Financials Conduent Incorporated

Equities

CNDT

US2067871036

IT Services & Consulting

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
3.06 USD +2.34% Intraday chart for Conduent Incorporated 0.00% -16.16%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,311 1,005 1,136 874.5 793.1 642.5 - -
Enterprise Value (EV) 1 2,329 2,065 2,134 874.5 793.1 642.5 642.5 642.5
P/E ratio -0.67 x -7.87 x -29.7 x - -2.59 x 10.9 x -4 x -2.97 x
Yield - - - - - - - -
Capitalization / Revenue 0.29 x 0.24 x 0.27 x 0.23 x 0.21 x 0.18 x 0.18 x 0.16 x
EV / Revenue 0.29 x 0.24 x 0.27 x 0.23 x 0.21 x 0.18 x 0.18 x 0.16 x
EV / EBITDA 2.65 x 2.09 x 2.33 x 2.22 x 2.1 x 2.01 x 1.58 x 1.17 x
EV / FCF -81.9 x 11.8 x 6.97 x - 20.9 x 1.61 x 2 x 1.93 x
FCF Yield -1.22% 8.46% 14.3% - 4.79% 62.1% 50.1% 51.9%
Price to Book 1.01 x 0.86 x 1.02 x - - - - -
Nbr of stocks (in thousands) 211,397 209,286 212,794 215,920 217,287 209,975 - -
Reference price 2 6.200 4.800 5.340 4.050 3.650 3.060 3.060 3.060
Announcement Date 2/20/20 2/18/21 2/16/22 2/14/23 2/14/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,467 4,163 4,140 3,858 3,722 3,540 3,633 3,948
EBITDA 1 494 480 487 394 378 319 407.2 546.9
EBIT 1 278 258 269 176 118 147.8 246.8 270.5
Operating Margin 6.22% 6.2% 6.5% 4.56% 3.17% 4.18% 6.79% 6.85%
Earnings before Tax (EBT) 1 -2,106 -139 - - -332 -50 -166.7 -226.6
Net income 1 -1,934 -118 -28 - -296 -78.7 -166.2 -226.6
Net margin -43.3% -2.83% -0.68% - -7.95% -2.22% -4.58% -5.74%
EPS 2 -9.290 -0.6100 -0.1800 - -1.410 0.2800 -0.7650 -1.030
Free Cash Flow 1 -16 85 163 - 38 399.2 321.6 333.4
FCF margin -0.36% 2.04% 3.94% - 1.02% 11.28% 8.85% 8.44%
FCF Conversion (EBITDA) - 17.71% 33.47% - 10.05% 125.14% 78.99% 60.97%
FCF Conversion (Net income) - - - - - - - -
Dividend per Share - - - - - - - -
Announcement Date 2/20/20 2/18/21 2/16/22 2/14/23 2/14/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q2 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 1,038 1,048 967 928 977 986 - 896 827 837 870
EBITDA 1 130 114 109 87 105 95 - 52 49 55 75
EBIT 76 59 54 36 52 34 - - - - -
Operating Margin 7.32% 5.63% 5.58% 3.88% 5.32% 3.45% - - - - -
Earnings before Tax (EBT) 1 19 - - 5 - - - -40.5 363.5 -27.5 -8.5
Net income 1 11 - - - - - -7 -32.4 290.8 -22 -6.8
Net margin 1.06% - - - - - - -3.62% 35.16% -2.63% -0.78%
EPS 2 0.0400 -0.2000 0.6100 -0.0100 - - -0.0400 -0.1500 1.340 -0.1000 -0.0300
Dividend per Share - - - - - - - - - - -
Announcement Date 11/4/21 2/16/22 5/3/22 8/2/22 11/1/22 2/14/23 8/2/23 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1,018 1,060 998 - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 2.061 x 2.208 x 2.049 x - - - - -
Free Cash Flow 1 -16 85 163 - 38 399 322 333
ROE (net income / shareholders' equity) 6.19% 11.6% 13.5% - - - - -
ROA (Net income/ Total Assets) 2.5% 3.28% 3.79% - - - - -
Assets 1 -77,320 -3,593 -739.4 - - - - -
Book Value Per Share 6.150 5.610 5.250 - - - - -
Cash Flow per Share - - - - - - - -
Capex 1 148 76 80 - 93 110 103 -
Capex / Sales 3.31% 1.83% 1.93% - 2.5% 3.11% 2.84% -
Announcement Date 2/20/20 2/18/21 2/16/22 2/14/23 2/14/24 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
3.06 USD
Average target price
6.57 USD
Spread / Average Target
+114.71%
Consensus
  1. Stock Market
  2. Equities
  3. CNDT Stock
  4. Financials Conduent Incorporated