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Computer Age Management Services Limited (CAMS) Fair Value & Analysis

Technology · IN · Market cap ₹199B

CA Computer Age Management Services Limited CAMS · NSE
Price₹777.40
Fair Value₹549.49
Upside-29.3%
Quality59/100
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Healthy Growth
Highly profitable · 31.4% net margin
generates free cash flow
1.57% dividend yield
Mixed vs. peers (7/13)
Wide moat 96/100
Evidence: High Range ₹355.50 – ₹681.74 Share as image

Fair value as of: Aug 2, 2026

From 26 valuation models · updated 11 days ago

Share price −1.1% over the past month.

A solid business, but screening 29% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹681.74). The favourable scenario is already priced in.
  • Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹355.50 to ₹681.74) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹78,468 ₹367.26 Fair Value ₹549.49 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹367.26 – ₹78,468 · fair‑value band ₹355.50 – ₹681.74 · the ₹777.40 price screens above the ₹549.49 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Computer Age Management Services Limited (CAMS) currently trades at ₹777.40, while our model-based Fair Value estimate is ₹549.49, implying the stock looks roughly 29.3% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Computer Age Management Services Limited generated revenue of ₹15.2B at a net margin of 31.4%. Revenue grew 11.0% year over year. It earns a return on equity of 38.7%. The balance sheet holds a net cash position of ₹3.4B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹355.50 (bear case) to ₹681.74 (bull case); at ₹777.40, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 27% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -29%, CAMS screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹120.06 ₹149.34 ₹739.07 76
Growth DCF ₹261.19 ₹443.55 ₹751.82 72
Gordon GGM ₹112.65 ₹234.23 ₹371.58 70
All 26 models by family
DCF Models
FCF DCF ₹262.86 ₹461.01 ₹804.76 38
Owner Earnings ₹241.41 ₹422.31 ₹736.14 31
5Y Revenue Exit ₹167.28 ₹257.70 ₹376.49 39
5Y EBITDA Exit ₹263.69 ₹456.05 ₹696.60 41
5Y P/E Exit ₹275.59 ₹480.52 ₹714.46 38
10Y Revenue Exit ₹193.83 ₹290.41 ₹431.34 36
10Y EBITDA Exit ₹261.35 ₹435.57 ₹698.75 37
10Y P/E Exit ₹269.24 ₹453.48 ₹713.67 35
Earnings-Based
Graham-Dodd ₹130.41 ₹600.43 ₹824.34 54
Lynch FV ₹157.87 ₹225.53 ₹293.19 50
PEG = 1.0 ₹157.87 ₹225.53 ₹293.19 46
EPV ₹180.93 ₹208.34 ₹232.33 59
Dividend Discount
Gordon GGM ₹112.65 ₹234.23 ₹371.58 70
DDM Multi-Stage ₹112.65 ₹197.51 ₹245.83 61
Multiples
P/E Multiple ₹287.67 ₹383.56 ₹479.45 63
P/S Multiple ₹114.54 ₹152.72 ₹190.90 58
P/B Multiple ₹119.74 ₹159.66 ₹199.57 55
EV/EBIT ₹334.74 ₹440.82 ₹546.91 53
EV/EBITDA ₹285.13 ₹374.68 ₹464.23 54
EV/Revenue ₹123.38 ₹169.20 ₹215.02 43
Asset-Based
NCAV (Graham) ₹26.61 ₹35.66 ₹53.22 50
Growth DCF
Growth DCF ₹261.19 ₹443.55 ₹751.82 72
Rev-Margin DCF ₹167.28 ₹257.72 ₹374.68 67
Economic Profit
Residual Income ₹120.06 ₹149.34 ₹739.07 76
ROIC Compounder ₹196.59 ₹246.19 ₹304.03 67
Growth Earnings
Growth-Adj P/E ₹246.32 ₹351.89 ₹457.46 68

Widest divergence: DCF Models (₹435.57) versus Asset-Based (₹35.66). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹15.2B
Revenue growth (YoY) +11.0%
Net margin 31.4%
Return on equity 38.7%
Free cash flow ₹4.8B FY2026
P/E ratio 41.8
More key figures
Operating margin 39.3%
EPS (TTM) ₹19.16
Dividend yield 1.6%
EPS growth (YoY) +10.7%
Net cash ₹3.4B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 61 · Market factors (momentum, volatility) 57

Profitability 84
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 81
Earnings quality: real cash, not paper profit
Fin. Strength 95
Balance sheet, leverage, solvency risk
Investment 24
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 52
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Computer Age Management Services Limited provides registrar and transfer agency services, including data processing and related activities, to financial institutions in India.

Full company description

Computer Age Management Services Limited provides registrar and transfer agency services, including data processing and related activities, to financial institutions in India. It provides MFCentral, a platform for mutual fund investors to digitally view their portfolios as well as manage and transact across their investments; myCAMS, a mobile app and portal for retail investors to manage and transact across multiple mutual funds; and digiLoan, which enables customers to avail digital borrowing against their mutual fund portfolios. The company offers edge360, a mobile app and portal for distributors and advisors, providing a platform for daily operations; GoCorp, a platform for corporate investors to transact across CAMS-managed mutual funds; CAMServ, a self-service chatbot to support investors with various financial and non-financial transactions; and eKYC, an OTP-based Aadhaar authentication solution that enables digital KYC. In addition, it provides CAMS WealthServ, a digital onboarding platform that offers paperless processing for alternate investment funds and portfolio management services investors; Think360.ai, which empowers BFSI enterprises with full-stack data science and AI solutions; and Bima Central, an insurance platform providing policyholder services, renewal reminders, a cover dashboard, downloads, and highlights. Further, it offers CAMSfinserv, an account aggregator platform; CAMS eNPS, a platform that offers an enhanced subscriber experience with pension services for account opening, record-keeping, and maintenance; CAMSPay, a platform for BFSI payments, offering same-day NAV processing and quick customer onboarding; Recon Dynamix, a cloud-based premier fintech reconciliation automation platform; and Fintuple, a digital transformation platform. The company was incorporated in 1988 and is based in Chennai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Computer Age Management Services Limited reported revenue of ₹15.2B in FY2026 versus ₹9.1B in FY2022, a compound +13.6%/yr. Reported net income was ₹4.8B in FY2026, compounding +13.5%/yr from FY2022.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹15.2B
Latest YoY
+6.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.5%
Avg. growth/yr (9Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.7%
Revenue +13.6%/yr
FY22 ₹9.1B
FY23 ₹9.7B
FY24 ₹11.4B
FY25 ₹14.2B
FY26 ₹15.2B
Net income +13.5%/yr
FY22 ₹2.9B
FY23 ₹2.9B
FY24 ₹3.5B
FY25 ₹4.7B
FY26 ₹4.8B

CAMS screens 29% overvalued. Compare with International Business Machines Corporation →

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Cite: Fair Value Calculator (2026). "Computer Age Management Services Limited Fair Value". https://www.fairvalue-calculator.com/stock/CAMS

Peer Group

Information Technology Services · 481 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 59 · Above median
Fair Value upside −40% · Below median
Return on equity (TTM) 39% · Top 25%
Return on assets 21% · Top 25%
Net margin (TTM) 31% · Top 25%
Operating margin (TTM) 39% · Top 25%
Revenue growth 11% · Above median
Dividend yield (TTM) 1.6% · Below median

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 41.8× · Pricier than 75% of peers
P/B 15.05× · Pricier than 75% of peers
P/S (TTM) 13.11× · Pricier than 75% of peers
P/FCF 0.4× · Cheaper than median
EV/EBITDA 30.8× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 22
FUTURE 55 · sector 29
PAST 100 · sector 37
HEALTH 0 · sector 97
DIVIDEND 31 · sector 38

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.92 $143.90 -39%
Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is Computer Age Management Services Limited (CAMS) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹549.49 versus a price of ₹777.40, about −29% (overvalued).
What is the fair value of CAMS?
Our model-based fair value for Computer Age Management Services Limited is ₹549.49 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹777.40.
What is the quality score of CAMS?
Computer Age Management Services Limited has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Computer Age Management Services Limited (CAMS)?
Computer Age Management Services Limited reported trailing-twelve-month revenue of about ₹15.2B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of CAMS?
The net profit margin of Computer Age Management Services Limited is about 31.4%, meaning it keeps roughly 31.4% of revenue as net income. Based on the latest reported figures.
Does Computer Age Management Services Limited pay a dividend?
Computer Age Management Services Limited currently shows a dividend yield of about 1.57% relative to its recent price (as of Aug 2, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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