CN

Concentrix CorpNASDAQ CNXC Stock Report

Last reporting period 31 Aug, 2024

Updated 22 Nov, 2024

Last price

Market cap $B

4.147

Middle

Exchange

XNAS - Nasdaq

View Section: Eyestock Rating

Concentrix Fair Value

CN

The fair market value of CNXC stock is 67.09 USD. Relative to the market price of 43.72 USD Concentrix is undervalued by 53.4%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly undervalued 53.4%
67.09 USD
CNXC Fair Value
43.72 USD
Market price of CNXC

Concentrix Valuation

Current CNXC share ticker price is 43.72 USD.

The fair value level of 67.09 USD can be considered as an effective entry point for long-term investors to start investing in CNXC stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 53% lower its fair value

Min value

Current price is 9% lower its minimum value

Max value

Current price is 102% lower its maximum value

23.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

CNXC stock is greatly undervalued

It means the current price may concern as a Low Risk Entry Point

Concentrix Corp Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

23.29

2

Median P/E over 5 years

17.67

3

Minimum P/E over 5 years

12.58

4

Earning per share (last 12 months)

3.8 USD

Maximum value

1

x

4

=

88.43 USD

Fair value

2

x

4

=

67.09 USD

Minimum value

3

x

4

=

47.79 USD

Concentrix Corp price metrics

-16.92

Annual return (geometric mean)

40.49

Risk (standard deviation) of returns

β

0.62

Beta (volatility compared to market)

It means that CNXC stock is less volatile than the broader market

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View Section: Profitability