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Market Cap

€138.5m

Last Updated

2021/05/17 18:32 UTC

Data Sources

Company Financials

Executive Summary

Techedge S.p.A. provides business solutions and services worldwide. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: Insufficient data to determine EDGE's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine EDGE's volatility change over the past year.


Market Performance


7 Day Return

0%

EDGE

3.5%

IT IT

0.3%

IT Market


1 Year Return

28.4%

EDGE

25.0%

IT IT

36.8%

IT Market

Return vs Industry: EDGE exceeded the Italian IT industry which returned 27.2% over the past year.

Return vs Market: EDGE underperformed the Italian Market which returned 39.4% over the past year.


Shareholder returns

EDGEIndustryMarket
7 Day0%3.5%0.3%
30 Day0%4.7%1.1%
90 Day0%0.6%7.1%
1 Year28.4%28.4%25.1%25.0%39.4%36.8%
3 Yearn/a126.7%121.8%10.8%1.3%
5 Yearn/a97.3%78.1%26.7%3.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EDGE (€5.38) is trading below our estimate of fair value (€29.48)

Significantly Below Fair Value: EDGE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EDGE is good value based on its PE Ratio (12.6x) compared to the Italian IT industry average (35.3x).

PE vs Market: EDGE is good value based on its PE Ratio (12.6x) compared to the Italian market (21.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EDGE is good value based on its PB Ratio (1.6x) compared to the IT IT industry average (3.1x).


Future Growth

How is Techedge forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.5%

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 Techedge 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.


Past Performance

How has Techedge performed over the past 5 years?

10.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EDGE has high quality earnings.

Growing Profit Margin: EDGE's current net profit margins (5.3%) are lower than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: EDGE's earnings have grown by 10.2% per year over the past 5 years.

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

Earnings vs Industry: EDGE had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the IT industry average (10.4%).


Return on Equity

High ROE: EDGE's Return on Equity (12.2%) is considered low.


Financial Health

How is Techedge's financial position?


Financial Position Analysis

Short Term Liabilities: EDGE's short term assets (€116.2M) exceed its short term liabilities (€59.1M).

Long Term Liabilities: EDGE's short term assets (€116.2M) exceed its long term liabilities (€29.9M).


Debt to Equity History and Analysis

Debt Level: EDGE's debt to equity ratio (26.6%) is considered satisfactory.

Reducing Debt: EDGE's debt to equity ratio has reduced from 88.2% to 26.6% over the past 5 years.

Debt Coverage: EDGE's debt is well covered by operating cash flow (99.2%).

Interest Coverage: EDGE's interest payments on its debt are well covered by EBIT (41.4x coverage).


Balance Sheet


Dividend

What is Techedge current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate EDGE'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 EDGE's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: EDGE is not paying a notable dividend for the Italian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EDGE's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.


Next Steps

Management

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

4.1yrs

Average management tenure


CEO

Domenico Restuccia

no data

Tenure

€295,657

Compensation

Engineer Domenico Restuccia is Chairman of the Board at Techedge S.p.A. since April 2020. He is a Founder of TechEdge S.P.A. and serves as its Managing Director, Managing Partner and Director. From January...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Domenico's total compensation is reasonable compared to companies of similar size in the Italian market.

Compensation vs Earnings: Insufficient data to compare Domenico's compensation with company performance.


Leadership Team

Experienced Management: EDGE's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: EDGE's board of directors are not considered experienced ( 1.1 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Techedge S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Techedge S.p.A.
  • Ticker: EDGE
  • Exchange: BIT
  • Founded: 2004
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: €138.547m
  • Shares outstanding: 25.75m
  • Website: https://www.techedgegroup.com

Location

  • Techedge S.p.A.
  • Building B2
  • Via Caldera 21
  • Milan
  • Milan
  • 20153
  • Italy

Listings


Biography

Techedge S.p.A. provides business solutions and services worldwide. The company offers SAP S/4HANA, customer relationship management, data intelligence, cloud expedition, industry 4.0, corporate and busine...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/17 18:32
End of Day Share Price2021/03/01 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.