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NTO

Nitro SoftwareASX:NTO Stock Report

Market Cap

AU$656.2m

7D

2.3%

1Y

-1.1%

Updated

22 Oct, 2021

Data

Company Financials +
NTO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

NTO Overview

Nitro Software Limited operates as a document productivity software company in Australia and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Nitro Software
Historical stock prices
Current Share PriceAU$3.54
52 Week HighAU$2.10
52 Week LowAU$3.79
Beta0
1 Month Change1.43%
3 Month Change5.67%
1 Year Change-1.12%
3 Year Changen/a
5 Year Changen/a
Change since IPO132.90%

Recent News & Updates

Shareholder Returns

NTOAU SoftwareAU Market
7D2.3%2.2%0.7%
1Y-1.1%28.7%21.4%

Return vs Industry: NTO underperformed the Australian Software industry which returned 28.7% over the past year.

Return vs Market: NTO underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is NTO's price volatile compared to industry and market?
NTO volatility
NTO Beta0
Industry Beta0.85
Market Beta1

Stable Share Price: NTO is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: NTO's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997180Sam Chandlerhttps://www.gonitro.com

Nitro Software Limited operates as a document productivity software company in Australia and internationally. It offers Nitro Productivity Suite, a software as a service and desktop-based software suite that provides integrated portable document format productivity, eSigning, and business intelligence tools, such as Nitro Pro, Nitro Sign, and Nitro Analytics. The company also provides maintenance and support services.

Nitro Software Fundamentals Summary

How do Nitro Software's earnings and revenue compare to its market cap?
NTO fundamental statistics
Market CapUS$491.42m
Earnings (TTM)-US$14.03m
Revenue (TTM)US$45.25m

11.2x

P/S Ratio

-36.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NTO income statement (TTM)
RevenueUS$45.25m
Cost of RevenueUS$4.02m
Gross ProfitUS$41.24m
ExpensesUS$55.27m
Earnings-US$14.03m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.073
Gross Margin91.13%
Net Profit Margin-31.00%
Debt/Equity Ratio0%

How did NTO perform over the long term?

See historical performance and comparison

Valuation

Is Nitro Software undervalued compared to its fair value and its price relative to the market?

20.34x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NTO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NTO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NTO is unprofitable, so we can't compare its PE Ratio to the Australian Software industry average.

PE vs Market: NTO is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NTO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NTO is overvalued based on its PB Ratio (20.3x) compared to the AU Software industry average (5.2x).


Future Growth

How is Nitro Software forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

9.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NTO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: NTO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: NTO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: NTO's revenue (25% per year) is forecast to grow faster than the Australian market (5.3% per year).

High Growth Revenue: NTO's revenue (25% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NTO is forecast to be unprofitable in 3 years.


Past Performance

How has Nitro Software performed over the past 5 years?

12.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NTO is currently unprofitable.

Growing Profit Margin: NTO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NTO is unprofitable, but has reduced losses over the past 5 years at a rate of 12.6% per year.

Accelerating Growth: Unable to compare NTO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NTO is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (37.5%).


Return on Equity

High ROE: NTO has a negative Return on Equity (-56.09%), as it is currently unprofitable.


Financial Health

How is Nitro Software's financial position?


Financial Position Analysis

Short Term Liabilities: NTO's short term assets ($48.7M) exceed its short term liabilities ($29.4M).

Long Term Liabilities: NTO's short term assets ($48.7M) exceed its long term liabilities ($2.2M).


Debt to Equity History and Analysis

Debt Level: NTO is debt free.

Reducing Debt: NTO had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: NTO has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if NTO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Nitro Software current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NTO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NTO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NTO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NTO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NTO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

Sam Chandler

no data

Tenure

US$677,475

Compensation

Mr. Sam Chandler founded Nitro Software Limited, Inc in May 2005 and serves as its Chief Executive Officer. Mr. Chandler serves on the advisory board of Brocon Ltd. Mr. Chandler serves on the board of the...


CEO Compensation Analysis

Compensation vs Market: Sam's total compensation ($USD677.48K) is about average for companies of similar size in the Australian market ($USD716.52K).

Compensation vs Earnings: Sam's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: NTO's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: NTO's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nitro Software Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Nitro Software Limited
  • Ticker: NTO
  • Exchange: ASX
  • Founded: 1997
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$656.194m
  • Shares outstanding: 191.87m
  • Website: https://www.gonitro.com

Number of Employees


Location

  • Nitro Software Limited
  • 150 Spear Street
  • Suite 1500
  • San Francisco
  • California
  • 94105
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 07:05
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.