COGNIZANT TECHNOLOGY SOLUTIONS FRANCE : revenue, balance sheet and financial ratios

COGNIZANT TECHNOLOGY SOLUTIONS FRANCE is a French company founded 21 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in PUTEAUX (92800), this company of category ETI shows in 2023 a revenue of 128.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - COGNIZANT TECHNOLOGY SOLUTIONS FRANCE (SIREN 479145419)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 128 866 234 € 139 986 870 € 102 200 720 € 111 355 903 € 124 654 915 € 121 142 054 € 101 151 607 € 83 222 331 €
Net income 11 174 003 € 10 425 091 € 6 401 390 € 7 458 231 € 7 561 765 € 7 652 210 € 5 187 571 € 4 641 304 €
EBITDA 14 796 393 € 10 414 984 € 9 954 438 € 10 219 110 € 11 528 027 € 8 199 822 € 11 199 184 € 8 410 579 €
Net margin 8.7% 7.4% 6.3% 6.7% 6.1% 6.3% 5.1% 5.6%

Revenue and income statement

In 2023, COGNIZANT TECHNOLOGY SOLUTIONS FRANCE achieves revenue of 128.9 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +6.4%. Slight decline of -8% vs 2022. After deducting consumption (1.3 M€), gross margin stands at 127.6 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 14.8 M€, representing 11.5% of revenue. Positive scissor effect: EBITDA margin improves by +4.0 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 11.2 M€, i.e. 8.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

128 866 234 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

127 588 409 €

EBITDA (2023) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

14 796 393 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

15 562 725 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

11 174 003 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

11.5%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 4%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 63%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

3.676%

Financial autonomy (2023) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

63.27%

Cash flow / Revenue (2023) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

10.984%

Repayment capacity (2023) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.186

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

39.6%

Solvency indicators evolution
COGNIZANT TECHNOLOGY SOLUTIONS FRANCE

Sector positioning

Debt ratio
3.68 2023
2021
2022
2023
Q1: 0.0
Med: 4.6
Q3: 39.98
Good -24 pts over 3 years

In 2023, the debt ratio of COGNIZANT TECHNOLOGY SOLU... (3.68) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
63.27% 2023
2021
2022
2023
Q1: 8.2%
Med: 34.41%
Q3: 61.07%
Excellent +29 pts over 3 years

In 2023, the financial autonomy of COGNIZANT TECHNOLOGY SOLU... (63.3%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.19 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.65 years
Average -18 pts over 3 years

In 2023, the repayment capacity of COGNIZANT TECHNOLOGY SOLU... (0.19) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 265.17. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2023) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

265.168

Interest coverage (2023) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.006

Liquidity indicators evolution
COGNIZANT TECHNOLOGY SOLUTIONS FRANCE

Sector positioning

Liquidity ratio
265.17 2023
2021
2022
2023
Q1: 145.87
Med: 232.2
Q3: 431.15
Good +24 pts over 3 years

In 2023, the liquidity ratio of COGNIZANT TECHNOLOGY SOLU... (265.17) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.01x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.1x
Good +25 pts over 3 years

In 2023, the interest coverage of COGNIZANT TECHNOLOGY SOLU... (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 28 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 109 days. Excellent situation: suppliers finance 81 days of the operating cycle (retail model). Overall, WCR represents 162 days of revenue, i.e. 58.0 M€ to permanently finance. Over 2016-2023, WCR increased by +180%, requiring additional financing.

Operating WCR (2023) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

57 952 434 €

Customer credit (2023) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

28 j

Supplier credit (2023) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

109 j

Inventory turnover (2023) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2023) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

162 j

WCR and payment terms evolution
COGNIZANT TECHNOLOGY SOLUTIONS FRANCE

Positioning of COGNIZANT TECHNOLOGY SOLUTIONS FRANCE in its sector

Comparison with sector Conseil en systèmes et logiciels informatiques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (45 transactions). This range of 4 816 544€ to 15 845 952€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
4816k€ 9787k€ 15845k€
9 787 266 € Range: 4 816 544€ - 15 845 952€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 45 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Conseil en systèmes et logiciels informatiques)

Compare COGNIZANT TECHNOLOGY SOLUTIONS FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques

Frequently asked questions about COGNIZANT TECHNOLOGY SOLUTIONS FRANCE

What is the revenue of COGNIZANT TECHNOLOGY SOLUTIONS FRANCE ?

The revenue of COGNIZANT TECHNOLOGY SOLUTIONS FRANCE in 2023 is 128.9 M€.

Is COGNIZANT TECHNOLOGY SOLUTIONS FRANCE profitable?

Yes, COGNIZANT TECHNOLOGY SOLUTIONS FRANCE generated a net profit of 11.2 M€ in 2023.

Where is the headquarters of COGNIZANT TECHNOLOGY SOLUTIONS FRANCE ?

The headquarters of COGNIZANT TECHNOLOGY SOLUTIONS FRANCE is located in PUTEAUX (92800), in the department Hauts-de-Seine.

Where to find the tax return of COGNIZANT TECHNOLOGY SOLUTIONS FRANCE ?

The tax return of COGNIZANT TECHNOLOGY SOLUTIONS FRANCE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does COGNIZANT TECHNOLOGY SOLUTIONS FRANCE operate?

COGNIZANT TECHNOLOGY SOLUTIONS FRANCE operates in the sector Conseil en systèmes et logiciels informatiques (NAF code 62.02A). See the 'Sector positioning' section above to compare the company with its competitors.