Head-To-Head Review: Canna-Global Acquisition (NASDAQ:CNGL) vs. OneSpan (NASDAQ:OSPN)

Canna-Global Acquisition (NASDAQ:CNGL) and OneSpan (NASDAQ:OSPN) are both small-cap business services companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, earnings, risk, valuation, analyst recommendations, profitability and institutional ownership.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Canna-Global Acquisition and OneSpan, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Canna-Global Acquisition	0	0	0	0	N/A
OneSpan	0	2	2	0	2.50

OneSpan has a consensus target price of $15.38, indicating a potential upside of 6.25%. Given OneSpan’s higher possible upside, analysts plainly believe OneSpan is more favorable than Canna-Global Acquisition.

Institutional and Insider Ownership

19.5% of Canna-Global Acquisition shares are owned by institutional investors. Comparatively, 95.5% of OneSpan shares are owned by institutional investors. 72.1% of Canna-Global Acquisition shares are owned by insiders. Comparatively, 0.9% of OneSpan shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Risk and Volatility

Canna-Global Acquisition has a beta of -0.01, meaning that its share price is 101% less volatile than the S&P 500. Comparatively, OneSpan has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500.

Earnings and Valuation

This table compares Canna-Global Acquisition and OneSpan”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Canna-Global Acquisition	N/A	N/A	N/A	N/A	N/A
OneSpan	$247.53 million	2.21	-$29.80 million	($0.18)	-80.39

Canna-Global Acquisition has higher earnings, but lower revenue than OneSpan.

Profitability

This table compares Canna-Global Acquisition and OneSpan’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Canna-Global Acquisition	N/A	N/A	N/A
OneSpan	6.60%	18.69%	11.29%

Summary

OneSpan beats Canna-Global Acquisition on 8 of the 9 factors compared between the two stocks.

About Canna-Global Acquisition

Canna-Global Acquisition Corp. does not have significant operations. The company intends to acquire and engage in a share exchange, share reconstruction, and amalgamation with one or more businesses or entities. It intends to focus its search of target business in the cannabis industry. The company was incorporated in 2021 and is based in Marina Del Rey, California.

About OneSpan

OneSpan Inc., together with its subsidiaries, designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements worldwide. The company offers OneSpan Sign, a range of e-signature requirements for occasional agreement to processing tens of thousands of transactions; OneSpan Cloud Authentication, a cloud-based multifactor authentication solution that supports a range of authentication options, including biometrics, push notification, and visual cryptograms for transaction data security, SMS, and hardware authenticators; and OneSpan Identity Verification, which enables banks and financial institutions identity verification services. It also provides Mobile Security Suite, a software development kit that protect mobile transactions; Digipass Authenticators, consisting of a wide variety of authentication devices; authentication servers that provides a range of strong authentication utilities and solutions designed to allow organizations to securely authenticate users and transactions; and Digipass FX1 BIO, a physical passkey with fingerprint scan built for the workforce authentication market. In addition, it offers Virtual Room, a purpose-built, high-assurance solution that blends the simplicity of a consumer video collaboration app with high-assurance identity and authentication security; OneSpan Notary, an online notary solution developed for organizations with in-house notaries; and OneSpan Trust Vault, a blockchain-based decentralized digital storage solution that helps organizations meet compliance, regulatory, and chain of custody requirements for critical documents. It sells its solutions through its direct sales force, as well as through distributors, resellers, systems integrators, and original equipment manufacturers. The company was formerly known as VASCO Data Security International, Inc. and changed its name to OneSpan Inc. in May 2018. OneSpan Inc. was founded in 1991 and is headquartered in Boston, Massachusetts.