DB:074

Stock Analysis Report

Executive Summary

Telenav, Inc., together with its subsidiaries, provides connected car and location-based platform services in the United States and internationally.

Rewards

Earnings have grown 2.5% per year over the past 5 years

Risk Analysis

Earnings are forecast to decline by an average of -57.2% per year for the next 3 years

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

Shareholders have been diluted in the past year



Snowflake Analysis

Flawless balance sheet and overvalued.


Similar Companies

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Share Price & News

How has Telenav's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 074's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.5%

74

2.9%

DE Software

1.7%

DE Market


1 Year Return

26.4%

74

35.8%

DE Software

15.0%

DE Market

Return vs Industry: 074 underperformed the German Software industry which returned 35.8% over the past year.

Return vs Market: 074 exceeded the German Market which returned 15% over the past year.


Shareholder returns

74IndustryMarket
7 Day15.5%2.9%1.7%
30 Day33.7%1.3%0.8%
90 Day27.2%5.5%3.7%
1 Year26.4%26.4%37.6%35.8%18.5%15.0%
3 Year-26.0%-26.0%58.1%51.8%17.1%6.9%
5 Year-19.2%-19.2%132.8%116.3%24.3%7.3%

Price Volatility Vs. Market

How volatile is Telenav's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

2.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 074 (€5.75) is trading above our estimate of fair value (€1.41)

Significantly Below Fair Value: 074 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 074 is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: 074 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 074's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 074 is good value based on its PB Ratio (2.6x) compared to the DE Software industry average (3.2x).


Next Steps

Future Growth

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

-57.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 074 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 074 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 074 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 074's revenue (2.5% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: 074's revenue (2.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 074's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Telenav performed over the past 5 years?

2.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 074 is currently unprofitable.

Growing Profit Margin: 074 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 074 is unprofitable, but has reduced losses over the past 5 years at a rate of 2.5% per year.

Accelerating Growth: Unable to compare 074's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 074 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (14.6%).


Return on Equity

High ROE: 074 has a negative Return on Equity (-8.63%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Telenav's financial position?


Financial Position Analysis

Short Term Liabilities: 074's short term assets ($217.0M) exceed its short term liabilities ($110.2M).

Long Term Liabilities: 074's short term assets ($217.0M) exceed its long term liabilities ($100.9M).


Debt to Equity History and Analysis

Debt Level: 074 is debt free.

Reducing Debt: 074 has not had any debt for past 5 years.


Balance Sheet

Inventory Level: 074 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 074's debt is covered by short term assets.


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: Whilst unprofitable 074 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 074 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.9% per year.


Next Steps

Dividend

What is Telenav's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 074's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 074's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 074's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 074'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 074's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

H. Jin (55yo)

18.2yrs

Tenure

US$1,035,582

Compensation

Dr. H. P. Jin, Ph.D. is a Co-Founder of TeleNav, Inc. and has been its Chairman and Chief Executive Officer since December 2001 and its President since October 1999. Dr. Jin served as a Senior Strategy Con ...


CEO Compensation Analysis

Compensation vs Market: H.'s total compensation ($USD1.04M) is above average for companies of similar size in the German market ($USD634.28K).

Compensation vs Earnings: H.'s compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
H. Jin
Co-Founder18.2yrsUS$1.04m5.08% $13.2m
Salman Dhanani
Co-Founder & Co-President of Automotive Business Unit6.1yrsUS$812.56k0.44% $1.1m
Hassan Wahla
Co-President of Automotive Business Unit6.1yrsUS$696.03k0.17% $435.0k
Brent Fraser
Co-President & GM of Ads Business Unit2.1yrsno datano data
Brett Kohn
Co President & GM of Ads Business Unit2.1yrsno datano data
Yi Chao
Co-Founder & Chief Technical Officer0yrsno datano data
Adeel Manzoor
CFO, Treasurer0.6yrsno datano data
Michael Bishop
Investor Relations Officer0yrsno datano data
Steve Debenham
VP, General Counsel & Secretary0.5yrsno datano data

2.1yrs

Average Tenure

51yo

Average Age

Experienced Management: 074's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
H. Jin
Co-Founder18.2yrsUS$1.04m5.08% $13.2m
Douglas Miller
Independent Director4.6yrsUS$165.38k0.10% $265.5k
Ken Xie
Independent Director7.6yrsUS$151.38k0.24% $623.1k
Wesley Cummins
Independent Director3.5yrsUS$154.04k0.14% $370.4k
Randy Ortiz
Independent Director2.3yrsUS$162.75k0.14% $352.3k
Samuel Chen
Independent Director18.1yrsUS$152.71kno data

6.1yrs

Average Tenure

58.5yo

Average Age

Experienced Board: 074's board of directors are considered experienced (6.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 074 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.8%.


Top Shareholders

Company Information

Telenav, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Telenav, Inc.
  • Ticker: 74
  • Exchange: DB
  • Founded: 1999
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$282.169m
  • Listing Market Cap: US$260.244m
  • Shares outstanding: 48.15m
  • Website: https://www.telenav.com

Number of Employees


Location

  • Telenav, Inc.
  • 4655 Great America Parkway
  • Suite 300
  • Santa Clara
  • California
  • 95054
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TNAVNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMay 2010
74DB (Deutsche Boerse AG)YesCommon StockDEEURMay 2010

Biography

Telenav, Inc., together with its subsidiaries, provides connected car and location-based platform services in the United States and internationally. The company operates through Automotive and Mobile Navigation segments. It offers automotive navigation services, including on-board solutions, which consist of software, map, and points of interest data loaded in vehicles that provide voice-guided turn by turn navigation displayed on the vehicle screen; and brought-in navigation services. The company also provides voice-guided, real-time, turn by turn, and mobile navigation services under various brand names, including Telenav GPS, as well as under wireless carrier brands. Its customers include wireless carriers, automobile manufacturers, original equipment manufacturers, advertisers, advertising agencies, and end users. The company distributes its services primarily through wireless carrier partners. Telenav, Inc. was incorporated in 1999 and is headquartered in Santa Clara, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 22:02
End of Day Share Price2020/02/14 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.