Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
TAS Tecnologia Avanzata dei Sistemi. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
TAS Tecnologia Avanzata dei Sistemi's
is considered below, and whether this is a fair price.
Price based on past earnings
TAS Tecnologia Avanzata dei Sistemi's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 TAS Tecnologia Avanzata dei Sistemi 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
TAS Tecnologia Avanzata dei Sistemi
expected to grow at an
Unable to compare TAS Tecnologia Avanzata dei Sistemi's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare TAS Tecnologia Avanzata dei Sistemi's earnings growth to the Italy market average as no estimate data is available.
Unable to compare TAS Tecnologia Avanzata dei Sistemi's revenue growth to the Italy market average as no estimate data is available.
Unable to determine if TAS Tecnologia Avanzata dei Sistemi is high growth as no earnings estimate data is available.
Unable to determine if TAS Tecnologia Avanzata dei Sistemi is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
TAS Tecnologia Avanzata dei Sistemi's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
TAS Tecnologia Avanzata dei Sistemi
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
TAS Tecnologia Avanzata dei Sistemi's finances.
The net worth of a company is the difference between its assets and liabilities.
TAS Tecnologia Avanzata dei Sistemi is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
TAS Tecnologia Avanzata dei Sistemi's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
TAS Tecnologia Avanzata dei Sistemi's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 3.9x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
TAS Tecnologia Avanzata dei Sistemi's financial health by checking for:
Are short term assets greater than short term liabilities? (1 check)
Are short term assets greater than long term liabilities? (1 check)
Has the debt to equity ratio increased in the past 5 years? (1 check)
Is the debt to equity ratio over 40%? (1 check)
Is the debt covered by operating cash flow? (1 check)
Are earnings greater than 5x the interest on debt (if company pays interest
at all)? (1 check)
TAS Tecnologia Avanzata dei Sistemi
has a total score of
6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
Mr. Valentino Bravi has been the Chief Executive Officer and Managing Director of TAS Tecnologia Avanzata dei Sistemi S.p.A. (Tecnologia Avanzata Dei Sistemi SpA) since April 26, 2017. Mr. Bravi serves as the Chief Executive Officer of Screen Service Broadcasting Technologies S.p.A. He served as General Manager at TAS Group, Deutsche Telekom Italia and Siemens Business Services. He served as Vice Chairman of Retelit S.p.A from July 6, 2016 to February 13, 2018 and served as its Director from January 7, 2015 to February 13, 2018. Mr. Bravi has been a Director of Tecnologia Avanzata Dei Sistemi SpA since January 1, 2017. He serves as an Independent Director of Itway S.p.A.
Valentino's compensation has increased whilst company is loss making.
Valentino's remuneration is higher than average for companies of similar size in Italy.
CEO, MD & Director
Chief Financial Officer
Riccardo De Marsanich
Chief Technology Officer
Director of Legal & Corporate Affairs
Chief Communications Officer
Chief Marketing Officer
Board of Directors Tenure
Average tenure and age of the
TAS Tecnologia Avanzata dei Sistemi
board of directors in years:
The average tenure for the TAS Tecnologia Avanzata dei Sistemi board of directors is less than 3 years, this suggests a new board.
TAS Tecnologia Avanzata dei Sistemi S.p.A. (BIT:TAS): Time For A Financial Health Check
Investors are always looking for growth in small-cap stocks like TAS Tecnologia Avanzata dei Sistemi S.p.A. … However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is
What does TAS Tecnologia Avanzata dei Sistemi SpA's (BIT:TAS) Balance Sheet Tell Us About Its Future?
Investors are always looking for growth in small-cap stocks like TAS Tecnologia Avanzata dei Sistemi SpA (BIT:TAS), with a market cap of €133m. … However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is
What You Must Know About TAS Tecnologia Avanzata dei Sistemi SpA's (BIT:TAS) Financial Strength
Investors are always looking for growth in small-cap stocks like TAS Tecnologia Avanzata dei Sistemi SpA (BIT:TAS), with a market cap of €150.37m. … However, an important fact which most ignore is: how financially healthy is the business?
Should You Be Concerned About TAS Tecnologia Avanzata dei Sistemi Sp.A.'s (BIT:TAS) Investors?
Today, I will be analyzing TAS Tecnologia Avanzata dei Sistemi Sp.A.’s (BIT:TAS) recent ownership structure, an important but not-so-popular subject among individual investors. … See our latest analysis for TAS Tecnologia Avanzata dei Sistemi BIT:TAS Ownership_summary May 14th 18 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … TAS hardly has any institutional ownership, leaving investors little to think about sharp price volatility in the stock that could take place due to institutional trading.
Before You Buy TAS Tecnologia Avanzata dei Sistemi Sp.A.'s (BIT:TAS), Consider This
A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … TAS, with its market capitalisation of €164.57M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … How TAS's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.
Want To Invest In TAS Tecnologia Avanzata dei Sistemi Sp.A. (BIT:TAS)? Here's How It Performed Lately
Check out our latest analysis for TAS Tecnologia Avanzata dei Sistemi How Did TAS's Recent Performance Stack Up Against Its Past? … BIT:TAS Income Statement Apr 4th 18 We can further assess TAS Tecnologia Avanzata dei Sistemi's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the past five years TAS Tecnologia Avanzata dei Sistemi's revenue growth has been relatively muted, with an annual growth rate of 1.70%, on average.
How Financially Strong Is TAS Tecnologia Avanzata dei Sistemi Sp.A. (BIT:TAS)?
On top of this, TAS has generated €342.00K in operating cash flow during the same period of time, leading to an operating cash to total debt ratio of 8.12%, indicating that TAS’s debt is not appropriately covered by operating cash. … In TAS’s case, it is able to generate 0.081x cash from its debt capital. … TAS’s level of debt is appropriate relative to its total equity, at 26.89%.
TAS Tecnologia Avanzata dei Sistemi S.p.A. provides software solutions for electronic money, payments, capital markets, and ERP systems in Italy. It offers TAS cashless 3.0, an end-to-end card payment solution and universal channel management solution for card and token related payments; and EasyBranch, a suite that manages ATM channels. The company also provides TAS Network Gateway, a platform for financial messaging that connects customers to domestic or international interbank network; TAS Network Gateway for Score that helps to make payments and receive cash management information; TAS CBT FINPlatform, a solution that simplifies FIN connectivity through a direct interface for SWIFTNet FIN protocol; and TAS Advanced Monitor, the TAS Network Gateway component, which provides a single window for the monitoring and control of technical aspects linked to correct platform functioning, and of operational aspects related to the management of operations. In addition, it offers solutions for capital markets and treasury activities, including trading, post trade, compliance, treasury, and collateral activities; e-government, banking 4 business, and digital insurance; and ERP and public governance. Further, it provides hosting, cloud, data protection, managed, and engineering services, as well as offers LoanBox, a solution that offers the management of the lifecycle of credit. TAS Tecnologia Avanzata dei Sistemi S.p.A. primarily serves commercial and central banks. The company was incorporated in 1982 and is headquartered in Casalecchio di Reno, Italy. TAS Tecnologia Avanzata dei Sistemi S.p.A. is a subsidiary of OWL S.p.A.
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