Majesco's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Majesco (MJCO) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Majesco vs Its Competitors
- TTM: Trailing 12-month revenue of 4M vs 1,474M combined for tracked competitors (0.3% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+4,084.3% annualized vs trailing 12 months), vs decelerating (-33.9%) for its tracked peer group.
- Growth: Majesco generated 10.6% revenue growth year over year in Q1 2020, vs 17.3% for its tracked competitors combined.
- Profitability: Its 3.1% net margin compares with 15.9% for the peer group.
- Peer revenue share: Majesco accounted for 14.5% of combined revenue among its tracked peer group, down from 15.2% a year earlier.
- Peer differentiation: Revenue per employee of $0.00M compares with $0.35M for the peer group (0.0x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
MJCO Sales vs. its Competitors, Q1 2020
Majesco reported revenue growth of 10.57 % year on year in Q1 2020, below its competitors' combined revenue growth of 17.32 %.
With a net margin of 3.12 %, Majesco reported lower profitability than its competitors (15.91 %).
Majesco generated 14.48 % of the combined sales of its peer group, down from 15.23 % a year earlier.
Majesco vs. its Competitors, Q1 2020
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Majesco reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Majesco and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Majesco | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (2) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Majesco's competitor groups requires a Commercial License.
For context: the Software & Programming industry grew revenue 16.4% year over year, combined, vs 10.6% for Majesco. Majesco's share of combined industry revenue moved from 0.01% to 0.01%, a gain of 0.00 percentage points.
Majesco's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Majesco | - | Yes | Yes | No |
| Competitors combined (1) | ||||
| High-Confidence Competitors (2) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
MJCO Stock Performance relative to its Competitors
MJCO Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Guidewire Software Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Majesco's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Majesco
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Majesco | 720.81 | 3.94 |
| Guidewire Software Inc | 16,196.24 | 1,473.78 |
| SUBTOTAL | 16,917.05 | 1,477.72 |
Sources: Majesco's official press releases and company reports; CSIMarket.com's market research; and the company reports and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Majesco versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Majesco's Competitors Named by the Company
Competitive relationships identified from Majesco reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Guidewire Software Inc | Company report | 85% |
| Duck Creek Technologies Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Majesco's named competitors require a Commercial License.
Methodology: relationships are extracted from Majesco reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.
Majesco's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Majesco | 721 | 1,920 | 4,715 |
| Guidewire Software Inc | 16,196 | 353,085 | 33,369 |
| PEERS TOTAL | 16,196 | 353,085 | 33,369 |
Majesco's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Guidewire Software Inc | United States 63.37 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Majesco's Valuation vs Competitive Position
Valuation multiples vs the Software & Programming industry average (440 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Software & Programming industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 28.8x | 38.9x | -10.1x |
| EV / EBITDA | 14.1x | 19.6x | -5.5x |
| P/B | 2.7x | 5.4x | -2.7x |
| Return on Equity | 9.22 % | industry aggregate | -16.03 % |
| Return on Invested Capital | 5.51 % | 0.14 % (avg) | 5.37 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Majesco's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2017 | 2018 | 2019 |
|---|---|---|---|
| Revenue Growth | -6.13 % | 15.01 % | -96.73 % |
| Operating Margin | -2.99 % | 5.94 % | - |
| Return on Invested Capital | -3.45 % | 7.78 % | 4.52 % |
| P/E | - | 48.5x | 49.6x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Majesco's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 42.43 % vs industry average 5.38 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Majesco's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Majesco's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Majesco's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+4,084.3% annualized vs trailing 12 months).
Weaknesses
- Return on equity 16.0 points below the industry aggregate.
Opportunities
- Industry revenue growing at a healthy 11.2% median pace.
- Trades at a lower P/E than the industry average (28.8x vs 38.9x) despite a higher return on invested capital -- a possible re-rating opportunity.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-33.9% annualized).
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Majesco's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Majesco | 0.52 | 1.99 | 0.00 |
| Guidewire Software Inc | 0.89 | 2.51 | 0.37 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Majesco's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Majesco | Q2 2020 | +10.6 % | +0.4 % |
| Guidewire Software Inc | Q2 2026 | +14.9 % | -39.6 % |
| PEERS TOTAL | +14.5 % | -38.6 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Majesco's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Majesco | Q2 2020 | +25.5 % | +863.6 % |
| Guidewire Software Inc | Q2 2026 | +12.2 % | +0.5 % |
Majesco's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Majesco | 6.14% | 8.76% | 9.22% |
| Guidewire Software Inc | 5.32% | 6.64% | 10.13% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Majesco's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Majesco | 73.19 | 182.81 |
| Guidewire Software Inc | 117.06 | 10.99 |
| PEERS AVERAGE | 113.56 | 11.45 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.