12.78 USD
+0.04 (+0.31%)
12.98 USD
+0.2 (+1.56%)
We assign a fundamental rating of 6 out of 10 to OSPN. OSPN was compared to 278 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 cheap, but on the other hand it scores bad on growth. With these ratings, OSPN could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
OSPN had positive earnings in the past year.
In the past year OSPN had a positive cash flow from operations.
OSPN had negative earnings in 4 of the past 5 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
With an excellent Return On Assets value of 16.93%, OSPN belongs to the best of the industry, outperforming 93.17% of the companies in the same industry.
The Return On Equity of OSPN (24.40%) is better than 91.01% of its industry peers.
The Return On Invested Capital of OSPN (15.40%) is better than 92.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.93% | ||
| ROE | 24.4% | ||
| ROIC | 15.4% |
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 better Profit Margin (24.08%) than 87.41% of its industry peers.
In the last couple of years the Profit Margin of OSPN has grown nicely.
OSPN's Operating Margin of 20.47% is amongst the best of the industry. OSPN outperforms 85.97% of its industry peers.
In the last couple of years the Operating Margin of OSPN has grown nicely.
Looking at the Gross Margin, with a value of 73.87%, OSPN is in the better half of the industry, outperforming 61.51% of the companies in the same industry.
In the last couple of years the Gross Margin of OSPN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.47% | ||
| PM (TTM) | 24.08% | ||
| GM | 73.87% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OSPN is still creating some value.
OSPN has more shares outstanding than it did 1 year ago.
OSPN has less shares outstanding than it did 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
OSPN has an Altman-Z score of 4.88. This indicates that OSPN is financially healthy and has little risk of bankruptcy at the moment.
OSPN's Altman-Z score of 4.88 is fine compared to the rest of the industry. OSPN outperforms 68.70% of its industry peers.
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 | 4.88 |
ROIC/WACC1.4
WACC11.01%
2.3 Liquidity
A Current Ratio of 1.75 indicates that OSPN should not have too much problems paying its short term obligations.
OSPN has a Current ratio (1.75) which is in line with its industry peers.
A Quick Ratio of 1.62 indicates that OSPN should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.62, OSPN is in line with its industry, outperforming 52.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.62 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.94% 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 -1.43% in the last year.
The Revenue has been decreasing by -0.83% on average over the past years.
EPS 1Y (TTM)7.94%
EPS 3YN/A
EPS 5Y19.39%
EPS Q2Q%0%
Revenue 1Y (TTM)-1.43%
Revenue growth 3Y4.27%
Revenue growth 5Y-0.83%
Sales Q2Q%1.45%
3.2 Future
The Earnings Per Share is expected to grow by 5.08% on average over the next years.
OSPN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.56% yearly.
EPS Next Y10.8%
EPS Next 2Y4.95%
EPS Next 3Y5.08%
EPS Next 5YN/A
Revenue Next Year-0.13%
Revenue Next 2Y0.91%
Revenue Next 3Y1.56%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 9.40 indicates a reasonable valuation of OSPN.
OSPN's Price/Earnings ratio is rather cheap when compared to the industry. OSPN is cheaper than 88.49% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.39. OSPN is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 8.86, which indicates a very decent valuation of OSPN.
89.93% of the companies in the same industry are more expensive than OSPN, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.84, OSPN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.4 | ||
| Fwd PE | 8.86 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OSPN indicates a rather cheap valuation: OSPN is cheaper than 93.88% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OSPN indicates a rather cheap valuation: OSPN is cheaper than 93.53% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.48 | ||
| EV/EBITDA | 6.8 |
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.
OSPN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.87
PEG (5Y)0.48
EPS Next 2Y4.95%
EPS Next 3Y5.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.77%, OSPN has a reasonable but not impressive dividend return.
OSPN's Dividend Yield is rather good when compared to the industry average which is at 0.52. OSPN pays more dividend than 96.76% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, OSPN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.77% |
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 2Y4.95%
EPS Next 3Y5.08%
12.78
+0.04 (+0.31%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners101.54%
Inst Owner Change2.45%
Ins Owners1.67%
Ins Owner Change2.73%
Market Cap486.02M
Revenue(TTM)241.44M
Net Income(TTM)58.15M
Analysts80
Price Target16.83 (31.69%)
Short Float %6.53%
Short Ratio4.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.77% |
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)13.02%
Min EPS beat(2)12.18%
Max EPS beat(2)13.86%
EPS beat(4)3
Avg EPS beat(4)13.41%
Min EPS beat(4)-7.73%
Max EPS beat(4)35.33%
EPS beat(8)7
Avg EPS beat(8)104.48%
EPS beat(12)9
Avg EPS beat(12)82.74%
EPS beat(16)11
Avg EPS beat(16)62.49%
Revenue beat(2)0
Avg Revenue beat(2)-2.25%
Min Revenue beat(2)-3.86%
Max Revenue beat(2)-0.64%
Revenue beat(4)1
Avg Revenue beat(4)-0.61%
Min Revenue beat(4)-3.86%
Max Revenue beat(4)2.75%
Revenue beat(8)5
Avg Revenue beat(8)3.05%
Revenue beat(12)8
Avg Revenue beat(12)2.76%
Revenue beat(16)11
Avg Revenue beat(16)2.76%
PT rev (1m)-15.38%
PT rev (3m)-15.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-16.81%
EPS NY rev (1m)-0.24%
EPS NY rev (3m)-0.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.1%
Revenue NY rev (1m)-1.2%
Revenue NY rev (3m)-3.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.4 | ||
| Fwd PE | 8.86 | ||
| P/S | 2.01 | ||
| P/FCF | 9.48 | ||
| P/OCF | 8.19 | ||
| P/B | 2.04 | ||
| P/tB | 3.86 | ||
| EV/EBITDA | 6.8 |
EPS(TTM)1.36
EY10.64%
EPS(NY)1.44
Fwd EY11.29%
FCF(TTM)1.35
FCFY10.55%
OCF(TTM)1.56
OCFY12.2%
SpS6.35
BVpS6.27
TBVpS3.31
PEG (NY)0.87
PEG (5Y)0.48
Graham Number13.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.93% | ||
| ROE | 24.4% | ||
| ROCE | 19.5% | ||
| ROIC | 15.4% | ||
| ROICexc | 23.25% | ||
| ROICexgc | 70.15% | ||
| OM | 20.47% | ||
| PM (TTM) | 24.08% | ||
| GM | 73.87% | ||
| FCFM | 21.23% |
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-Score6
Asset Turnover0.7
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 85.38% | ||
| Cap/Sales | 3.33% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 100.78% | ||
| Profit Quality | 88.15% | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.62 | ||
| Altman-Z | 4.88 |
F-Score6
WACC11.01%
ROIC/WACC1.4
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)7.94%
EPS 3YN/A
EPS 5Y19.39%
EPS Q2Q%0%
EPS Next Y10.8%
EPS Next 2Y4.95%
EPS Next 3Y5.08%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.43%
Revenue growth 3Y4.27%
Revenue growth 5Y-0.83%
Sales Q2Q%1.45%
Revenue Next Year-0.13%
Revenue Next 2Y0.91%
Revenue Next 3Y1.56%
Revenue Next 5YN/A
EBIT growth 1Y15.06%
EBIT growth 3YN/A
EBIT growth 5Y28.24%
EBIT Next Year25.9%
EBIT Next 3Y9.98%
EBIT Next 5YN/A
FCF growth 1Y393.08%
FCF growth 3YN/A
FCF growth 5Y33.85%
OCF growth 1Y1096.82%
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 9.4 and the Price/Book (PB) ratio is 2.04.
What is the earnings growth outlook for ONESPAN INC?
The Earnings per Share (EPS) of ONESPAN INC (OSPN) is expected to grow by 10.8% in the next year.