Onespan Inc.
OSPN
Services-Computer Integrated Systems Design
Mkt Cap
$486.8MPE
-61.04Debt
-Cash
$64.88MEV
-FCF
-$9.472MP/E Ratio
-61.04Debt
-Cash
$64.88MEV
-FCF
-$9.472MCharts data: {"Earnings":[{"time":"2014-12-30","value":33484000},{"time":"2015-12-30","value":42151000},{"time":"2016-12-30","value":10514000},{"time":"2017-12-30","value":-22399000},{"time":"2018-12-30","value":3846000},{"time":"2019-12-30","value":8789000},{"time":"2020-12-30","value":-5455000},{"time":"2021-12-30","value":-30584000},{"time":"2022-12-30","value":-14434000},{"time":"2023-12-30","value":-29799000}],"Sales":[{"time":"2014-12-30","value":201537000},{"time":"2015-12-30","value":241443000},{"time":"2016-12-30","value":192304000},{"time":"2017-12-30","value":193291000},{"time":"2018-12-30","value":212280000},{"time":"2019-12-30","value":254570000},{"time":"2020-12-30","value":215691000},{"time":"2021-12-30","value":214481000},{"time":"2022-12-30","value":219006000},{"time":"2023-12-30","value":235106000}],"Net Margins":[{"time":"2014-12-30","value":0.1661431895880161},{"time":"2015-12-30","value":0.17457950737855313},{"time":"2016-12-30","value":0.05467384973791497},{"time":"2017-12-30","value":-0.11588227077308307},{"time":"2018-12-30","value":0.018117580553985303},{"time":"2019-12-30","value":0.034524885100365325},{"time":"2020-12-30","value":-0.02529080953771831},{"time":"2021-12-30","value":-0.14259538140907585},{"time":"2022-12-30","value":-0.06590687013141193},{"time":"2023-12-30","value":-0.12674708429389298}],"Assets":[{"time":"2014-12-30","value":251338000},{"time":"2015-12-30","value":311822000},{"time":"2016-12-30","value":327270000},{"time":"2017-12-30","value":337622000},{"time":"2018-12-30","value":352826000},{"time":"2019-12-30","value":384570000},{"time":"2020-12-30","value":375203000},{"time":"2021-12-30","value":342271000},{"time":"2022-12-30","value":335082000},{"time":"2023-12-30","value":289191000}],"Stockholders Equity":[{"time":"2014-12-30","value":205873000},{"time":"2015-12-30","value":248048000},{"time":"2016-12-30","value":256579000},{"time":"2017-12-30","value":237930000},{"time":"2018-12-30","value":252441000},{"time":"2019-12-30","value":264021000},{"time":"2020-12-30","value":257340000},{"time":"2021-12-30","value":219780000},{"time":"2022-12-30","value":203311000},{"time":"2023-12-30","value":159141000}],"ROE":[{"time":"2014-12-30","value":0.16264396011133078},{"time":"2015-12-30","value":0.16993081984132102},{"time":"2016-12-30","value":0.040977632619972795},{"time":"2017-12-30","value":-0.0941411339469592},{"time":"2018-12-30","value":0.015235243086503382},{"time":"2019-12-30","value":0.03328901867654467},{"time":"2020-12-30","value":-0.021197637366907593},{"time":"2021-12-30","value":-0.13915733915733916},{"time":"2022-12-30","value":-0.0709946830225615},{"time":"2023-12-30","value":-0.18724904330122344}],"ROA":[{"time":"2014-12-30","value":0.15154095282050467},{"time":"2015-12-30","value":0.16322773890232248},{"time":"2016-12-30","value":0.03490695755797965},{"time":"2017-12-30","value":0.02482361931390727},{"time":"2018-12-30","value":0.010070119549012827},{"time":"2019-12-30","value":0.04029175442702239},{"time":"2020-12-30","value":-0.008038315258673304},{"time":"2021-12-30","value":-0.07633717142264462},{"time":"2022-12-30","value":-0.034895935920162824},{"time":"2023-12-30","value":-0.09444623103761873}]}
OneSpan Inc., together with its subsidiaries, designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements worldwide. The company offers OneSpan Sign, a range of e-signature requirements for occasional agreement to processing tens of thousands of transactions; OneSpan Cloud Authentication, a cloud-based multifactor authentication solution that supports a range of authentication options, including biometrics, push notification, and visual cryptograms for transaction data security, SMS, and hardware authenticators; and OneSpan Identity Verification, which enables banks and financial institutions identity verification services. It also provides Mobile Security Suite, a software development kit that protect mobile transactions; Digipass Authenticators, consisting of a wide variety of authentication devices; and authentication servers that provides a range of strong authentication utilities and solutions designed to allow organizations to securely authenticate users and transactions. In addition, it offers Virtual Room, a purpose-built, high-assurance solution that blends the simplicity of a consumer video collaboration app with high-assurance identity and authentication security; OneSpan Notary; and Digipass CX, a cloud-connected high-assurance identity verification and authentication devices. It sells its solutions through its direct sales force, as well as through distributors, resellers, systems integrators, and original equipment manufacturers. The company was formerly known as VASCO Data Security International, Inc. and changed its name to OneSpan Inc. in May 2018. OneSpan Inc. was founded in 1991 and is headquartered in Chicago, Illinois.
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In the chart Earnings are multiplied by this value.
Earnings Growth -30%
Earnings Stability -26%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 17% | 5.5% | -12% | 1.8% | 3.5% | -2.5% | -14% | -6.6% | -13% | -3.3% |
| ROA | 16% | 3.5% | 2.5% | 1% | 4% | -0.8% | -7.6% | -3.5% | -9.4% | -1.9% |
| ROE | 17% | 4.1% | -9.4% | 1.5% | 3.3% | -2.1% | -14% | -7.1% | -19% | -4.7% |
What is the average Net Margin?
The average Net Margin over the past 5 years is -5.13%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is -3.27%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is -2.72%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is -2.33%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is -6.17%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is -4.12%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | - | - | - | - | - | - | - | - | - | - |
| Debt Equity | - | - | - | - | - | - | - | - | - | - |
| MIN | ||||||||||
| Graham Stability | - | - | -78% | 38% | - | - | -1.3K% | - | - | -1.3K% |
What is the Debt/FCF?
The Debt/FCF trailing twelve month is -.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is -.
What is the Graham’s Stability?
Graham’s Stability measure stands at -12.78.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2016 | 12-2018 | 12-2020 | 12-2022 | Trend |
|---|---|---|---|---|---|
| Revenue | 2.9% | 2.1% | 2.9% | 7.4% | -0.16% |
| Net Income | - | - | - | - | 35% |
| Stockholders Equity | -6.6% | -8.8% | -15% | -22% | -3.7% |
| FCF | - | - | - | - | -5.2% |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is +2.06%.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is -0.16%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is -.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is +35.4%.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is -8.81%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is -3.75%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is +56.68%.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is -5.2%.