Persistent
Systems Ltd is now Trading at ₹520.70 with a Gain of + 3.19%
on 07-MaY2020 with formation of
a l Green Candle
on Daily Price Chart.
Persistent
Systems build software that drives the business of its customers; enterprises
and software product companies with software at the core of their digital
transformation
The company has
posted
Net Sales of Rs3570 cr & Net Profit of Rs.340 Cr in FY2020 and it
is expected that Cos. Will post Net
Sales of Rs.3780.00 cr & Net Profit of Rs.350 Cr in FY2021 ( E ) and Net Sales of Rs.4240 cr
& Net Profit of Rs.460 Cr in FY2022 ( E )
Valuations : The Company is now
Trading at X0.72 of its value. We have valued the company with its
full Financial year 2020 earnings ( PAT ), which is now X0..72 , a
Discount of ~28% to its Value (
EPV Method ) ; X10.69 of its FY21 earnings with a Discount of ~31% and X0.53 of its FY22 earnings with a Discount
of ~47% . Its Fare Value Per Share , based on
FY2022(E) earning is Rs. 985.10
Disclaimer : We are / may going to take exposure
shortly.
The
author tracks economic, behavioural and corporate tends, hoping to gauge good
avenues of return based on Fundamental Valuations of Stocks, a follower of EPV
method. You can reach me/us at |
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