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 | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $1.4M | $3.5M | $9.2M | $11.3M | $10.1M | |
| Selling, General & Admin | $5.6M | $4.3M | $6.1M | $9.1M | $6.9M | |
| Other Inc / (Exp) | $47.9K | -$4M | $98.4K | $205.1K | -$6.7M | |
| Operating Expenses | $7M | $7.8M | $15.4M | $20.4M | $17M | |
| Operating Income | -$7M | -$7.8M | -$15.4M | -$20.4M | -$17M | |
| Net Interest Expenses | $31.5K | $827.5K | $7K | $6.9K | $100 | |
| EBT. Incl. Unusual Items | -$7M | -$12.6M | -$16.1M | -$19.9M | -$23.3M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -- | -$313.6K | -$176.7K | -$80K | |
| Net Income to Company | -$7M | -$12.6M | -$15.8M | -$19.8M | -$23.3M | |
| Minority Interest in Earnings | -$322.6K | -$74.3K | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$7M | -$12.6M | -$15.8M | -$19.8M | -$23.3M | |
| Basic EPS (Cont. Ops) | -$0.62 | -$1.18 | -$1.75 | -$1.49 | -$1.05 | |
| Diluted EPS (Cont. Ops) | -$0.62 | -$1.18 | -$1.75 | -$1.49 | -$1.05 | |
| Weighted Average Basic Share | $10.6M | $10.6M | $9.3M | $13.3M | $22.2M | |
| Weighted Average Diluted Share | $10.6M | $10.6M | $9.3M | $13.3M | $22.2M | |
| EBITDA | -$7M | -$7.8M | -$15.4M | -$20.4M | -$17M | |
| EBIT | -$7M | -$7.8M | -$15.4M | -$20.4M | -$17M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -$7M | -$7.8M | -$15.4M | -$20.4M | -$17M | |
| Operating Income (Adjusted) | -$7M | -$7.8M | -$15.4M | -$20.4M | -$17M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $1.1M | $2.4M | $2.7M | $2.7M | $6.4M | |
| Selling, General & Admin | $1.2M | $1.7M | $2.4M | $1.5M | $3M | |
| Other Inc / (Exp) | -$2.5M | $128K | $18.2K | $1.3M | -- | |
| Operating Expenses | $2.2M | $5.2M | $5M | $4.2M | $9.4M | |
| Operating Income | -$2.2M | -$5.2M | -$5M | -$4.2M | -$9.4M | |
| Net Interest Expenses | $451.3K | $1.7K | -- | $100 | -- | |
| EBT. Incl. Unusual Items | -$5.2M | -$5M | -$4.9M | -$2.8M | -$8.9M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -$65.1K | -$58.4K | -$15.2K | -- | |
| Net Income to Company | -$5.2M | -$4.9M | -$4.9M | -$2.7M | -$8.9M | |
| Minority Interest in Earnings | -$7.1K | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$5.2M | -$4.9M | -$4.9M | -$2.7M | -$8.9M | |
| Basic EPS (Cont. Ops) | -$0.49 | -$0.48 | -$0.36 | -$0.11 | -$0.27 | |
| Diluted EPS (Cont. Ops) | -$0.49 | -$0.48 | -$0.36 | -$0.11 | -$0.27 | |
| Weighted Average Basic Share | $10.6M | $10.2M | $13.7M | $23.9M | $33.2M | |
| Weighted Average Diluted Share | $10.6M | $10.2M | $13.7M | $23.9M | $33.2M | |
| EBITDA | -$2.2M | -$5.2M | -$5M | -$4.2M | -$9.4M | |
| EBIT | -$2.2M | -$5.2M | -$5M | -$4.2M | -$9.4M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -$2.2M | -$5.2M | -$5M | -$4.2M | -$9.4M | |
| Operating Income (Adjusted) | -$2.2M | -$5.2M | -$5M | -$4.2M | -$9.4M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $2.1M | $8.2M | $10M | $10.8M | $15.7M | |
| Selling, General & Admin | $3.5M | $5.8M | $8.2M | $7.6M | $9.3M | |
| Other Inc / (Exp) | -$4.1M | $190.5K | $112.3K | -$8M | -- | |
| Operating Expenses | $5.6M | $15.2M | $18.2M | $18.4M | $25M | |
| Operating Income | -$5.6M | -$15.2M | -$18.2M | -$18.4M | -$25M | |
| Net Interest Expenses | $835.4K | $1.8K | $11.9K | $100 | -- | |
| EBT. Incl. Unusual Items | -$10.5M | -$14.7M | -$17.9M | -$26M | -$22.4M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -$230.2K | -$232.9K | -$79.1K | -$28.1K | |
| Net Income to Company | -- | -$14.5M | -$17.7M | -$25.9M | -$22.3M | |
| Minority Interest in Earnings | -$166.5K | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$10.5M | -$14.5M | -$17.7M | -$25.9M | -$22.3M | |
| Basic EPS (Cont. Ops) | -$0.96 | -$1.52 | -$1.46 | -$1.34 | -$0.74 | |
| Diluted EPS (Cont. Ops) | -$0.96 | -$1.52 | -$1.46 | -$1.34 | -$0.74 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -$5.6M | -$15.2M | -$18.2M | -$18.4M | -$25M | |
| EBIT | -$5.6M | -$15.2M | -$18.2M | -$18.4M | -$25M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -$5.6M | -$15.2M | -$18.2M | -$18.4M | -$25M | |
| Operating Income (Adjusted) | -$5.6M | -$15.2M | -$18.2M | -$18.4M | -$25M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Revenue | -- | -- | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | -- | -- | -- | -- | |
| Gross Profit | -- | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | $2M | $6.7M | $7.5M | $7.1M | $12.7M | |
| Selling, General & Admin | $2.8M | $4.3M | $6.4M | $4.9M | $7.3M | |
| Other Inc / (Exp) | -$4.1M | $128K | $141.9K | -$8M | $565.4K | |
| Operating Expenses | $4.8M | $12.2M | $14M | $12M | $20M | |
| Operating Income | -$4.8M | -$12.2M | -$14M | -$12M | -$20M | |
| Net Interest Expenses | $827.6K | $1.8K | $6.8K | $100 | -- | |
| EBT. Incl. Unusual Items | -$9.7M | -$11.9M | -$13.7M | -$19.7M | -$18.8M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | -$230.1K | -$149.4K | -$51.8K | -- | |
| Net Income to Company | -$9.7M | -$11.6M | -$13.5M | -$19.7M | -$18.8M | |
| Minority Interest in Earnings | -$74.3K | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | -$9.7M | -$11.6M | -$13.5M | -$19.7M | -$18.8M | |
| Basic EPS (Cont. Ops) | -$0.89 | -$1.25 | -$1.08 | -$0.97 | -$0.61 | |
| Diluted EPS (Cont. Ops) | -$0.89 | -$1.25 | -$1.08 | -$0.97 | -$0.61 | |
| Weighted Average Basic Share | $32.2M | $29M | $37.5M | $63.7M | $91.2M | |
| Weighted Average Diluted Share | $32.2M | $29M | $37.5M | $63.7M | $91.2M | |
| EBITDA | -$4.8M | -$12.2M | -$14M | -$12M | -$20M | |
| EBIT | -$4.8M | -$12.2M | -$14M | -$12M | -$20M | |
| Revenue (Reported) | -- | -- | -- | -- | -- | |
| Operating Income (Reported) | -$4.8M | -$12.2M | -$14M | -$12M | -$20M | |
| Operating Income (Adjusted) | -$4.8M | -$12.2M | -$14M | -$12M | -$20M | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $663.5K | $10.6M | $11M | $7.2M | $9.6M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $83.1K | $54.5K | $554.3K | $268.7K | $473.8K | |
| Total Current Assets | $746.5K | $10.7M | $11.8M | $7.6M | $10.2M | |
| Property Plant And Equipment | -- | -- | -- | -- | -- | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | $3.1K | $2.8K | $2.8K | $2.8K | |
| Total Assets | $746.5K | $11.3M | $12M | $7.6M | $10.2M | |
| Accounts Payable | $201K | $960.4K | $1.2M | $1.6M | $1.5M | |
| Accrued Expenses | $58.8K | $689.6K | $1M | $1.7M | $1.4M | |
| Current Portion Of Long-Term Debt | $32K | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $1.7M | $2.1M | $3.3M | $4.9M | $3.8M | |
| Long-Term Debt | $558.8K | -- | -- | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $2.4M | $2.1M | $3.5M | $7.1M | $6.5M | |
| Common Stock | $400 | $800 | $1.1K | $1.7K | $2.6K | |
| Other Common Equity Adj | -- | -- | -$16K | -$16.3K | -$30.6K | |
| Common Equity | -$3.3M | $9.2M | $8.5M | $477.5K | $3.6M | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $1.7M | -- | -- | -- | -- | |
| Total Equity | -$1.6M | $9.2M | $8.5M | $477.5K | $3.6M | |
| Total Liabilities and Equity | $746.5K | $11.3M | $12M | $7.6M | $10.2M | |
| Cash and Short Terms | $663.5K | $10.6M | $11M | $7.2M | $9.6M | |
| Total Debt | $569.4K | -- | -- | -- | -- | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $11M | $14.1M | $6.1M | $8.7M | $10.9M | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | -- | -- | -- | -- | -- | |
| Inventory | -- | -- | -- | -- | -- | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | -- | $460.9K | $414.1K | $495.7K | -- | |
| Total Current Assets | $11M | $14.8M | $6.6M | $9.2M | $11.8M | |
| Property Plant And Equipment | -- | -- | -- | -- | -- | |
| Long-Term Investments | $320K | -- | -- | -- | -- | |
| Goodwill | -- | -- | -- | -- | -- | |
| Other Intangibles | -- | -- | -- | -- | -- | |
| Other Long-Term Assets | -- | $2.8K | $2.8K | $2.8K | -- | |
| Total Assets | $11.9M | $14.8M | $7M | $9.2M | $11.8M | |
| Accounts Payable | -- | $1M | $1.2M | $1.2M | $3.2M | |
| Accrued Expenses | -- | $623K | $2.1M | $1.5M | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | -- | -- | -- | -- | -- | |
| Other Current Liabilities | -- | -- | -- | -- | -- | |
| Total Current Liabilities | $1.3M | $2.5M | $4.2M | $3.6M | $10M | |
| Long-Term Debt | $13.9K | $215.7K | -- | -- | -- | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $1.3M | $2.7M | $4.3M | $7.6M | $11.7M | |
| Common Stock | $700 | $1.1K | $1.4K | $2.4K | $3.4K | |
| Other Common Equity Adj | -- | -$51.7K | -$43.8K | -$11.7K | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | -- | -- | -- | -- | -- | |
| Total Equity | $10.6M | $12.1M | $2.7M | $1.6M | $41.7K | |
| Total Liabilities and Equity | $11.9M | $14.8M | $7M | $9.2M | $11.8M | |
| Cash and Short Terms | $11M | $14.1M | $6.1M | $8.7M | $10.9M | |
| Total Debt | $62.5K | $215.7K | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$7M | -$12.6M | -$15.8M | -$19.8M | -$23.3M | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | $3.9M | $2.7M | $2.3M | $3.1M | $1.9M | |
| Change in Accounts Receivable | -- | -- | -$269.4K | $158.4K | $56.8K | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$1.8M | -$4.1M | -$11.7M | -$13.1M | -$15.7M | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $672.5K | $7.4M | -- | -- | -- | |
| Long-Term Debt Repaid | -$3.6K | -$370 | -- | -- | -- | |
| Repurchase of Common Stock | $58.2K | -- | -- | -- | -- | |
| Other Financing Activities | $79.2K | $322K | -$2M | -$2.1M | -$795.3K | |
| Cash From Financing | $798.1K | $14M | $12M | $9.3M | $18.2M | |
| Beginning Cash (CF) | $663.5K | $10.6M | $11M | $7.2M | $9.6M | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$1M | $9.9M | $376.6K | -$3.8M | $2.5M | |
| Ending Cash (CF) | -$382.7K | $20.5M | $11.3M | $3.4M | $12M | |
| Levered Free Cash Flow | -$1.8M | -$4.1M | -$11.7M | -$13.1M | -$15.7M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$5.2M | -$4.9M | -$4.9M | -$2.7M | -$8.9M | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | $778.5K | $532.4K | $570.9K | $455.4K | $646.9K | |
| Change in Accounts Receivable | -- | -$65.1K | $265.6K | $129.2K | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$1.3M | -$4.3M | -$3.2M | -$3.5M | -$3.5M | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | $117K | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -$1.3M | $124.5K | -$63.8K | -- | |
| Cash From Financing | $5.5M | $10.3M | $125.9K | $626.8K | $4.2M | |
| Beginning Cash (CF) | $11M | $14.1M | $6.1M | $8.7M | $10.9M | |
| Foreign Exchange Rate Adjustment | -- | -$26.3K | -$10.2K | $9.3K | -$1K | |
| Additions / Reductions | $4.2M | $5.9M | -$3M | -$2.9M | $747.2K | |
| Ending Cash (CF) | $15.1M | $20M | $3.1M | $5.8M | $11.6M | |
| Levered Free Cash Flow | -$1.3M | -$4.3M | -$3.2M | -$3.5M | -$3.5M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -$14.5M | -$17.7M | -$25.9M | -$22.3M | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | $2.1M | $2.4M | $2.2M | $2.6M | $2.5M | |
| Change in Accounts Receivable | -- | -$230.2K | $135.4K | $76.3K | -$35.7K | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -$10.8M | -$11.6M | -$15.8M | -$15.7M | |
| 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 | -- | -- | -- | -$1.3M | -- | |
| Cash From Financing | -- | $13.9M | $3.6M | $18.4M | $17.9M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | $3.1M | -$8M | $2.6M | $2.2M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -$10.8M | -$11.6M | -$15.8M | -$15.7M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -$9.7M | -$11.6M | -$13.5M | -$19.7M | -$18.8M | |
| Depreciation & Amoritzation | -- | -- | -- | -- | -- | |
| Stock-Based Compensation | $2.1M | $1.8M | $1.7M | $1.2M | $1.8M | |
| Change in Accounts Receivable | -- | -$230.2K | $174.6K | $92.6K | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -$2.5M | -$9.1M | -$9.1M | -$11.8M | -$11.8M | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | -- | -- | -- | -- | |
| Cash From Investing | -- | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | $7.4M | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -$370 | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | $2K | -$1.8M | -$1.5M | -$661K | -$381.3K | |
| Cash From Financing | $12.8M | $12.7M | $4.2M | $13.3M | $13.1M | |
| Beginning Cash (CF) | $14.5M | $32.5M | $22.8M | $28.5M | $31.9M | |
| Foreign Exchange Rate Adjustment | -- | -$26.3K | -$13.2K | $5.2K | $10.5K | |
| Additions / Reductions | $10.3M | $5.9M | -$4.8M | $1.5M | $1.3M | |
| Ending Cash (CF) | $24.7M | $20M | $18M | $30.1M | $33.2M | |
| Levered Free Cash Flow | -$2.5M | -$9.1M | -$9.1M | -$11.8M | -$11.8M | |
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