One-glance verdict
Within fair range
$124.40 our estimate vs market $115.13
Wall Street consensus: $142.33 (14.4% higher than our fair-value estimate)
7% below our estimate
Fundamentals snapshot
Agilysys, Inc.
AGYS · NMS · Technology · Software - Application
Current price
$115.13
52-week range
$61.50 - $141.12
Market cap
$3.25B
Balance sheet
Healthy
87.79x Strong cushion
Net cash $120.34M. Interest coverage shows how many times profit covers the interest bill.
What stands out
3 Rewards
1 Risk
3 rewards · 1 risks
- Reward Revenue grew 7.8% last year.
- Reward Returns 13.6% on equity, ahead of 50% of its peers.
- Reward Free cash flow was positive in 9/10 years.
- Risk Insider ownership is only 3.6% (peer median: 5.6%).
What this company does
Agilysys, Inc.
Agilysys sells the behind-the-scenes software that runs hotels, casinos, and restaurants, handling tasks like guest check-in, point-of-sale (the system used to take payments), and inventory management. A growing part of their business comes from subscriptions to their cloud software, creating predictable recurring revenue (income that comes in regularly, like a magazine subscription). This business model makes customers more likely to stick with Agilysys for all their technology needs.
How the company got here
Agilysys started its life in 1932 and for decades was an electronics parts distributor known as Pioneer-Standard Electronics. A major shift happened in 2003 when it changed its name to Agilysys and began focusing on software and services. Over the next ten years, the company sold off its other businesses to focus entirely on providing technology for the hospitality industry, like hotels, resorts, and casinos. Through a series of strategic acquisitions (buying other companies), it built a complete suite of software tools to manage everything from room bookings to restaurant sales.
What it actually does
Agilysys provides the behind-the-scenes software that hotels, resorts, casinos, cruise ships, and even university dining halls use to run their daily operations. Think of it as the digital backbone for these businesses, handling everything from booking a room and checking in, to ordering a meal at the restaurant, to managing spa appointments. Their products help hospitality businesses manage guest information, process payments, and track inventory like food and supplies. The goal is to make the guest's experience smoother and the business's operations more efficient.
Property Management Systems (PMS)
This is the core operating system for a hotel or resort, the digital equivalent of the front desk. Hospitality businesses pay Agilysys, often through a recurring subscription fee, for this software to manage room reservations, guest check-in and check-out, and billing. It keeps track of which rooms are clean, who is staying where, and all guest information in one place. This segment is fundamental to the company, as it serves as the central hub for many of their other software offerings.
Point-of-Sale (POS) Solutions
This part of the business provides the software for any place a guest makes a purchase, like restaurants, gift shops, or bars within a resort. When you order a meal or buy a souvenir, the staff uses an Agilysys system, like their flagship InfoGenesis POS product, to enter the order and process your payment. Customers pay for this software to manage sales, track food and drink orders, and handle different payment types efficiently. This is a major part of their business, helping venues manage their food and beverage operations.
Inventory & Procurement Solutions
This business line offers software that helps hospitality clients manage their supply chain (the process of getting goods and services). It allows a hotel or restaurant to track all of its inventory, from food in the kitchen to linens in the laundry room, and automates the process of ordering more supplies when they run low. Customers pay for this to reduce waste, control costs, and ensure they don't run out of important items. It's a critical tool for managing the complex logistics of a large resort or food service operation.
Experience & Amenity Management
This is a growing collection of specialized software that manages all the other things a guest might do at a property, such as booking a spa treatment, a round of golf, or a dinner reservation. Following acquisitions (buying other companies) like Book4Time, Agilysys offers dedicated systems for these specific activities. Hotels and resorts pay for these modules to offer a seamless booking experience for guests and to better manage the scheduling and staffing of these amenities, representing a key way Agilysys sells more solutions to each customer.
What management is betting on now
Management's strategy is focused on selling more subscription-based cloud software, which creates a steady and predictable stream of revenue. A major priority is increasing the number of software solutions each customer buys, effectively bundling more services like property management, sales, and spa booking for a single client. The company is also heavily investing in artificial intelligence (AI), recently announcing dozens of new features to help hotels personalize guest experiences and automate their operations. This focus on technology and deeper customer relationships is aimed at continuing their streak of revenue growth and profitability.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2025 Q3
$19.73M
FY2025 Q4
$26.45M
FY2026 Q1
$-4.98M
FY2026 Q2
$15.00M
FY2026 Q3
$22.72M
FY2026 Q4
$35.41M
FY2027 Q1
$7.31M
FY2027 Q2
$14.82M
Revenue
$93.36M
Net income
$13.18M
Diluted EPS
0.46
Operating cash flow
$15.17M
Free cash flow
$14.82M
Fetching…
Sources
Revenue
$87.68M
Net income
$8.99M
Diluted EPS
0.32
Operating cash flow
$7.83M
Free cash flow
$7.31M
Fetching…
Sources
Revenue
$82.95M
Net income
$12.29M
Diluted EPS
0.44
Operating cash flow
$35.84M
Free cash flow
$35.41M
Fetching…
Sources
Revenue
$80.39M
Net income
$9.90M
Diluted EPS
0.35
Operating cash flow
$23.30M
Free cash flow
$22.72M
Fetching…
Sources
Revenue
$79.30M
Net income
$11.71M
Diluted EPS
0.41
Operating cash flow
$15.21M
Free cash flow
$15.00M
Fetching…
Sources
Revenue
$76.67M
Net income
$4.89M
Diluted EPS
0.17
Operating cash flow
$-4.35M
Free cash flow
$-4.98M
Fetching…
Sources
Revenue
$74.27M
Net income
$3.92M
Diluted EPS
0.13
Operating cash flow
$27.15M
Free cash flow
$26.45M
Fetching…
Sources
Revenue
$69.56M
Net income
$3.83M
Diluted EPS
0.14
Operating cash flow
$20.29M
Free cash flow
$19.73M
Fetching…
Sources
Is it cheap or expensive?
Fair value $124.40 vs current price $115.13
Wall Street consensus is the average analyst price target: $142.33 (14.4% higher than our fair-value estimate).
Our most-likely fair value is $124.40 a share — about 8.0% away from today's price of $115.13, so the stock currently looks fairly priced.
Is it drowning in debt?
Healthy
Net cash $120.3M - more cash than debt. Interest coverage 87.8x.
Net debt
$-120.34M
Interest coverage
87.79x
Agilysys, Inc.'s profit covers its interest bill about 87.8 times over. which is stronger than every peer shown here and 2 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
AGYS
BASELINE
Agilysys, Inc.
Total debt $17.22M Interest coverage 87.79x This is the baseline the peer rows are being compared against.
Total debt $431.54M Interest coverage -11.36x -100% vs AGYS This peer has almost no interest-payment cushion compared with AGYS.
Total debt $4.57B Interest coverage 1.77x -98% vs AGYS Carries about 49.5x less debt cushion than AGYS.
Total debt $0.00 Interest coverage 25.33x -71% vs AGYS Carries about 3.5x less debt cushion than AGYS.
Total debt $1.31B Interest coverage 0.43x -100% vs AGYS Carries about 202.6x less debt cushion than AGYS.
Total debt $169.14B Interest coverage 4.88x -94% vs AGYS Carries about 18.0x less debt cushion than AGYS.
What you should know
The case for and against AGYS
3 Rewards
1 Risk
Rewards
-
Revenue grew 7.8% last year.
-
Returns 13.6% on equity, ahead of 50% of its peers.
-
Free cash flow was positive in 9/10 years.
Risks
-
Insider ownership is only 3.6% (peer median: 5.6%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
73.80x
Forward P/E
34.95x
P/B
9.06x
P/S
9.43x
EV/EBITDA
56.20x
PEG ratio
2.61x
Profitability
How much profit each dollar creates
Gross margin
63.8%
Operating margin
16.3%
Net margin
12.9%
ROE
13.6%
ROA
6.3%
Health
Liquidity and balance-sheet strength
Debt / equity
0.05x
Current ratio
1.91x
Quick ratio
1.70x
Total debt
$17.22M
Total cash
$137.56M
Growth
How the business has been compounding
Revenue TTM
$344.38M
Revenue 5Y CAGR
18.4%
EPS TTM
1.56
EPS 5Y CAGR
40.9%
Cash flow
How much cash the business throws off
Operating CF TTM
$82.14M
Free CF TTM
$68.15M
FCF margin
19.8%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
2009-07-16