ASURE SOFTWARE INC (ASUR)
US04649U1025 - Common Stock
We assign a fundamental rating of 4 out of 10 to ASUR. ASUR was compared to 81 industry peers in the Professional Services industry. ASUR scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. ASUR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year ASUR was profitable.
In the past year ASUR had a positive cash flow from operations.
In multiple years ASUR reported negative net income over the last 5 years.
In multiple years ASUR reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a Return On Assets value of -2.08%, ASUR is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
With a Return On Equity value of -4.81%, ASUR is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.08% | ||
| ROE | -4.81% | ||
| ROIC | N/A |
ROA(3y)-1.6%
ROA(5y)0.28%
ROE(3y)-4.26%
ROE(5y)-0.43%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ASUR's Gross Margin of 71.84% is amongst the best of the industry. ASUR outperforms 86.25% of its industry peers.
ASUR's Gross Margin has improved in the last couple of years.
ASUR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 71.84% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.29%
GM growth 5Y2.95%
2. Health
2.1 Basic Checks
ASUR does not have a ROIC to compare to the WACC, probably because it is not profitable.
ASUR has more shares outstanding than it did 1 year ago.
ASUR has more shares outstanding than it did 5 years ago.
ASUR has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.11, we must say that ASUR is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of ASUR (-0.11) is worse than 81.25% of its industry peers.
The Debt to FCF ratio of ASUR is 1.63, which is an excellent value as it means it would take ASUR, only 1.63 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of ASUR (1.63) is better than 75.00% of its industry peers.
A Debt/Equity ratio of 0.02 indicates that ASUR is not too dependend on debt financing.
The Debt to Equity ratio of ASUR (0.02) is better than 67.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | 1.63 | ||
| Altman-Z | -0.11 |
ROIC/WACCN/A
WACC9.56%
2.3 Liquidity
A Current Ratio of 1.11 indicates that ASUR should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.11, ASUR is doing worse than 66.25% of the companies in the same industry.
ASUR has a Quick Ratio of 1.11. This is a normal value and indicates that ASUR is financially healthy and should not expect problems in meeting its short term obligations.
ASUR has a worse Quick ratio (1.11) than 65.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 170.87% over the past year.
ASUR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.16% yearly.
ASUR shows a strong growth in Revenue. In the last year, the Revenue has grown by 24.27%.
The Revenue has been growing by 13.36% on average over the past years. This is quite good.
EPS 1Y (TTM)170.87%
EPS 3Y43.69%
EPS 5Y2.16%
EPS growth Q2Q-57.06%
Revenue 1Y (TTM)24.27%
Revenue growth 3Y22.05%
Revenue growth 5Y13.36%
Revenue growth Q2Q-10.33%
3.2 Future
The Earnings Per Share is expected to grow by 8.32% on average over the next years. This is quite good.
ASUR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.90% yearly.
EPS Next Y12.24%
EPS Next 2Y8.32%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.74%
Revenue Next 2Y4.9%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.35, which indicates a very decent valuation of ASUR.
Based on the Price/Earnings ratio, ASUR is valued cheaper than 86.25% of the companies in the same industry.
ASUR is valuated cheaply when we compare the Price/Earnings ratio to 28.28, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.07 indicates a reasonable valuation of ASUR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ASUR indicates a rather cheap valuation: ASUR is cheaper than 88.75% of the companies listed in the same industry.
ASUR is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.35 | ||
| Fwd PE | 10.07 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ASUR is valued a bit cheaper than 75.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ASUR is valued a bit more expensive than the industry average as 66.25% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.77 | ||
| EV/EBITDA | 11.09 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.93
PEG (5Y)5.27
EPS Next 2Y8.32%
EPS Next 3YN/A
5. Dividend
5.1 Amount
ASUR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ASURE SOFTWARE INC
NASDAQ:ASUR (5/3/2024, 5:40:56 PM)
7.04
-0.92 (-11.56%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap181.35M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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PT rev (1m)
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EPS NQ rev (1m)
EPS NQ rev (3m)
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Revenue NQ rev (1m)
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Revenue NY rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.35 | ||
| Fwd PE | 10.07 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.93
PEG (5Y)5.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.08% | ||
| ROE | -4.81% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 71.84% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.02 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)170.87%
EPS 3Y43.69%
EPS 5Y
EPS growth Q2Q
EPS Next Y12.24%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)24.27%
Revenue growth 3Y22.05%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y