OTEX:NGS-Open Text Corporation (USD)

EQUITY | Software - Application | Nasdaq Global Select

Last Closing

USD 30.09

Change

+0.36 (+1.21)%

Market Cap

USD 7.52B

Volume

0.83M

Analyst Target

USD 51.67
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Open Text Corp provides software products & services. It assist organizations in finding, utilizing, & sharing business information. It is engaged in the design, development, marketing & sales of Enterprise Information Management software and solutions.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-12 )

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ETFs Containing OTEX

XIT:CA iShares S&P/TSX Capped In.. 7.33 % 0.61 %

+1.93 (+0.00%)

CAD 0.69B
GCSC:CA Guardian Canadian Sector .. 5.33 % 0.00 %

N/A

CAD 0.02B
RCD:CA RBC Quant Canadian Divide.. 3.40 % 0.43 %

-0.10 (0.00%)

CAD 0.19B
IFLY 0.00 % 0.75 %

N/A

N/A
RNDM 0.00 % 0.65 %

N/A

N/A
BGC:CA Bristol Gate Concentrated.. 0.00 % 0.84 %

+0.01 (+0.00%)

CAD 0.03B
CDIV:CA Manulife Smart Dividend E.. 0.00 % 0.00 %

-0.03 (0.00%)

CAD 0.61B

Market Performance

  Market Performance vs. Industry/Classification (Software - Application) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -28.39% 34% F 27% F
Dividend Return 1.82% 65% D 37% F
Total Return -26.58% 35% F 27% F
Trailing 12 Months  
Capital Gain -19.91% 33% F 27% F
Dividend Return 2.70% 71% C- 39% F
Total Return -17.21% 34% F 28% F
Trailing 5 Years  
Capital Gain -30.65% 37% F 32% F
Dividend Return 10.19% 64% D 34% F
Total Return -20.46% 41% F 33% F
Average Annual (5 Year Horizon)  
Capital Gain -4.31% 39% F 29% F
Dividend Return -2.27% 41% F 30% F
Total Return 2.04% 84% B 50% F
Risk Return Profile  
Volatility (Standard Deviation) 28.12% 81% B- 65% D
Risk Adjusted Return -8.07% 39% F 30% F
Market Capitalization 7.52B 85% B 91% A-

Key Financial Ratios

  Ratio vs. Industry/Classification (Software - Application) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 6.60 72% 52%
Price/Book Ratio 1.93 64% 49%
Price / Cash Flow Ratio 8.43 53% 32%
Price/Free Cash Flow Ratio 6.92 49% 41%
Management Effectiveness  
Return on Equity 11.32% 76% 80%
Return on Invested Capital 6.40% 70% 70%
Return on Assets 4.03% 78% 82%
Debt to Equity Ratio 151.44% 23% 15%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.