Concentrix Financials

CNXC Stock  USD 44.92  0.36  0.81%   
Based on the key measurements obtained from Concentrix's financial statements, Concentrix is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At present, Concentrix's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Liabilities is expected to grow to about 357.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 57.2 M. Key indicators impacting Concentrix's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.03440.0397
Fairly Down
Slightly volatile
Return On Assets0.03170.0226
Significantly Up
Slightly volatile
Return On Equity0.07730.0682
Moderately Up
Slightly volatile
Debt Equity Ratio1.081.37
Significantly Down
Slightly volatile
Operating Income798.6 M760.5 M
Sufficiently Up
Slightly volatile
Current Ratio0.911.24
Way Down
Slightly volatile
Investors should never underestimate Concentrix's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Concentrix's cash flow, debt, and profitability to make informed and accurate decisions about investing in Concentrix.

Net Income

244.67 Million

  
Understanding current and past Concentrix Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Concentrix's financial statements are interrelated, with each one affecting the others. For example, an increase in Concentrix's assets may result in an increase in income on the income statement.
Please note, the presentation of Concentrix's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Concentrix's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Concentrix's management manipulating its earnings.

Concentrix Stock Summary

Concentrix competes with Genpact, ExlService Holdings, Science Applications, CLARIVATE PLC, and WNS Holdings. Concentrix Corporation provides technology-infused customer experience solutions worldwide. Concentrix Corporation was incorporated in 2009 and is based in Fremont, California. Concentrix Corp operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 290000 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS20602D1019
CUSIP20602D101
LocationCalifornia; U.S.A
Business Address39899 Balentine Drive,
SectorProfessional Services
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.concentrix.com
Phone800 747 0583
CurrencyUSD - US Dollar

Concentrix Key Financial Ratios

Concentrix Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.2B5.0B6.7B12.5B14.4B15.1B
Other Current Liab650.6M651.7M743.5M1.5B1.7B909.4M
Other Liab485.6M381.8M655.9M276.8M249.1M357.5M
Net Tangible Assets(1.3B)(332.9M)151.2M2.7B3.1B3.3B
Net Debt992.5M620.0M2.1B4.6B5.3B5.6B
Accounts Payable140.6M129.4M161.2M243.6M280.1M140.4M
Cash152.7M182.0M145.4M295.3M339.6M179.4M
Other Assets179.2M161.2M627.1M148.6M170.9M282.7M
Net Receivables1.1B1.2B1.4B1.9B2.2B1.4B
Good Will1.8B1.8B2.9B5.1B5.8B6.1B
Other Current Assets189.2M153.1M218.5M674.4M775.6M814.4M
Total Liab2.9B2.4B4.0B8.3B9.6B10.1B
Net Invested Capital3.4B3.4B4.9B9.1B10.4B11.0B
Total Current Assets1.4B1.5B1.8B2.9B3.3B1.9B
Net Working Capital414.7M574.9M622.2M784.6M902.3M947.4M
Short Term Debt196.8M153.3M158.8M231.3M208.2M197.8M
Intangible Assets799.0M655.5M985.6M2.8B3.2B3.4B
Common Stock1.5B2.3B5K7K6.3K6.0K

Concentrix Key Income Statement Accounts

201920202021202220232024 (projected)
Tax Provision103.1M150.1M169.4M94.4M108.5M107.3M
Net Interest Income(48.3M)(23.0M)(70.1M)(201.0M)(180.9M)(171.9M)
Interest Expense48.3M23.0M70.1M201.0M231.2M242.7M
Total Revenue4.7B5.6B6.3B7.1B8.2B5.2B
Gross Profit1.7B2.0B2.3B2.6B3.0B1.9B
Operating Income39.6M301.6M365.5M661.3M760.5M798.6M
Ebit302.7M554.7M671.5M661.3M760.5M430.8M
Ebitda579.2M831.9M981.1M661.3M760.5M660.3M
Cost Of Revenue3.1B3.6B4.1B4.5B5.2B3.3B
Income Before Tax267.9M555.7M605.0M408.2M469.5M352.1M
Net Income164.8M405.6M435.0M313.8M360.9M244.7M
Income Tax Expense103.1M150.1M169.4M94.4M108.5M107.3M

Concentrix Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Concentrix's current stock value. Our valuation model uses many indicators to compare Concentrix value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Concentrix competition to find correlations between indicators driving Concentrix's intrinsic value. More Info.
Concentrix is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about  0.79  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Concentrix is roughly  1.26 . At present, Concentrix's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Concentrix's earnings, one of the primary drivers of an investment's value.

Concentrix Systematic Risk

Concentrix's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Concentrix volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Concentrix correlated with the market. If Beta is less than 0 Concentrix generally moves in the opposite direction as compared to the market. If Concentrix Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Concentrix is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Concentrix is generally in the same direction as the market. If Beta > 1 Concentrix moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Concentrix Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Concentrix's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Concentrix growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.44)

At present, Concentrix's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Concentrix November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Concentrix help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Concentrix. We use our internally-developed statistical techniques to arrive at the intrinsic value of Concentrix based on widely used predictive technical indicators. In general, we focus on analyzing Concentrix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Concentrix's daily price indicators and compare them against related drivers.

Complementary Tools for Concentrix Stock analysis

When running Concentrix's price analysis, check to measure Concentrix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Concentrix is operating at the current time. Most of Concentrix's value examination focuses on studying past and present price action to predict the probability of Concentrix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Concentrix's price. Additionally, you may evaluate how the addition of Concentrix to your portfolios can decrease your overall portfolio volatility.
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