₹ 872.05
Key Takeaways
Risk factor
Sufficiently resilient to price shocks
Profitability factor
Very strong margins and returns
About
Newgen Software Technologies Limited, a software company, provides software products and solutions in India, Europe, the Middle East, Africa, the Asia Pacific, and the United States. The company offers enterprise content management software, which manages the end-to-end lifecycle of enterprise content from origination to disposition; business process management software to streamline enterprise-wide workflows with process...
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E, 'expensive' on EV/EBITD.
Target Price
The average target price of NEWGEN.NS is 1080 and suggests 23% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i