Open Text Corp Stock Return On Equity
| OTEX Stock | CAD 48.54 0.13 0.27% |
Open Text Corp fundamentals help investors to digest information that contributes to Open Text's financial success or failures. It also enables traders to predict the movement of Open Stock. The fundamental analysis module provides a way to measure Open Text's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Open Text stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.03 | 0.04 |
Open | Return On Equity |
Open Text Corp Company Return On Equity Analysis
Open Text's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Open Text Return On Equity | 0.0313 |
Most of Open Text's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Open Text Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Open Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Open Text is extremely important. It helps to project a fair market value of Open Stock properly, considering its historical fundamentals such as Return On Equity. Since Open Text's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Open Text's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Open Text's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Open Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Open Text Corp has a Return On Equity of 0.0313. This is 100.26% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The return on equity for all Canada stocks is 110.1% lower than that of the firm.
Open Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Open Text's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Open Text could also be used in its relative valuation, which is a method of valuing Open Text by comparing valuation metrics of similar companies.Open Text is currently under evaluation in return on equity category among related companies.
Open Text Current Valuation Drivers
We derive many important indicators used in calculating different scores of Open Text from analyzing Open Text's financial statements. These drivers represent accounts that assess Open Text's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Open Text's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 11.5B | 13.8B | 10.2B | 11.2B | 10.1B | 10.6B | |
| Enterprise Value | 14.3B | 16.1B | 13.0B | 19.3B | 17.3B | 18.2B |
Open Text ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Open Text's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Open Text's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Open Fundamentals
| Return On Equity | 0.0313 | ||||
| Return On Asset | 0.0385 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 20.86 B | ||||
| Shares Outstanding | 267.64 M | ||||
| Shares Owned By Insiders | 2.22 % | ||||
| Shares Owned By Institutions | 77.60 % | ||||
| Number Of Shares Shorted | 1.91 M | ||||
| Price To Earning | 97.96 X | ||||
| Price To Book | 2.37 X | ||||
| Price To Sales | 2.30 X | ||||
| Revenue | 4.48 B | ||||
| Gross Profit | 3.39 B | ||||
| EBITDA | 1.24 B | ||||
| Net Income | 150.38 M | ||||
| Cash And Equivalents | 1.23 B | ||||
| Cash Per Share | 6.39 X | ||||
| Total Debt | 320.85 M | ||||
| Debt To Equity | 1.11 % | ||||
| Current Ratio | 1.56 X | ||||
| Book Value Per Share | 15.06 X | ||||
| Cash Flow From Operations | 779.21 M | ||||
| Short Ratio | 3.09 X | ||||
| Earnings Per Share | 0.66 X | ||||
| Price To Earnings To Growth | 1.15 X | ||||
| Target Price | 43.91 | ||||
| Number Of Employees | 23.6 K | ||||
| Beta | 1.1 | ||||
| Market Capitalization | 13.07 B | ||||
| Total Asset | 17.09 B | ||||
| Retained Earnings | 2.05 B | ||||
| Working Capital | (944.38 M) | ||||
| Current Asset | 1.18 B | ||||
| Current Liabilities | 779.55 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 1.71 % | ||||
| Net Asset | 17.09 B | ||||
| Last Dividend Paid | 0.99 |
About Open Text Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Open Text Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Open Text using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Open Text Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Open Text in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Open Text's short interest history, or implied volatility extrapolated from Open Text options trading.
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Open Stock analysis
When running Open Text's price analysis, check to measure Open Text's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.
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