COFORGE:NSE:NSE-Coforge Limited (INR)

COMMON STOCK | Information Technology Services |

Last Closing

USD 7125.55

Change

+65.40 (+0.93)%

Market Cap

USD 484.39B

Volume

0.53M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Coforge Limited provides information technology (IT) and IT enabled services in India, the Americas, Europe, the Middle East and Africa, India, and the Asia Pacific. The company offers digital process automation services, including workflow/process management, artificial intelligence (AI) and predictive analytics, RPA, and case management; digital services, such as interactive services, product engineering, enterprise, and intelligent automation; and cloud and infrastructure management services comprising cloud, workplace, cybersecurity, data center, and always on network, as well as service integration services. It also offers cybersecurity services, which include security incident management; vulnerability management; threat intelligence; identity and access management; phishing, analysis, and training; governance & risk management; and workplace security. In addition, the company provides AI and machine learning, business analytics and BI, data engineering and management, D&A Ops, and advisory services. Further, it offers engineering services consisting of product quality, advisory consulting, automation engineering, business assurance testing, enterprise and product testing, AI, and ML infused testing services. Additionally, the company provides business process solutions. Coforge Limited serves insurance, travel, tourism, hospitality, banking and financial services, retail, healthcare, and public sectors. It has strategic alliances with Kong Inc. for cloud API services; and Newgen Software Technologies Limited to enhance digital operations for organizations. The company was formerly known as NIIT Technologies Limited and changed its name to Coforge Limited in August 2020. Coforge Limited was incorporated in 1992 and is based in Noida, India. Address: Special Economic Zone, Greater Noida, India, 201308

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-10-04 )

Largest Industry Peers for Information Technology Services

Symbol Name Price(Change) Market Cap
TCS:NSE Tata Consultancy Services Limi..

+19.50 (+0.46%)

USD 15,792.96B
INFY:NSE Infosys Limited

+24.75 (+1.31%)

USD 7,870.65B
HCLTECH:NSE HCL Technologies Limited

-1.95 (-0.11%)

USD 4,827.33B
WIPRO:NSE Wipro Limited

+3.40 (+0.64%)

USD 2,830.60B
TECHM:NSE Tech Mahindra Limited

+12.40 (+0.77%)

USD 1,420.73B
PERSISTENT:NSE Persistent Systems Limited

-108.95 (-2.08%)

USD 826.60B
LTTS:NSE L&T Technology Services Limite..

-28.35 (-0.56%)

USD 577.87B
MPHASIS:NSE MphasiS Limited

-74.40 (-2.55%)

USD 577.83B
KPITTECH:NSE KPIT Technologies Limited

+15.20 (+0.91%)

USD 454.65B
FSL:NSE Firstsource Solutions Limited

-3.40 (-1.11%)

USD 227.04B

ETFs Containing COFORGE:NSE

SMIN 1.27 % 0.00 %

N/A

N/A
HESS:PA HSBC MSCI Emerging Market.. 0.64 % 0.00 %

+0.09 (+0%)

N/A
H41F:XETRA HSBC MSCI Emerging Market.. 0.64 % 0.00 %

+0.05 (+0%)

USD 0.04B
HESC:SW HSBC MSCI Emerging Market.. 0.64 % 0.00 %

N/A

USD 0.05B
IEMS:SW iShares MSCI EM Small Cap.. 0.35 % 0.00 %

-0.53 (0%)

USD 0.38B
EEMS iShares MSCI Emerging Mar.. 0.00 % 0.67 %

+0.14 (+0%)

N/A
SCIF 0.00 % 0.83 %

N/A

N/A
EUNI:F iShares III Public Limite.. 0.00 % 0.00 %

+0.32 (+0%)

N/A
SPYX:F SSgA SPDR ETFs Europe I P.. 0.00 % 0.00 %

+0.76 (+0%)

USD 0.30B
EUNI:XETRA iShares MSCI Emerging Mar.. 0.00 % 0.00 %

-0.36 (0%)

USD 0.47B
SPYX:XETRA SSgA SPDR ETFs Europe I P.. 0.00 % 0.00 %

+0.32 (+0%)

USD 0.30B

Market Performance

  Market Performance vs. Industry/Classification (Information Technology Services) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 15.07% 58% F 45% F
Dividend Return 0.92% 64% D 67% D+
Total Return 15.99% 58% F 46% F
Trailing 12 Months  
Capital Gain 37.41% 61% D- 54% F
Dividend Return 1.47% 62% D 74% C
Total Return 38.88% 59% D- 55% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 25.41% N/A N/A 36% F
Dividend Return 26.30% N/A N/A 36% F
Total Return 0.88% N/A N/A 59% D-
Risk Return Profile  
Volatility (Standard Deviation) 45.09% N/A N/A 57% F
Risk Adjusted Return 58.31% N/A N/A 35% F
Market Capitalization 484.39B 87% B+ 90% A-

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.