Open Text Corp Stock Net Asset
| OTEX Stock | CAD 38.11 0.39 1.01% |
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.
Open | Net Asset |
Open Text Corp Company Net Asset Analysis
Open Text's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Open Text Net Asset | 17.09 B |
Most of Open Text's fundamental indicators, such as Net Asset, 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 Net Asset 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 Net Asset. 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.
Click cells to compare fundamentals
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Open Total Assets
Total Assets |
|
Based on the recorded statements, Open Text Corp has a Net Asset of 17.09 B. This is much higher than that of the Software sector and significantly higher than that of the Information Technology industry. The net asset for all Canada stocks is notably lower than that of the firm.
Open Net Asset 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 Net Asset 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 net asset category among its peers.
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 | 0.0408 | ||||
| Return On Asset | 0.0357 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 17.8 B | ||||
| Shares Outstanding | 269.49 M | ||||
| Shares Owned By Insiders | 2.12 % | ||||
| Shares Owned By Institutions | 76.88 % | ||||
| Number Of Shares Shorted | 1.3 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 | 15.34 X | ||||
| Cash Flow From Operations | 779.21 M | ||||
| Short Ratio | 1.49 X | ||||
| Earnings Per Share | 0.85 X | ||||
| Price To Earnings To Growth | 1.15 X | ||||
| Target Price | 43.91 | ||||
| Number Of Employees | 23.7 K | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 10.27 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 | 0.04 % | ||||
| 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Open Stock
When determining whether Open Text Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Open Text's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Open Text Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Open Text Corp Stock:Check 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 closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.