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Cerence Inc Ordinary Shares CRNC

Morningstar Rating
$9.76 +0.14 (1.46%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CRNC is trading at a 45% discount.
Price
$9.68
Fair Value
$17.66
Uncertainty
Very High
1-Star Price
$13.79
5-Star Price
$6.16
Economic Moat
Skcq
Capital Allocation
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News

Trading Information

Previous Close Price
$9.62
Day Range
$9.5010.09
52-Week Range
$9.5036.79
Bid/Ask
$8.00 / $10.95
Market Cap
$406.74 Mil
Volume/Avg
981,215 / 531,708

Key Statistics

Price/Earnings (Normalized)
8.64
Price/Sales
1.19
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Cerence Inc is a United States-based software company. It is involved in developing mobility-based solutions for drivers and their cars. The customers include all automobile original equipment manufacturers, or OEMs, or their tier 1 suppliers. The company's revenue is generated by selling software licenses and cloud-connected services. Geographically, it derives a majority of its revenue from the United States and also has a presence in Other Americas; Germany; Other Europe, the Middle East, Africa; Japan, and Other Asia-Pacific.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Value
Total Number of Employees
1,700

Comparables

Valuation

Metric
CRNC
ALTR
VRNT
Price/Earnings (Normalized)
8.6469.3211.11
Price/Book Value
0.559.482.29
Price/Sales
1.1910.822.14
Price/Cash Flow
6.4254.7210.94
Price/Earnings
CRNC
ALTR
VRNT

Financial Strength

Metric
CRNC
ALTR
VRNT
Quick Ratio
1.392.081.19
Current Ratio
1.902.161.37
Interest Coverage
2.220.316.26
Quick Ratio
CRNC
ALTR
VRNT

Profitability

Metric
CRNC
ALTR
VRNT
Return on Assets (Normalized)
4.17%7.84%4.04%
Return on Equity (Normalized)
7.68%15.72%10.85%
Return on Invested Capital (Normalized)
6.18%9.33%5.36%
Return on Assets
CRNC
ALTR
VRNT
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