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CYIE

CyientNSEI:CYIENT Stock Report

Market Cap

₹118.5b

7D

-5.2%

1Y

119.8%

Updated

26 Nov, 2021

Data

Company Financials +
CYIENT fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends5/6

CYIENT Stock Overview

Cyient Limited provides geospatial, engineering design, information technology (IT) solutions, and data analytic services in North America, Europe, and the Asia Pacific.

Cyient Competitors

Tata Elxsi

BSE:500408

₹363.3b

L&T Technology Services

NSEI:LTTS

₹556.8b

Rolta India

BSE:500366

₹866.5m

Cadsys (India)

NSEI:CADSYS

₹196.9m

Price History & Performance

Summary of all time highs, changes and price drops for Cyient
Historical stock prices
Current Share Price₹1,075.00
52 Week High₹1,292.00
52 Week Low₹442.10
Beta1.12
1 Month Change-0.97%
3 Month Change13.73%
1 Year Change119.77%
3 Year Change79.59%
5 Year Change117.96%
Change since IPO4,104.69%

Recent News & Updates

Oct 18
Returns On Capital At Cyient (NSE:CYIENT) Have Hit The Brakes

Returns On Capital At Cyient (NSE:CYIENT) Have Hit The Brakes

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...

Oct 05
Cyient (NSE:CYIENT) Could Easily Take On More Debt

Cyient (NSE:CYIENT) Could Easily Take On More Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Shareholder Returns

CYIENTIN SoftwareIN Market
7D-5.2%-3.5%-3.3%
1Y119.8%106.3%43.0%

Return vs Industry: CYIENT exceeded the Indian Software industry which returned 118.7% over the past year.

Return vs Market: CYIENT exceeded the Indian Market which returned 47.7% over the past year.

Price Volatility

Is CYIENT's price volatile compared to industry and market?
CYIENT volatility
CYIENT Average Weekly Movement5.7%
Software Industry Average Movement6.6%
Market Average Movement6.0%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.8%

Stable Share Price: CYIENT is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CYIENT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199112,433Bodanapu Ganesh Krishnahttps://www.cyient.com

Cyient Limited provides geospatial, engineering design, information technology (IT) solutions, and data analytic services in North America, Europe, and the Asia Pacific. The company operates in Services and Design Led Manufacturing segments. It offers engineering services, such as systems, mechanical, electrical, manufacturing, plant, network, and field engineering, as well as aftermarket, embedded software and electronics, engineering application software development, semiconductor design, and intellectual property and allied services.

Cyient Fundamentals Summary

How do Cyient's earnings and revenue compare to its market cap?
CYIENT fundamental statistics
Market Cap₹118.47b
Earnings (TTM)₹4.35b
Revenue (TTM)₹43.07b

27.2x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CYIENT income statement (TTM)
Revenue₹43.07b
Cost of Revenue₹28.66b
Gross Profit₹14.41b
Expenses₹10.06b
Earnings₹4.35b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Jan 20, 2022

Earnings per share (EPS)39.43
Gross Margin33.46%
Net Profit Margin10.09%
Debt/Equity Ratio10.8%

How did CYIENT perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

43%

Payout Ratio

Valuation

Is Cyient undervalued compared to its fair value and its price relative to the market?

27.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CYIENT (₹1075) is trading above our estimate of fair value (₹801.28)

Significantly Below Fair Value: CYIENT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CYIENT is good value based on its PE Ratio (27.2x) compared to the Indian Software industry average (27.8x).

PE vs Market: CYIENT is poor value based on its PE Ratio (27.2x) compared to the Indian market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: CYIENT is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: CYIENT is overvalued based on its PB Ratio (4x) compared to the IN Software industry average (2.2x).


Future Growth

How is Cyient forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

15.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CYIENT's forecast earnings growth (15.1% per year) is above the savings rate (6.7%).

Earnings vs Market: CYIENT's earnings (15.1% per year) are forecast to grow slower than the Indian market (20.1% per year).

High Growth Earnings: CYIENT's earnings are forecast to grow, but not significantly.

Revenue vs Market: CYIENT's revenue (11.9% per year) is forecast to grow slower than the Indian market (12.7% per year).

High Growth Revenue: CYIENT's revenue (11.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CYIENT's Return on Equity is forecast to be low in 3 years time (19.5%).


Past Performance

How has Cyient performed over the past 5 years?

1.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CYIENT has high quality earnings.

Growing Profit Margin: CYIENT's current net profit margins (10.1%) are higher than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: CYIENT's earnings have grown by 1.5% per year over the past 5 years.

Accelerating Growth: CYIENT's earnings growth over the past year (36.4%) exceeds its 5-year average (1.5% per year).

Earnings vs Industry: CYIENT earnings growth over the past year (36.4%) underperformed the Software industry 48.5%.


Return on Equity

High ROE: CYIENT's Return on Equity (14.9%) is considered low.


Financial Health

How is Cyient's financial position?


Financial Position Analysis

Short Term Liabilities: CYIENT's short term assets (₹28.5B) exceed its short term liabilities (₹11.8B).

Long Term Liabilities: CYIENT's short term assets (₹28.5B) exceed its long term liabilities (₹4.1B).


Debt to Equity History and Analysis

Debt Level: CYIENT has more cash than its total debt.

Reducing Debt: CYIENT's debt to equity ratio has increased from 7.8% to 10.8% over the past 5 years.

Debt Coverage: CYIENT's debt is well covered by operating cash flow (218.6%).

Interest Coverage: CYIENT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Cyient current dividend yield, its reliability and sustainability?

1.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CYIENT's dividend (1.86%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: CYIENT's dividend (1.86%) is in the top 25% of dividend payers in the Indian market (1.44%)


Stability and Growth of Payments

Stable Dividend: CYIENT's dividend payments have been volatile in the past 10 years.

Growing Dividend: CYIENT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (42.9%), CYIENT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CYIENT's dividends in 3 years are forecast to be well covered by earnings (37.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Bodanapu Ganesh Krishna (45 yo)

7.58yrs

Tenure

₹117,567,286

Compensation

Mr. Bodanapu Ganesh Venkat Krishna has been the Chief Executive Officer and Managing Director of Cyient Limited (formerly, Infotech Enterprises Ltd) since April 24, 2014. He joined Cyient Limited as a Sale...


CEO Compensation Analysis

Compensation vs Market: Bodanapu Ganesh's total compensation ($USD1.58M) is above average for companies of similar size in the Indian market ($USD425.71K).

Compensation vs Earnings: Bodanapu Ganesh's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CYIENT's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: CYIENT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CYIENT insiders have only sold shares 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

Cyient Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Cyient Limited
  • Ticker: CYIENT
  • Exchange: NSEI
  • Founded: 1991
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: ₹118.473b
  • Shares outstanding: 110.27m
  • Website: https://www.cyient.com

Number of Employees


Location

  • Cyient Limited
  • Plot No. 11
  • Software Units Layout
  • Hyderabad
  • 500081
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 15:52
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.