Finzsoft Solutions
Market Cap
NZ$9.9m
Last Updated
2020/03/30 10:35 UTC
Data Sources
Company Financials
Executive Summary
Finzsoft Solutions Limited, together with its subsidiaries, develops, sells, and supports computer software for the banking and finance sector in New Zealand, Australia, and internationally.
Snowflake Analysis
Good value with imperfect balance sheet.
Share Price & News
How has Finzsoft Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FIN has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
FIN
15.2%
NZ Software
3.2%
NZ Market
1 Year Return
n/a
FIN
-65.3%
NZ Software
-8.1%
NZ Market
Return vs Industry: Insufficient data to determine how FIN performed against the NZ Software industry.
Return vs Market: Insufficient data to determine how FIN performed against the NZ Market.
Shareholder returns
| FIN | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 15.2% | 3.2% |
| 30 Day | 20.4% | -52.3% | -15.7% |
| 90 Day | 19.1% | -62.4% | -19.7% |
| 1 Year | n/a | -65.1%-65.3% | -4.8%-8.1% |
| 3 Year | -55.2%-55.2% | -39.1%-42.0% | 26.2%10.5% |
| 5 Year | -65.0%-65.0% | -27.9%-32.5% | 58.2%23.6% |
Price Volatility Vs. Market
How volatile is Finzsoft Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Is Finzsoft Solutions Limited's (NZSE:FIN) CEO Pay Justified?2 months ago | Simply Wall St
The Finzsoft Solutions (NZSE:FIN) Share Price Is Down 72% So Some Shareholders Are Rather Upset3 months ago | Simply Wall St
Read This Before Judging Finzsoft Solutions Limited's (NZSE:FIN) ROEValuation
Is Finzsoft Solutions undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FIN (NZ$1.12) is trading below our estimate of fair value (NZ$4.81)
Significantly Below Fair Value: FIN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FIN is good value based on its PE Ratio (21.8x) compared to the Software industry average (28.7x).
PE vs Market: FIN is poor value based on its PE Ratio (21.8x) compared to the NZ market (14.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FIN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FIN is good value based on its PB Ratio (2.4x) compared to the NZ Software industry average (2.4x).
Next Steps
Future Growth
How is Finzsoft Solutions forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
37.1%
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 Finzsoft Solutions 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.
Next Steps
- Examine whether Finzsoft Solutions is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Finzsoft Solutions competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has Finzsoft Solutions performed over the past 5 years?
-48.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FIN has a high level of non-cash earnings.
Growing Profit Margin: FIN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: FIN's earnings have declined by -48.5% per year over the past 5 years.
Accelerating Growth: FIN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FIN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (12.8%).
Return on Equity
High ROE: FIN's Return on Equity (11.2%) is considered low.
Next Steps
Financial Health
How is Finzsoft Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: FIN's short term assets (NZ$1.5M) do not cover its short term liabilities (NZ$6.1M).
Long Term Liabilities: FIN's short term assets (NZ$1.5M) do not cover its long term liabilities (NZ$3.4M).
Debt to Equity History and Analysis
Debt Level: FIN's debt to equity ratio (49.5%) is considered high.
Reducing Debt: FIN's debt to equity ratio has increased from 0% to 49.5% over the past 5 years.
Debt Coverage: FIN's debt is well covered by operating cash flow (157.3%).
Interest Coverage: FIN's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
Inventory Level: FIN has a low level of unsold assets or inventory.
Debt Coverage by Assets: FIN's debt is not covered by short term assets (assets are 0.7x debt).
Next Steps
Dividend
What is Finzsoft Solutions's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FIN'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 FIN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FIN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FIN is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FIN's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average board tenure
CEO
Andrew Holliday
8s
Tenure
NZ$573,462
Compensation
Mr. Andrew Holliday serves as Managing Director of Finzsoft Solutions Limited since March 23, 2012. Mr. Holliday served as the Joint Managing Director of Finzsoft Solutions Limited since March 2012. He has ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Director | 8yrs | NZ$573.46k | 41.88% NZ$4.1m | |
| Director | 4.92yrs | no data | no data | |
| Independent Chairman | 1.25yrs | NZ$49.69k | no data | |
| Alternate Director | 1.17yrs | NZ$45.00k | no data | |
| Non Executive Director | 5.42yrs | NZ$289.63k | no data | |
| Non-Independent Non-Executive Director | 1.25yrs | NZ$32.96k | no data | |
| Deputy Chairman | 1.17yrs | NZ$33.78k | no data |
1.3yrs
Average Tenure
Experienced Board: FIN's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: FIN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Finzsoft Solutions Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Finzsoft Solutions Limited
- Ticker: FIN
- Exchange: NZSE
- Founded: 1986
- Industry: Application Software
- Sector: Software
- Market Cap: NZ$9.866m
- Shares outstanding: 8.81m
- Website: https://www.finzsoft.com
Number of Employees
Location
- Finzsoft Solutions Limited
- 45 Queen Street
- Level 9
- Auckland
- New Zealand
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FIN | NZSE (New Zealand Stock Exchange) | Yes | Ordinary Shares | NZ | NZD | Dec 2000 |
Biography
Finzsoft Solutions Limited, together with its subsidiaries, develops, sells, and supports computer software for the banking and finance sector in New Zealand, Australia, and internationally. The company offers demand generation solutions; secure mobile and Internet banking solutions; various tools to facilitate the automated lifecycle of lending management; transactional banking and investment solutions; collection solutions; publishing and media management document solutions; analytics and reporting software; and wholesale business solutions, as well as sovereign solutions for financial services institutions. In addition, it engages in the provision of consulting services; maintenance and support services; and other contracted services. Finzsoft Solutions Limited was founded in 1986 and is based in Auckland, New Zealand.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/30 10:35 |
| End of Day Share Price | 2020/03/19 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.