← BackOPEN TEXT CORP · IT systems designOTEX
Low riskNext report: Around Nov 4 (est.)
The short versionA profitable company with steady sales. Institutions are adding.
Going well
- Raised its dividend (3.8% yield)
- Profitable every year for 10 years
- Brings in more cash than it spends
Watch out for
- Revenue down 10.4% from the year before
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 6.5% to their holdings in the quarter ending June 2026 (153 bought, 142 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$27.63-1.1% that day
- Company value
- $6.7B
- Share price times all shares
- Price vs profit (P/E)
- 10.7x
- You pay about $11 for each $1 of yearly profit
- Price vs sales
- 1.3x
- Company value is 1.3 times a year of sales
- Dividend yield
- 3.8%
- Yearly dividend as a share of today's price
- Cash vs value
- 14%
- Cash as a share of company value
- Debt vs value
- 95%
- Debt as a share of company value
From OTEX's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26 (worked out from yearly totals)$1.3B+2.9% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $5.2B, up 1.5% from the 12 months before. Over 5 years, sales grew about 11% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.10.5%
- MissDebt under half of equityNot relying on borrowed money.1.58x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.8.4%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$830.6M
- PassShare count not growingNot diluting owners. Falling means buybacks.-3.0% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.72.3%
- Revenue
- $5.2B
- -10.4% vs prior year
- 5-year growth
- +10.7%/yr
- revenue, per year
- Total debt
- $6.4B
- 1.58x equity
- Current ratio
- 0.94x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $1.3B
- +2.9% YoY
- EPS
- $0.64
- vs $0.12
- Op. margin
- 23.7%
- +9.8 pts
- Gross margin
- 75.0%
- +2.7 pts
- Free cash flow
- $122.0M
- Share count
- -4.8%
- vs a year ago
Some values are worked out from year-to-date totals in the annual report.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 1.0
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+6.5%Institutions added 6.5% to their holdings. 153 bought, 142 sold. 7 quarters of net buying in a row.
Shares held by institutions202.9M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-3.7%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
1.4x · $5.8B debtShares outstandingLatest reported
242MNext reportAround Nov 4 (est.)Estimated from the same quarter last year
- Results filedAug 6
- Results filedMay 7
- Results filedApr 10
- Results filedFeb 5
- Results filedNov 5, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.