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CapGemini: Part Of The IT Upside (Albeit A Slow One)

CapGemini is fundamentally undervalued, trading at less than 8.6x P/E with a 12% earnings yield and a 3.1% well-covered dividend. Recent 1H26 results show stable revenues, growing operating margins (12.5%), and robust cash flows, despite restructuring-driven net profit volatility. AI-driven transformation is delivering tangible revenue and bookings growth; fears of AI cannibalization or structural decline are not…

Seeking Alpha • Aug 10, 2026
Capgemini sees multi-year IT modernisation boom as firms prepare for AI

Capgemini Chief Executive Aiman Ezzat said on Thursday that companies hoping to deploy artificial intelligence at scale ​will first need to modernise decades-old technology systems, creating ‌what he described as a multi-year investment cycle in data, software and infrastructure.

Reuters • Jul 30, 2026

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