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← CockpitCompetitor Analysis › 544.SI CSE Global LimitedOpen in the cockpit ↗

CSE Global Limited544.SICompetitor analysis, valuation and peers

Singapore · SGD·Information Technology›Information Technology Services
Momentum laggard 2
Mkt cap
$467M
US dollars, full cap
Free float
71%
of shares outstanding
$/day
$8.95M
20-day average traded
Fwd P/E
13.5×
forward earnings
ROIC−WACC
+2.3 pp
WACC 7.1%
Hurdle
n/a
no reverse DCF
Next earnings
115 days
1 Mar 2027
Close · SGDS$0.82
1D-8.9%
1W-6.3%
1M-29.9%
3M-35.4%
6M-45.3%
YTD-16.8%
1Y-2.4%
ATR %7.0%
52w lowhigh57.1% off high

What CSE Global does

Employees: 2,000

CSE Global at a glance

Size CSE Global (544.SI) is a Singapore Information Technology company (Information Technology Services) with a market value of $467M, the 111th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$0.82 on 6 Nov 2026.

Performance Over six months the shares fell 45.3%, against -21.9% for the median peer and -1.2% for the Singapore market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue grew 24.8% over the last twelve months (peer median +6.5%); the operating margin is 5.4% (peer median 5.1%).

Valuation It trades at 13.5× forward earnings against a peer median of 15.0× (4th cheapest of 11).

Capital Return on invested capital runs 2.3 points above its cost of capital (7.1% WACC).

Next results Next results expected around 1 Mar 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 78544.SI 50
Six months, rebased to 100: CSE Global against the median of its 20 peers (local-currency closes).

CSE Global financials

Reported figures in SGD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueS$1.09BS$969MS$861MS$725MS$558M
Revenue growth—+13%+19%+30%—
Gross profitS$273MS$262MS$241MS$200MS$142M
EBITDAS$89.3MS$84.8MS$88.6MS$71.0MS$29.6M
Net incomeS$34.4MS$37.5MS$26.3MS$22.5MS$4.77M
Free cash flow-S$54.3M-S$95.7MS$12.4MS$38.0M-S$15.5M
Capital expenditureS$30.4MS$28.6MS$20.8MS$18.8MS$16.0M
Total debtn/aS$265MS$155MS$143MS$128M

Quarterly statements and history in the cockpit →

CSE Global competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%-10%0%48284674301178300366003005300231RMNIMASTEK300448ALCHSNCMPNTGRMTC44310024749692002331544.SI6-month return →1-month return →
Up and to the right = strong over both horizons. CSE Global is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%50×100×48284674688590RMNIMASTEKHSNCMPNTGR44319692544.SIRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. CSE Global is the large dot.

CSE Global competitors and peer comparison

How CSE Global compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

CSE Global against its 20 peers (data as of 6 Nov 2026)
Measure544.SIPeer medianRank in peer set
1-month return-29.9%-6.3%lowest of 21
6-month return-45.3%-21.9%lowest of 21
Distance from 52-week high-57.1%-37.8%4th lowest of 21
Revenue growth (TTM)+24.8%+6.5%4th highest of 21
Operating margin5.4%5.1%10th highest of 19
Forward P/E13.5×15.0×4th cheapest of 11
ROIC minus cost of capital+2.3 pp-6.2 pp6th highest of 18
EV / EBITDA9.2×8.2×5th most expensive of 10
Net debt / EBITDA2.5×-0.9×2nd most indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
CSE Global 544.SISingapore$467M-45%+25%5%13.5×n/an/a
Business Engineering 4828.TJapan$463M+1%+16%26%15.6×-6.5%+6.7%
CRESCO 4674.TJapan$471M+36%+10%10%13.7×-1.6%+10.2%
Guangdong TianYiMa Information Industry 301178.SZChina$472M-13%+100%1%n/a37.4%+5.5%
Troy Information Technology 300366.SZChina$474M-19%-56%-80%n/an/an/a
Beijing Jingyeda Technology 003005.SZChina$458M-26%+26%-21%n/an/an/a
Beijing Trustfar Technology 300231.SZChina$481M-28%+4%3%n/a21.0%-4.3%
Shanghai Newtouch Software 688590.SSChina$454M-28%+5%-7%134.5×n/an/a
Rimini Street RMNIUnited States$484M+30%+3%7%13.1×11.0%+5.2%
Mastek MASTEK.NSIndia$485M-12%+6%13%11.1×6.7%+16.5%
Haoyun Technologies 300448.SZChina$490M-40%-52%n/an/a1.8%-12.8%
Brilliance Technology 300542.SZChina$491M-27%-22%2%n/an/an/a
Altia Consultores ALC.MCSpain$444M-17%+23%8%n/an/an/a
Hansen Technologies HSN.AXAustralia$511M-25%-2%17%14.4×0.9%+4.7%
Comp CMP.WAPoland$427M+64%+7%11%22.5×6.0%+3.3%
NETGEAR NTGRUnited States$513M-31%-1%-4%46.4×n/an/a
MMTec MTCUnited States$516M-31%+100%n/an/an/an/a
Smaregi 4431.TJapan$421M+42%+21%26%22.4×-3.2%+32.0%
Fujian Rongji Software 002474.SZChina$520M-24%-22%-21%n/a31.5%-8.1%
Computer Engineering & Consulting 9692.TJapan$420M+5%+18%11%10.6×-18.5%+6.5%
Anhui Wantong Technology 002331.SZChina$520M-25%+23%-16%n/an/an/a

Questions

Which companies are CSE Global's closest peers?
The cockpit's peer set: Business Engineering (4828.T), CRESCO (4674.T), Guangdong TianYiMa Information Industry (301178.SZ), Troy Information Technology (300366.SZ), Beijing Jingyeda Technology (003005.SZ), Beijing Trustfar Technology (300231.SZ), Shanghai Newtouch Software (688590.SS), Rimini Street (RMNI).
Is CSE Global expensive compared with its peers?
On forward p/e it trades at 13.5× against a peer median of 15.0×, 4th cheapest of 11 in its peer set.
How has CSE Global stock performed?
Over six months to 6 Nov 2026 the shares returned -45.3% against -21.9% for the median peer; over one year -2.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.