Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
In this section, we usually try to help investors determine whether Determine is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Determine has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.
Show me the analysis anyway
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Determine. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Determine's earnings available for a low price, and how does
this compare to other companies in the same industry?
Determine has negative assets, we can't compare the value of its assets to the DE Software industry average.
Take a look at our analysis of SQJN’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Determine's regulatory filings and announcements.
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Determine has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Determine's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Determine's earnings growth to the Germany market average as no estimate data is available.
Unable to compare Determine's revenue growth to the Germany market average as no estimate data is available.
Unable to determine if Determine is high growth as no earnings estimate data is available.
Unable to determine if Determine is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Determine's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Patrick Stakenas has been Chief Executive Officer and President of Selectica, Inc. since June 3, 2015 and served as its Chief Strategy Officer sinceJanuary 6, 2014. Mr. Stakenas was a Co-Founder of ForceLogix Technologies Inc. (a/k/a Forcelogix, LLC). Mr. Stakenas served as Chief Executive Officer and President of ForceLogix Technologies until November 9, 2010. He served as the Chief Operating Officer of Houlihan Capital LLC. He served as the President and Chief Executive Officer of Courtland Capital Corp. He served as the President and Chief Executive Officer of Courtland Capital Inc. until November 9, 2010. He has over 20 years of industry executive and entrepreneurial experience. He served as Senior Vice President of Sales and Operations at CC Information Services, FileNet, Inc., and OpenText Corporation. Mr. Stakenas also started the US Operations for an international CRM company, where he successfully grew annual revenue to $14 million within 18 months which led to a successful acquisition. He served as a Senior Executive at CCC Information Services and worked in senior leadership roles at OpenText and FileNet (IBM). Mr. Stakenas served for 14 years with Moore Corporation Ltd. as Vice President and also served various sales management and executive roles, where he created the foundation for what is ForceLogix' industry leading Sales Force Optimizer suite of solutions. He has been a Director of Selectica, Inc. since June 3, 2015. He served as a Director of ForceLogix Technologies Inc., since December 16, 2009. He served as a Director of Courtland Capital Corp. He served as a Director of Courtland Capital Inc. since December 16, 2009. He is a frequent guest lecturer on sales performance management, customer relationship management and the importance of creating customer-centric organizations. Mr. Stakenas holds a B.S. Business Administration and Marketing from Ferris State University and holds an Executive Management Certificate, Northwestern's Kellogg School of Business.
Patrick's compensation has increased whilst company is loss making.
Patrick's remuneration is about average for companies of similar size in Germany.
Management Team Tenure
Average tenure and age of the
management team in years:
The tenure for the Determine management team is about average.
Founder & Director
CFO & Secretary
Chief Operating Officer
Chief Technology Officer
Chief Marketing Officer & Senior VP of EMEA
Chief Customer Officer
Chief Product Officer
Chief Revenue Officer
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The tenure for the Determine board of directors is about average.
Determine, Inc. provides software-as-a-service source-to-pay and enterprise contract lifecycle management (ECLM) solutions. The company offers Determine Cloud Platform, an open technology infrastructure for application in strategic sourcing, contract management, e-procurement, invoice management, financial management, supplier management, business applications, ECLM, and analytics. It also provides professional services, including system implementations and enhancements, and training. The company serves various industries, such as insurance, pharmaceuticals, healthcare, retail, transportation, manufacturing, and financial services. It operates in the United States, France, the United Kingdom, Canada, Finland, Denmark, Australia, Switzerland, Bulgaria, Hong Kong, Belgium, Norway, Bermuda, the Netherlands, Italy, the United Arab Emirates, Ireland, Germany, and China. The company sells its products through direct sales force, as well as strategic and OEM partners. The company was formerly known as Selectica, Inc. and changed its name to Determine, Inc. in October 2015. Determine, Inc. was founded in 1996 and is headquartered in Carmel, Indiana.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.