NICE NICE

Name: NICE Crucible Score
Creator: Kaladin Capital Intelligence

UnknownUnknownN/A📅 Scored April 7, 2026

Price at analysis: $112.13

Crucible Score

80.7

A-

Quality × Value Composite

KQI — Quality

73.7

B+

Fundamental Quality Index

KVI — Value

88.3

Valuation Attractiveness Index

Crucible Verdict — NICE

NICE delivers solid fundamentals with an 80.7 Crucible Score driven by strong value metrics (88.3 KVI) and consistent earnings execution at 92% beat rate, though quality lags at 73.7 KVI due to weak diversification scores. The stock trades at a substantial 78% discount to fair value of $200, suggesting the market hasn't recognized the company's operational improvements under three-year CEO Barak Eilam.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality

77.9

Growth Profile

69.6

Moat Durability

79.3

Management Effectiveness⚠

69.3

Diversification & Resilience

57.2

Market Position

68.0

Weakest dimension: Diversification & Resilience (57.2)

◆ KVI Value Dimensions

DCF Margin of Safety

86.2

FCF Yield & Cash Returns

87.6

Relative Valuation

95.0

Growth-Adjusted Value

85.8

Historical Valuation

86.4

Macro Context

95.0

◆ DCF Valuation Scenarios

Bear Case

$131.52

Base Case

$199.87

Bull Case

$296.41

Price at Analysis

$112.13

Scenario	Fair Value	Rev CAGR (5yr)	Terminal Margin	WACC
🔴 Bear	$131.52	6.0%	24.0%	5.8%
🟢 Base	$199.87	9.0%	27.0%	5.5%
🟢 Bull	$296.41	12.0%	30.0%	5.2%

Key Assumptions: WACC is low (5.2-5.8%) driven by NICE's very low beta of 0.26 and an equity risk premium of 5.5%, reflecting the defensive nature of this enterprise software business. Revenue growth anchored on 5-year historical CAGR of ~11.5%, with bear assuming deceleration to 6% and bull sustaining 12%. Operating margins trend from current ~22% toward 24-30% terminal levels reflecting the company's ongoing cloud transition and scalable SaaS model, with D&A declining as a percentage of revenue over time.

◆ Financial Snapshot

Profitability

Gross Margin66.4%

Operating Margin21.9%

Net Margin20.8%

ROIC12.7%

ROE9.4%

Balance Sheet

Balance SheetCR: 1.55

Cash ConversionFCF/EPS: 1.08x

Capital IntensityCapex/Rev: 0.6%

Altman Z-Score4.47 (Safe)

Piotroski F-Score6/9 (Good)

Growth

Revenue CAGR11.3% CAGR

Earnings CAGR32.4% CAGR

Growth ConsistencyCV: 0.58

Segment Breadth1/3 growing (33%)

Quarterly TrendRev∆, WC↓

Earnings CredibilityConsistent Beater

◆ Analyst Consensus & Leadership

Leadership & Governance

CEOBarak Eilam · 3 years

Insider ActivityNeutral

Capital AllocationROIC 12.7% vs WACC 5.8%

Earnings Beat Rate92% (19/22)

◆ Related Companies in Our Universe

Other Unknown companies scored by the Crucible:

ADBE81.8A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+PCTY75.8B+

Methodology All Scores Crucible Briefs Performance @KaladinCI

Analysis conducted April 7, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.