(CNDT) Conduent - Ratings and Ratios
Digital Business Solutions, Government Services, Toll Systems, Transit Payment
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 51.3% |
| Value at Risk 5%th | 75.9% |
| Relative Tail Risk | -9.93% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.31 |
| Alpha | -67.53 |
| CAGR/Max DD | -0.30 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.529 |
| Beta | 0.865 |
| Beta Downside | 1.236 |
| Drawdowns 3y | |
|---|---|
| Max DD | 63.52% |
| Mean DD | 31.94% |
| Median DD | 31.35% |
Description: CNDT Conduent October 25, 2025
Conduent Inc. (NASDAQ:CNDT) delivers digital business solutions across commercial, government, and transportation markets, operating through three distinct segments. The Commercial segment provides business-process outsourcing, customer-experience, healthcare-claims, and human-capital services. The Government segment focuses on public-assistance administration, digital payments, child-support processing, and eligibility systems for U.S. federal, state, local, and foreign entities. The Transportation segment supplies tolling, congestion-management, mileage-based user fees, and dispatch technologies to transit agencies.
As of FY 2023, Conduent reported revenue of roughly $4.5 billion, with an operating margin hovering near 3 %-reflecting the capital-intensive nature of its government contracts and competitive pricing pressures. Recent earnings calls highlighted a 7 % year-over-year increase in digital-payments volume, driven by expanding electronic tolling adoption and broader public-sector digitization. Key macro drivers include sustained federal infrastructure spending, which underpins demand for transportation-related solutions, and the ongoing trend of outsourcing non-core functions to improve public-sector efficiency.
For a deeper quantitative assessment, you might explore ValueRay’s detailed earnings model for CNDT to see how these trends translate into projected cash flows and valuation metrics.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income (-149.0m TTM) > 0 and > 6% of Revenue (6% = 184.3m TTM) |
| FCFTA -0.05 (>2.0%) and ΔFCFTA -2.65pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 14.71% (prev 17.61%; Δ -2.90pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.03 (>3.0%) and CFO -71.0m > Net Income -149.0m (YES >=105%, WARN >=100%) |
| Net Debt (618.0m) to EBITDA (38.0m) ratio: 16.26 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.64 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (161.2m) change vs 12m ago -5.84% (target <= -2.0% for YES) |
| Gross Margin 17.71% (prev 19.98%; Δ -2.27pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 115.0% (prev 123.5%; Δ -8.48pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -3.12 (EBITDA TTM 38.0m / Interest Expense TTM 49.0m) >= 6 (WARN >= 3) |
Altman Z'' -4.49
| (A) 0.18 = (Total Current Assets 1.15b - Total Current Liabilities 702.0m) / Total Assets 2.50b |
| (B) -1.03 = Retained Earnings (Balance) -2.58b / Total Assets 2.50b |
| warn (B) unusual magnitude: -1.03 — check mapping/units |
| (C) -0.06 = EBIT TTM -153.0m / Avg Total Assets 2.67b |
| (D) -1.84 = Book Value of Equity -3.02b / Total Liabilities 1.64b |
| Total Rating: -4.49 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 14.25
| 1. Piotroski 2.50pt |
| 2. FCF Yield -12.81% |
| 3. FCF Margin -3.87% |
| 4. Debt/Equity 1.03 |
| 5. Debt/Ebitda 16.26 |
| 6. ROIC - WACC (= -16.41)% |
| 7. RoE -17.44% |
| 8. Rev. Trend -91.97% |
| 9. EPS Trend -87.95% |
What is the price of CNDT shares?
Over the past week, the price has changed by +2.56%, over one month by +4.71%, over three months by -29.08% and over the past year by -53.70%.
Is CNDT a buy, sell or hold?
- Strong Buy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the CNDT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 7 | 250% |
| Analysts Target Price | 7 | 250% |
| ValueRay Target Price | 1.6 | -20% |
CNDT Fundamental Data Overview December 10, 2025
P/S = 0.1013
P/B = 0.4158
P/EG = 4.44
Beta = 1.343
Revenue TTM = 3.07b USD
EBIT TTM = -153.0m USD
EBITDA TTM = 38.0m USD
Long Term Debt = 697.0m USD (from longTermDebt, last quarter)
Short Term Debt = 68.0m USD (from shortTermDebt, last quarter)
Debt = 882.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 618.0m USD (from netDebt column, last quarter)
Enterprise Value = 929.2m USD (311.2m + Debt 882.0m - CCE 264.0m)
Interest Coverage Ratio = -3.12 (Ebit TTM -153.0m / Interest Expense TTM 49.0m)
FCF Yield = -12.81% (FCF TTM -119.0m / Enterprise Value 929.2m)
FCF Margin = -3.87% (FCF TTM -119.0m / Revenue TTM 3.07b)
Net Margin = -4.85% (Net Income TTM -149.0m / Revenue TTM 3.07b)
Gross Margin = 17.71% ((Revenue TTM 3.07b - Cost of Revenue TTM 2.53b) / Revenue TTM)
Gross Margin QoQ = 17.73% (prev 18.17%)
Tobins Q-Ratio = 0.37 (Enterprise Value 929.2m / Total Assets 2.50b)
Interest Expense / Debt = 1.36% (Interest Expense 12.0m / Debt 882.0m)
Taxrate = -21.05% (negative due to tax credits) (8.00m / -38.0m)
NOPAT = -185.2m (EBIT -153.0m * (1 - -21.05%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 1.64 (Total Current Assets 1.15b / Total Current Liabilities 702.0m)
Debt / Equity = 1.03 (Debt 882.0m / totalStockholderEquity, last quarter 859.0m)
Debt / EBITDA = 16.26 (Net Debt 618.0m / EBITDA 38.0m)
Debt / FCF = -5.19 (negative FCF - burning cash) (Net Debt 618.0m / FCF TTM -119.0m)
Total Stockholder Equity = 854.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.96% (Net Income -149.0m / Total Assets 2.50b)
RoE = -17.44% (Net Income TTM -149.0m / Total Stockholder Equity 854.2m)
RoCE = -9.86% (EBIT -153.0m / Capital Employed (Equity 854.2m + L.T.Debt 697.0m))
RoIC = -12.79% (negative operating profit) (NOPAT -185.2m / Invested Capital 1.45b)
WACC = 3.62% (E(311.2m)/V(1.19b) * Re(9.20%) + D(882.0m)/V(1.19b) * Rd(1.36%) * (1-Tc(-0.21)))
Discount Rate = 9.20% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -13.14%
Fair Price DCF = unknown (Cash Flow -119.0m)
EPS Correlation: -87.95 | EPS CAGR: -31.75% | SUE: -0.11 | # QB: 0
Revenue Correlation: -91.97 | Revenue CAGR: -7.99% | SUE: -1.36 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.09 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=1
Additional Sources for CNDT Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle