Sify Technologies (SIFY) Stock Price, News & Analysis

Company Overview

Sify Technologies Limited offers ICT solutions and services in India and internationally. It operates through Network Centric Services, Data Center Services, and Digital Services segments. The company offers internet, internet protocol, multi-protocol label switching, virtual private network, SDWAN, managed Wi-Fi, internet of things, wholesale and retail voice, dedicated internet access, and proactive monitoring and management of the network and devices. It provides co-location services; and managed hosting services, such as storage, back-up management, performance monitoring, infrastructure monitoring and management, network availability, server load balancing, managed shared firewall, web server log reporting, and remote and smart hands services. In addition, it offers managed network services; EDGE services; cloud and managed services, including infrastructure as a service, platform as a service, virtual private data center, computing services, IT platform, backup and recovery solution, and content delivery network; remote and onsite infrastructure managed services; and managed security services. Further, the company provides technology integration services; application integration services, which includes talent management, supply chain management, web portal solutions content services, portal development and maintenance, eLearning, digital signature, SAP, Microsoft, Oracle services. The company was formerly known as Sify Limited and changed its name to Sify Technologies Limited in October 2007. Sify Technologies Limited was incorporated in 1995 and is headquartered in Chennai, India. Sify Technologies Limited is a subsidiary of Ramanand Core Investment Company Private Limited.

Key Stats

• Today's Range: $2.80 to $3.00
• 50-Day Range: $2.63 to $3.88
• 52-Week Range: $1.82 to $11.86
• Volume: 69,869 shs
• Average Volume: 262,649 shs
• Market Capitalization: $90.77 million
• P/E Ratio: 74.25
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Sify Technologies Stock Analysis - MarketRank™

Sify Technologies scored higher than 73% of companies evaluated by MarketBeat, and ranked 242nd out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Sify Technologies.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 300.00%

Earnings Growth

Earnings for Sify Technologies are expected to grow by 300.00% in the coming year, from $0.01 to $0.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sify Technologies is 74.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sify Technologies is 74.25, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.69.

Price to Earnings Growth Ratio

Sify Technologies has a PEG Ratio of 16.10. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Sify Technologies has a P/B Ratio of 0.31. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.41% of the outstanding shares of Sify Technologies have been sold short.

Short Interest Ratio / Days to Cover

Sify Technologies has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sify Technologies has recently increased by 16.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Sify Technologies does not currently pay a dividend.

Dividend Growth

Sify Technologies does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Sify Technologies is 35.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Sify Technologies will have a dividend payout ratio of 35.00% next year. This indicates that Sify Technologies will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.41% of the outstanding shares of Sify Technologies have been sold short.

Short Interest Ratio / Days to Cover

Sify Technologies has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sify Technologies has recently increased by 16.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.06

News Sentiment

Sify Technologies has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Sify Technologies this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for SIFY on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Sify Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

77.00% of the stock of Sify Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.61% of the stock of Sify Technologies is held by institutions.

SIFY Stock Analysis - Frequently Asked Questions

How have SIFY shares performed this year?

Sify Technologies' stock was trading at $11.19 at the beginning of 2024. Since then, SIFY shares have decreased by 73.5% and is now trading at $2.97.
View the best growth stocks for 2024 here.

How were Sify Technologies' earnings last quarter?

Sify Technologies Limited (NASDAQ:SIFY) released its quarterly earnings data on Monday, April, 24th. The technology company reported $4.92 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $4.86. The technology company had revenue of $107.79 million for the quarter, compared to the consensus estimate of $127 million. Sify Technologies had a negative trailing twelve-month return on equity of 0.40% and a negative net margin of 0.08%.

When did Sify Technologies' stock split?

Sify Technologies's stock reverse split before market open on Friday, October 4th 2024. The 1-6 reverse split was announced on Wednesday, September 18th 2024. The number of shares owned by shareholders was adjusted after the market closes on Thursday, October 3rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

Who are Sify Technologies' major shareholders?

Top institutional investors of Sify Technologies include Equitec Proprietary Markets LLC.

How do I buy shares of Sify Technologies?

Shares of SIFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sify Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sify Technologies investors own include NVIDIA (NVDA), Meta Platforms (META), NIO (NIO), Shopify (SHOP), Zoom Video Communications (ZM), Alibaba Group (BABA) and FuelCell Energy (FCEL).

Company Calendar

• Last Earnings: 4/24/2023
• Today: 12/21/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:SIFY
• CUSIP: N/A
• CIK: 1094324
• Web: www.sifytechnologies.com
• Phone: 914422540770
• Fax: 91-44-2254-0771
• Employees: 4,319
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.04
• Trailing P/E Ratio: 74.25
• Forward P/E Ratio: 297.00
• P/E Growth: 16.1
• Net Income: $590,000.00
• Net Margins: -0.08%
• Pretax Margin: 0.18%
• Return on Equity: -0.40%
• Return on Assets: -0.14%

Debt

• Debt-to-Equity Ratio: 0.84
• Current Ratio: 1.03
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $36.51 billion
• Price / Sales: 0.00
• Cash Flow: $1.75 per share
• Price / Cash Flow: 1.70
• Book Value: $9.43 per share
• Price / Book: 0.31

Miscellaneous

• Outstanding Shares: 30,562,000
• Free Float: 7,029,000
• Market Cap: $90.77 million
• Optionable: Optionable
• Beta: 1.44