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Sapiens International Corporation NV

Technology US SPNS

30.46USD
0.42(1.40%)

Last update at 2024-04-22T20:00:00Z

Day Range

30.1930.67
LowHigh

52 Week Range

17.7330.80
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 65.55M 57.29M 41.20M 49.44M 19.07M
Minority interest -0.33600M -0.15100M 2.52M 1.68M 1.44M
Net income 52.59M 47.17M 33.77M 38.90M 13.79M
Selling general administrative 75.02M 76.34M 69.61M 54.27M 52.13M
Selling and marketing expenses - - - - -
Gross profit 200.16M 187.84M 155.97M 143.01M 109.57M
Reconciled depreciation 22.24M 28.67M 23.38M 19.14M 19.86M
Ebit 66.49M 57.49M 45.00M 52.21M 23.02M
Ebitda 88.73M 86.16M 68.39M 71.34M 42.88M
Depreciation and amortization 22.24M 28.67M 23.38M 19.14M 19.86M
Non operating income net other - - - - -
Operating income 66.49M 57.49M 45.00M 52.21M 23.02M
Other operating expenses 408.25M 403.55M 337.90M 273.47M 266.69M
Interest expense 1.43M 3.79M 3.81M 3.03M 3.23M
Tax provision 12.62M 9.96M 7.04M 8.61M 5.03M
Interest income - 0.89M 0.38M 0.38M 0.18M
Net interest income -0.94100M -0.20200M -3.80500M -2.64800M -3.04400M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 12.62M 9.96M 7.04M 10.30M 5.07M
Total revenue 474.74M 461.04M 382.90M 325.67M 289.71M
Total operating expenses 133.67M 130.36M 110.97M 90.81M 86.55M
Cost of revenue 274.57M 273.19M 226.93M 182.66M 180.14M
Total other income expense net -0.94100M -0.20200M -3.80500M -2.76800M -0.94700M
Discontinued operations - - - - -
Net income from continuing ops 52.93M 47.32M 34.16M 26.49M 14.00M
Net income applicable to common shares 52.59M 47.17M 33.77M 26.25M 13.79M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 666.75M 714.99M 714.16M 452.42M 378.87M
Intangible assets 67.43M 82.14M 99.31M 57.99M 65.25M
Earning assets - - - - -
Other current assets 0.11M 0.19M - 22.89M -
Total liab 263.90M 306.27M 330.47M 226.92M 176.38M
Total stockholder equity 402.85M 408.72M 383.69M 225.50M 202.48M
Deferred long term liab - - - - -
Other current liab 76.96M 76.45M 75.12M 60.57M 47.00M
Common stock 0.76M 0.76M 0.75M 0.70M 0.69M
Capital stock 0.76M 0.76M 0.75M 0.70M 0.69M
Retained earnings 85.58M 71.56M 44.64M 17.91M 2.67M
Other liab 31.74M 36.74M 37.73M 19.77M 26.70M
Good will 252.23M 261.14M 264.28M 170.70M 166.09M
Other assets 17.67M 13.24M 11.85M 10.37M 8.99M
Cash 160.28M 190.24M 152.56M 66.30M 64.63M
Cash and equivalents - - - - -
Total current liabilities 145.96M 151.69M 144.78M 104.91M 81.81M
Current deferred revenue 30.72M 39.61M 34.55M 21.02M 18.76M
Net debt -43.71900M -41.88300M 24.61M 54.16M 13.85M
Short term debt 28.86M 30.62M 29.72M 18.21M 9.90M
Short long term debt 19.80M 19.80M 19.80M 9.90M 9.90M
Short long term debt total 116.57M 148.36M 177.17M 120.45M 78.47M
Other stockholder equity 337.66M 333.59M 327.27M 209.27M 205.68M
Property plant equipment 45.71M 58.12M 71.36M 66.14M 8.52M
Total current assets 285.31M 300.35M 267.36M 147.22M 130.01M
Long term investments - - - - -
Net tangible assets 80.84M 65.44M 18.09M -4.87200M -30.30400M
Short term investments 20.00M 20.00M 30.00M 22.89M -
Net receivables 105.02M 90.10M 84.80M 58.04M 65.38M
Long term debt 59.27M 78.99M 98.68M 58.85M 68.58M
Inventory - - - - -
Accounts payable 9.41M 5.01M 5.39M 5.11M 6.15M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -21.13800M 2.82M 11.03M -2.38100M -7.82000M
Additional paid in capital - - - - -
Common stock total equity - - - 0.70M 0.69M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - -9.42300M -
Accumulated amortization - - - - -
Non currrent assets other 6.66M 7.29M 5.26M 5.26M 4.29M
Deferred long term asset charges - - - - -
Non current assets total 381.44M 414.65M 446.80M 305.20M 248.85M
Capital lease obligations 37.49M 49.58M 58.70M 51.71M -
Long term debt total - - - 58.85M 68.58M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -12.44000M 0.12M -114.60200M -41.86800M -25.58100M
Change to liabilities -13.23800M 2.50M 1.63M -5.17000M -1.08800M
Total cashflows from investing activities -12.44000M 0.12M -127.78800M -41.86800M -25.58100M
Net borrowings -19.79600M -19.79600M 50.45M -9.90200M -0.23700M
Total cash from financing activities -58.37500M -39.96000M 143.32M -20.65400M -9.42800M
Change to operating activities -0.23900M 9.70M -0.26500M 13.65M 0.38M
Net income 52.93M 47.32M 34.16M 26.49M 14.00M
Change in cash -29.95800M 37.68M 86.27M 1.67M -6.83900M
Begin period cash flow 190.24M 152.56M 66.30M 64.63M 71.47M
End period cash flow 160.28M 190.24M 152.56M 66.30M 64.63M
Total cash from operating activities 43.78M 80.54M 58.26M 66.16M 27.70M
Issuance of capital stock 0.00000M 0.00000M 108.74M - -
Depreciation 22.24M 28.67M 23.38M 19.14M 19.86M
Other cashflows from investing activities - 10.03M -7.50700M -24.00900M -24.00900M
Dividends paid -38.57900M -20.25500M -7.04400M -11.00900M 9.98M
Change to inventory - - - 13.39M 0.53M
Change to account receivables -21.86000M -13.93700M -5.16800M 10.51M -7.58800M
Sale purchase of stock - - 85.40M 0.78M 0.90M
Other cashflows from financing activities -12.44000M 0.09M -13.87100M 0.26M 0.79M
Change to netincome 4.20M 6.33M 4.76M 1.61M 2.16M
Capital expenditures 9.05M 11.85M 11.24M 17.14M 7.07M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -35.46200M -1.73500M -3.80100M 18.99M -8.10400M
Stock based compensation 3.96M 4.80M 3.99M 1.41M 1.94M
Other non cash items 10.24M 0.11M 0.13M 0.17M 0.19M
Free cash flow 34.73M 68.69M 47.01M 49.02M 20.63M

Fundamentals

  • Previous Close 30.04
  • Market Cap1645.78M
  • Volume83930
  • P/E Ratio27.86
  • Dividend Yield1.75%
  • EBITDA90.85M
  • Revenue TTM503.19M
  • Revenue Per Share TTM9.11
  • Gross Profit TTM 200.16M
  • Diluted EPS TTM1.06

Peer Comparison

Sector: Technology Industry: Software - Application

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SPNS
Sapiens International Corporation NV
0.42 1.40% 30.46 27.86 29.59 3.14 3.78 2.97 15.38
CRM
Salesforce.com Inc
3.44 1.27% 273.81 100.89 27.47 7.42 4.34 7.44 26.81
SAPGF
SAP SE
2.20 1.26% 176.43 76.28 22.88 5.61 3.84 5.59 26.18
SAP
SAP SE ADR
2.41 1.37% 178.18 75.80 22.37 5.62 3.75 5.51 25.79
INTU
Intuit Inc
4.60 0.76% 609.77 67.36 37.59 11.69 10.14 11.97 41.27

Reports Covered

Stock Research & News

Profile

Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries in North America, the European Union, the United Kingdom, Israel, and internationally. It offers Sapiens CoreSuite and Sapiens IDITSuite for personal, commercial, and specialty lines; and Sapiens CoreSuite, Sapiens UnderwritingPro, Sapiens ApplicationPro, Sapiens IllustrationPro, and Sapiens ConsolidationMaster for life, pension, and annuities. The company also provides Sapiens DigitalSuite for customers, agents, brokers, risk managers, customer groups and third-party service providers; Sapiens ReinsuranceMaster and Sapiens ReinsurancePro reinsurance solutions; and Sapiens Platform, Sapiens CoreSuite, Sapiens PolicyPro, and Sapiens ClaimsPro, as well as Sapiens PolicyGo, and Sapiens ClaimsGo for workers' compensation. In addition, it offers 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. Further, the company provides 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.

Sapiens International Corporation NV

Azrieli Center, Holon, Israel, 5885800

Key Executives

Name Title Year Born
Mr. Roni Al-Dor Pres, CEO & Director 1961
Mr. Roni Giladi Chief Financial Officer 1971
Mr. Ilan Buganim Chief Technology & Information Officer NA
Ms. Dina Vince Head of Investor Relations NA
Ms. Osnat Segev-Harel Head of Corp. Devel. 1962
Mr. Rodrigo Rueda Sales Director NA
Ms. Noa Brummer Chief HR Officer NA
Mr. Raj Ghuman Sr. VP of Bus. Devel. ? EMEA & APAC NA
Ms. Hagit Ashkenazi Exec. VP & Head of Professional Services NA
Mr. Gary J. Sherne EVP & Chief Revenue Officer of North America NA

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