Adapt IT Holdings Limited provides information and communications technology services in South Africa and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||R7.00|
|52 Week High||R2.24|
|52 Week Low||R8.17|
|1 Month Change||0.57%|
|3 Month Change||3.70%|
|1 Year Change||138.10%|
|3 Year Change||6.87%|
|5 Year Change||-56.22%|
|Change since IPO||1,066.67%|
Recent News & Updates
|ADI||ZA Software||ZA Market|
Return vs Industry: ADI exceeded the ZA Software industry which returned 48.9% over the past year.
Return vs Market: ADI exceeded the ZA Market which returned 19.9% over the past year.
Stable Share Price: ADI is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ADI's weekly volatility has decreased from 9% to 2% over the past year.
About the Company
Adapt IT Holdings Limited provides information and communications technology services in South Africa and internationally. Its Education segment provides enterprise resource planning solutions for use in educational institutions; and ITS integrator support, automated exam and class timetabling, training and consulting, and learning relationship management system services, as well as implementation, customization, development, and integration services. The company’s Manufacturing segment offers integrated workforce management system solutions for the manufacturing, agri-processing, security resource, and utilities sectors; and business advisory, software development, implementation, systems integration, sustainability reporting, and ERP support services.
Adapt IT Holdings Fundamentals Summary
|ADI fundamental statistics|
Is ADI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ADI income statement (TTM)|
|Cost of Revenue||R631.40m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.50|
|Net Profit Margin||4.60%|
How did ADI perform over the long term?See historical performance and comparison
Is Adapt IT Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ADI (ZAR7) is trading below our estimate of fair value (ZAR54.39)
Significantly Below Fair Value: ADI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ADI is poor value based on its PE Ratio (13.9x) compared to the African Software industry average (12.1x).
PE vs Market: ADI is poor value based on its PE Ratio (13.9x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ADI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ADI's PB Ratio (1.2x) is in line with the XF Software industry average.
How is Adapt IT Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Adapt IT Holdings 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.
How has Adapt IT Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ADI has high quality earnings.
Growing Profit Margin: ADI's current net profit margins (4.6%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: ADI's earnings have declined by 5.7% per year over the past 5 years.
Accelerating Growth: ADI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ADI had negative earnings growth (-2.2%) over the past year, making it difficult to compare to the Software industry average (13.7%).
Return on Equity
High ROE: ADI's Return on Equity (8.6%) is considered low.
How is Adapt IT Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: ADI's short term assets (ZAR442.6M) exceed its short term liabilities (ZAR440.2M).
Long Term Liabilities: ADI's short term assets (ZAR442.6M) do not cover its long term liabilities (ZAR471.2M).
Debt to Equity History and Analysis
Debt Level: ADI's debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: ADI's debt to equity ratio has reduced from 34.9% to 28.1% over the past 5 years.
Debt Coverage: ADI's debt is well covered by operating cash flow (114.1%).
Interest Coverage: ADI's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Adapt IT Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ADI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ADI'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 ADI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ADI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ADI is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ADI's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tiffany Dunsdon (50 yo)
Ms. Tiffany Dunsdon, CA(SA), serves as its Chief Executive Officer at of AdaptIT Holdings Limited since September 6, 2021 and served as Chief Commercial Officer since October 01, 2018 until 2021 and also s...
CEO Compensation Analysis
Compensation vs Market: Tiffany's total compensation ($USD227.72K) is about average for companies of similar size in the ZA market ($USD283.52K).
Compensation vs Earnings: Tiffany's compensation has been consistent with company performance over the past year.
Experienced Management: ADI's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: ADI's board of directors are considered experienced (5.2 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.9%.
Adapt IT Holdings Limited's employee growth, exchange listings and data sources
- Name: Adapt IT Holdings Limited
- Ticker: ADI
- Exchange: JSE
- Founded: NaN
- Industry: Systems Software
- Sector: Software
- Market Cap: R960.833m
- Shares outstanding: 137.26m
- Website: https://www.adaptit.com
Number of Employees
- Adapt IT Holdings Limited
- 152, 14th Road
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 20:58|
|End of Day Share Price||2021/10/21 00:00|
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.