DB:TSK

Stock Analysis Report

Computer Task Group

Executive Summary

Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services company in North America, Europe, and India.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

How has Computer Task Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.5%

TSK

-10.0%

DE IT

2.4%

DE Market


1 Year Return

5.3%

TSK

-19.8%

DE IT

4.9%

DE Market

Return vs Industry: TSK exceeded the German IT industry which returned -19.8% over the past year.

Return vs Market: TSK matched the German Market which returned 4.9% over the past year.


Shareholder returns

TSKIndustryMarket
7 Day-0.5%-10.0%2.4%
30 Day3.8%-13.3%2.3%
90 Day13.2%-14.4%2.7%
1 Year5.3%5.3%-19.4%-19.8%8.2%4.9%
3 Year4.8%4.8%120.4%114.6%18.3%8.0%
5 Year-28.0%-33.4%279.5%263.2%44.2%24.6%

Price Volatility Vs. Market

How volatile is Computer Task Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Computer Task Group undervalued compared to its fair value and its price relative to the market?

1.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TSK's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TSK's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TSK is unprofitable, so we can't compare its PE Ratio to the IT industry average.

PE vs Market: TSK is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TSK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TSK is good value based on its PB Ratio (1.2x) compared to the DE IT industry average (3.6x).


Next Steps

Future Growth

How is Computer Task Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

118.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TSK is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TSK is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TSK is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TSK's revenue (5.5% per year) is forecast to grow faster than the German market (5% per year).

High Growth Revenue: TSK's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TSK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Computer Task Group performed over the past 5 years?

-24.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TSK is unprofitable, and losses have increased over the past 5 years at a rate of -24.5% per year.

Accelerating Growth: Unable to compare TSK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TSK is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (22.7%).


Return on Equity

High ROE: TSK has a negative Return on Equity (-3.93%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: TSK is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: TSK is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Computer Task Group's financial position?


Financial Position Analysis

Short Term Liabilities: TSK's short term assets ($107.2M) exceeds its short term liabilities ($53.3M)

Long Term Liabilities: TSK's short term assets (107.2M) exceeds its long term liabilities (37.4M)


Debt to Equity History and Analysis

Debt Level: TSK's debt to equity ratio (25.7%) is considered satisfactory

Reducing Debt: Insufficient data to determine if TSK's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: TSK's debt is not well covered by operating cash flow (8.2%).

Interest Coverage: TSK is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: TSK has a low level of unsold assets or inventory.

Debt Coverage by Assets: TSK's debt is covered by short term assets (assets are 6.315570x debt).


Next Steps

Dividend

What is Computer Task Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate TSK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate TSK's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if TSK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TSK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TSK is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TSK's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Computer Task Group's salary, the management and board of directors tenure and is there insider trading?

3.7yrs

Average management tenure


CEO

Filip J. Gydé (58yo)

0.6yrs

Tenure

US$744,645

Compensation

Mr. Filip J. L. Gydé has been the Chief Executive Officer and President of Computer Task Group Inc. since March 1, 2019. Mr. Gyde served as Executive Vice President and General Manager & President of CTG E ...


CEO Compensation Analysis

Compensation vs. Market: Filip J. has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the German market.

Compensation vs Earnings: Filip J.'s compensation has increased whilst the company is unprofitable.


Management Age and Tenure

3.7yrs

Average Tenure

58yo

Average Age

Experienced Management: TSK's management team is considered experienced (3.7 years average tenure).


Board Age and Tenure

3.9yrs

Average Tenure

61yo

Average Age

Experienced Board: TSK's board of directors are considered experienced (3.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$25,44511 Oct 19
Wax Asset Management, LLC
EntityCompany
Shares5,822
Max PriceUS$4.37
BuyUS$652,84111 Oct 19
Assurance Global Services LLC
EntityCompany
Shares146,157
Max PriceUS$4.54
BuyUS$712,96628 Aug 19
Wax Asset Management, LLC
EntityCompany
Shares192,365
Max PriceUS$3.76
BuyUS$460,58028 Aug 19
Assurance Global Services LLC
EntityCompany
Shares119,135
Max PriceUS$3.99

Ownership Breakdown


Management Team

  • Tom Niehaus (57yo)

    Executive Vice President of Operations for North America

    • Tenure: 0.4yrs
    • Compensation: US$529.63k
  • Peter Radetich (64yo)

    Senior VP

    • Tenure: 20.5yrs
    • Compensation: US$456.11k
  • Filip J. Gydé (58yo)

    President

    • Tenure: 0.6yrs
    • Compensation: US$744.65k
  • Jim Culligan (64yo)

    Director of Investor Relations & Financial Services

    • Tenure: 8.7yrs
  • John Laubacker (52yo)

    Executive VP

    • Tenure: 2.5yrs
    • Compensation: US$528.12k
  • Elizabeth Savino

    VP of Human Resources & Corporate Officer

    • Tenure: 7.2yrs
  • Amanda LeBlanc

    Chief Marketing Officer & VP of Marketing

    • Tenure: 3.8yrs
  • Laura Momplet

    Chief Operations Officer and Chief Clinical Officer

    • Tenure: 3.7yrs
  • Romulo Juarez

    Managing Director of Delivery

    • Tenure: 0.7yrs

Board Members

  • James Helvey (60yo)

    Independent Director

    • Tenure: 3.9yrs
    • Compensation: US$165.00k
  • Owen Sullivan (61yo)

    Independent Director

    • Tenure: 2.7yrs
    • Compensation: US$150.00k
  • Filip J. Gydé (58yo)

    President

    • Tenure: 0.6yrs
    • Compensation: US$744.65k
  • Dan Sullivan (72yo)

    Non-Executive Chairman & Lead Independent Director

    • Tenure: 5yrs
    • Compensation: US$250.00k
  • David Klein (71yo)

    Independent Director

    • Tenure: 7.1yrs
    • Compensation: US$160.00k
  • Val Rahmani (61yo)

    Independent Director

    • Tenure: 3.9yrs
    • Compensation: US$160.00k

Company Information

Computer Task Group, Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Computer Task Group, Incorporated
  • Ticker: TSK
  • Exchange: DB
  • Founded: 1966
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$71.931m
  • Listing Market Cap: US$64.565m
  • Shares outstanding: 14.44m
  • Website: https://www.ctg.com

Number of Employees


Location

  • Computer Task Group, Incorporated
  • 800 Delaware Avenue
  • Buffalo
  • New York
  • 14209
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CTGNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1972
TSKDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1972

Biography

Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services company in North America, Europe, and India. Its IT solutions includ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 21:35
End of Day Share Price2019/10/22 00:00
Earnings2019/06/28
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.