CASS Stock Analysis: Cass Information Systems | NASDAQ
Specialty Business Services | NASDAQ, USA | Market Cap: 683m USD | 12M Return: 49.7% | US14808P1093 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.01M
EPS Trend: 13.1%
Qual. Beats: 0
Rev. Trend: -84.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Cass Information Systems (NASDAQ: CASS) is a Saint Louis-based provider of payment and information services to U.S. manufacturing, distribution, and retail enterprises. The company operates through two segments: Information Services, which handles freight invoice rating, payment processing, auditing, facility-related invoice management (electricity, gas, waste, telecom), telecom expense management, and church/generosity software for faith-based organizations; and Banking Services, delivered through its Cass Commercial Bank subsidiary, which offers deposit accounts, commercial and real estate loans, and cash management services to privately held businesses, restaurant franchises, and faith-based ministries. Founded in 1906 (formerly Cass Commercial Corporation until 2001), CASS maintains its headquarters and primary banking facility in downtown St. Louis, Missouri, with additional locations in Bridgeton, Missouri and Colorado Springs, Colorado.
Within the Industrials sectors Data Processing & Outsourced Services subsector, CASS occupies a hybrid niche combining business-to-business (B2B) accounts-payable automation with embedded banking, an unusual dual-revenue structure compared to pure-play fintech peers. Its long-standing freight payment audit and utility invoice processing services align with broader outsourcing trends as corporations seek to digitize back-office financial workflows.
- Transportation volume trends drive freight payment processing revenue
- Interest rate cuts compress Banking Services net interest margins
- B2B payment platform competition pressures Information Services fee income
| Net Income: 36.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.61 > 1.0 |
| NWC/Revenue: -994.1% < 20% (prev 72.84%; Δ -1.07k% < -1%) |
| CFO/TA 0.02 > 3% & CFO 48.6m > Net Income 36.7m |
| Net Debt (-157.6m) to EBITDA (56.7m): -2.78 < 3 |
| Current Ratio: 0.12 > 1.5 & < 3 |
| Outstanding Shares: last quarter (13.1m) vs 12m ago -3.32% < -2% |
| Gross Margin: 93.18% > 18% (prev 84.64%; Δ 8.53% > 0.5%) |
| Asset Turnover: 8.41% > 50% (prev 8.92%; Δ -0.52% > 0%) |
| Interest Coverage Ratio: 3.10 > 6 (EBIT TTM 49.5m / Interest Expense TTM 16.0m) |
| A: -0.80 (Total Current Assets 273.2m - Total Current Liabilities 2.29b) / Total Assets 2.52b |
| B: 0.07 (Retained Earnings 178.3m / Total Assets 2.52b) |
| C: 0.02 (EBIT TTM 49.5m / Avg Total Assets 2.42b) |
| D: 0.11 (Book Value of Equity 244.7m / Total Liabilities 2.27b) |
| Altman-Z'' = -4.78 = D |
| DSRI: 0.75 (Receivables 44.7m/60.3m, Revenue 203.1m/206.6m) |
| GMI: 0.91 (GM 84.64% / 93.18%) |
| AQI: 2.80 (AQ_t 0.88 / AQ_t-1 0.31) |
| SGI: 0.98 (Revenue 203.1m / 206.6m) |
| TATA: -0.00 (NI 36.7m - CFO 48.6m) / TA 2.52b) |
| Beneish M = -2.25 (Cap -4..+1) = BBB |
As of October 14, 2026, the stock is trading at USD 53.71 with a total of 62,303 shares traded. Over the past week, the price has changed by -0.35%, over one month by -3.54%, over three months by +2.97% and over the past year by +49.68%.
Current recommended Stop Loss: 51.30 (which is 4.5% or 2.4 ATR below the current price).
Cass Information Systems has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold CASS.
- StrongBuy: 0
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 59.5 | 10.8% |
P/E Trailing = 19.241
P/E Forward = 18.622
P/S = 3.1787
P/B = 2.8233
Revenue TTM = 203.1m USD
EBIT TTM = 49.5m USD
EBITDA TTM = 56.7m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 80.0m USD (from shortTermDebt, last quarter)
Debt = 80.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -157.6m USD (calculated: Debt 80.0m - CCE 237.6m)
Enterprise Value = 525.8m USD (683.4m + Debt 80.0m - CCE 237.6m)
Interest Coverage Ratio = 3.10 (Ebit TTM 49.5m / Interest Expense TTM 16.0m)
EV/FCF = 12.57x (Enterprise Value 525.8m / FCF TTM 41.8m)
FCF Yield = 7.96% (FCF TTM 41.8m / Enterprise Value 525.8m)
FCF Margin = 20.60% (FCF TTM 41.8m / Revenue TTM 203.1m)
Net Margin = 18.08% (Net Income TTM 36.7m / Revenue TTM 203.1m)
Gross Margin = 93.18% ((Revenue TTM 203.1m - Cost of Revenue TTM 13.9m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.21 (Enterprise Value 525.8m / Total Assets 2.52b)
Interest Expense / Debt = 19.99% (Interest Expense 16.0m / Debt 80.0m)
Taxrate = 19.59% (8.95m / 45.7m)
NOPAT = 39.8m (EBIT 49.5m * (1 - 19.59%))
Current Ratio = 0.08 (Total Current Assets 273.2m / Total Current Liabilities 3.32b)
Debt / Equity = 0.33 (Debt 80.0m / totalStockholderEquity, last quarter 244.7m)
Debt / EBITDA = -2.78 (Net Debt -157.6m / EBITDA 56.7m)
Debt / FCF = -3.77 (Net Debt -157.6m / FCF TTM 41.8m)
Total Stockholder Equity = 243.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.52% (Net Income 36.7m / Total Assets 2.52b)
RoE = 15.09% (Net Income TTM 36.7m / Total Stockholder Equity 243.2m)
RoCE = 20.37% (EBIT 49.5m / Capital Employed (Equity 243.2m + L.T.Debt 0.0))
RoIC = 1.59% (NOPAT 39.8m / Invested Capital 2.51b)
WACC = 8.20% (E(683.4m)/V(763.4m) * Re(7.28%) + D(80.0m)/V(763.4m) * Rd(19.99%) * (1-Tc(0.20)))
Discount Rate = 7.28% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.02 | Cagr: -2.34%
[DCF] Terminal Value 77.97% ; FCFF base≈34.8m ; Y1≈39.9m ; Y5≈58.8m
[DCF] Fair Price = 81.57 (EV 884.5m - Net Debt -157.6m = Equity 1.04b / Shares 12.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 13.10 | EPS CAGR: 3.16% | SUE: -0.06 | # QB: 0
Revenue Correlation: -84.77 | Revenue CAGR: -1.58% | SUE: -0.07 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.80 | Chg30d=+0.63% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=2.98 | Chg30d=-0.50% | Revisions=+0% | GrowthEPS=+29.2% | GrowthRev=+5.2%
EPS next Year (2027-12-31): EPS=3.62 | Chg30d=+5.07% | Revisions=+25% | GrowthEPS=+21.4% | GrowthRev=+6.5%
[Analyst] Revisions Ratio: +12% (up=3, down=2)