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 | $7.4B | $9.6B | $11.8B | $18.4B | $20.8B | |
| Revenue Growth (YoY) | -8.19% | 29.64% | 22.83% | 56.4% | 12.8% | |
| Cost of Revenues | $3.8B | $4.4B | $5.4B | $9.1B | $10.7B | |
| Gross Profit | $3.6B | $5.2B | $6.4B | $9.3B | $10B | |
| Gross Profit Margin | 48.46% | 54.58% | 54.24% | 50.71% | 48.33% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $2.8B | $4B | $4.7B | $8.4B | $8.8B | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $3.2B | $4.4B | $5.2B | $8.5B | $8.9B | |
| Operating Income | $424.6M | $797.5M | $1.2B | $787.1M | $1.1B | |
| Net Interest Expenses | $289.7M | $277.4M | $269M | $555.7M | $699.5M | |
| EBT. Incl. Unusual Items | $405.3M | $664.2M | $950.1M | $833.5M | $656.6M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $113.6M | $201.7M | $266.9M | $214.1M | $168.7M | |
| Net Income to Company | $589.4M | $679.3M | $913.3M | $885.4M | $827.5M | |
| Minority Interest in Earnings | $34.6M | $85.2M | $182.9M | $86.5M | $202.3M | |
| Net Income to Common Excl Extra Items | $475.8M | $477.7M | $646.3M | $671.4M | $658.7M | |
| Basic EPS (Cont. Ops) | $8.09 | $7.18 | $8.48 | $10.69 | $8.38 | |
| Diluted EPS (Cont. Ops) | $8.09 | $7.18 | $8.48 | $10.69 | $8.38 | |
| Weighted Average Basic Share | $54.5M | $54.6M | $54.7M | $54.7M | $54.5M | |
| Weighted Average Diluted Share | $54.5M | $54.6M | $54.7M | $54.7M | $54.5M | |
| EBITDA | $1.1B | $1.5B | $1.9B | $1.8B | $2.3B | |
| EBIT | $424.6M | $797.5M | $1.2B | $787.1M | $1.1B | |
| Revenue (Reported) | $7.4B | $9.6B | $11.8B | $18.4B | $20.8B | |
| Operating Income (Reported) | $424.6M | $797.5M | $1.2B | $787.1M | $1.1B | |
| Operating Income (Adjusted) | $424.6M | $797.5M | $1.2B | $787.1M | $1.1B | |
| Period Ending | 2017-12-31 | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|---|
| Revenue | $2.3B | $2.4B | $2.1B | $2.3B | $5.2B | |
| Revenue Growth (YoY) | 26.89% | -12.86% | -18.38% | -0.74% | -- | |
| Cost of Revenues | $1.3B | $1.3B | $1.3B | $1.4B | $2.6B | |
| Gross Profit | $932.5M | $1.1B | $818.2M | $866.7M | $2.6B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $713.5M | $842.1M | $572.4M | $661.7M | $2B | |
| Operating Income | $219M | $225.9M | $245.8M | $205.1M | $541.3M | |
| Net Interest Expenses | -- | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | $186M | $200.8M | $183.8M | $259.9M | $468.8M | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $41.2M | $66.2M | $48.7M | $71.5M | $122.5M | |
| Net Income to Company | -$646M | -- | -- | -$282.6M | -- | |
| Minority Interest in Earnings | $2.4M | $24M | $11.1M | $11.9M | $63.4M | |
| Net Income to Common Excl Extra Items | -$11.8M | $143.8M | $163.9M | $372M | $273.8M | |
| Basic EPS (Cont. Ops) | -$0.25 | $2.23 | $2.83 | $6.60 | $3.85 | |
| Diluted EPS (Cont. Ops) | -- | -- | -- | -- | $3.85 | |
| Weighted Average Basic Share | $57.2M | $54.4M | $54.5M | $54.6M | -- | |
| Weighted Average Diluted Share | -- | $54.4M | $54.5M | $54.6M | -- | |
| EBITDA | $415.6M | $406.2M | $436.2M | $399.4M | $885.3M | |
| EBIT | $217.8M | $225.9M | $245.8M | $205.1M | $541.3M | |
| Revenue (Reported) | $2.3B | $2.4B | $2.1B | $2.3B | $5.2B | |
| Operating Income (Reported) | $219M | $225.9M | $245.8M | $205.1M | $541.3M | |
| Operating Income (Adjusted) | $217.8M | $225.9M | $245.8M | $205.1M | $541.3M | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | $8.3B | $9.2B | $13.7B | $20.3B | $21.4B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | $5B | $7.6B | $11.6B | $13B | |
| Gross Profit | -- | $4.2B | $6.1B | $8.7B | $8.4B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | $3.8B | $6.2B | $8.9B | $9B | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | $3.3B | $5.2B | $7.9B | $6.8B | |
| Operating Income | -- | $955.4M | $904.1M | $794.7M | $1.6B | |
| Net Interest Expenses | -- | $406.6M | $229.3M | $590.3M | $744.8M | |
| EBT. Incl. Unusual Items | -- | $282.3M | $1.2B | $269.2M | $1.2B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | -- | $207.7M | $311M | $47.6M | $195.3M | |
| Net Income to Company | -- | -- | $1.2B | $358.9M | $1.4B | |
| Minority Interest in Earnings | -- | $130.1M | $117.5M | $106M | $287.1M | |
| Net Income to Common Excl Extra Items | -- | $81.9M | $865.3M | $311.4M | $1.2B | |
| Basic EPS (Cont. Ops) | -- | -$0.68 | $13.67 | $3.76 | $16.63 | |
| Diluted EPS (Cont. Ops) | -- | -$0.68 | $13.67 | $3.76 | $16.63 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | -- | $1.6B | $1.7B | $2B | $3.1B | |
| EBIT | -- | $955.4M | $904.1M | $794.7M | $1.6B | |
| Revenue (Reported) | $8.3B | $9.2B | $13.7B | $20.3B | $21.4B | |
| Operating Income (Reported) | -- | $955.4M | $904.1M | $794.7M | $1.6B | |
| Operating Income (Adjusted) | -- | $955.4M | $904.1M | $794.7M | $1.6B | |
| 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 | $2.9B | $2.6B | $2.5B | $4.1B | $4.4B | |
| Short Term Investments | $229.5M | $240M | $324.9M | $654.4M | $599.4M | |
| Accounts Receivable, Net | $2.1B | $2.5B | $2.8B | $4.2B | $3.8B | |
| Inventory | $1.5B | $1.4B | $1.5B | $3.4B | $2.7B | |
| Prepaid Expenses | $155.4M | $109.8M | $142.6M | $315M | $279.9M | |
| Other Current Assets | $306M | $411M | $426.8M | $462.1M | $51M | |
| Total Current Assets | $8.4B | $8.2B | $8.7B | $14.7B | $14.7B | |
| Property Plant And Equipment | $9.7B | $9.8B | $10.7B | $13.8B | $14.1B | |
| Long-Term Investments | $2.3B | $2.4B | $2.9B | $1.7B | $2B | |
| Goodwill | $283.4M | $281.9M | $267M | $1.5B | $1.4B | |
| Other Intangibles | $490.7M | $546.9M | $623.1M | $1.8B | $1.7B | |
| Other Long-Term Assets | $650.7K | -- | -- | $1.1M | $1M | |
| Total Assets | $22.3B | $22.3B | $24.1B | $35B | $35.8B | |
| Accounts Payable | $2.6B | $2.7B | $3.2B | $5.4B | $5.3B | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $104.3M | $95.1M | $90.1M | $147M | $154M | |
| Other Current Liabilities | -$1.2K | $304.6M | $305.6M | $477.5M | $520.3M | |
| Total Current Liabilities | $9B | $7.9B | $8.4B | $13.5B | $14.7B | |
| Long-Term Debt | $6.5B | $5.5B | $6.6B | $10B | $9.9B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $17.6B | $15.9B | $17.3B | $27.3B | $29.1B | |
| Common Stock | $67.1M | $62.4M | $58.7M | $60.8M | $57M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $4.1B | $4.9B | $5.2B | $5.5B | $5B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $446.4M | $1.4B | $1.5B | $2B | $1.6B | |
| Total Equity | $4.5B | $6.3B | $6.7B | $7.6B | $6.6B | |
| Total Liabilities and Equity | $22.2B | $22.2B | $24B | $34.9B | $35.7B | |
| Cash and Short Terms | $2.9B | $2.6B | $2.5B | $4.1B | $4.4B | |
| Total Debt | $9B | $7.6B | $7.9B | $11.6B | $11.6B | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $2.4B | $2.8B | $3B | $3.5B | $5.2B | |
| Short Term Investments | $216.8M | $293.5M | $369.5M | $228.3M | $566.4M | |
| Accounts Receivable, Net | $2.7B | $3.5B | $5.3B | $5.3B | $5.3B | |
| Inventory | $1.7B | $1.5B | $3.2B | $3.2B | $3.2B | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $359.4M | $297.7M | $1.1B | $60M | $38.7M | |
| Total Current Assets | $8B | $8.9B | $13.2B | $14.5B | $17.2B | |
| Property Plant And Equipment | $9.7B | $9.7B | $12.6B | $13.9B | $14.9B | |
| Long-Term Investments | $2.5B | -- | -- | -- | -- | |
| Goodwill | $306.6M | $327M | $1.6B | $1.5B | $1.6B | |
| Other Intangibles | $509.9M | $483.6M | $780.3M | $1.7B | $1.9B | |
| Other Long-Term Assets | -$1.2K | -- | -- | -- | -- | |
| Total Assets | $22.1B | $22.9B | $31.4B | $35.1B | $40.3B | |
| Accounts Payable | $3.5B | $3.7B | $7.2B | $7.2B | $7.9B | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $97.4M | $84.6M | $129.3M | $146.9M | $154.8M | |
| Other Current Liabilities | -- | -- | $430.3M | $519.9M | $534.7M | |
| Total Current Liabilities | $8.2B | $8B | $12.3B | $13.5B | $15.4B | |
| Long-Term Debt | $7.1B | $5.4B | $8B | $9.4B | $11.9B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $17.5B | $16.5B | $23.9B | $28.1B | $33.3B | |
| Common Stock | $65.1M | $57.5M | $59.8M | $59M | $64.5M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $451.9M | $1.5B | $1.9B | $2B | $1.7B | |
| Total Equity | $4.6B | $6.4B | $7.5B | $7B | $7.1B | |
| Total Liabilities and Equity | $22B | $22.9B | $31.4B | $35.1B | $40.3B | |
| Cash and Short Terms | $2.4B | $3.1B | $3.4B | $3.7B | $5.8B | |
| Total Debt | -- | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $589.4M | $679.3M | $913.3M | $885.4M | $827.5M | |
| Depreciation & Amoritzation | $631.6M | $845.6M | $891.2M | $1.2B | $1.2B | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $1.1B | $677.3M | $1.7B | $1.8B | $2.4B | |
| Capital Expenditures | $1B | $1.1B | $2.3B | $3.1B | $3B | |
| Cash Acquisitions | $175.6M | $93.5M | $256.4M | $178.4M | -- | |
| Cash From Investing | -$582.9M | -$1.3B | -$2B | -$3.5B | -$2.7B | |
| Dividends Paid (Ex Special Dividend) | $120.4M | $252.9M | $236.5M | $267M | $287.7M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $2.6B | $4.9B | $4.2B | $4.8B | $6.2B | |
| Long-Term Debt Repaid | -$2.5B | -$5.5B | -$3.4B | -$1.5B | -$4.3B | |
| Repurchase of Common Stock | -- | $1.2M | $1.1M | -- | $49.8M | |
| Other Financing Activities | -$66.9M | $1.4B | -$129.7M | $357.3M | -$493.6M | |
| Cash From Financing | -$179.5M | $453.4M | $355.2M | $3.1B | $822.1M | |
| Beginning Cash (CF) | $2.9B | $2.6B | $2.5B | $4.1B | $4.4B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $294.7M | -$105.4M | $44.1M | $1.5B | $569M | |
| Ending Cash (CF) | $3.2B | $2.6B | $2.6B | $5.5B | $5B | |
| Levered Free Cash Flow | $70.4M | -$443.7M | -$574.9M | -$1.3B | -$532.2M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| 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 | -- | -- | -- | -- | -- | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | -- | $1.2B | $358.9M | $1.4B | |
| Depreciation & Amoritzation | -- | -- | $858M | $1.3B | $1.4B | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | $1.1B | $1.9B | $2.7B | |
| Capital Expenditures | -- | $1.3B | $3B | $2.9B | $2.5B | |
| Cash Acquisitions | -- | -- | $295.2M | $9.7M | $48.1M | |
| Cash From Investing | -- | -- | -$3.1B | -$3B | -$1.2B | |
| Dividends Paid (Ex Special Dividend) | -- | -- | $228M | $267.2M | $287.9M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | $49.7M | $75.8K | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | $2.2B | $1.6B | -$40M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | $138.8M | $543.3M | $1.3B | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -$1.9B | -$1.1B | $234.2M | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $274.9M | -- | -- | -- | -- | |
| Depreciation & Amoritzation | $425.4M | -- | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $24.5M | -- | -- | -- | -- | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | $71.6M | -- | -- | -- | -- | |
| Cash From Investing | -$1.1B | -- | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | $1.9B | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -$1.1B | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -$148.2M | -- | -- | -- | -- | |
| Cash From Financing | $611M | -- | -- | -- | -- | |
| Beginning Cash (CF) | $4.6B | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -$421.9M | -- | -- | -- | -- | |
| Ending Cash (CF) | $4.2B | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | -- | -- | |
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