Open Pretax Profit Margin from 2010 to 2024
| OTEX Stock | USD 34.60 0.13 0.38% |
Pretax Profit Margin | First Reported 2010-12-31 | Previous Quarter 0.0444 | Current Value 0.042 | Quarterly Volatility 0.3554021 |
Check Open Text financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Open main balance sheet or income statement drivers, such as Interest Expense of 439.1 M, Total Revenue of 5.4 B or Gross Profit of 3.8 B, as well as many exotic indicators such as Price To Sales Ratio of 4.11, Dividend Yield of 0.0364 or PTB Ratio of 3.19. Open financial statements analysis is a perfect complement when working with Open Text Valuation or Volatility modules.
Open | Pretax Profit Margin |
Latest Open Text's Pretax Profit Margin Growth Pattern
Below is the plot of the Pretax Profit Margin of Open Text Corp over the last few years. It is Open Text's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Open Text's overall financial position and show how it may be relating to other accounts over time.
| Pretax Profit Margin | 10 Years Trend |
|
Pretax Profit Margin |
| Timeline |
Open Pretax Profit Margin Regression Statistics
| Arithmetic Mean | 0.03 | |
| Coefficient Of Variation | 1,157 | |
| Mean Deviation | 0.17 | |
| Median | 0.13 | |
| Standard Deviation | 0.36 | |
| Sample Variance | 0.13 | |
| Range | 1.4356 | |
| R-Value | 0.37 | |
| Mean Square Error | 0.12 | |
| R-Squared | 0.14 | |
| Significance | 0.18 | |
| Slope | 0.03 | |
| Total Sum of Squares | 1.77 |
Open Pretax Profit Margin History
About Open Text Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Open Text income statement, its balance sheet, and the statement of cash flows. Open Text investors use historical funamental indicators, such as Open Text's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Open Text investors may use each financial statement separately, they are all related. The changes in Open Text's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Open Text's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Open Text Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Open Text. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.04 | 0.04 |
Open Text Investors Sentiment
The influence of Open Text's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Open. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Open Text's public news can be used to forecast risks associated with an investment in Open. The trend in average sentiment can be used to explain how an investor holding Open can time the market purely based on public headlines and social activities around Open Text Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Open Text's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Open Text's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Open Text's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Open Text.
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 the analysis of Open Text Correlation against competitors. Note that the Open Text Corp information on this page should be used as a complementary analysis to other Open Text's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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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Is Open Text's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Open Text. If investors know Open will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Open Text listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Dividend Share 0.986 | Earnings Share 0.48 | Revenue Per Share 21.019 | Quarterly Revenue Growth 0.71 |
The market value of Open Text Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Text's value that differs from its market value or its book value, called intrinsic value, which is Open Text's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Open Text's market value can be influenced by many factors that don't directly affect Open Text's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Open Text's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Text is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Text's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.