Cigniti Technologies Limited provides software testing services in India, the United States, the United Kingdom, Canada, Australia, and South Africa.
The last earnings update was 84 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Cigniti Technologies. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Cigniti Technologies's earnings available for a low price, and how does
this compare to other companies in the same industry?
Cigniti Technologies's earnings are expected to grow by 10.9% yearly, however this is not considered high growth (20% yearly).
Cigniti Technologies's revenue is expected to grow by 13.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Cigniti Technologies's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Cigniti Technologies's finances.
The net worth of a company is the difference between its assets and liabilities.
Cigniti Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Cigniti Technologies's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Cigniti Technologies's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 2.1x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Srikanth Chakkilam is a Co-Founder of AasaanPay Solutions India Private Limited. Mr. Chakkilam has been Chief Executive Officer of Cigniti Technologies Limited since March 2017 and served as its Executive Vice President of Marketing and oversees marketing functions including corporate branding and positioning, sales support, communication, market research, public relations, analyst relations and corporate social responsibility. He served as an Executive Director of Cigniti Technologies Ltd. since September 16, 2013 until May 18, 2017. Mr. Chakkilam focuses on positioning and branding, competitive analysis and works with the sales and delivery teams to create new service offerings and oversees marketing lead generation via various online and offline programs. He is passionate about corporate social responsibility and has initiated various programs where Cigniti's employees work with NGOs to improve education standards. He joined Cigniti in 2008 and has since played a key role in repositioning it as an Independent Testing Services company. He setup and created the lead generation and presales processes at Cigniti and defined service offerings in conjunction with the sales and delivery teams. He has been a Non Executive Director of Cigniti Technologies Limited since May 18, 2017. Mr. Chakkilam holds an MS in Computer Science from University of Southern California (USC) and has undertaken a Management Program at the NYU Stern School of Business.
Srikanth's compensation has been consistent with company performance over the past year.
Srikanth's remuneration is higher than average for companies of similar size in India.
Chairman & MD
CEO & Non-Executive Director
Chief Financial Officer
Company Secretary & Compliance Officer
Chief Technology Officer
Executive Vice President of Sales - North America
President of NA East
Board of Directors Tenure
Average tenure and age of the
board of directors in years:
The average tenure for the Cigniti Technologies board of directors is less than 3 years, this suggests a new board.
Cigniti Technologies Limited provides software testing services in India, the United States, the United Kingdom, Canada, Australia, and South Africa. The company offers functional testing, test automation, compatibility testing, performance testing, regression testing, security testing, ERP testing, selenium testing, QC to ALM migration, and testing center of excellence. It also provides quality engineering services, including agile testing, DevOps testing, service virtualization, and test data management services; and mobile testing, digital assurance and testing, big data and analytics testing, e-commerce testing, medical device testing, salesforce testing, and game testing services; and test advisory and transformation services. The company offers its services to airlines, banking, communications, energy and utilities, financial services, insurance, and retail industries. The company was formerly known as Chakkilam Infotech Limited and changed its name to Cigniti Technologies Limited. Cigniti Technologies Limited was founded in 1998 and is headquartered in Hyderabad, India.
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