Sapiens International Corporation N.V. provides software solutions for the insurance industry in North America, the United Kingdom, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides various solutions for property and casualty commercial and personal lines, life and pensions, and reinsurance fields. It offers IDITSuite, an AI powered, end-to-end insurance software; DigitalSuite, a cloud-native, future-proof digital engagement platform; IDITGo, a pre-configured, data-enriched insurance launch and accelerator platform solutions; consultancy services for property and casualty commercial lines; and Tia Enterprise solution for customer engagement. The company also provides CoreSuite, an end-to-end cloud and digital PAS for individual and group products across life, health, wealth, and pensions; CustomerConnect, a dynamic self-service and persona-based portal to engage with insureds; AgentConnect, a portal for agents and brokers to focus on sales enablement, customer retention, and increasing customer value; and ReinsuranceMaster, a reinsurance automation software that provides insurers full financial control and flexibility over their entire reinsurance process. The company was founded in 1982 and is headquartered in Holon, Israel.
SaaS Transformation | Sapiens' strategic shift to SaaS model promises long-term benefits but presents short-term challenges, impacting financial performance and market expectations |
North American Growth | Strong performance in North America drives 7% top-line growth, showcasing potential for market share expansion in a key region |
Financial Health | Sapiens maintains robust profitability metrics and a solid balance sheet, with more cash than debt, despite recent revenue shortfalls |
Market Outlook | Analyst price targets range from $26 to $36, reflecting cautious optimism amid transition challenges and muted growth projections for FY25 |
Metrics to compare | SPNS | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSPNSPeersSector | |
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P/E Ratio | 20.0x | −9.2x | 11.5x | |
PEG Ratio | 1.01 | −0.26 | 0.01 | |
Price/Book | 3.0x | 5.0x | 2.4x | |
Price / LTM Sales | 2.6x | 3.5x | 2.1x | |
Upside (Analyst Target) | 27.4% | 3.6% | 25.2% | |
Fair Value Upside | Unlock | −9.1% | 4.3% | Unlock |