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 | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | $452.9K | $525K | $546K | $528K | |
| Gross Profit | -- | -$452.9K | -$525K | -$546K | -$528K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $4.3M | $5.7M | $9.9M | $13.6M | $12.2M | |
| Selling, General & Admin | $4.9M | $11.2M | $15M | $11.7M | $11.6M | |
| Other Inc / (Exp) | -$4.1K | $346K | $102K | $1.5M | $1.6M | |
| Operating Expenses | $9.1M | $16.4M | $24.4M | $24.7M | $23.3M | |
| Operating Income | -$9.1M | -$16.9M | -$24.9M | -$25.2M | -$23.8M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -$9.1M | -$16.5M | -$24.7M | -$23.5M | -$21.8M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$9.1M | -$16.5M | -$24.7M | -$23.5M | -$21.8M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$9.1M | -$16.5M | -$24.7M | -$23.5M | -$21.8M | |
| Basic EPS (Cont. Ops) | -$7.54 | -$1.90 | -$2.20 | -$1.91 | -$1.27 | |
| Diluted EPS (Cont. Ops) | -$7.54 | -$1.90 | -$2.20 | -$1.91 | -$1.27 | |
| Weighted Average Basic Share | $1.3M | $8.7M | $11.2M | $12.3M | $17.1M | |
| Weighted Average Diluted Share | $1.3M | $8.7M | $11.2M | $12.3M | $17.1M | |
| EBITDA | -$8.8M | -$16.4M | -$24.4M | -$24.7M | -$23.3M | |
| EBIT | -$9.1M | -$16.9M | -$24.9M | -$25.2M | -$23.8M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -$9.1M | -$16.9M | -$24.9M | -$25.2M | -$23.8M | |
| Operating Income (Adjusted) | -$9.1M | -$16.9M | -$24.9M | -$25.2M | -$23.8M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $120.1K | $133K | $138K | $129K | $120K | |
| Gross Profit | -$120.1K | -$133K | -$138K | -$129K | -$120K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $1.2M | $2.5M | $2.8M | $2.9M | $2.6M | |
| Selling, General & Admin | $1.5M | $3.7M | $2.6M | $3.3M | $2.3M | |
| Other Inc / (Exp) | $313K | -$21K | $304K | $434K | -- | |
| Operating Expenses | $2.6M | $6M | $5.2M | $6M | $4.8M | |
| Operating Income | -$2.7M | -$6.2M | -$5.3M | -$6.2M | -$4.9M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -$2.4M | -$6.1M | -$5M | -$5.6M | -$4.5M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$2.4M | -$6.1M | -$5M | -$5.6M | -$4.5M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$2.4M | -$6.1M | -$5M | -$5.6M | -$4.5M | |
| Basic EPS (Cont. Ops) | -$0.26 | -$0.54 | -$0.45 | -$0.35 | -$0.23 | |
| Diluted EPS (Cont. Ops) | -$0.26 | -$0.54 | -$0.45 | -$0.35 | -$0.23 | |
| Weighted Average Basic Share | $9.2M | $11.2M | $11.2M | $16.1M | $20.2M | |
| Weighted Average Diluted Share | $9.2M | $11.2M | $11.2M | $16.1M | $20.2M | |
| EBITDA | -$2.6M | -$6M | -$5.2M | -$6M | -$4.8M | |
| EBIT | -$2.7M | -$6.2M | -$5.3M | -$6.2M | -$4.9M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -$2.7M | -$6.2M | -$5.3M | -$6.2M | -$4.9M | |
| Operating Income (Adjusted) | -$2.7M | -$6.2M | -$5.3M | -$6.2M | -$4.9M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $427.3K | $516.6K | $542K | $540K | $494K | |
| Gross Profit | -$427.3K | -$516.6K | -$542K | -$540K | -$494K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $6.2M | $8.9M | $13.4M | $11.7M | $11.5M | |
| Selling, General & Admin | $5.8M | $18.6M | $12M | $11.7M | $12M | |
| Other Inc / (Exp) | $130.1K | -$134K | $1.2M | $1.9M | -- | |
| Operating Expenses | $11.6M | $26.9M | $24.9M | $22.9M | $23.1M | |
| Operating Income | -$12.1M | -$27.5M | -$25.4M | -$23.4M | -$23.6M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -$11.9M | -$27.5M | -$24M | -$21.2M | -$22M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$11.9M | -$27.5M | -$24M | -$21.2M | -$22M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$11.9M | -$27.5M | -$24M | -$21.2M | -$22M | |
| Basic EPS (Cont. Ops) | -$3.87 | -$2.60 | -$2.24 | -$1.39 | -$1.13 | |
| Diluted EPS (Cont. Ops) | -$3.81 | -$2.60 | -$2.24 | -$1.39 | -$1.13 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -$11.6M | -$26.9M | -$24.9M | -$22.9M | -$23.1M | |
| EBIT | -$12.1M | -$27.5M | -$25.4M | -$23.4M | -$23.6M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -$12.1M | -$27.5M | -$25.4M | -$23.4M | -$23.6M | |
| Operating Income (Adjusted) | -$12.1M | -$27.5M | -$25.4M | -$23.4M | -$23.6M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $120.1K | $395K | $412K | $406K | $372K | |
| Gross Profit | -$120.1K | -$395K | -$412K | -$406K | -$372K | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $3.9M | $7.1M | $10.6M | $8.7M | $8M | |
| Selling, General & Admin | $4M | $11.4M | $8.4M | $8.4M | $8.9M | |
| Other Inc / (Exp) | $346K | -$134K | $965K | $1.3M | $392K | |
| Operating Expenses | $7.8M | $18.1M | $18.5M | $16.7M | $16.5M | |
| Operating Income | -$7.9M | -$18.5M | -$19M | -$17.1M | -$16.9M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | -$7.5M | -$18.5M | -$17.9M | -$15.6M | -$15.7M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -- | -- | -- | |
| Net Income to Company | -$7.5M | -$18.5M | -$17.9M | -$15.6M | -$15.7M | |
| Minority Interest in Earnings | -- | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$7.5M | -$18.5M | -$17.9M | -$15.6M | -$15.7M | |
| Basic EPS (Cont. Ops) | -$1.02 | -$1.65 | -$1.59 | -$0.97 | -$0.78 | |
| Diluted EPS (Cont. Ops) | -$1.02 | -$1.65 | -$1.59 | -$0.97 | -$0.78 | |
| Weighted Average Basic Share | $23.4M | $33.7M | $33.7M | $48.2M | $60.9M | |
| Weighted Average Diluted Share | $23.4M | $33.7M | $33.7M | $48.2M | $60.9M | |
| EBITDA | -$7.6M | -$18.1M | -$18.5M | -$16.7M | -$16.5M | |
| EBIT | -$7.9M | -$18.5M | -$19M | -$17.1M | -$16.9M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -$7.9M | -$18.5M | -$19M | -$17.1M | -$16.9M | |
| Operating Income (Adjusted) | -$7.9M | -$18.5M | -$19M | -$17.1M | -$16.9M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $9.3M | $54.7M | $39M | $46.4M | $43.2M | |
| Short Term Investments | -- | -- | $34.5M | $42.8M | $41.4M | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $234.5K | -- | -- | -- | -- | |
| Other Current Assets | -- | $312K | $392K | $511K | $581K | |
| Total Current Assets | $9.6M | $55M | $39.4M | $46.9M | $43.7M | |
| Property Plant And Equipment | $938.9K | $2.6M | $2.2M | $1.7M | $1.2M | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $10.5M | $57.7M | $41.7M | $48.6M | $45M | |
| Accounts Payable | $1.4M | $560.1K | $648K | -- | $1M | |
| Accrued Expenses | $636.6K | $144K | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $314.2K | $291K | $314K | $338K | $364K | |
| Other Current Liabilities | $58.6K | $60K | $177K | $128K | $121K | |
| Total Current Liabilities | $3.2M | $1.6M | $1.5M | $1.4M | $2.1M | |
| Long-Term Debt | -- | $1.7M | $1.4M | $1.1M | $700K | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $3.4M | $3.3M | $2.9M | $2.4M | $2.8M | |
| Common Stock | $30 | $100 | -- | -- | -- | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $7.1M | $54.4M | $38.7M | $46.2M | $42.2M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $7.1M | $54.4M | $38.7M | $46.2M | $42.2M | |
| Total Liabilities and Equity | $10.5M | $57.7M | $41.7M | $48.6M | $45M | |
| Cash and Short Terms | $9.3M | $54.7M | $39M | $46.4M | $43.2M | |
| Total Debt | -- | $1.7M | $1.4M | $1.1M | $700K | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $57.9M | $40.3M | $25.7M | $48.4M | $31M | |
| Short Term Investments | -- | $37.4M | $20.8M | $30.5M | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | $310.1K | $381K | -- | -- | -- | |
| Other Current Assets | -- | -- | $520K | $672K | -- | |
| Total Current Assets | $58.2M | $40.7M | $26.2M | $49.1M | $31.5M | |
| Property Plant And Equipment | $910.8K | $2.3M | $1.8M | $1.3M | $822K | |
| Long-Term Investments | -- | $2.4M | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | -- | $66K | -- | -- | |
| Total Assets | $59.2M | $45.5M | $28.1M | $50.4M | $32.4M | |
| Accounts Payable | $394.2K | $501K | $1.2M | $894K | $626K | |
| Accrued Expenses | $82.5K | $101K | $105K | $532K | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $332.3K | $308K | $331K | $357K | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $1.1M | $1.3M | $2M | $2.2M | $2.4M | |
| Long-Term Debt | -- | $1.5M | $1.1M | $791K | $505K | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1.1M | $2.8M | $3.2M | $3M | $2.9M | |
| Common Stock | $100 | -- | -- | -- | -- | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $58.1M | $42.7M | $24.9M | $47.4M | $29.4M | |
| Total Liabilities and Equity | $59.2M | $45.5M | $28.1M | $50.4M | $32.4M | |
| Cash and Short Terms | $57.9M | $40.3M | $25.7M | $48.4M | $31M | |
| Total Debt | $332.3K | $1.5M | $1.1M | $791K | $505K | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$9.1M | -$16.5M | -$24.7M | -$23.5M | -$21.8M | |
| Depreciation & Amoritzation | $384K | $452.9K | $525K | $546K | $528K | |
| Stock-Based Compensation | $881.2K | $6M | $9M | $5.2M | $4.1M | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$7.7M | -$11.8M | -$15.6M | -$18.9M | -$16.8M | |
| Capital Expenditures | -- | $367.9K | $115K | $33K | $37K | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$180.3K | -$367.9K | -$34.6M | -$7.9M | $1.3M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $312.7K | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | $15.1M | $57.6M | -- | $25.8M | $13.6M | |
| Beginning Cash (CF) | $2.1M | $54.7M | $4.6M | $3.6M | $1.8M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $7.2M | $45.4M | -$50.2M | -$935K | -$1.9M | |
| Ending Cash (CF) | $9.3M | $100.1M | -$45.6M | $2.7M | -$112K | |
| Levered Free Cash Flow | -$7.9M | -$12.2M | -$15.7M | -$18.9M | -$16.9M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$2.4M | -$6.1M | -$5M | -$5.6M | -$4.5M | |
| Depreciation & Amoritzation | $120.1K | $133K | $138K | $129K | $120K | |
| Stock-Based Compensation | $325K | $2.3M | $1.1M | $1M | $688K | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$2.2M | -$4.5M | -$4.2M | -$4.3M | -$4.4M | |
| Capital Expenditures | $152.6K | $14K | $3K | $9K | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$152.6K | -$1.7M | $4.4M | $6.2M | $3.7M | |
| 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 | $19.2M | -- | -- | $13.6M | $241K | |
| Beginning Cash (CF) | $57.9M | $2.9M | $4.9M | $17.9M | $1.5M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $16.9M | -$6.2M | $232K | $15.5M | -$500K | |
| Ending Cash (CF) | $74.8M | -$3.3M | $5.2M | $33.5M | $1M | |
| Levered Free Cash Flow | -$2.4M | -$4.5M | -$4.2M | -$4.3M | -$4.4M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$11.9M | -$27.5M | -$24M | -$21.2M | -$22M | |
| Depreciation & Amoritzation | $427.3K | $516.6K | $542K | $540K | $494K | |
| Stock-Based Compensation | $986.4K | $12.1M | $6.3M | $4.3M | $3.8M | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$11.4M | -$14.9M | -$17.7M | -$16.7M | -$17.2M | |
| Capital Expenditures | $330.6K | $170.7K | $38K | $37K | $9K | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$330.7K | -$40.1M | $19.8M | -$9.8M | $618K | |
| 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 | $64M | -$5K | -- | $39.4M | $241K | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $52.3M | -$55M | $2.1M | $13M | -$16.4M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -$11.7M | -$15M | -$17.8M | -$16.7M | -$17.2M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$7.5M | -$18.5M | -$17.9M | -$15.6M | -$15.7M | |
| Depreciation & Amoritzation | $331.1K | $395K | $412K | $406K | $372K | |
| Stock-Based Compensation | $656K | $6.8M | $4.1M | $3.1M | $2.8M | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$8.7M | -$11.8M | -$13.9M | -$11.7M | -$12.1M | |
| Capital Expenditures | $152.6K | $106K | $29K | $33K | $5K | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -$303.6K | -$40.1M | $14.3M | $12.4M | $11.7M | |
| 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 | $57.6M | -- | -- | $13.6M | $241K | |
| Beginning Cash (CF) | $111.1M | $63.3M | $11.9M | $22.6M | $6.5M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $48.6M | -$51.8M | $391K | $14.3M | -$210K | |
| Ending Cash (CF) | $159.6M | $11.5M | $12.3M | $36.9M | $6.3M | |
| Levered Free Cash Flow | -$9.1M | -$11.9M | -$13.9M | -$11.8M | -$12.1M | |
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