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RATE

RateGain Travel Technologies NSEI:RATEGAIN Stock Report

Last Price

₹279.55

Market Cap

₹30.2b

7D

-4.7%

1Y

n/a

Updated

12 Aug, 2022

Data

Company Financials +
RATEGAIN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance3/6
Financial Health4/6
Dividends0/6

RATEGAIN Stock Overview

RateGain Travel Technologies Limited, a Software as a Service (SaaS) company, offers solutions for hospitality and travel industries in India, North America, the Asia-Pacific, Europe, and internationally.

RateGain Travel Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for RateGain Travel Technologies
Historical stock prices
Current Share Price₹279.55
52 Week High₹525.00
52 Week Low₹235.00
Beta0
1 Month Change-8.39%
3 Month Change-9.06%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-17.79%

Recent News & Updates

May 24
The Strong Earnings Posted By RateGain Travel Technologies (NSE:RATEGAIN) Are A Good Indication Of The Strength Of The Business

The Strong Earnings Posted By RateGain Travel Technologies (NSE:RATEGAIN) Are A Good Indication Of The Strength Of The Business

The subdued stock price reaction suggests that RateGain Travel Technologies Limited's ( NSE:RATEGAIN ) strong earnings...

Shareholder Returns

RATEGAININ SoftwareIN Market
7D-4.7%3.7%1.4%
1Yn/a12.4%8.2%

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

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

Price Volatility

Is RATEGAIN's price volatile compared to industry and market?
RATEGAIN volatility
RATEGAIN Average Weekly Movement8.0%
Software Industry Average Movement7.6%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.1%

Stable Share Price: RATEGAIN is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: RATEGAIN's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
2004459Bhanu Choprahttps://www.rategain.com

RateGain Travel Technologies Limited, a Software as a Service (SaaS) company, offers solutions for hospitality and travel industries in India, North America, the Asia-Pacific, Europe, and internationally. The company offers AirGain, an airfare pricing intelligence product for the airlines industry; CarGain, a car rental market intelligence and parity audit product; FerryGain, an AI enabled revenue management product designed specifically for ferries; Optima, a real-time rate intelligence platform; PriceGain; Rate Parity; RezGain, an AI enabled smart distribution channel manager; DHISCO Switch that enables hotels to drive reservations connects the hotel and hospitality chains with demand channels using switch technology; and smart distribution products. It also provides integrated distribution channel management, CRS level connectivity, business intelligence, and content management.

RateGain Travel Technologies Fundamentals Summary

How do RateGain Travel Technologies's earnings and revenue compare to its market cap?
RATEGAIN fundamental statistics
Market Cap₹30.25b
Earnings (TTM)₹182.19m
Revenue (TTM)₹4.11b

166.0x

P/E Ratio

7.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RATEGAIN income statement (TTM)
Revenue₹4.11b
Cost of Revenue₹2.02b
Gross Profit₹2.09b
Other Expenses₹1.91b
Earnings₹182.19m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.68
Gross Margin50.83%
Net Profit Margin4.43%
Debt/Equity Ratio2.9%

How did RATEGAIN perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is RATEGAIN 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

RATEGAIN 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/Revenue6.5x
Enterprise Value/EBITDA60.9x
PEG Ratio2.9x

Price to Sales Ratio vs Peers

How does RATEGAIN's PS Ratio compare to its peers?

RATEGAIN PS Ratio vs Peers
The above table shows the PS ratio for RATEGAIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average11.6x
532348 Subex
6.2xn/a₹20.9b
INFOBEAN InfoBeans Technologies
5.1xn/a₹16.0b
MAPMYINDIA CE Info Systems
32.6x41.4%₹72.4b
532944 OnMobile Global
2.5xn/a₹13.0b
RATEGAIN RateGain Travel Technologies
7.4x24.3%₹30.2b

Price-To-Sales vs Peers: RATEGAIN is good value based on its Price-To-Sales Ratio (7.4x) compared to the peer average (11.6x).


Price to Earnings Ratio vs Industry

How does RATEGAIN's PE Ratio compare vs other companies in the IN Software Industry?

Price-To-Sales vs Industry: RATEGAIN is expensive based on its Price-To-Sales Ratio (7.4x) compared to the Indian Software industry average (3.4x)


Price to Sales Ratio vs Fair Ratio

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

RATEGAIN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio7.4x
Fair PS Ratio4.6x

Price-To-Sales vs Fair Ratio: RATEGAIN is expensive based on its Price-To-Sales Ratio (7.4x) compared to the estimated Fair Price-To-Sales Ratio (4.6x).


Share Price vs Fair Value

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

Below Fair Value: RATEGAIN (₹279.55) is trading above our estimate of fair value (₹209.77)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is RateGain Travel Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


57.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RATEGAIN's forecast earnings growth (57.3% per year) is above the savings rate (6.8%).

Earnings vs Market: RATEGAIN's earnings (57.3% per year) are forecast to grow faster than the Indian market (18.7% per year).

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

Revenue vs Market: RATEGAIN's revenue (24.3% per year) is forecast to grow faster than the Indian market (10.6% per year).

High Growth Revenue: RATEGAIN's revenue (24.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RATEGAIN's Return on Equity is forecast to be low in 3 years time (14.5%).


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Past Performance

How has RateGain Travel Technologies performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


17.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RATEGAIN has high quality earnings.

Growing Profit Margin: RATEGAIN became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: RATEGAIN has become profitable over the past 5 years, growing earnings by 17.3% per year.

Accelerating Growth: RATEGAIN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RATEGAIN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (29.6%).


Return on Equity

High ROE: RATEGAIN's Return on Equity (2.9%) is considered low.


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Financial Health

How is RateGain Travel Technologies's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: RATEGAIN's short term assets (₹5.3B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: RATEGAIN's short term assets (₹5.3B) exceed its long term liabilities (₹323.4M).


Debt to Equity History and Analysis

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

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

Debt Coverage: RATEGAIN's debt is well covered by operating cash flow (93.2%).

Interest Coverage: RATEGAIN's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


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Dividend

What is RateGain Travel Technologies'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

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate RATEGAIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RATEGAIN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RATEGAIN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RATEGAIN's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as RATEGAIN has not reported any payouts.


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Management

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

0.9yrs

Average management tenure


CEO

Bhanu Chopra (46 yo)

18.33yrs

Tenure

₹50,290,000

Compensation

Mr. Bhanu Chopra serves as Managing Director at RateGain Travel Technology Pvt. Ltd. since August 5, 2021 and serves as its Director and Founder since April 2004 and serves as its Executive Chairman.He se...


CEO Compensation Analysis

Compensation vs Market: Bhanu's total compensation ($USD631.84K) is above average for companies of similar size in the Indian market ($USD269.19K).

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


Leadership Team

Experienced Management: RATEGAIN's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: RATEGAIN's board of directors are not considered experienced ( 1.5 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: RATEGAIN only recently listed within the past 12 months.


Top Shareholders

Company Information

RateGain Travel Technologies Limited's employee growth, exchange listings and data sources


Key Information

  • Name: RateGain Travel Technologies Limited
  • Ticker: RATEGAIN
  • Exchange: NSEI
  • Founded: 2004
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: ₹30.247b
  • Shares outstanding: 108.20m
  • Website: https://www.rategain.com

Number of Employees


Location

  • RateGain Travel Technologies Limited
  • Prius Global, Tower A
  • 4th and 5th Floor, Plot No. A-3,4,5
  • Noida
  • Uttar Pradesh
  • 201301
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.