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 Transition | Explore Sapiens' strategic shift to a SaaS model, aiming for stable revenue streams despite recent challenges in deal closings and market adaptation |
Financial Landscape | Sapiens reports mixed results with strong North American performance, but faces headwinds in recent quarters, impacting future growth projections |
Market Positioning | Delve into Sapiens' competitive stance in the insurance software industry, balancing strong regional performance against global market pressures |
Analyst Outlook | Average price target around $34, reflecting cautious optimism amid Sapiens' transition challenges and conservative growth estimates 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 | 22.4x | −18.7x | 11.3x | |
PEG Ratio | 1.12 | −0.22 | 0.01 | |
Price/Book | 3.4x | 14.2x | 2.4x | |
Price / LTM Sales | 3.0x | 7.7x | 2.2x | |
Upside (Analyst Target) | 15.0% | 12.3% | 19.8% | |
Fair Value Upside | Unlock | −13.4% | 3.2% | Unlock |