Induct Software AS offers cloud-based innovation communities delivered as software as a service. More Details
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has Induct Software's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INDCT is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: INDCT's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
7 Day Return
1 Year Return
Return vs Industry: INDCT exceeded the Norwegian Software industry which returned 33.6% over the past year.
Return vs Market: INDCT exceeded the Norwegian Market which returned 31.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Induct Software's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StIs Induct Software (OB:INDCT) A Risky Investment?
7 months ago | Simply Wall StA Note On Induct Software AS' (OB:INDCT) ROE and Debt To Equity
10 months ago | Simply Wall StNeed To Know: Induct Software AS (OB:INDUCT-ME) Insiders Have Been Buying Shares
Is Induct Software undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate INDCT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate INDCT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: INDCT is unprofitable, so we can't compare its PE Ratio to the European Software industry average.
PE vs Market: INDCT is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate INDCT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INDCT is overvalued based on its PB Ratio (18x) compared to the NO Software industry average (3.6x).
How is Induct Software 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 Induct Software 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.
How has Induct Software performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INDCT is currently unprofitable.
Growing Profit Margin: INDCT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: INDCT is unprofitable, but has reduced losses over the past 5 years at a rate of 28.2% per year.
Accelerating Growth: Unable to compare INDCT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INDCT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.6%).
Return on Equity
High ROE: INDCT has a negative Return on Equity (-52.2%), as it is currently unprofitable.
How is Induct Software's financial position?
Financial Position Analysis
Short Term Liabilities: INDCT's short term assets (NOK7.4M) do not cover its short term liabilities (NOK8.9M).
Long Term Liabilities: INDCT's short term assets (NOK7.4M) exceed its long term liabilities (NOK6.6M).
Debt to Equity History and Analysis
Debt Level: INDCT's debt to equity ratio (182.6%) is considered high.
Reducing Debt: INDCT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Insufficient data to determine if INDCT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if INDCT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Induct Software current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate INDCT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate INDCT'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 INDCT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if INDCT'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 INDCT's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alf Johansen (47 yo)
Mr. Alf Martin Johansen founded Induct Software AS in 2007 and has been Chief Executive Officer since its inception. Mr. Johansen served as the Chief Operating Officer of Induct Software AS. He has lots of...
Experienced Management: INDCT's management team is seasoned and experienced (5.6 years average tenure).
Experienced Board: INDCT's board of directors are not considered experienced ( 2.5 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: INDCT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.7%.
Induct Software AS's company bio, employee growth, exchange listings and data sources
- Name: Induct Software AS
- Ticker: INDCT
- Exchange: OB
- Founded: 2007
- Industry: Application Software
- Sector: Software
- Market Cap: kr98.124m
- Shares outstanding: 13.26m
- Website: https://www.inductsoftware.com
- Induct Software AS
- Nedre Vollgate 3
Induct Software AS offers cloud-based innovation communities delivered as software as a service. Its platform that enables organizations to create, manage, track, and measure the innovation process from id...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 04:51|
|End of Day Share Price||2021/07/30 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.