SSNC shares are flat from August 2018 to August 2022. By year-end 2022, SS&C will have grown Adjusted EBITDA by more than 60% from year-end 2018 – no small feat (table below) – yet SSNC shares do not reflect this achievement.
- S&P Global (ticker: SPGI), FIS Inc. (ticker: FIS) and Fiserv (ticker: FISV), will need to feed their respective Revenue and EBITDA streams.
- Block (ticker: SQ) and PayPal (ticker: PYPL), are each in the retail stock game and would benefit from SSNC’s cash flow.
- Private Equity needs to deploy capital.
These are a few ideas. SS&C will have options should it choose to sell itself before the bottom falls out of this market.