NSEI:CTE

Stock Analysis Report

Cambridge Technology Enterprises

Executive Summary

Cambridge Technology Enterprises Limited, a business and technology services company, provides service-oriented architecture-based enterprise transformation and integration solutions, and services.


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

CTEIndustryMarket
7 Day7.3%-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

Valuation

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

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

NamePositionTenureCompensationOwnership
Chirravuri Leeladhar
Chief Financial Officer1.67yrs₹2.99mno data
Hanumant Bhansali
Head of Investor Relations & Manager of Corporate Finance4.17yrs₹4.02mno data
Ashish Bhattad
Company Secretary & Compliance Officer1.67yrs₹685.64kno data
Swaroop Dharani
Whole Time Director21.25yrs₹2.63m1.68% 4.5m
Rajan Lukose
CTO & Chief Data Scientist3.42yrsno datano data
Alan Roth
General Counsel4.17yrsno datano data
Sudip Kar
Senior Vice President of Delivery0.25yrno datano data
Nitin Tyagi
Senior Vice President of Enterprise Solutions0.25yrno datano data
Md Ahmed
Head CLOC Operationsno datano datano data
Radha Raghupathy
Director of Cambridge Bizserve3.08yrsno datano data

2.4yrs

Average Tenure

49yo

Average Age

Experienced Management: CTE's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Swaroop Dharani
Whole Time Director21.25yrs₹2.63m1.68% 4.5m
Aashish Kalra
Chairman4.58yrsno datano data
Sridhar Lalpet
Non-Executive Independent Director0.42yr₹70.00kno data
Stefan Hetges
Non-Executive Director9.42yrs₹10.00kno data
Kasi Venkateshwara Motaparthy
Independent Director8.17yrs₹170.00kno data
Jayalakshmi Kanukollu
Independent Director5.08yrs₹180.00kno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532801BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2007
CTENSEI (National Stock Exchange of India)YesEquity SharesININRFeb 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 13:24
End of Day Share Price2020/04/01 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.