Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 1.28
CNQR's Cash to Debt is ranked higher than
57% of the 2084 Companies
in the Global Software - Application industry.

( Industry Median: 5.03 vs. CNQR: 1.28 )
CNQR' s 10-Year Cash to Debt Range
Min: 0.97   Max: No Debt
Current: 1.28

Equity to Asset 0.40
CNQR's Equity to Asset is ranked higher than
50% of the 2011 Companies
in the Global Software - Application industry.

( Industry Median: 0.60 vs. CNQR: 0.40 )
CNQR' s 10-Year Equity to Asset Range
Min: 0.15   Max: 0.83
Current: 0.4

0.15
0.83
F-Score: 3
Z-Score: 4.30
M-Score: -2.70
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) -7.26
CNQR's Operating margin (%) is ranked higher than
52% of the 2065 Companies
in the Global Software - Application industry.

( Industry Median: 5.44 vs. CNQR: -7.26 )
CNQR' s 10-Year Operating margin (%) Range
Min: -225.48   Max: 15.84
Current: -7.26

-225.48
15.84
Net-margin (%) -16.84
CNQR's Net-margin (%) is ranked higher than
50% of the 2065 Companies
in the Global Software - Application industry.

( Industry Median: 3.78 vs. CNQR: -16.84 )
CNQR' s 10-Year Net-margin (%) Range
Min: -222.36   Max: 35.16
Current: -16.84

-222.36
35.16
ROE (%) -15.27
CNQR's ROE (%) is ranked higher than
51% of the 2008 Companies
in the Global Software - Application industry.

( Industry Median: 7.06 vs. CNQR: -15.27 )
CNQR' s 10-Year ROE (%) Range
Min: -100.33   Max: 46.13
Current: -15.27

-100.33
46.13
ROA (%) -6.71
CNQR's ROA (%) is ranked higher than
53% of the 2091 Companies
in the Global Software - Application industry.

( Industry Median: 3.76 vs. CNQR: -6.71 )
CNQR' s 10-Year ROA (%) Range
Min: -71.89   Max: 28.23
Current: -6.71

-71.89
28.23
ROC (Joel Greenblatt) (%) -54.91
CNQR's ROC (Joel Greenblatt) (%) is ranked higher than
52% of the 2073 Companies
in the Global Software - Application industry.

( Industry Median: 29.03 vs. CNQR: -54.91 )
CNQR' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -1126.76   Max: 118.3
Current: -54.91

-1126.76
118.3
Revenue Growth (3Y)(%) 23.80
CNQR's Revenue Growth (3Y)(%) is ranked higher than
93% of the 1674 Companies
in the Global Software - Application industry.

( Industry Median: 5.60 vs. CNQR: 23.80 )
CNQR' s 10-Year Revenue Growth (3Y)(%) Range
Min: -37.2   Max: 31
Current: 23.8

-37.2
31
EBITDA Growth (3Y)(%) -17.20
CNQR's EBITDA Growth (3Y)(%) is ranked higher than
55% of the 1370 Companies
in the Global Software - Application industry.

( Industry Median: 6.90 vs. CNQR: -17.20 )
CNQR' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -51.8   Max: 71
Current: -17.2

-51.8
71
EPS Growth (3Y)(%) 118.60
CNQR's EPS Growth (3Y)(%) is ranked higher than
99% of the 1281 Companies
in the Global Software - Application industry.

( Industry Median: 8.20 vs. CNQR: 118.60 )
CNQR' s 10-Year EPS Growth (3Y)(%) Range
Min: -44.9   Max: 207.2
Current: 118.6

-44.9
207.2
» CNQR's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q4 2013

CNQR Guru Trades in Q4 2013

Jim Simons 199,940 sh (+767.8%)
Steven Cohen 7,000 sh (+36.48%)
Ron Baron 1,056,200 sh (+4.45%)
Ruane Cunniff 8,974 sh (unchged)
Columbia Wanger 828,650 sh (-20.62%)
Frank Sands 47,800 sh (-63.61%)
» More
Q1 2014

CNQR Guru Trades in Q1 2014

Paul Tudor Jones 2,064 sh (New)
Ray Dalio 38,166 sh (New)
Steven Cohen 35,163 sh (+402.33%)
Ron Baron 1,066,044 sh (+0.93%)
Ruane Cunniff 8,974 sh (unchged)
Jim Simons Sold Out
Frank Sands Sold Out
Columbia Wanger 600,150 sh (-27.57%)
» More
Q2 2014

CNQR Guru Trades in Q2 2014

RS Investment Management 23,600 sh (New)
Ken Fisher 2,710 sh (New)
Paul Singer 3,000 sh (New)
Ruane Cunniff 311,544 sh (+3371.63%)
Ron Baron 1,155,440 sh (+8.39%)
Steven Cohen 56,100 sh (unchged)
Columbia Wanger 600,150 sh (unchged)
Ray Dalio Sold Out
Paul Tudor Jones Sold Out
» More
Q3 2014

CNQR Guru Trades in Q3 2014

Mario Gabelli 517,296 sh (New)
Jean-Marie Eveillard 30,000 sh (New)
Paul Singer 3,000 sh (unchged)
Steven Cohen Sold Out
Ken Fisher Sold Out
RS Investment Management Sold Out
Ron Baron 1,078,200 sh (-6.68%)
Columbia Wanger 357,300 sh (-40.46%)
Ruane Cunniff 8,974 sh (-97.12%)
» More
» Details

Insider Trades

Latest Guru Trades with CNQR

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Mario Gabelli 2014-09-30 New Buy0.35%$88.6 - $127.03 $ 128.7827%517296
Ruane Cunniff 2014-09-30 Reduce -97.12%0.16%$88.6 - $127.03 $ 128.7827%8974
Jean-Marie Eveillard 2014-09-30 New Buy0.01%$88.6 - $127.03 $ 128.7827%30000
Ken Fisher 2014-09-30 Sold Out $88.6 - $127.03 $ 128.7827%0
Ruane Cunniff 2014-06-30 Add 3371.63%0.16%$75.9 - $101.67 $ 128.7847%311544
Ray Dalio 2014-06-30 Sold Out 0.03%$75.9 - $101.67 $ 128.7847%0
Ken Fisher 2014-06-30 New Buy$75.9 - $101.67 $ 128.7847%2710
Ray Dalio 2014-03-31 New Buy0.03%$96.96 - $128.08 $ 128.7814%38166
Frank Sands 2014-03-31 Sold Out 0.01%$96.96 - $128.08 $ 128.7814%0
Frank Sands 2013-12-31 Reduce -63.61%0.03%$91.95 - $112.7 $ 128.7828%47800
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Concur Technologies Inc

Baron Growth Fund Comments on Concur Technologies Inc - Oct 24, 2014

A good example of this strategy during the quarter was our investment in Concur Technologies, Inc. (CNQR), a $7.2 billion company that was the subject of a takeover by global software firm SAP. Baron Growth Fund has owned Concur, a leading provider of travel and expense management software, since 2009, when the company had a market value of roughly $1.1 billion. We have since earned about six times our initial investment. Concur joins CFR Pharmaceuticals SA, Windy City Investments Holdings, LLC (Nuveen Investments), Kerzner International Holdings Ltd. and Targa Resources Corp. as other Baron Growth Fund investments that have been the subject of acquisitions in 2014.

Shares of Concur Technologies, Inc. (CNQR) increased in the third quarter. Concur is a leading provider of travel booking and expense management software. On September 18, SAP SE announced an agreement to acquire Concur for $129 per share, a 28% premium to the closing price on September 2, the day before Bloomberg reported that Concur was exploring a sale. The $8.3 billion acquisition implied a valuation of roughly 9.7 times Concur’s estimated fiscal year 2015 revenue and confirmed our view that Concur was a valuable strategic asset. (Neal Kaufman)

From Ron Baron (Trades, Portfolio)’s Baron Growth Fund Q3 2014 Report.

Check out Ron Baron latest stock trades

Ron Baron Comments on Concur Technologies Inc - Jul 28, 2014

Concur Technologies (CNQR), a provider of integrated travel and expense management software solutions, declined from $130 per share at the start of the year to $80 where we purchased shares. The rotation from growth companies gave us the opportunity to purchase the leading travel and expense management software provider with a multi-billion dollar opportunity at an attractive price. Concur remains in the early stages of its growth. It has an ability to expand its customers, products and geographies, while also providing suppliers with improved access to potential clients.



We initiated a position in Concur Technologies, Inc. after the stock fell due to a general rotation out of high growth stocks. Concur is a leading provider of integrated travel and expense management software solutions. The company sells its software on a subscription basis and delivers the software through the Internet (i.e., through the “cloud”). We believe Concur has a unique offering and a multi-billion dollar market opportunity in its core business. We expect the company to continue to grow rapidly through adding new customers, cross-selling new products,expanding into the small business market, expanding outside the U.S., and expanding into the government vertical. We also believe Concur has an opportunity to create an alternative distribution channel for travel suppliers and eliminate billions of dollars of transactions costs that are incurred annually in the travel supply chain. (Neal Kaufman)



From Ron Baron (Trades, Portfolio)’s Baron Funds Second Quarter 2014 Report.



Check out Ron Baron latest stock trades

Top Ranked Articles about Concur Technologies Inc

Baron Growth Fund Comments on Concur Technologies Inc
A good example of this strategy during the quarter was our investment in Concur Technologies, Inc. (CNQR), a $7.2 billion company that was the subject of a takeover by global software firm SAP. Baron Growth Fund has owned Concur, a leading provider of travel and expense management software, since 2009, when the company had a market value of roughly $1.1 billion. We have since earned about six times our initial investment. Concur joins CFR Pharmaceuticals SA, Windy City Investments Holdings, LLC (Nuveen Investments), Kerzner International Holdings Ltd. and Targa Resources Corp. as other Baron Growth Fund investments that have been the subject of acquisitions in 2014. Read more...
Ron Baron Comments on Concur Technologies Inc
Concur Technologies (CNQR), a provider of integrated travel and expense management software solutions, declined from $130 per share at the start of the year to $80 where we purchased shares. The rotation from growth companies gave us the opportunity to purchase the leading travel and expense management software provider with a multi-billion dollar opportunity at an attractive price. Concur remains in the early stages of its growth. It has an ability to expand its customers, products and geographies, while also providing suppliers with improved access to potential clients. Read more...

Ratios

vs
industry
vs
history
P/B 9.73
CNQR's P/B is ranked higher than
53% of the 2274 Companies
in the Global Software - Application industry.

( Industry Median: 3.44 vs. CNQR: 9.73 )
CNQR' s 10-Year P/B Range
Min: 1.79   Max: 17.09
Current: 9.73

1.79
17.09
P/S 10.38
CNQR's P/S is ranked higher than
50% of the 2274 Companies
in the Global Software - Application industry.

( Industry Median: 2.65 vs. CNQR: 10.38 )
CNQR' s 10-Year P/S Range
Min: 3.94   Max: 12.28
Current: 10.38

3.94
12.28
PFCF 257.56
CNQR's PFCF is ranked higher than
70% of the 2274 Companies
in the Global Software - Application industry.

( Industry Median: 84.60 vs. CNQR: 257.56 )
CNQR' s 10-Year PFCF Range
Min: 17.67   Max: 99999999.99
Current: 257.56

17.67
99999999.99
EV-to-EBIT -141.78
CNQR's EV-to-EBIT is ranked lower than
55% of the 2274 Companies
in the Global Software - Application industry.

( Industry Median: 33.85 vs. CNQR: -141.78 )
CNQR' s 10-Year EV-to-EBIT Range
Min: -1571.4   Max: 2610.4
Current: -141.78

-1571.4
2610.4
Current Ratio 1.83
CNQR's Current Ratio is ranked higher than
66% of the 2048 Companies
in the Global Software - Application industry.

( Industry Median: 1.91 vs. CNQR: 1.83 )
CNQR' s 10-Year Current Ratio Range
Min: 1.25   Max: 4.96
Current: 1.83

1.25
4.96
Quick Ratio 1.83
CNQR's Quick Ratio is ranked higher than
69% of the 2048 Companies
in the Global Software - Application industry.

( Industry Median: 1.78 vs. CNQR: 1.83 )
CNQR' s 10-Year Quick Ratio Range
Min: 1.25   Max: 4.96
Current: 1.83

1.25
4.96

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 40.24
CNQR's Price/Tangible Book is ranked higher than
57% of the 2274 Companies
in the Global Software - Application industry.

( Industry Median: 8.50 vs. CNQR: 40.24 )
CNQR' s 10-Year Price/Tangible Book Range
Min: 0.85   Max: 39.55
Current: 40.24

0.85
39.55
Price/DCF (Projected) 5.68
CNQR's Price/DCF (Projected) is ranked higher than
75% of the 2274 Companies
in the Global Software - Application industry.

( Industry Median: 8.51 vs. CNQR: 5.68 )
CNQR' s 10-Year Price/DCF (Projected) Range
Min: 1.78   Max: 13.73
Current: 5.68

1.78
13.73
Price/Median PS Value 1.32
CNQR's Price/Median PS Value is ranked higher than
66% of the 2274 Companies
in the Global Software - Application industry.

( Industry Median: 1.19 vs. CNQR: 1.32 )
CNQR' s 10-Year Price/Median PS Value Range
Min: 0.06   Max: 1.46
Current: 1.32

0.06
1.46
Earnings Yield (Greenblatt) -0.70
CNQR's Earnings Yield (Greenblatt) is ranked higher than
56% of the 2058 Companies
in the Global Software - Application industry.

( Industry Median: 3.80 vs. CNQR: -0.70 )
CNQR' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 4.7
Current: -0.7

0.1
4.7
Forward Rate of Return (Yacktman) -13.99
CNQR's Forward Rate of Return (Yacktman) is ranked higher than
53% of the 1075 Companies
in the Global Software - Application industry.

( Industry Median: 12.75 vs. CNQR: -13.99 )
CNQR' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -14   Max: 69.5
Current: -13.99

-14
69.5

Analyst Estimate

Sep15 Sep16
Revenue(Mil) 895 1,071
EPS($) 1.22 1.55
EPS without NRI($) 1.22 1.55

Business Description

Industry: Application Software » Software - Application
Compare:CRM, SQI, RHT, INTU, ADBE » details
Traded in other countries:CZT.Germany,
Concur Technologies, Inc. was incorporated in the state of Washington in 1993. The Company is the provider of on-demand Employee Spend Management solutions. Its integrated travel and expense software solutions enable organizations to control costs by automating the processes used to manage employee spending. Its solutions unite online travel procurement with automated expense reporting, streamline corporate event management, and optimize the process of managing vendor payments, employee check requests and direct reimbursements. The Company's core mission is to continuously innovate to reduce the costs of employee spend management for its customers. It owns trademarks and registered trademarks for its various products and services and attempt to ensure it protect all necessary intellectual property rights. Concur, the Concur logo, Concur Expense, Concur Travel & Expense, Cliqbook, Concur Cliqbook Travel, Concur Invoice, Concur Audit, Concur Pay, Concur Intelligence, Concur Mobile, Concur Breeze, Concur Advantage, Concur Connect, Concur ExpenseLink, Concur Travel Manager, Smart Expense, One Touch Business Travel, and Ulysse Travel & Expense are trademarks or registered trademarks of Concur or its affiliates.It operates in one segment, Employee Spend Management solutions. The Company sells its solutions and services mainly on a subscription basis and delivers them on-demand. The on-demand, or software-as-a-service ('SaaS'), model uses the Internet to deliver software applications from a centrally hosted computing facility to end users through a web browser. Its on-demand software solutions are designed to automate and streamline employee spend management processes, from travel purchasing through expense report generation, employee reimbursement and vendor payment. Concur Travel & Expense fully integrates online travel booking with automated expense reporting to provide unified end-to-end corporate travel procurement and expense reporting. Concur Expense automates, simplifies, reduces the cost of, and improves internal controls associated with, the travel and entertainment expense management process. Concur Cliqbook Travel is its online travel management solution that automates corporate travel procurement and processing. Concur Invoice is designed to automate, simplify and reduce the costs associated with the process of entering, approving and managing the payment of vendor invoices. The Company provides value-added services that leverage its integrated travel procurement and expense reporting platform to benefit its customers. Its main value-added services are: Concur Pay, Concur Audit, Concur Intelligence, Powered by Cognos , Smart Expense, Concur Connect, Concur Advantage, Concur Mobile .It offers consulting services in connection with deployment of its solutions to assist customers in maximizing its return on investment. It also offers flexible training programs designed to assist customers transitioning its products and service
» More Articles for CNQR

Headlines

Articles On GuruFocus.com
SAP Posts A Decent Quarter, Management Appear Contended Oct 25 2014 
Baron Growth Fund Comments on Concur Technologies Inc Oct 24 2014 
Ron Baron’s Baron Growth Fund Q3 2014 Report Oct 24 2014 
SAP Starts its Quest for Cloud 9 Sep 21 2014 
Ron Baron Comments on Concur Technologies Inc Jul 28 2014 
James Montier’s Short Screen Aug 08 2012 
Concur Technologies Inc. (CNQR) CEO Sudhir Steven Singh sells 20,000 Shares Mar 16 2011 
Concur Technologies Inc. (CNQR) President & COO Rajeev Singh sells 20,000 Shares Mar 16 2011 
Concur Technologies Inc. (CNQR) President & COO Rajeev Singh sells 5,000 Shares Feb 17 2011 
Concur Technologies Inc. (CNQR) CEO Sudhir Steven Singh sells 20,000 Shares Feb 15 2011 

More From Other Websites
Big lease: Disney expands downtown Seattle footprint by 40 percent Dec 19 2014
CONCUR TECHNOLOGIES INC Files SEC form 8-K, Completion of Acquisition or Disposition of Assets,... Dec 04 2014
SAP Completes Acquisition of Concur Dec 04 2014
SAP Best Practices Package to Simplify Transition to Cloud Dec 03 2014
Royal Caribbean joins S&P 500 Dec 01 2014
Royal Caribbean joins S&P 500 Dec 01 2014
Royal Caribbean Cruises Set to Join the S&P 500; Bemis, Tyler Technologies to Join the S&P MidCap... Dec 01 2014
CONCUR TECHNOLOGIES INC Financials Nov 25 2014
New Analysis from Concur and Table8 Shows Business Dining Is A Key Contributor To Rising Restaurant... Nov 24 2014
New Analysis from Concur and Table8 Shows Business Dining Is A Key Contributor To Rising Restaurant... Nov 24 2014
10-K for Concur Technologies, Inc. Nov 20 2014
Concur (CNQR) Shareholders Give Nod to Acquisition by SAP Nov 20 2014
Concur Technologies (CNQR) Upgraded From Hold to Buy Nov 20 2014
CONCUR TECHNOLOGIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders,... Nov 20 2014
Concur Shareholders Approve Acquisition by SAP Nov 19 2014
Concur Shareholders Approve Acquisition by SAP Nov 19 2014
SAP's CEO promises detailed plan for growth in January Nov 19 2014
SAP's CEO promises detailed plan for growth in January Nov 19 2014
SAP CEO rules out big acquisitions in next few years Nov 19 2014
SAP CEO rules out big acquisitions in next few years Nov 19 2014

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK