Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, Europe, the Asia Pacific, and South Africa.
Excellent balance sheet with proven track record.
Share Price & News
How has Sapiens International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPNS's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SPNS exceeded the US Software industry which returned 12.1% over the past year.
Return vs Market: SPNS exceeded the US Market which returned -8.1% over the past year.
Price Volatility Vs. Market
How volatile is Sapiens International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StA Look At The Intrinsic Value Of Sapiens International Corporation N.V. (NASDAQ:SPNS)
3 weeks ago | Simply Wall StWhat Is Sapiens International's (NASDAQ:SPNS) P/E Ratio After Its Share Price Tanked?
4 weeks ago | Simply Wall StWhat Does Sapiens International Corporation N.V.'s (NASDAQ:SPNS) Share Price Indicate?
Is Sapiens International 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: SPNS ($20.26) is trading below our estimate of fair value ($20.91)
Significantly Below Fair Value: SPNS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SPNS is good value based on its PE Ratio (38.6x) compared to the Software industry average (43x).
PE vs Market: SPNS is poor value based on its PE Ratio (38.6x) compared to the US market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: SPNS is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: SPNS is overvalued based on its PB Ratio (4.5x) compared to the US Software industry average (4.5x).
How is Sapiens International forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPNS's forecast earnings growth (17.5% per year) is above the savings rate (1.7%).
Earnings vs Market: SPNS's earnings (17.5% per year) are forecast to grow faster than the US market (13.3% per year).
High Growth Earnings: SPNS's earnings are forecast to grow, but not significantly.
Revenue vs Market: SPNS's revenue (11% per year) is forecast to grow faster than the US market (6.9% per year).
High Growth Revenue: SPNS's revenue (11% 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 SPNS's Return on Equity is forecast to be high in 3 years time
How has Sapiens International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPNS has high quality earnings.
Growing Profit Margin: SPNS's current net profit margins (8.1%) are higher than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: SPNS's earnings have declined by -0.4% per year over the past 5 years.
Accelerating Growth: SPNS's earnings growth over the past year (90.4%) exceeds its 5-year average (-0.4% per year).
Earnings vs Industry: SPNS earnings growth over the past year (90.4%) exceeded the Software industry 18.4%.
Return on Equity
High ROE: SPNS's Return on Equity (11.7%) is considered low.
How is Sapiens International's financial position?
Financial Position Analysis
Short Term Liabilities: SPNS's short term assets ($147.2M) exceed its short term liabilities ($104.9M).
Long Term Liabilities: SPNS's short term assets ($147.2M) exceed its long term liabilities ($122.0M).
Debt to Equity History and Analysis
Debt Level: SPNS's debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SPNS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SPNS's debt is well covered by operating cash flow (96.2%).
Interest Coverage: SPNS's interest payments on its debt are well covered by EBIT (13.7x coverage).
What is Sapiens International's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPNS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SPNS'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 SPNS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPNS'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 SPNS'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
Roni Al-Dor (58yo)
Mr. Roni Al-Dor, also known as Ron, has been the Chief Executive Officer and President of Sapiens International Corporation N.V. since November 2005. Mr. Al-Dor serves as President, Chief Executive Officer ...
|President||14.42yrs||no data||1.85% $18.8m|
|CFO & VP||12.75yrs||no data||no data|
|Corporate CTO & Digital Division Manager||2.08yrs||no data||no data|
|Chief Marketing Officer & Head of Corporate Communications||6.25yrs||no data||no data|
|Head of Corporate Development||11.25yrs||no data||no data|
|Executive VP & Head of Professional Services||no data||no data||no data|
|Managing Director of DECISION||2.42yrs||no data||no data|
|Chief Business Finance Officer||2.08yrs||no data||no data|
|President of Sapiens Israel & East Europe||2.25yrs||no data||no data|
|President of P&C/General Insurance and Reinsurance Division||4.17yrs||no data||no data|
Experienced Management: SPNS's management team is considered experienced (4.2 years average tenure).
|President||14.42yrs||no data||1.85% $18.8m|
|Independent Director||16.58yrs||no data||no data|
|Chairman of Sapiens Decision||3.75yrs||no data||no data|
|Chairman of the Board||10.42yrs||no data||no data|
|Independent Director||15.08yrs||no data||no data|
|Independent Director||15.08yrs||no data||no data|
|Independent Director||11.67yrs||no data||no data|
Experienced Board: SPNS's board of directors are seasoned and experienced ( 14.4 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sapiens International Corporation N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Sapiens International Corporation N.V.
- Ticker: SPNS
- Exchange: NasdaqCM
- Founded: 1982
- Industry: Application Software
- Sector: Software
- Market Cap: US$1.018b
- Shares outstanding: 50.23m
- Website: https://www.sapiens.com
Number of Employees
- Sapiens International Corporation N.V.
- Azrieli Center
- 26 Harokmim Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SPNS||NasdaqCM (Nasdaq Capital Market)||Yes||Common Shares||US||USD||May 1992|
|SPNS||TASE (The Tel-Aviv Stock Exchange)||Yes||Common Shares||IL||ILS||May 1992|
|S3P||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||May 1992|
Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, Europe, the Asia Pacific, and South Africa. The company offers software platform and solutions for personal, commercial, and specialty lines, as well as reinsurance and workers’ compensation, including Sapiens CoreSuite and Sapiens IDITSuite; and life, pension, and annuities, such as Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster. It also provides Sapiens DigitalSuite for customers, agents, brokers, customer groups, and third-party service providers; Sapiens DigitalHub, an API layer and digital studio; Sapiens AgentConnect and Sapiens CustomerConnect portals for the life, pension and annuities, property and casualty, and other insurance markets; and Sapiens PartnerHub, a cloud-based suite, as well as Sapiens Intelligence or Sapiens IntelligencePro advanced analytics solutions. In addition, the company offers Sapiens ReinsuranceMaster, Sapiens ReinsurancePro, and Sapiens Reinsurance GO reinsurance solutions; and Sapiens Platform, Sapiens CoreSuite, Sapiens PolicyPro, and Sapiens ClaimsPro, as well as Sapiens PolicyGo, Sapiens ClaimsGo, and Sapiens Connect for workers’ compensation. Further, it provides financial and compliance solutions, which comprise Sapiens FinancialPro, Sapiens Financial GO, Sapiens StatementPro, Sapiens CheckPro, and Sapiens Reporting Tools; and Sapiens Decision, an enterprise-scale platform that enables institutions to centrally author, store, and manage various organizational business logics. Additionally, the company offers tailor-made solutions based on its Sapiens eMerge platform; and program delivery, business, and managed services. It markets and sells its products and services through direct and partner sales. The company was founded in 1982 and is headquartered in Holon, Israel.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/09 00:55|
|End of Day Share Price||2020/04/08 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.