Is SentinelOne Stock Undervalued?
Cybersecurity major SentinelOne (NYSE:S) has struggled over several years, delivering…
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | $217.7M | $328.6M | $324.5M | $292.4M | $282.3M | |
| Revenue Growth (YoY) | 27.44% | 50.93% | -1.25% | -9.9% | -3.45% | |
| Cost of Revenues | $164.4M | $233M | $218.1M | $209.8M | $204.9M | |
| Gross Profit | $53.3M | $95.7M | $106.4M | $82.6M | $77.4M | |
| Gross Profit Margin | 24.5% | 29.11% | 32.78% | 28.26% | 27.41% | |
| R&D Expenses | $32.6M | $41M | $42.1M | $42.6M | $32.3M | |
| Selling, General & Admin | $33.6M | $76.1M | $54.4M | $60.9M | $57.5M | |
| Other Inc / (Exp) | -$517.3K | -$188.5K | $132.8K | -$716K | $29.8K | |
| Operating Expenses | $66.2M | $117.1M | $96.5M | $103.5M | $89.8M | |
| Operating Income | -$12.8M | -$21.5M | $9.9M | -$20.8M | -$12.5M | |
| Net Interest Expenses | $260.2K | $171K | -- | $220.6K | $57.8K | |
| EBT. Incl. Unusual Items | -$11.8M | -$19.7M | $12.9M | -$18.9M | -$10.8M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $144.7K | $58.3K | $30.7K | $61.3K | $453.1K | |
| Net Income to Company | -$11.9M | -$19.7M | $12.8M | -$19M | -$11.3M | |
| Minority Interest in Earnings | -- | -- | -$1.9K | -$1.1M | -$1.6M | |
| Net Income to Common Excl Extra Items | -$11.9M | -$19.7M | $12.8M | -$19M | -$11.3M | |
| Basic EPS (Cont. Ops) | -$7.75 | -$3.98 | $2.48 | -$3.31 | -$1.88 | |
| Diluted EPS (Cont. Ops) | -$7.75 | -$3.98 | $2.47 | -$3.31 | -$1.88 | |
| Weighted Average Basic Share | $4.4M | $5M | $5.2M | $5.4M | $5.1M | |
| Weighted Average Diluted Share | $4.4M | $5M | $5.2M | $5.4M | $5.1M | |
| EBITDA | -$10.1M | -$16.6M | $14.9M | -$16.5M | -$8.5M | |
| EBIT | -$12.8M | -$21.5M | $9.9M | -$20.8M | -$12.5M | |
| Revenue (Reported) | $217.7M | $328.6M | $324.5M | $292.4M | $282.3M | |
| Operating Income (Reported) | -$12.8M | -$21.5M | $9.9M | -$20.8M | -$12.5M | |
| Operating Income (Adjusted) | -$12.8M | -$21.5M | $9.9M | -$20.8M | -$12.5M | |
| Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | $51.8M | $63.4M | $87.6M | $82.6M | $58.5M | |
| Revenue Growth (YoY) | 49.45% | 22.31% | 38.2% | -5.78% | -29.16% | |
| Cost of Revenues | $42.7M | $45.5M | $59.2M | $56.8M | $43.7M | |
| Gross Profit | $9.1M | $18M | $28.5M | $25.8M | $14.8M | |
| Gross Profit Margin | 17.64% | 28.32% | 32.47% | 31.24% | 25.24% | |
| R&D Expenses | $7.4M | $8.5M | $11.5M | $8.9M | $9.8M | |
| Selling, General & Admin | $6.2M | $10.4M | $16.1M | $13.3M | $24.1M | |
| Other Inc / (Exp) | -$47.7K | -$192.4K | $40.8K | $31.8K | $176.4K | |
| Operating Expenses | $13.6M | $18.9M | $27.6M | $22.2M | $33.9M | |
| Operating Income | -$4.5M | -$966.4K | $837.1K | $3.6M | -$19.1M | |
| Net Interest Expenses | -- | $55.2K | $24.1K | -- | $13.8K | |
| EBT. Incl. Unusual Items | -$4.1M | -$731.6K | $1.5M | $4.4M | -$18.3M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | $150.7K | $58.8K | $14.5K | -$9.1K | |
| Net Income to Company | -$4.1M | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -$1.3K | -$424.6K | |
| Net Income to Common Excl Extra Items | -$4.1M | -$882.3K | $1.4M | $4.4M | -$18.3M | |
| Basic EPS (Cont. Ops) | -$9.40 | -$0.19 | $0.27 | $0.84 | -$3.41 | |
| Diluted EPS (Cont. Ops) | -$9.40 | -$0.19 | $0.27 | $0.84 | -$3.41 | |
| Weighted Average Basic Share | $4.6M | $4.6M | $5.1M | $5.3M | $5.3M | |
| Weighted Average Diluted Share | $4.6M | $4.6M | $5.1M | $5.3M | $5.3M | |
| EBITDA | -$3.9M | -- | -- | $3.6M | -$19.1M | |
| EBIT | -$4.5M | -$966.4K | $837.1K | $3.6M | -$19.1M | |
| Revenue (Reported) | $51.8M | $63.4M | $87.6M | $82.6M | $58.5M | |
| Operating Income (Reported) | -$4.5M | -$966.4K | $837.1K | $3.6M | -$19.1M | |
| Operating Income (Adjusted) | -$4.5M | -$966.4K | $837.1K | $3.6M | -$19.1M | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | $278.7M | $325.1M | $341.7M | $186.1M | $341.6M | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $203.7M | $220.2M | $234.8M | $135.7M | $244.2M | |
| Gross Profit | $74.9M | $104.9M | $106.9M | $33.9M | $97.4M | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $34.8M | $44.7M | $41.6M | $22.3M | $32M | |
| Selling, General & Admin | $58.6M | $61.1M | $52.6M | -- | $29M | |
| Other Inc / (Exp) | -$257.2K | -$152.8K | $645.6K | $182K | -- | |
| Operating Expenses | $93.3M | $105.8M | $94.2M | $57.7M | $94.7M | |
| Operating Income | -$18.4M | -$929.6K | $12.8M | -$7.3M | $2.6M | |
| Net Interest Expenses | $236.7K | $93.6K | -- | $27K | $34.1K | |
| EBT. Incl. Unusual Items | -$16.9M | $1.2M | $16.1M | -$4.8M | $3.8M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $150.7K | $74.8K | $80.6K | $173.4K | $438K | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -$500 | -$386.9K | -$755K | -$1.2M | |
| Net Income to Common Excl Extra Items | -$17.1M | $1.1M | $16M | -$5.8M | $3.4M | |
| Basic EPS (Cont. Ops) | -$3.60 | $0.20 | $3.11 | -$3.77 | $0.89 | |
| Diluted EPS (Cont. Ops) | -$3.60 | $0.20 | $3.09 | -$0.83 | $0.89 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -$3.1M | $1.4M | $12.8M | -$5.4M | $6.6M | |
| EBIT | -$18.4M | -$929.6K | $12.8M | -$6.1M | $2.6M | |
| Revenue (Reported) | $278.7M | $325.1M | $341.7M | $186.1M | $341.6M | |
| Operating Income (Reported) | -$18.4M | -$929.6K | $12.8M | -$7.3M | $2.6M | |
| Operating Income (Adjusted) | -$18.4M | -$929.6K | $12.8M | -$6.1M | $2.6M | |
| Period Ending | 2021-12-24 | 2022-12-24 | 2023-12-24 | 2024-12-24 | ||
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | -- | -- | -- | -- | |
| Operating Income | -- | -- | -- | -- | -- | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -- | -- | -- | -- | -- | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -- | -- | -- | -- | -- | |
| Basic EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Diluted EPS (Cont. Ops) | -- | -- | -- | -- | -- | |
| Weighted Average Basic Share | -- | -- | -- | -- | -- | |
| Weighted Average Diluted Share | -- | -- | -- | -- | -- | |
| EBITDA | -- | -- | -- | -- | -- | |
| EBIT | -- | -- | -- | -- | -- | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Adjusted) | -- | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $60M | $84.3M | $99.2M | $70.2M | $62.1M | |
| Short Term Investments | $11.2M | -- | $16.1M | -- | -- | |
| Accounts Receivable, Net | $1.3M | $1M | $465.1K | $219.5K | $148.2K | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $1.4M | $1.9M | $2.3M | $1.7M | $1.6M | |
| Other Current Assets | $569.7K | $677.3K | $520.5K | $681.5K | $634.1K | |
| Total Current Assets | $64.2M | $90.6M | $104.1M | $75.2M | $67M | |
| Property Plant And Equipment | $5.9M | $9.8M | $7.4M | $4.4M | $4M | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | $448.3K | -- | -- | -- | -- | |
| Other Long-Term Assets | $333.8K | $125.4K | -- | $115.4K | $237K | |
| Total Assets | $70.9M | $100.9M | $111.7M | $79.9M | $71.4M | |
| Accounts Payable | $12M | $12.7M | $7.7M | $6.1M | $5.4M | |
| Accrued Expenses | $6.9M | $6.8M | $5.7M | $5.3M | $8.9M | |
| Current Portion Of Long-Term Debt | $6M | $10.8M | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $567.7K | $2.2M | $2.7M | $1.5M | $1.1M | |
| Other Current Liabilities | $552.1K | $744.1K | $572.5K | $548.8K | $626.8K | |
| Total Current Liabilities | $44.1M | $57.5M | $53.4M | $38.4M | $41.5M | |
| Long-Term Debt | $89.8K | $2.7M | $1.2M | $555K | $606.1K | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $45.1M | $60.9M | $55.2M | $39M | $42.1M | |
| Common Stock | $97.9K | $109.5K | $102.3K | $102.2K | $99.3K | |
| Other Common Equity Adj | -- | -$1.5M | $2.2M | $2.8M | $4.4M | |
| Common Equity | $19.4M | $30.9M | $43.9M | $32.9M | $24.7M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -$1.9K | -$1.3M | -$2.9M | |
| Total Equity | $25.9M | $40M | $56.5M | $40.9M | $29.4M | |
| Total Liabilities and Equity | $70.9M | $100.9M | $111.7M | $79.9M | $71.4M | |
| Cash and Short Terms | $60M | $84.3M | $99.2M | $70.2M | $62.1M | |
| Total Debt | $89.8K | $2.7M | $1.2M | $555K | $606.1K | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $76.6M | $87.8M | $96M | $62.6M | -- | |
| Short Term Investments | $249.5K | -- | -- | -- | -- | |
| Accounts Receivable, Net | $1.1M | $421.9K | $335.5K | $161.7K | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $5.9M | $3.7M | $3.6M | $4.7M | -- | |
| Total Current Assets | $83.6M | $91.9M | $99.8M | $68.8M | -- | |
| Property Plant And Equipment | $8.4M | $9.1M | $5.3M | $4.7M | -- | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | $218.9K | $44.2K | -- | $180.1K | -- | |
| Total Assets | $92.7M | $101.3M | $105.4M | $73.9M | -- | |
| Accounts Payable | $11.1M | $9.1M | $7.1M | $6M | -- | |
| Accrued Expenses | $12.8M | $10.6M | -- | -- | -- | |
| Current Portion Of Long-Term Debt | $5.5M | $6.9M | $996.2K | -- | -- | |
| Current Portion Of Capital Lease Obligations | $1.4M | $2.5M | $1.9M | $1.6M | -- | |
| Other Current Liabilities | -- | -- | $7M | $7.8M | -- | |
| Total Current Liabilities | $48.7M | $51.1M | $38.7M | $38.6M | -- | |
| Long-Term Debt | $1.9M | $2M | $516.2K | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $51.4M | $53.7M | $39.7M | $39.2M | -- | |
| Common Stock | $108K | $106.2K | $99.8K | $99.8K | -- | |
| Other Common Equity Adj | -- | -- | $3.1M | $2.4M | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -$400 | -$603K | -$2.1M | -- | |
| Total Equity | $41.3M | $47.6M | $65.6M | $34.7M | -- | |
| Total Liabilities and Equity | $92.7M | $101.3M | $105.4M | $73.9M | -- | |
| Cash and Short Terms | $76.6M | $87.8M | $96M | $62.6M | -- | |
| Total Debt | $8.9M | $2M | $516.2K | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$11.9M | -$19.7M | $12.8M | -$19M | -$11.3M | |
| Depreciation & Amoritzation | $2.8M | $4.8M | $5M | $4.4M | $4M | |
| Stock-Based Compensation | $7.4M | $5.8M | $4.3M | $3.8M | $2M | |
| Change in Accounts Receivable | -$779.7K | $295.1K | $478.9K | $231.1K | $66K | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $5.8M | -$6.3M | $20.2M | -$16.5M | -$3.7M | |
| Capital Expenditures | $3.3M | $3.2M | $1.8M | $1M | $1.7M | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$13.7M | $8.1M | -$18.2M | $15.2M | -$1.7M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $10.1M | $7.6M | $10.7M | $5.8M | $2.6M | |
| Long-Term Debt Repaid | -$4.5M | -$3.1M | -$10M | -$16.2M | -$1.6M | |
| Repurchase of Common Stock | -- | -- | -- | -- | $1.4M | |
| Other Financing Activities | -- | -- | -- | $325K | -- | |
| Cash From Financing | $43.2M | $33M | $708.5K | -$10.4M | -$416K | |
| Beginning Cash (CF) | $48.8M | $84.3M | $83.2M | $70.2M | $62.1M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $34.3M | $33.8M | $6.1M | -$11.4M | -$6.2M | |
| Ending Cash (CF) | $82M | $117.2M | $92.7M | $59.1M | $55.5M | |
| Levered Free Cash Flow | $2.5M | -$9.5M | $18.5M | -$17.5M | -$5.4M | |
| Period Ending | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$4.1M | -- | -- | -- | -- | |
| Depreciation & Amoritzation | $574.1K | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | $231.4K | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$5.5M | -- | -- | -- | -- | |
| Capital Expenditures | $535.9K | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$535.9K | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -- | -- | |
| Beginning Cash (CF) | $11.9M | $48.8M | $84.3M | $83.2M | $70.2M | |
| Foreign Exchange Rate Adjustment | -$68.2K | -- | -- | -- | -- | |
| Additions / Reductions | -$6.1M | -- | -- | -- | -- | |
| Ending Cash (CF) | $5.7M | -- | -- | -- | -- | |
| Levered Free Cash Flow | -$6M | -- | -- | -- | -- | |
| Period Ending | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -- | -- | |
| Capital Expenditures | $535.9K | -- | -- | -- | $1.7M | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -- | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
| Period Ending | 2021-12-24 | 2022-12-24 | 2023-12-24 | 2024-12-24 | ||
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | -- | -- | -- | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | -- | -- | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | -- | -- | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -- | -- | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
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