Executive Summary
Techedge S.p.A. provides business solutions and services worldwide. More Details
Rewards
Risk Analysis
No risks detected for EDGE from our risk checks.
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: EDGE is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: EDGE's weekly volatility (1%) has been stable over the past year.
Market Performance
7 Day Return
-0.4%
EDGE
-4.9%
IT IT
-0.8%
IT Market
1 Year Return
8.2%
EDGE
11.7%
IT IT
-0.8%
IT Market
Return vs Industry: EDGE underperformed the Italian IT industry which returned 11% over the past year.
Return vs Market: EDGE exceeded the Italian Market which returned -3.3% over the past year.
Shareholder returns
| EDGE | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | -4.9% | -0.8% |
| 30 Day | 0% | 0.8% | 5.6% |
| 90 Day | 0% | -3.4% | 2.1% |
| 1 Year | 8.2%8.2% | 12.0%11.7% | 2.0%-0.8% |
| 3 Year | n/a | 100.3%95.4% | 6.4%-4.1% |
| 5 Year | n/a | 103.0%83.3% | 11.2%-11.6% |
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
3 months ago | Simply Wall St
Techedge (BIT:EDGE) Seems To Use Debt Rather Sparingly5 months ago | Simply Wall St
Will Techedge (BIT:EDGE) Multiply In Value Going Forward?7 months ago | Simply Wall St
Is Techedge S.p.A.'s (BIT:EDGE) Stock's Recent Performance A Reflection Of Its Financial Health?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 (€22.64)
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 IT IT industry average (27.2x).
PE vs Market: EDGE is good value based on its PE Ratio (12.6x) compared to the Italian market (20.8x).
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 (2.2x).
Next Steps
Future Growth
How is Techedge forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.8%
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 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.
Next Steps
- Examine whether Techedge is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Techedge competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
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 (27%).
Return on Equity
High ROE: EDGE's Return on Equity (12.2%) is considered low.
Next Steps
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
Next Steps
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?
3.8yrs
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: Domenico's total compensation ($USD0.00) is below average for companies of similar size in the Italian market ($USD541.45K).
Compensation vs Earnings: Insufficient data to compare Domenico's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | no data | €295.66k | no data | |
| CFO, Partner & Director | no data | €2.63m | 0.0020% € 2.8k | |
| Partner of Brazil & Director | no data | €150.00k | 0.00039% € 540.3 | |
| Partner of Operations LATAM & Director | no data | €310.00k | no data | |
| Co-Founder | no data | no data | 3.54% € 4.9m | |
| Co-Founder | no data | no data | 1.23% € 1.7m | |
| Managing Director of Mexico | 3.83yrs | no data | no data | |
| Managing Director of Portugal | 4.92yrs | no data | no data | |
| no data | no data | 4.82% € 6.7m | ||
| Partner of Germany Operations | no data | no data | no data | |
| Partner & Industrial & Services Sector Director | 3.75yrs | no data | 0.00038% € 526.5 | |
| Partner of Energy & Utilities Sector | no data | no data | no data |
3.8yrs
Average Tenure
Experienced Management: EDGE's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | no data | €295.66k | no data | |
| CFO, Partner & Director | no data | €2.63m | 0.0020% € 2.8k | |
| Partner of Brazil & Director | no data | €150.00k | 0.00039% € 540.3 | |
| Partner of Operations LATAM & Director | no data | €310.00k | no data | |
| Director | 0.83yr | no data | no data | |
| Independent Director | no data | €1.86k | no data | |
| Director | 3.58yrs | €42.17k | no data | |
| Independent Director | no data | €9.24k | no data | |
| Independent Director | no data | €2.00k | no data | |
| Chairman of Board of Statutory Auditors | no data | no data | no data | |
| Statutory Auditor | no data | no data | no data | |
| Statutory Auditor | no data | no data | no data |
0.8yrs
Average Tenure
Experienced Board: EDGE's board of directors are not considered experienced ( 0.8 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: 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 5TE | DB (Deutsche Boerse AG) | Yes | Share Capital | DE | EUR | Dec 2018 |
| EDGE | BIT (Borsa Italiana) | Yes | Share Capital | IT | EUR | Dec 2018 |
| 5TE | MUN (Boerse Muenchen) | Yes | Share Capital | DE | EUR | Dec 2018 |
| EDGEM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Share Capital | GB | EUR | Dec 2018 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/26 19:30 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.