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 | $7B | $7.9B | $8.1B | $8.9B | $9.8B | |
| Revenue Growth (YoY) | -0.07% | 12.13% | 2.89% | 9.7% | 10.45% | |
| Cost of Revenues | $5.4B | $5.8B | $6B | $6.7B | $7.6B | |
| Gross Profit | $1.6B | $2B | $2.1B | $2.2B | $2.2B | |
| Gross Profit Margin | 23.5% | 25.98% | 26.52% | 24.28% | 22.68% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $1.3B | $1.5B | $1.6B | $1.8B | $1.7B | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $1B | $1.3B | $1.4B | $1.4B | $1.4B | |
| Operating Income | $608.4M | $751.4M | $788.6M | $727.2M | $789.3M | |
| Net Interest Expenses | $213.7M | $159.9M | $172.6M | $182.8M | $248.5M | |
| EBT. Incl. Unusual Items | $419.2M | $885.6M | $547.6M | $637.5M | $618.1M | |
| Earnings of Discontinued Ops. | -- | -- | -- | $239.2M | $124M | |
| Income Tax Expense | $98.3M | $153.9M | $76.4M | $166.6M | $165.7M | |
| Net Income to Company | $490M | $954.4M | $578.7M | $683.4M | $632.4M | |
| Minority Interest in Earnings | $92.8M | $114.8M | $171M | $119.2M | $125.7M | |
| Net Income to Common Excl Extra Items | $391.7M | $800.5M | $502.3M | $516.8M | $466.7M | |
| Basic EPS (Cont. Ops) | $0.75 | $1.66 | $0.77 | $1.42 | $1.04 | |
| Diluted EPS (Cont. Ops) | $0.75 | $1.66 | $0.77 | $1.42 | $1.04 | |
| Weighted Average Basic Share | $400M | $414.2M | $429.5M | $448M | $445.5M | |
| Weighted Average Diluted Share | $400M | $414.2M | $429.5M | $448M | $445.5M | |
| EBITDA | $1.2B | $1.3B | $1.3B | $1.3B | $1.5B | |
| EBIT | $608.4M | $751.4M | $788.6M | $727.2M | $789.3M | |
| Revenue (Reported) | $7B | $7.9B | $8.1B | $8.9B | $9.8B | |
| Operating Income (Reported) | $608.4M | $751.4M | $788.6M | $727.2M | $789.3M | |
| Operating Income (Adjusted) | $608.4M | $751.4M | $788.6M | $727.2M | $789.3M | |
| Period Ending | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | |
|---|---|---|---|---|---|---|
| Revenue | $1.6B | $1.8B | $1.9B | -- | -- | |
| Revenue Growth (YoY) | 0.37% | 11.5% | -- | -- | -- | |
| Cost of Revenues | -- | $1.5B | -- | -- | -- | |
| Gross Profit | -- | $306.7M | -- | -- | -- | |
| Gross Profit Margin | 14.71% | 16.78% | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -$100.6M | $116M | -$312.2M | -- | -- | |
| Operating Income | $100.6M | $190.6M | $312.2M | -- | -- | |
| Net Interest Expenses | $54.1M | $6.9M | -- | -- | -- | |
| EBT. Incl. Unusual Items | $50.1M | $234.4M | -- | -- | -- | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $12.6M | $39.6M | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | $14.9M | -$27.2M | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $45.8M | $167.5M | $95.5M | -- | $113.6M | |
| Basic EPS (Cont. Ops) | $0.08 | $0.41 | $0.22 | -- | $0.26 | |
| Diluted EPS (Cont. Ops) | $0.08 | $0.41 | -- | -- | $0.26 | |
| Weighted Average Basic Share | $391M | $407.6M | -- | -- | $436.1M | |
| Weighted Average Diluted Share | $391M | $407.6M | -- | -- | $436.1M | |
| EBITDA | $240.7M | $389.6M | -- | -- | -- | |
| EBIT | $100.6M | $258.1M | $312.2M | -- | -- | |
| Revenue (Reported) | $1.6B | $1.8B | $1.9B | -- | -- | |
| Operating Income (Reported) | $100.6M | $190.6M | $312.2M | -- | -- | |
| Operating Income (Adjusted) | $100.6M | $258.1M | $312.2M | -- | -- | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | $7.8B | $7.5B | $8.1B | $9.3B | $10.2B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | -- | $5.5B | $6B | $7.1B | $7.9B | |
| Gross Profit | $4.9B | $2B | $2.1B | $2.1B | $2.3B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | $1.4B | $1.5B | $1.8B | $1.7B | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | -- | $1.3B | $1.3B | $1.3B | $1.4B | |
| Operating Income | $813.7M | $674.9M | $739.5M | $773.7M | $873.5M | |
| Net Interest Expenses | $71.9M | $261.3M | $174.7M | $247M | $301.2M | |
| EBT. Incl. Unusual Items | $758.7M | $514.5M | $712.6M | $644.6M | $478.7M | |
| Earnings of Discontinued Ops. | -- | -- | $88.7M | $238M | $36.5M | |
| Income Tax Expense | -- | $142.6M | $171.1M | $154.7M | $130.8M | |
| Net Income to Company | -- | -- | -- | $706M | $442.5M | |
| Minority Interest in Earnings | -$114.1M | $89.3M | $137.7M | $127.6M | $96.9M | |
| Net Income to Common Excl Extra Items | $500M | $409.2M | $573.1M | $550.9M | $311.2M | |
| Basic EPS (Cont. Ops) | $1.22 | $0.78 | $1.19 | $1.49 | $0.54 | |
| Diluted EPS (Cont. Ops) | $1.22 | $0.78 | $1.19 | $1.49 | $0.54 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $1.2B | $1.2B | $1.3B | $1.4B | $1.6B | |
| EBIT | $901.2M | $674.9M | $739.5M | $773.7M | $873.5M | |
| Revenue (Reported) | $7.8B | $7.5B | $8.1B | $9.3B | $10.2B | |
| Operating Income (Reported) | $813.7M | $674.9M | $739.5M | $773.7M | $873.5M | |
| Operating Income (Adjusted) | $901.2M | $674.9M | $739.5M | $773.7M | $873.5M | |
| Period Ending | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | |
|---|---|---|---|---|---|---|
| Revenue | $1.8B | $1.9B | -- | -- | -- | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $1.5B | -- | -- | -- | -- | |
| Gross Profit | $306.7M | -- | -- | -- | -- | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | -- | -- | -- | -- | -- | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $116M | -$312.2M | -- | -- | -- | |
| Operating Income | $190.6M | $312.2M | -- | -- | -- | |
| Net Interest Expenses | $6.9M | -- | -- | -- | -- | |
| EBT. Incl. Unusual Items | $234.4M | -- | -- | -- | -- | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $39.6M | -- | -- | -- | -- | |
| Net Income to Company | -- | -- | -- | -- | -- | |
| Minority Interest in Earnings | -$27.2M | -- | -- | -- | -- | |
| Net Income to Common Excl Extra Items | $167.5M | $95.5M | -- | $113.6M | -- | |
| Basic EPS (Cont. Ops) | $0.41 | $0.22 | -- | $0.26 | -- | |
| Diluted EPS (Cont. Ops) | $0.41 | -- | -- | $0.26 | -- | |
| Weighted Average Basic Share | $407.6M | -- | -- | $436.1M | -- | |
| Weighted Average Diluted Share | $407.6M | -- | -- | $436.1M | -- | |
| EBITDA | $389.6M | -- | -- | -- | -- | |
| EBIT | $258.1M | $312.2M | -- | -- | -- | |
| Revenue (Reported) | $1.8B | $1.9B | -- | -- | -- | |
| Operating Income (Reported) | $190.6M | $312.2M | -- | -- | -- | |
| Operating Income (Adjusted) | $258.1M | $312.2M | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $1.5B | $1.7B | $1.7B | $1.8B | $1.9B | |
| Short Term Investments | $211.3M | $137.1M | $229.8M | $282.2M | $262.7M | |
| Accounts Receivable, Net | $2.1B | $2.1B | $2.2B | $2.8B | $2.8B | |
| Inventory | $936.8M | $1.3B | $1.2B | $1.4B | $438.8M | |
| Prepaid Expenses | $160.8M | $152.5M | $91.5M | $154.5M | $127.5M | |
| Other Current Assets | $69M | $71.6M | $63M | $78.4M | $73M | |
| Total Current Assets | $7B | $5.9B | $5.8B | $6.7B | $5.9B | |
| Property Plant And Equipment | $3.4B | $3.3B | $3.7B | $4.2B | $3.9B | |
| Long-Term Investments | $1.5B | $3.6B | $3.7B | $4.1B | $1.5B | |
| Goodwill | $1.2B | $1.1B | $816.8M | -- | $795.5M | |
| Other Intangibles | $1.8B | $1.7B | $1.7B | -- | $2B | |
| Other Long-Term Assets | -- | -- | -- | -- | -- | |
| Total Assets | $15.7B | $16.2B | $16.3B | $18.5B | $14.7B | |
| Accounts Payable | $1.3B | $1.2B | $1.3B | $1.4B | $1.2B | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $84.4M | $73.4M | $84.7M | $84.5M | $90.3M | |
| Other Current Liabilities | -- | -- | -- | -- | $21.9M | |
| Total Current Liabilities | $5.4B | $4.8B | $4.6B | $4.3B | $3.7B | |
| Long-Term Debt | $4.6B | $4B | $4.4B | $5.1B | $5.3B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $11.9B | $10.9B | $10.8B | $11.4B | $10.6B | |
| Common Stock | $500.6M | $483.5M | $467.8M | $481.7M | $471M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $2.8B | $3.4B | $3.6B | $4.9B | $2.8B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $759.1M | $1.6B | $1.7B | $1.9B | $1B | |
| Total Equity | $3.6B | $5B | $5.3B | $6.8B | $3.9B | |
| Total Liabilities and Equity | $15.5B | $16B | $16.1B | $18.2B | $14.5B | |
| Cash and Short Terms | $1.5B | $1.7B | $1.7B | $1.8B | $1.9B | |
| Total Debt | $4.9B | $5.1B | $5.2B | $5.4B | $5.5B | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $1.2B | -- | $1.5B | $1.4B | $2.1B | |
| Short Term Investments | $230.5M | $202.8M | $273.5M | $500.9M | $298.7M | |
| Accounts Receivable, Net | $2.2B | -- | $2.7B | $2.8B | $3.3B | |
| Inventory | $905.4M | -- | $1.3B | $473.2M | $494.2M | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $103.1M | $121.2M | $104.7M | $116.6M | $152.8M | |
| Total Current Assets | $5.2B | -- | $6.3B | $10.5B | $6.9B | |
| Property Plant And Equipment | $3.4B | -- | $4B | $3.8B | $4.3B | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | $1.2B | $986.5M | $837.4M | $846.3M | $880.1M | |
| Other Intangibles | $1.8B | $1.6B | $2.4B | $2.9B | $3.2B | |
| Other Long-Term Assets | -- | -- | -- | -- | $1.5M | |
| Total Assets | $13.8B | -- | $17.4B | $19.3B | $16.6B | |
| Accounts Payable | $1.2B | -- | $1.4B | $1.2B | $1.3B | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $80.8M | -- | -- | -- | -- | |
| Other Current Liabilities | -- | $24.7M | -- | -- | -- | |
| Total Current Liabilities | $4.4B | -- | $5.1B | $5.6B | $4.2B | |
| Long-Term Debt | $3B | -- | $4B | $4.4B | $5.6B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $10B | -- | $11.7B | $12.4B | $12.4B | |
| Common Stock | $506M | -- | $497.2M | $487.6M | $554.6M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $635.1M | -- | $1.7B | $1.8B | $1.1B | |
| Total Equity | $3.8B | $5.1B | $5.7B | $6.9B | $4.3B | |
| Total Liabilities and Equity | $13.8B | $5.1B | $17.4B | $19.3B | $16.6B | |
| Cash and Short Terms | $1.5B | -- | $1.8B | $1.9B | $2.4B | |
| Total Debt | $4.3B | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $490M | $954.4M | $578.7M | $683.4M | $632.4M | |
| Depreciation & Amoritzation | $557.3M | $534.6M | $548.8M | $611.5M | $698.3M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | $532.8M | $780.3M | $1.5B | $744.3M | $1.2B | |
| Capital Expenditures | $465M | $457.9M | $654.7M | $873.1M | $908.6M | |
| Cash Acquisitions | -- | -- | -- | $50M | $812.4M | |
| Cash From Investing | -$473.3M | $212.8M | -$1B | -$1.1B | -$1.5B | |
| Dividends Paid (Ex Special Dividend) | $41.8M | $74.6M | $76.9M | $21M | $26.9M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $1.9B | $1.3B | $2.5B | $2.3B | $3.6B | |
| Long-Term Debt Repaid | -$2.1B | -$1.7B | -$2.8B | -$2.3B | -$2.9B | |
| Repurchase of Common Stock | -- | $237.5M | $41.4M | $196.8K | $112.5K | |
| Other Financing Activities | $6.7M | $5.7M | $3.1M | -$219.9M | -$19.3M | |
| Cash From Financing | $14.7M | -$624.8M | -$466.1M | $388.9M | $476M | |
| Beginning Cash (CF) | $1.5B | $1.7B | $1.7B | $1.8B | $1.9B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $4.1M | $370.5M | $42.1M | $36.9M | $259.5M | |
| Ending Cash (CF) | $1.4B | $2.1B | $1.7B | $1.8B | $2.2B | |
| Levered Free Cash Flow | $67.8M | $322.4M | $870.8M | -$128.8M | $316.3M | |
| Period Ending | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | -- | $112.4M | -- | -- | -- | |
| Depreciation & Amoritzation | -- | $134.6M | -- | -- | -- | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | $432.4M | -- | -- | -- | |
| Capital Expenditures | -- | -- | -- | -- | -- | |
| Cash Acquisitions | -- | $74.5M | -- | -- | -- | |
| Cash From Investing | -- | -$116.6M | -- | -- | -- | |
| Dividends Paid (Ex Special Dividend) | -- | $11.3M | -- | -- | -- | |
| Special Dividend Paid | -- | -- | -- | -- | -- | |
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -- | -- | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -$131.1M | -- | -- | -- | |
| Beginning Cash (CF) | $1.4B | $1.4B | $1.5B | $1.7B | $1.7B | |
| Foreign Exchange Rate Adjustment | -- | $491.4K | -- | -- | -- | |
| Additions / Reductions | -- | $185.1M | -- | -- | -- | |
| Ending Cash (CF) | -- | $1.6B | -- | -- | -- | |
| 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 | -- | -- | -- | $706M | $442.5M | |
| Depreciation & Amoritzation | -- | -- | -- | $644.7M | $765M | |
| Stock-Based Compensation | -- | -- | -- | -- | -- | |
| Change in Accounts Receivable | -- | -- | -- | -- | -- | |
| Change in Inventories | -- | -- | -- | -- | -- | |
| Cash From Operations | -- | -- | -- | $978.6M | $1.2B | |
| Capital Expenditures | -- | $448.1M | $658.4M | $866.6M | $866.9M | |
| Cash Acquisitions | -- | -- | -- | $644.9M | $219.1M | |
| Cash From Investing | -- | -- | -- | -$1.5B | -$997.1M | |
| Dividends Paid (Ex Special Dividend) | -- | -- | -- | $44M | $21.7M | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | -- | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -- | -- | -- | -- | -- | |
| Repurchase of Common Stock | -- | -- | -- | -$15.8M | $112.6K | |
| Other Financing Activities | -- | -- | -- | -- | -- | |
| Cash From Financing | -- | -- | -- | $459.5M | $395.8M | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | -- | -- | -- | -$53.1M | $469.2M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | -- | -- | -- | $112M | $283.9M | |
| 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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