Obermatt

COFORGE

NSI:COFORGE · INE591G01025
IT ServicesLarge

360

60
EV / EBIT15
Price / Owner Earnings13
Owner Earnings Yield14
Dividend Yield47
Price/Sales33
EV / Gross Profit14
Price/Book31
Return on Capital69
Cash Return on Capital54
Return on Equity70
EBIT Margin74
Gross Profitability82
Cash Conversion21
Owner Earnings Margin54
Sales growth87
Profit Growth63
Long-Term EPS Growth95
Reinvestment97
Price momentum37
Debt load65
Refinancing34
Debt Payback100
Liquidity55
Analyst ratings59
Opinion Changes81
Price Target Upside32
Market mood100
Value Creation20/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

COFORGE generates returns well above its cost of capital, the foundation of durable shareholder value.

Based on 3/5 components.

Profile

CountryIndia
IndustryIT Services
SizeLarge
TypePublic Company
ExchangeNSEI
Founded1992
Employees21,105
ISININE591G01025
Last UpdateApr 2, 2026
Themes
Machine LearningProcess AutomationSoftware DevelopmentCloud Data ServicesCloud InfrastructureArtificial IntelligenceData IntegrationPredictive AnalyticsSoftware

Description

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. Business Segments The company is structured around several core business segments…

Analysis

Hope premium

Coforge Limited is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 36.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 14% a year, against analyst forecasts of 25%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is sturdy. The company scores 20/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
94
2023202420252026

All-time high

94

Jun 2026

All-time low

1

Jan 2025

Average rank

34

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
33
48
45
47
Price/Earnings
25
25
31
35
Price/Book
31
14
13
25
Dividend Yield
47
39
50
50
Value (overall)
30
29
30
32

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →