NasdaqCM:MAMS

Stock Analysis Report

Executive Summary

MAM Software Group, Inc., through its subsidiaries, provides software, information, and e-commerce and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the United Kingdom, and Ireland.

Snowflake

Fundamentals

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has MAM Software Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.08%

MAMS

1.5%

US Software

1.3%

US Market


1 Year Return

64.6%

MAMS

23.1%

US Software

5.9%

US Market

Return vs Industry: MAMS exceeded the US Software industry which returned 23.1% over the past year.

Return vs Market: MAMS exceeded the US Market which returned 5.9% over the past year.


Shareholder returns

MAMSIndustryMarket
7 Day0.08%1.5%1.3%
30 Day0.9%-0.8%-1.9%
90 Day14.3%-3.4%-1.8%
1 Year64.6%64.6%24.8%23.1%8.3%5.9%
3 Year98.4%98.4%122.8%114.1%45.6%36.2%
5 Year136.1%136.1%179.3%159.1%66.1%47.9%

Price Volatility Vs. Market

How volatile is MAM Software Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is MAM Software Group undervalued compared to its fair value and its price relative to the market?

39.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: MAMS ($12.1) is trading above our estimate of fair value ($8.93)

Significantly Undervalued: MAMS is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MAMS is good value based on its PE Ratio (39.6x) compared to the Software industry average (48.2x).

PE vs Market: MAMS is poor value based on its PE Ratio (39.6x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate MAMS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MAMS is overvalued based on its PB Ratio (8.7x) compared to the US Software industry average (5.1x).


Next Steps

Future Growth

How is MAM Software Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

14.8%

Forecasted Software industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MAMS's forecast earnings growth is above the savings rate (2.7%).

Earnings vs Market: Insufficient data to determine if MAMS's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if MAMS's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if MAMS's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if MAMS's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has MAM Software Group performed over the past 5 years?

12.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MAMS's earnings have grown by 12.9% per year over the past 5 years.

Accelerating Growth: MAMS's earnings growth over the past year (15.7%) exceeds its 5-year average (12.9% per year).

Earnings vs Industry: MAMS earnings growth over the past year (15.7%) underperformed the Software industry 19.1%.


Return on Equity

High ROE: MAMS's Return on Equity (21.2%) is considered high.


Return on Assets

ROA vs Industry: MAMS has a higher Return on Assets than the Software industry average last year.


Return on Capital Employed

ROCE Improving: MAMS's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is MAM Software Group's financial position?


Financial Position Analysis

Short Term Liabilities: MAMS's short term assets ($12.2M) exceeds its short term liabilities ($9.7M)

Long Term Liabilities: MAMS's short term assets (12.2M) exceeds its long term liabilities (5.3M)


Debt to Equity History and Analysis

Debt Level: MAMS's debt to equity ratio (26.1%) is considered satisfactory

Reducing Debt: Insufficient data to determine if MAMS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MAMS's debt is well covered by operating cash flow (99.4%).

Interest Coverage: MAMS's interest payments on its debt are well covered by EBIT (13.5x coverage).


Balance Sheet

Inventory Level: MAMS has a low level of unsold assets or inventory.

Debt Coverage by Assets: MAMS's debt is covered by short term assets (assets are 2.674160x debt).


Next Steps

Dividend

What is MAM Software Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate MAMS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if MAMS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MAMS'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 MAMS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of MAM Software Group's salary, the management and board of directors tenure and is there insider trading?

5.1yrs

Average management tenure


CEO

Mike Jamieson (52yo)

9.3yrs

Tenure

US$425,714

Compensation

Mr. Michael G. Jamieson, also known as Mike has been the Chief Executive Officer at MAM Software Group, Inc. (formerly Aftersoft Group Inc) since June, 2010. Mr. Jamieson has also been the Chief Executive  ...


CEO Compensation Analysis

Compensation vs. Market: Mike's total compensation ($USD425.71K) is about average for companies of similar size in the US market ($USD1.18M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


Management Age and Tenure

5.1yrs

Average Tenure

48yo

Average Age

Experienced Management: MAMS's management team is seasoned and experienced (5.1 years average tenure).


Board Age and Tenure

9.7yrs

Average Tenure

52yo

Average Age

Experienced Board: MAMS's board of directors are considered experienced (9.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Mike Jamieson (52yo)

    CEO, President & Director

    • Tenure: 9.3yrs
    • Compensation: US$425.71k
  • Lee Broad (46yo)

    Chief Technology Officer

    • Tenure: 6.3yrs
    • Compensation: US$701.75k
  • Brian Callahan (48yo)

    CFO & Executive VP

    • Tenure: 4yrs
    • Compensation: US$592.99k
  • Giles Greenslade

    Managing Director of Origin Software Solutions Ltd.

    • Tenure: 1.8yrs

Board Members

  • Peter Kamin (57yo)

    Independent Director

    • Tenure: 7.4yrs
    • Compensation: US$110.00k
  • Mike Jamieson (52yo)

    CEO, President & Director

    • Tenure: 9.3yrs
    • Compensation: US$425.71k
  • Dwight Mamanteo (50yo)

    Independent Director

    • Tenure: 12.6yrs
    • Compensation: US$110.00k
  • William Lewis (43yo)

    Independent Director

    • Tenure: 10.8yrs
    • Compensation: US$110.00k
  • Rick Wasserman (64yo)

    Independent Chairman of the Board

    • Tenure: 3.3yrs
    • Compensation: US$110.00k

Company Information

MAM Software Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MAM Software Group, Inc.
  • Ticker: MAMS
  • Exchange: NasdaqCM
  • Founded:
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: US$152.762m
  • Shares outstanding: 12.62m
  • Website: https://www.mamsoftware.com

Number of Employees


Location

  • MAM Software Group, Inc.
  • Two Valley Square
  • Suite 220
  • Blue Bell
  • Pennsylvania
  • 19422
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MAMSNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDOct 1990

Biography

MAM Software Group, Inc., through its subsidiaries, provides software, information, and e-commerce and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 23:52
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.