Sify Technologies
Market Cap
US$185.8m
Last Updated
2020/02/20 00:07 UTC
Data Sources
Company Financials +
Executive Summary
Sify Technologies Limited provides integrated ICT solutions and services in India and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Good value with moderate growth potential.
Similar Companies
Share Price & News
How has Sify Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SIFY has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.8%
SIFY
-0.3%
US Telecom
0.06%
US Market
1 Year Return
-22.6%
SIFY
13.5%
US Telecom
19.4%
US Market
Return vs Industry: SIFY underperformed the US Telecom industry which returned 13.5% over the past year.
Return vs Market: SIFY underperformed the US Market which returned 19.4% over the past year.
Shareholder returns
| SIFY | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.8% | -0.3% | 0.06% |
| 30 Day | -3.2% | -1.6% | 1.1% |
| 90 Day | -2.4% | -0.1% | 8.9% |
| 1 Year | -21.8%-22.6% | 19.1%13.5% | 21.9%19.4% |
| 3 Year | 41.6%36.7% | 17.2%0.08% | 48.9%39.3% |
| 5 Year | -6.5%-11.5% | 38.6%7.3% | 71.9%53.1% |
Price Volatility Vs. Market
How volatile is Sify Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Why Sify Technologies Limited’s (NASDAQ:SIFY) Return On Capital Employed Is Impressive4 weeks ago | Simply Wall St
Are Sify Technologies's (NASDAQ:SIFY) Statutory Earnings A Good Reflection Of Its Earnings Potential?1 month ago | Simply Wall St
A Note On Sify Technologies Limited's (NASDAQ:SIFY) ROE and Debt To EquityValuation
Is Sify Technologies undervalued compared to its fair value and its price relative to the market?
14.52x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SIFY ($1.22) is trading above our estimate of fair value ($0.32)
Significantly Below Fair Value: SIFY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SIFY is good value based on its PE Ratio (14.4x) compared to the Telecom industry average (18.2x).
PE vs Market: SIFY is good value based on its PE Ratio (14.4x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: SIFY is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: SIFY is good value based on its PB Ratio (1.4x) compared to the US Telecom industry average (1.5x).
Next Steps
Future Growth
How is Sify Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
15.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIFY's forecast earnings growth (15.6% per year) is above the savings rate (1.7%).
Earnings vs Market: SIFY's earnings (15.6% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: SIFY's earnings are forecast to grow, but not significantly.
Revenue vs Market: SIFY's revenue (10.2% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: SIFY's revenue (10.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SIFY's Return on Equity is forecast to be low in 3 years time (8.2%).
Next Steps
Past Performance
How has Sify Technologies performed over the past 5 years?
24.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIFY has high quality earnings.
Growing Profit Margin: SIFY's current net profit margins (3.8%) are lower than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: SIFY's earnings have grown significantly by 24.4% per year over the past 5 years.
Accelerating Growth: SIFY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SIFY had negative earnings growth (-14.9%) over the past year, making it difficult to compare to the Telecom industry average (-23.8%).
Return on Equity
High ROE: SIFY's Return on Equity (8%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Sify Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: SIFY's short term assets (₹15.9B) exceed its short term liabilities (₹15.2B).
Long Term Liabilities: SIFY's short term assets (₹15.9B) exceed its long term liabilities (₹6.0B).
Debt to Equity History and Analysis
Debt Level: SIFY's debt to equity ratio (76.6%) is considered high.
Reducing Debt: SIFY's debt to equity ratio has increased from 37.2% to 76.6% over the past 5 years.
Debt Coverage: SIFY's debt is well covered by operating cash flow (34.2%).
Interest Coverage: SIFY's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
Inventory Level: SIFY has a high level of physical assets or inventory.
Debt Coverage by Assets: SIFY's debt is covered by short term assets (assets are 1.9x debt).
Next Steps
Dividend
What is Sify Technologies's current dividend yield, its reliability and sustainability?
1.36%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SIFY's dividend (1.37%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: SIFY's dividend (1.37%) is low compared to the top 25% of dividend payers in the US market (3.7%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SIFY has been paying a dividend for less than 10 years.
Growing Dividend: SIFY's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.8%), SIFY's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SIFY's dividends in 3 years are forecast to be well covered by earnings (23.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.2yrs
Average management tenure
CEO
Kamal Nath (54yo)
7.5yrs
Tenure
₹15,040,000
Compensation
Mr. Kamal Nath has been Chief Executive Officer of Sify Technologies Limited since August 16, 2012. Mr. Nath was a Founder Member of HCL Comnet, the Infrastructure Services division of HCL Tech and has bee ...
CEO Compensation Analysis
Compensation vs Market: Kamal's total compensation ($USD210.17K) is below average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Kamal's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 14.3yrs | no data | no data | |
| Chief Executive Officer | 7.5yrs | ₹15.04m | no data | |
| Chief Financial Officer | 12.3yrs | ₹11.76m | no data | |
| COO, Head of Human Resources & Administration and VP | 6.8yrs | ₹12.91m | no data | |
| Executive Director | 12.7yrs | no data | no data | |
| President of Sales and Marketing | 0yrs | ₹5.33m | no data | |
| Chief Strategic Officer | 9yrs | no data | no data | |
| Managing Director of European Operations | 3.1yrs | no data | no data | |
| Regional CEO of West Region | 2yrs | no data | no data | |
| Company Secretary | 2.7yrs | no data | no data |
7.2yrs
Average Tenure
59yo
Average Age
Experienced Management: SIFY's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 14.3yrs | no data | no data | |
| Executive Director | 12.7yrs | no data | no data | |
| Independent Director | 24yrs | no data | no data | |
| Independent Director | 14.6yrs | no data | no data | |
| Independent Director | 6.9yrs | no data | no data | |
| Director | 4.6yrs | no data | no data | |
| Independent Director | 1.3yrs | no data | no data |
12.7yrs
Average Tenure
68yo
Average Age
Experienced Board: SIFY's board of directors are seasoned and experienced ( 12.7 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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12%.
Top Shareholders
Company Information
Sify Technologies Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sify Technologies Limited
- Ticker: SIFY
- Exchange: NasdaqCM
- Founded: 1995
- Industry: Alternative Carriers
- Sector: Telecom
- Market Cap: US$185.754m
- Shares outstanding: 151.02m
- Website: https://www.sifytechnologies.com
Number of Employees
Location
- Sify Technologies Limited
- TIDEL Park
- 2nd Floor
- Chennai
- Tamil Nadu
- 600113
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SIFY | NasdaqCM (Nasdaq Capital Market) | Yes | SPONSORED ADS | US | USD | Oct 1999 |
| IWY1 | DB (Deutsche Boerse AG) | Yes | SPONSORED ADS | DE | EUR | Oct 1999 |
Biography
Sify Technologies Limited provides integrated ICT solutions and services in India and internationally. The company operates in five segments: Telecom Services, Data Center Services, Cloud and Managed Services, Technology Integration Services, and Applications Integration Services. The Telecom Services segment offers Internet protocol based virtual private network services, including intranets, extranets, and remote access applications; and last mile connectivity services. The Data Center Services segment provides co-location, regular backup, server load balancing, and remote backup solutions; messaging, shared hosting, network, and security services; storage and virtualization services; and managed voice services to resident enterprises. The Cloud and Managed Services segment offers on-demand hosting services; and remote and onsite infrastructure management services that manages and supports customer operating systems, applications, and database layers, as well as utility-based on-demand storage service that manages the lifecycle of enterprise information. The Technology Integration Services segment provides data center build, network integration, information security, end user computing, and collaborative tools and solutions. The Applications Integration Services segment offers a range of Web-applications; and operates online portals, including sify.com and samachar.com, which acts as principal entry points and gateway for accessing the Internet, as well as related content sites. Sify Technologies Limited also provides Website design, development, content management, online assessment tools, and search engine optimization services; online testing engine and network management services; and online exam engine solutions. The company was formerly known as Sify Limited and changed its name to Sify Technologies Limited in October 2007. The company was founded in 1995 and is headquartered in Chennai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/20 00:07 |
| End of Day Share Price | 2020/02/19 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.