$Genpact (G.US)$In the analysis on March 23, 2023, it was ex...

A Bermuda company listed in 2007, mainly engaged in business process management, outsourcing, shared services, and information outsourcing business, with half of the market in India, 20% in North America, and the current price is 34.28.

Revenue has continued to grow over the past 5 years, with an average growth rate of 8.3%. Operating profit has an average growth rate of 10.3%, while net income had an average growth rate of 5.7% in the first 4 years. In 2023, a significant increase of 78.6% was mainly due to fluctuations in other net income combined with tax refunds. The gross margin has remained around 35% in the past 5 years, while the net margin was consistently below 10% in the first 4 years before reaching 14.1% in 2023.

Currently, the PE ratio is 10, the TTM PE ratio is 9.9, the 5-year average net income of 0.39 billion corresponds to a PE ratio of 15.8. Considering the long-term net income growth rate of only around 6%, the valuation attractiveness is not significant.