Share Price & News
How has TAS Tecnologia Avanzata dei Sistemi's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TAS's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TAS underperformed the Italian Software industry which returned 2% over the past year.
Return vs Market: TAS exceeded the Italian Market which returned -24.1% over the past year.
Price Volatility Vs. Market
How volatile is TAS Tecnologia Avanzata dei Sistemi's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StTAS Tecnologia Avanzata dei Sistemi S.p.A. (BIT:TAS) Delivered A Weaker ROE Than Its Industry
1 month ago | Simply Wall StIs TAS Tecnologia Avanzata dei Sistemi S.p.A.'s (BIT:TAS) CEO Overpaid Relative To Its Peers?
Is TAS Tecnologia Avanzata dei Sistemi undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TAS (€1.46) is trading below our estimate of fair value (€3.58)
Significantly Below Fair Value: TAS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TAS is poor value based on its PE Ratio (98.8x) compared to the Software industry average (36.8x).
PE vs Market: TAS is poor value based on its PE Ratio (98.8x) compared to the Italian market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TAS is overvalued based on its PB Ratio (5.1x) compared to the IT Software industry average (3.2x).
How is TAS Tecnologia Avanzata dei Sistemi forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 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 SimplyWall St do have past financial data.
- Examine TAS Tecnologia Avanzata dei Sistemi's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- TAS Tecnologia Avanzata dei Sistemi competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has TAS Tecnologia Avanzata dei Sistemi performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TAS has high quality earnings.
Growing Profit Margin: TAS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TAS has become profitable over the past 5 years, growing earnings by 51.6% per year.
Accelerating Growth: TAS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TAS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (-42.7%).
Return on Equity
High ROE: TAS's Return on Equity (4.9%) is considered low.
How is TAS Tecnologia Avanzata dei Sistemi's financial position?
Financial Position Analysis
Short Term Liabilities: TAS's short term assets (€32.7M) exceed its short term liabilities (€23.4M).
Long Term Liabilities: TAS's short term assets (€32.7M) exceed its long term liabilities (€20.8M).
Debt to Equity History and Analysis
Debt Level: TAS's debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: TAS's debt to equity ratio has reduced from 177.5% to 35.9% over the past 5 years.
Inventory Level: TAS has a low level of unsold assets or inventory.
Debt Coverage by Assets: TAS's debt is covered by short term assets (assets are 3.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TAS is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: TAS is profitable, therefore cash runway is not a concern.
What is TAS Tecnologia Avanzata dei Sistemi's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TAS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TAS'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 TAS's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
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 ...
CEO Compensation Analysis
Compensation vs Market: Valentino's total compensation ($USD467.58K) is above average for companies of similar size in the Italian market ($USD358.84K).
Compensation vs Earnings: Valentino's compensation has been consistent with company performance over the past year.
|CEO, MD & Director||no data||€423.81k||no data|
|Independent Non-Executive Director||3.17yrs||€20.00k||no data|
|Lead Independent Director||no data||€25.00k||no data|
|Independent Non-Executive Director||3.17yrs||€24.38k||no data|
|Chairman of the Board of Statutory Auditors||2.92yrs||no data||no data|
|Independent Non-Executive Director||2.92yrs||€24.38k||no data|
|Independent Non-Executive Director||2.92yrs||€25.35k||no data|
|Non-Executive Director||0.67yr||no data||no data|
Experienced Board: TAS's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TAS Tecnologia Avanzata dei Sistemi S.p.A.'s company bio, employee growth, exchange listings and data sources
- Name: TAS Tecnologia Avanzata dei Sistemi S.p.A.
- Ticker: TAS
- Exchange: BIT
- Founded: 1982
- Industry: Application Software
- Sector: Software
- Market Cap: €121.964m
- Shares outstanding: 83.54m
- Website: https://www.tasgroup.it
Number of Employees
- TAS Tecnologia Avanzata dei Sistemi S.p.A.
- Via Cristoforo Colombo 149
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TAS||BIT (Borsa Italiana)||Yes||Ordinary Shares||IT||EUR||May 2000|
|TAQ||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||May 2000|
|0G7L||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||May 2000|
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 TAS Tecnologia Avanzata dei Sistemi S.p.A. primarily serves commercial and central banks. The company was incorporated in 1982 and is headquartered in Rome, Italy. TAS Tecnologia Avanzata dei Sistemi S.p.A. is a subsidiary of OWL S.p.A.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 21:06|
|End of Day Share Price||2020/03/30 00:00|
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.