Centerac Technologies Limited provides IT services worldwide.
+ 1 more risk
Flawless balance sheet with questionable track record.
Share Price & News
How has Centerac Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531621's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how 531621 performed against the Indian IT industry.
Return vs Market: Insufficient data to determine how 531621 performed against the Indian Market.
Price Volatility Vs. Market
How volatile is Centerac Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Centerac Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 531621 (₹3.29) is trading above our estimate of fair value (₹0.19)
Significantly Below Fair Value: 531621 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 531621 is poor value based on its PE Ratio (79.3x) compared to the IT industry average (11.2x).
PE vs Market: 531621 is poor value based on its PE Ratio (79.3x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531621's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531621 is overvalued based on its PB Ratio (46.6x) compared to the IN IT industry average (0.9x).
How is Centerac Technologies 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 Centerac 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.
- Examine Centerac Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Centerac Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Centerac Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531621 has a high level of non-cash earnings.
Growing Profit Margin: 531621 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 531621 has become profitable over the past 5 years, growing earnings by 25.4% per year.
Accelerating Growth: 531621 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 531621 has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (7.2%).
Return on Equity
High ROE: Whilst 531621's Return on Equity (90.32%) is outstanding, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
How is Centerac Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: 531621's short term assets (₹1.1M) exceed its short term liabilities (₹759.0K).
Long Term Liabilities: 531621 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531621 is debt free.
Reducing Debt: 531621 had no debt 5 years ago.
Inventory Level: 531621 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 531621'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: 531621 is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if 531621 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Centerac Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 531621's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 531621'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 531621's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 531621'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 531621'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 board tenure
Ashwani Singh (48yo)
Mr. Ashwani Kumar Singh has been Chairman of the Board and Managing Director of Centerac Technologies Ltd since May 23, 2018. Mr. Singh has been Chief Financial Officer of Centerac Technologies Limited sin ...
|Chairman||1.8yrs||no data||72.57% ₹26.3m|
|Non-Executive Independent Director||1.8yrs||no data||no data|
|Non-Executive & Women Director||1.8yrs||no data||no data|
|Non-executive Independent Director||0.8yrs||no data||no data|
Experienced Board: 531621's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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 been diluted in the past year, with total shares outstanding growing by 9.6%.
Centerac Technologies Limited's company bio, employee growth, exchange listings and data sources
- Name: Centerac Technologies Limited
- Ticker: 531621
- Exchange: BSE
- Founded: 1992
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹36.304m
- Shares outstanding: 11.03m
- Website: https://www.centerac.com
Number of Employees
- Centerac Technologies Limited
- Alpha 201
- Hiranandani Powai
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531621||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2000|
Centerac Technologies Limited provides IT services worldwide. It offers IT and IT-enabled services, which include digital strategy advisory, customer centric design, technology consulting, IT consulting, custom application design, development, reengineering and maintenance, systems integration, package implementation, global infrastructure services, analytics services, business process services, research and development, and hardware and software design to enterprises. The company was formerly known as Ez-Comm Trade Technologies Limited and changed its name to Centerac Technologies Limited in June 2012. Centerac Technologies Limited was founded in 1992 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 12:45|
|End of Day Share Price||2020/02/17 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.