NasdaqGS:TNAV

Stock Analysis Report

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Executive Summary

Telenav, Inc., together with its subsidiaries, provides connected car and location-based platform services in the United States and internationally.

Rewards

Trading at 88.3% below our estimate of its fair value

Became profitable this year

Risk Analysis

No risks detected for TNAV from our risk checks.


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TNAV has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-4.4%

TNAV

-2.3%

US Software

0.5%

US Market


1 Year Return

-51.0%

TNAV

42.3%

US Software

18.7%

US Market

Return vs Industry: TNAV underperformed the US Software industry which returned 42.3% over the past year.

Return vs Market: TNAV underperformed the US Market which returned 18.7% over the past year.


Shareholder returns

TNAVIndustryMarket
7 Day-4.4%-2.3%0.5%
30 Day1.5%0.9%4.9%
90 Day25.1%15.0%19.8%
1 Year-51.0%-51.0%43.1%42.3%21.2%18.7%
3 Year-12.3%-12.3%150.3%142.2%46.2%36.8%
5 Year-23.9%-23.9%258.3%237.5%85.3%65.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Telenav 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: TNAV ($5.44) is trading below our estimate of fair value ($46.4)

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


Price To Earnings Ratio

PE vs Industry: TNAV is poor value based on its PE Ratio (83.7x) compared to the US Software industry average (54.6x).

PE vs Market: TNAV is poor value based on its PE Ratio (83.7x) compared to the US market (19.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TNAV is good value based on its PB Ratio (2.7x) compared to the US Software industry average (7.4x).


Next Steps

Future Growth

How is Telenav forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

17.0%

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 TNAV's forecast earnings growth is above the savings rate (2.2%).

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

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


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TNAV is forecast to be unprofitable in 3 years.


Next Steps

  • Explore growth companies in the Software industry.

Past Performance

How has Telenav performed over the past 5 years?

13.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TNAV has high quality earnings.

Growing Profit Margin: TNAV became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TNAV has become profitable over the past 5 years, growing earnings by 13.2% per year.

Accelerating Growth: TNAV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TNAV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (11.5%).


Return on Equity

High ROE: TNAV's Return on Equity (3.2%) is considered low.


Next Steps

Financial Health

How is Telenav's financial position?


Financial Position Analysis

Short Term Liabilities: TNAV's short term assets ($177.5M) exceed its short term liabilities ($90.0M).

Long Term Liabilities: TNAV's short term assets ($177.5M) exceed its long term liabilities ($106.8M).


Debt to Equity History and Analysis

Debt Level: TNAV is debt free.

Reducing Debt: TNAV has not had any debt for past 5 years.

Debt Coverage: TNAV has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TNAV has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if TNAV'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 TNAV'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?

2.6yrs

Average management tenure


CEO

H. Jin (56 yo)

18.67yrs

Tenure

US$1,035,582

Compensation

Dr. H. P. Jin, Ph.D. is a Co-Founder of TeleNav, Inc. and has been its Chairman and Chief Executive Officer since December 2001 and its President since October 1999. Dr. Jin served as a Senior Strategy Con ...


CEO Compensation Analysis

Compensation vs Market: H.'s total compensation ($USD1.04M) is about average for companies of similar size in the US market ($USD1.27M).

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


Leadership Team

NamePositionTenureCompensationOwnership
H. Jin
Co-Founder18.67yrsUS$1.04m4.99%
$ 13.6m
Salman Dhanani
Co-Founder & COO6.58yrsUS$812.56k0.47%
$ 1.3m
Hassan Wahla
Chief Customer Officer7.58yrsUS$696.03k0.17%
$ 463.6k
Brent Fraser
Co-President & GM of Ads Business Unit2.58yrsno datano data
Brett Kohn
Co President & GM of Ads Business Unit2.58yrsno datano data
Yi Chao
Co-Founder & Chief Technical Officerno datano datano data
Adeel Manzoor
CFO, Treasurer1.08yrsno data0.042%
$ 114.2k
Michael Bishop
Investor Relations Officerno datano datano data
Steve Debenham
VP, General Counsel & Secretary1yrno datano data

2.6yrs

Average Tenure

52yo

Average Age

Experienced Management: TNAV's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
H. Jin
Co-Founder18.67yrsUS$1.04m4.99%
$ 13.6m
Douglas Miller
Independent Director5.08yrsUS$165.38k0.10%
$ 282.9k
Ken Xie
Independent Director8.08yrsUS$151.38k0.24%
$ 664.1k
Wesley Cummins
Independent Director4yrsUS$154.04k0.14%
$ 394.7k
Randy Ortiz
Independent Director2.83yrsUS$162.75k0.14%
$ 375.5k
Samuel Chen
Independent Director18.58yrsUS$152.71k15.55%
$ 42.4m

6.6yrs

Average Tenure

59.5yo

Average Age

Experienced Board: TNAV's board of directors are considered experienced (6.6 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

Telenav, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Telenav, Inc.
  • Ticker: TNAV
  • Exchange: NasdaqGS
  • Founded: 1999
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$272.377m
  • Shares outstanding: 47.29m
  • Website: https://www.telenav.com

Number of Employees


Location

  • Telenav, Inc.
  • 4655 Great America Parkway
  • Suite 300
  • Santa Clara
  • California
  • 95054
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TNAVNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMay 2010
74DB (Deutsche Boerse AG)YesCommon StockDEEURMay 2010

Biography

Telenav, Inc., together with its subsidiaries, provides connected car and location-based platform services in the United States and internationally. The company operates through Automotive and Mobile Navig ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 11:25
End of Day Share Price2020/08/13 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.