Newgen Software Technologies Limited, a software company, provides software products and solutions in India, Australia, Europe, the Middle East, Africa, the Asia Pacific, and the United States.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹577.70|
|52 Week High||₹241.00|
|52 Week Low||₹755.00|
|1 Month Change||-2.25%|
|3 Month Change||-2.99%|
|1 Year Change||126.91%|
|3 Year Change||133.56%|
|5 Year Change||n/a|
|Change since IPO||128.88%|
Recent News & Updates
It Looks Like Shareholders Would Probably Approve Newgen Software Technologies Limited's (NSE:NEWGEN) CEO Compensation Package
The performance at Newgen Software Technologies Limited ( NSE:NEWGEN ) has been quite strong recently and CEO Diwakar...
|NEWGEN||IN Software||IN Market|
Return vs Industry: NEWGEN exceeded the Indian Software industry which returned 117.7% over the past year.
Return vs Market: NEWGEN exceeded the Indian Market which returned 62.5% over the past year.
Stable Share Price: NEWGEN is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NEWGEN's weekly volatility (5%) has been stable over the past year.
About the Company
Newgen Software Technologies Limited, a software company, provides software products and solutions in India, Australia, Europe, the Middle East, Africa, the Asia Pacific, and the United States. The company offers enterprise content management software, which manages the end-to-end lifecycle of enterprise content, from origination to disposition; business process management software to streamline enterprise-wide workflows with process automation suite; and customer communication management software delivers communications by tapping various cross-sell/up-sell opportunities across touch points, such as email, SMS, web, and print. It serves various industries, which include financial institutions, insurance, healthcare, government, telecom, shared services, business process outsourcing, and other industries.
Newgen Software Technologies Fundamentals Summary
|NEWGEN fundamental statistics|
Is NEWGEN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NEWGEN income statement (TTM)|
|Cost of Revenue||₹3.72b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||21.23|
|Net Profit Margin||20.14%|
How did NEWGEN perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Is Newgen Software Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NEWGEN (₹577.7) is trading above our estimate of fair value (₹373.44)
Significantly Below Fair Value: NEWGEN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NEWGEN is good value based on its PE Ratio (27.7x) compared to the Indian Software industry average (29.3x).
PE vs Market: NEWGEN is poor value based on its PE Ratio (27.7x) compared to the Indian market (21x).
Price to Earnings Growth Ratio
PEG Ratio: NEWGEN is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: NEWGEN is overvalued based on its PB Ratio (5.8x) compared to the IN Software industry average (2x).
How is Newgen Software Technologies forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEWGEN's forecast earnings growth (20% per year) is above the savings rate (6.7%).
Earnings vs Market: NEWGEN's earnings (20% per year) are forecast to grow faster than the Indian market (19.1% per year).
High Growth Earnings: NEWGEN's earnings are forecast to grow, but not significantly.
Revenue vs Market: NEWGEN's revenue (21.7% per year) is forecast to grow faster than the Indian market (12.6% per year).
High Growth Revenue: NEWGEN's revenue (21.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NEWGEN's Return on Equity is forecast to be high in 3 years time (21.5%)
How has Newgen Software Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NEWGEN has high quality earnings.
Growing Profit Margin: NEWGEN's current net profit margins (20.1%) are higher than last year (15.7%).
Past Earnings Growth Analysis
Earnings Trend: NEWGEN's earnings have grown by 16.5% per year over the past 5 years.
Accelerating Growth: NEWGEN's earnings growth over the past year (41.8%) exceeds its 5-year average (16.5% per year).
Earnings vs Industry: NEWGEN earnings growth over the past year (41.8%) underperformed the Software industry 47.5%.
Return on Equity
High ROE: NEWGEN's Return on Equity (21%) is considered high.
How is Newgen Software Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: NEWGEN's short term assets (₹6.5B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: NEWGEN's short term assets (₹6.5B) exceed its long term liabilities (₹480.9M).
Debt to Equity History and Analysis
Debt Level: NEWGEN is debt free.
Reducing Debt: NEWGEN has no debt compared to 5 years ago when its debt to equity ratio was 27.2%.
Debt Coverage: NEWGEN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NEWGEN has no debt, therefore coverage of interest payments is not a concern.
What is Newgen Software Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NEWGEN's dividend (0.59%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: NEWGEN's dividend (0.59%) is low compared to the top 25% of dividend payers in the Indian market (1.4%).
Stability and Growth of Payments
Stable Dividend: NEWGEN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NEWGEN's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.5%), NEWGEN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NEWGEN's dividends in 3 years are forecast to be well covered by earnings (19.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Virender Jeet (52 yo)
Mr. Virender Jeet has been a Chief Executive Officer at Newgen Software Technologies Ltd. since September 01, 2021 and served as its Senior Vice-President of Sales & Marketing of Products since October 05,...
Experienced Management: NEWGEN's management team is considered experienced (4 years average tenure).
Experienced Board: NEWGEN's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NEWGEN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Newgen Software Technologies Limited's employee growth, exchange listings and data sources
- Name: Newgen Software Technologies Limited
- Ticker: NEWGEN
- Exchange: NSEI
- Founded: 1992
- Industry: Systems Software
- Sector: Software
- Market Cap: ₹40.007b
- Shares outstanding: 69.31m
- Website: https://www.newgensoft.com
Number of Employees
- Newgen Software Technologies Limited
- A-6, Satsang Vihar Marg
- Qutab Institutional Area
- New Delhi
- 110 067
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/27 15:48|
|End of Day Share Price||2021/10/27 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.