CE Info Systems (NSEI:MAPMYINDIA) - Share price, News & Analysis

MAPMYINDIA fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	6/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

MAPMYINDIA Stock Overview

CE Info Systems Ltd., a data and technology products and platforms company, provides digital mapping, geospatial software, and location-based Internet of Things technology solutions in India.

Rewards

Earnings are forecast to grow 36.92% per year

Earnings grew by 46.4% over the past year

Risk Analysis

High level of non-cash earnings

CE Info Systems Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CE Info Systems
Historical stock prices
Current Share Price	₹1,308.55
52 Week High	₹1,917.40
52 Week Low	₹1,128.80
Beta	0
1 Month Change	3.46%
3 Month Change	-14.57%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-6.11%

Recent News & Updates

May 28

Investors Shouldn't Be Too Comfortable With CE Info Systems' (NSE:MAPMYINDIA) Robust Earnings

CE Info Systems Ltd. ( NSE:MAPMYINDIA ) announced strong profits, but the stock was stagnant. Our analysis suggests...

May 12

Some Confidence Is Lacking In CE Info Systems Ltd. (NSE:MAPMYINDIA) As Shares Slide 29%

CE Info Systems Ltd. ( NSE:MAPMYINDIA ) shares have had a horrible month, losing 29% after a relatively good period...

Shareholder Returns

	MAPMYINDIA	IN Software	IN Market
7D	4.4%	1.9%	2.3%
1Y	n/a	13.1%	-0.9%

Return vs Industry: Insufficient data to determine how MAPMYINDIA performed against the Indian Software industry.

Return vs Market: Insufficient data to determine how MAPMYINDIA performed against the Indian Market.

Price Volatility

Is MAPMYINDIA's price volatile compared to industry and market?
MAPMYINDIA volatility
MAPMYINDIA Average Weekly Movement	6.4%
Software Industry Average Movement	8.3%
Market Average Movement	6.9%
10% most volatile stocks in IN Market	9.9%
10% least volatile stocks in IN Market	4.5%

Stable Share Price: MAPMYINDIA is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MAPMYINDIA's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1992	410	Rohan Verma	https://www.mapmyindia.com

CE Info Systems Ltd., a data and technology products and platforms company, provides digital mapping, geospatial software, and location-based Internet of Things technology solutions in India. The company also offers fleet management and field work automation related products. In addition, the company provides location-based consumer apps and IoT gadgets, developer GIS and analytics APIs and SDKs products, navigation and mobility, and drone services as well as automotive and mobility tech solutions suite and location-powered enterprise digital transformation solutions.

CE Info Systems Fundamentals Summary

How do CE Info Systems's earnings and revenue compare to its market cap?
MAPMYINDIA fundamental statistics
Market Cap	₹69.67b
Earnings (TTM)	₹870.22m
Revenue (TTM)	₹2.00b

80.1x

P/E Ratio

34.8x

P/S Ratio

Is MAPMYINDIA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAPMYINDIA income statement (TTM)
Revenue	₹2.00b
Cost of Revenue	₹761.38m
Gross Profit	₹1.24b
Other Expenses	₹372.81m
Earnings	₹870.22m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	16.34
Gross Margin	62.01%
Net Profit Margin	43.42%
Debt/Equity Ratio	0.2%

How did MAPMYINDIA perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

12%

Payout Ratio

We’ve recently updated our valuation analysis.

Valuation

Is MAPMYINDIA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MAPMYINDIA?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for MAPMYINDIA. This is calculated by dividing MAPMYINDIA's market cap by their current preferred multiple.
What is MAPMYINDIA's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	₹69.67b

MAPMYINDIA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	33.9x
Enterprise Value/EBITDA	78.9x
PEG Ratio	2.2x

Price to Earnings Ratio vs Peers

How does MAPMYINDIA's PE Ratio compare to its peers?

MAPMYINDIA PE Ratio vs Peers

The above table shows the PE ratio for MAPMYINDIA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	105x

Forward PE

Price-To-Earnings vs Peers: MAPMYINDIA is good value based on its Price-To-Earnings Ratio (80.1x) compared to the peer average (105x).

Price to Earnings Ratio vs Industry

How does MAPMYINDIA's PE Ratio compare vs other companies in the Indian Software Industry?

Price-To-Earnings vs Industry: MAPMYINDIA is expensive based on its Price-To-Earnings Ratio (80.1x) compared to the Indian Software industry average (25.7x)

Price to Earnings Ratio vs Fair Ratio

What is MAPMYINDIA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MAPMYINDIA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	80.1x
Fair PE Ratio	38.3x

Price-To-Earnings vs Fair Ratio: MAPMYINDIA is expensive based on its Price-To-Earnings Ratio (80.1x) compared to the estimated Fair Price-To-Earnings Ratio (38.3x).

Share Price vs Fair Value

What is the Fair Price of MAPMYINDIA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MAPMYINDIA (₹1308.55) is trading above our estimate of fair value (₹204.64)

Significantly Below Fair Value: MAPMYINDIA is trading above our estimate of fair value.

Price to Earnings Growth Ratio

PEG Ratio: MAPMYINDIA is poor value based on its PEG Ratio (2.2x)

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Future Growth

How is CE Info Systems forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

6/6

Future Growth Score 6/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

36.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAPMYINDIA's forecast earnings growth (36.9% per year) is above the savings rate (6.7%).

Earnings vs Market: MAPMYINDIA's earnings (36.9% per year) are forecast to grow faster than the Indian market (17.5% per year).

High Growth Earnings: MAPMYINDIA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MAPMYINDIA's revenue (41.1% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: MAPMYINDIA's revenue (41.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MAPMYINDIA's Return on Equity is forecast to be high in 3 years time (27.9%)

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Past Performance

How has CE Info Systems performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

46.4%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: MAPMYINDIA has a high level of non-cash earnings.

Growing Profit Margin: MAPMYINDIA's current net profit margins (43.4%) are higher than last year (39%).

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if MAPMYINDIA's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare MAPMYINDIA's past year earnings growth to its 5-year average.

Earnings vs Industry: MAPMYINDIA earnings growth over the past year (46.4%) exceeded the Software industry 32.8%.

Return on Equity

High ROE: MAPMYINDIA's Return on Equity (19.5%) is considered low.

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Financial Health

How is CE Info Systems's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: MAPMYINDIA's short term assets (₹2.7B) exceed its short term liabilities (₹534.4M).

Long Term Liabilities: MAPMYINDIA's short term assets (₹2.7B) exceed its long term liabilities (₹173.0M).

Debt to Equity History and Analysis

Debt Level: MAPMYINDIA has more cash than its total debt.

Reducing Debt: Insufficient data to determine if MAPMYINDIA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MAPMYINDIA's debt is well covered by operating cash flow (2876%).

Interest Coverage: MAPMYINDIA's interest payments on its debt are well covered by EBIT (36.1x coverage).

Balance Sheet

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Dividend

What is CE Info Systems's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.15%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MAPMYINDIA's dividend (0.15%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: MAPMYINDIA's dividend (0.15%) is low compared to the top 25% of dividend payers in the Indian market (1.9%).

Stability and Growth of Payments

Stable Dividend: MAPMYINDIA is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: MAPMYINDIA is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.

Earnings Payout to Shareholders

Earnings Coverage: MAPMYINDIA is not paying a notable dividend for the Indian market.

Cash Payout to Shareholders

Cash Flow Coverage: MAPMYINDIA is not paying a notable dividend for the Indian market.

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Management

How experienced are the management team and are they aligned to shareholders interests?

16.4yrs

Average management tenure

CEO

Rohan Verma (36 yo)

2.33yrs

Tenure

₹33,000,000

Compensation

Mr. Rohan Verma is the Chief Executive Officer at C.E. Info Systems Limited since February 2020. Mr. Verma serves as Non-Executive Independent Director of Cholamandalam Investment and Finance Company Ltd....

Leadership Team

Experienced Management: MAPMYINDIA's management team is seasoned and experienced (16.4 years average tenure).

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: MAPMYINDIA only recently listed within the past 12 months.

Data	Last Updated (UTC time)
Company Analysis	2022/06/24 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31