Dashboard/CAMS

CAMS

OVERVALUED

Computer Age Management Services

Financial Services · NSE

↓ 242.3% vs fair value

52W Low

₹611

+8.8% from low

52W High

₹875

-24.0% from high

News sentiment (5 articles)

1 bull4 neutral0 bear

✦

Analyst Note

Today

CAMS is trading at ₹665.05, significantly overvalued versus its fair value of ₹194.3 with a -239% margin of safety. While the company demonstrates strong fundamentals—notably a 49.5% ROCE, 34.1% ROE, and solid free cash flow of ₹359 Cr—earnings growth has stalled at -0.5% year-on-year despite a strong five-year CAGR of 17.9%, and the valuation multiples (PE 35.5x, PB 13.4x) appear stretched. Sentiment remains neutral with no meaningful shift, and the stock trades below its 50-day and 200-day moving averages. Suited for deep-value investors comfortable waiting for mean reversion or a pullback to intrinsic value.

Valuation Gauge

OVERVALUED-242.3% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹665

Fair Value

₹194

Fair Value Analysis

₹194

Based on balance sheet strength analysis and book value multiple for Financial Services sector companies | Sector-cheap: P/E at 3th percentile vs sector peers. | ROCE improving (latest 54.0%) — capital allocation becoming more efficient.

Medium confidence

Balance Sheet Value

39% weight

₹306

P/B Multiple

62% weight

₹124

Price vs Market

CAMS

Nifty 50

Shareholding Pattern

Stock Health Score

Financially Strong

8.5 / 10

Profitability

10/10

ROE of 34.1% is above the Financial Services sector benchmark of 18% — strong returns

Debt & Leverage

10/10

D/E ratio of 0.1x is well within the Financial Services sector norm of 4.0x — strong balance sheet

Valuation vs Peers

10/10

P/E of 7.8x trades at a 88% discount to Financial Services sector median (65x) — attractively valued

Cash Flow

7/10

Positive operating cash flow of ₹359 Cr — healthy for Financial Services sector

Earnings Growth

6/10

5yr EPS CAGR of 17.9% is below the Financial Services sector average of 23.9%

Dividend

9/10

Dividend yield of 1.9% provides strong shareholder returns (benchmark: 1.5%)

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

2.1%

Free cash flow / market cap

Revenue Growth (YoY)

-6.8%

Year-on-year revenue change

Profit Growth (YoY)

-4.9%

Year-on-year PAT change

Operating Cash Flow

₹477 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹84.4

P/E Ratio

7.8x

P/B Ratio

13.4x

ROE

34.2%

ROCE

49.5%

Debt / Equity

0.06x

Beta

-0.01

Div Yield

1.8%

FCF (Cr)

₹359 Cr

Revenue (Cr)

₹1,422 Cr

EPS Growth 5Y

17.9%

Mkt Cap (Cr)

₹16,389 Cr

52W High

₹875

52W Low

₹611.4

Book Value/Share

₹49.4

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
TTM	₹1.5K Cr	₹660 Cr	45.0%	₹459 Cr	₹18.73
2025-03-31	₹1.4K Cr	₹652 Cr	46.0%	₹465 Cr	₹19.03
2024-03-31	₹1.1K Cr	₹505 Cr	44.0%	₹351 Cr	₹14.39
2023-03-31	₹972 Cr	₹421 Cr	43.0%	₹285 Cr	₹11.64
2022-03-31	₹910 Cr	₹424 Cr	47.0%	₹287 Cr	₹11.74
2021-03-31	₹706 Cr	₹296 Cr	42.0%	₹205 Cr	₹8.41
2020-03-31	₹700 Cr	₹287 Cr	41.0%	₹172 Cr	₹7.05
2019-03-31	₹711 Cr	₹261 Cr	37.0%	₹131 Cr	₹5.35
2018-03-31	₹659 Cr	₹276 Cr	42.0%	₹146 Cr	₹5.99

Compounded Growth Rates

Sales Growth

3Y+15.0%

5Y+15.9%

10Y—

Profit Growth

3Y+17.2%

5Y+17.5%

10Y—

EPS Growth

3Y+17.2%

5Y+17.4%

10Y—

Peer Comparison

Financial Services

Stock	Price	Fair Value	MoS%	P/E	ROE	Signal
MAHSCOOTER Maharashtra Scooters Limited	₹11,800	₹21,844.1	+46.0%	36.4	1.1%	FAIRLY_VALUED
KTKBANK The Karnataka Bank Limited	₹229.6	₹388.7	+40.9%	7.5	9.7%	UNDERVALUED
JMFINANCIL JM Financial Limited	₹122	₹135	+9.6%	9.4	12.4%	FAIRLY_VALUED
SHAREINDIA Share India Securities Limited	₹130.4	₹140.6	+7.2%	10.1	11.4%	FAIRLY_VALUED
GEOJITFSL Geojit Financial Services	₹57.5	₹57.4	-0.2%	17.2	14.2%	FAIRLY_VALUED
JSFB Jana Small Finance Bank Limited	₹385.5	₹337.8	-14.1%	12.6	7.3%	FAIRLY_VALUED
TATAINVEST Tata Investment Corporation Limited	₹595	₹518.8	-14.7%	72.5	1.3%	FAIRLY_VALUED
TSFINV TSF INVESTMENTS LIMITED	₹357.4	₹296.2	-20.7%	16.8	8.0%	OVERVALUED