Ctac NV (NL:CTAC)
:CTAC
Want to see NL:CTAC full AI Analyst Report?
Top Page
Ctac NV
(CTAC)
Select Model
Select Model
Rating:55Neutral
Price Target:
€3.00
▼(-1.96% Downside)
Action:ReiteratedDate:03/02/26
The score is held back primarily by weakening financial performance—especially the sharp deterioration in operating/free cash flow and the significant margin compression in 2025—despite solid revenue growth and a manageable balance sheet. Technicals are neutral-to-slightly weak, while valuation (moderate P/E and ~3.6% yield) provides meaningful support.
Positive Factors
Revenue Growth
Sustained ~39% top-line growth in 2025 indicates robust demand for Ctac's services and strengthens its position selling large transformation projects. Over 2-6 months this supports backlog build, scale benefits and cross-sell opportunities that can drive durable revenue momentum.
Negative Factors
Gross Margin Compression
A sharp drop in gross margin from ~24% to ~10% reflects material pricing, mix or cost pressure. Such compression materially reduces earnings power and free cash flow potential, limiting reinvestment and exposing the business to persistent profit vulnerability if structural causes persist.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained ~39% top-line growth in 2025 indicates robust demand for Ctac's services and strengthens its position selling large transformation projects. Over 2-6 months this supports backlog build, scale benefits and cross-sell opportunities that can drive durable revenue momentum.
Read all positive factors
Ctac NV (CTAC) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€39.90M
Dividend Yield3.49%
Average Volume (3M)12.25K
Price to Earnings (P/E)12.0
Beta (1Y)0.08
Revenue Growth0.81%
EPS Growth351.71%
CountryNL
Employees340
SectorGeneral
Sector StrengthN/A
IndustryInformation Technology Services
Share Statistics
EPS (TTM)0.15
Shares Outstanding14,149,023
10 Day Avg. Volume7,543
30 Day Avg. Volume12,251
Financial Highlights & Ratios
PEG Ratio-1.12
Price to Book (P/B)1.32
Price to Sales (P/S)0.34
P/FCF Ratio-205.19
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€3.30Price Target Upside7.84% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.33
Revenue Forecast (FY)€132.45M
Ctac NV Business Overview & Revenue Model
Company Description
Ctac N.V. provides business and cloud integration services primarily in the Netherlands and Belgium. The company offers cloud, programme and change management, agile consultancy, application management, license management, service desk and coordin...
How the Company Makes Money
Ctac primarily makes money by selling professional services to business customers. Key revenue streams typically include (1) consulting and project-based implementation work—fees for designing and deploying enterprise software solutions (including...
Ctac NV Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
72
Positive
Cash Flow
38
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 125.71M | 124.33M | 127.23M | 117.67M | 106.42M |
| Gross Profit | 12.95M | 30.30M | 17.44M | 31.70M | 29.48M |
| EBITDA | 10.34M | 10.73M | 9.29M | 12.27M | 12.04M |
| Net Income | 3.60M | 3.91M | 951.00K | 4.73M | 4.46M |
Balance Sheet | |||||
| Total Assets | 69.76M | 71.96M | 71.31M | 75.58M | 74.01M |
| Cash, Cash Equivalents and Short-Term Investments | 4.59M | 9.18M | 8.31M | 7.44M | 10.40M |
| Total Debt | 13.36M | 8.78M | 10.56M | 12.16M | 13.84M |
| Total Liabilities | 36.85M | 41.09M | 42.79M | 44.65M | 46.85M |
| Stockholders Equity | 32.91M | 30.86M | 28.51M | 29.76M | 26.05M |
Cash Flow | |||||
| Free Cash Flow | -211.00K | 7.00M | 8.86M | 5.33M | 8.70M |
| Operating Cash Flow | 629.00K | 10.28M | 10.69M | 6.14M | 9.54M |
| Investing Cash Flow | -1.32M | -3.27M | -1.82M | -2.68M | -4.33M |
| Financing Cash Flow | -4.30M | -5.74M | -8.00M | -6.42M | -5.36M |
Ctac NV Technical Analysis
Positive
3.06
Price Trends
2.80
Positive
2.89
Positive
3.04
Negative
Market Momentum
0.01
Negative
66.57
Neutral
38.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:CTAC, the sentiment is Positive. The current price of 3.06 is above the 20-day moving average (MA) of 2.69, above the 50-day MA of 2.80, and above the 200-day MA of 3.04, indicating a neutral trend. The MACD of 0.01 indicates Negative momentum. The RSI at 66.57 is Neutral, neither overbought nor oversold. The STOCH value of 38.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:CTAC.
Ctac NV Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | €530.60M | 24.15 | 29.06% | 3.54% | 4.11% | 22.38% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | €39.90M | 12.03 | 11.31% | 3.49% | 0.81% | 351.71% | |
53 Neutral | €189.33M | -37.50 | -13.96% | ― | 0.36% | 34.49% | |
41 Neutral | €141.11M | -17.52 | ― | ― | -7.94% | 7.30% |
* General Sector Average
NL:CTAC
Ctac NV
2.99
-0.21
-6.68%
NL:NEDAP
Nedap N.V
84.50
26.16
44.83%
NL:CMCOM
CM.com N.V.
5.98
-0.18
-2.92%
NL:MTRK
MotorK PLC
2.76
-1.64
-37.27%
NL:AMUND
Almunda Professionals N.V.
1.10
-0.01
-0.90%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.