NSEI:ONMOBILE

Stock Analysis Report

Executive Summary

OnMobile Global Limited provides telecom value added services in India and internationally.


Snowflake Analysis

Flawless balance sheet unattractive dividend payer.


Similar Companies

Share Price & News

How has OnMobile Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ONMOBILE's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.7%

ONMOBILE

-3.8%

IN Software

-3.0%

IN Market


1 Year Return

-63.8%

ONMOBILE

-51.4%

IN Software

-29.2%

IN Market

Return vs Industry: ONMOBILE underperformed the Indian Software industry which returned -51.4% over the past year.

Return vs Market: ONMOBILE underperformed the Indian Market which returned -29.2% over the past year.


Shareholder returns

ONMOBILEIndustryMarket
7 Day1.7%-3.8%-3.0%
30 Day-40.0%-38.6%-26.9%
90 Day-49.3%-38.1%-28.5%
1 Year-61.9%-63.8%-50.5%-51.4%-27.7%-29.2%
3 Year-81.3%-83.2%-48.7%-53.2%-15.2%-19.9%
5 Year-76.7%-79.8%-39.4%-48.3%-3.1%-8.1%

Price Volatility Vs. Market

How volatile is OnMobile Global's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is OnMobile Global undervalued compared to its fair value and its price relative to the market?

13.51x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ONMOBILE (₹15.15) is trading above our estimate of fair value (₹9.74)

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


Price To Earnings Ratio

PE vs Industry: ONMOBILE is poor value based on its PE Ratio (13.5x) compared to the Software industry average (7x).

PE vs Market: ONMOBILE is poor value based on its PE Ratio (13.5x) compared to the Indian market (9.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ONMOBILE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ONMOBILE is good value based on its PB Ratio (0.3x) compared to the IN Software industry average (0.6x).


Next Steps

Future Growth

How is OnMobile Global 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 OnMobile Global 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

Past Performance

How has OnMobile Global performed over the past 5 years?

75.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ONMOBILE has a large one-off gain of ₹50.4M impacting its December 31 2019 financial results.

Growing Profit Margin: ONMOBILE's current net profit margins (2.1%) are lower than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: ONMOBILE has become profitable over the past 5 years, growing earnings by 75.9% per year.

Accelerating Growth: ONMOBILE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ONMOBILE had negative earnings growth (-43.2%) over the past year, making it difficult to compare to the Software industry average (-4%).


Return on Equity

High ROE: ONMOBILE's Return on Equity (2.2%) is considered low.


Next Steps

Financial Health

How is OnMobile Global's financial position?


Financial Position Analysis

Short Term Liabilities: ONMOBILE's short term assets (₹5.8B) exceed its short term liabilities (₹3.1B).

Long Term Liabilities: ONMOBILE's short term assets (₹5.8B) exceed its long term liabilities (₹445.0M).


Debt to Equity History and Analysis

Debt Level: ONMOBILE's debt to equity ratio (3%) is considered satisfactory.

Reducing Debt: ONMOBILE's debt to equity ratio has reduced from 9.8% to 3% over the past 5 years.


Balance Sheet

Inventory Level: ONMOBILE has a low level of unsold assets or inventory.

Debt Coverage by Assets: ONMOBILE's debt is covered by short term assets (assets are 35.1x 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: ONMOBILE is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if ONMOBILE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is OnMobile Global's current dividend yield, its reliability and sustainability?

9.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ONMOBILE's dividend (9.84%) is higher than the bottom 25% of dividend payers in the Indian market (0.95%).

High Dividend: ONMOBILE's dividend (9.84%) is in the top 25% of dividend payers in the Indian market (4.18%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ONMOBILE has been paying a dividend for less than 10 years.

Growing Dividend: ONMOBILE's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (132.9%), ONMOBILE's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

François-Charles Sirois (44yo)

3s

Tenure

₹5,525,000

Compensation

Mr. François-Charles Sirois serves as the President and Chief Executive Officer of Telesystem Ltd. He serves as an Executive Chairman at OnMobile Global Limited from November 1, 2014 and has been its Execu ...


CEO Compensation Analysis

Compensation vs Market: François-Charles's total compensation ($USD73.30K) is above average for companies of similar size in the Indian market ($USD48.50K).

Compensation vs Earnings: François-Charles's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
François-Charles Sirois
Executive Chairman & CEO3yrs₹5.53mno data
Sanjay Bhambri
President & COO1.17yrsno datano data
Ganesh Murthy
Chief Financial Officer2yrs₹14.45mno data
P. Varaprasad
Compliance Officer & Company Secretary9.25yrs₹3.76m0.000030% 483.6
Frederic Lavoie
Senior Vice President of Corporate Development2.83yrsno datano data
Vito Savino
Director of Salesno datano datano data
Biswajit Nandi
Vice President of Africa & Middle Eastno datano datano data
Geo Rajan
Director of Products - Games & Videono datano datano data
Vikas Goel
Director of Delivery & Operations - Europeno datano datano data
Shwetank Tamer
Director of Delivery & Presales - Western Marketno datano datano data

2.8yrs

Average Tenure

43.5yo

Average Age

Experienced Management: ONMOBILE's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
François-Charles Sirois
Executive Chairman & CEO3yrs₹5.53mno data
Nancy Cruickshank
Independent Non-Executive Additional Director5.67yrs₹3.25mno data
Sanjay Kapoor
Independent Director2.75yrs₹3.25m0.12% 1.9m
Chris Arsenault
Independent Director2.83yrs₹3.25mno data
Sanjay Baweja
Independent Non Executive Additional Director4.83yrs₹3.25m0.28% 4.6m
Gianluca D'Agostino
Former Additional Director1.67yrs₹2.89mno data
Rajiv Khaitan
Independent Director7.83yrs₹3.25mno data

4.8yrs

Average Tenure

53.5yo

Average Age

Experienced Board: ONMOBILE's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ONMOBILE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

OnMobile Global Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: OnMobile Global Limited
  • Ticker: ONMOBILE
  • Exchange: NSEI
  • Founded: 2000
  • Industry: Application Software
  • Sector: Software
  • Market Cap: ₹1.612b
  • Shares outstanding: 105.70m
  • Website: https://www.onmobile.com

Number of Employees


Location

  • OnMobile Global Limited
  • Tower # 1 94/1 C & 94/2
  • Veerasandra Village
  • Bengaluru
  • Karnataka
  • 560100
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532944BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2008
ONMOBILENSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2008

Biography

OnMobile Global Limited provides telecom value added services in India and internationally. It offers apps and services under the ONMO brand name; and carrier services, such as ring back tones, sports, videos, contests, and games, as well as other infotainment services. The company was formerly known as OnMobile Asia Pacific Private limited and changed its name to OnMobile Global Limited in August 2007. OnMobile Global Limited was founded in 2000 and is headquartered in Bengaluru, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 13:23
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.