Quality Investor

Agilysys, Inc.

Rank #121Op. LeverageWatchlistCompare with other stocks

AGYS · Nasdaq · Technology

Agilysys, Inc. (AGYS) — Rank #121 by gross profitability (GP/assets 0.42) · ROE 11.5% · Piotroski F-Score 8 / 9.

As-of 2026-10-30 · CIK 0000078749 · all metrics point-in-time as of the filing date.

About

Agilysys, Inc. operates as a developer and marketer of software-enabled solutions and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India.

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The company offers software solutions fully integrated with third party hardware and operating systems; cloud applications, support, and maintenance; subscription and maintenance; and professional services. Its hospitality software solutions comprise hospitality experience cloud offers solution ecosystems that combine core operational systems for property management, point-of-sale (POS), and inventory and procurement; and Hospitality Solution Studios. The company also provides food and beverage ecosystem solutions, such as the InfoGenesis POS, IG Kiosk, a self-service, customer-facing kiosk point of sale solution; and IG KDS, a digital kitchen management solution. Its food and beverage experience enhancer solutions include IG OnDemand; IG Fly; IG Quick Pay payment solution; IG Smart Menu; IG Digital Menu Board; IG PanOptic; Pay; eCash; gift card solution; and Analyze. In addition, the company offers hospitality and leisure ecosystem solutions comprising LMS, an on-premises or hosted, web, and mobile-enabled PMS solution; Versa; and Stay, a cloud-native SaaS property management system. Its hospitality and leisure and experience enhancer solutions consist of Book, Express Kiosk and Express Mobile for check-in and check-out; Spa software; Golf; Sales and Catering; Service; Authorize; DataMagine; Reserve solution; Digital Marketing solution; Retail POS solution; Central Reservations; Loyalty and Promotions; Membership; Residence Management; and Guest App. Further, the company provides inventory and procurement ecosystem solutions, including the Eatec solution and Stratton Warren System. The company was formerly known as Pioneer-Standard Electronics, Inc. and changed its name to Agilysys, Inc. in 2003. Agilysys, Inc.

was founded in 1932 and is headquartered in Alpharetta, Georgia.

Industry
Software - Application
Sector
Technology
State
DE
Filer Category
Large accelerated filer
Fiscal Year End
March 31

Company Snapshot

P/E and reverse DCF are the primary valuation lenses at this stage.

Market Cap

—

P/E (annual)

—

P/S (annual)

—

P/B

—

P/OCF (annual)

—

Shareholder Yield

—

Employees

2,413

Industry

Software - Application

Exchange

Nasdaq

12/12

Flags passed

AGYS passes 12/12 quality flags

  • PASS
    Gross margin holding
  • PASS
    Dilution within 2%
  • PASS
    FCF not negative from investment
  • PASS
    Disclosure consistent
  • PASS
    Revenue not declining
  • PASS
    Operating margin holding
  • PASS
    Free cash flow intact
  • PASS
    Passes safety gate
  • PASS
    Balance sheet stable
  • PASS
    No competitive retreat
  • PASS
    SBC not compressing margin
  • PASS
    No valuation convergence

Strengths Operating leverage expanding · Deferred revenue growing

A count of the 12 warning flags that could be evaluated. Unweighted: colour follows the worst flag.

Quality Profile

Profitability

1/1 pass
GP / assets
0.42
Return on equity
11.5%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.40
Current ratio
1.74×
Net cash
$123.71M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
6.8%

Growth

2/2 pass
Revenue growth
15.9%
Piotroski F-Score
8 / 9
Share dilution
0.5%

Operating margin expansion and free cash flow are the primary reads at this stage.

Profitability

Does it make money well?

No warning flags · GP/assets 0.42

Gross profitability (GP / assets)

0.42

Primary signal (Novy-Marx).

3rd of 8 SIC 7373 peers

Return on equity

11.5%

Gross margin

62.6%

3rd of 7 SIC 7373 peers

Revenue growth (YoY)

15.9%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2023202420252026
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Growth

Revenue CAGR (3Y)

17.3%

Revenue CAGR (5Y)

18.4%

Earnings CAGR (3Y)

38.6%

FCF CAGR (3Y)

35.8%

Cash Flow Health

Is the cash real?

No warning flags · FCF 76% above net income

Free cash flow

$68.15M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF vs net income

75.7%

(FCF − net income) ÷ |net income|. Positive: cash above earnings. Negative: below.

FCF not below net income

Fails when free cash flow is below net income (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

6.8%

Stock-based comp intensity.

Balance Sheet Strength

Can it survive a storm?

No warning flags · net cash $123.71M, F-Score 8/9

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.40

2nd of 8 SIC 7373 peers (best = lowest)

Current ratio

1.74×

3rd of 8 SIC 7373 peers

Quick ratio

1.53×

Net cash

$123.71M

Cash & equivalents minus total debt.

Piotroski F-Score

8 / 9

Fundamental-strength score (0-9).

Valuation

Is the price reasonable?

No warning flags

Capital allocation quality

Composite score

3.3 / 5

Good
Share count trend
0.5%2/5 Fair
Buyback timing
N/AN/A
Dividend growth consistency(non-payer or broken streak)
0 yr3/5 Good
Net debt trajectory(deleveraging)
14.1%5/5 Strong

Lifecycle Phase History

20212026
Decline
Op. Leverage
Hypergrowth

Price History

AGYS+97.2% · +14.5% CAGRSPY+82.9% · +12.8% CAGR