OTEXOpen Text Corporation

$23.70-34% 1Y

Is the price fair?

Good

Undemanding: modest expectations priced in and cheap against its own history.

2 good, 1 without data
What the price assumes~−11% a yearderived · Jun 30, 2026

Priced for a decline (~−11% a year). The price demands less than its three-year revenue growth of 5% a year, expectations look modest.

Vs its own P/E rangecheaper than 88% of its own historyderived

Cheap vs its own history: P/E 9.2 vs a 28.3 median over 41 quarters (−68% 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 OTEX's price assumes

Open Text Corporation trades at 9.18× earnings against 33.9× for the median Software - Application name, cheaper than its own group.

9.18

Trailing P/E · Software - Application median 33.9 · cheaper than the typical name in its group

Price / sales
1.01

Price / sales · as of 2026-Q2

Free cash flow yield
16%

Free cash flow yield · Software - Application median 6.9%

Growth the price implies
−11%

Growth the price implies · The price pays for −11% free cash flow growth a year for a decade; the business has delivered +8.8% a year over the last three.

Details›
Price / bookas of 2026-Q2
1.32
EV / EBITas of 2026-Q2
9.34
EV / salesas of 2026-Q2
1.93
Technology median P/E459 names
37.7
Software - Application median P/E126 names
33.9
Free cash flow, trailing twelve months
$844M
Market capitalisation
$5.19B
3-year revenue growth
+5.4%
3-year free cash flow growth
+8.8%
OTEX 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, 9.18× today against a 28.3× median
52-week range$20.01 – $38.49
Today$23.70

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