ONESPAN INC (OSPN) Stock Fundamental Analysis
USA - NASDAQ:OSPN - US68287N1000 - Common Stock
15.99 USD
-0.01 (-0.06%)
15.99 USD
0 (0%)
Overall OSPN gets a fundamental rating of 6 out of 10. We evaluated OSPN against 285 industry peers in the Software industry. OSPN gets an excellent profitability rating and is at the same time showing great financial health properties. OSPN is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make OSPN suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year OSPN was profitable.
OSPN had a positive operating cash flow in the past year.
In the past 5 years OSPN reported 4 times negative net income.
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
Looking at the Return On Assets, with a value of 16.78%, OSPN belongs to the top of the industry, outperforming 91.93% of the companies in the same industry.
With an excellent Return On Equity value of 24.70%, OSPN belongs to the best of the industry, outperforming 88.77% of the companies in the same industry.
The Return On Invested Capital of OSPN (15.84%) is better than 92.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.78% | ||
| ROE | 24.7% | ||
| ROIC | 15.84% |
ROA(3y)0.75%
ROA(5y)-1.63%
ROE(3y)0.35%
ROE(5y)-3%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
OSPN has a Profit Margin of 24.90%. This is amongst the best in the industry. OSPN outperforms 89.12% of its industry peers.
In the last couple of years the Profit Margin of OSPN has grown nicely.
The Operating Margin of OSPN (21.80%) is better than 88.42% of its industry peers.
OSPN's Operating Margin has improved in the last couple of years.
OSPN has a better Gross Margin (73.93%) than 62.46% of its industry peers.
OSPN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.8% | ||
| PM (TTM) | 24.9% | ||
| GM | 73.93% |
OM growth 3YN/A
OM growth 5Y29.31%
PM growth 3YN/A
PM growth 5Y49.76%
GM growth 3Y2.52%
GM growth 5Y1.64%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OSPN is creating some value.
The number of shares outstanding for OSPN has been increased compared to 1 year ago.
Compared to 5 years ago, OSPN has less shares outstanding
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 5.28 indicates that OSPN is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 5.28, OSPN is doing good in the industry, outperforming 69.82% of the companies in the same industry.
OSPN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.28 |
ROIC/WACC1.44
WACC11%
2.3 Liquidity
OSPN has a Current Ratio of 1.77. This is a normal value and indicates that OSPN is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of OSPN (1.77) is comparable to the rest of the industry.
A Quick Ratio of 1.65 indicates that OSPN should not have too much problems paying its short term obligations.
OSPN has a Quick ratio (1.65) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.65 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 33.33% over the past year.
Measured over the past years, OSPN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.39% on average per year.
Looking at the last year, OSPN shows a decrease in Revenue. The Revenue has decreased by -2.79% in the last year.
The Revenue has been decreasing by -0.83% on average over the past years.
EPS 1Y (TTM)33.33%
EPS 3YN/A
EPS 5Y19.39%
EPS Q2Q%9.68%
Revenue 1Y (TTM)-2.79%
Revenue growth 3Y4.27%
Revenue growth 5Y-0.83%
Sales Q2Q%-1.77%
3.2 Future
Based on estimates for the next years, OSPN will show a small growth in Earnings Per Share. The EPS will grow by 6.24% on average per year.
The Revenue is expected to grow by 4.37% on average over the next years.
EPS Next Y11.41%
EPS Next 2Y7.43%
EPS Next 3Y6.24%
EPS Next 5YN/A
Revenue Next Year3.12%
Revenue Next 2Y4.27%
Revenue Next 3Y4.37%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.76, which indicates a very decent valuation of OSPN.
OSPN's Price/Earnings ratio is rather cheap when compared to the industry. OSPN is cheaper than 88.07% of the companies in the same industry.
When comparing the Price/Earnings ratio of OSPN to the average of the S&P500 Index (26.89), we can say OSPN is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.58, the valuation of OSPN can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OSPN indicates a rather cheap valuation: OSPN is cheaper than 89.12% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of OSPN to the average of the S&P500 Index (22.99), we can say OSPN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.76 | ||
| Fwd PE | 10.58 |
4.2 Price Multiples
OSPN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. OSPN is cheaper than 92.63% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, OSPN is valued cheaply inside the industry as 93.68% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.23 | ||
| EV/EBITDA | 8.49 |
4.3 Compensation for Growth
OSPN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
OSPN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.03
PEG (5Y)0.61
EPS Next 2Y7.43%
EPS Next 3Y6.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.04%, OSPN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 34.34, OSPN pays a better dividend. On top of this OSPN pays more dividend than 97.54% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, OSPN pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
5.2 History
OSPN 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
DPN/A
EPS Next 2Y7.43%
EPS Next 3Y6.24%
15.99
-0.01 (-0.06%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners97.76%
Inst Owner Change0.12%
Ins Owners1.55%
Ins Owner Change2.1%
Market Cap612.74M
Revenue(TTM)240.62M
Net Income(TTM)59.91M
Analysts80
Price Target19.89 (24.39%)
Short Float %6.07%
Short Ratio5.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.6%
Min EPS beat(2)13.86%
Max EPS beat(2)35.33%
EPS beat(4)3
Avg EPS beat(4)27.94%
Min EPS beat(4)-7.73%
Max EPS beat(4)70.28%
EPS beat(8)7
Avg EPS beat(8)143.03%
EPS beat(12)9
Avg EPS beat(12)92.39%
EPS beat(16)11
Avg EPS beat(16)69.4%
Revenue beat(2)0
Avg Revenue beat(2)-0.66%
Min Revenue beat(2)-0.68%
Max Revenue beat(2)-0.64%
Revenue beat(4)2
Avg Revenue beat(4)0.54%
Min Revenue beat(4)-0.68%
Max Revenue beat(4)2.75%
Revenue beat(8)6
Avg Revenue beat(8)3.91%
Revenue beat(12)9
Avg Revenue beat(12)3.62%
Revenue beat(16)11
Avg Revenue beat(16)2.98%
PT rev (1m)0%
PT rev (3m)0.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.76 | ||
| Fwd PE | 10.58 | ||
| P/S | 2.55 | ||
| P/FCF | 11.23 | ||
| P/OCF | 9.88 | ||
| P/B | 2.53 | ||
| P/tB | 4.77 | ||
| EV/EBITDA | 8.49 |
EPS(TTM)1.36
EY8.51%
EPS(NY)1.51
Fwd EY9.45%
FCF(TTM)1.42
FCFY8.9%
OCF(TTM)1.62
OCFY10.12%
SpS6.28
BVpS6.33
TBVpS3.36
PEG (NY)1.03
PEG (5Y)0.61
Graham Number13.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.78% | ||
| ROE | 24.7% | ||
| ROCE | 20.06% | ||
| ROIC | 15.84% | ||
| ROICexc | 24.57% | ||
| ROICexgc | 75.75% | ||
| OM | 21.8% | ||
| PM (TTM) | 24.9% | ||
| GM | 73.93% | ||
| FCFM | 22.67% |
ROA(3y)0.75%
ROA(5y)-1.63%
ROE(3y)0.35%
ROE(5y)-3%
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 5Y39.04%
ROICexc growth 3YN/A
ROICexc growth 5Y36.55%
OM growth 3YN/A
OM growth 5Y29.31%
PM growth 3YN/A
PM growth 5Y49.76%
GM growth 3Y2.52%
GM growth 5Y1.64%
F-Score7
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 84.43% | ||
| Cap/Sales | 3.09% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 101.2% | ||
| Profit Quality | 91.06% | ||
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.65 | ||
| Altman-Z | 5.28 |
F-Score7
WACC11%
ROIC/WACC1.44
Cap/Depr(3y)125.33%
Cap/Depr(5y)85.22%
Cap/Sales(3y)3.82%
Cap/Sales(5y)2.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.33%
EPS 3YN/A
EPS 5Y19.39%
EPS Q2Q%9.68%
EPS Next Y11.41%
EPS Next 2Y7.43%
EPS Next 3Y6.24%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.79%
Revenue growth 3Y4.27%
Revenue growth 5Y-0.83%
Sales Q2Q%-1.77%
Revenue Next Year3.12%
Revenue Next 2Y4.27%
Revenue Next 3Y4.37%
Revenue Next 5YN/A
EBIT growth 1Y60.22%
EBIT growth 3YN/A
EBIT growth 5Y28.24%
EBIT Next Year27.01%
EBIT Next 3Y12.41%
EBIT Next 5YN/A
FCF growth 1Y578.97%
FCF growth 3YN/A
FCF growth 5Y33.85%
OCF growth 1Y6987.56%
OCF growth 3YN/A
OCF growth 5Y25%
ONESPAN INC / OSPN FAQ
What is the ChartMill fundamental rating of ONESPAN INC (OSPN) stock?
ChartMill assigns a fundamental rating of 6 / 10 to OSPN.
What is the valuation status for OSPN stock?
ChartMill assigns a valuation rating of 8 / 10 to ONESPAN INC (OSPN). This can be considered as Undervalued.
How profitable is ONESPAN INC (OSPN) stock?
ONESPAN INC (OSPN) has a profitability rating of 7 / 10.
What is the valuation of ONESPAN INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ONESPAN INC (OSPN) is 11.76 and the Price/Book (PB) ratio is 2.53.
What is the earnings growth outlook for ONESPAN INC?
The Earnings per Share (EPS) of ONESPAN INC (OSPN) is expected to grow by 11.41% in the next year.