CoreCard Corporation

CoreCard Corporation

CCRD·NYSE

$23.60

+0.0000%
TechnologySoftware - Application

CoreCard Corporation, together with its subsidiaries, offers technology solutions and processing services to the financial technology and services market in the United States, European Union, and the Middle East. It designs, develops, and markets a suite of software solutions to program managers, accounts receivable businesses, financial institutions, retailers, and processors to manage their credit and debit cards, prepaid cards, private label cards, fleet cards, buy now pay later programs, loyalty programs, and accounts receivable and loan transactions. The company's software solutions allow companies to offer various types of transacting account or card issuing program, as well as installment and revolving loans; set up and maintain account data; record advances and payments; assess fees, interests, and other charges; resolve disputes and chargebacks; manage collections of accounts receivable; generate reports; and settle transactions with financial institutions and network associations. The company was formerly known as Intelligent Systems Corporation and changed its name to CoreCard Corporation in December 2021. CoreCard Corporation was founded in 1973 and is headquartered in Norcross, Georgia.

At a Glance

Live Snapshot
Market Cap$183.90M
EPS0.6800
P/E Ratio33.45
Earnings Date02/18/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is elevated (P/E 33.5).

Valuation inputs: P/E 33.5, earnings yield +3.0%, momentum 0.0%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +10.5%, ROIC +9.6%).

Profitability stack: net margin +9.5%, ROE +10.5%, ROIC +9.6%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +17.1%, momentum 0.0%, net margin +9.5%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

ccrd

CoreCard Corporation Market vs Earnings Trajectory

CCRD · NYSE

Loading price and EPS data...

CoreCard Corporation

CoreCard Corporation Fair Value Envelope

CCRD · NYSE

Our analysis suggests that CCRD has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $23.6, this represents a potential HIDDEN relative to our calculated worth for CoreCard Corporation.

Intrinsic Value
Current Price: $23.6
3Y-34.0%
5Y-45.0%
10Y-67.0%
3Y+19.0%
5Y+67.0%
10Y+1100.0%
3Y-40.0%
5Y-50.0%
10Y-70.0%
3Y-35.0%
5Y-45.0%
10Y-357.0%
3Y-71.0%
5Y-90.0%
10Y-135.0%
3Y+7.0%
5Y+41.0%
10Y+138.0%
CoreCard Corporation

CoreCard Corporation Profit Bridge

CCRD · NYSE
Revenue57.40M
Cost of Goods Sold (35.77M)
Gross Profit21.63M
Operating Expenses (15.09M)
Operating Income6.54M
Interest Expense (0.00)
Other Income/Expense365.00K
Pretax Income6.90M
Income Tax (1.46M)
Net Income5.45M
Net Income
5.45M

Profitability Analysis

Gross Margin

37.7%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

11.4%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

9.5%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

21.1%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

37.68%
Gross Profit Margin
9%
3Y-28.0%
5Y-43.0%
10Y-19.0%
11.39%
Operating Profit Margin
20%
3Y-53.0%
5Y-71.0%
10Y-119.0%
9.49%
Net Profit Margin
57%
3Y-49.0%
5Y-70.0%
10Y-97.0%
10.54%
Return on Equity
64%
3Y-49.0%
5Y-64.0%
10Y-85.0%
8.74%
Return on Assets
64%
3Y-44.0%
5Y-65.0%
10Y-87.0%
9.58%
Return on Invested Capital
30%
3Y-49.0%
5Y-66.0%
10Y-179.0%
CCRD

CoreCard Corporation Cash Conversion Engine

CCRD · NYSE
Net Income5.45M
Depreciation & Amortization3.57M
Stock-Based Compensation1.31M
Change in Working Capital-4.23M
Others684.00K
Capital Expenditures-4.91M
Free Cash Flow893.00K

Cash Flow Quality Analysis

FCF Conversion Rate

16.4%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

CapEx Intensity

84.6%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-92.3%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$4.23M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

ccrd

CoreCard Corporation Funding & Solvency Profile

CCRD · NYSE
Cash & Cash Equivalents26.62M
Net Receivables6.77M
Inventory0.00
Other Current Assets6.81M
Total Current Assets46 M
Property, Plant & Equipment13.83M
Goodwill & Intangible Assets0.00
Long-Term Investments3.18M
Other Non-Current Assets8.08M
Total Non-Current Assets25 M
Total Assets
70.93M

Financial Health Analysis

Current Ratio

3.70x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.30x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

33 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

65% Current

Asset-light business model with high liquidity. Majority of assets are easily convertible to cash.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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CoreCard Corporation Street Expectations Map

CCRD · NYSE

No Target Data

No analyst price targets available for ccrd.

ccrd

CoreCard Corporation Insider Positioning

CCRD · NYSE

During the last 12 months, insiders have sold $40 worth of CCRD shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

4.0K

40.00

Net Activity

-40

-$40

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
WMA

White Matthew A

Officer: Cfo

4.0K shares1 transactions

$40

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $40 net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

1 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

0.00%
Dividend Yield
3Y-
5Y-
10Y-
 

ccrd Dividend History

CCRD
10Y CAGR 4%
Latest $0.35
Annual $0.35
Dividend decline trend
Last Period: 33%