BSE:531429

Stock Analysis Report

Advent Computer Services

Executive Summary

Advent Computer Services Limited develops and sells software products in India and internationally.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Advent Computer Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 531429's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.5%

531429

-2.8%

IN Software

-0.7%

IN Market


1 Year Return

-38.8%

531429

-16.3%

IN Software

10.0%

IN Market

Return vs Industry: 531429 underperformed the Indian Software industry which returned -16.6% over the past year.

Return vs Market: 531429 underperformed the Indian Market which returned 11.1% over the past year.


Shareholder returns

531429IndustryMarket
7 Day-4.5%-2.8%-0.7%
30 Day-1.7%-3.9%-0.3%
90 Day53.6%1.2%3.2%
1 Year-38.8%-38.8%-15.5%-16.3%12.0%10.0%
3 Year-25.6%-25.6%-14.9%-21.8%23.9%17.1%
5 Year-47.4%-47.4%0.4%-14.0%38.3%25.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Advent Computer Services undervalued compared to its fair value and its price relative to the market?

0.18x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 531429's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 531429's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 531429 is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: 531429 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 531429's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531429 is good value based on its PB Ratio (0.2x) compared to the IN Software industry average (0.9x).


Next Steps

Future Growth

How is Advent Computer Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.0%

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 Advent Computer Services 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 Advent Computer Services performed over the past 5 years?

-52.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531429 is currently unprofitable.

Growing Profit Margin: 531429 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 531429 is unprofitable, and losses have increased over the past 5 years at a rate of -52.9% per year.

Accelerating Growth: Unable to compare 531429's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 531429 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-5.4%).


Return on Equity

High ROE: 531429 has a negative Return on Equity (-2.05%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Advent Computer Services's financial position?


Financial Position Analysis

Short Term Liabilities: 531429's short term assets (₹9.2M) exceed its short term liabilities (₹6.8M).

Long Term Liabilities: 531429's short term assets (₹9.2M) do not cover its long term liabilities (₹28.3M).


Debt to Equity History and Analysis

Debt Level: 531429's debt to equity ratio (18.1%) is considered satisfactory.

Reducing Debt: 531429's debt to equity ratio has increased from 4.7% to 18.1% over the past 5 years.


Balance Sheet

Inventory Level: 531429 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 531429's debt is not covered by short term assets (assets are 0.4x 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: Insufficient data to determine if 531429 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 531429 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Advent Computer Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage2.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 531429's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 531429'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 531429's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531429'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 531429's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

1.7yrs

Average management tenure


CEO

Michael Arul (73yo)

14.8yrs

Tenure

0

Mr. Michael Arul has been the Managing Director of Advent Computer Services Ltd., since April 2005 and serves as its Chairman. Mr. Arul has been an Executive Director of Advent Computer Services Ltd., sinc ...


Leadership Team

NamePositionTenureCompensationOwnership
Michael Arul
Chairman & MD14.8yrsno data0.32% 88.0k
Rahul Jain
Chief Financial Officer1.3yrs₹178.80kno data
Vishal Desai
Company Secretary & Compliance Officer1.7yrs₹163.08kno data

1.7yrs

Average Tenure

Experienced Management: 531429's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Michael Arul
Chairman & MD14.8yrsno data0.32% 88.0k
Shree Narayan
Non-Executive Independent Director3.8yrs₹10.00kno data
Samir Shah
Non-Executive Non-Independent Director2.4yrs₹6.00k0.22% 59.6k
. Kavitha
Non-Executive Independent Director2.4yrs₹10.00kno data
Virginie Bompoil
Independent Director1.3yrs₹2.00kno data
Parthasarathy Sethuraman
Independent Director1.3yrs₹2.00kno data

2.4yrs

Average Tenure

53.5yo

Average Age

Experienced Board: 531429's board of directors are not considered experienced ( 2.4 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Advent Computer Services Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Advent Computer Services Limited
  • Ticker: 531429
  • Exchange: BSE
  • Founded: 1984
  • Industry: Application Software
  • Sector: Software
  • Market Cap: ₹27.503m
  • Shares outstanding: 16.27m
  • Website: https://www.adventcomputer.in

Number of Employees


Location

  • Advent Computer Services Limited
  • Swathi Towers
  • K22, 7th Floor
  • Chennai
  • Tamil Nadu
  • 600028
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531429BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2000

Biography

Advent Computer Services Limited develops and sells software products in India and internationally. It offers telecom based platforms/products for delivering secure mobile banking services; and remote and mobile health monitoring services that help physicians to detect and analyze symptoms. The company’s remote and mobile health monitoring solutions include remote and mobile ECG monitoring, voiding diary monitoring, blood pressure monitoring, blood glucose monitoring, fetus monitoring, and intelligent infant management systems, as well as patient follow-up and medication management systems. It also provides computer programming, consultancy, and related services. The company was founded in 1984 and is based in Chennai, India. Advent Computer Services Limited is a subsidiary of CCG GmbH. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 12:48
End of Day Share Price2020/02/18 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.