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OTEX

29.29USD-0.07(-0.24%)Market Closed

Open Text Corp

Market Summary

USD29.29-0.07Market Closed
-0.24%

OTEX Stock Price

RSI Chart

Valuation

Market Cap

8.1B

Price/Earnings

20.36

Price/Sales

2.31

Price/Cashflow

8.23

MarketCap/EBT

15.67

Price/Sales

Profitability

EBT Margin

14.77%

Return on Equity

9.85%

Return on Assets

3.9%

Fundamentals

Revenue

Revenue (TTM)

3.5B

Revenue Y/Y

1%

Revenue Q/Q

2.29%

Earnings

Earnings (TTM)

397.1M

Earnings Y/Y

-43.63%

Earnings Q/Q

36.84%

Price Action

52 Week Range

24.9148.55
(Low)(High)

Last 7 days

-1.7%

Last 30 days

2.9%

Last 90 days

-1.6%

Trailing 12 Months

-37.6%

Financial Health

Current Ratio

1.56

Debt/Equity

1.05

Debt/Cashflow

0.23

Investor Care

Dividend Yield

2.95%

Dividend/Share (TTM)

0.88

Buy Backs (1Y)

0.71%

Diluted EPS (TTM)

1.46

Peers (Alternatives to Open Text)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
203.1B
16.19% -21.88%
25.2
8.66
15.22% 2.81%
208.6B
44.2B
10.96% -5.77%
35.9
4.72
8.12% -58.36%
163.0B
30.3B
-3.63% -44.66%
304.14
5.56
21.26% -84.01%
151.4B
17.2B
13.38% -49.17%
31.46
8.81
13.86% -17.57%
25.1B
4.3B
-5.46% -61.25%
25.38
5.85
11.14% -39.03%
12.1B
693.1M
-3.12% 59.08%
44.35
17.39
-2.84% -14.76%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
7.5B
740.5M
12.08% -18.13%
67.22
10.14
15.84% 1.13%
5.0B
812.6M
8.04% -48.17%
-33.17
6.14
9.33% -463.42%
3.6B
421.7M
-19.92% -44.81%
-29.08
8.53
27.49% -161.02%
2.6B
506.4M
0.39% 55.58%
-71.14
5.11
10.10% -203.10%
2.4B
308.3M
1.17% 7.67%
-23.19
7.94
13.75% -232.84%
SMALL-CAP
991.7M
371.9M
6.18% -58.89%
-8.92
2.67
15.01% -44.50%
653.0M
399.9M
20.08% -33.40%
-6.96
1.63
4.73% 8.15%
246.7M
310.7M
-1.33% -63.18%
-4.28
0.79
2.66% -1.77%

Financials for Open Text

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue0.3%3,4943,4853,4363,4143,386
Gross Profit0.5%2,4322,4202,3832,3712,352
Operating Expenses2.6%1,7871,7411,6841,6301,611
  S&GA Expenses0.4%677674652636622
Earnings Before Taxes-13.7%516598606680651
Net Income-16.6%397476493339311
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets0.2%10,17910,16310,1659,5199,609
  Current Assets2.4%2,2852,2322,0992,2512,202
    Cash Equivalents3.7%1,6941,6341,5121,7351,607
  Net PPE7.4%245228244223234
  Goodwill-0.4%5,2455,2655,1954,6874,692
  Current Liabilities3.5%1,4681,4181,3031,1981,362
  Long Term Debt0.0%4,2204,2214,2213,5883,589
    LT Debt, Current0%1010101010
    LT Debt, Non Current0.0%4,2104,2114,2113,5783,579
Shareholder's Equity-0.6%4,0314,0554,1294,2074,098
  Retained Earnings0.4%2,1602,1512,1742,2252,153
Shares Outstanding-0.3%270270271273272
Minority Interest3.5%11112
Float-12,600----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-4.3%9821,026766832876
  Share Based Compensation19.0%7058545452
Cashflow From Investing-0.8%-970.96-963.52-940.63-77.64-68.77
Cashflow From Financing11.3%138124215-874.80-924.55
  Dividend Payments2.0%238233228223211
  Buy Backs-48.0%177340311119

Risks

What is the probability of a big loss on OTEX?

45.4%


Probability that Open Text stock will be more than 20% underwater in next one year

30%


Probability that Open Text stock will be more than 30% underwater in next one year.

5.8%


Probability that Open Text stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does OTEX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Open Text was unfortunately bought at previous high price.

Returns

Cumulative Returns on OTEX

9.2%


10-Year Cumulative Returns

4.1%


7-Year Cumulative Returns

-0.6%


5-Year Cumulative Returns

-10.7%


3-Year Cumulative Returns

What are the long-term rolling returns for OTEX?

FIve years rolling returns for Open Text.

Which funds bought or sold OTEX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
8,664,000
8,664,000
0.10%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
31.85
-74,000
870,000
-%
2022-11-15
COOKE & BIELER LP
NEW
-
85,581,000
85,581,000
0.92%
2022-11-15
DISCIPLINED GROWTH INVESTORS INC /MN
REDUCED
-0.37
-26,558,000
60,840,000
1.69%
2022-11-15
Neuberger Berman Group LLC
ADDED
37.57
-97,000
2,942,000
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
25.83
-378,000
2,745,000
-%
2022-11-15
BURNEY CO/
SOLD OFF
-100
-220,000
-
-%
2022-11-15
Railway Pension Investments Ltd
UNCHANGED
-
-1,821,000
4,222,000
0.05%
2022-11-15
Clearstead Advisors, LLC
UNCHANGED
-
-6,000
15,000
-%
2022-11-15
Truvestments Capital LLC
UNCHANGED
-
-1,000
3,000
-%

1–10 of 44

Latest Funds Activity

Are funds buying OTEX calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own OTEX

Open Text News

Best Stocks

Open Text Co. (TSE:OTEX) Director Purchases 10000 Shares of Stock.6 hours ago

OTEX Fair Value

Open Text fair value in different scenarios

The table shows the Fair Value estimates for Open Text for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

17.84

-39.09%

26.24

-10.41%

35.23

20.28%

45.37

54.90%

56.59

93.21%

Current Inflation

16.28

-44.42%

23.34

-20.31%

30.74

4.95%

39.28

34.11%

48.59

65.89%

Very High Inflation

14.36

-50.97%

19.91

-32.02%

25.56

-12.73%

32.30

10.28%

39.50

34.86%

Historical Open Text Fair Value Estimates


Recent SEC filings of Open Text

View All Filings
Date Filed Form Type Document
Nov 17, 2022
8-K
Current Report
Nov 14, 2022
8-K
Current Report
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
10-Q
Quarterly Report
Oct 18, 2022
8-K
Current Report
Sep 15, 2022
8-K
Current Report
Aug 29, 2022
8-K/A
Current Report
Aug 25, 2022
8-K
Current Report
Mark J. Barrenechea
14300
Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.

OTEX Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Revenues (Note 3):  
Total revenues$ 852,036$ 832,308
Cost of revenues:  
Amortization of acquired technology-based intangible assets (Note 8)42,63753,167
Total cost of revenues258,348258,123
Gross profit593,688574,185
Operating expenses:  
Research and development110,198100,165
Sales and marketing167,170146,240
General and administrative78,07471,477
Depreciation23,17421,386
Amortization of acquired customer-based intangible assets (Note 8)54,43851,884
Special charges (recoveries) (Note 18)14,281344
Total operating expenses447,335391,496
Income from operations146,353182,689
Other income (expense), net (Note 22)(189,231)29,782
Interest and other related expense, net(40,382)(37,055)
Income (loss) before income taxes(83,260)175,416
Provision for income taxes (Note 15)33,62543,450
Net income (loss) for the period(116,885)131,966
Net (income) loss attributable to non-controlling interests(44)(51)
Net income (loss) attributable to OpenText$ (116,929)$ 131,915
Earnings (loss) per share—basic attributable to OpenText (note 23) (in dollars per share)$ (0.43)$ 0.48
Earnings (loss) per share—diluted attributable to OpenText (note 23) (in dollars per share)$ (0.43)$ 0.48
Weighted average number of Common Shares outstanding—basic (in '000's) (in shares)269,804272,044
Weighted average number of Common Shares outstanding—diluted (in '000's) (in shares)269,804273,232
Cloud services and subscriptions  
Revenues (Note 3):  
Total revenues$ 404,651$ 356,589
Cost of revenues:  
Costs of revenues131,799119,779
Customer support  
Revenues (Note 3):  
Total revenues317,351335,237
Cost of revenues:  
Costs of revenues27,35429,483
License  
Revenues (Note 3):  
Total revenues62,54873,529
Cost of revenues:  
Costs of revenues2,7583,969
Professional service and other  
Revenues (Note 3):  
Total revenues67,48666,953
Cost of revenues:  
Costs of revenues$ 53,800$ 51,725

OTEX Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Jun. 30, 2022
ASSETS  
Cash and cash equivalents$ 1,704,385$ 1,693,741
Accounts receivable trade, net of allowance for credit losses of $15,410 as of September 30, 2022 and $16,473 as of June 30, 2022 (Note 4)378,143426,652
Contract assets (Note 3)27,80226,167
Income taxes recoverable (Note 15)8,85618,255
Prepaid expenses and other current assets (Note 9)124,868120,552
Total current assets2,244,0542,285,367
Property and equipment (Note 5)251,151244,709
Operating lease right of use assets (Note 6)201,374198,132
Long-term contract assets (Note 3)18,54419,719
Goodwill (Note 7)5,226,8145,244,653
Acquired intangible assets (Note 8)974,5891,075,208
Deferred tax assets (Note 15)814,471810,154
Other assets (Note 9)299,608256,987
Long-term income taxes recoverable (Note 15)46,48344,044
Total assets10,077,08810,178,973
Current liabilities:  
Accounts payable and accrued liabilities (Note 10)601,074448,607
Current portion of long-term debt (Note 11)10,00010,000
Operating lease liabilities (Note 6)58,96956,380
Deferred revenues (Note 3)848,789902,202
Income taxes payable (Note 15)58,69251,069
Total current liabilities1,577,5241,468,258
Long-term liabilities:  
Accrued liabilities (Note 10)20,11918,208
Pension liability (Note 12)53,20260,951
Long-term debt (Note 11)4,208,5474,209,567
Long-term operating lease liabilities (Note 6)197,328198,695
Long-term deferred revenues (Note 3)85,51491,144
Long-term income taxes payable (Note 15)42,08734,003
Deferred tax liabilities (Note 15)42,62665,887
Total long-term liabilities4,649,4234,678,455
Shareholders’ equity:  
Common shares2,067,8812,038,674
Accumulated other comprehensive income (loss) (Note 20)(42,576)(7,659)
Retained earnings1,978,4422,160,069
Treasury stock, at cost(154,792)(159,966)
Total OpenText shareholders' equity3,848,9554,031,118
Non-controlling interests1,1861,142
Total shareholders’ equity3,850,1414,032,260
Total liabilities and shareholders’ equity$ 10,077,088$ 10,178,973