Open Text Financials
| OTEX Stock | CAD 40.17 0.35 0.86% |
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Open Text Stock Summary
Open Text competes with NextSource Materials, Precious Metals, Brookfield Asset, Labrador Iron, and Highwood Asset. 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 Canada and is traded on Toronto Stock Exchange. It employs 14800 people.| Foreign Associate | USA |
| Instrument | Canada Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA6837151068 |
| Business Address | 275 Frank Tompa |
| Sector | Software |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.opentext.com |
| Phone | 519 888 7111 |
| Currency | CAD - Canadian Dollar |
You should never invest in Open Text without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Open Stock, because this is throwing your money away. Analyzing the key information contained in Open Text's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Open Text Key Financial Ratios
Open Text's financial ratios allow both analysts and investors to convert raw data from Open Text's financial statements into concise, actionable information that can be used to evaluate the performance of Open Text over time and compare it to other companies across industries.| Return On Equity | 0.12 | |||
| Return On Asset | 0.0427 | |||
| Target Price | 48.34 | |||
| Beta | 1.14 | |||
| Last Dividend Paid | 1.01 |
Open Financial Ratios 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 considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.37 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Open Text Corp is roughly 2.69 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Open Text by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Open Text's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Open Text Corp Systematic Risk
Open Text's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Open Text volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Open Text Corp correlated with the market. If Beta is less than 0 Open Text generally moves in the opposite direction as compared to the market. If Open Text Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Open Text Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Open Text is generally in the same direction as the market. If Beta > 1 Open Text moves generally in the same direction as, but more than the movement of the benchmark.
Open Text January 20, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Open Text help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Open Text Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Open Text Corp based on widely used predictive technical indicators. In general, we focus on analyzing Open Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Open Text's daily price indicators and compare them against related drivers.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 12.71 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 1.84 |
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.