TSX open
Loading markets…
Investing

OTEX vs KXS: which stock is the better value?

By Wealth Awesome -
Stocks & ETFs:OTEX.TOKXS.TO

Follow OTEX

Photos provided by Pexels

Open Text screens cheaper than Kinaxis on all three valuation measures in this snapshot. That’s a relative comparison, not proof that either stock is undervalued.

Open Text Corp. (OTEX.TO) and Kinaxis Inc. (KXS.TO) are Canadian-listed software and services companies. At the adjusted closes on November 3, 2026, Open Text traded at C$36.05 per share, with a market cap of C$9.0 billion. Kinaxis traded at C$193.39 per share, with a market cap of C$5.3 billion. Share prices alone don’t show which company is cheaper. Valuation multiples offer a clearer comparison.

Investor takeaway: Open Text has lower P/E, PEG and P/B ratios in the supplied snapshot, so it screens cheaper on all three measures. Its dividend yield is 2.96%, compared with 0.00% for Kinaxis. These figures don’t establish fair value or predict either stock’s returns. The snapshot also gives both companies a Strong Sell consensus label and a C$0.00 analyst target. These are table entries, not reasons on their own to buy or sell either stock.

Stocks in this list

Live snapshots — open any name for the full quote and Wealth Awesome price forecast.

Open Text has the lower reading on all three valuation multiples

Open Text’s P/E is 10.4, compared with 45.7 for Kinaxis. Its PEG is 1.02 versus 1.82, and its P/B is 1.52 versus 9.61. On these measures, Open Text screens cheaper. But multiples are only one part of the comparison. They don’t show whether either stock is worth more or less than its current market price.

Bull case

Open Text, the lower-multiple stock, also has a 2.96% dividend yield and trailing-twelve-month ROE of 16.2% in the snapshot. These figures may interest investors comparing valuation and income, but they don’t show that the shares are undervalued.

Bear case

Open Text’s lower multiples don’t explain why the market values it less or whether that difference is justified. The snapshot also gives it a Strong Sell consensus label, while the listed C$0.00 analyst target offers no useful positive price reference.

How the valuation multiples compare

Open Text has lower readings on all three multiples provided. Its P/E is 10.4, compared with 45.7 for Kinaxis. Its PEG is 1.02 versus 1.82, and its P/B is 1.52 versus 9.61. That makes Open Text the cheaper-looking stock on these measures. It doesn’t prove the market has mispriced Open Text or that Kinaxis is too expensive. Multiples don’t capture every difference between companies, and this snapshot doesn’t explain the valuation gap. You can review the company pages for Open Text and Kinaxis.

Income, returns and the limits of the snapshot

Open Text has a 2.96% dividend yield in the snapshot, while Kinaxis has a 0.00% yield. Kinaxis reports higher trailing-twelve-month ROE: 20.7%, compared with 16.2% for Open Text. These figures add context, but they don’t settle which company offers better value. The supplied table gives both stocks a Strong Sell consensus label and a C$0.00 analyst target. Treat these as snapshot data, not a conclusion about valuation. A fuller assessment would need more information than the figures provided here.

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: November 4, 2026
Last Updated: November 4, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26