NasdaqCM:ASUR

Stock Analysis Report

Executive Summary

Asure Software, Inc. provides cloud-based human capital management and workspace management solutions worldwide.

Snowflake

Fundamentals

Excellent balance sheet and fair value.

Risks

  • Asure Software has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Asure Software's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-5.1%

NasdaqCM:ASUR

-0.5%

US Software

0.2%

US Market


1 Year Return

-56.6%

NasdaqCM:ASUR

18.6%

US Software

-0.7%

US Market

ASUR underperformed the Software industry which returned 19.3% over the past year.

ASUR underperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

ASURIndustryMarket
7 Day-5.1%-0.5%0.2%
30 Day-31.7%-3.6%-2.7%
90 Day-10.3%2.3%1.6%
1 Year-56.6%-56.6%20.3%18.6%1.6%-0.7%
3 Year19.3%19.3%114.9%106.4%40.0%30.9%
5 Year18.1%18.1%162.0%143.1%53.8%36.8%

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

Valuation

Is Asure Software undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Asure Software's share price is below the future cash flow value, and at a moderate discount (> 20%).

Asure Software's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Asure Software is loss making, we can't compare its value to the US Software industry average.

Asure Software is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Asure Software, we can't assess if its growth is good value.


Price Based on Value of Assets

Asure Software is good value based on assets compared to the US Software industry average.


Next Steps

Future Growth

How is Asure Software expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

44.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Asure Software's revenue is expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).

Asure Software is not considered high growth as it is expected to be loss making for the next 1-3 years.

Asure Software's revenue growth is positive but not above the United States of America market average.

Unable to compare Asure Software's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Asure Software's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Asure Software will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Asure Software performed over the past 5 years?

-55.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Asure Software does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Asure Software's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Asure Software's 1-year growth to the US Software industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Asure Software has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

Asure Software used its assets less efficiently than the US Software industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Asure Software improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Asure Software's financial position?


Financial Position Analysis

Asure Software is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Asure Software's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Asure Software's level of debt (124.5%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (397.7% vs 124.5% today).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.2x 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.

Asure Software has sufficient cash runway for 2.5 years based on current free cash flow.

Asure Software has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 61.2% each year.


Next Steps

Dividend

What is Asure Software's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Asure Software's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Asure Software's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Asure Software has not reported any payouts.

Unable to verify if Asure Software's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Asure Software has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Asure Software's salary, the management and board of directors tenure and is there insider trading?

2.4yrs

Average management tenure


CEO

Pat Goepel (57yo)

9.6yrs

Tenure

US$969,239

Compensation

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

Pat's remuneration is higher than average for companies of similar size in United States of America.

Pat's compensation has increased whilst company is loss making.


Management Age and Tenure

2.4yrs

Average Tenure

53yo

Average Age

The tenure for the Asure Software management team is about average.


Board Age and Tenure

8.2yrs

Average Tenure

49yo

Average Age

The tenure for the Asure Software board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Kelyn Brannon (60yo)

    CFO & Corporate Secretary

    • Tenure: 1.8yrs
    • Compensation: US$876.58k
  • Joe Karbowski (53yo)

    Chief Technology Officer

    • Tenure: 2.9yrs
    • Compensation: US$867.25k
  • Pat Goepel (57yo)

    CEO, President & Director

    • Tenure: 9.6yrs
    • Compensation: US$969.24k
  • Mike Vannoy

    Vice President of Marketing

    • Tenure: 0.9yrs
  • Eyal Goldstein (43yo)

    Chief Revenue Officer

    • Tenure: 2.7yrs
    • Compensation: US$872.04k
  • Rhonda Parouty (44yo)

    Chief Operating Officer

    • Tenure: 0.6yrs
  • Brad Burrows

    Director of Sales

    • Tenure: 2.4yrs
  • Cheryl Trbula

    Director of Human Resources

    • Tenure: 0.0yrs

Board Members

  • Dan Gill (53yo)

    Independent Director

    • Tenure: 2.2yrs
    • Compensation: US$107.70k
  • John Waterfield (46yo)

    Independent Director

    • Tenure: 8.2yrs
    • Compensation: US$112.70k
  • Pat Goepel (57yo)

    CEO, President & Director

    • Tenure: 9.6yrs
    • Compensation: US$969.24k
  • David Sandberg (47yo)

    Chairman

    • Tenure: 10.0yrs
    • Compensation: US$119.10k
  • Bradford Oberwager (49yo)

    Independent Director

    • Tenure: 0.8yrs
    • Compensation: US$90.04k

Company Information

Asure Software, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Asure Software, Inc.
  • Ticker: ASUR
  • Exchange: NasdaqCM
  • Founded: 1985
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$94.553m
  • Shares outstanding: 15.55m
  • Website: https://www.asuresoftware.com

Number of Employees


Location

  • Asure Software, Inc.
  • 3700 North Capital of Texas Highway
  • Suite 350
  • Austin
  • Texas
  • 78746
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASURNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDApr 1992

Biography

Asure Software, Inc. provides cloud-based human capital management and workspace management solutions worldwide. Its product line includes AsureSpace workspace management solutions that enable organization ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 23:37
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.