Asure Software, Inc.

Asure Software, Inc.

ASURยทNASDAQ

$8.99

-6.9%
TechnologySoftware - Application

Asure Software, Inc. provides cloud-based human capital management solutions the United States. It helps various small and mid-sized businesses to build productive teams to help them stay compliant and allocate resources to grow their business. The company's solutions include Asure Payroll & Tax, an integrated cloud-based solution automates regulations associated with payroll and taxes, including wages, benefits, overtime, garnishments, tips, direct deposits, and fair labor standard act, as well as federal, state, and local payroll taxes; Asure (human resource) HR, a cloud-based functionality that handles HR complexities, such as employee self-service that enable employees to access information, pay history, and company documents; and Asure Time & Attendance that provides cost savings and return on investment gains come in the form of strategic use of labor dollars and the elimination of time theft. It also provides HR services that offers services comprising on-demand HR resource library, phone and email support for any HR issues, and compliance and policy updates; support for strategic HR decision making; and HR outsourcing solution, as well as data integration with related third-party systems, such as 401(k), benefits, and insurance provider systems. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas.

At a Glance

Live Snapshot
Market Cap$257.85M
EPS-0.4800
P/E Ratio-18.73
Earnings Date07/30/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -18.7).

Valuation inputs: P/E -18.7, earnings yield N/A, momentum -6.9%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -6.6%, ROIC -2.9%).

Profitability stack: net margin -9.3%, ROE -6.6%, ROIC -2.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +63.5%, momentum -6.9%, net margin -9.3%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

asur

Asure Software, Inc. Market vs Earnings Trajectory

ASUR ยท NASDAQ

Loading price and EPS data...

Asure Software, Inc.

Asure Software, Inc. Fair Value Envelope

ASUR ยท NASDAQ

Our analysis suggests that ASUR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $8.99, this represents a potential HIDDEN relative to our calculated worth for Asure Software, Inc..

Intrinsic Value
Current Price: $8.99
3Y-33.0%
5Y-53.0%
10Y+220.0%
3Y+47.0%
5Y+115.0%
10Y+295.0%
3Y-9.0%
5Y-20.0%
10Y+1250.0%
3Y+62.0%
5Y+894.0%
10Y-1204.0%
3Y+343.0%
5Y-247.0%
10Y-975.0%
3Y+29.0%
5Y+5.0%
10Y+532.0%
Asure Software, Inc.

Asure Software, Inc. Profit Bridge

ASUR ยท NASDAQ
Revenue140.54M
Cost of Goods Sold (45.67M)
Gross Profit94.87M
Operating Expenses (103.28M)
Operating Income-8.41M
Interest Expense (5.06M)
Other Income/Expense-4.07M
Pretax Income-12.47M
Income Tax (652.00K)
Net Income-13.13M
Net Income
-13.13M

Profitability Analysis

Gross Margin

67.5%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-6.0%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-9.3%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

67.51%
Gross Profit Margin
-2%
3Y+3.0%
5Y+16.0%
10Y-13.0%
-5.98%
Operating Profit Margin
-33%
3Y-49.0%
5Y-74.0%
10Y-273.0%
-9.34%
Net Profit Margin
-5%
3Y-38.0%
5Y-62.0%
10Y+242.0%
-6.64%
Return on Equity
11%
3Y-33.0%
5Y-41.0%
10Y+25.0%
-2.42%
Return on Assets
-10%
3Y-30.0%
5Y-24.0%
10Y+114.0%
-2.91%
Return on Invested Capital
-38%
3Y-51.0%
5Y-65.0%
10Y-195.0%
ASUR

Asure Software, Inc. Cash Conversion Engine

ASUR ยท NASDAQ
Net Income-13.13M
Depreciation & Amortization28.00M
Stock-Based Compensation7.74M
Change in Working Capital-3.95M
Others2.90M
Capital Expenditures-787.00K
Free Cash Flow21.43M

Cash Flow Quality Analysis

FCF Conversion Rate

-163.3%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

3.5%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+245.3%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$3.95M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

asur

Asure Software, Inc. Funding & Solvency Profile

ASUR ยท NASDAQ
Cash & Cash Equivalents19.22M
Net Receivables13.47M
Inventory2.65M
Other Current Assets7.25M
Total Current Assets43 M
Property, Plant & Equipment35.22M
Goodwill & Intangible Assets204.55M
Long-Term Investments0.00
Other Non-Current Assets236.33M
Total Non-Current Assets272 M
Total Assets
518.68M

Financial Health Analysis

Current Ratio

0.17x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

1.59x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

-203696000

Negative working capital indicates short-term liabilities exceed short-term assetsโ€”potential liquidity stress.

Asset Composition

8% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

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Asure Software, Inc. Street Expectations Map

ASUR ยท NASDAQ

Wall Street analysts project that ASUR stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 14.75, with estimates ranging from a low of 11.00 to a high of 20.00.

Lowest Target
11.00
22.36%
Consensus Target
14.75
64.07%
Highest Target
20.00
122.47%

The consensus 1-year price target stands at 14.75, with estimates ranging from a low of 11.00 to a high of 20.00.

Analyst Consensus Analysis

Upside Potential

+64.1%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

61.0% spread

High uncertainty. Very wide target spread indicates significant disagreement among analystsโ€”major valuation uncertainty or transformation underway.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuationโ€”proceed with caution and independent analysis.

Market Sentiment Insight

High risk, high reward: Substantial upside potential exists, but wide analyst disagreement signals execution risk or unclear catalysts. Thorough due diligence essential before committing capital.

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Asure Software, Inc. Insider Positioning

ASUR ยท NASDAQ

During the last 12 months, insiders have purchased $250K and sold $1.30M worth of ASUR shares, resulting in $1.05M of net selling activity.

3 Months

Bought

0

0.00

Sold

20.0K

181.88K

Net Activity

-182K

-$182K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

3.1K

25.02K

Net Activity

-25K

-$25K

9-12 Months

Bought

30.3K

250.34K

Sold

168.8K

1.09M

Net Activity

-844K

-$844K

Top Buyers

1
DWC

Drew William Carl

Director

25.0K sharesโ€ข1 transactions

$208K

2
GP

Goepel Patrick

Director, Officer: Chairman & Ceo

5.3K sharesโ€ข1 transactions

$43K

Top Sellers

1
GP

Goepel Patrick

Director, Officer: Chairman & Ceo

150.0K sharesโ€ข1 transactions

$965K

2
GE

Goldstein Eyal

Officer: Chief Revenue Officer

39.7K sharesโ€ข4 transactions

$318K

3
PJF

Pence John F

Officer: Chief Financial Officer

2.1K sharesโ€ข2 transactions

$19K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.05M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.19:1

Weak buy/sell ratio. Selling significantly exceeds buyingโ€”monitor for potential fundamental concerns.

Recent Trend (3 Months)

$182K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

Moderate Selling

3 insider sellers vs. 2 buyers. More insiders selling than buying suggests cautious or negative sentiment.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

No Dividend Yield Data

ASUR has not reported any dividend yield values in the available annual periods.

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asur Dividend History

ASUR
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%