OTEX : Open Text Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Open Text Corp trades with the ticker OTEX on the TSX and is in the Software – Application industry.

Overview
Open Text Corporation provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation. It also provides cybersecurity cloud solutions to protect, prevent, detect, respond and quickly recover from threats across endpoints, network, applications, IT infrastructure and data, AI-led threat intelligence; and to protect critical information and processes through threat intelligence, forensics, identity, encryption, and cloud-based application security. In addition, the company offers business network cloud for digital supply chains and secure e-commerce ecosystems including digitize and automate procure-to-pay and order-to-cash processes; IT operations management cloud for automation and advancement of IT support and asset management; and analytics & AI cloud solutions that offers artificial intelligence with practical usage to provide organizations with actionable insights and better automation, such as visualizations, advanced natural language processing and understanding, and integrated computer vision capabilities. In addition, it provides application automation cloud, developers cloud, and services. Further, it has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, DXC Technology Company, Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.
 

Looking to invest in Open Text Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

OTEX.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $13929.584MM

PE Ratio: 80.069

Price: 38.66 (Updated: 3/12/2024 0:47:16)



Open Text Corp (OTEX) vs Competitors in Software – Application

Lets see how OTEX.TO stacks up against others in the Software – Application asset management industry. We have identified its main peers as:

Ceridian HCM Holding Inc, Constellation Software Inc, Docebo Inc, The Descartes Systems Group Inc, Enghouse Systems Limited

.

Software – Application Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Ceridian HCM Holding Inc (CDAY) $14,708.378 2334.5 79.285 N/A%
Constellation Software Inc (CSU) $80,397.164 105.268 57.698 0.1%
Docebo Inc (DCBO) $2,115.758 634.682 246.069 N/A%
The Descartes Systems Group Inc (DSG) $10,514.2 69.734 47.478 N/A%
Enghouse Systems Limited (ENGH) $1,917.404 26.489 12.355 2.5%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Software – Application

  • Open Text Corp (OTEX) vs Ceridian HCM Holding Inc (CDAY)
    • OTEX has higher EPS (0.65 vs 0.04). OTEX provides dividends, while CDAY does not. CDAY has a higher P/E ratio (2334.5 vs 80.069) indicating it’s more expensive.
  • Open Text Corp (OTEX) vs Constellation Software Inc (CSU)
    • CSU has higher EPS (36.04 vs 0.65). OTEX has higher dividend yield (2.6% vs 0.1%). CSU has a higher P/E ratio (105.268 vs 80.069) indicating it’s more expensive.
  • Open Text Corp (OTEX) vs Docebo Inc (DCBO)
    • OTEX has higher EPS (0.65 vs 0.11). OTEX provides dividends, while DCBO does not. DCBO has a higher P/E ratio (634.682 vs 80.069) indicating it’s more expensive.
  • Open Text Corp (OTEX) vs The Descartes Systems Group Inc (DSG)
    • DSG has higher EPS (1.77 vs 0.65). OTEX provides dividends, while DSG does not. OTEX has a higher P/E ratio (80.069 vs 69.734) indicating it’s more expensive.
  • Open Text Corp (OTEX) vs Enghouse Systems Limited (ENGH)
    • ENGH has higher EPS (1.31 vs 0.65). OTEX has higher dividend yield (2.6% vs 2.5%). OTEX has a higher P/E ratio (80.069 vs 26.489) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (80.07) than the industry average (673.25), indicating potential undervaluation.
 

How to Buy OTEX stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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