/
Services-prepackaged software company · MA · FY ends Sep · Revenue $3.00B · 38.71% margin · $928M FCF
$138.79
$0.93 (-0.67%)
Last close via Marketstack
Margins and capital returns are both well above average: 35.86% operating margin, ROIC at 15.40%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue up 19.2% YoY with margins expanding 10.3pp.
Even for strong businesses, today's 13x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
13.3x earnings, 17.7x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$3.00B
▲ +19.2% YoY
Net Income (TTM)
$1.25B
▲ +95.0% YoY
Op. Margin
38.71%
▲ +10.3pp YoY
ROIC
16.23%
▲ +5.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$928M
▲ +16.5% YoY
Op. Cash Flow (TTM)
$939M
▲ +15.7% YoY
Net Debt
$942M
Cash & Equiv.
$439M
5Y CAGR: +13.4%
5Y CAGR: +32.0%
Continue Research