Saven Technologies Analysis

dividend

Pros

• Dividends paid are well covered by earnings (2.4x coverage).
• Saven Technologies's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
• Saven Technologies's dividend is above the markets top 25% of dividend payers in India (3.08%).

Cons

• Saven Technologies has only been paying a dividend for 6 years, and since then dividends per share have fallen.
• Saven Technologies has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

health

Pros

• Saven Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Saven Technologies is profitable, therefore cash runway is not a concern.
• Saven Technologies is profitable, therefore cash runway is not a concern.
• Saven Technologies has no debt, it does not need to be covered by operating cash flow.
• Saven Technologies has no debt, it does not need to be covered by short term assets.
• Saven Technologies has no long term commitments.
• Saven Technologies has no debt compared to 5 years ago when it was 2.3%.
• Saven Technologies has no debt, therefore coverage of interest payments is not a concern.
• Saven Technologies has no debt.
• Low level of unsold assets.

Cons

management

Pros

• The tenure for the Saven Technologies board of directors is about average.
• Murty's remuneration is about average for companies of similar size in India.
• Murty's compensation has been consistent with company performance over the past year, both up more than 20%.
• The average tenure for the Saven Technologies management team is over 5 years, this suggests they are a seasoned and experienced team.

Cons

misc

Pros

Cons

• Saven Technologies is not covered by any analysts.

past

Pros

• Saven Technologies used its assets more efficiently than the IN IT industry average last year based on Return on Assets.
• Saven Technologies has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
• Saven Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).

Cons

• Saven Technologies's 1-year earnings growth is negative, it can't be compared to the 5-year average.
• Saven Technologies's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
• Saven Technologies's 1-year earnings growth is negative, it can't be compared to the IN IT industry average.

value

Pros

• Saven Technologies's share price is below the future cash flow value, and at a moderate discount (> 20%).
• Saven Technologies is good value based on earnings compared to the IN IT industry average.
• Saven Technologies is good value based on earnings compared to the India market.
• BSE:532404 is up 12.3% outperforming the IT industry which returned 8.5% over the past month.
• BSE:532404 is up 12.3% outperforming the market in India which returned 8% over the past month.

Cons

• Saven Technologies's share price is below the future cash flow value, but not at a substantial discount (< 40%).
• Saven Technologies is overvalued based on assets compared to the IN IT industry average.
• 532404 underperformed the IT industry which returned -10.1% over the past year.
• 532404 underperformed the Market in India which returned -14.5% over the past year.