Cambridge Technology Enterprises (NSE:CTE) Return-on-Tangible-Equity: 20.44% (As of Mar. 2026) — 54% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:CTE Cambridge Technology Enterprises Ltd NSE:CTE
70 GF Score
Price ₹30.38
GF Value ₹62.13
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Cambridge Technology Enterprises Return-on-Tangible-Equity?

Cambridge Technology Enterprises NSE:CTE -0.03% 70 Return-on-Tangible-Equity is 20.44% as of Mar. 2026, which is 54% above its 10-year median of 13.27. GuruFocus rates NSE:CTE with a GF Score™ of 70/100 and a GF Value™ of ₹62.13 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 2,476 Software companies, Cambridge Technology Enterprises ranks worse than 65.95% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Cambridge Technology Enterprises's annualized net income for the quarter that ended in Mar. 2026 was ₹154 Mil. Cambridge Technology Enterprises's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹752 Mil. Therefore, Cambridge Technology Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.44%.

The historical rank and industry rank for Cambridge Technology Enterprises's Return-on-Tangible-Equity or its related term are showing as below:

NSE:CTE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -107.28   Med: 13.27   Max: 55.83
Current: 0.84

During the past 13 years, Cambridge Technology Enterprises's highest Return-on-Tangible-Equity was 55.83%. The lowest was -107.28%. And the median was 13.27%.

NSE:CTE's Return-on-Tangible-Equity is ranked worse than
65.95% of 2476 companies
in the Software industry
Industry Median: 8.82 vs NSE:CTE: 0.84

Cambridge Technology Enterprises  (NSE:CTE) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Cambridge Technology Enterprises Return-on-Tangible-Equity Related Terms


Cambridge Technology Enterprises Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Cambridge Technology Enterprises's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cambridge Technology Enterprises Return-on-Tangible-Equity Chart

Cambridge Technology Enterprises Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.72 10.81 7.74 -107.28 0.91

Cambridge Technology Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -83.82 8.00 -31.86 7.66 20.44

NSE:CTE vs IBM, ACN, FISV: Return-on-Tangible-Equity Comparison

For the Information Technology Services subindustry, Cambridge Technology Enterprises's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cambridge Technology Enterprises Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Cambridge Technology Enterprises's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cambridge Technology Enterprises's Return-on-Tangible-Equity falls into.


NSE:CTE
70GF Score
Cambridge Technology Enterprises Ltd NSE:CTE
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cambridge Technology Enterprises Return-on-Tangible-Equity Calculation

Cambridge Technology Enterprises's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=4.766/( (297.421+751.76 )/ 2 )
=4.766/524.5905
=0.91 %

Cambridge Technology Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=153.648/( (0+751.76)/ 1 )
=153.648/751.76
=20.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 20.44% mean?
Cambridge Technology Enterprises (NSE:CTE) has a Return-on-Tangible-Equity of 20.44% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cambridge Technology Enterprises and its competitors. This is 54% above median its historical median of 13.27. According to the industry distribution chart, Cambridge Technology Enterprises ranks #1633 out of 2476 companies in the Software industry, placing it in the top 66%.
Is Cambridge Technology Enterprises' Return-on-Tangible-Equity too high?
Cambridge Technology Enterprises' current Return-on-Tangible-Equity of 20.44% is 54% above median its 10-year median of 13.27. The Software industry median Return-on-Tangible-Equity is 8.82. Cambridge Technology Enterprises' value of 20.44% is 131.7% above this industry median. Based on the distribution chart, Cambridge Technology Enterprises ranks #1633 out of 2476 companies in the Software industry, which is below the industry midpoint. Overall, Cambridge Technology Enterprises has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cambridge Technology Enterprises' Return-on-Tangible-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Cambridge Technology Enterprises ranks #1633 out of 2476 companies for Return-on-Tangible-Equity. This places Cambridge Technology Enterprises in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.82. Cambridge Technology Enterprises' value of 20.44% is 131.7% above this benchmark. While the company's 10-year median is 13.27 vs. the industry median of 8.82, Cambridge Technology Enterprises has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.82, based on 2,476 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cambridge Technology Enterprises's current Return-on-Tangible-Equity of 20.44% is 131.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cambridge Technology Enterprises and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cambridge Technology Enterprises's current Return-on-Tangible-Equity is 20.44%, which is 54% above median its own 10-year median of 13.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cambridge Technology Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Cambridge Technology Enterprises (NSE:CTE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹62.13, compared to a current price of ₹30.38 — trading 51.1% below its estimated fair value. The current Return-on-Tangible-Equity is 20.44%, which is 54% above median its 10-year median of 13.27 and 131.7% above the Software industry median of 8.82. Cambridge Technology Enterprises' overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Cambridge Technology Enterprises (NSE:CTE), the current Return-on-Tangible-Equity is 20.44% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cambridge Technology Enterprises (NSE:CTE) Overvalued in 2026?

Based on GuruFocus' analysis, Cambridge Technology Enterprises stock appears to be undervalued. The current stock price of ₹30.38 is trading 51.1% below its estimated GF Value™ of ₹62.13. GuruFocus considers Cambridge Technology Enterprises to be Significantly Undervalued.

Key valuation signals for NSE:CTE:

  • Return-on-Tangible-Equity: 20.44% (54% above median its 10-year median of 13.27)
  • GF Value™: ₹62.13 vs. price of ₹30.38 (51.1% below fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 131.7% above the Software median (#1633 of 2476)

No single metric tells the full story. See the NSE:CTE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cambridge Technology Enterprises Business Description

Other Exchanges 532801:India
Address Image Gardens Road, Unit No. 403B & 404, 4th Floor, Capital Park, Plot No. 1-98/4/1-13, 28 & 29, Survey No.72, Madhapur, Hyderabad, TG, IND, 500081
Cambridge Technology Enterprises Ltd is a business and technology company, engaged in software development and information technology (IT) related activities. It offers various services, which include cloud computing, artificial intelligence (AI), enterprise mobility, DevOps, and application development. The company derives revenue from India, the USA, the Philippines, and other regions, of which the maximum revenue is generated from the USA. The company generates revenue from the sale of software services and the sale of software licenses, where the majority of its revenue is derived from the sale of software services.
70GF Score

Get the complete analysis for NSE:CTE

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹30.38
Price
₹62.13
GF Value