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NESS TECHNOLOGIES INC (NSTC) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $9.73 Metrics
OS: 38.3 M -19 % ROE
Market cap: $373 M 11 % ROIC
Net debt: $24.4 M
EV: $397 M

 
TTM Valuation
EBITDA
EBIT $23.7 M 16.8 x EV/EBIT
EPS ($1.08)

Recent News + Filings   (All items)
Date FiledTypeDescription
02/14/2012 SC 13G/A Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend]
02/14/2012 SC 13G/A Brandywine Global Investment Management, LLC reports a 0% stake in Ness Technologies Address of issuers principal executive offices: Ness Bulding 4 PO Box 58182 Kiryatatidim Telaviv Israel L3 61580 Item 2a) Name of person filing: Brandywine Global Investment Management, LLC Item 2b) Address of principal business office: 2929 Arch Street 8th Floor Philadelphia, PA 19104 Item 2c) Citizenship: Delaware Limited Liability Company Item 2d)
02/07/2012 SC 13G/A Form SC 13G - Statement of acquisition of beneficial ownership by individuals [amend]
10/21/2011 15-12G Form 15-12G - Securities registration termination [Section 12(g)]
10/12/2011 4 CITIGROUP INC (Director) has filed a Form 4 on NESS TECHNOLOGIES INC
10/12/2011 4 Cherukuri Satyam C (Director) has filed a Form 4 on NESS TECHNOLOGIES INC
10/12/2011 4 EDELSTEIN P HOWARD (Director) has filed a Form 4 on NESS TECHNOLOGIES INC


Financial Summary   (All financials)
In millions, except per share itemsDec-31-10Dec-31-09Dec-31-08Dec-31-07Dec-31-06Dec-31-05Dec-31-04Dec-31-03
Revenues571.8511.9604.6553.2474.3385.4304.5225.8
            Revenue growth11.7%-15.3%9.3%16.6%23.1%26.6%34.9%35.5%
Cost of goods sold412.9386.1440.4394.7343.2275.4211.7159.0
Gross profit158.9125.9164.2158.5131.1110.192.866.8
            Gross margin27.8%24.6%27.2%28.6%27.7%28.6%30.5%29.6%
Sales and marketing41.241.245.141.134.329.025.721.3
Research and development       1.6
General and administrative101.289.692.487.563.254.646.036.1
EBIT16.40.345.114.728.626.421.16.4
            EBIT margin2.9%0.1%7.5%2.7%6.0%6.9%6.9%2.8%
Pre-tax income14.6-2.739.613.737.724.717.54.5
Income taxes6.27.39.14.28.03.52.3-0.1
            Tax rate42.4% 23.1%30.5%21.3%14.3%13.3% 
Earnings from continuing ops8.4-10.030.59.629.821.714.44.6
Earnings from discontinued ops-18.8-42.55.00.5   3.5
Net income-10.4-52.535.510.129.821.714.48.0
            Net margin-1.8%-10.2%5.9%1.8%6.3%5.6%4.7%3.5%
 
Diluted EPS$0.22($0.26)$0.77$0.25$0.82$0.61$0.53$0.07
Shares outstanding (diluted)38.638.639.838.836.435.627.166.8
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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