BIT:NRST

Stock Analysis Report

Neurosoft Software Production

Executive Summary

Neurosoft Software Production S.A., a software company, design, develops, customizes, and maintains integrated software systems in the areas of Fintech, gaming, systems engineering, and cyber security operations in Greece and internationally.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Neurosoft Software Production's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.7%

NRST

0.9%

IT IT

1.4%

IT Market


1 Year Return

-16.1%

NRST

11.7%

IT IT

9.9%

IT Market

Return vs Industry: NRST underperformed the Italian IT industry which returned 11.7% over the past year.

Return vs Market: NRST underperformed the Italian Market which returned 9.9% over the past year.


Shareholder returns

NRSTIndustryMarket
7 Day0.7%0.9%1.4%
30 Day3.8%2.1%-0.8%
90 Day-22.4%-4.5%-1.5%
1 Year-16.1%-16.1%12.6%11.7%14.7%9.9%
3 Year-25.0%-25.0%89.9%85.7%30.7%12.6%
5 Year-9.4%-9.4%164.5%136.1%25.6%-24.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Neurosoft Software Production undervalued compared to its fair value and its price relative to the market?

4.96x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate NRST's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate NRST's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NRST is unprofitable, so we can't compare its PE Ratio to the IT industry average.

PE vs Market: NRST is unprofitable, so we can't compare its PE Ratio to the Italian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NRST is overvalued based on its PB Ratio (5x) compared to the IT IT industry average (3.5x).


Next Steps

Future Growth

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

31.8%

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 Neurosoft Software Production 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 Neurosoft Software Production performed over the past 5 years?

-55.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: NRST is unprofitable, and losses have increased over the past 5 years at a rate of -55.6% per year.

Accelerating Growth: Unable to compare NRST's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NRST is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (10%).


Return on Equity

High ROE: NRST has a negative Return on Equity (-8.06%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: NRST is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: NRST is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Neurosoft Software Production's financial position?


Financial Position Analysis

Short Term Liabilities: NRST's short term assets (€7.3M) exceeds its short term liabilities (€3.9M)

Long Term Liabilities: NRST's short term assets (7.3M) exceeds its long term liabilities (2.6M)


Debt to Equity History and Analysis

Debt Level: NRST's debt to equity ratio (29%) is considered satisfactory

Reducing Debt: NRST's debt to equity ratio has increased from 21.2% to 29% over the past 5 years.

Debt Coverage: NRST's debt is well covered by operating cash flow (83.1%).

Interest Coverage: Insufficient data to determine if NRST's interest payments on its debt are well covered by EBIT.


Balance Sheet

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

Debt Coverage by Assets: NRST's debt is covered by short term assets (assets are 3.590860x debt).


Next Steps

Dividend

What is Neurosoft Software Production's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%4.4%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of Neurosoft Software Production's salary, the management and board of directors tenure and is there insider trading?

5.9yrs

Average board tenure


CEO

Epameinondas Paschalidis (47yo)

0yrs

Tenure

0

Mr. Epameinondas Paschalidis is an Executive Director at Neurosoft Software Production S.A. In 2004 and 2006 he was appointed as Vice President of Kestrel S.A and 5K Enterprises S.A., respectively. In 2007 ...


Board Age and Tenure

5.9yrs

Average Tenure

49yo

Average Age

Experienced Board: NRST's board of directors are considered experienced (5.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Nikos Vasilonikolidakis (54yo)

    Executive Chairman

    • Tenure: 0yrs
  • Epameinondas Paschalidis (47yo)

    CEO & Executive Director

    • Tenure: 0yrs
  • Michalis Amanitis

    Head Accountant

    • Tenure: 0yrs
  • Petros Xarchakos (50yo)

    Executive Director

    • Tenure: 0.8yrs

Board Members

  • Nikos Vasilonikolidakis (54yo)

    Executive Chairman

    • Tenure: 0yrs
  • Epameinondas Paschalidis (47yo)

    CEO & Executive Director

    • Tenure: 0yrs
  • Michele Fusella (45yo)

    Non-Executive Director

    • Tenure: 3.1yrs
  • Evangelos Kollias (49yo)

    Non-Executive Director

    • Tenure: 0yrs
  • Martin Chladek (49yo)

    Non-Executive Director

    • Tenure: 0yrs
  • Yannis Papanicolaou (68yo)

    Independent Non-Executive Director

    • Tenure: 8.8yrs
  • Petros Xarchakos (50yo)

    Executive Director

    • Tenure: 0.8yrs

Company Information

Neurosoft Software Production S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Neurosoft Software Production S.A.
  • Ticker: NRST
  • Exchange: BIT
  • Founded: 1994
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €34.539m
  • Shares outstanding: 25.58m
  • Website: https://www.neurosoft.gr

Number of Employees


Location

  • Neurosoft Software Production S.A.
  • 466 Irakliou Avenuw & Kiprou
  • Iraklio Attikis
  • Athens
  • 141 22
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NRSTBIT (Borsa Italiana)YesOrdinary SharesITEURMay 2009

Biography

Neurosoft Software Production S.A., a software company, design, develops, customizes, and maintains integrated software systems in the areas of Fintech, gaming, systems engineering, and cyber security oper ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 21:07
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.