ENGH Stock Analysis: Enghouse Systems | TO

Software - Application | TO, Canada | Market Cap: 986m CAD | 12M Return: -6.6% | CA2929491041 | Charts, Fundamentals & Technical Analysis

Contact Centers, Video Collaboration, Network Operations, Transit Management
Total Rating 49
Safety 80
Buy Signal -0.43
Application Software
Sub-Industry Rotation: -6.8
Market Cap: 692M
Avg Turnover: 5.73M
Risk 3d forecast
Volatility28.1%
VaR 5th Pctl4.56%
VaR vs Median-1.26%
Reward TTM
Sharpe Ratio-0.21
Rel. Str. IBD55.1
Rel. Str. Peer Group37.4 pctl
Character TTM
Beta0.528
Beta Downside0.843
Hurst Exponent0.493
Choppyness47.2%
Drawdowns 3y
Max DD56.09%
CAGR/Max DD-0.26
CAGR/Mean DD-0.47
EPS (Earnings per Share) EPS (Earnings per Share) of ENGH over the last years for every Quarter: "2021-10": 0.54, "2022-01": 0.39, "2022-04": 0.32, "2022-07": 0.33, "2022-10": 0.67, "2023-01": 0.31, "2023-04": 0.26, "2023-07": 0.32, "2023-10": 0.45, "2024-01": 0.33, "2024-04": 0.36, "2024-07": 0.39, "2024-10": 0.41, "2025-01": 0.4, "2025-04": 0.26, "2025-07": 0.35, "2025-10": 0.39, "2026-01": 0.33, "2026-04": 0.31, "2026-07": 0.35,
EPS CAGR: -1.19%
EPS Trend: -20.7%
Last SUE: 0.21
Qual. Beats: 0
Revenue Revenue of ENGH over the last years for every Quarter: 2021-10: 113.099, 2022-01: 111.102, 2022-04: 106.312, 2022-07: 102.111, 2022-10: 108.06, 2023-01: 106.435, 2023-04: 113.461, 2023-07: 110.997, 2023-10: 123.129, 2024-01: 120.489, 2024-04: 125.813, 2024-07: 130.501, 2024-10: 125.702, 2025-01: 124, 2025-04: 124.819, 2025-07: 125.577, 2025-10: 124.482, 2026-01: 120.098, 2026-04: 114.277, 2026-07: 117.576,
Rev. CAGR: 1.44%
Rev. Trend: 37.5%
Last SUE: -0.30
Qual. Beats: 0

Warnings

Fakeout

Tailwinds

No distinct edge detected

Seasonality 11.8 years of data, until 10/2026

Jan +0.3% 0
Feb -2.0% 4
Mar -1.4% 4
Apr -1.7% 4
May -0.3% 0
Jun -8.0% 14
Jul +1.0% 4
Aug +2.3% 4
Sep -2.4% 28
Oct +1.8% 14
Nov +1.4% 21
Dec +2.6% 9

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.

Description: ENGH Enghouse Systems

Enghouse Systems develops enterprise application software through its Interactive Management Group and Asset Management Group. Its Interactive Management products support contact centers, customer communications, video collaboration, and related analytics across channels such as voice, email, chat, and video.

Its Asset Management products serve sectors including telecommunications, media, transportation, utilities, public safety, and government, with solutions for network operations, streaming, fleet management, transit fares, and emergency communications. Enghouse was incorporated in 1984 and is headquartered in Markham, Canada.

Headlines to Watch Out For
  • Cloud contact-center competition pressures legacy licensing and organic growth
  • Recurring support revenue and cost control underpin resilient margins
  • Cash-funded acquisitions and dividends shape growth and shareholder returns
Piotroski VR-10 (Strict) 5.5
Net Income: 70.3m TTM > 0 and > 6% of Revenue
FCF/TA: 0.11 > 0.02 and ΔFCF/TA -2.27 > 1.0
NWC/Revenue: 32.37% < 20% (prev 31.23%; Δ 1.14% < -1%)
CFO/TA 0.11 > 3% & CFO 94.5m > Net Income 70.3m
Net Debt (-259.8m) to EBITDA (125.2m): -2.08 < 3
Current Ratio: 1.77 > 1.5 & < 3
Outstanding Shares: last quarter (54.2m) vs 12m ago -1.62% < -2%
Gross Margin: 49.74% > 18% (prev 63.84%; Δ -14.10% > 0.5%)
Asset Turnover: 56.98% > 50% (prev 58.91%; Δ -1.93% > 0%)
Interest Coverage Ratio: 156.0 > 6 (EBIT TTM 91.9m / Interest Expense TTM 589k)
Altman Z'' 6.46
A: 0.19 (Total Current Assets 355.3m - Total Current Liabilities 201.1m) / Total Assets 823.4m
B: 0.52 (Retained Earnings 429.6m / Total Assets 823.4m)
C: 0.11 (EBIT TTM 91.9m / Avg Total Assets 836.2m)
D: 2.65 (Book Value of Equity 598.1m / Total Liabilities 225.3m)
Altman-Z'' = 6.46 = AAA
Beneish M -2.87
DSRI: 0.91 (Receivables 74.3m/85.7m, Revenue 476.4m/500.1m)
GMI: 1.28 (GM 63.84% / 49.74%)
AQI: 1.02 (AQ_t 0.55 / AQ_t-1 0.54)
SGI: 0.95 (Revenue 476.4m / 500.1m)
TATA: -0.03 (NI 70.3m - CFO 94.5m) / TA 823.4m)
Beneish M = -2.87 (Cap -4..+1) = A
What is the price of ENGH shares?

As of November 12, 2026, the stock is trading at CAD 18.28 with a total of 201,309 shares traded. Over the past week, the price has changed by +0.11%, over one month by +7.15%, over three months by +6.83% and over the past year by -6.60%.

Current recommended Stop Loss: 17.20 (which is 5.9% or 2.2 ATR below the current price).

Is ENGH a buy, sell or hold?

Enghouse Systems has no consensus analysts rating.

Enghouse Systems (ENGH) - Fundamental Data Overview as of 11 November 2026
Market Cap USD = 691.8m (985.8m CAD * 0.7017 CAD.USD)
P/E Trailing = 14.1783
P/E Forward = 13.2626
P/S = 2.0692
P/B = 1.6249
Revenue TTM = 476.4m CAD
EBIT TTM = 91.9m CAD
EBITDA TTM = 125.2m CAD
Long Term Debt = 5.94m CAD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 4.01m CAD (from shortTermDebt, last quarter)
Debt = 8.02m CAD (from shortLongTermDebtTotal, last quarter) (leases 8.02m already included)
Net Debt = -259.8m CAD (calculated: Debt 8.02m - CCE 267.8m)
Enterprise Value = 726.1m CAD (985.8m + Debt 8.02m - CCE 267.8m)
Interest Coverage Ratio = 156.0 (Ebit TTM 91.9m / Interest Expense TTM 589k)
EV/FCF = 7.83x (Enterprise Value 726.1m / FCF TTM 92.8m)
FCF Yield = 12.78% (FCF TTM 92.8m / Enterprise Value 726.1m)
FCF Margin = 19.47% (FCF TTM 92.8m / Revenue TTM 476.4m)
Net Margin = 14.75% (Net Income TTM 70.3m / Revenue TTM 476.4m)
Gross Margin = 49.74% ((Revenue TTM 476.4m - Cost of Revenue TTM 239.4m) / Revenue TTM)
Gross Margin QoQ = 56.98% (prev 54.34%)
Tobins Q-Ratio = 0.88 (Enterprise Value 726.1m / Total Assets 823.4m)
Interest Expense / Debt = 7.34% (Interest Expense 589k / Debt 8.02m)
Taxrate = 21.47% (19.2m / 89.5m)
NOPAT = 72.2m (EBIT 91.9m * (1 - 21.47%))
Current Ratio = 1.77 (Total Current Assets 355.3m / Total Current Liabilities 201.1m)
Debt / Equity = 0.01 (Debt 8.02m / totalStockholderEquity, last quarter 598.1m)
Debt / EBITDA = -2.08 (Net Debt -259.8m / EBITDA 125.2m)
Debt / FCF = -2.80 (Net Debt -259.8m / FCF TTM 92.8m)
Total Stockholder Equity = 601.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.41% (Net Income 70.3m / Total Assets 823.4m)
RoE = 11.70% (Net Income TTM 70.3m / Total Stockholder Equity 601.0m)
RoCE = 15.14% (EBIT 91.9m / Capital Employed (Equity 601.0m + L.T.Debt 5.94m))
RoIC = 11.98% (NOPAT 72.2m / Invested Capital 602.5m)
WACC = 7.41% (E(985.8m)/V(993.9m) * Re(7.42%) + D(8.02m)/V(993.9m) * Rd(7.34%) * (1-Tc(0.21)))
Discount Rate = 7.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -85.72 | Cagr: -0.94%
[DCF] Terminal Value 73.10% ; FCFF base≈101.6m ; Y1≈89.1m ; Y5≈72.0m
[DCF] Fair Price = 26.26 (EV 1.16b - Net Debt -259.8m = Equity 1.42b / Shares 53.9m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -20.75 | EPS CAGR: -1.19% | SUE: 0.21 | # QB: 0
Revenue Correlation: 37.46 | Revenue CAGR: 1.44% | SUE: -0.30 | # QB: 0
EPS current Quarter (2027-01-31): EPS=0.33 | Chg30d=+3.58% | Revisions=+25% | Analysts=1
EPS current Year (2026-10-31): EPS=1.34 | Chg30d=+0.00% | Revisions=-25% | GrowthEPS=-5.2% | GrowthRev=-5.7%
EPS next Year (2027-10-31): EPS=1.36 | Chg30d=+0.00% | Revisions=+25% | GrowthEPS=+1.7% | GrowthRev=-0.5%
[Analyst] Revisions Ratio: +17% (up=2, down=1)