Open Text Corp
TSX:OTEX

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Open Text Corp
TSX:OTEX
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Price: 38.18 CAD -1.6% Market Closed
Market Cap: 9.9B CAD

Relative Value

The Relative Value of one OTEX stock under the Base Case scenario is 97.79 CAD. Compared to the current market price of 38.18 CAD, Open Text Corp is Undervalued by 61%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

OTEX Relative Value
Base Case
97.79 CAD
Undervaluation 61%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
85
vs Industry
61
Median 3Y
2
Median 5Y
2.6
Industry
2.4
Forward
1.4
vs History
92
vs Industry
45
Median 3Y
27
Median 5Y
35.8
Industry
22.6
Forward
7.4
vs History
82
vs Industry
50
Median 3Y
10.1
Median 5Y
10.9
Industry
16.9
vs History
vs Industry
49
Median 3Y
2
Median 5Y
4.8
Industry
21.1
vs History
90
vs Industry
59
Median 3Y
2.2
Median 5Y
2.6
Industry
2.9
vs History
84
vs Industry
44
Median 3Y
3
Median 5Y
3.8
Industry
2.4
Forward
2.3
vs History
82
vs Industry
55
Median 3Y
4.2
Median 5Y
5.4
Industry
4.9
vs History
85
vs Industry
44
Median 3Y
9.2
Median 5Y
11
Industry
12.6
Forward
6.9
vs History
90
vs Industry
35
Median 3Y
17
Median 5Y
19.6
Industry
16.3
Forward
7.5
vs History
50
vs Industry
34
Median 3Y
15.1
Median 5Y
15.1
Industry
15.5
vs History
52
vs Industry
29
Median 3Y
18.6
Median 5Y
17.8
Industry
18.6
vs History
90
vs Industry
67
Median 3Y
1.2
Median 5Y
1.3
Industry
2.4

Multiples Across Competitors

OTEX Competitors Multiples
Open Text Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Open Text Corp
TSX:OTEX
9.9B CAD 1.4 11.1 7.3 12.1
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
317.7B EUR 9 55.4 30 34.3
US
Palantir Technologies Inc
NYSE:PLTR
299.5B USD 96.2 524.9 675.6 725.2
US
Salesforce Inc
NYSE:CRM
263.4B USD 6.8 42.4 22.4 32.2
US
Intuit Inc
NASDAQ:INTU
215.3B USD 11.8 62.1 39.3 46.1
US
Adobe Inc
NASDAQ:ADBE
181.3B USD 8.2 26.9 20.3 22.5
US
NCR Corp
LSE:0K45
148.4B USD 43.1 160.9 463.8 3 308.7
US
Applovin Corp
NASDAQ:APP
141.4B USD 27.5 73.7 51.5 60.5
US
Microstrategy Inc
NASDAQ:MSTR
99.7B USD 217 -18.7 -3 131.9 -1 621.5
US
Cadence Design Systems Inc
NASDAQ:CDNS
81.1B USD 16.6 75 47.5 54.2
P/S Multiple
Revenue Growth P/S to Growth
CA
Open Text Corp
TSX:OTEX
Average P/S: 21 304.4
1.4
-3%
N/A
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
9
12%
0.8
US
Palantir Technologies Inc
NYSE:PLTR
96.2
33%
2.9
US
Salesforce Inc
NYSE:CRM
6.8
10%
0.7
US
Intuit Inc
NASDAQ:INTU
11.8
14%
0.8
US
Adobe Inc
NASDAQ:ADBE
8.2
10%
0.8
US
N
NCR Corp
LSE:0K45
43.1
-8%
N/A
US
Applovin Corp
NASDAQ:APP
27.5
23%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
217
4%
54.3
US
Cadence Design Systems Inc
NASDAQ:CDNS
16.6
12%
1.4
P/E Multiple
Earnings Growth PEG
CA
Open Text Corp
TSX:OTEX
Average P/E: 114.7
11.1
37%
0.3
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
55.4
50%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
524.9
73%
7.2
US
Salesforce Inc
NYSE:CRM
42.4
32%
1.3
US
Intuit Inc
NASDAQ:INTU
62.1
34%
1.8
US
Adobe Inc
NASDAQ:ADBE
26.9
26%
1
US
N
NCR Corp
LSE:0K45
160.9
-47%
N/A
US
Applovin Corp
NASDAQ:APP
73.7
44%
1.7
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -18.7 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
75
33%
2.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Open Text Corp
TSX:OTEX
Average EV/EBITDA: 150.9
7.3
3%
2.4
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
30
19%
1.6
US
Palantir Technologies Inc
NYSE:PLTR
675.6
109%
6.2
US
Salesforce Inc
NYSE:CRM
22.4
24%
0.9
US
Intuit Inc
NASDAQ:INTU
39.3
28%
1.4
US
Adobe Inc
NASDAQ:ADBE
20.3
17%
1.2
US
N
NCR Corp
LSE:0K45
463.8
12%
38.7
US
Applovin Corp
NASDAQ:APP
51.5
42%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -3 131.9 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
47.5
27%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Open Text Corp
TSX:OTEX
Average EV/EBIT: 477.3
12.1
20%
0.6
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
34.3
21%
1.6
US
Palantir Technologies Inc
NYSE:PLTR
725.2
110%
6.6
US
Salesforce Inc
NYSE:CRM
32.2
33%
1
US
Intuit Inc
NASDAQ:INTU
46.1
37%
1.2
US
Adobe Inc
NASDAQ:ADBE
22.5
20%
1.1
US
N
NCR Corp
LSE:0K45
3 308.7
90%
36.8
US
Applovin Corp
NASDAQ:APP
60.5
45%
1.3
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 621.5 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
54.2
28%
1.9