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Stock Analysis & ValuationTeradata Corporation (0LEE.L)

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£28.80
Sector Valuation Confidence Level
Low
Valuation methodValue, £Upside, %
Artificial intelligence (AI)30.707
Intrinsic value (DCF)9.56-67
Graham-Dodd Method2.40-92
Graham Formula3.40-88

Strategic Investment Analysis

Company Overview

Teradata Corporation (LSE: 0LEE.L) is a leading provider of a connected multi-cloud data platform for enterprise analytics, headquartered in San Diego, California. The company’s flagship product, Teradata Vantage, enables businesses to unify and analyze data across hybrid and multi-cloud environments, driving actionable insights for industries such as financial services, healthcare, retail, and telecommunications. With a strong focus on cloud migration and ecosystem simplification, Teradata helps enterprises optimize their data infrastructure while ensuring scalability and security. Operating globally, the company serves clients across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region through a direct sales force. Founded in 1979, Teradata has established itself as a trusted partner for data-driven decision-making, offering business consulting, support, and maintenance services alongside its core platform. As enterprises increasingly adopt cloud-based analytics, Teradata’s multi-cloud expertise positions it well in the competitive data management and analytics sector.

Investment Summary

Teradata presents a mixed investment profile with strengths in cloud-based analytics but faces stiff competition. The company’s $1.75B revenue and $114M net income reflect steady profitability, supported by strong operating cash flow ($303M). Its debt-to-equity ratio is manageable, and it holds $420M in cash, providing financial flexibility. However, the lack of dividends may deter income-focused investors. Teradata’s beta of 0.799 suggests lower volatility than the broader market, appealing to risk-averse investors. The company’s growth hinges on its ability to expand its multi-cloud offerings against larger competitors like Snowflake and Oracle. While Teradata’s established client base and consulting services provide stability, investors should monitor its cloud transition execution and competitive positioning.

Competitive Analysis

Teradata operates in the highly competitive enterprise data analytics and cloud services sector, where differentiation is critical. Its primary competitive advantage lies in its hybrid and multi-cloud capabilities, allowing seamless integration across on-premises and cloud environments—a key selling point for enterprises undergoing digital transformation. However, Teradata faces intense competition from cloud-native players like Snowflake, which dominates the pure-cloud data warehousing space with superior scalability and ease of use. Legacy competitors such as Oracle and IBM offer integrated database and analytics solutions with strong enterprise footholds, while Microsoft (Azure Synapse) and Amazon (Redshift) leverage their cloud infrastructure dominance. Teradata’s consulting services provide an edge in complex deployments, but its slower cloud adoption compared to newer rivals remains a challenge. The company’s focus on regulated industries (e.g., finance, healthcare) helps retain clients with stringent compliance needs, but it must accelerate innovation to keep pace with AI-driven analytics trends.

Major Competitors

  • Snowflake Inc. (SNOW): Snowflake leads in cloud-native data warehousing with a scalable, consumption-based model. Its platform excels in ease of use and elasticity, attracting enterprises migrating fully to the cloud. However, it lacks Teradata’s hybrid deployment capabilities and deep industry-specific consulting services. Snowflake’s rapid growth poses a significant threat to Teradata’s market share.
  • Oracle Corporation (ORCL): Oracle offers integrated database and analytics solutions, leveraging its strong enterprise installed base. Its Autonomous Database competes with Teradata Vantage in performance but is less flexible in multi-cloud environments. Oracle’s sales reach and bundled offerings are strengths, though its cloud transition has been slower than competitors’.
  • International Business Machines Corporation (IBM): IBM’s Db2 and Cloud Pak for Data provide analytics with AI integration, appealing to large enterprises. IBM’s consulting arm rivals Teradata’s services, but its platform is often seen as less agile. IBM’s hybrid cloud focus aligns with Teradata’s strategy, but its broader IT services dilute its analytics specialization.
  • Microsoft Corporation (MSFT): Microsoft’s Azure Synapse integrates analytics with its cloud ecosystem, benefiting from Azure’s widespread adoption. Its tight Office 365 integration is a unique advantage. However, Teradata’s platform-agnostic approach appeals to multi-cloud users, whereas Microsoft pushes Azure lock-in.
  • Amazon.com Inc. (AMZN): Amazon Redshift dominates cost-sensitive segments with its AWS integration and pay-as-you-go pricing. Its performance lags Teradata’s for complex queries, but its ecosystem (e.g., S3, Lambda) is a draw. Teradata’s strength lies in high-performance analytics, but Amazon’s scale is a formidable challenge.
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