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← CockpitCompetitor Analysis › ENGH.TO Enghouse Systems LimitedOpen in the cockpit ↗

Enghouse Systems LimitedENGH.TOCompetitor analysis, valuation and peers

Canada · CAD·Information Technology›Packaged Software
Momentum strong 68
Mkt cap
$695M
US dollars, full cap
Free float
78%
of shares outstanding
$/day
$4.48M
20-day average traded
Fwd P/E
13.8×
forward earnings
ROIC−WACC
+13.9 pp
WACC 5.3%
Hurdle
-14 pp
Req g minus delivered
Next earnings
34 days
10 Dec 2026
Close · CADC$18.07
1D-0.9%
1W-1.1%
1M+7.9%
3M+2.7%
6M+1.5%
YTD-11.2%
1Y-13.6%
ATR %2.6%
52w lowhigh17.1% off high

What Enghouse Systems does

Employees: 1,933

Enghouse Systems at a glance

Size Enghouse Systems (ENGH.TO) is a Canada Information Technology company (Packaged Software) with a market value of $695M, the 301st largest of 420 Canada companies the cockpit tracks. Shares closed at C$18.07 on 6 Nov 2026.

Performance Over six months the shares gained 1.5%, against -13.7% for the median peer and +5.2% for the Canada market (cap-weighted) — 7th highest of 21 in its peer set.

Growth Revenue fell 4.7% over the last twelve months (peer median +9.2%); the operating margin is 18.6% (peer median 7.5%).

Valuation It trades at 13.8× forward earnings against a peer median of 19.5× (4th cheapest of 11).

Price implies For today's price to make sense, revenue must grow about -15% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is -14 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 13.9 points above its cost of capital (5.3% WACC).

Next results Next results expected around 10 Dec 2026 (exchange calendar; dates can move).

Relative performance

9010011 May 202611 Aug 20266 Nov 2026ENGH.TO 101Peer median 88
Six months, rebased to 100: Enghouse Systems against the median of its 20 peers (local-currency closes).

Enghouse Systems financials

Reported figures in CAD; fiscal year ends 2025-10-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$476MC$499MC$503MC$454MC$428M
Revenue growth—-1%+11%+6%—
Gross profitC$266MC$280MC$278MC$255MC$251M
EBITDAC$122MC$128MC$144MC$134MC$141M
Net incomeC$70.3MC$73.7MC$81.3MC$72.2MC$94.5M
Free cash flowC$92.8MC$103MC$130MC$114MC$102M
Capital expenditureC$1.67MC$1.48MC$1.98MC$1.06MC$919,000
Total debtC$8.02MC$11.1MC$11.1MC$12.4MC$19.9M

Quarterly statements and history in the cockpit →

Enghouse Systems competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-20%0%053800UBI600571688418DDISABR002322301491300227SPTPEXIP600756SMWB36932643300996NEWGENABS688207300532ENGH.TO6-month return →1-month return →
Up and to the right = strong over both horizons. Enghouse Systems is the large dot.

Fundamentals: revenue growth against valuation

-10%0%+10%20×40×688418DDISABR002322SPTPEXIPSMWB300996NEWGENABSENGH.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Enghouse Systems is the large dot.

Capital: growth delivered against growth the price implies

-10%0%+10%+20%+30%0%20%053800002322301491SPTPEXIPSMWB3693NEWGENENGH.TOGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Enghouse Systems is the large dot.

Enghouse Systems competitors and peer comparison

How Enghouse Systems compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Enghouse Systems against its 20 peers (data as of 6 Nov 2026)
MeasureENGH.TOPeer medianRank in peer set
1-month return+7.9%-3.6%3rd highest of 21
6-month return+1.5%-13.7%7th highest of 21
Distance from 52-week high-17.1%-33.8%5th highest of 21
Revenue growth (TTM)-4.7%+9.2%6th lowest of 21
Operating margin18.6%7.5%6th highest of 21
Forward P/E13.8×19.5×4th cheapest of 11
Growth the price implies (Req g, 7 yrs)-14.5%3.8%least demanding of 10
Growth delivered (Del g)-0.2%+12.6%2nd lowest of 10
Hurdle (Req g minus delivered)-14.3 pp-4.6 pp2nd least demanding of 10
ROIC minus cost of capital+13.9 pp+3.0 pp5th highest of 20
EV / EBITDA5.8×12.1×3rd cheapest of 8
Net debt / EBITDA-2.1×-0.6×4th least indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Enghouse Systems ENGH.TOCanada$695M+1%-5%19%13.8×-14.5%-0.2%
AhnLab 053800.KSSouth Korea$696M+57%+10%13%n/a4.5%+8.5%
UBISOFT Entertainment UBI.PAFrance$692M-15%-27%-87%n/an/an/a
Sunyard Technology 600571.SSChina$690M-22%+1%-1%n/an/an/a
Genew Technologies 688418.SSChina$688M-49%-12%-22%26.8×n/an/a
DoubleDown Interactive Co., Ltd. Sponsored ADR DDIUnited States$682M+17%+14%38%5.6×n/an/a
Sabre SABRUnited States$680M-18%-3%14%23.0×n/an/a
Ningbo Ligong Environment and Energy Technology 002322.SZChina$677M+9%+9%26%11.1×-5.4%-0.8%
Hansong (Nanjing) Technology 301491.SZChina$673M-28%+26%10%n/a-1.4%+9.7%
Shenzhen Sunshine Laser & Electronics Technology 300227.SZChina$673M-33%+90%-15%n/an/an/a
Sprout Social SPTUnited States$669M+63%+11%-5%7.0×0.2%+28.0%
Pexip PEXIP.OLNorway$722M-18%+9%26%21.4×-0.3%+12.6%
Inspur Software 600756.SSChina$669M-23%-25%-25%n/an/an/a
Similarweb SMWBUnited States$724M+141%+10%-2%29.0×28.2%+24.8%
AIC 3693.TWOTaiwan$667M-22%-21%8%n/a22.9%+20.2%
CaoCao 2643.HKHong Kong$725M-59%+38%-3%n/an/an/a
Pansoft 300996.SZChina$665M-11%-4%11%46.0×n/an/a
Newgen Software Technologies NEWGEN.NSIndia$665M-12%+6%24%16.8×21.7%+18.5%
Asseco Business Solutions ABS.WAPoland$728M-6%+15%33%17.5×3.8%+11.1%
Beijing Deep Glint Technology 688207.SSChina$663M+15%-14%-195%n/an/an/a
New Trend International Logis-Tech 300532.SZChina$728M-7%+56%7%n/an/an/a

Questions

Which companies are Enghouse Systems's closest peers?
The cockpit's peer set: AhnLab (053800.KS), UBISOFT Entertainment (UBI.PA), Sunyard Technology (600571.SS), Genew Technologies (688418.SS), DoubleDown Interactive Co., Ltd. Sponsored ADR (DDI), Sabre (SABR), Ningbo Ligong Environment and Energy Technology (002322.SZ), Hansong (Nanjing) Technology (301491.SZ).
Is Enghouse Systems expensive compared with its peers?
On forward p/e it trades at 13.8× against a peer median of 19.5×, 4th cheapest of 11 in its peer set. For today's price to make sense, revenue must grow about -15% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is -14 pp: the price already allows for a slowdown.
How has Enghouse Systems stock performed?
Over six months to 6 Nov 2026 the shares returned +1.5% against -13.7% for the median peer; over one year -13.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.