OneSpan helps organizations build secure, seamless, and trusted digital experiences through two solution portfolios: Cybersecurity and Digital Agreements. Our cybersecurity solutions protect identities, secure mobile apps, and safeguard access through advanced high-assurance authentication, threat intelligence, fraud prevention, and robust mobile app protection, defending users, devices, and applications against sophisticated attacks. Our digital agreement solutions streamline agreement workflows with secure e-signatures, identity verification, and smart digital forms, built to enable speed, compliance and exceptional customer experiences. Trusted by leading global enterprises, including more than 60% of the world’s 100 largest banks, OneSpan processes over 100 million digital agreements and billions of secure authentication transactions across more than 120 countries each year.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 243M | 243M | 243M | 235M | 219M | 214M |
| Net Income | 73M | 73M | 57M | -30M | -14M | -31M |
| EPS | $1.88 | $1.88 | $1.46 | $-0.74 | $-0.36 | $-0.77 |
| Free Cash Flow | 50M | 50M | 46M | -23M | -11M | -4.9M |
| ROIC | 35.5% | 54.7% | 97.0% | -18.7% | -7.1% | -13.9% |
| Gross Margin | 73.8% | 73.8% | 71.8% | 67.1% | 67.8% | 66.6% |
| Debt/Equity | 0.00 | 0.46 | 0.59 | 0.82 | 0.65 | 0.56 |
| Dividends/Share | $0.48 | $0.48 | $0.00 | - | - | - |
| Operating Income | 48M | 48M | 45M | -29M | -27M | -26M |
| Operating Margin | 19.9% | 19.9% | 18.4% | -12.3% | -12.4% | -12.2% |
| ROE | 26.8% | 30.1% | 26.9% | -18.7% | -7.1% | -13.9% |
| Shares Outstanding | 39M | 39M | 39M | 40M | 40M | 40M |
OneSpan Inc. passes 6 of 9 quality checks, suggesting mixed fundamentals.
OneSpan Inc. trades at 5.8x trailing earnings, compared to its 15-year median P/E of 30.8x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 8.1x vs a median of 28.6x. The company's 5-year average ROIC is 22.4% with a gross margin of 69.4%. Total shareholder yield (dividends + buybacks) is 7.5%. At current prices, the estimated annualized return to fair value is +43.6%.
OneSpan Inc. (OSPN) has a current P/E ratio of 5.8, compared to its historical median P/E of 30.8. The stock is currently considered Fair based on its historical valuation range.
OneSpan Inc. (OSPN) has a 5-year average return on invested capital (ROIC) of 22.4%. This indicates strong capital allocation and a potential competitive advantage.
OneSpan Inc. (OSPN) has a market capitalization of $424M. It is classified as a small-cap stock.
Yes, OneSpan Inc. (OSPN) pays a dividend with a trailing twelve-month yield of 4.36%. The company also returns capital through share buybacks, with a buyback yield of 3.10%.
Based on historical P/E analysis, OneSpan Inc. (OSPN) appears fair. The current P/E of 5.8 is 81% below its historical median of 30.8. The estimated fair value CAGR (P/E method) is 60.3%.
OneSpan Inc. (OSPN) operates in the Services-Computer Integrated Systems Design industry, within the Technology sector.
OneSpan Inc. (OSPN) reported annual revenue of $243 million in its most recent fiscal year, based on SEC EDGAR filings.
OneSpan Inc. (OSPN) has a net profit margin of 30.0%. This is a strong margin indicating high profitability.
OneSpan Inc. (OSPN) generated $50 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
OneSpan Inc. (OSPN) has a debt-to-equity ratio of 0.46. This indicates a conservatively financed balance sheet.
OneSpan Inc. (OSPN) reported earnings per share (EPS) of $1.88 in its most recent fiscal year.
OneSpan Inc. (OSPN) has a return on equity (ROE) of 30.1%. This indicates the company generates strong returns for shareholders.
OneSpan Inc. (OSPN) has a 5-year average gross margin of 69.4%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 16 years of financial data for OneSpan Inc. (OSPN), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
OneSpan Inc. (OSPN) has a book value per share of $7.01, based on its most recent annual SEC filing.