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

Fundamentals

Outstanding track record with adequate 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


Market Performance


7 Day Return

-7.9%

CTE

0.6%

IN IT

3.2%

IN Market


1 Year Return

-49.7%

CTE

6.5%

IN IT

5.6%

IN Market

Return vs Industry: CTE underperformed the Indian IT industry which returned 6.5% over the past year.

Return vs Market: CTE underperformed the Indian Market which returned 5.6% over the past year.


Shareholder returns

CTEIndustryMarket
7 Day-7.9%0.6%3.2%
30 Day-19.6%-3.7%6.0%
90 Day-27.7%-1.1%2.0%
1 Year-49.7%-49.7%9.5%6.5%7.8%5.6%
3 Year-79.2%-79.2%61.9%52.5%22.6%16.3%
5 Year310.3%310.3%68.1%52.8%43.1%29.6%

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?

3.01x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate CTE's fair value to establish if it is undervalued.

Significantly Undervalued: 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 (3x) compared to the IT industry average (11.5x).

PE vs Market: CTE is good value based on its PE Ratio (3x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

Low 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 (0.9x) compared to the IN IT industry average (1x).


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?

-0.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CTE's earnings are forecast to decline over the next 3 years (-0.7% per year).

Earnings vs Market: CTE's earnings are forecast to decline over the next 3 years (-0.7% per year).

High Growth Earnings: CTE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if CTE's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if CTE's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Cambridge Technology Enterprises performed over the past 5 years?

34.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CTE's earnings have grown significantly by 34.3% per year over the past 5 years.

Accelerating Growth: CTE's earnings growth over the past year (39.1%) exceeds its 5-year average (34.3% per year).

Earnings vs Industry: CTE earnings growth over the past year (39.1%) exceeded the IT industry 13%.


Return on Equity

High ROE: CTE's Return on Equity (30%) is considered high.


Return on Assets

ROA vs Industry: CTE has a higher Return on Assets than the IT industry average last year.


Return on Capital Employed

ROCE Improving: CTE has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Cambridge Technology Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: CTE's short term assets (₹739.6M) exceeds its short term liabilities (₹428.0M)

Long Term Liabilities: CTE's short term assets (739.6M) exceeds its long term liabilities (34.9M)


Debt to Equity History and Analysis

Debt Level: CTE's debt to equity ratio (24.6%) 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 (12x 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 4.925300x debt).


Next Steps

Dividend

What is Cambridge Technology Enterprises's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.4%industryaverage1.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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.

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

What is the CEO of Cambridge Technology Enterprises's salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average management tenure


CEO

Aashish Kalra 0

4.1yrs

Tenure

0

Mr. Aashish Kalra is a Co-Founder and serves as Managing Director at Trikona Advisors. Mr. Kalra has been Chairman and Chief Executive Officer of Cambridge Technology Enterprises Limited since September 8, ...


Management Age and Tenure

2.9yrs

Average Tenure

47yo

Average Age

Experienced Management: CTE's management team is considered experienced (2.9 years average tenure).


Board Age and Tenure

6.1yrs

Average Tenure

58yo

Average Age

Experienced Board: CTE's board of directors are considered experienced (6.1 years average tenure).


Insider Trading

Insider Buying: CTE insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Buy₹1,001,78017 Oct 19
Devinder Kalra
EntityIndividual
Shares34,325
Max Price₹29.19

Ownership Breakdown


Management Team

  • Aashish Kalra

    Chairman & CEO

    • Tenure: 4.1yrs
  • Swaroop Dharani (60yo)

    Whole Time Director

    • Tenure: 20.8yrs
    • Compensation: ₹2.63m
  • Alan Roth

    General Counsel

    • Tenure: 3.7yrs
  • Hanumant Bhansali

    Head of Investor Relations & Manager of Corporate Finance

    • Tenure: 3.7yrs
    • Compensation: ₹4.02m
  • Radha Raghupathy (49yo)

    Director of Cambridge Bizserve

    • Tenure: 2.6yrs
  • Riaz Mohammad (45yo)

    Director of Delivery

    • Tenure: 0yrs
  • Rajan Lukose

    CTO & Chief Data Scientist

    • Tenure: 2.9yrs
  • Md Ahmed (38yo)

    Head CLOC Operations

    • Tenure: 0yrs
  • Chirravuri Leeladhar

    Chief Financial Officer

    • Tenure: 1.2yrs
    • Compensation: ₹2.99m
  • Ashish Bhattad

    Company Secretary & Compliance Officer

    • Tenure: 1.2yrs
    • Compensation: ₹685.64k

Board Members

  • Aashish Kalra

    Chairman & CEO

    • Tenure: 4.1yrs
  • Swaroop Dharani (60yo)

    Whole Time Director

    • Tenure: 20.8yrs
    • Compensation: ₹2.63m
  • Usha Srikanth (58yo)

    Independent Director

    • Tenure: 1.2yrs
    • Compensation: ₹20.00k
  • Stefan Hetges (56yo)

    Non-Executive Director

    • Tenure: 8.9yrs
    • Compensation: ₹10.00k
  • Venkat Motaparthy (58yo)

    Independent Director

    • Tenure: 7.7yrs
    • Compensation: ₹170.00k
  • Jayalakshmi Kanukollu

    Independent Director

    • Tenure: 4.6yrs
    • Compensation: ₹180.00k

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: ₹552.613m
  • 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 com ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 12:49
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.