Open Text Corp
TSX:OTEX

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Open Text Corp
TSX:OTEX
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Price: 39.11 CAD -0.79%
Market Cap: 10.3B CAD

Relative Value

The Relative Value of one OTEX stock under the Base Case scenario is 100.7 CAD. Compared to the current market price of 39.11 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
100.7 CAD
Undervaluation 61%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
87
vs Industry
61
Median 3Y
2
Median 5Y
2.6
Industry
2.4
Forward
1.4
vs History
93
vs Industry
45
Median 3Y
27
Median 5Y
35.8
Industry
22.6
Forward
7.4
vs History
84
vs Industry
50
Median 3Y
10.2
Median 5Y
10.9
Industry
16.9
vs History
vs Industry
49
Median 3Y
2.1
Median 5Y
4.8
Industry
21.6
vs History
92
vs Industry
59
Median 3Y
2.2
Median 5Y
2.6
Industry
2.9
vs History
85
vs Industry
44
Median 3Y
3
Median 5Y
3.8
Industry
2.4
Forward
2.4
vs History
85
vs Industry
55
Median 3Y
4.3
Median 5Y
5.4
Industry
4.9
vs History
87
vs Industry
44
Median 3Y
9.6
Median 5Y
11
Industry
12.5
Forward
6.9
vs History
92
vs Industry
35
Median 3Y
17.3
Median 5Y
19.6
Industry
16
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
18.8
vs History
92
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
10.2B CAD 1.4 11.1 7.4 12.2
US
Ezenia! Inc
OTC:EZEN
567B USD 233 910.9 -180 630.8 -182 667.2 -177 298
DE
SAP SE
XETRA:SAP
310.1B EUR 8.8 54.1 29.2 33.5
US
Palantir Technologies Inc
NYSE:PLTR
288.9B USD 92.3 504.6 651.2 699
US
Salesforce Inc
NYSE:CRM
272.8B USD 7.2 43.9 24 34.9
US
Intuit Inc
NASDAQ:INTU
185.9B USD 10.8 61.2 38.9 46.7
US
Adobe Inc
NASDAQ:ADBE
181.1B USD 8.2 26.8 20.3 22.5
US
NCR Corp
LSE:0K45
141.6B USD 41.1 153.6 442.9 3 159.3
US
Applovin Corp
NASDAQ:APP
124.7B USD 24.2 64.7 45.5 53.5
US
Microstrategy Inc
NASDAQ:MSTR
98.7B USD 210.7 -84 -2 336.7 -1 677.4
US
Cadence Design Systems Inc
NASDAQ:CDNS
87.1B USD 17.9 80.8 51 58.2
P/S Multiple
Revenue Growth P/S to Growth
CA
Open Text Corp
TSX:OTEX
Average P/S: 21 303.1
1.4
-3%
N/A
US
Ezenia! Inc
OTC:EZEN
233 910.9
N/A N/A
DE
SAP SE
XETRA:SAP
8.8
12%
0.7
US
Palantir Technologies Inc
NYSE:PLTR
92.3
34%
2.7
US
Salesforce Inc
NYSE:CRM
7.2
10%
0.7
US
Intuit Inc
NASDAQ:INTU
10.8
13%
0.8
US
Adobe Inc
NASDAQ:ADBE
8.2
10%
0.8
US
N
NCR Corp
LSE:0K45
41.1
-8%
N/A
US
Applovin Corp
NASDAQ:APP
24.2
24%
1
US
Microstrategy Inc
NASDAQ:MSTR
210.7
3%
70.2
US
Cadence Design Systems Inc
NASDAQ:CDNS
17.9
13%
1.4
P/E Multiple
Earnings Growth PEG
CA
Open Text Corp
TSX:OTEX
Average P/E: 111.2
11.1
38%
0.3
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -180 630.8 N/A N/A
DE
SAP SE
XETRA:SAP
54.1
50%
1.1
US
Palantir Technologies Inc
NYSE:PLTR
504.6
73%
6.9
US
Salesforce Inc
NYSE:CRM
43.9
32%
1.4
US
Intuit Inc
NASDAQ:INTU
61.2
34%
1.8
US
Adobe Inc
NASDAQ:ADBE
26.8
26%
1
US
N
NCR Corp
LSE:0K45
153.6
-46%
N/A
US
Applovin Corp
NASDAQ:APP
64.7
44%
1.5
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -84 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
80.8
33%
2.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Open Text Corp
TSX:OTEX
Average EV/EBITDA: 145.6
7.4
3%
2.5
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -182 667.2 N/A N/A
DE
SAP SE
XETRA:SAP
29.2
19%
1.5
US
Palantir Technologies Inc
NYSE:PLTR
651.2
105%
6.2
US
Salesforce Inc
NYSE:CRM
24
21%
1.1
US
Intuit Inc
NASDAQ:INTU
38.9
29%
1.3
US
Adobe Inc
NASDAQ:ADBE
20.3
17%
1.2
US
N
NCR Corp
LSE:0K45
442.9
11%
40.3
US
Applovin Corp
NASDAQ:APP
45.5
38%
1.2
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -2 336.7 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
51
25%
2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CA
Open Text Corp
TSX:OTEX
Average EV/EBIT: 457.7
12.2
23%
0.5
US
Ezenia! Inc
OTC:EZEN
Negative Multiple: -177 298 N/A N/A
DE
SAP SE
XETRA:SAP
33.5
21%
1.6
US
Palantir Technologies Inc
NYSE:PLTR
699
107%
6.5
US
Salesforce Inc
NYSE:CRM
34.9
32%
1.1
US
Intuit Inc
NASDAQ:INTU
46.7
35%
1.3
US
Adobe Inc
NASDAQ:ADBE
22.5
20%
1.1
US
N
NCR Corp
LSE:0K45
3 159.3
79%
40
US
Applovin Corp
NASDAQ:APP
53.5
38%
1.4
US
Microstrategy Inc
NASDAQ:MSTR
Negative Multiple: -1 677.4 N/A N/A
US
Cadence Design Systems Inc
NASDAQ:CDNS
58.2
28%
2.1