BSE:526433

Stock Analysis Report

Executive Summary

ASM Technologies Limited provides consulting and product development services in the areas of engineering services, product research and development services, and digital transformation in India, Singapore, the United States, the United Kingdom, Canada, Mexico, and Japan.

Risk Analysis

Earnings have declined by -3.42% per year over past 5 years

Does not have a meaningful market cap (₹378M)

Dividend of 7.73% is not well covered by earnings

Highly volatile share price over past 3 months



Snowflake Analysis

Adequate balance sheet second-rate dividend payer.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 526433's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.7%

526433

1.3%

IN IT

-0.6%

IN Market


1 Year Return

-20.7%

526433

9.5%

IN IT

11.1%

IN Market

Return vs Industry: 526433 underperformed the Indian IT industry which returned 9.5% over the past year.

Return vs Market: 526433 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

526433IndustryMarket
7 Day-7.7%1.3%-0.6%
30 Day3.4%2.4%-0.5%
90 Day7.6%6.4%3.0%
1 Year-18.4%-20.7%12.4%9.5%13.1%11.1%
3 Year-25.8%-34.0%75.5%65.2%24.5%18.0%
5 Year-29.7%-41.8%57.1%42.6%37.8%25.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.77x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 526433 (₹77.6) is trading above our estimate of fair value (₹75.69)

Significantly Below Fair Value: 526433 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 526433 is unprofitable, so we can't compare its PE Ratio to the IT industry average.

PE vs Market: 526433 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526433's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526433 is good value based on its PB Ratio (0.8x) compared to the IN IT industry average (0.9x).


Next Steps

Future Growth

How is ASM Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.3%

Forecasted Software industry annual growth in earnings


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 ASM Technologies 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has ASM Technologies performed over the past 5 years?

-3.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526433 is currently unprofitable.

Growing Profit Margin: 526433 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 526433 is unprofitable, and losses have increased over the past 5 years at a rate of -3.4% per year.

Accelerating Growth: Unable to compare 526433's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 526433 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (7.2%).


Return on Equity

High ROE: 526433 has a negative Return on Equity (-9%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is ASM Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 526433's short term assets (₹455.7M) exceed its short term liabilities (₹263.9M).

Long Term Liabilities: 526433's short term assets (₹455.7M) exceed its long term liabilities (₹38.6M).


Debt to Equity History and Analysis

Debt Level: 526433's debt to equity ratio (35.8%) is considered satisfactory.

Reducing Debt: 526433's debt to equity ratio has reduced from 84.4% to 35.8% over the past 5 years.


Balance Sheet

Inventory Level: 526433 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 526433's debt is covered by short term assets (assets are 2.6x debt).


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: 526433 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 526433 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

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

7.73%

Current Dividend Yield


Dividend Yield vs Market

company7.7%marketbottom25%0.6%markettop25%2.6%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 526433's dividend (7.73%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).

High Dividend: 526433's dividend (7.73%) is in the top 25% of dividend payers in the Indian market (2.55%)


Stability and Growth of Payments

Stable Dividend: 526433's dividend payments have been volatile in the past 10 years.

Growing Dividend: 526433's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 526433 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

6.5yrs

Average board tenure


CEO

Rabindra Srikantan (58yo)

₹10,080,000

Compensation

Mr. Rabindra Srikantan serves as the President and Chief Operating officer of Pinnacle Talent Inc., USA. Mr. Srikantan serves as the President of ESR Associates Inc., USA. He serves as the Managing Directo ...


CEO Compensation Analysis

Compensation vs Market: Rabindra's total compensation ($USD140.86K) is above average for companies of similar size in the Indian market ($USD50.31K).

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


Board Members

NamePositionTenureCompensationOwnership
Rabindra Srikantan
MD & Executive Director0yrs₹10.08m42.07% 158.8m
Balkrishna Sonde
Independent Director0.7yrs₹240.00kno data
Mamidipudi Vikram
Independent Chairman10.1yrs₹290.00kno data
Muthuswami Lakshminarayan
Non-Executive Non Independent Director3.9yrs₹320.00kno data
Shekar Viswanathan
Independent-Non Executive Director8.1yrs₹250.00kno data
Preeti Rabindra
Non Independent Non-Executive Director4.9yrs₹270.00k7.61% 28.7m

6.5yrs

Average Tenure

63yo

Average Age

Experienced Board: 526433's board of directors are considered experienced (6.5 years average tenure).


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.


Ownership Breakdown

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


Top Shareholders

Company Information

ASM Technologies Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ASM Technologies Limited
  • Ticker: 526433
  • Exchange: BSE
  • Founded: 1992
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: ₹377.500m
  • Shares outstanding: 5.00m
  • Website: https://www.asmltd.com

Number of Employees


Location

  • ASM Technologies Limited
  • 80/2 Lusanne Court
  • Richmond Road
  • Bengaluru
  • Karnataka
  • 560 025
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526433BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2002

Biography

ASM Technologies Limited provides consulting and product development services in the areas of engineering services, product research and development services, and digital transformation in India, Singapore, the United States, the United Kingdom, Canada, Mexico, and Japan. Its services include engineering services, robotics, product life cycle, Internet of Things, virtual reality/augmented reality, and sustenance life cycle. The company also provides Open edX, an open source platform that offers interactive online courses and massive open online courses of various universities and institutions. In addition, it designs and develops systems/sub systems for deposition, Etch, CMP, and related process tools; inspection/metrology equipment; substrate transfer systems; precision motion control systems; and precision mechanisms, as well as driver assistance systems. ASM Technologies Limited was founded in 1992 and is headquartered in Bengaluru, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 12:43
End of Day Share Price2020/02/20 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.