Cognizant (CTSH)
Key Statistics
EV/EBIT = 13.3x
ROE = 16%
Debt/Equity = 9%
FCF Yield = 5.5%
Dividend Yield = 1.6%
Market Cap = $36.94 billion
The Company
Cognizant (CTSH) is a leading IT services and consulting company.
Their extensive range of services includes digital solutions, technology consulting, and business process management, all designed to meet the diverse needs of a global clientele.
While Cognizant offers a wide array of services and is expanding into new areas, it is traditionally recognized for its outsourcing operations.
A U.S. company, such as a bank, might turn to Cognizant to provide labor at a significantly lower cost than domestic workers. Cognizant often supplies short-term workers to meet immediate, labor-intensive needs. These workers are hired on a temporary basis, allowing companies to scale up quickly and then reduce their workforce without incurring substantial early termination costs.