# Concentrix Corporation Common Stock (CNXC) — Stock CV

Concentrix Corporation is a $1.59B technology company. Revenue grew 2.6% over the last year, it currently loses money, and its net debt equals ~7.4 years of free cash flow.

> Concentrix Corp is a technology and services company. It designs, implements, and manages end-to-end solutions, including customer experience process optimization, technology development and design engineering, front- and back-office automation, analytics, and business transformation services.

## Identity

- **Ticker**: CNXC
- **Sector**: Technology
- **Industry**: Services-Business Services, Nec
- **Headquarters**: NEWARK, CA
- **Employees**: 455 000
- **Website**: https://www.concentrix.com
- **Market cap**: $1.59B
- **Last price**: $25.95
- **Financial profile**: Strained

## Vitals (TTM)

- **Revenue**: $9.97B
- **Net income**: -$2.39B
- **Free cash flow**: $575M
- **Net debt**: $4.25B
- **P/E**: 11.0
- **Revenue growth (YoY)**: 2.6%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 100 |
| Growth | 45 |
| Profitability | 0 |
| Health | 17 |
| Quality | 55 |
| Moat | 38 |

## Qualifications (beginner checklist) — 4 of 11 passed

- [x] Revenue growing — +2.6% YoY
- [ ] Profitable — -$2.39B TTM
- [ ] Profit growing — -609.1% YoY
- [x] Generates cash — $575M TTM
- [ ] Debt under control — ~7.4y of cash flow to repay
- [ ] Established company — $1.59B market cap
- [ ] Not printing shares — +21.4% shares over ~5y
- [ ] Proven track record — 4/5 profitable years
- [ ] Financially stable — health score 12/100
- [x] Pays a dividend — yield 5.76%
- [x] Valuation not extreme — P/E 11.0

## Experience (career milestones)

- **Jan 15, 2025** — Concentrix announced its acquisition and incorporation of Philippines' CX-SP BlinkCX, a…
- **Mar 29, 2023** — Concentrix announced the acquisition and merger of Concentrix and Webhelp in a transaction worth…
- **FY2022** — Best year on record: $435M net income
- **FY2021** — First recorded profitable year: $406M net income
- **FY2021** — Revenue already above $1B: $5.59B in first reported year
- **FY2021** — Positive free cash flow every year since: 5-year streak
- **Dec 1, 2020** — It was a subsidiary of SYNNEX Corporation (NYSE: SNX) since 2006 and went public as an independent company on…
- **Jun 28, 2018** — Convergys and Synnex announced they had reached a definitive agreement in which Synnex would…
- **2006** — Concentrix has acquired eight companies since 2006, including IBM Daksh and the Minacs Group
- **1983** — Concentrix was founded in 1983, and it acquired its insurance administration business solutions and services in 2013…

## Strengths

- None stand out in the data.

## Watch-outs

- Not profitable — 24.0% net margin
- Thin interest coverage (-3.5×)
- Loss-making in 1 of the recent years
- Net debt equals ~7.4 years of free cash flow

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $5.59B | $406M | $365M |
| FY2022 | $6.32B | $435M | $461M |
| FY2023 | $7.11B | $314M | $497M |
| FY2024 | $9.62B | $251M | $429M |
| FY2025 | $9.83B | -$1.28B | $572M |

---

Source: https://stockcv.com/CNXC — derived from company filings; may be delayed or incomplete. Information, not investment advice.