NETSOL TECHNOLOGIES INC (NTWK)

Services-Prepackaged Software

Latest Price

$4.22

TTM P/E

27.40

Normalized P/E

Div Yield

Book Value

3.15

P/B Ratio

1.34

Valuation metrics

EPS: $0.25

Book value / share: $3.22

Formula: √(22.5 × EPS × BVPS)

Graham Number

$4.25

+6% upside

Norm. op. income: $3M (median of 7yr)

Tax rate: 33%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$3.01

25% downside

Base FCF: $1M (median of recent 5yr)

Growth: 18%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$6.72

+68% upside

EPS: $0.25

Target P/E: 26×

Formula: EPS × P/E

P/E Fair Value

$6.50

+63% upside

17.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
VANGUARD CAPITAL MANAGEMENT LLC	511.2K	$2.0M	4.31%	-51.4K	2026-06-30
RENAISSANCE TECHNOLOGIES LLC	455.8K	$2.0M	3.85%	-8.0K	2026-06-30
BlackRock, Inc.	292.8K	$1.0M	2.47%	+35.6K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	118.3K	--	1.00%	-38.0K	2026-06-30
Mink Brook Asset Management LLC	109.3K	--	0.92%	--	2026-06-30
DIMENSIONAL FUND ADVISORS LP	106.2K	--	0.90%	+5.6K	2026-06-30
BRIDGEWAY CAPITAL MANAGEMENT, LLC	72.9K	--	0.62%	+2.2K	2026-06-30
Empowered Funds, LLC	70.4K	--	0.59%	+2.2K	2026-06-30
VANGUARD FIDUCIARY TRUST CO	64.2K	--	0.54%	+406	2026-06-30
STATE STREET CORP	53.0K	--	0.45%	--	2026-06-30