CounterPath Corporation trades with the ticker PATH on the TSX and is in the Software – Application industry.
Overview
CounterPath Corporation designs, develops, and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications services over Internet protocol based networks in North America and internationally. Its products include Bria softphone suite that enables consumers and business users to make VoIP audio and video calls, send instant messages, manage their presence, share their screen, and collaborate with other users using desktop computers and laptops, smartphones, and tablets; and Bria Solo, which offers individual users to deploy their own softphones for use against SIP-based call sever. The company also offers software development kits that deliver voice, video, and messaging capabilities for desktop computers and mobile devices; Stretto Platform, a carrier-grade software platform for enterprises and service providers; Bria Teams, which delivers centralized provisioning, messaging, presence, screen sharing, video conferencing, and collaboration; and Bria Enterprise, an application for enterprises, service providers, and telecommunication channel partners to leverage the Stretto Platform to procure, distribute, provide, and manage Bria Enterprise clients from the cloud; and hosted messaging and collaboration solutions. In addition, it provides subscription, support, and maintenance services; and professional and other services, such as product configuration and customization, implementation, engineering, and training. The company sells its products and services through its own and third-party online stores; directly using its in-house sales team; and its channel partners. It serves small, medium, and large enterprises; telecommunications service providers and Internet telephony service providers; original equipment manufacturers, value added distributors, and value added resellers serving the telecommunication market; and end users. The company was founded in 2002 and is headquartered in Vancouver, Canada.
Looking to invest in CounterPath Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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PATH.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $26.802MM
PE Ratio: 39.252
Price: 24.1 (Updated: 3/12/2024 0:47:16)
CounterPath Corporation (PATH) vs Competitors in Software – Application
Lets see how PATH.TO stacks up against others in the Software – Application asset management industry. We have identified its main peers as:Absolute Software Corporation, NexJ Systems Inc
.Software – Application Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Absolute Software Corporation (ABT) | $646.928 | 63.417 | 28.327 | 2.0% |
| NexJ Systems Inc (NXJ) | $11.528 | N/A | -3.514 | 0.0% |
| CounterPath Corporation (PATH) | $26.802 | 39.252 | 25.644 | 0.0% |
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
- CounterPath Corporation (PATH) vs Absolute Software Corporation (ABT)
- ABT has higher EPS (0.24 vs 0.107). ABT has higher dividend yield (2.0% vs 0.0%). ABT has a higher P/E ratio (63.417 vs 39.252) indicating it’s more expensive.
- CounterPath Corporation (PATH) vs NexJ Systems Inc (NXJ)
- PATH has higher EPS (0.107 vs -0.04). NXJ has higher dividend yield (0.0% vs 0.0%). NXJ has a P/E under 0, indicating PATH (P/E 39.252) is in a better position.
Our Recommendation: Hold
Has a lower P/E ratio (39.25) than the industry average (51.33), indicating potential undervaluation.
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