Grufity logoGrufity logo
StocksFundsScreenerSectorsWatchlists
OTEX

OTEX - Open Text Corp Stock Price, Fair Value and News

38.69USD-0.11 (-0.28%)Market Closed
Watchlist

Market Summary

USD38.69-0.11
Market Closed
-0.28%

OTEX Alerts

  • Big jump in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

OTEX Stock Price

View Fullscreen

OTEX RSI Chart

OTEX Valuation

Market Cap

10.5B

Price/Earnings (Trailing)

82.62

Price/Sales (Trailing)

1.85

EV/EBITDA

-60.57

Price/Free Cashflow

12.39

OTEX Price/Sales (Trailing)

OTEX Profitability

Operating Margin

83.30%

EBT Margin

2.32%

Return on Equity

3.16%

Return on Assets

0.77%

Free Cashflow Yield

8.07%

OTEX Fundamentals

OTEX Revenue

Revenue (TTM)

5.7B

Rev. Growth (Yr)

71.03%

Rev. Growth (Qtr)

7.68%

OTEX Earnings

Earnings (TTM)

127.4M

Earnings Growth (Yr)

-85.42%

Earnings Growth (Qtr)

-53.43%

Breaking Down OTEX Revenue

Last 7 days

-4.5%

Last 30 days

-3.8%

Last 90 days

3.2%

Trailing 12 Months

13.2%

How does OTEX drawdown profile look like?

OTEX Financial Health

Current Ratio

1.38

Debt/Equity

2.12

Debt/Cashflow

0.1

OTEX Investor Care

Dividend Yield

2.55%

Dividend/Share (TTM)

0.99

Shares Dilution (1Y)

0.58%

Diluted EPS (TTM)

0.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.9B4.5B5.1B5.7B
20223.5B3.5B3.5B3.5B
20213.3B3.4B3.4B3.4B
20203.0B3.1B3.2B3.3B
20192.9B2.9B2.9B2.9B
20182.7B2.8B2.8B2.8B
20172.1B2.3B2.4B2.6B
20161.8B1.8B1.9B2.0B
20151.9B1.9B1.8B1.8B
20141.5B1.6B1.8B1.9B
20131.3B1.4B1.4B1.4B
20121.2B1.2B1.2B1.3B
2011987.9M1.0B1.1B1.2B
2010875.3M912.0M918.0M937.7M
2009782.6M785.7M814.5M854.6M
2008693.1M725.5M747.4M769.3M
20070595.7M628.1M660.6M

Which funds bought or sold OTEX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 21, 2024
Raleigh Capital Management Inc.
unchanged
-
98.00
594
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
unchanged
-
197,000
1,199,000
-%
Feb 16, 2024
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
unchanged
-
41,520
252,120
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
sold off
-100
-1,155,000
-
-%
Feb 15, 2024
BARCLAYS PLC
added
10.74
1,100,000
4,481,000
-%
Feb 15, 2024
Ilmarinen Mutual Pension Insurance Co
sold off
-100
-6,212,000
-
-%
Feb 15, 2024
Legal & General Group Plc
added
24.2
27,619,500
84,246,600
0.02%
Feb 15, 2024
Employees Retirement System of Texas
new
-
460,000
460,000
-%
Feb 15, 2024
Financial Gravity Asset Management, Inc.
unchanged
-
-
573
-%
Feb 15, 2024
Farther Finance Advisors, LLC
added
241
30,315
40,160
-%

1–10 of 47

Are Funds Buying or Selling OTEX?

Are funds buying OTEX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OTEX
No. of Funds

Unveiling Open Text Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
harris associates l p
4.10%
11,141,307
SC 13G/A
Feb 13, 2024
bank of nova scotia
1.01%
2,747,899
SC 13G/A
Feb 12, 2024
jarislowsky, fraser ltd
5.67%
15,391,557
SC 13G
Feb 12, 2024
blackrock inc.
6.2%
16,705,085
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Dec 26, 2023
bank of nova scotia
8%
21,707,143
SC 13G
Feb 14, 2023
harris associates l p
5.6%
15,205,007
SC 13G
Feb 13, 2023
jarislowsky, fraser ltd
6.15%
16,631,315
SC 13G
Feb 09, 2023
fmr llc
-
0
SC 13G
Feb 03, 2023
blackrock inc.
5.1%
13,827,903
SC 13G

Recent SEC filings of Open Text Corp

View All Filings
Date Filed Form Type Document
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 08, 2024
144
Notice of Insider Sale Intent
Feb 07, 2024
144
Notice of Insider Sale Intent
Feb 06, 2024
144
Notice of Insider Sale Intent
Feb 01, 2024
8-K
Current Report
Feb 01, 2024
10-Q
Quarterly Report

What is the Fair Value of OTEX?

Loading...
Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Open Text Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
283.4B
34.0B
6.54% 73.45%
109.34
8.35
12.08% 832.37%
162.4B
37.3B
24.07% 128.60%
86.05
4.36
16.95% 120.64%
55.0B
5.3B
6.54% 15.93%
60
10.29
9.15% 48.14%
29.7B
2.3B
-4.80% 23.52%
59.28
13.07
9.90% -4.45%
19.2B
4.5B
-11.84% -16.29%
81.77
4.26
3.50% -66.41%
MID-CAP
8.4B
620.4M
28.93% 87.80%
3.1K
13.57
31.48% 103.97%
6.1B
4.4B
39.05% 73.71%
-17.96
1.39
7.53% 78.52%
3.6B
881.7M
11.24% 30.49%
53.56
4.07
4.64% 43.44%
3.4B
970.0M
0.91% -23.94%
-18.93
3.49
13.41% 43.80%
3.1B
284.7M
9.61% 24.97%
-11.83
10.9
5.51% -9.92%
2.2B
228.1M
4.58% -2.23%
25.14
9.62
18.99% 599.09%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
313.2M
572.4M
-40.82% -71.78%
-1.58
0.55
-19.38% -489.75%
247.5M
122.1M
22.61% -2.71%
-37.01
2.03
39.32% 62.24%
74.9M
31.2M
20.24% -4.15%
-10.31
2.4
8.78% 46.25%

Open Text Corp News

Latest updates
MarketBeat22 Feb 202411:23 am
MarketWatch21 Feb 202409:33 pm
The Globe and Mail21 Feb 202402:57 am
MarketWatch20 Feb 202409:33 pm

Open Text Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue7.7%1,5351,4251,4911,245897852902882877832894833856804827815772697747719735
Gross Profit10.9%1,1291,0181,064875636594634608616574622572603555566532539468510480507
Operating Expenses8.7%875806943811451447496476423391450419369373475437354336353344333
  S&GA Expenses3.1%280272333271177167186181164146183159148132153166137129139132126
EBITDA Margin-659.0%-0.05*-0.01*0.09*0.16*0.22*0.17*0.24*0.27*0.27*0.30*0.29*0.26*---------
Interest Expenses100.0%--141-145-104-38.72-40.38-40.34-40.24-40.24-37.05-37.55-37.33-37.59-39.09-40.53-41.26-32.38-32.21-32.84-35.61-33.61
Income Taxes-22.2%8.0010.00-1.21-12.4251.0034.00-5.0041.0039.0043.00-2.2232.0026843.0032.009.0047.0023.0056.0033.0036.00
Earnings Before Taxes-49.8%46.0091.00-49.9045.00309-83.2697.0011612817517912320214658.0035.0015498.00128105141
EBT Margin-70.3%0.02*0.08*0.05*0.09*0.12*0.07*0.15*0.17*0.18*0.20*0.19*0.16*---------
Net Income-53.4%38.0081.00-48.7358.00258-11610275.0088.0013218191.00-65.4810326.0026.0010774.0072.0073.00104
Net Income Margin-67.5%0.02*0.07*0.03*0.08*0.09*0.04*0.11*0.14*0.14*0.10*0.09*0.05*---------
Free Cashflow644.2%35147.0011533719513225232421719029664.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.7%16,44316,55417,08917,42811,21810,07710,17910,16310,1659,5199,6099,5579,76910,16210,23510,1629,4988,0207,9347,8657,729
  Current Assets110.0%4,0841,9452,2752,4333,4592,2442,2852,2322,0992,2512,2022,0622,1292,4362,3862,1111,3541,5431,5611,3981,213
    Cash Equivalents9.3%1,0059201,2321,3972,8211,7041,6961,6341,5121,7351,6071,4761,5011,8461,6971,453675999944765595
  Net PPE-2.5%353362357341251251245228244223234231227235245259273249249242247
  Goodwill-11.8%7,6048,6198,6638,7495,2505,2275,2455,2655864,6874,6924,6884,6964,6834,6724,6798523,7663,7703,772164
  Current Liabilities4.9%2,9592,8223,2203,4841,4941,5781,4681,4181,3031,1981,3621,3391,5361,7851,9041,8552,1689521,0151,015911
  Long Term Debt-100.0%-8,5558,5628,5655,1934,2094,2104,2114,2113,5783,5793,580--3,584------
    LT Debt, Current-68.6%46.0014632149610.0010.0010.0010.0010.0010.0010.0010.0010.0061061061091410.0010.0010.0010.00
    LT Debt, Non Current-0.9%8,4758,5558,5628,5655,1934,2094,2104,2114,2113,5783,5793,580--3,584------
Shareholder's Equity0.4%4,0304,0134,0214,1224,1213,8504,0324,0564,1304,2094,0994,0324,0034,0684,0073,9983,9993,9083,8853,8383,786
  Retained Earnings-1.6%2,0302,0622,0492,1632,1711,9782,1602,1512,1742,2252,1532,1302,0932,2132,1592,1802,2022,1412,1142,0892,057
Shares Outstanding0.2%272271271270270270270271272272273273---------
Minority Interest4.5%1.001.001.001.001.001.001.001.001.001.002.001.001.001.001.001.001.001.001.001.001.00
Float-----7,800---12,600---12,200---11,700---8,600
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations644.2%350,65347,121115,301336,775195,170131,959251,940323,557216,644189,669296,18963,572282,455233,904280,250329,601207,238137,447229,777285,997189,103
  Share Based Compensation8.3%40,17537,09541,90436,36828,82223,20824,46516,74814,40913,93413,35012,35714,52611,7368,0026,8567,7836,8916,6186,7126,885
Cashflow From Investing7.8%-46,469-50,399-26,417-5,555,591-33,088-36,324-37,998-36,843-869,702-26,416-30,558-13,959-6,711-17,542-20,487-184,389-1,243,891-20,650-22,167-88,958-325,623
Cashflow From Financing20.6%-235,904-297,021-259,2233,792,715926,722-57,161-127,606-153,751445,867-26,054-141,692-63,393-643,662-75,800-39,978648,141711,429-50,813-33,666-27,389-49,856
  Dividend Payments-0.9%66,40067,00065,05064,90064,90064,69859,04459,10059,70059,90054,37854,50054,50047,26947,32147,30047,10047,00647,01740,70040,700
  Buy Backs-------40,87045,08391,034-86,65523,000-41,900-12,424--12,424-500*2,00012,800

OTEX Income Statement

2023-12-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenues (Note 3):    
Total revenues$ 1,534,868$ 897,440$ 2,960,297$ 1,749,476
Cost of revenues:    
Amortization of acquired technology-based intangible assets (Note 8)70,78440,863147,60883,500
Total cost of revenues405,748261,693812,759520,041
Gross profit1,129,120635,7472,147,5381,229,435
Operating expenses:    
Research and development220,220109,700454,657219,898
Sales and marketing280,263177,171552,064344,341
General and administrative173,26477,603304,475155,677
Depreciation33,41522,85867,50646,032
Amortization of acquired customer-based intangible assets (Note 8)113,92553,446234,117107,884
Special charges (recoveries) (Note 18)54,16610,30667,96024,587
Total operating expenses875,253451,0841,680,779898,419
Income from operations253,867184,663466,759331,016
Other income (expense), net (Note 22)(68,784)163,349(48,614)(25,882)
Interest and other related expense, net(139,292)(38,715)(281,056)(79,097)
Income before income taxes45,791309,297137,089226,037
Provision for income taxes (Note 15)8,05450,77418,40684,399
Net income for the period37,737258,523118,683141,638
Net (income) attributable to non-controlling interests(62)(37)(107)(81)
Net income attributable to OpenText$ 37,675$ 258,486$ 118,576$ 141,557
Earnings per share—basic attributable to OpenText (Note 23) (in dollars per share)$ 0.14$ 0.96$ 0.44$ 0.52
Earnings per share—diluted attributable to OpenText (Note 23) (in dollars per share)$ 0.14$ 0.96$ 0.44$ 0.52
Weighted average number of Common Shares outstanding—basic (in '000's) (in shares)271,568270,189271,373269,997
Weighted average number of Common Shares outstanding—diluted (in '000's) (in shares)272,141270,189272,019270,009
Cloud services and subscriptions    
Revenues (Note 3):    
Total revenues$ 450,091$ 408,674$ 901,105$ 813,325
Cost of revenues:    
Costs of revenues180,148134,314351,560266,113
Customer support    
Revenues (Note 3):    
Total revenues695,762316,5081,393,475633,859
Cost of revenues:    
Costs of revenues73,37428,589148,38855,943
License    
Revenues (Note 3):    
Total revenues289,238107,960462,264170,508
Cost of revenues:    
Costs of revenues5,9833,8639,8226,621
Professional service and other    
Revenues (Note 3):    
Total revenues99,77764,298203,453131,784
Cost of revenues:    
Costs of revenues$ 75,459$ 54,064$ 155,381$ 107,864

OTEX Balance Sheet

2023-12-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
ASSETS  
Cash and cash equivalents$ 1,003,134$ 1,231,625
Accounts receivable trade, net of allowance for credit losses of $10,642 as of December 31, 2023 and $13,828 as of June 30, 2023 (Note 4)735,346682,517
Contract assets (Note 3)70,65671,196
Income taxes recoverable (Note 15)8,34268,161
Prepaid expenses and other current assets (Note 9)215,396221,732
Assets held for sale (Note 19)2,051,1160
Total current assets4,083,9902,275,231
Property and equipment (Note 5)352,570356,904
Operating lease right of use assets (Note 6)245,118285,723
Long-term contract assets (Note 3)45,42764,553
Goodwill (Note 7)7,604,4098,662,603
Acquired intangible assets (Note 8)2,773,2204,080,879
Deferred tax assets (Note 15)925,282926,719
Other assets (Note 9)318,783342,318
Long-term income taxes recoverable (Note 15)94,46594,270
Total assets16,443,26417,089,200
Current liabilities:  
Accounts payable and accrued liabilities (Note 10)948,921996,261
Current portion of long-term debt (Note 11)45,850320,850
Operating lease liabilities (Note 6)86,86891,425
Deferred revenues (Note 3)1,535,3221,721,781
Income taxes payable (Note 15)119,40089,297
Liabilities held for sale (Note 19)222,8140
Total current liabilities2,959,1753,219,614
Long-term liabilities:  
Accrued liabilities (Note 10)52,63251,961
Pension liability, net (Note 12)129,238126,312
Long-term debt (Note 11)8,474,5998,562,096
Long-term operating lease liabilities (Note 6)236,481271,579
Long-term deferred revenues (Note 3)170,273217,771
Long-term income taxes payable (Note 15)152,046193,808
Deferred tax liabilities (Note 15)238,473423,955
Total long-term liabilities9,453,7429,847,482
Shareholders’ equity:  
Common shares2,261,8562,176,947
Accumulated other comprehensive income (loss) (Note 20)(83,499)(53,559)
Retained earnings2,029,6432,048,984
Treasury stock, at cost (4,400,034 and 3,536,375 shares at December 31, 2023 and June 30, 2023, respectively)(179,089)(151,597)
Total OpenText shareholders' equity4,028,9114,020,775
Non-controlling interests1,4361,329
Total shareholders’ equity4,030,3474,022,104
Total liabilities and shareholders’ equity$ 16,443,264$ 17,089,200
OTEX
Open Text Corporation provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation. It also provides cybersecurity cloud solutions to protect, prevent, detect, respond and quickly recover from threats across endpoints, network, applications, IT infrastructure and data, AI-led threat intelligence; and to protect critical information and processes through threat intelligence, forensics, identity, encryption, and cloud-based application security. In addition, the company offers business network cloud for digital supply chains and secure e-commerce ecosystems including digitize and automate procure-to-pay and order-to-cash processes; IT operations management cloud for automation and advancement of IT support and asset management; and analytics & AI cloud solutions that offers artificial intelligence with practical usage to provide organizations with actionable insights and better automation, such as visualizations, advanced natural language processing and understanding, and integrated computer vision capabilities. In addition, it provides application automation cloud, developers cloud, and services. Further, it has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, DXC Technology Company, Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.
 CEO
 WEBSITEwww.opentext.com
 EMPLOYEES24100

Open Text Corp Frequently Asked Questions


What is the ticker symbol for Open Text Corp? What does OTEX stand for in stocks?

OTEX is the stock ticker symbol of Open Text Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Open Text Corp (OTEX)?

As of Fri Feb 23 2024, market cap of Open Text Corp is 10.53 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OTEX stock?

You can check OTEX's fair value in chart for subscribers.

What is the fair value of OTEX stock?

You can check OTEX's fair value in chart for subscribers. The fair value of Open Text Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Open Text Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OTEX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Open Text Corp a good stock to buy?

The fair value guage provides a quick view whether OTEX is over valued or under valued. Whether Open Text Corp is cheap or expensive depends on the assumptions which impact Open Text Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OTEX.

What is Open Text Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Feb 23 2024, OTEX's PE ratio (Price to Earnings) is 82.62 and Price to Sales (PS) ratio is 1.85. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OTEX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Open Text Corp's stock?

In the past 10 years, Open Text Corp has provided 0.06 (multiply by 100 for percentage) rate of return.