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Majesco (MJCO) Files 10-K for the Fiscal Year Ended on March 31, 2019

- By insider

Majesco (MJCO) files its latest 10-K with SEC for the fiscal year ended on March 31, 2019. Majesco is a United States based company which provides core insurance software, consulting and services for business transformation for the insurance industry. Majesco has a market cap of $390.490 million; its shares were traded at around $9.10 with a P/E ratio of 50.56 and P/S ratio of 2.59.


For the last quarter Majesco reported a revenue of $36.9 million, compared with the revenue of $32.95 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $139.9 million, an increase of 13.7% from last year. For the last five years Majesco had an average revenue growth rate of 12.1% a year.

The reported diluted earnings per share was 18 cents for the year, compared with the loss per share of $0.004 in the previous year. The Majesco had an operating margin of 7.19%, compared with the operating margin of -1.96% a year before. The 10-year historical median operating margin of Majesco is -1.06%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Majesco has the cash and cash equivalents of $11.3 million, compared with $9.15 million in the previous year. The long term debt was $0.11 million, compared with $8.37 million in the previous year. The interest coverage to the debt is at a comfortable level of 22.3. Majesco has a financial strength rank of 8 (out of 10).

At the current stock price of $9.10, Majesco is traded at 47% premium to its historical median P/S valuation band of $6.19. The P/S ratio of the stock is 2.59, while the historical median P/S ratio is 1.74. The stock gained 50.44% during the past 12 months.

For the complete 20-year historical financial data of MJCO, click here.

This article first appeared on GuruFocus.