COFORGE:NSE-Coforge Limited (INR)

COMMON STOCK | Information Technology Services | NSE

Last Closing Price

INR 3,505.85

Change

+17.80 (+0.51)%

Market Cap

INR 213.55B

Volume

0.20M

Avg Analyst Target

INR 6,032.67 (+72.07%)

Avg User Target

INR
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


COFORGE Stock Forecast & Price:
Based on the Coforge Limited stock forecasts from 2 analysts, the average analyst target price for Coforge Limited is INR 6,032.67 over the next 12 months. Coforge Limited’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Coforge Limited is Neutral, which is based on 8 positive signals and 7 negative signals. At the last closing, Coforge Limited’s stock price was INR 3,505.85. Coforge Limited’s stock price has changed by -7.52% over the past week, -6.76% over the past month and -16.47% over the last year.

About Coforge Limited (COFORGE:NSE)

COFORGE Limited provides information technology (IT) and IT enabled Services in Americas, India, Europe, the Middle East and Africa, and the Asia Pacific. It offers digital process automation services, including workflow/process management, artificial intelligence (AI) and predic ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-07-04 )

Largest Industry Peers for Information Technology Services

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
TCS:NSE Tata Consultancy Services Limi..

-80.05 (-2.41%)

INR11,974.79B 31.58 20.56
INFY:NSE Infosys Limited

+8.60 (+0.58%)

INR6,144.05B 26.53 1,327.21
HCLTECH:NSE HCL Technologies Limited

+9.25 (+0.95%)

INR2,649.41B 18.51 896.04
WIPRO:NSE Wipro Limited

-1.70 (-0.40%)

INR2,306.90B 18.93 11.46
TECHM:NSE Tech Mahindra Limited

-10.75 (-1.06%)

INR983.50B 16.10 10.16
LTI:NSE Larsen & Toubro Infotech Limit..

-24.65 (-0.62%)

INR696.37B 30.36 20.17
MINDTREE:NSE MindTree Limited

-21.70 (-0.75%)

INR470.48B 28.47 18.85
MPHASIS:NSE MphasiS Limited

-12.40 (-0.55%)

INR416.63B 29.97 19.07
LTTS:NSE L&T Technology Services Limite..

-12.50 (-0.42%)

INR311.75B 32.55 20.26
PERSISTENT:NSE Persistent Systems Limited

-54.90 (-1.66%)

INR246.89B 35.76 23.84

ETFs Containing COFORGE

Symbol Name Weight Mer Price(Change) Market Cap
SCIF VanEck Vectors India Smal.. 0.00 % 0.83 %

N/A

INR0.07B

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 -40.48% 32% F 11% F
Dividend Return 0.44% 50% F 29% F
Total Return -40.04% 34% F 11% F
Trailing 12 Months  
Capital Gain -16.91% 35% F 35% F
Dividend Return 1.23% 59% F 63% D
Total Return -15.67% 35% F 35% 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 38.10% 44% F 75% C
Dividend Return 0.09% 9% F 9% F
Total Return 38.19% 43% F 75% C
Risk Return Profile  
Volatility (Standard Deviation) 54.42% 74% C 53% F
Risk Adjusted Return 70.17% 72% C- 88% B+
Market Capitalization 213.55B 83% B 89% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Information Technology Services)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 32.91 26% F 31% F
Price/Book Ratio 8.32 16% F 10% F
Price / Cash Flow Ratio 27.89 36% F 23% F
EV/EBITDA 19.68 29% F 24% F
Management Effectiveness  
Return on Equity 26.98% 81% B- 88% B+
Return on Invested Capital 26.21% 88% B+ 92% A-
Return on Assets 12.91% 83% B 91% A-
Debt to Equity Ratio 12.31% 23% F 50% F
Technical Ratios  
Dividend Yield 1.49% 58% F 65% D
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 0.72 71% C- 60% D-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

No discussions yet

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

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:
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.

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.

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 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.

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 Earnings Growth

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

Superior Revenue Growth

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

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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 compared to book value

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

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.

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 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.