Cgi Inc Intrinsic Value – CGI INC Reports Impressive Q1 Earnings for Fiscal Year 2023

March 19, 2023

Earnings Overview

On December 31st 2022, CGI INC ($TSX:GIB.A) reported their fiscal year 2023 Q1 earnings results showing total revenue of CAD 382.4 million, a 4.1% increase year over year. Net income for the quarter was CAD 3450.3 million, an 11.6% growth compared to the same period of the previous year.

Share Price

On Wednesday, CGI Inc. reported impressive first quarter earnings for their fiscal year 2023. The stock opened at 116.8 Canadian dollars and closed at 118.7, an increase of 4.1% from their previous closing price of 114.0. This exceptional performance marks a continuation of the stock’s impressive growth since the start of the year, and suggests that investors are confident in CGI Inc.’s future prospects. The company’s strong earnings were largely driven by their continued success in the IT consulting and digital services industry. Their diversified portfolio of services and products has enabled them to expand into new markets and attract a larger customer base, resulting in higher revenue and increased profits.

CGI Inc. has also managed to keep their costs under control by focusing on efficiency and productivity initiatives. This has allowed them to reduce expenses without sacrificing quality, resulting in higher profits for the company and increased shareholder value. Looking ahead, CGI Inc. is poised to continue its impressive growth in the coming quarters. The company has ambitious plans to expand into new markets and further diversify their product offerings, which could lead to even greater returns for shareholders in the near future. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Cgi Inc. More…

    Total Revenues Net Income Net Margin
    13.23k 1.48k 11.5%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Cgi Inc. More…

    Operations Investing Financing
    1.99k -897.11 -972.31
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Cgi Inc. More…

    Total Assets Total Liabilities Book Value Per Share
    15.92k 8.03k 33.1
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Cgi Inc are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    2.7% 4.4% 15.7%
    FCF Margin ROE ROA
    12.8% 17.1% 8.1%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Cgi Inc Intrinsic Value

    At GoodWhale, we have conducted an analysis of CGI INC‘s financials and our proprietary Valuation Line has determined that the fair value of CGI INC share is around CA$114.6. Therefore, investors may want to assess whether they should purchase this stock at the current prices. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis
  • Peers

    In the global IT services market, CGI Inc faces stiff competition from Indian firms Wipro Ltd, Infosys Ltd, and Tata Consultancy Services Ltd. These companies have been growing rapidly, eating into CGI’s market share. They offer lower prices and often have an advantage in terms of location and language skills.

    – Wipro Ltd ($BSE:507685)

    Wipro Ltd, a leading Indian multinational corporation, has a market capitalization of Rs 2.09 trillion (US$ 30.24 billion) as of March 31, 2020. The company has a return on equity (ROE) of 13.37%. Wipro provides a range of services including IT, business process outsourcing (BPO), consulting, and product engineering. The company has a strong presence in India, the US, Europe, and Asia Pacific.

    – Infosys Ltd ($NYSE:INFY)

    Infosys Ltd is an Indian multinational corporation that provides business consulting, information technology, and outsourcing services. It has a market cap of 75.84B as of 2022 and a Return on Equity of 26.7%. The company was founded in 1981 and is headquartered in Bengaluru, India. Infosys employs over 200,000 people across the globe. The company’s services include application development and maintenance, enterprise resource planning, business intelligence, and customer relationship management.

    – Tata Consultancy Services Ltd ($BSE:532540)

    Tata Consultancy Services Ltd is an Indian multinational information technology company headquartered in Mumbai, Maharashtra, India. It is a subsidiary of the Tata Group and operates in 149 locations across 46 countries. TCS is the second largest Indian company by market capitalization.

    TCS had a market capitalization of ₹11.55 trillion as of March 2021 and ROE of 35.81%. The company provides a range of services in the areas of consulting, enterprise solutions, infrastructure management, and business process outsourcing.


    CGI Inc‘s Q1 earnings for FY 2023 have demonstrated strong growth, with total revenue up 4.1% and net income up 11.6% compared to the prior year. On December 31st, the stock price reacted positively to these results, suggesting that investors have confidence in the company’s trajectory. Moving forward, investors should temper their expectations with caution, as the firm’s performance may not be able to sustain its current rate of growth in the future. It is essential to research other factors such as overall industry performance and product innovation before investing in CGI Inc.

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