HOV Services
Market Cap
₹750.9m
Last Updated
2019/11/13 12:47 UTC
Data Sources
Company Financials
Executive Summary
HOV Services Limited, together with its subsidiaries, provides software and information technology enabled services in India and internationally.
Snowflake
Excellent balance sheet with questionable track record.
Similar Companies
Share Price & News
How has HOV Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532761's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-0.3%
532761
-1.2%
IN IT
-1.2%
IN Market
1 Year Return
-66.6%
532761
10.4%
IN IT
4.0%
IN Market
Return vs Industry: 532761 underperformed the Indian IT industry which returned 10.4% over the past year.
Return vs Market: 532761 underperformed the Indian Market which returned 4% over the past year.
Shareholder returns
| 532761 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.3% | -1.2% | -1.2% |
| 30 Day | -11.2% | 2.3% | 4.8% |
| 90 Day | -26.7% | -1.8% | 7.5% |
| 1 Year | -66.6%-66.6% | 13.4%10.4% | 6.1%4.0% |
| 3 Year | -38.6%-38.6% | 80.7%70.0% | 34.2%27.3% |
| 5 Year | -66.4%-66.4% | 62.4%47.2% | 37.4%24.5% |
Price Volatility Vs. Market
How volatile is HOV Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is HOV Services undervalued compared to its fair value and its price relative to the market?
429.81x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532761 (₹60) is trading above our estimate of fair value (₹1.5)
Significantly Below Fair Value: 532761 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532761 is poor value based on its PE Ratio (429.8x) compared to the IT industry average (11.1x).
PE vs Market: 532761 is poor value based on its PE Ratio (429.8x) compared to the Indian market (13.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532761's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532761 is good value based on its PB Ratio (0.2x) compared to the IN IT industry average (1x).
Next Steps
Future Growth
How is HOV Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
9.4%
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 HOV 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
- Examine HOV Services'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.
- HOV Services competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has HOV Services performed over the past 5 years?
22.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532761 has high quality earnings.
Growing Profit Margin: 532761's current net profit margins (1.7%) are lower than last year (17.5%).
Past Earnings Growth Analysis
Earnings Trend: 532761 has become profitable over the past 5 years, growing earnings by 22.2% per year.
Accelerating Growth: 532761's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532761 had negative earnings growth (-92.6%) over the past year, making it difficult to compare to the IT industry average (9.9%).
Return on Equity
High ROE: 532761's Return on Equity (0.04%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is HOV Services's financial position?
Financial Position Analysis
Short Term Liabilities: 532761's short term assets (₹110.1M) exceeds its short term liabilities (₹41.4M)
Long Term Liabilities: 532761's short term assets (110.1M) do not cover its long term liabilities (1.6B)
Debt to Equity History and Analysis
Debt Level: 532761's debt to equity ratio (1%) is considered satisfactory
Reducing Debt: 532761's debt to equity ratio has reduced from 6% to 1% over the past 5 years.
Debt Coverage: 532761's debt is well covered by operating cash flow (62.5%).
Interest Coverage: 532761 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 532761 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 532761's debt is covered by short term assets (assets are 2.6x debt).
Next Steps
Dividend
What is HOV Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 532761's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 532761'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 532761's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 532761's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 532761 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 532761's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
What is the CEO of HOV Services's salary, the management and board of directors tenure and is there insider trading?
2.8yrs
Average management tenure
CEO
HOV Services has no CEO, or we have no data on them.
Management Age and Tenure
2.8yrs
Average Tenure
51yo
Average Age
Experienced Management: 532761's management team is considered experienced (2.8 years average tenure).
Board Age and Tenure
6.7yrs
Average Tenure
66yo
Average Age
Experienced Board: 532761's board of directors are considered experienced (6.7 years average tenure).
Insider Trading
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.
Management Team
Surinder Rametra (79yo)
Executive Director
- Tenure: 16.5yrs
Sunil Rajadhyaksha (66yo)
Chairman
- Tenure: 8.3yrs
- Compensation: ₹4.80m
Vik Negi (43yo)
Executive Officer & Executive Director
- Tenure: 2.8yrs
Bhuvanesh Sharma (47yo)
VP of Corporate Affairs
- Tenure: 4.8yrs
- Compensation: ₹2.70m
Jim Reynolds (50yo)
Chief Financial Officer of Global
- Tenure: 0yrs
Balbirsingh Batra (60yo)
Vice President
- Tenure: 0yrs
Nilesh Bafna (42yo)
Chief Financial Officer
- Tenure: 2.2yrs
- Compensation: ₹3.18m
Shrirang Chitnis (51yo)
Director of Applications Development
- Tenure: 0yrs
A.D. Venkatesh (58yo)
Assistant General Counsel
- Tenure: 0yrs
Board Members
Surinder Rametra (79yo)
Executive Director
- Tenure: 16.5yrs
Baldev Gupta (79yo)
Non-Executive Independent Director
- Tenure: 13.8yrs
- Compensation: ₹480.00k
Sunil Rajadhyaksha (66yo)
Chairman
- Tenure: 8.3yrs
- Compensation: ₹4.80m
Vik Negi (43yo)
Executive Officer & Executive Director
- Tenure: 2.8yrs
Lakshmi Kumar
Non-Executive Independent Director
- Tenure: 5.1yrs
- Compensation: ₹420.00k
Harjit Anand (65yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: ₹50.00k
Company Information
HOV Services Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: HOV Services Limited
- Ticker: 532761
- Exchange: BSE
- Founded: 1989
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: ₹750.932m
- Shares outstanding: 12.59m
- Website: https://www.hovsltd.com
Number of Employees
Location
- HOV Services Limited
- Sharda Arcade
- 3rd Floor
- Pune
- Maharashtra
- 411037
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532761 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Sep 2006 |
| HOVS | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Sep 2006 |
Biography
HOV Services Limited, together with its subsidiaries, provides software and information technology enabled services in India and internationally. The company offers software development, maintenance, and s ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/13 12:47 |
| End of Day Share Price | 2019/11/13 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2019/03/31 |
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.