(CSGS) CSG Systems International - Overview

Sector: TechnologyIndustry: Software - Infrastructure | Exchange NASDAQ (USA) | Currency USD | Market Cap: 2.285m | Total Return 34.4% in 12m

Stock: Billing, Payments, Customer Engagement, Managed Services

Total Rating 78
Risk 87
Buy Signal 0.92
Risk 5d forecast
Volatility 3.80%
Relative Tail Risk -11.4%
Reward TTM
Sharpe Ratio 1.15
Alpha 22.23
Character TTM
Beta 0.721
Beta Downside 1.081
Drawdowns 3y
Max DD 31.64%
CAGR/Max DD 0.54

EPS (Earnings per Share)

EPS (Earnings per Share) of CSGS over the last years for every Quarter: "2021-03": 0.82, "2021-06": 0.82, "2021-09": 0.88, "2021-12": 0.83, "2022-03": 0.86, "2022-06": 0.84, "2022-09": 1.06, "2022-12": 0.84, "2023-03": 1.04, "2023-06": 0.8, "2023-09": 0.92, "2023-12": 0.92, "2024-03": 1.01, "2024-06": 1.02, "2024-09": 1.06, "2024-12": 1.65, "2025-03": 1.14, "2025-06": 1.16, "2025-09": 1.31, "2025-12": 1.53,

Revenue

Revenue of CSGS over the last years for every Quarter: 2021-03: 253.119, 2021-06: 255.134, 2021-09: 263.209, 2021-12: 275.025, 2022-03: 264.4, 2022-06: 262.168, 2022-09: 273.308, 2022-12: 289.876, 2023-03: 298.739, 2023-06: 286.327, 2023-09: 286.868, 2023-12: 297.324, 2024-03: 295.135, 2024-06: 290.318, 2024-09: 295.143, 2024-12: 316.652, 2025-03: 299.453, 2025-06: 297.128, 2025-09: 303.615, 2025-12: 323.093,

Description: CSGS CSG Systems International March 05, 2026

CSG Systems International, Inc. (CSGS) provides revenue management, digital monetization, customer experience, and payment solutions. Its primary market is the communications industry, which frequently requires complex billing and customer management systems due to varied service offerings and subscription models.

The company offers both private Software-as-a-Service (SaaS) platforms, like Advanced Convergent Platform, and public SaaS-based revenue management and payments platforms. SaaS models are prevalent in enterprise software, offering recurring revenue streams and scalability.

CSGS also delivers managed and professional services for solution implementation, configuration, and maintenance. Additionally, it licenses specific solutions such as mediation and partner management. Its operational services encompass infrastructure management, application configuration, and business operations management, including event processing and settlement.

Beyond communications, CSGS serves sectors including retail, financial services, healthcare, insurance, and government entities. Understanding the companys customer diversification can be further explored on ValueRay.

Headlines to watch out for

  • Communications industry spending on digital transformation drives platform adoption
  • SaaS platform expansion into new verticals boosts recurring revenue
  • Managed services contracts provide stable, long-term income
  • Competition from larger tech firms pressures pricing and market share

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income: 55.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.09 > 0.02 and ΔFCF/TA 1.60 > 1.0
NWC/Revenue: 23.45% < 20% (prev 23.86%; Δ -0.41% < -1%)
CFO/TA 0.10 > 3% & CFO 155.9m > Net Income 55.9m
Net Debt (406.6m) to EBITDA (189.4m): 2.15 < 3
Current Ratio: 1.44 > 1.5 & < 3
Outstanding Shares: last quarter (28.5m) vs 12m ago -0.07% < -2%
Gross Margin: 48.33% > 18% (prev 0.49%; Δ 4.78k% > 0.5%)
Asset Turnover: 80.34% > 50% (prev 79.78%; Δ 0.56% > 0%)
Interest Coverage Ratio: 4.13 > 6 (EBITDA TTM 189.4m / Interest Expense TTM 29.0m)

Altman Z'' 4.77

A: 0.19 (Total Current Assets 937.7m - Total Current Liabilities 650.8m) / Total Assets 1.54b
B: 0.67 (Retained Earnings 1.04b / Total Assets 1.54b)
C: 0.08 (EBIT TTM 119.7m / Avg Total Assets 1.52b)
D: 0.79 (Book Value of Equity 994.8m / Total Liabilities 1.26b)
Altman-Z'' Score: 4.77 = AA

Beneish M -3.02

DSRI: 1.04 (Receivables 371.1m/349.7m, Revenue 1.22b/1.20b)
GMI: 1.01 (GM 48.33% / 48.68%)
AQI: 1.03 (AQ_t 0.35 / AQ_t-1 0.35)
SGI: 1.02 (Revenue 1.22b / 1.20b)
TATA: -0.06 (NI 55.9m - CFO 155.9m) / TA 1.54b)
Beneish M-Score: -3.02 (Cap -4..+1) = AA

What is the price of CSGS shares?

As of March 28, 2026, the stock is trading at USD 80.31 with a total of 319,997 shares traded.
Over the past week, the price has changed by +0.55%, over one month by +0.94%, over three months by +4.85% and over the past year by +34.41%.

Is CSGS a buy, sell or hold?

CSG Systems International has received a consensus analysts rating of 4.70. Therefore, it is recommended to buy CSGS.
  • StrongBuy: 8
  • Buy: 1
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CSGS price?

Issuer Target Up/Down from current
Wallstreet Target Price 80.7 0.5%
Analysts Target Price 80.7 0.5%

CSGS Fundamental Data Overview March 27, 2026

P/E Trailing = 40.4647
P/E Forward = 15.5039
P/S = 1.868
P/B = 8.0262
P/EG = 1.5626
Revenue TTM = 1.22b USD
EBIT TTM = 119.7m USD
EBITDA TTM = 189.4m USD
Long Term Debt = 539.5m USD (from longTermDebt, last quarter)
Short Term Debt = 4.84m USD (from shortTermDebt, last quarter)
Debt = 586.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 406.6m USD (from netDebt column, last quarter)
Enterprise Value = 2.69b USD (2.29b + Debt 586.6m - CCE 180.0m)
Interest Coverage Ratio = 4.13 (Ebit TTM 119.7m / Interest Expense TTM 29.0m)
EV/FCF = 19.04x (Enterprise Value 2.69b / FCF TTM 141.4m)
FCF Yield = 5.25% (FCF TTM 141.4m / Enterprise Value 2.69b)
FCF Margin = 11.56% (FCF TTM 141.4m / Revenue TTM 1.22b)
Net Margin = 4.57% (Net Income TTM 55.9m / Revenue TTM 1.22b)
Gross Margin = 48.33% ((Revenue TTM 1.22b - Cost of Revenue TTM 632.1m) / Revenue TTM)
Gross Margin QoQ = 48.74% (prev 46.70%)
Tobins Q-Ratio = 1.74 (Enterprise Value 2.69b / Total Assets 1.54b)
Interest Expense / Debt = 1.19% (Interest Expense 6.99m / Debt 586.6m)
Taxrate = 38.39% (34.8m / 90.7m)
NOPAT = 73.7m (EBIT 119.7m * (1 - 38.39%))
Current Ratio = 1.44 (Total Current Assets 937.7m / Total Current Liabilities 650.8m)
Debt / Equity = 2.07 (Debt 586.6m / totalStockholderEquity, last quarter 283.7m)
Debt / EBITDA = 2.15 (Net Debt 406.6m / EBITDA 189.4m)
Debt / FCF = 2.88 (Net Debt 406.6m / FCF TTM 141.4m)
Total Stockholder Equity = 286.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.67% (Net Income 55.9m / Total Assets 1.54b)
RoE = 19.49% (Net Income TTM 55.9m / Total Stockholder Equity 286.8m)
RoCE = 14.48% (EBIT 119.7m / Capital Employed (Equity 286.8m + L.T.Debt 539.5m))
RoIC = 8.93% (NOPAT 73.7m / Invested Capital 825.1m)
WACC = 6.93% (E(2.29b)/V(2.87b) * Re(8.52%) + D(586.6m)/V(2.87b) * Rd(1.19%) * (1-Tc(0.38)))
Discount Rate = 8.52% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.59%
[DCF] Terminal Value 85.17% ; FCFF base≈130.2m ; Y1≈160.6m ; Y5≈273.9m
[DCF] Fair Price = 197.3 (EV 6.03b - Net Debt 406.6m = Equity 5.62b / Shares 28.5m; r=6.93% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 77.28 | EPS CAGR: 16.61% | SUE: 1.49 | # QB: 2
Revenue Correlation: 84.00 | Revenue CAGR: 5.49% | SUE: 3.21 | # QB: 1
EPS next Quarter (2026-06-30): EPS=1.16 | Chg7d=-0.050 | Chg30d=-0.050 | Revisions Net=+0 | Analysts=1
EPS current Year (2026-12-31): EPS=5.13 | Chg7d=-0.002 | Chg30d=-0.002 | Revisions Net=-1 | Growth EPS=-0.3% | Growth Revenue=+2.7%
EPS next Year (2027-12-31): EPS=5.47 | Chg7d=-0.002 | Chg30d=-0.002 | Revisions Net=-1 | Growth EPS=+6.7% | Growth Revenue=+3.8%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 6.0% (Discount Rate 8.5% - Earnings Yield 2.5%)
[Growth] Growth Spread = -6.3% (Analyst -0.2% - Implied 6.0%)

Additional Sources for CSGS Stock

Fund Manager Positions: Dataroma | Stockcircle