Ace Software Exports Limited, together with its subsidiaries, provides computer software and services in India. More Details
Mediocre balance sheet and overvalued.
Share Price & News
How has Ace Software Exports's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531525 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 531525 underperformed the Indian IT industry which returned 29.4% over the past year.
Return vs Market: 531525 underperformed the Indian Market which returned -2.5% over the past year.
Price Volatility Vs. Market
How volatile is Ace Software Exports's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Ace Software Exports 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 531525's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 531525's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 531525 is unprofitable, so we can't compare its PE Ratio to the IN IT industry average.
PE vs Market: 531525 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 531525's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531525 is good value based on its PB Ratio (0.2x) compared to the IN IT industry average (1.3x).
How is Ace Software Exports forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Ace Software Exports 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.
- Take a look at our analysis of 531525’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.
- Ace Software Exports competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Ace Software Exports performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531525 is currently unprofitable.
Growing Profit Margin: 531525 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 531525 is unprofitable, and losses have increased over the past 5 years at a rate of 67.9% per year.
Accelerating Growth: Unable to compare 531525's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 531525 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-4.5%).
Return on Equity
High ROE: 531525 has a negative Return on Equity (-8.88%), as it is currently unprofitable.
How is Ace Software Exports's financial position?
Financial Position Analysis
Short Term Liabilities: 531525's short term assets (₹85.3M) exceed its short term liabilities (₹25.1M).
Long Term Liabilities: 531525's short term assets (₹85.3M) exceed its long term liabilities (₹12.3M).
Debt to Equity History and Analysis
Debt Level: 531525's debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: 531525's debt to equity ratio has increased from 0.07% to 8% over the past 5 years.
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: 531525 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 531525 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39% each year
What is Ace Software Exports's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 531525's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 531525'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 531525's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 531525'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 531525's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sanjay Dhamsania (58 yo)
Mr. Sanjay Harilal Dhamsania, MS, is the Co-Founder of Ace Software Exports Limited and serves as its Joint Managing Director. Mr. Dhamsania was a Partner of Apex Data Services, Inc. (also known as Apex Co ...
CEO Compensation Analysis
Compensation vs Market: Sanjay's total compensation ($USD44.34K) is about average for companies of similar size in the Indian market ($USD54.49K).
Compensation vs Earnings: Sanjay's compensation has increased whilst the company is unprofitable.
|Co-Founder||no data||₹3.30m||17.67% |
|Co-Founder||no data||₹3.30m||26.52% |
|CFO & Manager of Accounts||6.33yrs||₹760.79k||no data|
|Company Secretary & Compliance Officer||1.17yrs||₹306.00k||no data|
|Co-Founder & Head of Operations||no data||no data||no data|
Experienced Management: 531525's management team is seasoned and experienced (6.3 years average tenure).
|Co-Founder||no data||₹3.30m||17.67% |
|Co-Founder||no data||₹3.30m||26.52% |
|Non-Executive Independent Director||19.75yrs||₹15.00k||no data|
|Non-Executive Independent Director||17.75yrs||₹15.00k||0.021% |
|Non-Executive Independent Director||10.75yrs||₹15.00k||no data|
|Independent Director||6.08yrs||₹15.00k||no data|
Experienced Board: 531525's board of directors are seasoned and experienced ( 14.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ace Software Exports Limited's company bio, employee growth, exchange listings and data sources
- Name: Ace Software Exports Limited
- Ticker: 531525
- Exchange: BSE
- Founded: 1987
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹62.244m
- Shares outstanding: 4.68m
- Website: https://www.acesoftex.com
Number of Employees
- Ace Software Exports Limited
- 801, Everest Commercial Complex
- Opposite Shashtri Maidan
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531525||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 2004|
Ace Software Exports Limited, together with its subsidiaries, provides computer software and services in India. The company offers document management, digital publishing, and data conversion solutions usi ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/30 12:33|
|End of Day Share Price||2020/10/30 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.