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 : 4/10

vs
industry
vs
history
Cash to Debt 1.28
CNQR's Cash to Debt is ranked lower than
73% of the 1757 Companies
in the Global Software - Application industry.

( Industry Median: 20.60 vs. CNQR: 1.28 )
Ranked among companies with meaningful Cash to Debt only.
CNQR' s 10-Year Cash to Debt Range
Min: 0.97  Med: 8.64 Max: No Debt
Current: 1.28
Equity to Asset 0.40
CNQR's Equity to Asset is ranked lower than
79% of the 1551 Companies
in the Global Software - Application industry.

( Industry Median: 0.61 vs. CNQR: 0.40 )
Ranked among companies with meaningful Equity to Asset only.
CNQR' s 10-Year Equity to Asset Range
Min: 0.15  Med: 0.60 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 lower than
76% of the 1723 Companies
in the Global Software - Application industry.

( Industry Median: 5.03 vs. CNQR: -7.26 )
Ranked among companies with meaningful Operating margin (%) only.
CNQR' s 10-Year Operating margin (%) Range
Min: -225.48  Med: 2.69 Max: 15.84
Current: -7.26
-225.48
15.84
Net-margin (%) -16.84
CNQR's Net-margin (%) is ranked lower than
80% of the 1723 Companies
in the Global Software - Application industry.

( Industry Median: 3.15 vs. CNQR: -16.84 )
Ranked among companies with meaningful Net-margin (%) only.
CNQR' s 10-Year Net-margin (%) Range
Min: -222.36  Med: -1.59 Max: 35.16
Current: -16.84
-222.36
35.16
ROE (%) -15.27
CNQR's ROE (%) is ranked lower than
78% of the 1680 Companies
in the Global Software - Application industry.

( Industry Median: 5.91 vs. CNQR: -15.27 )
Ranked among companies with meaningful ROE (%) only.
CNQR' s 10-Year ROE (%) Range
Min: -100.33  Med: 1.25 Max: 46.13
Current: -15.27
-100.33
46.13
ROA (%) -6.71
CNQR's ROA (%) is ranked lower than
75% of the 1765 Companies
in the Global Software - Application industry.

( Industry Median: 3.05 vs. CNQR: -6.71 )
Ranked among companies with meaningful ROA (%) only.
CNQR' s 10-Year ROA (%) Range
Min: -71.89  Med: 0.88 Max: 28.23
Current: -6.71
-71.89
28.23
ROC (Joel Greenblatt) (%) -54.91
CNQR's ROC (Joel Greenblatt) (%) is ranked lower than
77% of the 1740 Companies
in the Global Software - Application industry.

( Industry Median: 23.13 vs. CNQR: -54.91 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
CNQR' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -1126.76  Med: 33.68 Max: 118.3
Current: -54.91
-1126.76
118.3
Revenue Growth (3Y)(%) 23.80
CNQR's Revenue Growth (3Y)(%) is ranked higher than
88% of the 1300 Companies
in the Global Software - Application industry.

( Industry Median: 5.20 vs. CNQR: 23.80 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
CNQR' s 10-Year Revenue Growth (3Y)(%) Range
Min: -37.2  Med: 17.30 Max: 31
Current: 23.8
-37.2
31
EBITDA Growth (3Y)(%) -17.20
CNQR's EBITDA Growth (3Y)(%) is ranked lower than
80% of the 1046 Companies
in the Global Software - Application industry.

( Industry Median: 6.90 vs. CNQR: -17.20 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
CNQR' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -51.8  Med: -5.70 Max: 71
Current: -17.2
-51.8
71
EPS Growth (3Y)(%) 118.60
CNQR's EPS Growth (3Y)(%) is ranked higher than
96% of the 969 Companies
in the Global Software - Application industry.

( Industry Median: 5.80 vs. CNQR: 118.60 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
CNQR' s 10-Year EPS Growth (3Y)(%) Range
Min: -44.9  Med: 28.25 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

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)
Frank Sands Sold Out
Jim Simons Sold Out
Columbia Wanger 600,150 sh (-27.57%)
» More
Q2 2014

CNQR Guru Trades in Q2 2014

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

CNQR Guru Trades in Q3 2014

First Eagle Investment 30,000 sh (New)
Mario Gabelli 517,296 sh (New)
Paul Singer 3,000 sh (unchged)
Ken Fisher Sold Out
RS Investment Management Sold Out
Steven Cohen 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
Q4 2014

CNQR Guru Trades in Q4 2014

Paul Singer Sold Out
Mario Gabelli Sold Out
Columbia Wanger Sold Out
First Eagle Investment Sold Out
Ron Baron Sold Out
Ruane Cunniff Sold Out
» 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%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» 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...

Ratios

vs
industry
vs
history
Forward P/E 107.53
CNQR's Forward P/E is ranked lower than
90% of the 527 Companies
in the Global Software - Application industry.

( Industry Median: 20.04 vs. CNQR: 107.53 )
Ranked among companies with meaningful Forward P/E only.
N/A
P/B 9.73
CNQR's P/B is ranked lower than
87% of the 1607 Companies
in the Global Software - Application industry.

( Industry Median: 2.69 vs. CNQR: 9.73 )
Ranked among companies with meaningful P/B only.
CNQR' s 10-Year P/B Range
Min: 1.79  Med: 5.11 Max: 17.09
Current: 9.73
1.79
17.09
P/S 10.38
CNQR's P/S is ranked lower than
87% of the 1706 Companies
in the Global Software - Application industry.

( Industry Median: 2.17 vs. CNQR: 10.38 )
Ranked among companies with meaningful P/S only.
CNQR' s 10-Year P/S Range
Min: 3.94  Med: 7.86 Max: 12.28
Current: 10.38
3.94
12.28
PFCF 257.56
CNQR's PFCF is ranked lower than
96% of the 816 Companies
in the Global Software - Application industry.

( Industry Median: 24.94 vs. CNQR: 257.56 )
Ranked among companies with meaningful PFCF only.
CNQR' s 10-Year PFCF Range
Min: 17.67  Med: 65.50 Max: 99999999.99
Current: 257.56
17.67
99999999.99
POCF 88.81
CNQR's POCF is ranked lower than
92% of the 1017 Companies
in the Global Software - Application industry.

( Industry Median: 18.42 vs. CNQR: 88.81 )
Ranked among companies with meaningful POCF only.
CNQR' s 10-Year POCF Range
Min: 13.19  Med: 41.57 Max: 134.44
Current: 88.81
13.19
134.44
Current Ratio 1.83
CNQR's Current Ratio is ranked lower than
57% of the 1595 Companies
in the Global Software - Application industry.

( Industry Median: 2.05 vs. CNQR: 1.83 )
Ranked among companies with meaningful Current Ratio only.
CNQR' s 10-Year Current Ratio Range
Min: 1.25  Med: 2.12 Max: 4.96
Current: 1.83
1.25
4.96
Quick Ratio 1.83
CNQR's Quick Ratio is ranked lower than
52% of the 1595 Companies
in the Global Software - Application industry.

( Industry Median: 1.93 vs. CNQR: 1.83 )
Ranked among companies with meaningful Quick Ratio only.
CNQR' s 10-Year Quick Ratio Range
Min: 1.25  Med: 2.12 Max: 4.96
Current: 1.83
1.25
4.96
Days Sales Outstanding 71.84
CNQR's Days Sales Outstanding is ranked lower than
53% of the 1486 Companies
in the Global Software - Application industry.

( Industry Median: 68.91 vs. CNQR: 71.84 )
Ranked among companies with meaningful Days Sales Outstanding only.
CNQR' s 10-Year Days Sales Outstanding Range
Min: 50.58  Med: 71.28 Max: 121.41
Current: 71.84
50.58
121.41

Valuation & Return

vs
industry
vs
history
Earnings Yield (Greenblatt) (%) -0.70
CNQR's Earnings Yield (Greenblatt) (%) is ranked lower than
69% of the 1696 Companies
in the Global Software - Application industry.

( Industry Median: 2.80 vs. CNQR: -0.70 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
CNQR' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: -0.7  Med: 1.10 Max: 4.7
Current: -0.7
-0.7
4.7
Forward Rate of Return (Yacktman) (%) -13.99
CNQR's Forward Rate of Return (Yacktman) (%) is ranked lower than
89% of the 667 Companies
in the Global Software - Application industry.

( Industry Median: 10.78 vs. CNQR: -13.99 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
CNQR' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: -14  Med: 0.40 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
A growing Concur Technologies soon will occupy half of this Bellevue office tower Jul 03 2015
Behind the deal: ​That $8.3 billion acquisition wasn’t the first time SAP tried to buy Concur Jun 08 2015
Exclusive: Concur co-founder Steve Singh reveals his secret new startup Jun 05 2015
Table8 Helps Diners Get Last-Minute Reservations At Booked Restaurants May 13 2015
Google as Gulliver—the Lilliputians can win Apr 01 2015
Concur’s Elena Donio sees vast opportunities for women in tech Mar 13 2015
Three more Concur executives join Singh, Hilton, announce resignations Jan 20 2015
Concur: the $8.3 billion company that almost never was Jan 09 2015
Upland’s Tenrox Professional Services Automation Software for Concur Now Available Jan 06 2015
Upland's Tenrox Professional Services Automation Software for Concur Now Available Jan 06 2015
Concur co-founders Rajeev Singh, Mike Hilton to step down Jan. 30 after $8.3B SAP acquisition Jan 05 2015
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

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)
FEEDBACK