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8K Miles Software Services

NSEI:8KMILES
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8KMILES
NSEI
₹4B
Market Cap
  1. Home
  2. IN
  3. Software
Company description

8K Miles Software Services Limited provides information and technology services in the United States, India, the Middle East, and North Africa. The last earnings update was 69 days ago. More info.


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  • 8K Miles Software Services has significant price volatility in the past 3 months.
8KMILES Share Price and Events
7 Day Returns
-10.2%
NSEI:8KMILES
-1%
IN Software
-1.2%
IN Market
1 Year Returns
-85.1%
NSEI:8KMILES
-19.4%
IN Software
-2.5%
IN Market
8KMILES Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
8K Miles Software Services (8KMILES) -10.2% 18.3% -10.3% -85.1% -84.1% 153.8%
IN Software -1% 2.9% -4.2% -19.4% -4% 27.2%
IN Market -1.2% 1.4% 4.8% -2.5% 40% 69.9%
1 Year Return vs Industry and Market
  • 8KMILES underperformed the Software industry which returned -19.4% over the past year.
  • 8KMILES underperformed the Market in India which returned -2.5% over the past year.
Price Volatility
8KMILES
Industry
5yr Volatility vs Market

8KMILES Value

 Is 8K Miles Software Services undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of 8K Miles Software Services to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for 8K Miles Software Services.

NSEI:8KMILES Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 17.9%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:8KMILES
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.135 (1 + (1- 35%) (21.97%))
1.199
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.199 * 8.6%)
17.86%

Discounted Cash Flow Calculation for NSEI:8KMILES using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for 8K Miles Software Services is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NSEI:8KMILES DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 17.86%)
2019 106.61 Est @ 10.69% 90.45
2020 117.01 Est @ 9.75% 84.23
2021 127.64 Est @ 9.09% 77.96
2022 138.66 Est @ 8.63% 71.85
2023 150.17 Est @ 8.3% 66.02
2024 162.31 Est @ 8.08% 60.54
2025 175.16 Est @ 7.92% 55.43
2026 188.84 Est @ 7.81% 50.70
2027 203.44 Est @ 7.73% 46.34
2028 219.05 Est @ 7.68% 42.34
Present value of next 10 years cash flows ₹645.87
NSEI:8KMILES DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹219.05 × (1 + 7.55%) ÷ (17.86% – 7.55%)
₹2,284.22
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹2,284.22 ÷ (1 + 17.86%)10
₹441.50
NSEI:8KMILES Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹645.87 + ₹441.50
₹1,087.36
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹1,087.36 / 30.52
₹35.63
NSEI:8KMILES Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:8KMILES represents 1.00454x of BSE:512161
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.00454x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 35.63 x 1.00454
₹35.79
Value per share (INR) From above. ₹35.79
Current discount Discount to share price of ₹121.75
= -1 x (₹121.75 - ₹35.79) / ₹35.79
-240.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of 8K Miles Software Services is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for 8K Miles Software Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are 8K Miles Software Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:8KMILES PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹62.98
BSE:512161 Share Price ** BSE (2019-04-23) in INR ₹121.2
India Software Industry PE Ratio Median Figure of 48 Publicly-Listed Software Companies 15.91x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of 8K Miles Software Services.

NSEI:8KMILES PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:512161 Share Price ÷ EPS (both in INR)

= 121.2 ÷ 62.98

1.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 8K Miles Software Services is good value based on earnings compared to the IN Software industry average.
  • 8K Miles Software Services is good value based on earnings compared to the India market.
Price based on expected Growth
Does 8K Miles Software Services's expected growth come at a high price?
Raw Data
NSEI:8KMILES PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
2%per year
India Software Industry PEG Ratio Median Figure of 9 Publicly-Listed Software Companies 1.02x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for 8K Miles Software Services, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on 8K Miles Software Services's assets?
Raw Data
NSEI:8KMILES PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹212.75
BSE:512161 Share Price * BSE (2019-04-23) in INR ₹121.2
India Software Industry PB Ratio Median Figure of 66 Publicly-Listed Software Companies 1.2x
India Market PB Ratio Median Figure of 3,629 Publicly-Listed Companies 1.1x
NSEI:8KMILES PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:512161 Share Price ÷ Book Value per Share (both in INR)

= 121.2 ÷ 212.75

0.57x

* Primary Listing of 8K Miles Software Services.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • 8K Miles Software Services is good value based on assets compared to the IN Software industry average.
X
Value checks
We assess 8K Miles Software Services's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. 8K Miles Software Services has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

8KMILES Future Performance

 How is 8K Miles Software Services expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover 8K Miles Software Services, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is 8K Miles Software Services expected to grow at an attractive rate?
  • 8K Miles Software Services's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • 8K Miles Software Services's earnings growth is positive but not above the India market average.
  • Unable to compare 8K Miles Software Services's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:8KMILES Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:8KMILES Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 2%
India Software Industry Earnings Growth Rate Market Cap Weighted Average 16.3%
India Software Industry Revenue Growth Rate Market Cap Weighted Average 12%
India Market Earnings Growth Rate Market Cap Weighted Average 18.3%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:8KMILES Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:8KMILES Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:8KMILES Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 10,027 1,922
2018-09-30 9,660 1,909
2018-06-30 8,940 1,809
2018-03-31 8,492 1,251 1,716
2017-12-31 7,965 1,583
2017-09-30 7,144 1,404
2017-06-30 6,259 1,230
2017-03-31 5,283 717 1,045
2016-12-31 4,540 822
2016-09-30 3,863 666
2016-06-30 3,252 517
2016-03-31 2,719 189 396

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 8K Miles Software Services's earnings are expected to grow by 2% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if 8K Miles Software Services is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:8KMILES Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from 8K Miles Software Services Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:8KMILES Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:8KMILES Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 62.98
2018-09-30 62.54
2018-06-30 59.29
2018-03-31 56.24
2017-12-31 51.87
2017-09-30 46.00
2017-06-30 40.32
2017-03-31 34.43
2016-12-31 27.26
2016-09-30 22.20
2016-06-30 17.51
2016-03-31 13.63

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if 8K Miles Software Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess 8K Miles Software Services's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
8K Miles Software Services has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

8KMILES Past Performance

  How has 8K Miles Software Services performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare 8K Miles Software Services's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 8K Miles Software Services has delivered over 20% year on year earnings growth in the past 5 years.
  • 8K Miles Software Services's 1-year earnings growth is less than its 5-year average (21.4% vs 54.9%)
  • 8K Miles Software Services's earnings growth has not exceeded the IN Software industry average in the past year (21.4% vs 21.7%).
Earnings and Revenue History
8K Miles Software Services's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from 8K Miles Software Services Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:8KMILES Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 10,026.65 1,922.14 229.77
2018-09-30 9,659.82 1,908.58 229.77
2018-06-30 8,940.37 1,809.28
2018-03-31 8,492.39 1,716.16 229.77
2017-12-31 7,965.16 1,583.07 71.04
2017-09-30 7,143.72 1,403.67 71.04
2017-06-30 6,259.31 1,230.19 772.16
2017-03-31 5,283.35 1,044.71 119.23
2016-12-31 4,540.09 821.63 173.28
2016-09-30 3,863.32 665.75 123.29
2016-06-30 3,252.39 516.93 598.91
2016-03-31 2,719.31 395.86 46.38
2015-12-31 2,280.03 335.16 484.62
2015-09-30 1,884.22 276.46 421.44
2015-06-30 1,544.15 230.48 366.80
2015-03-31 1,248.53 189.77 19.63
2014-12-31 1,006.21 141.08 241.35
2014-09-30 765.23 106.80 168.19
2014-06-30 584.76 80.74 111.96
2014-03-31 440.55 60.78 68.27
2013-03-31 262.15 39.71 51.06

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • 8K Miles Software Services has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • 8K Miles Software Services used its assets more efficiently than the IN Software industry average last year based on Return on Assets.
  • 8K Miles Software Services has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess 8K Miles Software Services's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
8K Miles Software Services has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

8KMILES Health

 How is 8K Miles Software Services's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up 8K Miles Software Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 8K Miles Software Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • 8K Miles Software Services's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of 8K Miles Software Services's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 5.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from 8K Miles Software Services Company Filings, last reported 3 months ago.

NSEI:8KMILES Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 8,375.68 820.38 993.30
2018-09-30 8,375.68 820.38 993.30
2018-06-30 6,383.31 759.94 440.55
2018-03-31 6,383.31 864.83 109.91
2017-12-31 5,126.97 559.62 1,209.99
2017-09-30 5,126.97 559.62 1,209.99
2017-06-30 4,208.99 274.57 907.37
2017-03-31 4,281.79 407.89 897.92
2016-12-31 3,337.85 27.27 430.97
2016-09-30 3,337.85 27.27 430.97
2016-06-30 2,705.25 27.24 285.55
2016-03-31 2,705.25 64.30 285.55
2015-12-31 2,236.08 0.00 148.91
2015-09-30 2,236.08 0.00 148.91
2015-06-30 1,365.30 0.00 147.83
2015-03-31 1,365.30 2.61 147.83
2014-12-31 932.74 93.18 48.57
2014-09-30 932.74 93.18 48.57
2014-06-30 831.32 37.12 48.34
2014-03-31 831.32 37.83 48.34
2013-03-31 275.91 21.16 14.48
  • 8K Miles Software Services's level of debt (9.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (4.9% vs 9.8% today).
  • Debt is well covered by operating cash flow (152.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 62.8x coverage).
X
Financial health checks
We assess 8K Miles Software Services's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. 8K Miles Software Services has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

8KMILES Dividends

 What is 8K Miles Software Services's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from 8K Miles Software Services dividends.
If you bought ₹2,000 of 8K Miles Software Services shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate 8K Miles Software Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate 8K Miles Software Services's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:8KMILES Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Software Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 2.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:8KMILES Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:8KMILES Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-02-13 0.000 0.000
2018-11-13 0.000 0.000
2018-09-12 0.000 0.000
2017-05-10 1.000 0.185

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as 8K Miles Software Services has not reported any payouts.
  • Unable to verify if 8K Miles Software Services's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of 8K Miles Software Services's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as 8K Miles Software Services has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess 8K Miles Software Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can 8K Miles Software Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. 8K Miles Software Services has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

8KMILES Management

 What is the CEO of 8K Miles Software Services's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Suresh Venkatachari
COMPENSATION ₹0
AGE 51
CEO Bio

Mr. Suresh Venkatachari serves as the Chairman, Chief Executive Officer and Managing Director of 8K Miles Software Services Ltd. Mr. Venkatachari is Founder of 8K Miles Software Services Ltd. He has been the President, Chief Executive Officer, Treasurer and Secretary of Solutionnet International, Inc, since March 1999. He founded SolutionNet (Asia Pacific) in 1994 and serves as its Chief Executive Officer. During his corporate career, he served as the Head of Electronic Banking at Deutsche Bank, Singapore. He is a visionary with more than 26 years of experience in the IT solutions, consulting and Media industries. As a successful entrepreneur, he has founded four IT companies over the past 14 years: successfully taking two of these companies public and selling the other two in private transactions. He serves as Chairman of the Board at 8K Miles Media Group, Inc. He has been the Chairman of Solutionnet International, Inc, since March 1999. He has been a Executive Non-Independent Director of 8K Miles Software Services Ltd since August 30, 2010 and Solutionnet International, Inc, since March 1999. Mr. Venkatachari serves as a Director of SolutionNet (Asia Pacific) Pte Ltd. He holds a Bachelor’s degree in Engineering and an honorary Doctorate in Business.

CEO Compensation
  • Insufficient data for Suresh to compare compensation growth.
  • Suresh 's remuneration is lower than average for companies of similar size in India.
Management Team

Suresh Venkatachari

TITLE
Founder
AGE
51

Rama Ramani

TITLE
Founder & Whole-Time Director
AGE
53

Lena Kannappan

TITLE
COO, Head of Cloud IAM Business & Director
AGE
51
TENURE
5.9 yrs

Balanagendra Prasad. V

TITLE
Vice President of Finance & Administration

S. Chandran

TITLE
Executive VP and Head of HR & Operations
AGE
60

Rajgopalan S.

TITLE
Vice President of IAM

Harish Ganesan

TITLE
Co-Founder

Swasti Bhowmick

TITLE
Chief Financial Officer
TENURE
0.2 yrs

Diya Venkatesan

TITLE
Company Secretary & Compliance Officer

Sudish Mogli

TITLE
VP & Head of Cloud Platforms
Board of Directors Tenure

Average tenure and age of the 8K Miles Software Services board of directors in years:

3.5
Average Tenure
51
Average Age
  • The tenure for the 8K Miles Software Services board of directors is about average.
Board of Directors

Suresh Venkatachari

TITLE
Founder
AGE
51

Rama Ramani

TITLE
Founder & Whole-Time Director
AGE
53
TENURE
7.7 yrs

Lena Kannappan

TITLE
COO, Head of Cloud IAM Business & Director
AGE
51
TENURE
3.6 yrs

Padmini Ravichandran

TITLE
Independent Director
COMPENSATION
₹13K
AGE
56
TENURE
8.7 yrs

Gurumurthi Jayaraman

TITLE
Independent Director
COMPENSATION
₹12K
AGE
65
TENURE
5.2 yrs

Dinesh Punniamurthy

TITLE
Independent Director
COMPENSATION
₹14K
AGE
39
TENURE
3.1 yrs

Jay Vijayan

TITLE
Member of Strategic Advisory Board
AGE
45
TENURE
3.5 yrs

Reza Nazeman

TITLE
Member of Strategic Advisory Board
TENURE
3.5 yrs

Jason Rouault

TITLE
Member of Strategic Advisory Board
TENURE
3.5 yrs

Jeff Nigriny

TITLE
Member of Strategic Advisory Board
TENURE
3.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess 8K Miles Software Services's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 8K Miles Software Services has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

8KMILES News

Simply Wall St News

Why You Should Like 8K Miles Software Services Limited’s (NSE:8KMILES) ROCE

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

How Does 8K Miles Software Services Limited's (NSE:8KMILES) Earnings Growth Stack Up Against Industry Performance?

Below, I will assess 8K Miles Software Services Limited's (NSE:8KMILES) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … Could 8KMILES beat the long-term trend and outperform its industry. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 55%, indicating the rate at which 8KMILES is growing has slowed down

Simply Wall St -

The 8K Miles Software Services Share Price Is Up 166% And Shareholders Are Boasting About It

It hasn't been the best quarter for 8K Miles Software Services Limited (NSE:8KMILES) shareholders, since the share price has fallen 29% in that time. … During five years of share price growth, 8K Miles Software Services achieved compound earnings per share (EPS) growth of 112% per year. … This EPS growth is higher than the 22% average annual increase in the share price.

Simply Wall St -

Before You Buy 8K Miles Software Services Limited (NSE:8KMILES), Consider Its Volatility

Volatility is considered to be a measure of risk in modern finance theory. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

Have Insiders Been Selling 8K Miles Software Services Limited (NSE:8KMILES) Shares This Year?

So we'll take a look at whether insiders have been buying or selling shares in 8K Miles Software Services Limited (NSE:8KMILES). … 8K Miles Software Services Insider Transactions Over The Last Year. … In the last twelve months, the biggest single sale by an insider was when Founder Rama Ramani sold ₹510m worth of shares at a price of ₹747 per share.

Simply Wall St -

8K Miles Software Services Limited (NSE:8KMILES) Earns A Nice Return On Capital Employed

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Do Insiders Own Lots Of Shares In 8K Miles Software Services Limited (NSE:8KMILES)?

Every investor in 8K Miles Software Services Limited (NSE:8KMILES) should be aware of the most powerful shareholder groups. … With a market capitalization of ₹5.3b, 8K Miles Software Services is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for 8K Miles Software Services

Simply Wall St -

Is 8K Miles Software Services Limited's (NSE:8KMILES) 32.18% ROE Strong Compared To Its Industry?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … 8K Miles Software Services Limited (NSE:8KMILES) delivered an ROE of 32.18% over the past 12 months, which is an impressive feat relative to its industry average of 11.52% during the same period. … View our latest analysis for 8K Miles Software Services

Simply Wall St -

Should You Be Tempted To Sell 8K Miles Software Services Limited (NSE:8KMILES) At Its Current PE Ratio?

which is -332.5796669347404 lower than 20.41x average multiple of the Software. … This is because there are many company-specific factors like future prospects and capital structure, which are unaccounted for … To resolve this problem, I’ll identify some important factors to consider when judging the relative valuation of

Simply Wall St -

Is 8K Miles Software Services Limited's (NSE:8KMILES) PE Ratio A Signal To Buy For Investors?

I am writing today to help inform people who are new to the stock market. … and want to begin learning the link between 8K Miles Software Services Limited (NSE:8KMILES)’s fundamentals and stock market performance. … 8K Miles Software Services Limited (NSE:8KMILES) is trading with a trailing P/E of 10.1x, which is lower than the industry average of 20.8x.

Simply Wall St -

8KMILES Company Info

Description

8K Miles Software Services Limited provides information and technology services in the United States, India, the Middle East, and North Africa. The company’s solutions include CloudEz, a cloud transformation and management platform that helps enterprises in managing public and private clouds, as well as in achieving a hybrid cloud strategy; EzIAM, an user life cycle management platform; CloudEzSecure, a cloud framework that provides security, which surpasses stringent security regulations; CloudEzRX, a life cycle management platform; and Automaton, a cloud platform to manage security, compliance, and routine operations on cloud continuously with assisted auto remediation. Its solutions also comprise CloudEzTry, a demo/test environment automation platform built for setting up demo environment for software products on various clouds; CloudEzCRO, a software-as-a-service that automates various aspects of a CRO’s operations from proposal management to invoicing; Cloud-ID broker, a secure service that manages the identities from disparate applications; and multi-domain identity services platform, an on-demand platform that extends the capabilities of existing identity management, SSO, and legacy services; and Cassandra-as-a-Service, a combination of integrated consulting and operations to enhance agility. In addition, the company provides cloud migration advisory and implementation, DevOps and ongoing upgrading, managed, big data and analytics, and digital transformation and maintenance services, as well as cloud solutions for business issues and infrastructure management; and UX and UI mobility, and identity access management services. 8K Miles Software Services Limited serves healthcare, life science, finance, and other verticals. The company was formerly known as P.M. Strips Limited and changed its name to 8K Miles Software Services Limited in October 2010. 8K Miles Software Services Limited was incorporated in 1985 and is based in Chennai, India.

Details
Name: 8K Miles Software Services Limited
8KMILES
Exchange: NSEI
Founded: 1985
₹3,733,828,971
30,517,605
Website: http://www.8kmiles.com
Address: 8K Miles Software Services Limited
Srinivas Towers,
II Floor,
Chennai,
Tamil Nadu, 600018,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 512161 Equity Shares Mumbai Stock Exchange IN INR 29. Jul 2010
NSEI 8KMILES Equity Shares National Stock Exchange of India IN INR 29. Jul 2010
Number of employees
Current staff
Staff numbers
712
8K Miles Software Services employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 12:58
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2018/07/17
Last earnings filing: 2019/02/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.