NasdaqGM:MJCO

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Executive Summary

Majesco provides cloud insurance software solutions for the business transformation of the insurance industry in the United States, Canada, Mexico, the United Kingdom, Malaysia, Singapore, Ireland, and India.


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has Majesco's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MJCO's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.3%

MJCO

4.1%

US Software

3.0%

US Market


1 Year Return

65.5%

MJCO

43.1%

US Software

15.8%

US Market

Return vs Industry: MJCO exceeded the US Software industry which returned 43.1% over the past year.

Return vs Market: MJCO exceeded the US Market which returned 15.8% over the past year.


Shareholder returns

MJCOIndustryMarket
7 Day0.3%4.1%3.0%
30 Day69.6%2.7%6.0%
90 Day124.5%18.9%16.4%
1 Year65.5%65.5%44.2%43.1%18.4%15.8%
3 Year183.9%183.9%162.6%153.6%44.8%35.4%
5 Year169.3%169.3%252.3%231.4%75.7%56.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Majesco undervalued compared to its fair value and its price relative to the market?

45.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MJCO ($13.09) is trading below our estimate of fair value ($23.88)

Significantly Below Fair Value: MJCO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MJCO is good value based on its PE Ratio (58.2x) compared to the US Software industry average (60.6x).

PE vs Market: MJCO is poor value based on its PE Ratio (58.2x) compared to the US market (18.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MJCO is good value based on its PB Ratio (5.3x) compared to the US Software industry average (7.3x).


Next Steps

Future Growth

How is Majesco forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.3%

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 Majesco 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

Past Performance

How has Majesco performed over the past 5 years?

54.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MJCO has high quality earnings.

Growing Profit Margin: MJCO's current net profit margins (6.6%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: MJCO has become profitable over the past 5 years, growing earnings by 54.8% per year.

Accelerating Growth: MJCO's earnings growth over the past year (45.1%) is below its 5-year average (54.8% per year).

Earnings vs Industry: MJCO earnings growth over the past year (45.1%) exceeded the Software industry 9.6%.


Return on Equity

High ROE: MJCO's Return on Equity (9.1%) is considered low.


Next Steps

Financial Health

How is Majesco's financial position?


Financial Position Analysis

Short Term Liabilities: MJCO's short term assets ($101.0M) exceed its short term liabilities ($48.9M).

Long Term Liabilities: MJCO's short term assets ($101.0M) exceed its long term liabilities ($4.0M).


Debt to Equity History and Analysis

Debt Level: MJCO's debt to equity ratio (0.09%) is considered satisfactory.

Reducing Debt: MJCO's debt to equity ratio has reduced from 21.8% to 0.09% over the past 5 years.

Debt Coverage: MJCO's debt is well covered by operating cash flow (18366.7%).

Interest Coverage: MJCO earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Majesco current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

3.5yrs

Average management tenure


CEO

Adam Elster (52 yo)

1.83yrs

Tenure

US$3,405,042

Compensation

Mr. Adam Elster serves as Chief Executive Officer and Director of Majesco since October 1, 2018. He has been Chief Executive Officer and Director at Majesco Limited since October 1, 2018. He was Executive ...


CEO Compensation Analysis

Compensation vs Market: Adam's total compensation ($USD3.41M) is above average for companies of similar size in the US market ($USD2.10M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Ketan Mehta
Co-Founder & Chairman1.83yrsUS$102.00k0.038%
$ 214.1k
Adam Elster
CEO & Director1.83yrsUS$3.41m0.12%
$ 664.3k
Prateek Solanki
Executive Vice President of Global Salesno dataUS$561.21k0.037%
$ 208.7k
James Miller
Chief Revenue Officer1.42yrsUS$528.77k0.033%
$ 189.0k
Manish Shah
President & Chief Product Officer1.42yrsUS$776.25k0.27%
$ 1.6m
Farid Kazani
Interim Chief Financial Officer0.083yrno datano data
Edward Ossie
Chief Operating Officer5.58yrsUS$482.60k0.028%
$ 160.1k
Lauren Holmes
Chief Information Officerno datano datano data
Andrew Berger
Managing Director of Investor Relationsno datano datano data
Lori Stanley
General Counsel & Corporate Secretary9.08yrsno datano data
Denise Garth
Senior Vice President of Strategic Marketing5.25yrsno datano data
Melissa Blankenbaker
Chief Human Resources Officerno datano datano data

3.5yrs

Average Tenure

53yo

Average Age

Experienced Management: MJCO's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ketan Mehta
Co-Founder & Chairman1.83yrsUS$102.00k0.038%
$ 214.1k
Adam Elster
CEO & Director1.83yrsUS$3.41m0.12%
$ 664.3k
Robert Restrepo
Independent Director5yrsUS$58.75k0.12%
$ 654.5k
Earl Gallegos
Independent Vice Chairman of the Board5.58yrsUS$68.50k0.19%
$ 1.1m
Sudhakar Ram
Director5.58yrsno datano data
Rajesh Hukku
Independent Director2.17yrsUS$57.25kno data
Arun Maheshwari
Independent Director5.58yrsUS$54.00k0.36%
$ 2.0m
Carolyn Johnson
Independent Director0.92yrUS$224.50kno data

3.6yrs

Average Tenure

62yo

Average Age

Experienced Board: MJCO's board of directors are considered experienced (3.6 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Majesco's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Majesco
  • Ticker: MJCO
  • Exchange: NasdaqGM
  • Founded: 1982
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$567.456m
  • Shares outstanding: 43.35m
  • Website: https://www.majesco.com

Number of Employees


Location

  • Majesco
  • 412 Mount Kemble Avenue
  • Suite 110C
  • Morristown
  • New Jersey
  • 7960
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MJCONasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDJun 2015

Biography

Majesco provides cloud insurance software solutions for the business transformation of the insurance industry in the United States, Canada, Mexico, the United Kingdom, Malaysia, Singapore, Ireland, and Ind ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 23:42
End of Day Share Price2020/08/07 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.