Added to YB: 2026-06-19
Pitch date: 2026-06-17
ENGH.TO [neutral]
Enghouse Systems Limited
+8.67%
current return
Author Info
Don Wharton is Executive Chair of SureSwift Capital Victoria. He writes about under-the-radar compounders. Sign up for the newsletter.
Company Info
Enghouse Systems Limited, together with its subsidiaries, develops enterprise software solutions worldwide.
Market Cap
CAD 853.6M
Pitch Price
CAD 15.81
Price Target
N/A
Dividend
7.90%
EV/EBITDA
5.38
P/E
11.94
EV/Sales
1.22
Sector
Software
Category
N/A
Enghouse Falls 10% on Disappointing Results
ENGH.TO (earnings): Q2 2026 rev -8%, expected double-digit organic decline—5th straight quarter of negative growth on delayed customer spend & higher churn. Margins held via cost discipline. Call center software disrupted by AI fears, price-sensitive customers, aggressive competitor cuts. Mgmt blames execution over AI. Analysts see weakness persisting; churn a lasting headwind.
Read full article (2 min)