63 Moons Technologies Analysis

dividend

Pros

• 63 moons technologies's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).

Cons

• Dividends per share have fallen over the past 10 years.
• Dividends paid are not well covered by earnings (1x coverage).
• Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
• 63 moons technologies's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

Pros

• 63 moons technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• 63 moons technologies is profitable, therefore cash runway is not a concern.
• 63 moons technologies is profitable, therefore cash runway is not a concern.
• 63 moons technologies has no debt, it does not need to be covered by operating cash flow.
• 63 moons technologies has no debt, it does not need to be covered by short term assets.
• 63 moons technologies's cash and other short term assets cover its long term commitments.
• 63 moons technologies has no debt compared to 5 years ago when it was 17.4%.
• 63 moons technologies has no debt, therefore coverage of interest payments is not a concern.
• 63 moons technologies has no debt.
• Low level of unsold assets.

Cons

management

Pros

• The tenure for the 63 moons technologies board of directors is about average.
• S.'s compensation has increased in line with 63 moons technologies recently becoming profitable.
• The average tenure for the 63 moons technologies management team is over 5 years, this suggests they are a seasoned and experienced team.

Cons

• S.'s remuneration is higher than average for companies of similar size in India.

misc

Pros

Cons

• 63 moons technologies is not covered by any analysts.
• 63 moons technologies has significant price volatility in the past 3 months.

past

Pros

Cons

• 63 moons technologies has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
• 63 moons technologies's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
• It is difficult to establish if 63 moons technologies has efficiently used its assets last year compared to the IN Software industry average (Return on Assets) as it is loss-making.
• It is difficult to establish if 63 moons technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
• 63 moons technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
• 63 moons technologies has become profitable in the last year making it difficult to compare the IN Software industry average.

value

Pros

• 63 moons technologies is good value based on assets compared to the IN Software industry average.
• FINANTECH matched the Software industry (-27.7%) over the past year.
• NSEI:FINANTECH is up 56.9% outperforming the Software industry which returned 11.5% over the past month.
• NSEI:FINANTECH is up 56.9% outperforming the market in India which returned 8% over the past month.

Cons

• 63 moons technologies's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
• 63 moons technologies's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
• 63 moons technologies is overvalued based on earnings compared to the IN Software industry average.
• 63 moons technologies is overvalued based on earnings compared to the India market.
• FINANTECH underperformed the Market in India which returned -14.5% over the past year.