ONESPAN INC (OSPN) Fundamental Analysis & Valuation
NASDAQ:OSPN • US68287N1000
Current stock price
10.94 USD
+0.34 (+3.21%)
At close:
10.9036 USD
-0.04 (-0.33%)
After Hours:
This OSPN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. OSPN Profitability Analysis
1.1 Basic Checks
- In the past year OSPN was profitable.
- In the past year OSPN had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: OSPN reported negative net income in multiple years.
- The reported operating cash flow has been mixed in the past 5 years: OSPN reported negative operating cash flow in multiple years.
1.2 Ratios
- OSPN's Return On Assets of 18.33% is amongst the best of the industry. OSPN outperforms 95.20% of its industry peers.
- Looking at the Return On Equity, with a value of 26.82%, OSPN belongs to the top of the industry, outperforming 90.41% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 13.97%, OSPN belongs to the best of the industry, outperforming 90.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.33% | ||
| ROE | 26.82% | ||
| ROIC | 13.97% |
ROA(3y)8.29%
ROA(5y)2.33%
ROE(3y)11.65%
ROE(5y)2.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- OSPN has a better Profit Margin (29.98%) than 93.36% of its industry peers.
- With an excellent Operating Margin value of 20.59%, OSPN belongs to the best of the industry, outperforming 87.82% of the companies in the same industry.
- OSPN has a better Gross Margin (73.75%) than 60.89% of its industry peers.
- In the last couple of years the Gross Margin of OSPN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.59% | ||
| PM (TTM) | 29.98% | ||
| GM | 73.75% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.91%
GM growth 5Y1.5%
2. OSPN Health Analysis
2.1 Basic Checks
- OSPN has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- The number of shares outstanding for OSPN has been reduced compared to 1 year ago.
- The number of shares outstanding for OSPN has been reduced compared to 5 years ago.
- There is no outstanding debt for OSPN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- An Altman-Z score of 3.89 indicates that OSPN is not in any danger for bankruptcy at the moment.
- OSPN has a Altman-Z score of 3.89. This is in the better half of the industry: OSPN outperforms 71.22% of its industry peers.
- There is no outstanding debt for OSPN. 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 | 0 | ||
| Altman-Z | 3.89 |
ROIC/WACC1.33
WACC10.48%
2.3 Liquidity
- A Current Ratio of 1.50 indicates that OSPN should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.50, OSPN is in line with its industry, outperforming 45.76% of the companies in the same industry.
- A Quick Ratio of 1.41 indicates that OSPN should not have too much problems paying its short term obligations.
- The Quick ratio of OSPN (1.41) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.5 | ||
| Quick Ratio | 1.41 |
3. OSPN Growth Analysis
3.1 Past
- OSPN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.98%, which is quite good.
- The Earnings Per Share has been growing by 56.04% on average over the past years. This is a very strong growth
- Looking at the last year, OSPN shows a decrease in Revenue. The Revenue has decreased by 0.00% in the last year.
- OSPN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.43% yearly.
EPS 1Y (TTM)12.98%
EPS 3YN/A
EPS 5Y56.04%
EPS Q2Q%50%
Revenue 1Y (TTM)0%
Revenue growth 3Y3.55%
Revenue growth 5Y2.43%
Sales Q2Q%2.85%
3.2 Future
- OSPN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.62% yearly.
- OSPN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.83% yearly.
EPS Next Y-16.19%
EPS Next 2Y-4.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.51%
Revenue Next 2Y2.83%
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 decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. OSPN Valuation Analysis
4.1 Price/Earnings Ratio
- OSPN is valuated cheaply with a Price/Earnings ratio of 7.39.
- OSPN's Price/Earnings ratio is rather cheap when compared to the industry. OSPN is cheaper than 92.62% of the companies in the same industry.
- OSPN's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.18.
- Based on the Price/Forward Earnings ratio of 8.82, the valuation of OSPN can be described as reasonable.
- OSPN's Price/Forward Earnings ratio is rather cheap when compared to the industry. OSPN is cheaper than 87.82% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 37.96. OSPN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.39 | ||
| Fwd PE | 8.82 |
4.2 Price Multiples
- 94.83% of the companies in the same industry are more expensive than OSPN, based on the Enterprise Value to EBITDA ratio.
- OSPN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. OSPN is cheaper than 91.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.13 | ||
| EV/EBITDA | 5.64 |
4.3 Compensation for Growth
- The decent profitability rating of OSPN may justify a higher PE ratio.
- A cheap valuation may be justified as OSPN's earnings are expected to decrease with -4.62% in the coming years.
PEG (NY)N/A
PEG (5Y)0.13
EPS Next 2Y-4.62%
EPS Next 3YN/A
5. OSPN Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 4.55%, OSPN is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 0.65, OSPN pays a better dividend. On top of this OSPN pays more dividend than 96.68% of the companies listed in the same industry.
- OSPN's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.55% |
5.2 History
- OSPN is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- OSPN pays out 25.32% of its income as dividend. This is a sustainable payout ratio.
DP25.32%
EPS Next 2Y-4.62%
EPS Next 3YN/A
OSPN Fundamentals: All Metrics, Ratios and Statistics
10.94
+0.34 (+3.21%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-26 2026-02-26/amc
Earnings (Next)04-30 2026-04-30
Inst Owners98.07%
Inst Owner Change0%
Ins Owners1.97%
Ins Owner Change3.19%
Market Cap409.92M
Revenue(TTM)243.18M
Net Income(TTM)72.90M
Analysts78
Price Target16.58 (51.55%)
Short Float %5.65%
Short Ratio2.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.55% |
Yearly Dividend0.49
Dividend Growth(5Y)N/A
DP25.32%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-13 2026-03-13 (0.13)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.11%
Min EPS beat(2)12.18%
Max EPS beat(2)20.05%
EPS beat(4)4
Avg EPS beat(4)20.36%
Min EPS beat(4)12.18%
Max EPS beat(4)35.33%
EPS beat(8)7
Avg EPS beat(8)47.84%
EPS beat(12)9
Avg EPS beat(12)72.64%
EPS beat(16)12
Avg EPS beat(16)75.88%
Revenue beat(2)1
Avg Revenue beat(2)-0.34%
Min Revenue beat(2)-3.86%
Max Revenue beat(2)3.18%
Revenue beat(4)1
Avg Revenue beat(4)-0.5%
Min Revenue beat(4)-3.86%
Max Revenue beat(4)3.18%
Revenue beat(8)5
Avg Revenue beat(8)2.71%
Revenue beat(12)8
Avg Revenue beat(12)2.67%
Revenue beat(16)11
Avg Revenue beat(16)2.68%
PT rev (1m)-1.52%
PT rev (3m)-1.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.16%
EPS NY rev (1m)-4.7%
EPS NY rev (3m)-14.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.96%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.39 | ||
| Fwd PE | 8.82 | ||
| P/S | 1.69 | ||
| P/FCF | 8.13 | ||
| P/OCF | 6.89 | ||
| P/B | 1.51 | ||
| P/tB | 2.59 | ||
| EV/EBITDA | 5.64 |
EPS(TTM)1.48
EY13.53%
EPS(NY)1.24
Fwd EY11.34%
FCF(TTM)1.35
FCFY12.3%
OCF(TTM)1.59
OCFY14.5%
SpS6.49
BVpS7.25
TBVpS4.22
PEG (NY)N/A
PEG (5Y)0.13
Graham Number15.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.33% | ||
| ROE | 26.82% | ||
| ROCE | 17.69% | ||
| ROIC | 13.97% | ||
| ROICexc | 18.6% | ||
| ROICexgc | 39.94% | ||
| OM | 20.59% | ||
| PM (TTM) | 29.98% | ||
| GM | 73.75% | ||
| FCFM | 20.73% |
ROA(3y)8.29%
ROA(5y)2.33%
ROE(3y)11.65%
ROE(5y)2.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.91%
GM growth 5Y1.5%
F-Score6
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 89.82% | ||
| Cap/Sales | 3.72% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 98.85% | ||
| Profit Quality | 69.14% | ||
| Current Ratio | 1.5 | ||
| Quick Ratio | 1.41 | ||
| Altman-Z | 3.89 |
F-Score6
WACC10.48%
ROIC/WACC1.33
Cap/Depr(3y)131.56%
Cap/Depr(5y)98.02%
Cap/Sales(3y)4.29%
Cap/Sales(5y)3.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.98%
EPS 3YN/A
EPS 5Y56.04%
EPS Q2Q%50%
EPS Next Y-16.19%
EPS Next 2Y-4.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0%
Revenue growth 3Y3.55%
Revenue growth 5Y2.43%
Sales Q2Q%2.85%
Revenue Next Year2.51%
Revenue Next 2Y2.83%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1.68%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-0.59%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y8.73%
FCF growth 3YN/A
FCF growth 5Y33.65%
OCF growth 1Y6.8%
OCF growth 3YN/A
OCF growth 5Y31.85%
ONESPAN INC / OSPN Fundamental Analysis FAQ
What is the fundamental rating for OSPN stock?
ChartMill assigns a fundamental rating of 6 / 10 to OSPN.
What is the valuation status of ONESPAN INC (OSPN) stock?
ChartMill assigns a valuation rating of 8 / 10 to ONESPAN INC (OSPN). This can be considered as Undervalued.
Can you provide the profitability details for ONESPAN INC?
ONESPAN INC (OSPN) has a profitability rating of 6 / 10.
What is the expected EPS growth for ONESPAN INC (OSPN) stock?
The Earnings per Share (EPS) of ONESPAN INC (OSPN) is expected to decline by -16.19% in the next year.
Can you provide the dividend sustainability for OSPN stock?
The dividend rating of ONESPAN INC (OSPN) is 5 / 10 and the dividend payout ratio is 25.32%.