Cambridge Technology Enterprises Limited, a business and technology services company, provides service-oriented architecture-based enterprise transformation and integration solutions, and services.
Undervalued with excellent balance sheet.
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.
7 Day Return
1 Year Return
Return vs Industry: CTE underperformed the Indian IT industry which returned 10.1% over the past year.
Return vs Market: CTE underperformed the Indian Market which returned 2.6% over the past year.
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 StCambridge Technology Enterprises Limited (NSE:CTE) Looks Inexpensive But Perhaps Not Attractive Enough
2 months ago | Simply Wall StHow Does Cambridge Technology Enterprises's (NSE:CTE) P/E Compare To Its Industry, After Its Big Share Price Gain?
2 months ago | Simply Wall StEvaluating Cambridge Technology Enterprises Limited’s (NSE:CTE) Investments In Its Business
Is Cambridge Technology Enterprises undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CTE (₹22.8) is trading below our estimate of fair value (₹302.5)
Significantly Below Fair Value: CTE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CTE is good value based on its PE Ratio (9.5x) compared to the IN IT industry average (13.3x).
PE vs Market: CTE is good value based on its PE Ratio (9.5x) compared to the Indian market (14x).
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 (0.6x) compared to the IN IT industry average (1.1x).
How is Cambridge Technology Enterprises forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- 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.
How has Cambridge Technology Enterprises performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CTE has high quality earnings.
Growing Profit Margin: CTE's current net profit margins (4.4%) are lower than last year (18.2%).
Past Earnings Growth Analysis
Earnings Trend: CTE's earnings have grown by 11.2% 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 (-74.7%) over the past year, making it difficult to compare to the IT industry average (0.3%).
Return on Equity
High ROE: CTE's Return on Equity (6.5%) is considered low.
How is Cambridge Technology Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: CTE's short term assets (₹513.1M) exceed its short term liabilities (₹213.7M).
Long Term Liabilities: CTE's short term assets (₹513.1M) exceed its long term liabilities (₹86.2M).
Debt to Equity History and Analysis
Debt Level: CTE's debt to equity ratio (12%) 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 debt is well covered by operating cash flow (243.9%).
Interest Coverage: CTE's interest payments on its debt are well covered by EBIT (3.2x coverage).
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 recent payouts.
High Dividend: Unable to evaluate CTE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Swaroop Dharani (61 yo)
Mr. Swaroop Raghurama Dharani has been a Whole Time Director of Cambridge Technology Enterprises Limited since January 28, 1999. Mr. Dharani heads the overall operations in India and specifically responsib ...
CEO Compensation Analysis
Compensation vs Market: Swaroop's total compensation ($USD35.04K) is about average for companies of similar size in the Indian market ($USD49.12K).
Compensation vs Earnings: Swaroop's compensation has been consistent with company performance over the past year.
|Whole Time Director||no data||₹2.63m||1.68% |
|Chief Financial Officer||2yrs||₹2.99m||no data|
|Head of Investor Relations & Manager of Corporate Finance||4.5yrs||₹4.02m||no data|
|Company Secretary & Compliance Officer||2yrs||₹685.64k||no data|
|CTO & Chief Data Scientist||3.75yrs||no data||no data|
|Senior Vice President of Delivery||0.58yr||no data||no data|
|Senior Vice President of Enterprise Solutions||0.58yr||no data||no data|
|Head CLOC Operations||no data||no data||no data|
|Director of Cambridge Bizserve||3.42yrs||no data||no data|
|Director of Delivery||no data||no data||no data|
|Director of Technology & Permanent||no data||no data||no data|
Experienced Management: CTE's management team is considered experienced (2 years average tenure).
|Whole Time Director||no data||₹2.63m||1.68% |
|Non-Executive Independent Director||0.75yr||₹70.00k||no data|
|Non-Executive Director||9.75yrs||₹10.00k||no data|
|Independent Director||8.5yrs||₹170.00k||no data|
|Independent Director||5.42yrs||₹180.00k||no data|
Experienced Board: CTE's board of directors are considered experienced (8.5 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cambridge Technology Enterprises Limited's company bio, employee growth, exchange listings and data sources
- Name: Cambridge Technology Enterprises Limited
- Ticker: CTE
- Exchange: NSEI
- Founded: 1999
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹453.476m
- Shares outstanding: 19.63m
- Website: https://www.ctepl.com
Number of Employees
- Cambridge Technology Enterprises Limited
- Cyber Pearl
- Unit No. 04-03, Level 4
- Andhra Pradesh
|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|
Cambridge Technology Enterprises Limited, a business and technology services company, provides service-oriented architecture-based enterprise transformation and integration solutions, and services. The com ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/11 12:32|
|End of Day Share Price||2020/08/10 00:00|
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.