AI Spotlight on CNXC
Company Description
Concentrix Corporation provides technology-infused customer experience (CX) solutions worldwide.The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services.It also offers customer lifecycle management; customer experience/user experience strategy and design; digital transformation; and voice of the customer and analytics solutions.
The company's clients include consumer electronics, technology, e-commerce, and health insurance companies, as well as global IPOs, social brands, and banks.Concentrix Corporation was incorporated in 2009 and is based in Fremont, California.
Market Data
Last Price | 52.28 |
Change Percentage | -1.65% |
Open | 53 |
Previous Close | 53.16 |
Market Cap ( Millions) | 3367 |
Volume | 631772 |
Year High | 86.55 |
Year Low | 36.28 |
M A 50 | 45.52 |
M A 200 | 56.2 |
Financial Ratios
FCF Yield | 12.73% |
Dividend Yield | 2.43% |
ROE | 6.13% |
Debt / Equity | 0.06% |
Net Debt / EBIDTA | -17.48% |
Price To Book | 0.83 |
Price Earnings Ratio | 13.38 |
Price To FCF | 7.85 |
Price To sales | 0.35 |
EV / EBITDA | 2.3 |
News
- Jan -17 - Concentrix: Better Than Expected Results, GenAI, And Cheap
- Jan -16 - Concentrix Corporation (CNXC) Q4 2024 Earnings Call Transcript
- Jan -15 - Concentrix Reports Fourth Quarter and Fiscal Year 2024 Results
- Jan -10 - Concentrix Gears Up to Report Q4 Earnings: What's in the Offing?
- Jan -09 - Top Wall Street Forecasters Revamp Concentrix Price Expectations Ahead Of Q4 Earnings
- Dec -05 - Stock Picks From Seeking Alpha's November 2024 New Analysts
- Nov -12 - New Strong Sell Stocks for November 12th
- Nov -11 - Concentrix to share new insights on AI and intelligent experiences at Web Summit 2024
- Nov -01 - Concentrix: Significant Business Growth Driven By AI, And Cheap Valuation
- Sep -25 - Concentrix Corporation (CNXC) Q3 2024 Earnings Call Transcript
- Sep -25 - Concentrix Corporation (CNXC) Q3 Earnings Miss Estimates
- Sep -25 - Concentrix Introduces Intelligent Experience Technology Product Suite with Launch of iX Helloβ’
- Sep -25 - Concentrix Reports Third Quarter 2024 Results
- Sep -19 - Concentrix: Hardly Growing Post-Merger (Rating Downgrade)
- Sep -05 - Concentrix Schedules Release of Third Quarter 2024 Financial Results and Webcast of Investor Conference Call
- Aug -29 - Guess?, Nvidia, Pure Storage, Applied Digital And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
- Jul -08 - Concentrix Sets Bold Goals to Support People and PlanetΒ in New Sustainability Report
- Jun -26 - Concentrix Corporation (CNXC) Q2 2024 Earnings Call Transcript
- Jun -26 - Concentrix Corporation (CNXC) Q2 Earnings and Revenues Surpass Estimates
- Jun -26 - Concentrix Reports Second Quarter 2024 Results
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Technology and Consumer Electronics
Expected Growth : 12 %
What the company do ?
Technology and Consumer Electronics from Concentrix Corporation provides innovative solutions for consumer electronics, IoT, and technology companies, enhancing customer experiences and driving business growth.
Why we expect these perspectives ?
Concentrix Corporation's Technology and Consumer Electronics segment growth of 12% is driven by increasing demand for digital transformation, cloud adoption, and IoT integration. Additionally, the rise of e-commerce, social media, and online marketplaces fuels growth in consumer electronics. Furthermore, the need for efficient supply chain management and customer experience enhancement also contributes to this growth.
Segment nΒ°2 -> Retail, Travel and Ecommerce
Expected Growth : 8 %
What the company do ?
Concentrix Corporation's Retail, Travel, and Ecommerce segment provides customer management services to retail, travel, and ecommerce companies, enhancing customer experiences and driving business growth.
Why we expect these perspectives ?
Concentrix Corporation's 8% growth in Retail, Travel, and Ecommerce is driven by increasing online shopping adoption, rising demand for digital customer experience, and growing need for omnichannel support. Additionally, the shift towards cloud-based solutions, investments in AI-powered chatbots, and expansion into new markets also contribute to this growth.
Segment nΒ°3 -> Communications and Media
Expected Growth : 9 %
What the company do ?
Communications and Media from Concentrix Corporation provides customer experience management and business process outsourcing services to the communications and media industries.
Why we expect these perspectives ?
Concentrix Corporation's Communications and Media segment growth of 9% is driven by increasing demand for digital transformation, cloud-based services, and cybersecurity solutions. Additionally, the rise of 5G networks, IoT devices, and streaming services fuels growth in this segment. Furthermore, the company's strategic acquisitions and partnerships have expanded its capabilities, enabling it to capitalize on emerging trends and opportunities.
Segment nΒ°4 -> Banking, Financial Services and Insurance
Expected Growth : 7 %
What the company do ?
Concentrix Corporation's Banking, Financial Services and Insurance (BFSI) segment provides business process outsourcing services to clients in the banking, financial services, and insurance industries.
Why we expect these perspectives ?
Concentrix Corporation's 7% growth in Banking, Financial Services and Insurance is driven by increasing demand for digital transformation, regulatory compliance, and customer experience enhancement. Additionally, the need for cost reduction, process automation, and risk management are key factors contributing to this growth.
Segment nΒ°5 -> Healthcare
Expected Growth : 11 %
What the company do ?
Healthcare from Concentrix Corporation provides business process outsourcing services to healthcare organizations, including claims processing, customer service, and data analytics.
Why we expect these perspectives ?
Concentrix Corporation's 11% growth in Healthcare is driven by increasing demand for outsourcing services, expansion into new markets, and strategic acquisitions. The company's expertise in claims processing, benefits administration, and patient engagement has enabled it to capitalize on the growing need for cost-effective and efficient healthcare management solutions.
Segment nΒ°6 -> Other
Expected Growth : 6 %
What the company do ?
Concentrix Corporation's 'Other' segment includes revenue from various sources, such as document management, consulting, and other miscellaneous services.
Why we expect these perspectives ?
Concentrix Corporation's 6% growth is driven by increasing demand for digital transformation services, expansion into high-growth industries, and strategic acquisitions. Additionally, the company's focus on operational efficiency, cost savings, and investments in emerging technologies such as AI and cloud computing are contributing to its growth momentum.
Concentrix Corporation Products
Product Range | What is it ? |
---|---|
Customer Experience (CX) Solutions | Concentrix provides customer experience solutions that help businesses deliver exceptional customer service through various channels such as voice, email, chat, and social media. |
Business Process Outsourcing (BPO) Services | Concentrix offers BPO services that help businesses outsource non-core functions such as finance and accounting, human resources, and procurement. |
Digital Transformation Services | Concentrix provides digital transformation services that help businesses adopt digital technologies such as artificial intelligence, blockchain, and cloud computing. |
Analytics and Insights | Concentrix offers analytics and insights services that help businesses make data-driven decisions through advanced analytics and reporting. |
Automation and Robotics | Concentrix provides automation and robotics services that help businesses automate repetitive tasks and improve efficiency. |
Cloud and Infrastructure Services | Concentrix offers cloud and infrastructure services that help businesses migrate to the cloud and manage their infrastructure. |
Concentrix Corporation's Porter Forces
Threat Of Substitutes
Concentrix Corporation operates in a highly competitive industry, and there are many substitutes available to customers. However, the company's strong brand reputation and customer loyalty programs help to mitigate the threat of substitutes.
Bargaining Power Of Customers
Concentrix Corporation's customers have a high bargaining power due to the availability of substitutes and the company's dependence on a few large clients. This gives customers the power to negotiate prices and terms.
Bargaining Power Of Suppliers
Concentrix Corporation has a diverse supplier base, and no single supplier has a significant impact on the company's operations. This reduces the bargaining power of suppliers.
Threat Of New Entrants
The threat of new entrants in the industry is moderate, as there are barriers to entry such as high capital requirements and regulatory hurdles. However, the industry is attractive, and new entrants may still pose a threat to Concentrix Corporation.
Intensity Of Rivalry
The industry in which Concentrix Corporation operates is highly competitive, with many players competing for market share. This leads to a high intensity of rivalry, which can affect the company's pricing power and profitability.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
Value | |
---|---|
Debt Weight | 54.40% |
Debt Cost | 5.29% |
Equity Weight | 45.60% |
Equity Cost | 7.05% |
WACC | 6.09% |
Leverage | 119.28% |
Concentrix Corporation : Quality Control
Concentrix Corporation passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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