ON24 INC (ONTF)
US68339B1044 - Common Stock
ONTF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 277 industry peers in the Software industry. While ONTF has a great health rating, there are worries on its profitability. ONTF has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
ONTF had positive earnings in the past year.
ONTF had a negative operating cash flow in the past year.
In the past 5 years ONTF reported 4 times negative net income.
In multiple years ONTF reported negative operating cash flow during the last 5 years.
1.2 Ratios
ONTF has a worse Return On Assets (-16.68%) than 65.22% of its industry peers.
The Return On Equity of ONTF (-25.74%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -16.68% | ||
| ROE | -25.74% | ||
| ROIC | N/A |
ROA(3y)-12.44%
ROA(5y)-16.37%
ROE(3y)-18.21%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of ONTF (74.19%) is better than 66.67% of its industry peers.
ONTF's Gross Margin has been stable in the last couple of years.
ONTF 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 | 74.19% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.36%
GM growth 5Y0.97%
2. Health
2.1 Basic Checks
ONTF does not have a ROIC to compare to the WACC, probably because it is not profitable.
ONTF has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ONTF has less shares outstanding
Compared to 1 year ago, ONTF has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.75, we must say that ONTF is in the distress zone and has some risk of bankruptcy.
ONTF's Altman-Z score of 0.75 is on the low side compared to the rest of the industry. ONTF is outperformed by 65.58% of its industry peers.
There is no outstanding debt for ONTF. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.75 |
ROIC/WACCN/A
WACC9.91%
2.3 Liquidity
ONTF has a Current Ratio of 2.67. This indicates that ONTF is financially healthy and has no problem in meeting its short term obligations.
ONTF's Current ratio of 2.67 is fine compared to the rest of the industry. ONTF outperforms 72.83% of its industry peers.
A Quick Ratio of 2.67 indicates that ONTF has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.67, ONTF is in the better half of the industry, outperforming 72.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.67 | ||
| Quick Ratio | 2.67 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 151.72% over the past year.
The Revenue for ONTF has decreased by -14.60% in the past year. This is quite bad
Measured over the past years, ONTF shows a quite strong growth in Revenue. The Revenue has been growing by 14.66% on average per year.
EPS 1Y (TTM)151.72%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q150%
Revenue 1Y (TTM)-14.6%
Revenue growth 3Y1.43%
Revenue growth 5Y14.66%
Revenue growth Q2Q-12.39%
3.2 Future
Based on estimates for the next years, ONTF will show a small growth in Earnings Per Share. The EPS will grow by 6.46% on average per year.
ONTF is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.08% yearly.
EPS Next Y-47.11%
EPS Next 2Y6.46%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-10.4%
Revenue Next 2Y-5.08%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 42.67, which means the current valuation is very expensive for ONTF.
66.67% of the companies in the same industry are more expensive than ONTF, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 28.15. ONTF is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 62.75, which means the current valuation is very expensive for ONTF.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ONTF is on the same level as its industry peers.
ONTF is valuated expensively when we compare the Price/Forward Earnings ratio to 20.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.67 | ||
| Fwd PE | 62.75 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y6.46%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 17.03%, ONTF is a good candidate for dividend investing.
In the last 3 months the price of ONTF has falen by -22.89%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
ONTF's Dividend Yield is rather good when compared to the industry average which is at 12.72. ONTF pays more dividend than 99.28% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, ONTF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.03% |
5.2 History
ONTF does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
ONTF has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-111.08%
EPS Next 2Y6.46%
EPS Next 3YN/A
ON24 INC
NYSE:ONTF (5/17/2024, 7:17:55 PM)
After market: 6.4 0 (0%)6.4
-0.14 (-2.14%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap267.71M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.03% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.67 | ||
| Fwd PE | 62.75 | ||
| 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)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -16.68% | ||
| ROE | -25.74% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 74.19% | ||
| 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 Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.67 | ||
| Quick Ratio | 2.67 | ||
| 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)151.72%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-47.11%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-14.6%
Revenue growth 3Y1.43%
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