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Cognizant Technology Solutions Corp Class A

Technology US CTSH

77.57USD
1.25(1.64%)

Last update at 2024-11-20T21:00:00Z

Day Range

76.1477.60
LowHigh

52 Week Range

60.1279.75
LowHigh

Fundamentals

  • Previous Close 76.32
  • Market Cap33242.73M
  • Volume2933088
  • P/E Ratio16.03
  • Dividend Yield1.76%
  • EBITDA3422.00M
  • Revenue TTM19301.00M
  • Revenue Per Share TTM38.45
  • Gross Profit TTM 7039.00M
  • Diluted EPS TTM4.17

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 3016.00M 2827.00M 2096.00M 2543.00M 2797.00M
Minority interest - - - - -
Net income 2290.00M 2137.00M 1392.00M 1842.00M 2101.00M
Selling general administrative 3443.00M 3503.00M 3100.00M 2972.00M 3026.00M
Selling and marketing expenses - - - - -
Gross profit 6980.00M 6903.00M 5981.00M 6149.00M 6287.00M
Reconciled depreciation 569.00M 574.00M 559.00M 526.00M 498.00M
Ebit 2968.00M 2826.00M 2114.00M 2453.00M 2976.00M
Ebitda 3597.00M 3430.00M 3003.00M 3358.00M 3436.00M
Depreciation and amortization 629.00M 604.00M 889.00M 905.00M 460.00M
Non operating income net other 71.00M 13.00M 6.00M 58.00M 25.00M
Operating income 2968.00M 2826.00M 2114.00M 2453.00M 2801.00M
Other operating expenses 16460.00M 15681.00M 14323.00M 14113.00M 13324.00M
Interest expense 19.00M 9.00M 24.00M 26.00M 27.00M
Tax provision 730.00M 693.00M 704.00M 643.00M 698.00M
Interest income 59.00M 30.00M 119.00M 176.00M 177.00M
Net interest income 40.00M 21.00M 95.00M 150.00M 150.00M
Extraordinary items - - - - 5.00M
Non recurring - - 215.00M 217.00M -
Other items - - - - -
Income tax expense 730.00M 693.00M 704.00M 643.00M 698.00M
Total revenue 19428.00M 18507.00M 16652.00M 16783.00M 16125.00M
Total operating expenses 4012.00M 4077.00M 3652.00M 3479.00M 3486.00M
Cost of revenue 12448.00M 11604.00M 10671.00M 10634.00M 9838.00M
Total other income expense net 48.00M 1.00M -18.00000M 90.00M -154.00000M
Discontinued operations - - - - -
Net income from continuing ops 2290.00M 2137.00M 1392.00M 1900.00M 2099.00M
Net income applicable to common shares 2290.00M 2137.00M 1392.00M 1842.00M 2101.00M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 18483.00M 17852.00M 17852.00M 16923.00M 16204.00M
Intangible assets 1151.00M 1168.00M 1218.00M 1046.00M 1041.00M
Earning assets - - - - -
Other current assets 1022.00M 969.00M 1066.00M 1040.00M 931.00M
Total liab 5256.00M 5543.00M 5861.00M 6087.00M 5182.00M
Total stockholder equity 13227.00M 12309.00M 11991.00M 10836.00M 11022.00M
Deferred long term liab - 199.00M 394.00M 242.00M 58.00M
Other current liab 2425.00M 2407.00M 2532.00M 2519.00M 2191.00M
Common stock 5.00M 5.00M 5.00M 5.00M 5.00M
Capital stock 5.00M 5.00M 5.00M 5.00M 5.00M
Retained earnings 13301.00M 12588.00M 11922.00M 10689.00M 11022.00M
Other liab - 836.00M 923.00M 1038.00M 739.00M
Good will 6085.00M 5710.00M 5620.00M 5031.00M 3979.00M
Other assets - 1661.00M 1105.00M 2744.00M 1321.00M
Cash 1787.00M 2191.00M 1792.00M 2680.00M 2645.00M
Cash and equivalents - - - - -
Total current liabilities 3333.00M 3347.00M 3529.00M 3540.00M 2983.00M
Current deferred revenue 385.00M 398.00M 403.00M 383.00M 313.00M
Net debt -472.00000M -657.00000M -150.00000M -922.00000M -960.00000M
Short term debt 186.00M 182.00M 233.00M 249.00M 240.00M
Short long term debt 33.00M 8.00M 38.00M 38.00M 38.00M
Short long term debt total 1315.00M 1534.00M 1642.00M 1758.00M 1685.00M
Other stockholder equity 15.00M 15.00M 27.00M 32.00M 33.00M
Property plant equipment - 1101.00M 2104.00M 1251.00M 1309.00M
Total current assets 7506.00M 7266.00M 7342.00M 6851.00M 7611.00M
Long term investments 80.00M 427.00M 463.00M 440.00M 17.00M
Net tangible assets - 5431.00M 5153.00M 4759.00M 6002.00M
Short term investments 848.00M 310.00M 927.00M 44.00M 779.00M
Net receivables 3849.00M 3796.00M 3557.00M 3087.00M 3256.00M
Long term debt 606.00M 638.00M 626.00M 663.00M 700.00M
Inventory - - - - -
Accounts payable 337.00M 360.00M 361.00M 389.00M 239.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -94.00000M -299.00000M 37.00M 110.00M -38.00000M
Additional paid in capital - - - - -
Common stock total equity - 5.00M 5.00M 5.00M 5.00M
Preferred stock total equity - - - - -
Retained earnings total equity - 12588.00M 11922.00M 10689.00M 11022.00M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 649.00M 662.00M 701.00M 846.00M 736.00M
Deferred long term asset charges - - - - 585.00M
Non current assets total 10977.00M 10586.00M 10510.00M 10072.00M 8593.00M
Capital lease obligations 676.00M 888.00M 978.00M 1057.00M 947.00M
Long term debt total - 638.00M 626.00M 663.00M 700.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -106.00000M -915.00000M 283.00M 2597.00M -139.00000M
Change to liabilities -429.00000M -16.00000M 476.00M -95.00000M -34.00000M
Total cashflows from investing activities -106.00000M -2164.00000M -1238.00000M 1588.00M -1627.00000M
Net borrowings -39.00000M -53.00000M -50.00000M -28.00000M -145.00000M
Total cash from financing activities -1939.00000M -1203.00000M -2009.00000M -2569.00000M -1693.00000M
Change to operating activities -49.00000M -488.00000M 813.00M 101.00M 48.00M
Net income 2290.00M 2137.00M 1392.00M 1842.00M 2101.00M
Change in cash 502.00M -888.00000M 35.00M 1484.00M -764.00000M
Begin period cash flow 1792.00M 2680.00M 2645.00M 1161.00M 1925.00M
End period cash flow 2294.00M 1792.00M 2680.00M 2645.00M 1161.00M
Total cash from operating activities 2568.00M 2495.00M 3299.00M 2499.00M 2592.00M
Issuance of capital stock - - - - -
Depreciation 569.00M 574.00M 559.00M 526.00M 498.00M
Other cashflows from investing activities -339.00000M -970.00000M -1123.00000M -617.00000M -1111.00000M
Dividends paid -564.00000M -509.00000M -480.00000M -453.00000M 468.00M
Change to inventory - -65.00000M 375.00M - 272.00M
Change to account receivables -238.00000M -407.00000M 264.00M 37.00M -365.00000M
Sale purchase of stock -1422.00000M -771.00000M -1621.00000M -2247.00000M -1261.00000M
Other cashflows from financing activities 647.00M -2164.00000M -1238.00000M 1588.00M -54.00000M
Change to netincome 33.00M 846.00M 535.00M 30.00M 400.00M
Capital expenditures 332.00M 279.00M 398.00M 392.00M 377.00M
Change receivables -238.00000M -407.00000M 264.00M 37.00M -365.00000M
Cash flows other operating 343.00M 348.00M 73.00M 159.00M -8.00000M
Exchange rate changes - -16.00000M -17.00000M -34.00000M -36.00000M
Cash and cash equivalents changes 523.00M -888.00000M 35.00M 1484.00M -764.00000M
Change in working capital -324.00000M -488.00000M 813.00M 101.00M -407.00000M
Stock based compensation 261.00M 246.00M 232.00M 217.00M 267.00M
Other non cash items 45.00M -1.00000M 119.00M 119.00M 125.00M
Free cash flow 2236.00M 2216.00M 2901.00M 2107.00M 2215.00M

Peer Comparison

Sector: Technology Industry: Information Technology Services

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CTSH
Cognizant Technology Solutions Corp Class A
1.25 1.64% 77.57 16.03 15.06 1.78 2.61 1.71 9.80
ACN
Accenture plc
3.12 0.88% 357.07 27.55 26.11 3.07 7.31 3.04 18.21
IBM
International Business Machines
4.34 2.06% 214.59 20.85 16.29 2.43 6.44 3.21 13.87
FI
Fiserv, Inc.
2.90 1.35% 218.02 28.20 15.58 4.24 2.70 5.45 13.13
INFY
Infosys Ltd ADR
0.18 0.85% 21.91 25.55 22.78 4.20 8.01 4.10 15.87

Reports Covered

Stock Research & News

Profile

Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology. The company provides customer experience, robotic process automation, analytics, and AI services in areas, such as digital lending, fraud detection, and next generation payments; the shift towards consumerism, outcome-based contracting, digital health, delivering integrated seamless, omni-channel, and patient-centered experience; and services that drive operational improvements in areas, such as clinical development, pharmacovigilance, and manufacturing, as well as claims processing, enrollment, membership, and billing to healthcare providers and payers, and life sciences companies, including pharmaceutical, biotech, and medical device companies. It offers solution to manufacturers, automakers, retailers and travel and hospitality companies, as well as companies providing logistics, energy and utility services; and digital content, business process improvement, technology modernization, and the creation of unified and compelling user experience services to communications, media and entertainment, education, and information services and technology companies. The company was incorporated in 1988 and is headquartered in Teaneck, New Jersey.

Cognizant Technology Solutions Corp Class A

300 Frank West Burr Boulevard, Teaneck, NJ, United States, 07666

Key Executives

Name Title Year Born
Mr. Brian Humphries CEO & Director 1974
Mr. Jan Siegmund Chief Financial Officer 1964
Mr. John Sunshin Kim Exec. VP, Gen. Counsel, Chief Corp. Affairs Officer & Sec. 1968
Mr. Rajesh Nambiar MCA Exec. VP, Chairman & Managing Director of Cognizant India 1968
Mr. Srinivasan Veeraraghavachary Exec. VP & Chief Operating Officer 1960
Mr. Robert Telesmanic Sr. VP, Corp. Controller & Chief Accounting Officer 1967
Mr. Anil T. Cheriyan Exec. VP of Strategy and Technology 1958
Mr. Lawrence Wieser Chief Admin. Officer NA
Ms. Katie Royce CFA Global Head of Investor Relations NA
Ms. Rashmi Vasisht VP of Corp. Communications NA

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