PortfoliosLab logo
PortfoliosLab logo
​
Tools
Performance Analysis
Portfolio Analysis
Risk Analysis
Optimization
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Screeners
Discussions
Open Text Corporation (OTEX.TO)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Open Text Corporation (OTEX.TO)

Equity · Currency in CAD · Last updated Nov 19, 2024

Company Info

ISIN

CA6837151068

CUSIP

683715106

Sector

Technology

Industry

Software - Application

Highlights

Market Cap

CA$11.15B

EPS (TTM)

CA$2.41

PE Ratio

17.41

PEG Ratio

1.15

Total Revenue (TTM)

CA$4.34B

Gross Profit (TTM)

CA$3.17B

EBITDA (TTM)

CA$1.39B

Year Range

CA$37.69 - CA$58.97

Target Price

CA$43.91

Short %

1.49%

Short Ratio

8.62

Share Price Chart

Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Popular comparisons:
OTEX.TO vs. CSU.TO OTEX.TO vs. CDW OTEX.TO vs. VOO OTEX.TO vs. SPY OTEX.TO vs. SMCI OTEX.TO vs. BIP-UN.TO OTEX.TO vs. SHOP.TO OTEX.TO vs. XIT.TO OTEX.TO vs. ^GSPC
Popular comparisons:
OTEX.TO vs. CSU.TO OTEX.TO vs. CDW OTEX.TO vs. VOO OTEX.TO vs. SPY OTEX.TO vs. SMCI OTEX.TO vs. BIP-UN.TO OTEX.TO vs. SHOP.TO OTEX.TO vs. XIT.TO OTEX.TO vs. ^GSPC

Performance

Performance Chart

The chart shows the growth of an initial investment of CA$10,000 in Open Text Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
-0.82%
14.38%
OTEX.TO (Open Text Corporation)
Benchmark (^GSPC)

Returns By Period

Open Text Corporation had a return of -25.81% year-to-date (YTD) and -21.90% in the last 12 months. Over the past 10 years, Open Text Corporation had an annualized return of 3.58%, while the S&P 500 had an annualized return of 11.10%, indicating that Open Text Corporation did not perform as well as the benchmark.

OTEX.TO

YTD

-25.81%

1M

-13.52%

6M

-0.82%

1Y

-21.90%

5Y (annualized)

-5.13%

10Y (annualized)

3.58%

^GSPC (Benchmark)

YTD

23.56%

1M

0.49%

6M

11.03%

1Y

30.56%

5Y (annualized)

13.70%

10Y (annualized)

11.10%

Monthly Returns

The table below presents the monthly returns of OTEX.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20245.28%-10.56%0.71%-7.52%-17.44%3.01%5.94%-0.87%4.99%-7.24%-25.81%
202311.24%5.24%11.57%-1.57%10.00%-1.95%2.79%-3.42%-12.45%-2.87%17.79%2.58%41.43%
20221.33%-9.34%-3.51%-2.94%0.76%-5.67%7.58%-21.02%-11.23%8.08%0.10%2.20%-31.80%
2021-0.97%-1.05%6.09%-3.40%-1.78%11.12%2.94%6.81%-10.39%0.84%-2.86%-0.49%5.26%
20204.09%-5.36%-12.44%6.89%9.09%0.79%4.58%-1.87%-4.60%-13.02%17.12%1.24%2.35%
20194.97%7.11%2.87%0.37%4.69%0.56%4.16%-7.14%3.74%-1.52%8.99%-1.05%30.22%
2018-5.79%6.96%-0.22%1.14%-0.22%2.64%4.63%6.04%-3.97%-9.58%2.79%-2.26%0.79%
20177.43%-1.71%3.52%4.71%-6.56%-7.17%1.88%-3.32%0.20%12.05%-6.42%6.25%9.16%
20163.32%-1.85%0.01%4.41%9.35%-0.56%4.15%3.67%3.03%-2.00%2.77%-3.12%24.99%
20156.58%1.05%-8.18%-8.82%-13.11%-4.23%17.01%0.52%0.15%1.42%7.05%2.25%-1.88%
201412.95%2.32%-6.45%2.33%-6.40%1.21%18.44%0.73%1.42%0.48%8.75%-0.13%38.39%
20134.58%-2.42%5.76%9.64%7.17%1.91%0.96%-0.26%6.31%-0.45%17.51%8.52%75.64%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of OTEX.TO is 14, indicating that it is in the bottom 14% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of OTEX.TO is 1414
Combined Rank
The Sharpe Ratio Rank of OTEX.TO is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of OTEX.TO is 1313
Sortino Ratio Rank
The Omega Ratio Rank of OTEX.TO is 1111
Omega Ratio Rank
The Calmar Ratio Rank of OTEX.TO is 1616
Calmar Ratio Rank
The Martin Ratio Rank of OTEX.TO is 2222
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Open Text Corporation (OTEX.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio
The chart of Sharpe ratio for OTEX.TO, currently valued at -0.73, compared to the broader market-4.00-2.000.002.004.00-0.732.51
The chart of Sortino ratio for OTEX.TO, currently valued at -0.79, compared to the broader market-4.00-2.000.002.004.00-0.793.36
The chart of Omega ratio for OTEX.TO, currently valued at 0.88, compared to the broader market0.501.001.502.000.881.47
The chart of Calmar ratio for OTEX.TO, currently valued at -0.50, compared to the broader market0.002.004.006.00-0.503.62
The chart of Martin ratio for OTEX.TO, currently valued at -1.00, compared to the broader market0.0010.0020.0030.00-1.0016.12
OTEX.TO
^GSPC

The current Open Text Corporation Sharpe ratio is -0.73. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Open Text Corporation with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
-0.73
2.99
OTEX.TO (Open Text Corporation)
Benchmark (^GSPC)

Dividends

Dividend History

Open Text Corporation provided a 2.49% dividend yield over the last twelve months, with an annual payout of CA$1.01 per share. The company has been increasing its dividends for 9 consecutive years.

0.00%0.50%1.00%1.50%2.00%CA$0.00CA$0.20CA$0.40CA$0.60CA$0.80CA$1.002014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017201620152014
DividendCA$1.01CA$0.99CA$0.93CA$0.84CA$0.72CA$0.68CA$0.59CA$0.51CA$0.00CA$0.00CA$0.00

Dividend yield

2.49%1.77%2.31%1.40%1.25%1.18%1.32%1.14%0.00%0.00%0.00%

Monthly Dividends

The table displays the monthly dividend distributions for Open Text Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024CA$0.00CA$0.25CA$0.00CA$0.00CA$0.25CA$0.00CA$0.00CA$0.26CA$0.00CA$0.00CA$0.00CA$0.76
2023CA$0.00CA$0.00CA$0.24CA$0.00CA$0.00CA$0.24CA$0.00CA$0.25CA$0.00CA$0.00CA$0.25CA$0.00CA$0.99
2022CA$0.00CA$0.00CA$0.22CA$0.00CA$0.00CA$0.22CA$0.00CA$0.00CA$0.24CA$0.00CA$0.00CA$0.24CA$0.93
2021CA$0.00CA$0.00CA$0.20CA$0.00CA$0.00CA$0.20CA$0.00CA$0.00CA$0.22CA$0.00CA$0.00CA$0.22CA$0.84
2020CA$0.00CA$0.17CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.20CA$0.72
2019CA$0.00CA$0.15CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.17CA$0.00CA$0.00CA$0.17CA$0.00CA$0.68
2018CA$0.00CA$0.00CA$0.13CA$0.00CA$0.00CA$0.15CA$0.00CA$0.15CA$0.00CA$0.00CA$0.15CA$0.00CA$0.59
2017CA$0.00CA$0.00CA$0.12CA$0.00CA$0.13CA$0.00CA$0.00CA$0.13CA$0.00CA$0.00CA$0.13CA$0.00CA$0.51
2016CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00
2015CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00
2014CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00CA$0.00

Dividend Yield & Payout

Dividend Yield
5.0%10.0%15.0%2.5%
Open Text Corporation has a dividend yield of 2.49%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%24.8%
Open Text Corporation has a payout ratio of 24.76%, which is quite average when compared to the overall market. This suggests that Open Text Corporation strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-37.70%
-1.26%
OTEX.TO (Open Text Corporation)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Open Text Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Open Text Corporation was 72.08%, occurring on Nov 8, 1999. Recovery took 78 trading sessions.

The current Open Text Corporation drawdown is 37.70%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-72.08%Apr 14, 1999149Nov 8, 199978Feb 24, 2000227
-68.19%Mar 8, 2004388Sep 8, 2005854Jan 30, 20091242
-68.04%Mar 2, 2000615Jul 10, 2002415Feb 11, 20041030
-48.28%Sep 2, 2021277Oct 11, 2022———
-42.48%Jul 21, 199858Oct 8, 199832Nov 23, 199890

Volatility

Volatility Chart

The current Open Text Corporation volatility is 14.15%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
14.15%
4.34%
OTEX.TO (Open Text Corporation)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Open Text Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Annual
Quarterly
0.0

Valuation

The Valuation section provides an assessment of the market value of Open Text Corporation compared to its peers in the Software - Application industry.

PE Ratio
200.0400.0600.0800.01,000.01,200.01,400.017.4
The chart displays the price to earnings (P/E) ratio for OTEX.TO in comparison to other companies of the Software - Application industry. Currently, OTEX.TO has a PE value of 17.4. This PE value is considered to be low compared to the rest of the industry.
PEG Ratio
-10.0-5.00.05.01.2
The chart displays the price to earnings to growth (PEG) ratio for OTEX.TO in comparison to other companies of the Software - Application industry. Currently, OTEX.TO has a PEG value of 1.2. This PEG ratio falls in the average range for the industry.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Open Text Corporation.

Loading data...

Income Statement

TTM
Revenue

Total Revenue

—

Cost Of Revenue

—

Gross Profit

—
Operating Expenses

Selling, General & Admin Expenses

—

R&D Expenses

—

Depreciation And Amortization

—

Total Operating Expenses

—
Income

Income Before Tax

—

Operating Income

—

EBITDA

—

EBIT

—

Earnings From Continuing Operations

—

Net Income

—

Income Tax Expense

—

Other Non-Operating Income (Expenses)

—

Extraordinary Items

—

Discontinued Operations

—

Effect Of Accounting Charges

—

Non Recurring

—

Minority Interest

—

Other Items

—

Interest Income

—

Interest Expense

—

Net Interest Income

—
Values in undefined except per share items