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
|Historical stock prices|
|Current Share Price||د.أ0.29|
|52 Week High||د.أ0.33|
|52 Week Low||د.أ0.23|
|1 Month Change||-3.33%|
|3 Month Change||7.41%|
|1 Year Change||-9.38%|
|3 Year Change||-29.27%|
|5 Year Change||-38.30%|
|Change since IPO||-89.18%|
Recent News & Updates
|OFTC||JO IT||JO Market|
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.
|OFTC Average Weekly Movement||6.5%|
|IT Industry Average Movement||5.8%|
|Market Average Movement||4.8%|
|10% most volatile stocks in JO Market||7.1%|
|10% least volatile stocks in JO Market||2.5%|
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
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
|OFTC fundamental statistics|
Is OFTC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OFTC income statement (TTM)|
|Cost of Revenue||د.أ19.11m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0078|
|Net Profit Margin||1.17%|
How did OFTC perform over the long term?See historical performance and comparison
Is OFTC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
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.
|What is OFTC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does OFTC's PE Ratio compare to its peers?
|OFTC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
CEBC Al-Faris National Company for Investment & Export
3986 bBreak Systems Company
NRST Neurosoft Software Production
GSTL Globesecure Technologies
OFTC Offtec Holding Group Company (P.L.C.)
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.
|Current PE Ratio||37x|
|Fair PE Ratio||n/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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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 Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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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- Examine Offtec Holding Group Company (P.L.C.)'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.
How has Offtec Holding Group Company (P.L.C.) performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
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.
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How is Offtec Holding Group Company (P.L.C.)'s financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
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).
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What is Offtec Holding Group Company (P.L.C.) current dividend yield, its reliability and sustainability?
Dividend Score 0/6
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.
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How experienced are the management team and are they aligned to shareholders interests?
Basim Said (60 yo)
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.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Offtec Holding Group Company (P.L.C.)'s employee growth, exchange listings and data sources
- 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
- Offtec Holding Group Company (P.L.C.)
- Third Circle
- 12 Queen Misbah Street
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/09 00:00|
|End of Day Share Price||2022/08/08 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.