Investing in NIC Inc. (EGOV)  ➔  Intrinsic value

Prev. close$34.00 
ModelValueUpside
Chepakovich$20.16-41%
Graham-Dodd$10.86-68%
Graham$32.52-4%
Previous Close$34.00  
Valuation MethodValuePotential 
Chepakovich Model$20.16-41%recalculate
Graham-Dodd$10.86-68%recalculate
Graham Formula$32.52-4%recalculate

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Company description

NIC Inc., together with its subsidiaries, provides digital government services that enable governments to use technology to provide various services to businesses and citizens in the United States. Its portals consist websites and applications that enable businesses and citizens to access government information through online channels, such as applying for a permit, retrieving government records, or filing a government-mandated form or report. The company's portal service offerings include motor vehicle driver history record retrieval; vehicle title, lien, and registration; motor vehicle inspections; temporary vehicle tags; driver's license renewal; hunting and fishing licenses; health professional license services; professional license renewal; business registrations and renewals; secretary of state business searches; Uniform Commercial Code (UCC) searches and filings; limited criminal history searches; court services; vital records; income and property tax payments; and payment processing products and services. Its software & services business provides software development, payment processing, and other digital government services to state and local governments, as well as federal agencies. In addition, the company develops and manages the pre-employment screening program for motor carriers using transaction-based business model. Further, it offers application development and portal management services to governments. NIC Inc. was founded in 1991 and is based in Olathe, Kansas.