(CSGS) CSG Systems International - Ratings and Ratios
Revenue Management, Digital Monetization, Customer Experience, Payment
Dividends
| Dividend Yield | 2.05% |
| Yield on Cost 5y | 3.83% |
| Yield CAGR 5y | 6.30% |
| Payout Consistency | 100.0% |
| Payout Ratio | 24.3% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 28.1% |
| Value at Risk 5%th | 37.7% |
| Relative Tail Risk | -18.41% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.30 |
| Alpha | 35.57 |
| CAGR/Max DD | 0.42 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.758 |
| Beta | 0.662 |
| Beta Downside | 0.741 |
| Drawdowns 3y | |
|---|---|
| Max DD | 33.49% |
| Mean DD | 12.32% |
| Median DD | 12.67% |
Description: CSGS CSG Systems International November 11, 2025
CSG Systems International Inc. (NASDAQ: CSGS) is a U.S.–based provider of revenue-management, digital-monetization, customer-experience and payment solutions, primarily serving communications operators but also extending to retail, financial services, healthcare, insurance and government customers across the Americas, EMEA and APAC.
The firm’s core offering is the Advanced Convergent Platform – a private SaaS environment that bundles service-technician management, analytics, electronic bill presentment and related modules. In parallel, CSG runs a public SaaS-based revenue-management and payments platform, and it monetizes its technology through managed services, professional implementation, licensing (e.g., mediation, partner-management, rating, charging) and full-stack operational services such as infrastructure, configuration and business-operations management.
From a financial standpoint, CSG reported FY 2023 revenue of roughly **$1.2 billion**, representing a **~5 % year-over-year increase** driven largely by growth in SaaS subscription fees (+12 % YoY). Gross margins have been pressured to the low-mid-40 % range as the company scales its managed-services footprint, while churn on its subscription base remains around **5 %**, consistent with industry averages for telecom-software providers.
Key macro-drivers for CSG include the ongoing shift of telecom operators toward digital billing and omnichannel customer experiences, which is being accelerated by regulatory mandates for transparent pricing in many regions. Additionally, slower global capex cycles in the telecom sector could temper new-project pipelines, making recurring SaaS revenue a critical hedge for the company’s growth outlook.
If you want a deeper, data-driven view of CSG’s valuation metrics and scenario analysis, ValueRay’s platform offers a convenient way to explore the numbers yourself.
Piotroski VR‑10 (Strict, 0-10) 8.0
| Net Income (83.3m TTM) > 0 and > 6% of Revenue (6% = 73.0m TTM) |
| FCFTA 0.11 (>2.0%) and ΔFCFTA 2.99pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 23.66% (prev 24.43%; Δ -0.76pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.12 (>3.0%) and CFO 179.2m > Net Income 83.3m (YES >=105%, WARN >=100%) |
| Net Debt (407.9m) to EBITDA (210.3m) ratio: 1.94 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.50 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (28.0m) change vs 12m ago -1.75% (target <= -2.0% for YES) |
| Gross Margin 48.99% (prev 47.16%; Δ 1.84pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 85.07% (prev 84.90%; Δ 0.17pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.69 (EBITDA TTM 210.3m / Interest Expense TTM 29.5m) >= 6 (WARN >= 3) |
Altman Z'' 5.12
| (A) 0.20 = (Total Current Assets 862.9m - Total Current Liabilities 574.9m) / Total Assets 1.47b |
| (B) 0.71 = Retained Earnings (Balance) 1.04b / Total Assets 1.47b |
| (C) 0.10 = EBIT TTM 138.2m / Avg Total Assets 1.43b |
| (D) 0.84 = Book Value of Equity 996.0m / Total Liabilities 1.18b |
| Total Rating: 5.12 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 80.28
| 1. Piotroski 8.0pt |
| 2. FCF Yield 6.24% |
| 3. FCF Margin 13.33% |
| 4. Debt/Equity 1.96 |
| 5. Debt/Ebitda 1.94 |
| 6. ROIC - WACC (= 6.11)% |
| 7. RoE 29.09% |
| 8. Rev. Trend 81.23% |
| 9. EPS Trend 74.11% |
What is the price of CSGS shares?
Over the past week, the price has changed by +0.13%, over one month by -1.76%, over three months by +19.81% and over the past year by +44.23%.
Is CSGS a buy, sell or hold?
- Strong Buy: 8
- Buy: 1
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the CSGS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 80.7 | 4.7% |
| Analysts Target Price | 80.7 | 4.7% |
| ValueRay Target Price | 88.8 | 15.1% |
CSGS Fundamental Data Overview December 12, 2025
P/E Trailing = 26.1293
P/E Forward = 14.9925
P/S = 1.8005
P/B = 7.5326
P/EG = 1.4992
Beta = 0.892
Revenue TTM = 1.22b USD
EBIT TTM = 138.2m USD
EBITDA TTM = 210.3m USD
Long Term Debt = 538.6m USD (from longTermDebt, last quarter)
Short Term Debt = 5.98m USD (from shortTermDebt, last quarter)
Debt = 566.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 407.9m USD (from netDebt column, last quarter)
Enterprise Value = 2.60b USD (2.19b + Debt 566.3m - CCE 158.4m)
Interest Coverage Ratio = 4.69 (Ebit TTM 138.2m / Interest Expense TTM 29.5m)
FCF Yield = 6.24% (FCF TTM 162.2m / Enterprise Value 2.60b)
FCF Margin = 13.33% (FCF TTM 162.2m / Revenue TTM 1.22b)
Net Margin = 6.85% (Net Income TTM 83.3m / Revenue TTM 1.22b)
Gross Margin = 48.99% ((Revenue TTM 1.22b - Cost of Revenue TTM 620.7m) / Revenue TTM)
Gross Margin QoQ = 46.70% (prev 49.47%)
Tobins Q-Ratio = 1.76 (Enterprise Value 2.60b / Total Assets 1.47b)
Interest Expense / Debt = 1.30% (Interest Expense 7.37m / Debt 566.3m)
Taxrate = 22.24% (5.86m / 26.3m)
NOPAT = 107.5m (EBIT 138.2m * (1 - 22.24%))
Current Ratio = 1.50 (Total Current Assets 862.9m / Total Current Liabilities 574.9m)
Debt / Equity = 1.96 (Debt 566.3m / totalStockholderEquity, last quarter 289.5m)
Debt / EBITDA = 1.94 (Net Debt 407.9m / EBITDA 210.3m)
Debt / FCF = 2.51 (Net Debt 407.9m / FCF TTM 162.2m)
Total Stockholder Equity = 286.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.66% (Net Income 83.3m / Total Assets 1.47b)
RoE = 29.09% (Net Income TTM 83.3m / Total Stockholder Equity 286.5m)
RoCE = 16.75% (EBIT 138.2m / Capital Employed (Equity 286.5m + L.T.Debt 538.6m))
RoIC = 13.04% (NOPAT 107.5m / Invested Capital 824.6m)
WACC = 6.92% (E(2.19b)/V(2.76b) * Re(8.45%) + D(566.3m)/V(2.76b) * Rd(1.30%) * (1-Tc(0.22)))
Discount Rate = 8.45% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.52%
[DCF Debug] Terminal Value 80.13% ; FCFE base≈141.8m ; Y1≈174.9m ; Y5≈298.4m
Fair Price DCF = 164.5 (DCF Value 4.69b / Shares Outstanding 28.5m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 74.11 | EPS CAGR: 12.94% | SUE: 1.43 | # QB: 1
Revenue Correlation: 81.23 | Revenue CAGR: 2.67% | SUE: 0.77 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.19 | Chg30d=-0.007 | Revisions Net=+1 | Analysts=3
EPS next Year (2026-12-31): EPS=5.13 | Chg30d=+0.001 | Revisions Net=-1 | Growth EPS=+8.0% | Growth Revenue=+2.7%
Additional Sources for CSGS Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle