A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
NICE Ltd.
NICE
$6.0B
Mkt Cap
$95.01
+9.43%
NICE Ltd. (NICE) has a current P/E ratio of 9.8, compared to its historical median P/E of 39.4. The stock is currently considered Cheap based on its historical valuation range.
NICE Ltd. (NICE) has a 5-year average return on invested capital (ROIC) of 14.2%. This indicates solid capital allocation.
NICE Ltd. (NICE) has a market capitalization of $6.0B. It is classified as a mid-cap stock.
NICE Ltd. (NICE) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 8.13%.
Based on historical P/E analysis, NICE Ltd. (NICE) appears cheap. The current P/E of 9.8 is 75% below its historical median of 39.4. The estimated fair value CAGR (P/E method) is 18.4%.
NICE Ltd. (NICE) operates in the Services-Prepackaged Software industry, within the Technology sector.
NICE Ltd. (NICE) reported annual revenue of $2.9 billion in its most recent fiscal year, based on SEC EDGAR filings.
Not Applicable.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 2.9B | 2.9B | 2.7B | 2.4B | 2.2B | 1.9B |
| Net Income | 612M | 612M | 439M | 337M | 265M | 200M |
| EPS | $9.67 | $9.67 | $6.76 | $5.11 | $4.00 | $2.98 |
| Free Cash Flow | 698M | 698M | 798M | 532M | 448M | 437M |
| ROIC | 15.7% | 18.8% | 15.9% | 13.6% | 11.8% | 10.9% |
| Gross Margin | 66.4% | 66.4% | 66.7% | 67.7% | 68.7% | 67.5% |
| Debt/Equity | 0.02 | 0.02 | 0.13 | 0.20 | 0.22 | 0.29 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 646M | 646M | 546M | 435M | 335M | 264M |
| Operating Margin | 21.9% | 21.9% | 20.0% | 18.3% | 15.4% | 13.7% |
| ROE | 15.8% | 16.4% | 12.7% | 10.5% | 9.0% | 7.4% |
| Shares Outstanding | 63M | 63M | 65M | 66M | 66M | 67M |
| Metric | TTM | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 872M | 927M | 1.0B | 1.3B | 1.4B | 1.6B | 1.6B | 1.9B | 2.2B | 2.4B | 2.7B | 2.9B | 2.9B |
| Gross Margin | 65.2% | 67.2% | 66.7% | 64.8% | 65.6% | 66.2% | 65.9% | 67.5% | 68.7% | 67.7% | 66.7% | 66.4% | 66.4% |
| R&D | 123M | 128M | 142M | 181M | 184M | 194M | 218M | 271M | 306M | 323M | 361M | 360M | 360M |
| SG&A | 83M | 90M | 117M | 129M | 153M | 168M | 181M | 225M | 247M | 252M | 277M | 289M | 289M |
| EBIT | 106M | 166M | 134M | 150M | 198M | 239M | 242M | 264M | 335M | 435M | 546M | 646M | 646M |
| Op. Margin | 12.2% | 17.9% | 13.2% | 11.3% | 13.7% | 15.2% | 14.7% | 13.7% | 15.4% | 18.3% | 20.0% | 21.9% | 21.9% |
| Net Income | 103M | 259M | 117M | 143M | 159M | 186M | 197M | 200M | 265M | 337M | 439M | 612M | 612M |
| Net Margin | 11.8% | 27.9% | 11.5% | 10.8% | 11.0% | 11.8% | 11.9% | 10.4% | 12.2% | 14.2% | 16.1% | 20.8% | 20.8% |
| Non-Recurring | 5.4M | 8.9M | 10.0M | 9.9M | 13M | 7.7M | 9.6M | 8.8M | 8.3M | 11M | 12M | 11M | 11M |
| Returns on Capital | |||||||||||||
| ROIC | 9.9% | 14.0% | 8.0% | 8.0% | 8.6% | 8.7% | 9.9% | 10.9% | 11.8% | 13.6% | 15.9% | 18.8% | 15.7% |
| ROE | 8.5% | 19.7% | 8.0% | 8.8% | 8.5% | 8.7% | 8.2% | 7.4% | 9.0% | 10.5% | 12.7% | 16.4% | 15.8% |
| ROA | 6.3% | 14.9% | 5.2% | 5.2% | 5.3% | 5.5% | 5.0% | 4.5% | 5.5% | 6.7% | 8.4% | 11.8% | 12.0% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 182M | 252M | 228M | 395M | 397M | 374M | 480M | 462M | 480M | 561M | 833M | 717M | 717M |
| Free Cash Flow | 166M | 236M | 201M | 355M | 365M | 347M | 456M | 437M | 448M | 532M | 798M | 698M | 698M |
| Owner Earnings | 43M | 107M | 21M | 140M | 76M | 77M | 110M | -8.5M | -89M | -45M | 435M | 260M | 260M |
| CapEx | 17M | 17M | 27M | 40M | 31M | 27M | 24M | 25M | 32M | 29M | 35M | 19M | 19M |
| Maint. CapEx | 109M | 117M | 166M | 197M | 253M | 217M | 268M | 317M | 386M | 430M | 216M | 311M | 311M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 109M | 117M | 166M | 197M | 253M | 217M | 268M | 317M | 386M | 430M | 216M | 311M | 311M |
| CapEx/OCF | 9.2% | 6.8% | 12.0% | 10.1% | 7.9% | 7.3% | 5.0% | 5.4% | 6.6% | 5.2% | 4.2% | 2.6% | 2.6% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 38M | 38M | 38M | 9.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | 1.6% | 1.1% | 1.0% | 0.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 94M | 68M | 44M | 24M | 26M | 47M | 48M | 73M | 145M | 288M | 369M | 489M | 489M |
| Buyback Yield | 3.1% | 1.9% | 1.1% | 0.4% | 0.4% | 0.5% | 0.3% | 0.4% | 1.1% | 2.2% | 3.3% | 6.9% | 8.1% |
| Stock-Based Comp | 30M | 28M | 41M | 57M | 67M | 81M | 102M | 153M | 183M | 177M | 182M | 146M | 146M |
| Debt Repayment | 0 | 0 | 0 | 260M | 0 | 0 | 215M | 177M | 20M | 2.6M | 192M | 460M | 460M |
| Balance Sheet | |||||||||||||
| Net Debt | N/A | N/A | 353M | 130M | 45M | 27M | -781M | -598M | -907M | -742M | -1.2B | -329M | -291M |
| Cash & Equiv. | 187M | 326M | 157M | 328M | 242M | 228M | 442M | 379M | 530M | 512M | 482M | 379M | 379M |
| Long-Term Debt | N/A | N/A | 444M | 448M | 456M | 213M | 421M | 429M | 455M | 457M | 0 | 0 | N/A |
| Debt/Equity | 0.35 | 0.31 | 0.36 | 0.30 | 0.26 | 0.21 | 0.27 | 0.29 | 0.22 | 0.20 | 0.13 | 0.02 | 0.02 |
| Interest Coverage | 1456.1 | 2516.8 | 72.1 | 15.7 | 17.6 | 20.4 | 31.2 | 26.2 | 297.4 | 395.3 | 11868.6 | N/A | N/A |
| Equity | 1.2B | 1.4B | 1.5B | 1.7B | 2.0B | 2.3B | 2.6B | 2.8B | 3.0B | 3.3B | 3.6B | 3.9B | 3.9B |
| Total Assets | 1.6B | 1.8B | 2.6B | 2.8B | 3.2B | 3.6B | 4.2B | 4.7B | 4.9B | 5.1B | 5.3B | 5.1B | 5.1B |
| Total Liabilities | 419M | 434M | 1.1B | 1.1B | 1.2B | 1.4B | 1.6B | 1.9B | 1.8B | 1.8B | 1.7B | 1.2B | 1.2B |
| Intangibles | 110M | 68M | 619M | 551M | 508M | 411M | 366M | 295M | 210M | 306M | 231M | 588M | 588M |
| Retained Earnings | 412M | 632M | 711M | 851M | 1.1B | 1.3B | 1.5B | 1.7B | 1.9B | 2.3B | 2.7B | 3.3B | 3.3B |
| Working Capital | 107M | 276M | 36M | 170M | 236M | -65M | 898M | 1.0B | 1.3B | 1.2B | 1.0B | 492M | 492M |
| Current Assets | 485M | 655M | 509M | 693M | 861M | 876M | 1.9B | 2.3B | 2.4B | 2.3B | 2.5B | 1.4B | 1.4B |
| Current Liabilities | 378M | 379M | 473M | 523M | 625M | 941M | 1.0B | 1.3B | 1.1B | 1.1B | 1.5B | 888M | 888M |
| Per Share Data | |||||||||||||
| EPS | 1.69 | 4.22 | 1.92 | 2.31 | 2.52 | 2.88 | 2.98 | 2.98 | 4.00 | 5.11 | 6.76 | 9.67 | 9.67 |
| Owner EPS | 0.71 | 1.75 | 0.35 | 2.26 | 1.21 | 1.19 | 1.67 | -0.13 | -1.35 | -0.68 | 6.69 | 4.10 | 4.10 |
| Book Value | 19.90 | 23.07 | 24.82 | 28.20 | 31.89 | 34.97 | 38.85 | 42.18 | 45.90 | 50.74 | 55.21 | 61.24 | 61.24 |
| Cash Flow/Share | 2.99 | 4.11 | 3.75 | 6.36 | 6.27 | 5.80 | 7.28 | 6.90 | 7.24 | 8.53 | 12.81 | 11.32 | 14.58 |
| Dividends/Share | 0.64 | 0.64 | 0.64 | 0.16 | 0.00 | 0.00 | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 61.0M | 61.3M | 60.9M | 62.0M | 63.2M | 64.5M | 66.0M | 67.0M | 66.3M | 65.9M | 65.0M | 63.3M | 63.3M |
| Valuation | |||||||||||||
| P/E Ratio | 29.4 | 13.7 | 35.3 | 39.3 | 42.6 | 54.3 | 94.3 | 104.4 | 47.5 | 39.4 | 25.7 | 11.7 | 9.8 |
| P/FCF | 18.3 | 15.1 | 20.6 | 15.9 | 18.6 | 29.1 | 40.7 | 47.7 | 28.1 | 24.9 | 14.1 | 10.2 | 8.6 |
| EV/EBIT | N/A | N/A | 33.0 | 38.0 | 34.2 | 43.4 | 74.3 | 78.0 | 35.6 | 29.4 | 20.4 | 10.4 | 8.9 |
| Price/Book | 2.5 | 2.5 | 2.7 | 3.2 | 3.4 | 4.5 | 7.2 | 7.4 | 4.2 | 4.0 | 3.2 | 1.8 | 1.6 |
| Price/Sales | 4.2 | 5.9 | N/A | 3.5 | 4.5 | 5.6 | 7.9 | 9.1 | 6.5 | 5.5 | 4.7 | 3.2 | 2.0 |
| FCF Yield | 5.5% | 6.6% | 4.9% | 6.3% | 5.4% | 3.4% | 2.5% | 2.1% | 3.5% | 4.0% | 7.0% | 9.8% | 11.6% |
| Market Cap | 3.0B | 3.6B | 4.1B | 5.6B | 6.8B | 10.1B | 18.5B | 20.8B | 12.6B | 13.3B | 11.4B | 7.1B | 6.0B |
| Avg. Price | 40.34 | 58.98 | 63.66 | 76.22 | 103.89 | 137.33 | 197.16 | 261.71 | 213.11 | 198.62 | 195.45 | 148.27 | 95.01 |
| Year-End Price | 49.71 | 57.98 | 67.85 | 90.73 | 107.30 | 156.34 | 281.05 | 311.15 | 189.94 | 201.20 | 173.45 | 112.69 | 95.01 |
NICE Ltd. passes 8 of 9 quality checks, indicating strong fundamentals.
NICE Ltd. trades at 9.8x trailing earnings, compared to its 15-year median P/E of 39.4x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 8.6x vs a median of 22.7x. The company's 5-year average ROIC is 14.2% with a gross margin of 67.4%. Total shareholder yield (buybacks) is 8.1%. At current prices, the estimated annualized return to fair value is +10.5%.
NICE Ltd. (NICE) has a net profit margin of 20.8%. This is a strong margin indicating high profitability.
NICE Ltd. (NICE) generated $698 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
NICE Ltd. (NICE) has a debt-to-equity ratio of 0.02. This indicates a conservatively financed balance sheet.
NICE Ltd. (NICE) reported earnings per share (EPS) of $9.67 in its most recent fiscal year.
NICE Ltd. (NICE) has a return on equity (ROE) of 16.4%. This indicates the company generates strong returns for shareholders.
NICE Ltd. (NICE) has a 5-year average gross margin of 67.4%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 16 years of financial data for NICE Ltd. (NICE), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
NICE Ltd. (NICE) has a book value per share of $61.24, based on its most recent annual SEC filing.