Open Text (OTEX) Stock Insights
OTEX$26.86-0.28 -1.01%
$6.52B
Market Cap
6.18
P/E
6.87
Forward P/E
71
Score
Open Text (OTEX) Stock Insights
OTEX price $26.86 -0.28 -1.01%
- Ticker
- OTEX
- Price
- $26.86
- Change
- -0.28 -1.01%
- Market cap ?
- $6.52B
- P/E ?
- 6.18
- Forward P/E ?
- 6.87
- Dividend yield ?
- 3.95%
- Beta ?
- 1.02
- Sector
- Technology
- Industry
- Software - Application
- Stocklytics score
- 71
- Value
- 84
- Quality
- 52
- Growth
- 78
Stocklytics score rationale: value 84, quality 52, growth 78.
Financials
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 2340160270 | 2718389467 | 2905838235 | 3065258307 | 3508175919 | 3434388030 | 4532423482 | 5712689852 | 5168405000 | 5246401000 |
Open Text Corporation specializes in the creation, development, and distribution of advanced software and comprehensive solutions designed for information management. Its extensive portfolio encompasses vital areas such as content services and a sophisticated business network that facilitates data management both internally and across external boundaries. The company also delivers robust security and protection…
Fair value
OTEX fair value $99.74. Price $26.86. Price is 73% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 94% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.49B. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.89% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 242.66M. Net debt 5.02B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | 0.94 | — | 1.22B |
| 2026-08-06 | 1.23 | 1.02 | 1.33B | 1.29B |
| 2026-05-07 | 1.01 | 0.90 | 1.26B | 1.26B |
| 2026-02-05 | 1.13 | 1.04 | 1.32B | 1.30B |
| 2025-11-05 | 1.05 | 0.99 | 1.31B | 1.27B |
| 2025-08-07 | 0.97 | 0.84 | 1.32B | 1.30B |
| 2025-04-30 | 0.82 | 0.74 | 1.25B | 1.25B |
| 2025-02-06 | 1.11 | 0.92 | 1.33B | 1.31B |
| 2024-10-31 | 0.93 | 0.80 | 1.31B | 1.31B |
| 2024-08-01 | 0.98 | 1.01 | 1.38B | 1.41B |
| 2024-05-02 | 0.94 | 0.94 | 1.46B | 1.45B |
| 2024-02-01 | 1.24 | 1.19 | 1.56B | 1.52B |
| 2023-11-02 | 1.01 | 0.90 | 1.43B | 1.42B |
| 2023-08-03 | 0.91 | 0.86 | 1.50B | 1.50B |
| 2023-05-04 | 0.73 | 0.47 | 1.24B | 1.18B |
| 2023-02-02 | 0.89 | 0.78 | 885.05M | 868.87M |
| 2022-11-03 | 0.77 | 0.76 | 832.92M | 827.69M |
| 2022-08-04 | 0.80 | 0.77 | 905.73M | 899.67M |
| 2022-05-04 | 0.70 | 0.66 | 893.12M | 901.59M |
| 2022-02-03 | 0.89 | 0.88 | 885.52M | 866.45M |
| 2021-11-04 | 0.83 | 0.80 | 826.64M | 823.01M |
| 2021-08-05 | 0.80 | 0.72 | 885.95M | 893.53M |
| 2021-05-06 | 0.75 | 0.69 | 839.15M | 760.50M |
| 2021-02-04 | 0.95 | 0.85 | 875.16M | 754.98M |
| 2020-11-05 | 0.89 | 0.67 | 802.07M | 540.01M |
| 2020-08-06 | 0.80 | 0.61 | 840.84M | 630.29M |
| 2020-04-30 | 0.61 | 0.57 | 769.86M | 761.26M |
| 2020-01-30 | 0.84 | 0.79 | 785.40M | 725.63M |
| 2019-10-31 | 0.64 | 0.63 | 695.10M | 686.00M |
| 2019-08-01 | 0.72 | 0.72 | 765.05M | 747.22M |
| 2019-05-01 | 0.64 | 0.60 | 715.61M | 674.20M |
| 2019-01-31 | 0.80 | 0.72 | 710.92M | 661.71M |
| 2018-10-31 | 0.60 | 0.59 | 674.60M | 656.08M |
| 2018-08-02 | 0.72 | 0.68 | 740.34M | 712.39M |
| 2018-05-09 | 0.54 | 0.62 | 672.88M | 787.51M |
| 2018-01-31 | 0.76 | 0.63 | 745.15M | 608.78M |
| 2017-11-02 | 0.54 | 0.54 | 642.09M | 640.70M |
| 2017-08-03 | 0.60 | 0.58 | 687.02M | 641.48M |
| 2017-05-08 | 0.45 | 0.50 | 588.59M | 659.00M |
| 2017-02-02 | 0.54 | 0.52 | 540.00M | 522.60M |
Dividends
Yield 4.11%. Payout ratio 41.62%. Frequency Quarterly.
Safety score 95/100 · Safe. Payout ratio is 42% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 14 separate years. Yield is 4.1%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-09-04 | $0.28 | 2026-09-04 | 2026-09-18 | Quarterly |
| 2026-06-05 | $0.28 | 2026-06-05 | 2026-06-19 | Quarterly |
| 2026-03-06 | $0.28 | 2026-03-06 | 2026-03-20 | Quarterly |
| 2025-12-05 | $0.28 | 2025-12-05 | 2025-12-19 | Quarterly |
| 2025-09-05 | $0.28 | 2025-09-05 | 2025-09-19 | Quarterly |
| 2025-06-06 | $0.26 | 2025-06-06 | 2025-06-20 | Quarterly |
| 2025-03-07 | $0.26 | 2025-03-07 | 2025-03-21 | Quarterly |
| 2024-11-29 | $0.26 | 2024-11-29 | 2024-12-20 | Quarterly |
| 2024-08-30 | $0.26 | 2024-08-30 | 2024-09-20 | Quarterly |
| 2024-05-31 | $0.25 | 2024-05-31 | 2024-06-18 | Quarterly |
| 2024-02-29 | $0.25 | 2024-03-01 | 2024-03-20 | Quarterly |
| 2023-11-30 | $0.25 | 2023-12-01 | 2023-12-20 | Quarterly |
| 2023-08-31 | $0.25 | 2023-09-01 | 2023-09-22 | Quarterly |
| 2023-06-01 | $0.24 | 2023-06-02 | 2023-06-23 | Quarterly |
| 2023-03-02 | $0.24 | 2023-03-03 | 2023-03-23 | Quarterly |
| 2022-12-01 | $0.24 | 2022-12-02 | 2022-12-22 | Quarterly |
| 2022-09-01 | $0.24 | 2022-09-02 | 2022-09-23 | Quarterly |
| 2022-06-02 | $0.22 | 2022-06-03 | 2022-06-24 | Quarterly |
| 2022-03-03 | $0.22 | 2022-03-04 | 2022-03-25 | Quarterly |
| 2021-12-02 | $0.22 | 2021-12-03 | 2021-12-22 | Quarterly |
| 2021-09-02 | $0.22 | 2021-09-03 | 2021-09-24 | Quarterly |
| 2021-06-03 | $0.20 | 2021-06-04 | 2021-06-25 | Quarterly |
| 2021-03-04 | $0.20 | 2021-03-05 | 2021-03-26 | Quarterly |
| 2020-12-03 | $0.20 | 2020-12-04 | 2020-12-22 | Quarterly |
| 2020-09-03 | $0.17 | 2020-09-04 | 2020-09-25 | Quarterly |
| 2020-05-28 | $0.17 | 2020-05-29 | 2020-06-19 | Quarterly |
| 2020-02-27 | $0.17 | 2020-02-28 | 2020-03-20 | Quarterly |
| 2019-11-29 | $0.17 | 2019-11-29 | 2019-12-19 | Quarterly |
| 2019-08-29 | $0.17 | 2019-08-30 | 2019-09-20 | Quarterly |
| 2019-05-30 | $0.17 | 2019-05-31 | 2019-06-21 | Quarterly |
| 2019-02-28 | $0.15 | 2019-03-01 | 2019-03-22 | Quarterly |
| 2018-11-29 | $0.15 | 2018-11-30 | 2018-12-20 | Quarterly |
| 2018-08-30 | $0.15 | 2018-08-31 | 2018-09-21 | Quarterly |
| 2018-06-07 | $0.15 | 2018-06-08 | 2018-06-29 | Quarterly |
| 2018-03-01 | $0.13 | 2018-03-02 | 2018-03-23 | Quarterly |
| 2017-11-30 | $0.13 | 2017-12-01 | 2017-12-20 | Quarterly |
| 2017-08-30 | $0.13 | 2017-09-01 | 2017-09-22 | Quarterly |
| 2017-05-24 | $0.13 | 2017-05-26 | 2017-06-16 | Quarterly |
| 2017-03-01 | $0.12 | 2017-03-03 | 2017-03-23 | Quarterly |
| 2016-11-30 | $0.12 | 2016-12-02 | 2016-12-22 | Quarterly |
| 2016-08-24 | $0.12 | 2016-08-26 | 2016-09-16 | Quarterly |
| 2016-05-25 | $0.12 | 2016-05-27 | 2016-06-17 | Quarterly |
| 2016-03-08 | $0.10 | 2016-03-10 | 2016-03-31 | Quarterly |
| 2015-11-25 | $0.10 | 2015-11-27 | 2015-12-18 | Quarterly |
| 2015-08-26 | $0.10 | 2015-08-28 | 2015-09-18 | Quarterly |
| 2015-05-27 | $0.10 | 2015-05-29 | 2015-06-19 | Quarterly |
| 2015-02-24 | $0.09 | 2015-02-26 | 2015-03-19 | Quarterly |
| 2014-11-19 | $0.09 | 2014-11-21 | 2014-12-12 | Quarterly |
| 2014-08-27 | $0.09 | 2014-08-29 | 2014-09-19 | Quarterly |
| 2014-05-21 | $0.09 | 2014-05-23 | 2014-06-13 | Quarterly |
| 2014-02-21 | $0.07 | 2014-02-25 | 2014-03-14 | Quarterly |
| 2013-11-26 | $0.07 | 2013-11-29 | 2013-12-20 | Quarterly |
| 2013-08-28 | $0.07 | 2013-08-30 | 2013-09-20 | Quarterly |
| 2013-05-29 | $0.07 | 2013-05-31 | 2013-06-21 | Special |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| No data yet. | |||||
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 290, holders -9 vs prior quarter. Ownership 82.23%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| 1832 ASSET MANAGEMENT L.P. | 25.04M | -2.20M | -8.06% | 554.68M |
| FIL LTD | 19.14M | 1.95M | +11.35% | 423.51M |
| BRANDES INVESTMENT PARTNERS, LP | 13.06M | 925.93K | +7.63% | 289.32M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 12.04M | 1.83M | +17.93% | 266.60M |
| LETKO, BROSSEAU & ASSOCIATES INC | 8.84M | 1.05M | +13.44% | 195.53M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 8.35M | 6.82M | +446.32% | 184.87M |
| ROYAL BANK OF CANADA | 8.09M | -1.76M | -17.85% | 179.12M |
| FIRST TRUST ADVISORS LP | 7.22M | -154.36K | -2.09% | 159.72M |
| VANGUARD CAPITAL MANAGEMENT LLC | 7.14M | 78.04K | +1.10% | 158.13M |
| GUARDIAN CAPITAL LP | 5.10M | 527.12K | +11.53% | 112.79M |
| MACKENZIE FINANCIAL CORP | 3.56M | 859.17K | +31.85% | 111.65M |
| MORGAN STANLEY | 4.38M | 662.37K | +17.81% | 97.04M |
| DIMENSIONAL FUND ADVISORS LP | 4.20M | 55.10K | +1.33% | 92.98M |
| NATIONAL BANK OF CANADA /FI/ | 3.70M | 637.12K | +20.78% | 81.49M |
| NORGES BANK | 3.25M | 3.25M | New | 71.81M |
| CIBC WORLD MARKET INC. | 3.21M | 886.27K | +38.17% | 70.94M |
| VALUE PARTNERS INVESTMENTS INC. | 2.42M | 1.79K | +0.07% | 53.36M |
| BANK OF MONTREAL /CAN/ | 2.29M | -241.76K | -9.54% | 50.71M |
| AMUNDI | 2.26M | 1.37M | +154.86% | 50.06M |
| VANGUARD FIDUCIARY TRUST CO | 2.18M | 20.67K | +0.96% | 48.20M |
| BLACKROCK, INC. | 2.08M | 389.81K | +23.02% | 46.14M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.68M | -1.95M | -53.70% | 45.52M |
| TD WATERHOUSE CANADA INC. | 1.98M | 63.76K | +3.33% | 45.23M |
| NEW SOUTH CAPITAL MANAGEMENT INC | 2.03M | -167.34K | -7.62% | 44.92M |
| TD ASSET MANAGEMENT INC | 2.03M | -372.75K | -15.54% | 44.82M |
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