Diginex Limited Ordinary Shares (DGNX)

FairStock Score: 27/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I begin with the business. Diginex is a small provider of ESG reporting and supply-chain risk software with 114 employees. It may have useful products, but I see no evidence here of durable pricing power or recurring profits. The numbers are ugly: at the 2026-10-13 close of $1.23, FairStock’s calculations show a P/E of -0.13, P/B of 2.86, ROE of -250.43%, ROCE of -59.39%, Piotroski F-Score of 1/9, and Altman Z-Score of -1.55. Those are not the marks of a Graham defensive issue. The balance sheet has low leverage—D/E 0.01—a small mercy, but low debt does not create earnings. The company has no Lynch category because there are only 0 years of filed annual results; without a three-year record, I cannot judge consistency or growth. Revenue growth and profit growth are not available. The 52-week range of $0.38 to $24.50 tells me the market has swung wildly around a very small, uncertain business. A $117.4M market cap for a loss-making, unproven firm demands a lot of future success, and the FairStock Score of 27/100 reflects that. Mr. Market may occasionally price this at $24.50, but I see no margin of safety at $1.23 when book value carries a 2.86 multiple and returns on equity are deeply negative. My conclusion: interesting product area, but as an investment it lacks the earnings, track record, and financial strength I require.

In plain English: Diginex sells software and services that help companies with ESG reporting and supply-chain risk checks. The business looks weak today: it is losing money, has deeply negative returns on the money it uses, and has no annual filing history to judge. At $1.23, the price does not look cheap against its accounting value, and the stock has swung from $0.38 to $24.50 over the past year.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer