Majesco provides software solutions for the insurance industry worldwide. The company offers solutions in life and annuity products. The company was founded in 1992 and is based in New York, New York.
MJCO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MJCO, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Majesco ranked in the 12th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 84.67%. In terms of the factors that were most noteworthy in this DCF analysis for MJCO, they are:
The business' balance sheet reveals debt to be 1% of the company's capital (with equity being the remaining amount). Approximately merely 5.06% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than merely 0% of stocks in its sector (Technology).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MJCO, try GRUB, SAP, IEHC, EVOL, and LPTH.