Ratios

		vs industry	vs history
P/B	2.74	COVR's P/B is ranked lower than 55% of the 835 Companies in the Global Software - Application industry. ( Industry Median: 1.90 vs. COVR: 2.74 )	COVR' s 10-Year P/B Range Min: 1.93   Max: 62 Current: 2.74 1.93 62
P/S	2.21	COVR's P/S is ranked lower than 60% of the 835 Companies in the Global Software - Application industry. ( Industry Median: 1.40 vs. COVR: 2.21 )	COVR' s 10-Year P/S Range Min: 0.38   Max: 3.85 Current: 2.21 0.38 3.85
EV-to-EBIT	-7.25	COVR's EV-to-EBIT is ranked higher than 61% of the 835 Companies in the Global Software - Application industry. ( Industry Median: 18.35 vs. COVR: -7.25 )	COVR' s 10-Year EV-to-EBIT Range Min: 4.1   Max: 191.8 Current: -7.25 4.1 191.8
Shiller P/E	16.67	COVR's Shiller P/E is ranked higher than 92% of the 835 Companies in the Global Software - Application industry. ( Industry Median: 22.91 vs. COVR: 16.67 )	COVR' s 10-Year Shiller P/E Range Min: 9.82   Max: 115 Current: 16.67 9.82 115

Valuation & Return

		vs industry	vs history
Price/Net Current Asset Value	23.3	COVR's Price/Net Current Asset Value is ranked higher than 86% of the 835 Companies in the Global Software - Application industry. ( Industry Median: 13.80 vs. COVR: 23.3 )	COVR' s 10-Year Price/Net Current Asset Value Range Min: 2.6   Max: 36 Current: 23.3 2.6 36
Price/Tangible Book	23.3	COVR's Price/Tangible Book is ranked higher than 94% of the 835 Companies in the Global Software - Application industry. ( Industry Median: 3.85 vs. COVR: 23.3 )	COVR' s 10-Year Price/Tangible Book Range Min: 3   Max: 46 Current: 23.3 3 46
Price/DCF (Projected)	2.1	COVR's Price/DCF (Projected) is ranked higher than 92% of the 835 Companies in the Global Software - Application industry. ( Industry Median: 1.40 vs. COVR: 2.1 )	COVR' s 10-Year Price/DCF (Projected) Range Min: 1.5   Max: 55 Current: 2.1 1.5 55
Price/Median PS Value	1.2	COVR's Price/Median PS Value is ranked higher than 85% of the 835 Companies in the Global Software - Application industry. ( Industry Median: 0.80 vs. COVR: 1.2 )	COVR' s 10-Year Price/Median PS Value Range Min: 0.3   Max: 1.9 Current: 1.2 0.3 1.9
Earnings Yield (Greenblatt)	2.60	COVR's Earnings Yield (Greenblatt) is ranked higher than 76% of the 835 Companies in the Global Software - Application industry. ( Industry Median: 4.80 vs. COVR: 2.60 )	COVR' s 10-Year Earnings Yield (Greenblatt) Range Min: 0.5   Max: 24.6 Current: 2.6 0.5 24.6
Forward Rate of Return (Yacktman)	2.88	COVR's Forward Rate of Return (Yacktman) is ranked higher than 88% of the 835 Companies in the Global Software - Application industry. ( Industry Median: 6.38 vs. COVR: 2.88 )	COVR' s 10-Year Forward Rate of Return (Yacktman) Range Min: -3.6   Max: 36.2 Current: 2.88 -3.6 36.2

Business Description

Cover-All Technologies Inc. was incorporated in Delaware in April 1985 as Warner Computer Systems, Inc. and changed its name to Warner Insurance Services, Inc. in March 1992. In June 1996, the Company changed its name to Cover-All Technologies Inc. The Company is a supplier of software products for the property and casualty insurance industry, supplying a range of professional services that support product customization, conversion from existing systems and data integration with other software or reporting agencies. The Company also offers ongoing support services including incorporating recent insurance rate and rule changes in its solutions. These support services also include analyzing the changes, developments, quality assurance, documentation and distribution of insurance rate and rule changes. The software products and services focus on the functions required to underwrite, rate, quote, issue, print, bill and support the entire lifecycle of insurance policies. Its products and services combine an in-depth knowledge of property and casualty insurance with an innovative and proprietary platform using state-of-the-art technology. Its products provide common insurance functionality available on an 'off-the-shelf' basis yet also provide flexibility for accommodating a high degree of customization for its customers to compete in the marketplace through differentiation. In 2001, it announced the creation of My Insurance Center, referred to as 'MIC,' a customizable and configurable web-based, data-centric 'hub and spoke' software platform built around a shared 'information hub' and suite of product components. MIC is designed for insurance agents, brokers and carriers with integrated workflows and access to real-time information. The Company's customers include insurance companies, agents, brokers and managing general agents. Its proprietary technology solutions and services are designed to reduce information technology costs and enable rapid product deployment for its customers. The computer software and services industry is highly competitive and rapidly changing, as current competitors expand its product offerings and new companies enter the marketplace.
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Industry:	Software - Application
Compare:	CRM, SQI, RHT, INTU, ADBE

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