Nitro Software Limited operates as a document productivity software company in Australia and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$3.54|
|52 Week High||AU$2.10|
|52 Week Low||AU$3.79|
|1 Month Change||1.43%|
|3 Month Change||5.67%|
|1 Year Change||-1.12%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||132.90%|
Recent News & Updates
|NTO||AU Software||AU Market|
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.
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
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
|NTO fundamental statistics|
Is NTO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NTO income statement (TTM)|
|Cost of Revenue||US$4.02m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.073|
|Net Profit Margin||-31.00%|
How did NTO perform over the long term?See historical performance and comparison
Is Nitro Software undervalued compared to its fair value and its price relative to the market?
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).
How is Nitro Software forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
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.
How has Nitro Software performed over the past 5 years?
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.
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 ($2.2M).
Debt to Equity History and Analysis
Debt Level: NTO is debt free.
Reducing Debt: NTO had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NTO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NTO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Nitro Software current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NTO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NTO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NTO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NTO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NTO's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Sam Chandler founded Nitro Software Limited, Inc in May 2005 and serves as its Chief Executive Officer. Mr. Chandler serves on the advisory board of Brocon Ltd. Mr. Chandler serves on the board of the...
CEO Compensation Analysis
Compensation vs Market: Sam's total compensation ($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.
Experienced Management: NTO's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: NTO's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nitro Software Limited's employee growth, exchange listings and data sources
- 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
- Nitro Software Limited
- 150 Spear Street
- Suite 1500
- San Francisco
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:05|
|End of Day Share Price||2021/10/22 00:00|
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.