Covidh Technologies
Market Cap
₹6.9m
Last Updated
2020/03/28 13:37 UTC
Data Sources
Company Financials
Executive Summary
Covidh Technologies Limited provides IT/ITES in India.
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 1 more risk
Snowflake Analysis
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has Covidh Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 534920 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
534920
-3.8%
IN Software
-3.0%
IN Market
1 Year Return
14.0%
534920
-51.4%
IN Software
-29.2%
IN Market
Return vs Industry: 534920 exceeded the Indian Software industry which returned -51.4% over the past year.
Return vs Market: 534920 exceeded the Indian Market which returned -29.2% over the past year.
Shareholder returns
| 534920 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -3.8% | -3.0% |
| 30 Day | 0% | -38.6% | -26.9% |
| 90 Day | 1.6% | -38.1% | -28.5% |
| 1 Year | 14.0%14.0% | -50.5%-51.4% | -27.7%-29.2% |
| 3 Year | -76.1%-76.1% | -48.7%-53.2% | -15.2%-19.9% |
| 5 Year | -93.9%-93.9% | -39.4%-48.3% | -3.1%-8.1% |
Price Volatility Vs. Market
How volatile is Covidh Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Covidh Technologies undervalued compared to its fair value and its price relative to the market?
1.22x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 534920's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 534920's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 534920 is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: 534920 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 534920's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 534920 is overvalued based on its PB Ratio (1.2x) compared to the IN Software industry average (0.6x).
Next Steps
Future Growth
How is Covidh Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.8%
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 Covidh 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.
Next Steps
- Take a look at our analysis of 534920’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.
- Covidh Technologies 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 Covidh Technologies performed over the past 5 years?
13.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 534920 is currently unprofitable.
Growing Profit Margin: 534920 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 534920 is unprofitable, but has reduced losses over the past 5 years at a rate of 13.6% per year.
Accelerating Growth: Unable to compare 534920's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 534920 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-4%).
Return on Equity
High ROE: 534920 has a negative Return on Equity (-25.89%), as it is currently unprofitable.
Next Steps
Financial Health
How is Covidh Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: 534920's short term assets (₹167.6M) exceed its short term liabilities (₹90.9M).
Long Term Liabilities: 534920's short term assets (₹167.6M) exceed its long term liabilities (₹80.8M).
Debt to Equity History and Analysis
Debt Level: 534920's debt to equity ratio (2162%) is considered high.
Reducing Debt: 534920's debt to equity ratio has increased from 45.3% to 2162% over the past 5 years.
Balance Sheet
Inventory Level: 534920 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 534920's debt is covered by short term assets (assets are 1.6x 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 534920 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 534920 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Covidh Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 534920's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 534920'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 534920's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 534920's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 534920 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 534920'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?
1.4yrs
Average board tenure
CEO
Covidh Technologies has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Whole Time Director | 0.92yr | no data | no data | |
| Director | 5.58yrs | no data | 0.71% ₹48.8k | |
| Independent Director | no data | no data | no data | |
| Independent Women Director | 1.83yrs | no data | no data | |
| Independent Director | 0.42yr | no data | no data |
1.4yrs
Average Tenure
37yo
Average Age
Experienced Board: 534920's board of directors are not considered experienced ( 1.4 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 been diluted in the past year, with total shares outstanding growing by 28.5%.
Top Shareholders
Company Information
Covidh Technologies Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Covidh Technologies Limited
- Ticker: 534920
- Exchange: BSE
- Founded: 1993
- Industry: Application Software
- Sector: Software
- Market Cap: ₹6.890m
- Shares outstanding: 10.60m
- Website: https://null
Location
- Covidh Technologies Limited
- Sai Krishna Building
- Plot 797/A, B-2
- Hyderabad
- Andhra Pradesh
- 500033
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 534920 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Feb 2013 |
Biography
Covidh Technologies Limited provides IT/ITES in India. The company was formerly known as Aptus Industries Limited and changed its name to Covidh Technologies Limited in April 2014. Covidh Technologies Limited was incorporated in 1993 and is based in Hyderabad, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/28 13:37 |
| End of Day Share Price | 2020/03/09 00:00 |
| Earnings | 2019/06/30 |
| 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.