Conduent Incorporated (CNDT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Conduent Incorporated

NasdaqGS•Technology•Information Technology Services

$1.94+0.05(0.03%)Market closed

Market Cap

$263.99M

P/S

0.1x

P/B

0.5x

Conduent Incorporated provides digital business solutions and services for the commercial, government, and transportation spectrum in the United States, Europe, and internationally. It operates through three segments: Commercial, Government, and Transportation. The Commercial segment offers business process services and customized solutions, customer experience management, business process as a service, integrated digital solutions, healthcare claims and administration, and human capital solutions. Its Government segment provides government-centric business process services to the United States federal, state, local, and foreign governments for public assistance, healthcare program and administration, transaction processing, case management, and payment services; and digital payments, child support payments, government healthcare, and eligibility and enrollment solutions. The Transportation segment offers systems, support, and revenue-generating solutions that include road usage charging and management solutions; transit solutions; computer-aided dispatch/automatic vehicle location technology to help clients manage their fleet operations; and tolling, transit, and digital payment solutions that streamline operations. This segment also provides electronic tolling, urban congestion management, and mileage-based user solutions. Conduent Incorporated was founded in 2016 and is headquartered in Florham Park, New Jersey.

How this company scores

WeakMetricSide Score: 22/100

Grade capped at D — Interest coverage below 1× (-2.9x) — earnings cannot cover interest. Strongest: Profitability (8/25); weakest: Growth (3/25).

Profitability8/25

Growth3/25

Balance Sheet & Red Flags5/25

Cash & Earnings Quality6/25

Strengths

Long cash runwayNo share dilution

Grade capped at D

Interest coverage below 1× (-2.9x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 21.3x5y range 1.5x – 1390.6x

Currently above its 9-quarter median.

P/S · 0.1x5y range 0.1x – 0.3x

Currently below its 20-quarter median.

P/B · 0.5x5y range 0.3x – 1.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 6 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $263.99M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.79B
Q. Revenue: $531.00M
TTM EBITDA: $32.00M
TTM Op. Income: $-150.00M
Q. Op. Income: $-57.00M
TTM Net Income: $-228.00M
Q. Net Income: $-116.00M
EPS: $-0.76
Shares Out.: $155.29M

$2.79B in TTM revenue declined 10.3% YoY, reaching $531.00M last quarter. TTM EBITDA of $32.00M and TTM operating income of $-150.00M show growth is flowing through to the bottom line. However, net income is negative at $228.00M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 7 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 18.1%
EBITDA Margin: -3.8%
Op. Margin: -10.7%
Net Margin: -21.8%

Op. margin of -10.7% is down 5.7% YoY — costs are rising relative to revenue. Net margin at -21.8% and gross margin of 18.1% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.1x
P/B Ratio: 0.5x

P/S of 0.1x and P/B of 0.5x. P/S is low relative to typical market levels. Across the last 4 quarters, P/E has risen for 3 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.25B
Cash: $228.00M
Long-Term Debt: $697.00M
Book Value: $526.00M
D/E Ratio: 1.3
Debt/EBITDA: N/A

With $2.25B in assets and $697.00M in long-term debt, D/E is 1.3and book value is $526.00M — moderate leverage. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $7.00M
TTM Free Cash Flow: $-49.00M
FCF Margin: -1.8%
FCF / Net Income: 0.2

TTM FCF of $-49.00M on $7.00M in operating cash flow. The FCF / Net Income ratio of 0.2x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.