Executive Summary
Cambridge Technology Enterprises Limited, a business and technology services company, provides service-oriented architecture-based enterprise transformation and integration solutions, and services.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Share Price & News
How has Cambridge Technology Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CTE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
7.3%
CTE
-2.0%
IN IT
1.4%
IN Market
1 Year Return
-69.0%
CTE
-21.7%
IN IT
-30.7%
IN Market
Return vs Industry: CTE underperformed the Indian IT industry which returned -16.8% over the past year.
Return vs Market: CTE underperformed the Indian Market which returned -29.6% over the past year.
Shareholder returns
| CTE | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.3% | -2.0% | 1.4% |
| 30 Day | -9.4% | -18.4% | -24.8% |
| 90 Day | -60.5% | -22.2% | -30.6% |
| 1 Year | -69.0%-69.0% | -19.2%-21.7% | -29.3%-30.7% |
| 3 Year | -85.3%-85.3% | 30.8%22.8% | -18.1%-22.6% |
| 5 Year | -26.2%-26.2% | 20.9%9.3% | -7.2%-12.2% |
Price Volatility Vs. Market
How volatile is Cambridge Technology Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Are Insiders Buying Cambridge Technology Enterprises Limited (NSE:CTE) Stock?1 week ago | Simply Wall St
How Does Cambridge Technology Enterprises's (NSE:CTE) P/E Compare To Its Industry, After The Share Price Drop?1 month ago | Simply Wall St
A Sliding Share Price Has Us Looking At Cambridge Technology Enterprises Limited's (NSE:CTE) P/E RatioValuation
Is Cambridge Technology Enterprises undervalued compared to its fair value and its price relative to the market?
3.51x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CTE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CTE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CTE is good value based on its PE Ratio (3.5x) compared to the IT industry average (7x).
PE vs Market: CTE is good value based on its PE Ratio (3.5x) compared to the Indian market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CTE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CTE is good value based on its PB Ratio (0.4x) compared to the IN IT industry average (0.7x).
Next Steps
Future Growth
How is Cambridge Technology Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
8.2%
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cambridge Technology Enterprises has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Cambridge Technology Enterprises is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Cambridge Technology Enterprises competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has Cambridge Technology Enterprises performed over the past 5 years?
20.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTE has high quality earnings.
Growing Profit Margin: CTE's current net profit margins (7%) are lower than last year (19.8%).
Past Earnings Growth Analysis
Earnings Trend: CTE's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: CTE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CTE had negative earnings growth (-62.8%) over the past year, making it difficult to compare to the IT industry average (7.2%).
Return on Equity
High ROE: CTE's Return on Equity (11.6%) is considered low.
Next Steps
Financial Health
How is Cambridge Technology Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: CTE's short term assets (₹640.9M) exceed its short term liabilities (₹369.2M).
Long Term Liabilities: CTE's short term assets (₹640.9M) exceed its long term liabilities (₹109.0M).
Debt to Equity History and Analysis
Debt Level: CTE's debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CTE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CTE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CTE's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
Inventory Level: CTE has a low level of unsold assets or inventory.
Debt Coverage by Assets: CTE's debt is covered by short term assets (assets are 5.6x debt).
Next Steps
Dividend
What is Cambridge Technology Enterprises's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CTE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CTE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CTE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CTE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CTE is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CTE's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Cambridge Technology Enterprises has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Financial Officer | 1.67yrs | ₹2.99m | no data | |
| Head of Investor Relations & Manager of Corporate Finance | 4.17yrs | ₹4.02m | no data | |
| Company Secretary & Compliance Officer | 1.67yrs | ₹685.64k | no data | |
| Whole Time Director | 21.25yrs | ₹2.63m | 1.68% ₹4.5m | |
| CTO & Chief Data Scientist | 3.42yrs | no data | no data | |
| General Counsel | 4.17yrs | no data | no data | |
| Senior Vice President of Delivery | 0.25yr | no data | no data | |
| Senior Vice President of Enterprise Solutions | 0.25yr | no data | no data | |
| Head CLOC Operations | no data | no data | no data | |
| Director of Cambridge Bizserve | 3.08yrs | no data | no data |
2.4yrs
Average Tenure
49yo
Average Age
Experienced Management: CTE's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Whole Time Director | 21.25yrs | ₹2.63m | 1.68% ₹4.5m | |
| Chairman | 4.58yrs | no data | no data | |
| Non-Executive Independent Director | 0.42yr | ₹70.00k | no data | |
| Non-Executive Director | 9.42yrs | ₹10.00k | no data | |
| Independent Director | 8.17yrs | ₹170.00k | no data | |
| Independent Director | 5.08yrs | ₹180.00k | no data |
6.6yrs
Average Tenure
59yo
Average Age
Experienced Board: CTE's board of directors are considered experienced (6.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cambridge Technology Enterprises Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cambridge Technology Enterprises Limited
- Ticker: CTE
- Exchange: NSEI
- Founded: 1999
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹266.000m
- Shares outstanding: 19.63m
- Website: https://www.ctepl.com
Number of Employees
Location
- Cambridge Technology Enterprises Limited
- Cyber Pearl
- Unit No. 04-03, Level 4
- Hyderabad
- Andhra Pradesh
- 500081
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532801 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Feb 2007 |
| CTE | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Feb 2007 |
Biography
Cambridge Technology Enterprises Limited, a business and technology services company, provides service-oriented architecture-based enterprise transformation and integration solutions, and services. The company offers artificial intelligence (AI)services, including AI advisory, AI solutions, and AI as a service; and big data services, such as data potential, data warehouse, data analytics and visualization, and data value services. It also provides cloud services comprising cloud strategy, cloud transformation and migration, cloud software as a service development, and managed services; and application services that include application development, migration and transformation, management, application testing, and enterprise mobility services. In addition, the company offers DevOps services, which comprise DevOps advisory, DevOps implementation, and DevOps support services; and identity access and management (IAM) solutions, including IAM strategy, IAM implementation, and IAM managed services. Further, it provides infrastructure management services, such as IaaS and PaaS solutions, database management services, middleware management services, and operating system management services. The company serves the midsize market enterprises and the midsize units of Global 2000 enterprises across a range of industries. Cambridge Technology Enterprises Limited was founded in 1999 and is based in Hyderabad, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/01 13:24 |
| End of Day Share Price | 2020/04/01 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.