12.2 USD
+0.01 (+0.08%)
12.1 USD
-0.1 (-0.82%)
We assign a fundamental rating of 6 out of 10 to OSPN. OSPN was compared to 280 industry peers in the Software industry. OSPN has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. OSPN has a bad growth rate and is valued cheaply. This makes OSPN very considerable for value investing!
1. Profitability
1.1 Basic Checks
OSPN had positive earnings in the past year.
OSPN had a positive operating cash flow in the past year.
In the past 5 years OSPN reported 4 times negative net income.
In multiple years OSPN reported negative operating cash flow during the last 5 years.
1.2 Ratios
OSPN's Return On Assets of 16.93% is amongst the best of the industry. OSPN outperforms 92.14% of its industry peers.
OSPN has a better Return On Equity (24.40%) than 90.36% of its industry peers.
OSPN has a better Return On Invested Capital (15.40%) than 91.79% 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
The Profit Margin of OSPN (24.08%) is better than 87.86% of its industry peers.
In the last couple of years the Profit Margin of OSPN has grown nicely.
Looking at the Operating Margin, with a value of 20.47%, OSPN belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
OSPN's Operating Margin has improved in the last couple of years.
OSPN has a Gross Margin of 73.87%. This is in the better half of the industry: OSPN outperforms 61.79% of its industry peers.
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
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
OSPN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 4.77 indicates that OSPN is not in any danger for bankruptcy at the moment.
The Altman-Z score of OSPN (4.77) is better than 71.43% 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 | 4.77 |
ROIC/WACC1.4
WACC11%
2.3 Liquidity
OSPN has a Current Ratio of 1.75. This is a normal value and indicates that OSPN is financially healthy and should not expect problems in meeting its short term obligations.
OSPN's Current ratio of 1.75 is in line compared to the rest of the industry. OSPN outperforms 55.00% of its industry peers.
OSPN has a Quick Ratio of 1.62. This is a normal value and indicates that OSPN is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of OSPN (1.62) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.62 |
3. Growth
3.1 Past
OSPN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.94%.
The Earnings Per Share has been growing by 19.39% on average over the past years. This is quite good.
OSPN shows a decrease in Revenue. In the last year, the revenue decreased by -1.43%.
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 1.74% yearly.
EPS Next Y11.06%
EPS Next 2Y6.68%
EPS Next 3Y5.08%
EPS Next 5YN/A
Revenue Next Year1.08%
Revenue Next 2Y2.28%
Revenue Next 3Y1.74%
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 8.97 indicates a reasonable valuation of OSPN.
Based on the Price/Earnings ratio, OSPN is valued cheaply inside the industry as 88.93% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.31, OSPN is valued rather cheaply.
The Price/Forward Earnings ratio is 8.18, which indicates a very decent valuation of OSPN.
Based on the Price/Forward Earnings ratio, OSPN is valued cheaply inside the industry as 90.36% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, OSPN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.97 | ||
| Fwd PE | 8.18 |
4.2 Price Multiples
OSPN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. OSPN is cheaper than 92.50% of the companies in the same industry.
OSPN's Price/Free Cash Flow ratio is rather cheap when compared to the industry. OSPN is cheaper than 93.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.12 | ||
| EV/EBITDA | 6.48 |
4.3 Compensation for Growth
OSPN's 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)0.81
PEG (5Y)0.46
EPS Next 2Y6.68%
EPS Next 3Y5.08%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.94%, OSPN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 51.63, OSPN pays a better dividend. On top of this OSPN pays more dividend than 96.79% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, OSPN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.94% |
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 2Y6.68%
EPS Next 3Y5.08%
12.2
+0.01 (+0.08%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners97.76%
Inst Owner Change2.86%
Ins Owners1.55%
Ins Owner Change2.88%
Market Cap463.97M
Revenue(TTM)241.44M
Net Income(TTM)58.15M
Analysts80
Price Target16.83 (37.95%)
Short Float %6.4%
Short Ratio4.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.94% |
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)-10%
EPS NQ rev (1m)-16.81%
EPS NQ rev (3m)-17.25%
EPS NY rev (1m)-0.31%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)-10.1%
Revenue NQ rev (3m)-9.44%
Revenue NY rev (1m)-1.98%
Revenue NY rev (3m)-2.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.97 | ||
| Fwd PE | 8.18 | ||
| P/S | 1.94 | ||
| P/FCF | 9.12 | ||
| P/OCF | 7.88 | ||
| P/B | 1.96 | ||
| P/tB | 3.71 | ||
| EV/EBITDA | 6.48 |
EPS(TTM)1.36
EY11.15%
EPS(NY)1.49
Fwd EY12.22%
FCF(TTM)1.34
FCFY10.96%
OCF(TTM)1.55
OCFY12.69%
SpS6.3
BVpS6.22
TBVpS3.29
PEG (NY)0.81
PEG (5Y)0.46
Graham Number13.8
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 | 4.77 |
F-Score6
WACC11%
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 Y11.06%
EPS Next 2Y6.68%
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 Year1.08%
Revenue Next 2Y2.28%
Revenue Next 3Y1.74%
Revenue Next 5YN/A
EBIT growth 1Y15.06%
EBIT growth 3YN/A
EBIT growth 5Y28.24%
EBIT Next Year27.01%
EBIT Next 3Y12.41%
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 8.97 and the Price/Book (PB) ratio is 1.96.
What is the earnings growth outlook for ONESPAN INC?
The Earnings per Share (EPS) of ONESPAN INC (OSPN) is expected to grow by 11.06% in the next year.