OSPNOneSpan Inc.

$17.99+18% 1Y

Is the price fair?

Fair

Neither cheap nor expensive: nothing decisive, though cheap against its own history.

1 good, 1 neutral, 1 without data
What the price assumes~+3% a yearderived · Jun 30, 2026

Priced for ~3% a year FCF growth. Roughly in line with its three-year revenue growth of 3% a year.

Vs its own P/E rangecheaper than 81% of its own historyderived

Cheap vs its own history: P/E 10.2 vs a 47.8 median over 21 quarters (−79% vs median).

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What OSPN's price assumes

OneSpan Inc. trades at 10.2× earnings against 33.1× for the median Software - Infrastructure name, cheaper than its own group.

10.2

Trailing P/E · Software - Infrastructure median 33.1 · cheaper than the typical name in its group

Free cash flow yield
6.0%

Free cash flow yield · Software - Infrastructure median 5.3%

Growth the price implies
+3.2%

Growth the price implies · The price pays for +3.2% free cash flow growth a year for a decade; revenue has grown +2.8% a year over the last three.

Details›
Technology median P/E459 names
36.8
Software - Infrastructure median P/E107 names
33.1
Free cash flow, trailing twelve months
$40M
Market capitalisation
$667M
3-year revenue growth
+2.8%
OSPN has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 10.2× today against a 47.8× median
52-week range$10.04 – $18.42
Today$17.99

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.