EGOV  valuation analysis

Basics
Name: NIC Inc
Description: NIC Inc., together with its subsidiaries, provides digital government services that enable governments to use technology to provide various services to businesses and citizens in the United States. (more)
Industry: Software-Application
Last 10Qℹ10Qs are quarterly reports which contain a company's financial figures. We use these to calculate the FFER.: Feb 10, 2021
Market cap: $2.33B (915th)
Sales(TTM): $460.45M (1131st)
Earnings(TTM): $68.59M (786th)
Value
FFER: 0.99 (why)
Actual price: $34.71
FFEℹThis is NIC Inc's the estimated price. FFEs are the denominator of the FFER ratio.: $35.00
Quantile: EGOV is priced correctly given its fundamentals.
Prices as of EOD 2021-02-26
Price & Estimates
Sales & Earnings history (TTM)
Notable
No notables found through heuristics.
Earnings / MarketCap
● NIC Inc
● "Software-Application" industry
Sales / MarketCap
● NIC Inc
● "Software-Application" industry
Book / MarketCap
● NIC Inc
● "Software-Application" industry
Equity / Assets
● NIC Inc
● "Software-Application" industry
ⓧ
EGOV
ⓧ
Earnings were reported Feb 10, 2021 but we do not yet have the financials for this quarter. This is probably because the company has simply not yet released their full quarterly financials. However, this might also be a problem with data quality on our end. Regardless, after earnings are released, we cannot calculate the FFER without updated financials.
ⓧ
Description
NIC Inc., together with its subsidiaries, provides digital government services that enable governments to use technology to provide various services to businesses and citizens in the United States. Its portals consist websites and applications that enable businesses and citizens to access government information through online channels, such as applying for a permit, retrieving government records, or filing a government-mandated form or report. The company's portal service offerings include motor vehicle driver history record retrieval; vehicle title, lien, and registration; motor vehicle inspections; temporary vehicle tags; driver's license renewal; hunting and fishing licenses; health professional license services; professional license renewal; business registrations and renewals; secretary of state business searches; Uniform Commercial Code (UCC) searches and filings; limited criminal history searches; court services; vital records; income and property tax payments; and payment processing products and services. Its software & services business provides software development, payment processing, and other digital government services to state and local governments, as well as federal agencies. In addition, the company develops and manages the pre-employment screening program for motor carriers using transaction-based business model. Further, it offers application development and portal management services to governments. NIC Inc. was founded in 1991 and is based in Olathe, Kansas.
ⓧ
FFER components

A handful of financial components go into the FFER. Below are the relative values for EGOV. You can read more here.

Red = higher FFERs. Blue = lower FFERs.
Price/Salesexpensive
Price/Earningsexpensive
Price/Operating Incomeexpensive
Price/Bookvery expensive
Debt Ratiovery low
Dividend Yieldaverage
Sales growth (1y)very high
Sales growth (3y)high
Earnings growth (1y)high
Earnings growth (3y)average
ⓧ

Free valuation analysis for NIC Inc.

Just subscribe to the mailing list. Subscription is free and gets you access to the entire S&P 1500. Already subscribed? Visit the link sent in your first welcome email to login.
Not ready? There are a lot of stocks which don't require joining like Apple,  Tesla,  Amazon,  Visa,  Disney,  etc.
Your inbox will be respected. You will get no more than two emails per month - if that.
Your privacy is important to us. We'll never share your email with any third parties.
ⓧ

Get free valuation analysis.

  • Get free access to detailed valuation analysis for most of the S&P1500.
  • Hear when other services like microcap stocks, historic valuation, or an API are made available.
  • Your inbox will be respected. You will get no more than two emails per month - if that.

Your privacy is important to us. We'll never share your email with any third parties.