NasdaqGS:CTG

Stock Analysis Report

Executive Summary

Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services company in North America, Europe, and India.

Snowflake

Fundamentals

Mediocre balance sheet with moderate growth potential.

Risks

  • Computer Task Group is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Computer Task Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.7%

NasdaqGS:CTG

-0.7%

US IT

-1.6%

US Market


1 Year Return

-26.6%

NasdaqGS:CTG

17.8%

US IT

-3.0%

US Market

CTG underperformed the IT industry which returned 17.7% over the past year.

CTG underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

CTGIndustryMarket
7 Day5.7%-0.7%-1.6%
30 Day1.1%-4.0%-5.7%
90 Day2.8%6.4%0.2%
1 Year-26.6%-26.6%19.0%17.8%-0.8%-3.0%
3 Year-5.9%-7.1%96.2%87.8%38.1%29.1%
5 Year-62.4%-65.4%137.6%113.4%50.8%34.1%

Price Volatility Vs. Market

How volatile is Computer Task Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Computer Task Group undervalued based on future cash flows and its price relative to the stock market?

0.97x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Computer Task Group to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Computer Task Group to establish if it is available at substantial discount.


Price Based on Earnings

Computer Task Group is loss making, we can't compare its value to the US IT industry average.

Computer Task Group is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Computer Task Group, we can't assess if its growth is good value.


Price Based on Value of Assets

Computer Task Group is good value based on assets compared to the US IT industry average.


Next Steps

Future Growth

How is Computer Task Group expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

118.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Computer Task Group's revenue is expected to grow by 5.5% yearly, however this is not considered high growth (20% yearly).

Computer Task Group's earnings are expected to grow significantly at over 20% yearly.

Computer Task Group's revenue growth is positive but not above the United States of America market average.

Computer Task Group's earnings growth is expected to exceed the United States of America market average.

Computer Task Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Computer Task Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Computer Task Group performed over the past 5 years?

-24.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Computer Task Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Computer Task Group's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Computer Task Group's 1-year growth to the US IT industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Computer Task Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Computer Task Group has efficiently used its assets last year compared to the US IT industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Computer Task Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Computer Task Group's financial position?


Financial Position Analysis

Computer Task Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Computer Task Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Computer Task Group's level of debt (25.7%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Computer Task Group's debt level has increased without past 5-year debt data.

Debt is not well covered by operating cash flow (8.2%, less than 20% of total debt).

Computer Task Group is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 6.3x debt.


Next Steps

Dividend

What is Computer Task Group's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Computer Task Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Computer Task Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Computer Task Group has not reported any payouts.

Unable to verify if Computer Task Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Computer Task Group has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Computer Task Group's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Filip J. Gydé (58yo)

0.4yrs

Tenure

US$744,645

Compensation

Mr. Filip J. L. Gydé has been the Chief Executive Officer and President of Computer Task Group Inc. since March 1, 2019. Mr. Gyde served as Executive Vice President and General Manager & President of CTG E ...


CEO Compensation Analysis

Filip J.'s remuneration is higher than average for companies of similar size in United States of America.

Filip J.'s compensation has increased whilst company is loss making.


Management Age and Tenure

3.5yrs

Average Tenure

58yo

Average Age

The tenure for the Computer Task Group management team is about average.


Board Age and Tenure

3.8yrs

Average Tenure

61yo

Average Age

The tenure for the Computer Task Group board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Tom Niehaus (57yo)

    Executive Vice President of Operations for North America

    • Tenure: 0.3yrs
    • Compensation: US$529.63k
  • Peter Radetich (64yo)

    Senior VP

    • Tenure: 20.3yrs
    • Compensation: US$456.11k
  • Filip J. Gydé (58yo)

    President

    • Tenure: 0.4yrs
    • Compensation: US$744.65k
  • Jim Culligan (64yo)

    Director of Investor Relations & Financial Services

    • Tenure: 8.5yrs
  • John Laubacker (52yo)

    Executive VP

    • Tenure: 2.3yrs
    • Compensation: US$528.12k
  • Elizabeth Savino

    VP of Human Resources & Corporate Officer

    • Tenure: 7.0yrs
  • Amanda LeBlanc

    Chief Marketing Officer & VP of Marketing

    • Tenure: 3.7yrs
  • Laura Momplet

    Chief Operations Officer and Chief Clinical Officer

    • Tenure: 3.5yrs
  • Romulo Juarez

    Managing Director of Delivery

    • Tenure: 0.5yrs

Board Members

  • James Helvey (60yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: US$165.00k
  • Owen Sullivan (61yo)

    Independent Director

    • Tenure: 2.5yrs
    • Compensation: US$150.00k
  • Filip J. Gydé (58yo)

    President

    • Tenure: 0.4yrs
    • Compensation: US$744.65k
  • Dan Sullivan (72yo)

    Non-Executive Chairman & Lead Independent Director

    • Tenure: 4.8yrs
    • Compensation: US$250.00k
  • David Klein (71yo)

    Independent Director

    • Tenure: 6.9yrs
    • Compensation: US$160.00k
  • Val Rahmani (61yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: US$160.00k

Company Information

Computer Task Group, Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Computer Task Group, Incorporated
  • Ticker: CTG
  • Exchange: NasdaqGS
  • Founded: 1966
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: US$63.842m
  • Shares outstanding: 14.44m
  • Website: https://www.ctg.com

Number of Employees


Location

  • Computer Task Group, Incorporated
  • 800 Delaware Avenue
  • Buffalo
  • New York
  • 14209
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CTGNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1972
TSKDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1972

Biography

Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services company in North America, Europe, and India. Its IT solutions includ ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 23:34
End of Day Share Price2019/08/23 00:00
Earnings2019/06/28
Annual Earnings2018/12/31


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.