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SPNSSapiens International Corporation N.V.
$43.45$2.4B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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SPNS logo

Sapiens International Corporation N.V.

SPNS
NASDAQ · Application Software
$43.45
At close - Jun 20, 4:00 PM EDT - USD
Market Cap$2.43B
P/E33.7x
52W High$43.52
Volume-
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2025Q3

Cloud Pivot Struggles Amidst Margin Compression

Sapiens is navigating a complex transition toward a cloud-first model, which has driven a recent acceleration in revenue growth to 11.2% in 2025Q3 but simultaneously pressured operating margins down to 11.7%. While the company maintains a healthy balance sheet...

GrowthMixed
ProfitabilityModerate
ValuationExpensive
TechnicalsStrong
Explore valuation models
MARKET ACTION

SPNS price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

+21% Peers

P/E is 21% above peer median

03

Market leadership

RS 74 · Avg

Average momentum (RS Rating: 74)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystEstimated earnings · Feb 13

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SPNS-100.00%
S&P 500 (^GSPC)+13.20%
1-Year Return
SPNS+1.05%
S&P 500 (^GSPC)+15.98%
3-Year Return
SPNS+56.33%
S&P 500 (^GSPC)+83.96%
5-Year Return
SPNS+57.64%
S&P 500 (^GSPC)+72.51%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
33.7x
Forward P/EExpansion
27.9x
EV/EBITDA60th %ile
22.1x
FCF YieldCash Flow
3.0%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
33.7x
25.8x
60th· Fair
EV/EBITDA
22.1x
16.6x
60th· Fair
Price/FCF
33.6x
27.9x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$24.31-44.1%
Base (Fair)$37.60-13.5%
Bull$54.07+24.4%
$24.31 Bear$37.60 Base$54.07 Bull
Current Market Price: $43.45
Trades at a 15.6% premium to Base DCF ($37.60)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$542M+5.4% YoY
Net income
$72M+15.6% YoY
Free cash flow
$72M+2.9% YoY
Operating margin
16.8%+1.5 pts YoY
ROIC (TTM)17.4%
Avg ROIC 5Y-
ROE (TTM)15.5%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate7/12 (58%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2025Latest
Nov 13, 2025
$0.36+3.8%
vs $0.35
$152M+2.8%
vs $148M
Q3 2025
Aug 13, 2025
$0.34+6.3%
vs $0.32
$142M+1.1%
vs $140M
Q2 2025
May 8, 2025
$0.37+5.7%
vs $0.35
$136M-0.1%
vs $136M
Q1 2025
Feb 18, 2025
$0.37+0.0%
vs $0.37
$134M-1.1%
vs $136M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
04

Compare before deciding

Benchmark SPNS against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Sapiens International Corporation N.V. (SPNS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SPNS logoSPNSSapiens International Corporation N.V.Current
$43.45$2.43B33.685.4%13.31%15.53%1.3%
GWRE logoGWREGuidewire Software, Inc.
$150.46$12.53B185.7522.64%9.44%10.03%—
VRNT logoVRNTVerint Systems Inc.
$20.51$1.24B19.72-0.13%6.87%4.6%—
NICE logoNICENICE Ltd.
$118.29$6.93B12.237.68%13.85%11.24%—
ACN logoACNAccenture plc
$183.72$112.43B15.127.36%10.7%24.08%—
IBM logoIBMInternational Business Machines Corporation
$231.38$217.99B20.717.62%15.52%33.43%—

Compare SPNS vs Peers

Sapiens International Corporation N.V. (SPNS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GWRE

Most directly comparable listed peer for SPNS.

Scale Benchmark

vs MSFT

Larger-name benchmark to compare SPNS against a more recognizable public peer.

Peer Set

Compare Top 5

vs GWRE, VRNT, NICE, ACN

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SPNS Frequently Asked Questions

Sapiens International Corporation N.V. (SPNS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Sapiens International Corporation N.V.'s revenue?

Sapiens International Corporation N.V. (SPNS) reported $564.3M in revenue for fiscal year 2024. This represents a 1347% increase from $39.0M in 1996.

How fast is Sapiens International Corporation N.V. growing?

Sapiens International Corporation N.V. (SPNS) grew revenue by 5.4% over the past year. This is steady growth.

Is SPNS profitable?

Yes, Sapiens International Corporation N.V. (SPNS) is profitable, generating $64.3M in net income for fiscal year 2024 (13.3% net margin).

Dividend & Returns
Does SPNS pay dividends?

Yes, Sapiens International Corporation N.V. (SPNS) pays a dividend with a yield of 1.30%. This makes it attractive for income-focused investors.

What is SPNS's return on equity?

Sapiens International Corporation N.V. (SPNS) has a return on equity (ROE) of 15.5%. This is reasonable for most industries.

What is Sapiens International Corporation N.V.'s free cash flow?

Sapiens International Corporation N.V. (SPNS) generated $72.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in SPNS back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →