More stocks to consider
Alternative stocks to Open Text (NasdaqGS:OTEX)


These are the alternatives to Open Text that fall within the same industry, Application Software, or region, Canada.

How to read the ranks

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

See Open Text Performance

Open Text stock research in summary

opentext.com


Open Text shares are less expensive than other comparable stocks. They are good value, are safely financed and show above average growth. We recommend evaluating whether the future of the company Open Text is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


Latest Obermatt Ranks


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Country Canada
Industry Application Software
Index
Size class X-Large

Large companies - similar industry as Open Text

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Salesforce (XXL, US)  Application Software
1. Salesforce (XXL, US)   Application Software 69 84 84 100
2. Zoom Video Communications (XL, US)  Application Software
2. Zoom Video Communications (XL, US)   Application Software 26 29 79 88
3. Synopsys (XL, US)  Application Software
3. Synopsys (XL, US)   Application Software 12 78 92 79
4. Intuit (XXL, US)  Application Software
4. Intuit (XXL, US)   Application Software 48 72 58 72
5. Roper (XL, US)  Application Software
5. Roper (XL, US)   Application Software 67 31 72 68
6. Adobe (XXL, US)  Application Software
6. Adobe (XXL, US)   Application Software 23 40 93 54
7. Constellation Software (XL, CA)  Application Software
7. Constellation Software (XL, CA)   Application Software 39 93 31 51
8. Workday (XL, US)  Application Software
8. Workday (XL, US)   Application Software 6 96 56 43
9. Autodesk (XL, US)  Application Software
9. Autodesk (XL, US)   Application Software 6 50 60 31
10. NCR (XL, US)  Application Software
10. NCR (XL, US)   Application Software 89 22 10 18

March 21, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Open Text

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Celestica (XL, CA)  Electr. Manufacturing Services
1. Celestica (XL, CA)   Electr. Manufacturing Services 83 73 82 100
2. Linamar (XL, CA)  Auto Parts & Equipment
2. Linamar (XL, CA)   Auto Parts & Equipment 87 73 100 100
3. Brookfield (XL, CA)  Asset Management & Custody
3. Brookfield (XL, CA)   Asset Management & Custody 61 77 96 98
4. Fairfax (XXL, CA)  Property & Casualty Insurance
4. Fairfax (XXL, CA)   Property & Casualty Insurance 94 61 65 96
5. Tourmaline Oil (XL, CA)  Oil & Gas Production
5. Tourmaline Oil (XL, CA)   Oil & Gas Production 35 97 89 94
6. Canadian Tire (XXL, CA)  General Merchandise Stores
6. Canadian Tire (XXL, CA)   General Merchandise Stores 86 61 65 93
7. Canfor (XL, CA)  Forest Products
7. Canfor (XL, CA)   Forest Products 47 79 80 92
8. Barrick Gold (XL, CA)  Gold Production
8. Barrick Gold (XL, CA)   Gold Production 72 63 71 92
9. Manulife Financial (XXL, CA)  Life & Health Insurance
9. Manulife Financial (XXL, CA)   Life & Health Insurance 74 29 100 91
10. ATCO (XL, CA)  Multi-Utilities
10. ATCO (XL, CA)   Multi-Utilities 97 29 79 91

March 21, 2024


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Mid sized companies - similar industry as Open Text

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Lightspeed Commerce (M, CA)  Application Software
1. Lightspeed Commerce (M, CA)   Application Software 49 91 70 100
2. Smartsheet (M, US)  Application Software
2. Smartsheet (M, US)   Application Software 51 15 97 98
3. Bill.com Holdings (M, US)  Application Software
3. Bill.com Holdings (M, US)   Application Software 41 85 76 94
4. ACI (L, US)  Application Software
4. ACI (L, US)   Application Software 69 38 91 93
5. Paycom Software (L, US)  Application Software
5. Paycom Software (L, US)   Application Software 90 6 98 92
6. Enghouse Systems (M, CA)  Application Software
6. Enghouse Systems (M, CA)   Application Software 91 26 98 91
7. Ceridian HCM Holding (L, US)  Application Software
7. Ceridian HCM Holding (L, US)   Application Software 39 68 89 91
8. Cerence (M, US)  Application Software
8. Cerence (M, US)   Application Software 81 48 75 88
9. Dynatrace (L, US)  Application Software
9. Dynatrace (L, US)   Application Software 31 89 81 86
10. SPS Commerce (M, US)  Application Software
10. SPS Commerce (M, US)   Application Software 13 72 95 86

March 21, 2024


Mid sized companies - similar region as Open Text

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Fairfax India Holdings (M, CA)  Asset Management & Custody
1. Fairfax India Holdings (M, CA)   Asset Management & Custody 68 95 93 100
2. Magellan Aerospace (M, CA)  Aerospace & Defense
2. Magellan Aerospace (M, CA)   Aerospace & Defense 100 73 100 100
3. Lassonde (L, CA)  Packaged Foods & Meats
3. Lassonde (L, CA)   Packaged Foods & Meats 96 71 79 100
4. Leon's Furniture (L, CA)  Homefurnishing Retail
4. Leon's Furniture (L, CA)   Homefurnishing Retail 88 61 76 100
5. Lightspeed Commerce (M, CA)  Application Software
5. Lightspeed Commerce (M, CA)   Application Software 49 91 70 100
6. The North West (L, CA)  Food Retail
6. The North West (L, CA)   Food Retail 88 63 66 98
7. Jamieson Wellness (M, CA)  Personal Products
7. Jamieson Wellness (M, CA)   Personal Products 94 73 62 98
8. Birchcliff (M, CA)  Oil & Gas Production
8. Birchcliff (M, CA)   Oil & Gas Production 86 83 59 96
9. Peyto (M, CA)  Oil & Gas Production
9. Peyto (M, CA)   Oil & Gas Production 86 89 53 96
10. Centerra (L, CA)  Gold Production
10. Centerra (L, CA)   Gold Production 98 39 94 96

March 21, 2024



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