Risk factor
Limited trading liquidity
Profitability factor
Very strong margins and returns
About
Cigniti Technologies Limited provides software testing services worldwide. The company offers digital assurance services, such as artificial intelligence, Internet of Things, blockchain, big data and analytics, and mobile testing services, as well as digital assurance and testing, robotic process automation, cloud migration assurance, and 5G assurance services. It also provides quality engineering services, including DevOps testing, compatibility testing, functional testing, performance testing, security testing, regression testing, test automation, and crowdsourced testing. In addition, the company offers enterprise application assurance services comprising medical device testing, ERP testing, and salesforce testing; and test management services, such as agile testing, service virtualization, and test data management; and test advisory and transformation services. It serves the airlines, banking, communications, energy and utilities, financial services, healthcare and life sciences, insurance, logistics, manufacturing, media and entertainment, retail and ecommerce, and travel and hospitality industries. The company was formerly known as Chakkilam Infotech Limited. Cigniti Technologies Limited was incorporated in 1998 and is headquartered in Hyderabad, India.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT