Valuation
Is the price right?3/3 inputs reported · High confidence
Stronger than most peers on:
- ▲ Earnings yield
- ▲ FCF yield
- ▲ EBITDA yield
Behind the score
Sector-normalized EBITDA, earnings, and free cash flow yields.
Bringing the fundamentals into focus…
Price as of close on Nov 3, 2026 · Financials updated Oct 6, 2026
3/3 inputs reported · High confidence
Stronger than most peers on:
Sector-normalized EBITDA, earnings, and free cash flow yields.
3/3 inputs reported · High confidence
Weaker than most peers on:
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
3/3 inputs reported · High confidence
Stronger than most peers on:
Return on invested capital, operating margin, and return on assets.
3/3 inputs reported · High confidence
Weaker than most peers on:
Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
No major changes
| Previous quarter | Latest quarter | Change | |
|---|---|---|---|
| Revenue (12 months) | 351.0M USD | 354.7M USD | +1.0% |
| Net income (12 months) | 88.1M USD | 94.7M USD | +7.5% |
| Operating margin | 42.9% | 41.8% | −1.1 pts |
| Free cash flow (12 months) | 110.6M USD | 115.7M USD | +4.6% |
| Debt | 556.8M USD | 555.3M USD | −0.3% |
| Cash | 92.3M USD | 98.9M USD | +7.2% |
| Shares outstanding | 18.4M | 18.3M | −0.4% |
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Valuations in Software - Infrastructure are above their usual range since 2016.
| Key ratios | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | Change |
|---|---|---|---|---|---|---|
| Gross margin | 83.6% | 82.9% | 81.2% | 80.1% | 79.8% | ▼ 0.3 pts |
| Operating margin | 49.7% | 41.9% | 40.6% | 42.6% | 43.0% | ▲ 0.3 pts |
| Net margin | 30.9% | 20.1% | 21.3% | 25.5% | 24.2% | ▼ 1.4 pts |
| Return on assets (ROA) | 19.4% | 11.5% | 11.9% | 14.9% | 12.7% | ▼ 2.1 pts |
| Return on equity (ROE) | — | — | — | — | 613.7% | — |
| Free cash flow margin | 56.9% | 14.7% | 21.4% | 25.2% | 30.3% | ▲ 5.1 pts |
| Current ratio | 1.23× | 1.91× | 1.75× | 0.94× | 1.79× | ▲ 90% |
| Debt to equity | — | — | — | — | 40.54× | — |
| Interest coverage | 12.27× | 2.95× | 3.25× | 4.40× | 4.23× | ▼ 3.8% |
Price history is added with the daily price update and will appear after the next one.