Open Financial Statements From 2010 to 2026
| OTEX Stock | USD 32.46 0.24 0.74% |
Check Open Text financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Open Text's main balance sheet or income statement drivers, such as , as well as many indicators such as . Open financial statements analysis is a perfect complement when working with Open Text Valuation or Volatility modules.
Check out the analysis of Open Text Correlation against competitors. Open Text Corp Company Return On Equity Analysis
Open Text's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Open Text Return On Equity | 0.12 |
Most of Open Text's fundamental indicators, such as Return On Equity, 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.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Open Text Corp has a Return On Equity of 0.1232. This is 101.02% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The return on equity for all United States stocks is 139.74% lower than that of the firm.
Open Text Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Open Text's current stock value. Our valuation model uses many indicators to compare Open Text value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Open Text competition to find correlations between indicators driving Open Text's intrinsic value. More Info.Open Text Corp is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.40 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Open Text Corp is roughly 2.53 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Open Text's earnings, one of the primary drivers of an investment's value.About Open Text Financial Statements
Open Text investors use historical fundamental indicators, such as Open Text's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Open Text. Please read more on our technical analysis and fundamental analysis pages.
Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada. Open Text operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 14800 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional 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.