NICE Ltd. logo
NICE Ltd. NICE
$ 101.47 1.36%
report update icon

Quarterly report 2025-Q4
added 05-06-2026

NICE Ltd. Financial Ratios 2025-2007 | NICE

Brief overview of NICE Ltd.'s valuation multiples

The review covers five available annual periods spanning 2021 to 2025.

The current valuation set is P/E 11.83x (median 49.25x), EV/EBITDA 8.12x (median 25.57x), P/S 2.46x (median 6.24x). The combined multiple level is about 64.4% below the company's historical norm, suggesting more cautious expectations.

The 1/P/E calculation produces a 8.5% earnings yield. It does not capture future growth or capital structure.

Capital efficiency is characterized by ROE 15.8%, ROA 12%, ROCE 15.3%. Returns on capital and assets point to efficient economics and a strong internal source of growth.

On PEG (0.78x), valuation is restrained relative to growth, but one ratio cannot replace cash-flow and risk analysis.

The cash conversion cycle increased 38.1 days to 46.6 days, weakening working-capital efficiency.

Valuation takeaway

NICE Ltd. combines solid capital returns with a discount to its own history. The main question is whether earnings and growth are sustainable.

Annual Financial Ratios NICE Ltd.

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

P/E

11.8 20.4 49.3 51.4 96.1 90.4 51.8 41.7 38.8 35.5 13.9 28.2 43.4 33.2 39.7 36.5 34.4 - -

P/S

2.5 3.3 7.0 6.2 10.0 10.8 6.1 4.6 4.2 4.1 3.9 2.9 2.5 2.6 2.9 - - - -

EPS

9.8 7.0 5.3 4.2 3.1 3.1 3.0 2.6 2.4 2.0 4.3 1.7 0.9 1.1 0.9 0.8 0.7 0.7 -

EV (Enterprise Value)

6.86 B 8.49 B 16.1 B 13.1 B 19.2 B 19 B 10.8 B 7.59 B 6.32 B 5.12 B 3.71 B 3.15 B 2.73 B 2.63 B 2.49 B 1.67 B 1.26 B -144 M -117 M

EBITDA per Share

13.6 11.8 9.48 8.02 7.09 6.76 6.63 5.78 5.07 2.54 3 2.32 1.84 1.32 1.31 1.69 1.39 - -

EV/EBITDA

8.1 11.3 26.7 25.6 42.7 59.2 39.1 28.7 29.3 29.5 18.4 19.7 20.6 26.9 25.0 15.7 14.7 -1.8 -

PEG

0.78 1.62 4.66 5.28 3.55 3.93 1.82 1.35 1.08 -0.65 0.09 0.32 -2.54 1.51 2.38 - - - -

P/B

1.4 1.7 3.2 2.8 4.1 6.9 4.3 3.3 3.2 2.7 2.5 2.4 2.0 1.9 2.0 1.2 1.1 - -

P/CF

10.1 10.8 29.5 28.4 41.5 37.0 25.8 16.7 14.1 22.5 15.9 17.7 23.3 21.3 17.1 12.3 12.3 - -

ROE %

15.79 12.24 10.07 8.71 7.03 7.60 8.24 7.90 8.19 7.74 18.29 8.49 4.59 5.70 4.94 4.20 4.02 4.03 -

ROA %

11.99 8.30 6.58 5.46 4.24 4.65 5.15 4.97 5.04 4.44 13.99 6.28 3.34 4.09 3.62 3.17 3.05 - -

ROCE %

15.31 14.34 10.92 9.06 7.67 7.59 8.94 7.65 6.46 6.21 11.45 9.29 6.31 3.72 4.87 4.06 3.44 3.85 -

Current Ratio

- - - - - 2.6 2.7 2.7 2.6 1.1 1.6 1.3 1.2 1.4 1.5 - - - -

DSO

85.6 82.0 84.7 43.4 28.8 69.0 70.5 65.5 67.3 103.7 80.5 73.7 83.5 76.6 58.4 - - - -

DIO

- - - - - - - - 1.8 5.1 7.5 13.0 13.4 14.4 15.9 17.2 11.1 - -

DPO

39.0 35.4 29.0 24.6 20.2 20.6 20.6 21.7 21.4 27.7 14.1 11.6 26.0 21.4 22.6 31.4 20.3 - -

Operating Cycle

85.6 82.0 84.7 43.4 28.8 69.0 70.5 65.5 69.1 108.8 87.9 86.7 97.0 91.0 74.3 17.2 11.1 - -

Cash Conversion Cycle

46.6 46.6 55.7 18.8 8.6 48.3 49.9 43.8 47.6 81.1 73.8 75.2 71.0 69.7 51.7 -14.3 -9.2 - -

All numbers in USD currency

Quarterly Financial Ratios NICE Ltd.

2025-Q4 2024-Q4 2023-Q4 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q4 2009-Q4 2008-Q4 2007-Q4

EPS

9.82 6.97 5.32 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 0.78 0.7 0.65 -

EBITDA per Share

13.6 11.8 9.48 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1.69 1.39 - -

ROE %

42.30 30.53 22.32 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 4.20 4.02 4.03 -

ROA %

30.04 21.10 6.58 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3.17 3.05 - -

ROCE %

44.63 32.76 22.27 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 11.35 4.06 3.44 3.85 -

DSO

21.4 20.5 11.2 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DIO

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 4.3 2.8 - -

DPO

9.8 8.9 3.9 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 7.9 5.1 - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company NICE Ltd., allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

Financial Ratios of other stocks in the Software industry

Issuer Price % 24h Market Cap Country
IVA Technologies IVA Technologies
IVAT
- - - russiaRussia
Rackspace Technology Rackspace Technology
RXT
$ 3.23 1.25 % $ 771 M usaUSA
Paylocity Holding Corporation Paylocity Holding Corporation
PCTY
$ 143.53 0.51 % $ 7.76 B usaUSA
Simulations Plus Simulations Plus
SLP
$ 18.42 0.03 % $ 369 M usaUSA
Smith Micro Software Smith Micro Software
SMSI
$ 2.84 0.88 % $ 58.5 M usaUSA
Synopsys Synopsys
SNPS
$ 392.03 0.2 % $ 64.3 B usaUSA
SOS Limited SOS Limited
SOS
$ 0.79 0.87 % $ 12.8 M chinaChina
Sprout Social Sprout Social
SPT
$ 10.45 0.26 % $ 633 M usaUSA
PubMatic PubMatic
PUBM
$ 16.29 0.21 % $ 766 M usaUSA
ShotSpotter ShotSpotter
SSTI
$ 5.99 0.58 % $ 76.2 M usaUSA
Red Violet Red Violet
RDVT
$ 74.72 6.94 % $ 1.05 B usaUSA
Avalara Avalara
AVLR
- - $ 8.28 B usaUSA
Unity Software Unity Software
U
$ 42.75 2.64 % $ 18 B usaUSA
Uber Technologies Uber Technologies
UBER
$ 73.13 0.4 % $ 152 B usaUSA
Upland Software Upland Software
UPLD
$ 3.5 4.14 % $ 100 M usaUSA
Veritone Veritone
VERI
$ 0.92 0.99 % $ 58.3 M usaUSA
VirnetX Holding Corp VirnetX Holding Corp
VHC
$ 11.8 1.29 % $ 43 K usaUSA
SS&C Technologies Holdings SS&C Technologies Holdings
SSNC
$ 80.45 2.52 % $ 19.7 B usaUSA
Kubient Kubient
KBNT
- -10.71 % $ 1.43 M usaUSA
Varonis Systems Varonis Systems
VRNS
$ 45.46 0.26 % $ 5.2 B usaUSA
Workday Workday
WDAY
$ 186.28 3.01 % $ 49.4 B usaUSA
WEX WEX
WEX
$ 187.34 0.1 % $ 6.65 B usaUSA
Wipro Limited Wipro Limited
WIT
$ 1.73 0.28 % $ 18.1 B indiaIndia
Wix.com Ltd. Wix.com Ltd.
WIX
$ 72.72 2.16 % $ 4.04 B israelIsrael
Atlassian Corporation Plc Atlassian Corporation Plc
TEAM
$ 176.42 4.42 % $ 45.9 B britainBritain
Workiva Workiva
WK
$ 73.71 3.75 % $ 4.15 B usaUSA
Yalla Group Limited Yalla Group Limited
YALA
$ 5.47 0.18 % $ 853 M united-arab-emiratesUnited-arab-emirates
Yext Yext
YEXT
$ 6.38 1.09 % $ 788 M usaUSA
Altair Engineering Altair Engineering
ALTR
- - $ 9.4 B usaUSA
SailPoint Technologies Holdings SailPoint Technologies Holdings
SAIL
$ 17.79 5.9 % $ 1.65 B usaUSA
Aspen Technology Aspen Technology
AZPN
- - $ 16.8 B usaUSA
Alteryx Alteryx
AYX
- - $ 3.42 B usaUSA
Black Knight Black Knight
BKI
- -0.02 % $ 11.7 B usaUSA
Citrix Systems Citrix Systems
CTXS
- - $ 13.2 B usaUSA
CYREN Ltd. CYREN Ltd.
CYRN
- -18.15 % $ 1.77 M usaUSA
Ebix Ebix
EBIX
- -30.99 % $ 36.3 M usaUSA
ChannelAdvisor Corporation ChannelAdvisor Corporation
ECOM
- 0.02 % $ 668 M usaUSA
Evolving Systems Evolving Systems
EVOL
- -8.47 % $ 13.9 M usaUSA
EVO Payments EVO Payments
EVOP
- - $ 1.77 B usaUSA
GreenSky GreenSky
GSKY
- 1.59 % $ 1.88 B usaUSA
GTY Technology Holdings GTY Technology Holdings
GTYH
- 0.17 % $ 355 M usaUSA
GSE Systems GSE Systems
GVP
- - $ 11.4 M usaUSA
Ideanomics Ideanomics
IDEX
- -4.36 % $ 451 M usaUSA
Limelight Networks Limelight Networks
LLNW
- 1.65 % $ 340 M usaUSA
ManTech International Corporation ManTech International Corporation
MANT
- - $ 3.93 B usaUSA
McAfee Corp. McAfee Corp.
MCFE
- 0.27 % $ 11.2 B usaUSA
Micro Focus International plc Micro Focus International plc
MFGP
- - $ 1.81 B britainBritain
Model N Model N
MODN
- - $ 1.14 B usaUSA
Marin Software Incorporated Marin Software Incorporated
MRIN
- - $ 15.9 M usaUSA
National Instruments Corporation National Instruments Corporation
NATI
- - $ 7.9 B usaUSA