Firstobject Technologies Limited operates as an IT/ITES and e-education software development company in India.
+ 1 more risk
Adequate balance sheet and fair value.
Share Price & News
How has Firstobject Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532379's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 532379 underperformed the Indian Software industry which returned -47.4% over the past year.
Return vs Market: 532379 underperformed the Indian Market which returned -26.5% over the past year.
Price Volatility Vs. Market
How volatile is Firstobject Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Firstobject Technologies undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 532379 (₹1.51) is trading below our estimate of fair value (₹89.66)
Significantly Below Fair Value: 532379 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 532379 is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: 532379 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 532379's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532379 is good value based on its PB Ratio (0.1x) compared to the IN Software industry average (0.7x).
How is Firstobject 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 Firstobject 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 whether Firstobject Technologies is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Firstobject 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 Firstobject Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532379 is currently unprofitable.
Growing Profit Margin: 532379 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 532379 is unprofitable, and losses have increased over the past 5 years at a rate of -34.6% per year.
Accelerating Growth: Unable to compare 532379's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 532379 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-4%).
Return on Equity
High ROE: 532379 has a negative Return on Equity (-20.86%), as it is currently unprofitable.
How is Firstobject Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: 532379's short term assets (₹63.5M) exceed its short term liabilities (₹7.5M).
Long Term Liabilities: 532379's short term assets (₹63.5M) exceed its long term liabilities (₹21.6M).
Debt to Equity History and Analysis
Debt Level: 532379's debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 532379's debt to equity ratio has reduced from 4.3% to 2.3% 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: Insufficient data to determine if 532379 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 532379 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Firstobject Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 532379's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 532379'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 532379's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 532379's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 532379 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 532379'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
Chavali Kumar (50yo)
Mr. Chavali Sriram Kumar, M.Tech, M.B.A, LL.B, (Ph.D) has been the Managing Director of Firstobject Technologies Ltd. since November 22, 2012. Mr. Kumar served as Vice President of Product Development of N ...
CEO Compensation Analysis
Compensation vs Market: Chavali's total compensation ($USD12.70K) is below average for companies of similar size in the Indian market ($USD47.89K).
Compensation vs Earnings: Chavali's compensation has been consistent with company performance over the past year.
|MD & Director||7.42yrs||₹965.00k||5.02% ₹789.3k|
|Independent Non Executive Director||11.58yrs||₹5.00k||0.24% ₹37.7k|
|Independent Non-Executive Director||12.5yrs||₹5.00k||no data|
|Independent Non-Executive Director||7.33yrs||₹5.00k||no data|
|Independent Non-Executive Director||5.08yrs||₹5.00k||no data|
Experienced Board: 532379's board of directors are considered experienced (9.5 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.
Firstobject Technologies Limited's company bio, employee growth, exchange listings and data sources
- Name: Firstobject Technologies Limited
- Ticker: 532379
- Exchange: BSE
- Founded: 2000
- Industry: Systems Software
- Sector: Software
- Market Cap: ₹15.708m
- Shares outstanding: 10.40m
- Website: https://www.firstobjectindia.com
- Firstobject Technologies Limited
- 302, The Bureau Chambers
- Above State Bank of Patiala
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532379||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 2004|
Firstobject Technologies Limited operates as an IT/ITES and e-education software development company in India. It offers IT/ITES services, such as solution architecting, application development, product development, independent validation, documentation, data management, business intelligence, digital transformation, and program/project management services for banking and financial services, property and casualty insurance, and health care industries. The company also provides e-learning content for pre-school, e-school, various engineering and medical entrance examinations, management entrance examinations, bank jobs, and law entrance examinations. In addition, it offers knowledge process outsourcing services, including middle office and back office support services comprising data search programs, research report preparations, price monitoring and competitive analytics, financial contract risk management, and data reconciliation services to banks, educational institutions, and manufacturing and services companies; and business process outsourcing solutions. The company was incorporated in 2000 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/09 12:37|
|End of Day Share Price||2020/04/09 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.