Asure Software, Inc. provides cloud-based human capital management and workspace management solutions worldwide.
Adequate balance sheet and fair value.
Share Price & News
How has Asure Software's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASUR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ASUR exceeded the US Software industry which returned 27.3% over the past year.
Return vs Market: ASUR exceeded the US Market which returned 10.2% over the past year.
Price Volatility Vs. Market
How volatile is Asure Software's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Asure Software, Inc.'s (NASDAQ:ASUR) CEO Paid At A Competitive Rate?
3 weeks ago | Simply Wall StHow Does Investing In Asure Software, Inc. (NASDAQ:ASUR) Impact The Volatility Of Your Portfolio?
1 month ago | Simply Wall StDid You Miss Asure Software's (NASDAQ:ASUR) 53% Share Price Gain?
Is Asure Software undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASUR ($8.59) is trading below our estimate of fair value ($20.3)
Significantly Below Fair Value: ASUR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASUR is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: ASUR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASUR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASUR is good value based on its PB Ratio (1.4x) compared to the US Software industry average (5.5x).
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 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: ASUR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: ASUR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: ASUR's revenue is expected to decline over the next 3 years (-12.7% per year).
High Growth Revenue: ASUR's revenue is forecast to decline over the next 3 years (-12.7% 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 is currently unprofitable.
Growing Profit Margin: ASUR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ASUR is unprofitable, and losses have increased over the past 5 years at a rate of -52.8% per year.
Accelerating Growth: Unable to compare ASUR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ASUR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (19%).
Return on Equity
High ROE: ASUR has a negative Return on Equity (-10.13%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Asure Software's financial position?
Financial Position Analysis
Short Term Liabilities: ASUR's short term assets ($124.5M) exceed its short term liabilities ($120.9M).
Long Term Liabilities: ASUR's short term assets ($124.5M) exceed its long term liabilities ($120.9M).
Debt to Equity History and Analysis
Debt Level: ASUR's debt to equity ratio (128.9%) is considered high.
Reducing Debt: ASUR's debt to equity ratio has reduced from 391.4% to 128.9% over the past 5 years.
Inventory Level: ASUR has a low level of unsold assets or inventory.
Debt Coverage by Assets: ASUR's debt is covered by short term assets (assets are 1x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ASUR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ASUR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Asure Software's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ASUR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ASUR's dividend yield against the top 25% of dividend payers, as the company has not reported any 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 (57yo)
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 ($USD969.24K) is above average for companies of similar size in the US market ($USD529.87K).
Compensation vs Earnings: Pat's compensation has increased whilst the company is unprofitable.
|CEO, President & Director||10.1yrs||US$969.24k||4.73% $6.4m|
|CFO & Corporate Secretary||2.3yrs||US$876.58k||0.027% $35.8k|
|Chief Revenue Officer||3.2yrs||US$872.04k||0.019% $25.7k|
|Chief Operating Officer||1.1yrs||no data||no data|
|Director of Sales||2.9yrs||no data||no data|
|Vice President of Marketing||1.4yrs||no data||no data|
|Director of Human Resources||0yrs||no data||no data|
|Director of Marketing||0yrs||no data||no data|
Experienced Management: ASUR's management team is considered experienced (2.6 years average tenure).
|CEO, President & Director||10.1yrs||US$969.24k||4.73% $6.4m|
|Independent Director||2.7yrs||US$107.70k||0.013% $17.2k|
|Independent Director||8.7yrs||US$112.70k||0.21% $281.6k|
|Director||0.5yrs||no data||0.077% $103.1k|
|Independent Chairman||10.5yrs||US$119.10k||0.14% $192.5k|
|Independent Director||1.3yrs||US$90.04k||0.051% $68.7k|
Experienced Board: ASUR's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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 15.8%.
Asure Software, Inc.'s company bio, 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$134.499m
- Shares outstanding: 15.66m
- Website: https://www.asuresoftware.com
Number of Employees
- Asure Software, Inc.
- 3700 North Capital of Texas Highway
- Suite 350
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ASUR||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Apr 1992|
Asure Software, Inc. provides cloud-based human capital management and workspace management solutions worldwide. Its product line includes AsureSpace workspace management solutions that enable organizations to optimize their real estate investment, and create a digital workspace that empowers mobile and virtual employees; and AsureForce time and labor management solutions to help organizations optimize their workforce, as well as control labor administration costs and activities. The company also offers AsureHCM, an integrated cloud-based solution that provides human resource (HR) management and payroll to benefits, talent acquisition, and performance management services; Evolution HCM, an integrated payroll, HR, and tax management suite; and AsureConsulting, which offers a suite of services to assist organizations through the entire employee lifecycle. In addition, it provides SmartView occupancy sensors and analytics platform that offers insights, which allow companies to make strategic decisions about real estate investments and workplace design; and SmartMove, a move management software that help companies design floorplans and track permanent seat assignments, as well as manage assets, such as telephones, laptops, desks, chairs, and other items assigned to an employee. Further, the company provides AsureSpace Resource Scheduler, a solution for the digital workplace that features conference room and desk reservations, service management, interactive floorplans, visitor management, calendar and Web conference integrations, and reporting; and NowSpace, a mobile app for Apple and Android devices that enables mobile workers to find and reserve desks and conference rooms from their smart phones. It serves clients ranging from Fortune 500 to small and mid-sized businesses directly, as well as through reseller and referral partners. Asure Software, Inc. was founded in 1985 and is headquartered in Austin, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 23:38|
|End of Day Share Price||2020/02/26 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.