SPNS - Intrinsic Value and Financial Analysis - Sapiens International Corporation N.V.

Sapiens International Corporation N.V. SPNS

Technology - Software - Application - NASDAQ - IL

Watchlist

$ 28.0

-1.96 %

$ 1.56 B

Market Cap

22.76

P/E

BALANCE SHEET

690 M ASSETS

Growth Rates

1Year 3.43%

3Years -1.16%

5Years 12.73%

7Years 15.09%

10Years 11.97%

240 M LIABILITIES

Growth Rates

1Year -9.18%

3Years -10.15%

5Years 6.32%

7Years 20.91%

10Years 16.48%

447 M EQUITY

Growth Rates

1Year 11.03%

3Years 5.24%

5Years 17.18%

7Years 12.64%

10Years 10.13%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Sapiens International Corporation N.V.

690 M ASSETS
240 M LIABILITIES

Current Assets	315 M
Cash & Short-Term Investments	202 M
Receivables	90.3 M
Other Current Assets	22.5 M
Non-Current Assets	375 M
Long-Term Investments	3.99 M
PP&E	36.2 M
Other Non-Current Assets	335 M

Current Liabilities	149 M
Accounts Payable	6.29 M
Short-Term Debt	26.4 M
Other Current Liabilities	116 M
Non-Current Liabilities	90.6 M
Long-Term Debt	60.6 M
Other Non-Current Liabilities	29.9 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996
ASSETS
Cash & Cash Equivalents	126.7	160.3	190.2	152.6	66.3	64.6	71.5	60.9	54.4	47.4	70.3	29.1	21.9	16.2	11.2	7.9	13.1	3.1	6.7	10.9	31.8	22.0	16.1	17.0	8.7	20.2	10.3	6.9
Short Term Investments	75.4	20.0	20.0	30.0	22.9	0	0	18.2	8.8	0	0	0	0	0	0	0	0	32 K	5.3	11.2	1.0	1.7	50 K	2.9	8.1	12.8	12.8	13.7
Receivables	90.3	93.4	76.3	65.4	50.2	59.2	53.2	34.7	29.8	31.8	23.7	16.3	14.5	5.9	5.5	6.9	7.7	11.2	8.8	11.7	11.4	12.7	19.6	35.1	31.9	20.5	16.0	13.2
Inventory	0	(11.6)	(13.8)	1	(7.8)	1	(6.3)	1	(3.8)	1	0	0	0	0	0	2.0	1.3	1.3	1.0	1.8	2.5	2.2	0	2.9	0	0	0	0
Other Current Assets	22.5	11.6	13.8	19.4	30.7	6.2	6.3	0	0	0	6.5	5.1	1.9	3.0	2.6	2.6	1.7	1.5	1.2	2.3	3.3	3.6	6.0	4.3	7.1	100 K	0	100 K
Total Current Assets	314.9	285.3	300.3	267.4	147.2	130.0	131.0	120.2	98.3	82.2	100.5	50.4	39.9	24.7	18.9	17.4	22.6	15.8	22.0	36.1	47.6	39.9	43.3	59.3	55.9	53.6	40.4	33.7
PP&E	36.2	45.7	58.1	71.4	66.1	8.5	10.7	9.8	5.7	4.8	5.3	2.2	1.8	1.2	0.9	1.1	1.2	1.5	1.7	2.4	3.1	3.4	4.1	6.7	5.2	5.1	4.4	4.8
Intangible Assets	61.0	67.4	82.1	99.3	58.0	65.3	65.2	28.4	27.5	27.1	30.0	29.2	31.6	13.8	13.5	14.4	15.0	13.5	12.2	8.6	8.6	8.6	7.6	9.2	10.1	3.1	0.4	0.5
Goodwill	256.3	252.2	261.1	264.3	170.7	166.1	158.6	73.6	70.0	67.7	72.4	68.1	66.7	9.6	8.6	8.6	8.6	8.6	8.6	0	0	0	0	0	0	0	0	0
Long Term Investments	4.0	1.9	2.8	4.7	2.3	1.7	1.9	17.2	30.9	33.1	11.8	9.7	(100.1)	(25.2)	(24.0)	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	6.1	4.8	7.3	5.3	5.3	4.3	3.7	6.4	7.0	13.3	2.1	2.3	115.8	29.2	26.0	1.6	2.6	3.5	3.7	17.8	17.4	13.2	15.5	17.2	14.0	11.5	12.4	11.2
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	689.6	666.8	715.0	714.2	452.4	378.9	371.3	257.9	242.3	228.8	222.5	162.6	157.5	55.1	45.8	45.2	52.5	45.6	51.9	68.7	76.7	65.2	70.5	92.4	85.1	73.3	57.6	50.2
LIABILITIES
Accounts Payable	6.3	9.4	5.0	5.4	5.1	6.1	7.0	6.6	4.7	3.3	6.5	4.4	2.6	1.7	1.2	1.5	1.1	2.0	1.9	2.7	2.6	2.6	3.2	6.1	3.5	3.1	2.4	3.2
Short Term Debt	26.4	28.9	30.6	29.7	18.2	17.0	0	0	0	0	0	0	0	0	0	5.7	9.5	15.6	19.1	18.9	9.6	9.5	18.0	17.0	3.7	14.0	7.9	8.2
Other Current Liabilities	106.5	111.7	109.5	109.7	94.4	47.0	46.6	32.0	32.0	27.0	20.6	20.0	19.7	11.6	9.0	8.8	8.4	7.4	6.7	8.6	11.1	14.5	20.3	25.1	18.4	15.5	9.4	12.7
Total Current Liabilities	149.1	146.0	151.7	144.8	104.9	81.8	69.8	47.7	47.0	37.4	37.7	31.7	31.8	19.9	18.4	21.9	23.1	28.5	32.6	33.4	26.5	30.3	41.6	51.4	25.5	32.6	19.7	24.1
Long Term Debt	60.6	87.7	117.7	147.4	102.2	68.6	78.3	0	0	0	0	0	0	0	15 K	0.2	6.4	11.8	14.0	18.2	23.7	7.7	7.3	7.4	8.2	7.3	16.1	17.0
Deferred Tax Income	10.8	11.4	15.4	16.0	5.1	11.7	9.2	2.2	0.9	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	19.1	18.9	12.1	12.1	14.5	15.0	15.1	13.5	12.6	15.2	14.3	12.4	0	0	1.0	1.3	1.1	1.4	1.6	5.0	12.5	11.2	10.7	14.7	0	0.3	1.7	1.9
Total Liabilities	239.7	263.9	306.3	330.5	226.9	176.4	170.4	63.5	60.5	52.6	52.1	44.1	42.8	21.0	19.4	23.3	30.7	41.7	48.2	56.7	62.7	49.2	59.7	73.5	33.7	40.2	37.5	43.0
EQUITY
Common Stock	0.8	0.8	0.8	0.8	0.7	0.7	0.7	0.7	0.7	0.7	0.6	0.5	0.5	0.3	0.3	0.3	0.3	0.2	0.2	0.1	23.8	23.8	10.0	9.4	8.7	8.0	7.5	4.6
Retained Earnings	119.9	85.6	71.6	44.6	17.9	2.7	(12.9)	(13.3)	(32.6)	(52.6)	(67.1)	(78.7)	(90.5)	(96.4)	(102.5)	(106.7)	(106.4)	(103.5)	(99.7)	(90.6)	(85.5)	(83.3)	(78.1)	(60.2)	(22.0)	(34.6)	(43.9)	(47.1)
Other Accumulative Comprehensive Income/Loss	(17.3)	(21.1)	2.8	11.0	(2.4)	(7.8)	0.5	(11.2)	(11.7)	(10.3)	1.1	(4.9)	(6.3)	(0.7)	(1.6)	(1.7)	(1.7)	(3.8)	(4.9)	(3.5)	(4.1)	(4.8)	(5.6)	0.2	(2.5)	(1.4)	(1.0)	(0.7)
Total Equity	449.9	405.2	410.9	385.7	227.2	203.9	201.7	195.2	182.7	176.9	171.0	119.3	115.7	34.3	26.5	21.9	21.9	3.9	3.6	12.1	14.0	16.0	10.7	18.9	51.4	33.1	20.1	7.2
Total Liabilities and Equity	689.6	666.8	715.0	714.2	452.4	378.9	371.3	257.9	242.3	228.8	222.5	162.6	157.5	55.1	45.8	45.2	52.5	45.6	51.9	68.7	76.7	65.2	70.5	92.4	85.1	73.3	57.6	50.2
SHARES OUTSTANDING
Common Shares Outstanding	55.4	55.1	54.8	51.2	50.0	49.8	49.2	48.9	48.1	47.2	40.0	40.0	28.5	21.6	21.6	21.6	18.2	13.4	12.0	11.3	10.7	1.5	1.0	0.9	0.8	3.8	0.6	0.5	0.3	12.4	11.1

Balance Sheet

Premium Plan

Unlimited Plan