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OFTC

Offtec Holding Group Company (P.L.C.) ASE:OFTC Stock Report

Last Price

د.أ0.29

Market Cap

د.أ11.5m

7D

0%

1Y

-9.4%

Updated

09 Aug, 2022

Data

Company Financials
OFTC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

OFTC Stock Overview

Offtec Holding Group Company (P.L.C.) provides business technology, leasing, and loyalty services to banking, education, and public and private sectors in Jordan, Palestine, Sudan, and Iraq.

Offtec Holding Group Company (P.L.C.) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Offtec Holding Group Company (P.L.C.)
Historical stock prices
Current Share Priceد.أ0.29
52 Week Highد.أ0.33
52 Week Lowد.أ0.23
Beta0.032
1 Month Change-3.33%
3 Month Change7.41%
1 Year Change-9.38%
3 Year Change-29.27%
5 Year Change-38.30%
Change since IPO-89.18%

Recent News & Updates

Shareholder Returns

OFTCJO ITJO Market
7D0%2.6%-2.7%
1Y-9.4%-5.6%23.6%

Return vs Industry: OFTC underperformed the JO IT industry which returned -5.6% over the past year.

Return vs Market: OFTC underperformed the JO Market which returned 23.6% over the past year.

Price Volatility

Is OFTC's price volatile compared to industry and market?
OFTC volatility
OFTC Average Weekly Movement6.5%
IT Industry Average Movement5.8%
Market Average Movement4.8%
10% most volatile stocks in JO Market7.1%
10% least volatile stocks in JO Market2.5%

Stable Share Price: OFTC is more volatile than 75% of JO stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: OFTC's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of JO stocks.

About the Company

FoundedEmployeesCEOWebsite
1910405Basim Saidhttps://www.offtec.com

Offtec Holding Group Company (P.L.C.) provides business technology, leasing, and loyalty services to banking, education, and public and private sectors in Jordan, Palestine, Sudan, and Iraq. It offers teller cash recyclers, teller safes, check printing systems and scanners, check sorting solutions, and ATMs, as well as banknote counting and detecting, banknote sorting and strapping, and coin counting and sorting machines. The company provides office technology solutions, such digital copiers, printers, document filing and storage solutions, time and attendance systems, queuing systems, document shredders and scanners, manual time recorders, and franking machines, as well as inserting, folding, and mailing solutions.

Offtec Holding Group Company (P.L.C.) Fundamentals Summary

How do Offtec Holding Group Company (P.L.C.)'s earnings and revenue compare to its market cap?
OFTC fundamental statistics
Market Capد.أ11.48m
Earnings (TTM)د.أ310.62k
Revenue (TTM)د.أ26.48m

37.0x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OFTC income statement (TTM)
Revenueد.أ26.48m
Cost of Revenueد.أ19.11m
Gross Profitد.أ7.37m
Other Expensesد.أ7.06m
Earningsد.أ310.62k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0078
Gross Margin27.84%
Net Profit Margin1.17%
Debt/Equity Ratio47.9%

How did OFTC perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is OFTC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OFTC?

Other financial metrics that can be useful for relative valuation.

OFTC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA8.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does OFTC's PE Ratio compare to its peers?

OFTC PE Ratio vs Peers
The above table shows the PE ratio for OFTC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average46.1x
CEBC Al-Faris National Company for Investment & Export
17.1xn/aد.أ12.2m
3986 bBreak Systems Company
16xn/aJP¥2.2b
NRST Neurosoft Software Production
18.1xn/a€16.2m
GSTL Globesecure Technologies
132.6xn/a₹1.3b
OFTC Offtec Holding Group Company (P.L.C.)
37xn/aد.أ11.5m

Price-To-Earnings vs Peers: OFTC is good value based on its Price-To-Earnings Ratio (37x) compared to the peer average (46.1x).


Price to Earnings Ratio vs Industry

How does OFTC's PE Ratio compare vs other companies in the Asian IT Industry?

Price-To-Earnings vs Industry: OFTC is expensive based on its Price-To-Earnings Ratio (37x) compared to the Asian IT industry average (22x)


Price to Earnings Ratio vs Fair Ratio

What is OFTC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OFTC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate OFTC's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of OFTC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: OFTC (JOD0.29) is trading below our estimate of fair value (JOD0.3)

Significantly Below Fair Value: OFTC is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Offtec Holding Group Company (P.L.C.) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.6%

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 Offtec Holding Group Company (P.L.C.) 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.


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Past Performance

How has Offtec Holding Group Company (P.L.C.) performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-40.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OFTC has high quality earnings.

Growing Profit Margin: OFTC's current net profit margins (1.2%) are lower than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: OFTC's earnings have declined by 40% per year over the past 5 years.

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

Earnings vs Industry: OFTC had negative earnings growth (-58.1%) over the past year, making it difficult to compare to the IT industry average (19.1%).


Return on Equity

High ROE: OFTC's Return on Equity (1.8%) is considered low.


Discover strong past performing companies

Financial Health

How is Offtec Holding Group Company (P.L.C.)'s financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: OFTC's short term assets (JOD20.9M) exceed its short term liabilities (JOD14.5M).

Long Term Liabilities: OFTC's short term assets (JOD20.9M) exceed its long term liabilities (JOD4.0M).


Debt to Equity History and Analysis

Debt Level: OFTC's net debt to equity ratio (32.2%) is considered satisfactory.

Reducing Debt: OFTC's debt to equity ratio has increased from 13.4% to 47.9% over the past 5 years.

Debt Coverage: OFTC's debt is well covered by operating cash flow (25.2%).

Interest Coverage: OFTC's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


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Dividend

What is Offtec Holding Group Company (P.L.C.) current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as OFTC has not reported any payouts.


Discover strong dividend paying companies

Management

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

د.أ93k

CEO Compensation


CEO

Basim Said (60 yo)

no data

Tenure

د.أ92,510

Compensation

Mr. Basim Suhail Albert Bulos Said serves as Managing Director and Executive Director at Offtec Holding Group PLC. Mr. Said served as a General Manager of Jordan Scientific Library and Offtec Office System...


CEO Compensation Analysis

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

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


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

Offtec Holding Group Company (P.L.C.)'s employee growth, exchange listings and data sources


Key Information

  • Name: Offtec Holding Group Company (P.L.C.)
  • Ticker: OFTC
  • Exchange: ASE
  • Founded: 1910
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Implied Market Cap: د.أ11.475m
  • Shares outstanding: 39.57m
  • Website: https://www.offtec.com

Number of Employees


Location

  • Offtec Holding Group Company (P.L.C.)
  • Third Circle
  • 12 Queen Misbah Street
  • Amman
  • 11118
  • Jordan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/09 00:00
End of Day Share Price2022/08/08 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.