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:
We started the process of determining a valid price forecast for Majesco with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Majesco ranked in the 12th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Majesco ended up being:
MJCO's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 59.35% of tickers in our DCF set.
Relative to other stocks in its sector (Technology), Majesco has a reliance on debt greater than only 8.27% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
GSKY, SIMO, GRUB, IIVI, and LTRPA can be thought of as valuation peers to MJCO, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global provider of cloud insurance platform software, today announced the latest release of the Majesco Insurance Data & Analytics Platform which includes several enhancements to Majesco Enterprise Data Warehouse (EDW) and Majesco Business Analytics (MBA) components of the platform. Majesco Insurance Data & Analytics Platform helps insurers turn data into results and delivers relevant information to the right people in real-ti
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global leader of cloud insurance software, today announced a new ad campaign acknowledging and thanking individual employees, their family members and all frontline workers providing volunteer and essential services during these challenging times. Majesco is partnering with Silvercast Media to promote this initiative on the billboard in Times Square to complement the robust social media campaign that Majesco has been running since Apr
MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco (NASDAQ: MJCO), a global provider of cloud insurance platform software, today announced its participation in the SMA’s Virtual Insights to Solutions event. This online virtual experience will be open exclusively to insurers that are looking for insights and advice on today’s digital solutions to compete with current and future needs that have been magnified by the pandemic world. The event brings together SMA subject matter experts and thought leaders