43.45 USD
+0.01 (+0.02%)
43.45 USD
0 (0%)
SPNS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 276 industry peers in the Software industry. While SPNS has a great profitability rating, there are some minor concerns on its financial health. SPNS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
SPNS had positive earnings in the past year.
SPNS had a positive operating cash flow in the past year.
SPNS had positive earnings in each of the past 5 years.
In the past 5 years SPNS always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 8.65%, SPNS belongs to the best of the industry, outperforming 81.65% of the companies in the same industry.
The Return On Equity of SPNS (12.53%) is better than 75.90% of its industry peers.
With an excellent Return On Invested Capital value of 10.86%, SPNS belongs to the best of the industry, outperforming 86.33% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SPNS is in line with the industry average of 10.78%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.65% | ||
| ROE | 12.53% | ||
| ROIC | 10.86% |
ROA(3y)9.12%
ROA(5y)7.74%
ROE(3y)14.05%
ROE(5y)12.52%
ROIC(3y)11.69%
ROIC(5y)9.95%
1.3 Margins
SPNS has a better Profit Margin (11.40%) than 71.94% of its industry peers.
SPNS's Profit Margin has improved in the last couple of years.
SPNS has a better Operating Margin (13.72%) than 79.86% of its industry peers.
SPNS's Operating Margin has improved in the last couple of years.
The Gross Margin of SPNS (44.30%) is worse than 73.02% of its industry peers.
In the last couple of years the Gross Margin of SPNS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.72% | ||
| PM (TTM) | 11.4% | ||
| GM | 44.3% |
OM growth 3Y8.52%
OM growth 5Y6.49%
PM growth 3Y9.13%
PM growth 5Y10.59%
GM growth 3Y2.52%
GM growth 5Y2%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SPNS is still creating some value.
SPNS has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, SPNS has more shares outstanding
Compared to 1 year ago, SPNS has an improved debt to assets ratio.
2.2 Solvency
SPNS 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 | 0.28 | ||
| Altman-Z | N/A |
ROIC/WACC1.22
WACC8.94%
2.3 Liquidity
SPNS has a Current Ratio of 1.52. This is a normal value and indicates that SPNS is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of SPNS (1.52) is comparable to the rest of the industry.
A Quick Ratio of 1.52 indicates that SPNS should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.52, SPNS is in line with its industry, outperforming 46.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
SPNS shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.37%.
Measured over the past years, SPNS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.51% on average per year.
SPNS shows a small growth in Revenue. In the last year, the Revenue has grown by 4.71%.
Measured over the past years, SPNS shows a quite strong growth in Revenue. The Revenue has been growing by 10.74% on average per year.
EPS 1Y (TTM)-1.37%
EPS 3Y7.3%
EPS 5Y13.51%
EPS Q2Q%-2.7%
Revenue 1Y (TTM)4.71%
Revenue growth 3Y5.57%
Revenue growth 5Y10.74%
Sales Q2Q%11.16%
3.2 Future
The Earnings Per Share is expected to grow by 6.07% on average over the next years.
Based on estimates for the next years, SPNS will show a small growth in Revenue. The Revenue will grow by 7.22% on average per year.
EPS Next Y-0.08%
EPS Next 2Y4.04%
EPS Next 3Y6.07%
EPS Next 5YN/A
Revenue Next Year6.01%
Revenue Next 2Y6.83%
Revenue Next 3Y7.22%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 30.17, which means the current valuation is very expensive for SPNS.
64.03% of the companies in the same industry are more expensive than SPNS, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.25. SPNS is around the same levels.
A Price/Forward Earnings ratio of 27.31 indicates a quite expensive valuation of SPNS.
SPNS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SPNS is cheaper than 63.67% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of SPNS to the average of the S&P500 Index (23.98), we can say SPNS is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.17 | ||
| Fwd PE | 27.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPNS is valued a bit cheaper than 74.82% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPNS indicates a somewhat cheap valuation: SPNS is cheaper than 67.63% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.53 | ||
| EV/EBITDA | 23.68 |
4.3 Compensation for Growth
SPNS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.23
EPS Next 2Y4.04%
EPS Next 3Y6.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.36%, SPNS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.52, SPNS pays a better dividend. On top of this SPNS pays more dividend than 94.24% of the companies listed in the same industry.
Compared to the average S&P500 Dividend Yield of 1.92, SPNS is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
5.2 History
The dividend of SPNS is nicely growing with an annual growth rate of 21.00%!
SPNS has paid a dividend for at least 10 years, which is a reliable track record.
SPNS has decreased its dividend in the last 3 years.
Dividend Growth(5Y)21%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
SPNS pays out 60.73% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SPNS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP60.73%
EPS Next 2Y4.04%
EPS Next 3Y6.07%
43.45
+0.01 (+0.02%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners44.65%
Inst Owner Change0%
Ins Owners1.55%
Ins Owner ChangeN/A
Market Cap2.43B
Revenue(TTM)564.33M
Net Income(TTM)64.33M
Analysts46.67
Price Target44.37 (2.12%)
Short Float %2.1%
Short Ratio1.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.36% |
Yearly Dividend0.57
Dividend Growth(5Y)21%
DP60.73%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.06%
Min EPS beat(2)1.71%
Max EPS beat(2)4.41%
EPS beat(4)4
Avg EPS beat(4)2.21%
Min EPS beat(4)0.43%
Max EPS beat(4)4.41%
EPS beat(8)7
Avg EPS beat(8)1.55%
EPS beat(12)9
Avg EPS beat(12)0.99%
EPS beat(16)11
Avg EPS beat(16)1.29%
Revenue beat(2)1
Avg Revenue beat(2)-0.04%
Min Revenue beat(2)-0.82%
Max Revenue beat(2)0.75%
Revenue beat(4)1
Avg Revenue beat(4)-1.3%
Min Revenue beat(4)-3.15%
Max Revenue beat(4)0.75%
Revenue beat(8)1
Avg Revenue beat(8)-1.9%
Revenue beat(12)2
Avg Revenue beat(12)-1.62%
Revenue beat(16)2
Avg Revenue beat(16)-2.03%
PT rev (1m)16.78%
PT rev (3m)16.78%
EPS NQ rev (1m)-4%
EPS NQ rev (3m)-1.1%
EPS NY rev (1m)1.41%
EPS NY rev (3m)1.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.69%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.17 | ||
| Fwd PE | 27.31 | ||
| P/S | 4.3 | ||
| P/FCF | 34.53 | ||
| P/OCF | 30.36 | ||
| P/B | 4.73 | ||
| P/tB | 29.41 | ||
| EV/EBITDA | 23.68 |
EPS(TTM)1.44
EY3.31%
EPS(NY)1.59
Fwd EY3.66%
FCF(TTM)1.26
FCFY2.9%
OCF(TTM)1.43
OCFY3.29%
SpS10.1
BVpS9.19
TBVpS1.48
PEG (NY)N/A
PEG (5Y)2.23
Graham Number17.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.65% | ||
| ROE | 12.53% | ||
| ROCE | 13.41% | ||
| ROIC | 10.86% | ||
| ROICexc | 12.66% | ||
| ROICexgc | 97.17% | ||
| OM | 13.72% | ||
| PM (TTM) | 11.4% | ||
| GM | 44.3% | ||
| FCFM | 12.46% |
ROA(3y)9.12%
ROA(5y)7.74%
ROE(3y)14.05%
ROE(5y)12.52%
ROIC(3y)11.69%
ROIC(5y)9.95%
ROICexc(3y)18.71%
ROICexc(5y)15.75%
ROICexgc(3y)280.93%
ROICexgc(5y)294.09%
ROCE(3y)14.42%
ROCE(5y)12.28%
ROICexgc growth 3Y-14.08%
ROICexgc growth 5Y38.54%
ROICexc growth 3Y17.66%
ROICexc growth 5Y14.5%
OM growth 3Y8.52%
OM growth 5Y6.49%
PM growth 3Y9.13%
PM growth 5Y10.59%
GM growth 3Y2.52%
GM growth 5Y2%
F-Score5
Asset Turnover0.76
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.28 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 42.92% | ||
| Cap/Sales | 1.71% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.05% | ||
| Profit Quality | 109.33% | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.52 | ||
| Altman-Z | N/A |
F-Score5
WACC8.94%
ROIC/WACC1.22
Cap/Depr(3y)44.6%
Cap/Depr(5y)44.64%
Cap/Sales(3y)1.85%
Cap/Sales(5y)2.21%
Profit Quality(3y)92.81%
Profit Quality(5y)112.61%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.37%
EPS 3Y7.3%
EPS 5Y13.51%
EPS Q2Q%-2.7%
EPS Next Y-0.08%
EPS Next 2Y4.04%
EPS Next 3Y6.07%
EPS Next 5YN/A
Revenue 1Y (TTM)4.71%
Revenue growth 3Y5.57%
Revenue growth 5Y10.74%
Sales Q2Q%11.16%
Revenue Next Year6.01%
Revenue Next 2Y6.83%
Revenue Next 3Y7.22%
Revenue Next 5YN/A
EBIT growth 1Y-8.06%
EBIT growth 3Y14.56%
EBIT growth 5Y17.93%
EBIT Next Year4.61%
EBIT Next 3Y7.35%
EBIT Next 5YN/A
FCF growth 1Y52.74%
FCF growth 3Y1.68%
FCF growth 5Y8.06%
OCF growth 1Y44.86%
OCF growth 3Y0.69%
OCF growth 5Y4.44%
SAPIENS INTERNATIONAL CORP / SPNS FAQ
What is the fundamental rating for SPNS stock?
ChartMill assigns a fundamental rating of 5 / 10 to SPNS.
What is the valuation status of SAPIENS INTERNATIONAL CORP (SPNS) stock?
ChartMill assigns a valuation rating of 4 / 10 to SAPIENS INTERNATIONAL CORP (SPNS). This can be considered as Fairly Valued.
How profitable is SAPIENS INTERNATIONAL CORP (SPNS) stock?
SAPIENS INTERNATIONAL CORP (SPNS) has a profitability rating of 7 / 10.
What is the financial health of SAPIENS INTERNATIONAL CORP (SPNS) stock?
The financial health rating of SAPIENS INTERNATIONAL CORP (SPNS) is 5 / 10.
Can you provide the dividend sustainability for SPNS stock?
The dividend rating of SAPIENS INTERNATIONAL CORP (SPNS) is 4 / 10 and the dividend payout ratio is 60.73%.