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OSPN$15.13-2.61%
Fair $15.13+0.0%

OSPN

OneSpan Inc.

Technology / Software - InfrastructureNasdaqCM

$15.13

-0.40 (-2.61%)

Fairly Valued+0.0%Fair Value $15.13Fund rank 29/100 · Data gapFallback financials|
SA 61/B
F-Score: 6/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 33% · confianza 25%

FCF escenarios

weak_data · normalized FCF $46.4M · quality 51.3/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 24/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

61/100

B

Piotroski

6/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 17Warnings: 0unknown: 17
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · OSPNLocal privado en este navegador · OneSpan Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$561M

P/E

8.4x

↓

EV/EBITDA

8.7x

↓

ROE

26.8%

↑

Gross Margin

73.8%

↑

Debt/Equity

0.02

↓
52-Week Range$15
$10$18

TradingView lightweight chart

OSPN price, volumen y niveles de valoración

Último $15.14Periodo +112.4%
Fair value: $15.13

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2009–2025 · 16 años de histórico normalizado

Revenue CAGR

+5.6%

FCF CAGR

—

FCF margin

20.7%

FCF / Net income

0.69x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $243.2M · net income $72.9M · FCF $50.4M

2009-FY → 2025-FY

Gross margin

73.8%+3.8% pts

Operating margin

20.6%+8.2% pts

Net margin

30.0%+18.3% pts

FCF margin

20.7%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
Income Statement
Revenue$243.2M$243.2M$243.2M$235.1M$219.0M————$193.3M$192.3M$241.4M$201.5M$155.0M$154.0M$168.1M$108.0M$101.7M
Net Income$72.9M$72.9M$57.1M$-29.8M$-14.4M$-30.6M$-5.5M$7.9M$3.0M$-22.4M$10.5M$42.2M$33.5M$11.1M$15.6M$18.1M$10.8M$11.9M
EBITDA$60.1M$60.1M$57.6M$-5.1M$-6.7M$-17.2M$6.7M$25.7M$11.2M$16.8M$20.4M$56.8M$44.2M$18.8M$24.7M$28.6M$14.8M$16.0M
EPS1.881.881.46-0.74-0.36-0.77-0.140.200.08-0.560.271.060.850.280.400.470.280.31
Gross Margin73.8%73.8%71.8%67.1%67.8%————69.6%67.9%59.5%62.3%64.4%64.6%64.3%70.4%70.0%
Operating Margin20.6%20.6%20.3%-4.9%-6.3%————3.2%5.0%20.9%18.9%8.8%13.7%14.7%11.5%12.4%
Net Margin30.0%30.0%23.5%-12.7%-6.6%————-11.6%5.5%17.5%16.6%7.2%10.1%10.8%10.0%11.7%
Balance Sheet
Debt/Equity0.020.020.030.040.04—————————————
Current Ratio1.251.25————————————————
Cash Flow
Free Cash Flow$50.4M$50.4M$46.4M$-23.3M$-10.8M$-4.9M$11.8M$10.8M$-2.5M$14.5M$26.4M$67.4M——————
Returns
ROE26.8%26.8%26.9%-18.7%-7.1%-13.9%-2.1%3.0%1.2%-9.4%4.2%17.0%16.3%6.4%10.0%13.4%9.3%10.9%
Valuation
P/E8.368.3613.11———————————————
EV/EBITDA8.718.7111.66———————————————
P/B2.162.163.522.412.36—————————————
Growth & Yield
Revenue Growth0.0%0.0%3.4%7.4%—————0.5%-20.4%19.8%30.0%0.7%-8.4%55.7%6.2%—
EPS Growth28.8%28.8%297.3%-105.6%—-450.0%-170.0%150.0%114.3%-307.4%-74.5%24.7%203.6%-30.0%-14.9%67.9%-9.7%—
Dividend Yield3.4%3.4%————————————————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

-10.6%

fácil

EPS terminal req.

$1.34

Spread vs growth

39.4%

5Y implied EPS CAGR

-2.9%

fácil

EPS terminal req.

$1.63

Spread vs growth

31.6%

10Y implied EPS CAGR

3.4%

fácil

EPS terminal req.

$2.62

Spread vs growth

25.4%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -0.5%

Total return

-0.5%

Start / end P/E

10.8x → 8.1x

EPS bridge

1.46 → 1.88

Residual

-7.3%

EPS growth+28.8%
Multiple rerating-25.3%
Dividend+3.4%
Residual / FX / buybacks / cross-term-7.3%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.