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Computer Task Group

Nasdaq:CTG
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CTG
Nasdaq
$57M
Market Cap
  1. Home
  2. US
  3. Software
Company description

Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services company in North America, Europe, and India. The last earnings update was 26 days ago. More info.


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  • Computer Task Group has significant price volatility in the past 3 months.
CTG Share Price and Events
7 Day Returns
5.3%
NasdaqGS:CTG
4.3%
US IT
2.4%
US Market
1 Year Returns
-6.7%
NasdaqGS:CTG
-1.2%
US IT
-10%
US Market
CTG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Computer Task Group (CTG) 5.3% -28.2% -27.3% -6.7% -32.2% -51.8%
US IT 4.3% -10% -15.6% -1.2% 59.3% 77.7%
US Market 2.4% -11% -19.4% -10% 9.6% 21.1%
1 Year Return vs Industry and Market
  • CTG underperformed the IT industry which returned -1.2% over the past year.
  • CTG outperformed the Market in United States of America which returned -10% over the past year.
Price Volatility
CTG
Industry
5yr Volatility vs Market

Value

 Is Computer Task Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Computer Task Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Computer Task Group.

NasdaqGS:CTG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.2%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:CTG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
IT Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.934 (1 + (1- 21%) (46.48%))
1.185
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.19
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.185 * 5.44%)
8.19%

Discounted Cash Flow Calculation for NasdaqGS:CTG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Computer Task Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:CTG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.19%)
2020 5.35 Est @ -8.37% 4.95
2021 5.07 Est @ -5.34% 4.33
2022 4.90 Est @ -3.21% 3.87
2023 4.82 Est @ -1.73% 3.52
2024 4.79 Est @ -0.69% 3.23
2025 4.79 Est @ 0.04% 2.99
2026 4.82 Est @ 0.55% 2.78
2027 4.86 Est @ 0.91% 2.59
2028 4.92 Est @ 1.16% 2.42
2029 4.98 Est @ 1.33% 2.27
Present value of next 10 years cash flows $32.00
NasdaqGS:CTG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $4.98 × (1 + 1.74%) ÷ (8.19% – 1.74%)
$78.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $78.60 ÷ (1 + 8.19%)10
$35.78
NasdaqGS:CTG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $32.00 + $35.78
$67.78
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $67.78 / 15.07
$4.5
NasdaqGS:CTG Discount to Share Price
Calculation Result
Value per share (USD) From above. $4.50
Current discount Discount to share price of $3.79
= -1 x ($3.79 - $4.50) / $4.50
15.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Computer Task Group is available for.
Intrinsic value
16%
Share price is $3.79 vs Future cash flow value of $4.5
Current Discount Checks
For Computer Task Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Computer Task Group's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Computer Task Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Computer Task Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Computer Task Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:CTG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.31
NasdaqGS:CTG Share Price ** NasdaqGS (2020-04-07) in USD $3.79
United States of America IT Industry PE Ratio Median Figure of 71 Publicly-Listed IT Companies 24.84x
United States of America Market PE Ratio Median Figure of 2,948 Publicly-Listed Companies 12.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Computer Task Group.

NasdaqGS:CTG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:CTG Share Price ÷ EPS (both in USD)

= 3.79 ÷ 0.31

12.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Computer Task Group is good value based on earnings compared to the US IT industry average.
  • Computer Task Group is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Computer Task Group's expected growth come at a high price?
Raw Data
NasdaqGS:CTG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America IT Industry PEG Ratio Median Figure of 60 Publicly-Listed IT Companies 1.89x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.92x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Computer Task Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Computer Task Group's assets?
Raw Data
NasdaqGS:CTG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $4.50
NasdaqGS:CTG Share Price * NasdaqGS (2020-04-07) in USD $3.79
United States of America IT Industry PB Ratio Median Figure of 116 Publicly-Listed IT Companies 2.88x
United States of America Market PB Ratio Median Figure of 5,162 Publicly-Listed Companies 1.26x
NasdaqGS:CTG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:CTG Share Price ÷ Book Value per Share (both in USD)

= 3.79 ÷ 4.50

0.84x

* Primary Listing of Computer Task Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Computer Task Group is good value based on assets compared to the US IT industry average.
X
Value checks
We assess Computer Task Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Computer Task Group has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Computer Task Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Computer Task Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.4%
Expected IT industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Computer Task Group expected to grow at an attractive rate?
  • Unable to compare Computer Task Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Computer Task Group's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Computer Task Group's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:CTG Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 16.4%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:CTG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:CTG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqGS:CTG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 394 9 4
2019-09-27 388 4 -3
2019-06-28 381 1 -3
2019-03-29 373 -1 -3
2018-12-31 359 0 -3
2018-09-28 340 -3 2
2018-06-29 324 -5 1
2018-03-30 307 2 0
2017-12-31 301 9 1
2017-09-29 304 10 2
2017-06-30 308 10 -14
2017-03-31 316 10 -13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Computer Task Group is high growth as no earnings estimate data is available.
  • Unable to determine if Computer Task Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:CTG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Computer Task Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:CTG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqGS:CTG Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.31
2019-09-27 -0.21
2019-06-28 -0.19
2019-03-29 -0.19
2018-12-31 -0.20
2018-09-28 0.14
2018-06-29 0.07
2018-03-30 0.03
2017-12-31 0.05
2017-09-29 0.16
2017-06-30 -0.90
2017-03-31 -0.84

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Computer Task Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Computer Task Group is trading at Computer Task Group'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Computer Task Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. Computer Task Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Computer Task Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Computer Task Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Computer Task Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Computer Task Group's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Computer Task Group's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Computer Task Group has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Computer Task Group has become profitable in the last year making it difficult to compare the US IT industry average.
Earnings and Revenue History
Computer Task Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Computer Task Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:CTG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 394.17 4.13 67.62
2019-09-27 387.98 -2.81 66.92
2019-06-28 381.04 -2.60 66.36
2019-03-29 373.29 -2.60 66.24
2018-12-31 358.77 -2.82 65.21
2018-09-28 340.28 2.02 61.05
2018-06-29 324.06 0.98 57.05
2018-03-30 306.92 0.47 53.84
2017-12-31 301.21 0.81 51.41
2017-09-29 304.06 2.37 51.38
2017-06-30 308.08 -13.86 51.88
2017-03-31 316.05 -13.03 53.06
2016-12-31 324.89 -34.64 53.28
2016-09-30 331.60 -33.16 53.61
2016-07-01 346.59 -14.91 54.64
2016-04-01 357.85 -15.61 54.90
2015-12-31 369.48 6.51 56.52
2015-10-02 383.54 5.12 60.01
2015-07-03 387.25 5.77 60.38
2015-04-03 392.83 8.45 61.82
2014-12-31 393.27 10.35 62.19
2014-09-26 397.74 12.83 61.84
2014-06-27 401.67 13.97 62.50
2014-03-28 408.45 14.79 63.02
2013-12-31 419.04 15.68 63.98
2013-09-27 424.23 16.84 64.84
2013-06-28 429.96 16.79 66.53

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Computer Task Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Computer Task Group used its assets less efficiently than the US IT industry average last year based on Return on Assets.
  • Computer Task Group has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Computer Task Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Computer Task Group has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Computer Task Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Computer Task Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Computer Task Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Computer Task Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Computer Task Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 19.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Computer Task Group Company Filings, last reported 3 months ago.

NasdaqGS:CTG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 66.24 5.29 10.78
2019-09-27 66.23 8.60 10.69
2019-06-28 66.04 16.97 11.29
2019-03-29 64.27 13.32 13.13
2018-12-31 64.23 3.64 12.43
2018-09-28 68.53 3.12 10.49
2018-06-29 67.97 6.31 9.72
2018-03-30 80.18 9.02 11.16
2017-12-31 78.62 4.44 11.17
2017-09-29 78.32 0.00 11.45
2017-06-30 78.88 3.00 11.52
2017-03-31 78.14 0.00 10.11
2016-12-31 78.82 4.73 9.41
2016-09-30 80.86 0.50 9.79
2016-07-01 97.35 4.60 10.87
2016-04-01 96.62 1.52 9.43
2015-12-31 117.72 1.23 10.80
2015-10-02 113.70 10.00 20.95
2015-07-03 112.28 0.00 31.44
2015-04-03 111.34 0.00 34.42
2014-12-31 110.97 0.00 40.86
2014-09-26 115.69 0.00 28.26
2014-06-27 113.42 0.00 31.65
2014-03-28 113.47 0.00 32.31
2013-12-31 113.84 0.00 46.23
2013-09-27 110.21 0.00 31.53
2013-06-28 109.86 0.00 33.97
  • Computer Task Group's level of debt (8%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Computer Task Group's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (161.2%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 11.9x coverage).
X
Financial health checks
We assess Computer Task Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Computer Task Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Computer Task Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Computer Task Group dividends.
If you bought $2,000 of Computer Task Group shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Computer Task Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Computer Task Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:CTG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1935 Stocks 2.9%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.9%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:CTG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
NasdaqGS:CTG Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-07-27 0.000 0.000
2018-07-19 0.000 0.000
2018-05-04 0.000 0.000
2018-04-19 0.000 0.000
2018-03-14 0.000 0.000
2018-02-20 0.000 0.000
2017-10-26 0.000 0.000
2017-10-24 0.000 0.000
2017-07-28 0.000 0.000
2017-07-25 0.000 0.000
2017-05-04 0.000 0.000
2017-04-25 0.000 0.000
2017-02-24 0.000 0.000
2017-02-21 0.000 0.000
2016-09-15 0.240 5.373
2016-05-06 0.240 4.805
2016-04-26 0.240 4.708
2015-11-13 0.240 4.159
2015-09-10 0.240 3.573
2015-05-19 0.240 3.326
2015-02-24 0.240 3.124
2014-12-01 0.240 2.812
2014-09-11 0.240 2.396
2014-05-08 0.240 1.641
2014-02-25 0.240 1.458
2013-11-14 0.200 1.139
2013-09-11 0.200 1.145
2013-05-09 0.200 0.956
2013-02-19 0.200 0.963

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Computer Task Group has not reported any payouts.
  • Unable to verify if Computer Task Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Computer Task Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Computer Task Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Computer Task Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Computer Task Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Computer Task Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Computer Task Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Filip J. Gydé
COMPENSATION $1,413,751
AGE 58
TENURE AS CEO 1.1 years
CEO Bio

Mr. Filip J. L. Gydé has been the Chief Executive Officer and President of Computer Task Group Inc. since March 01, 2019. Mr. Gyde served as Executive Vice President and General Manager & President of CTG Europe at Computer Task Group, Inc. since May 08, 2018 until February 28, 2019. He was Senior Vice President and General Manager for the Computer Task Group’s European operations since April 6, 2015 till May 07, 2018. Mr. Gyde served as General Manager of CTG Europe at Computer Task Group Inc. Mr. Gydé served as Interim Executive Vice President of Operations at Computer Task Group Inc from October 2014 to March 31, 2015. He served as Senior Vice President and General Manager of CTG Europe at Computer Task Group Inc from October 1, 2000 to October 14, 2014. Mr. Gydé served as a Vice President of Computer Task Group Inc. since October 1, 2000. He served as the Managing Director of Computer Task Group Inc.’s Belgium operation. He has been with Computer Task Group Inc. since May 1987.

CEO Compensation
  • Filip J.'s compensation has increased in line with Computer Task Group recently becoming profitable.
  • Filip J.'s remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Computer Task Group management team in years:

4.2
Average Tenure
58
Average Age
  • The tenure for the Computer Task Group management team is about average.
Management Team

Filip J. Gydé

TITLE
President
COMPENSATION
$1M
AGE
58
TENURE
1.1 yrs

John Laubacker

TITLE
Executive VP
COMPENSATION
$902K
AGE
52
TENURE
3 yrs

Peter Radetich

TITLE
Senior VP
COMPENSATION
$734K
AGE
64
TENURE
21 yrs

Tom Niehaus

TITLE
Executive VP of Operations & GM of North America
COMPENSATION
$542K
AGE
57
TENURE
0.9 yrs

Laura Momplet

TITLE
Chief Operations Officer and Chief Clinical Officer
TENURE
4.2 yrs

Jim Culligan

TITLE
Director of Investor Relations & Financial Services
AGE
64
TENURE
9.2 yrs

Amanda LeBlanc

TITLE
Chief Marketing Officer & VP of Marketing
TENURE
4.3 yrs

Elizabeth Savino

TITLE
VP of Human Resources & Corporate Officer
TENURE
7.7 yrs

Romulo Juarez

TITLE
Managing Director of Delivery
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Computer Task Group board of directors in years:

4.4
Average Tenure
61
Average Age
  • The tenure for the Computer Task Group board of directors is about average.
Board of Directors

Dan Sullivan

TITLE
Non-Executive Chairman & Lead Independent Director
COMPENSATION
$250K
AGE
72
TENURE
5.5 yrs

Filip J. Gydé

TITLE
President
COMPENSATION
$1M
AGE
58
TENURE
1.1 yrs

David Klein

TITLE
Independent Director
COMPENSATION
$160K
AGE
71
TENURE
7.6 yrs

James Helvey

TITLE
Independent Director
COMPENSATION
$165K
AGE
60
TENURE
4.4 yrs

Val Rahmani

TITLE
Independent Director
COMPENSATION
$160K
AGE
61
TENURE
4.4 yrs

Owen Sullivan

TITLE
Independent Director
COMPENSATION
$150K
AGE
61
TENURE
3.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
14. Jan 20 Sell Wax Asset Management, LLC Company 14. Nov 19 06. Jan 20 -25,285 $5.73 $-126,186
14. Jan 20 Buy Wax Asset Management, LLC Company 06. Dec 19 24. Dec 19 1,200 $5.48 $6,519
11. Oct 19 Buy Assurance Global Services LLC Company 24. Sep 19 10. Oct 19 146,157 $5.00 $718,671
11. Oct 19 Sell Wax Asset Management, LLC Company 23. Sep 19 23. Sep 19 -5,822 $4.81 $-27,981
28. Aug 19 Buy Assurance Global Services LLC Company 19. Aug 19 27. Aug 19 119,135 $4.43 $510,905
28. Aug 19 Buy Wax Asset Management, LLC Company 01. Jul 19 19. Aug 19 192,365 $4.17 $790,955
X
Management checks
We assess Computer Task Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Computer Task Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Computer Task Group (NASDAQ:CTG) Has A Pretty Healthy Balance Sheet

As with many other companies Computer Task Group, Incorporated (NASDAQ:CTG) makes use of debt. … NasdaqGS:CTG Historical Debt, August 14th 2019 How Healthy Is Computer Task Group's Balance Sheet? … Our View Computer Task Group's EBIT growth rate suggests it can handle its debt as easily as Cristiano Ronaldo could score a goal against an under 14's goalkeeper.

Simply Wall St -

What Kind Of Shareholder Owns Most Computer Task Group, Incorporated (NASDAQ:CTG) Stock?

The big shareholder groups in Computer Task Group, Incorporated (NASDAQ:CTG) have power over the company. … Computer Task Group is a smaller company with a market capitalization of US$56m, so it may still be flying under the radar of many institutional investors. … Insider Ownership Of Computer Task Group The definition of company insiders can be subjective, and does vary between jurisdictions.

Simply Wall St -

The Computer Task Group (NASDAQ:CTG) Share Price Is Down 71% So Some Shareholders Are Rather Upset

For example, after five long years the Computer Task Group, Incorporated (NASDAQ:CTG) share price is a whole 71% lower. … That's an unpleasant experience for long term holders. … During five years of share price growth, Computer Task Group moved from a loss to profitability.

Simply Wall St -

Is Computer Task Group, Incorporated (NASDAQ:CTG) Excessively Paying Its CEO?

How Does Bud Crumlish's Compensation Compare With Similar Sized Companies. … According to our data, Computer Task Group, Incorporated has a market capitalization of US$58m, and pays its CEO total annual compensation worth US$677k. … We examined a group of similar sized companies, with market capitalizations of below US$200m

Simply Wall St -

Should We Worry About Computer Task Group, Incorporated's (NASDAQ:CTG) P/E Ratio?

We'll show how you can use Computer Task Group, Incorporated's (NASDAQ:CTG) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Computer Task Group's P/E ratio is 29.48. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

What Type Of Shareholder Owns Computer Task Group, Incorporated's (NASDAQ:CTG)?

Every investor in Computer Task Group, Incorporated (NASDAQ:CTG) should be aware of the most powerful shareholder groups. … Computer Task Group is not a large company by global standards. … View our latest analysis for Computer Task Group

Simply Wall St -

Should You Worry About Computer Task Group, Incorporated’s (NASDAQ:CTG) ROCE?

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … Analysts use this formula to calculate return on capital employed:

Simply Wall St -

With A 3.0% Return On Equity, Is Computer Task Group Incorporated (NASDAQ:CTG) A Quality Stock?

Our data shows Computer Task Group has a return on equity of 3.0% for the last year. … View our latest analysis for Computer Task Group? … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Is Computer Task Group Incorporated (NASDAQ:CTG) Attractive At Its Current PE Ratio?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … Computer Task Group Incorporated (NASDAQ:CTG) trades with a trailing P/E of 32.3, which is higher than the industry average of 26.7. … Check out our latest analysis for Computer Task Group

Simply Wall St -

What Should Investors Know About Computer Task Group Incorporated's (NASDAQ:CTG) Capital Returns?

and want to begin learning the link between Computer Task Group Incorporated (NASDAQ:CTG)’s return fundamentals and stock market performance. … This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … Therefore, looking at how efficiently Computer Task Group is able to use capital to create earnings will help us understand your potential return.

Simply Wall St -

Company Info

Description

Computer Task Group, Incorporated, together with its subsidiaries, operates as an information technology solutions and staffing services company in North America, Europe, and India. Its IT solutions include the implementation and optimization of packaged software applications; development and deployment of customized software and solutions designed to fit the needs of a specific client or market; and design and distribution of complex technology components, as well as offers consulting services. The company’s IT and other staffing services include recruiting, retaining, and managing IT and other talent primarily for technology service providers and other companies with multiple locations. It serves technology service and healthcare providers, and health insurers, as well as manufacturing, life sciences, energy, and financial services companies. Computer Task Group, Incorporated was founded in 1966 and is headquartered in Buffalo, New York.

Details
Name: Computer Task Group, Incorporated
CTG
Exchange: NasdaqGS
Founded: 1966
$57,111,953
15,069,117
Website: http://www.ctg.com
Address: Computer Task Group, Incorporated
800 Delaware Avenue,
Buffalo,
New York, 14209,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS CTG Common Stock Nasdaq Global Select US USD 13. Dec 1972
DB TSK Common Stock Deutsche Boerse AG DE EUR 13. Dec 1972
Number of employees
Current staff
Staff numbers
3,950
Computer Task Group employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 03:37
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/02/25
Last earnings filing: 2020/03/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.