	23%
Earnings CAGR 3Y	19%
Sales CAGR 3Y	19%
FCF CAGR 3Y	3%
Equity CAGR 3Y	22%
Market Cap	$3.00B
Revenue	$9.40B
Dividend Yield	3%
Payout Ratio	41%
Assets	$12.21B
Total Debt	$4.95B
Cash	$441.76M
Shares Outstanding	64.39M
EV	7.51B
Earnings Score	6%
Moat Score	59%
Safety Score	73%
Final Score	46%
Working Capital	1.04B
Current Ratio	1.57
Gross Profit	$3.40B
Shares Growth 3y	10%
Equity Growth QoQ	2%
Equity Growth YoY	44%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Concentrix Corporation is a global provider of Customer Experience (CX) solutions and technology. The Company provides end-to-end capabilities, including CX process optimization, technology innovation, front- and back-office automation, analytics and business transformation services to clients. It offers its clients integrated solutions supporting the customer lifecycle; CX and user experience (UX) strategy and design, and analytics and actionable insights. Its Customer Lifecycle Management solutions include services, such as customer care, sales support, digital marketing, technical support, digital self-service, content moderation, creative design and content production, and back-office services. The Companyâs CX/UX Strategy and Design solutions include CX strategy, data-driven user design, journey mapping and multi-platform engineering. Its Digital Transformation solutions include services, such as Robotic Process Automation (RPA) and cognitive automation.

SEC Filings

Direct access to Concentrix Corp (CNXC) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Aug 31
- 10-Q May 31
- 10-Q Feb 29
2023
- 10-K Nov 30
- 10-Q Aug 31
- 10-Q May 31
- 10-Q Feb 28
2022
- 10-K Nov 30
- 10-Q Aug 31
- 10-Q May 31
- 10-Q Feb 28

Sector Comparison

How does Concentrix Corp compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Concentrix Corp compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 2%

Stability -72%

loading chart...

Concentrix Corp Discounted Cash Flow

Fully customizable DCF calculator online for Concentrix Corp.

Years

Calculation mode

= $7.6B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$369M	$407M	$450M	$497M	$549M	$607M	$671M	$741M	$819M	$905M	$1B	$10B
DCF		$370M	$372M	$374M	$375M	$377M	$379M	$380M	$382M	$384M	$386M	$3.9B
Value	$7.6B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	11/2019	11/2020	11/2021	11/2022	11/2023	TTM
Net Margins	2%	3%	7%	7%	4%	2%
ROA	-	6%	11%	10%	5%	5%
ROE	-	7%	15%	16%	7%	5%

Bad Net Margins (1.82%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	11/2019	11/2020	11/2021	11/2022	11/2023	TTM
Debt over FCF	-	3.42	2.2	4.84	10.05	13.43
Debt over Equity	-	0.5	0.31	0.83	1.21	1.19
Growth Stability	-	-	-	100%	93%	93%

Bad Debt/FCF ratio (13.43)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Neutral Debt/Equity ratio (1.19)

The company has a balance between equity and debt that is not too good nor too bad.

Good Graham’s Stability (93%)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	11/2019	11/2020	11/2021	11/2022	11/2023	CAGR 5Y
Revenue YoY growth	-	0%	18%	13%	12%	17%
Earnings YoY growth	-	41%	143%	7%	-28%	2%
Equity YoY growth	-	57%	14%	3%	54%	23%
FCF YoY growth	-	-1%	9%	26%	8%	10%