ASUR Stock Overview
Asure Software, Inc. provides cloud-based human capital management solutions the United States.
Asure Software Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$8.53|
|52 Week High||US$9.94|
|52 Week Low||US$7.03|
|1 Month Change||-10.77%|
|3 Month Change||-5.22%|
|1 Year Change||6.76%|
|3 Year Change||49.91%|
|5 Year Change||0.59%|
|Change since IPO||-89.76%|
Recent News & Updates
Asure Software's (NASDAQ:ASUR) Earnings Aren't As Good As They Appear
We didn't see Asure Software, Inc.'s ( NASDAQ:ASUR ) stock surge when it reported robust earnings recently. We decided...
|ASUR||US Software||US Market|
Return vs Industry: ASUR underperformed the US Software industry which returned 33.7% over the past year.
Return vs Market: ASUR underperformed the US Market which returned 21.3% over the past year.
|ASUR Average Weekly Movement||3.7%|
|Software Industry Average Movement||7.4%|
|Market Average Movement||5.9%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.2%|
Stable Share Price: ASUR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ASUR's weekly volatility (4%) has been stable over the past year.
About the Company
Asure Software, Inc. provides cloud-based human capital management solutions the United States. It helps various small and mid-sized businesses to develop human capital to get to the next level, stay compliant, and allocate resources toward growth. The company’s solutions include Asure Payroll & Tax, an integrated cloud-based solution automates regulations associated with payroll and taxes, including wages, benefits, overtime, garnishments, tips, direct deposits, and fair labor standard act, as well as federal, state, and local payroll taxes; Asure HR, a cloud-based functionality that handles HR complexities, such as employee self-service that enable employees to access information, pay history, and company documents; and Asure Time & Attendance that provides cost savings and ROI gains come in the form of strategic use of labor dollars and the elimination of time theft.
Asure Software Fundamentals Summary
|ASUR fundamental statistics|
Is ASUR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ASUR income statement (TTM)|
|Cost of Revenue||US$28.27m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.083|
|Net Profit Margin||2.32%|
How did ASUR perform over the long term?See historical performance and comparison
Is Asure Software undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ASUR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ASUR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ASUR is poor value based on its PE Ratio (103x) compared to the US Software industry average (43.6x).
PE vs Market: ASUR is poor value based on its PE Ratio (103x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: ASUR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ASUR is good value based on its PB Ratio (1.1x) compared to the US Software industry average (6.4x).
How is Asure Software forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASUR's earnings are forecast to decline over the next 3 years (-118.5% per year).
Earnings vs Market: ASUR's earnings are forecast to decline over the next 3 years (-118.5% per year).
High Growth Earnings: ASUR's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ASUR's revenue (12.2% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: ASUR's revenue (12.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ASUR's Return on Equity is forecast to be high in 3 years time
How has Asure Software performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASUR has a large one-off gain of $7.1M impacting its September 30 2021 financial results.
Growing Profit Margin: ASUR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ASUR has become profitable over the past 5 years, growing earnings by -31.7% per year.
Accelerating Growth: ASUR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ASUR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (20.5%).
Return on Equity
High ROE: ASUR's Return on Equity (1%) is considered low.
How is Asure Software's financial position?
Financial Position Analysis
Short Term Liabilities: ASUR's short term assets ($204.5M) exceed its short term liabilities ($187.2M).
Long Term Liabilities: ASUR's short term assets ($204.5M) exceed its long term liabilities ($43.0M).
Debt to Equity History and Analysis
Debt Level: ASUR's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: ASUR's debt to equity ratio has reduced from 838.5% to 21.4% over the past 5 years.
Debt Coverage: ASUR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ASUR's interest payments on its debt are well covered by EBIT.
What is Asure Software current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASUR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASUR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ASUR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASUR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ASUR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pat Goepel (59 yo)
Mr. Patrick F. Goepel, also known as Pat, has been a Director of Clearfield, Inc. since September 1, 2015. Mr. Goepel has been the Chief Executive Officer of Asure Software, Inc. since January 1, 2010 and...
CEO Compensation Analysis
Compensation vs Market: Pat's total compensation ($USD905.21K) is about average for companies of similar size in the US market ($USD1.10M).
Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.
Experienced Management: ASUR's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: ASUR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASUR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25.5%.
Asure Software, Inc.'s employee growth, exchange listings and data sources
- Name: Asure Software, Inc.
- Ticker: ASUR
- Exchange: NasdaqCM
- Founded: 1985
- Industry: Application Software
- Sector: Software
- Market Cap: US$170.331m
- Shares outstanding: 19.97m
- Website: https://www.asuresoftware.com
Number of Employees
- Asure Software, Inc.
- 3700 North Capital of Texas Highway
- Suite 350
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 23:02|
|End of Day Share Price||2021/11/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.