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 | $7.3B | $10.6B | $12.2B | $14.5B | $16.4B | |
| Revenue Growth (YoY) | -5.46% | 45.76% | 14.85% | 19.05% | 13.04% | |
| Cost of Revenues | $2.8B | $3.7B | $4.1B | $4.7B | $5.6B | |
| Gross Profit | $4.5B | $7B | $8.1B | $9.8B | $10.8B | |
| Gross Profit Margin | 61.17% | 65.58% | 66.03% | 67.8% | 65.7% | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $2.1B | $2.7B | $2.9B | $3.6B | $4.1B | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $2.1B | $2.7B | $2.9B | $3.6B | $4.1B | |
| Operating Income | $2.3B | $4.2B | $5.1B | $6.2B | $6.7B | |
| Net Interest Expenses | $34.1M | $37.8M | $45.2M | $60.5M | $63.8M | |
| EBT. Incl. Unusual Items | $2.3B | $4.1B | $4.9B | $6.3B | $7B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $698.8M | $1.2B | $1.4B | $1.8B | $2B | |
| Net Income to Company | $1.6B | $2.9B | $3.5B | $4.7B | $5B | |
| Minority Interest in Earnings | $4.7M | $9.5M | $13.7M | $13M | $30.3M | |
| Net Income to Common Excl Extra Items | $1.6B | $2.9B | $3.6B | $4.7B | $5B | |
| Basic EPS (Cont. Ops) | $15.12 | $27.62 | $33.84 | $44.54 | $47.52 | |
| Diluted EPS (Cont. Ops) | $15.06 | $27.53 | $33.72 | $44.45 | $47.45 | |
| Weighted Average Basic Share | $104.4M | $104.6M | $104.6M | $104.6M | $104.8M | |
| Weighted Average Diluted Share | $104.9M | $105M | $104.9M | $104.8M | $104.9M | |
| EBITDA | $2.9B | $4.9B | $5.8B | $6.9B | $7.6B | |
| EBIT | $2.3B | $4.2B | $5.1B | $6.2B | $6.7B | |
| Revenue (Reported) | $7.3B | $10.6B | $12.2B | $14.5B | $16.4B | |
| Operating Income (Reported) | $2.3B | $4.2B | $5.1B | $6.2B | $6.7B | |
| Operating Income (Adjusted) | $2.3B | $4.2B | $5.1B | $6.2B | $6.7B | |
| Period Ending | 2014-12-31 | 2015-12-31 | 2016-12-31 | 2017-12-31 | 2018-12-31 | |
|---|---|---|---|---|---|---|
| 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 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Revenue | $9.7B | $11.5B | $13.4B | $15.4B | $17.1B | |
| Revenue Growth (YoY) | -- | -- | -- | -- | -- | |
| Cost of Revenues | $3.4B | $3.9B | $4.5B | $5.1B | $5.8B | |
| Gross Profit | $6.3B | $7.6B | $9B | $10.3B | $11.2B | |
| Gross Profit Margin | -- | -- | -- | -- | -- | |
| R&D Expenses | -- | -- | -- | -- | -- | |
| Selling, General & Admin | $2.4B | $2.8B | $3.2B | $3.8B | $4.3B | |
| Other Inc / (Exp) | -- | -- | -- | -- | -- | |
| Operating Expenses | $2.4B | $2.8B | $3.2B | $3.9B | $4.3B | |
| Operating Income | $3.9B | $4.7B | $5.7B | $6.4B | $6.9B | |
| Net Interest Expenses | $34.3M | $36.4M | $52.3M | $64.9M | $60.9M | |
| EBT. Incl. Unusual Items | $3.8B | $4.5B | $5.7B | $6.6B | $7.2B | |
| Earnings of Discontinued Ops. | -- | -- | -- | -- | -- | |
| Income Tax Expense | $1.1B | $1.3B | $1.6B | $1.9B | $2.3B | |
| Net Income to Company | $2.7B | $3.3B | $4.2B | $4.8B | $4.9B | |
| Minority Interest in Earnings | $10.5M | $12M | $15.7M | $15.1M | $46.8M | |
| Net Income to Common Excl Extra Items | $2.7B | $3.3B | $4.2B | $4.8B | $4.9B | |
| Basic EPS (Cont. Ops) | $25.37 | $31.24 | $39.74 | $45.97 | $46.48 | |
| Diluted EPS (Cont. Ops) | $25.29 | $31.13 | $39.64 | $45.88 | $46.40 | |
| Weighted Average Basic Share | ||||||
| Weighted Average Diluted Share | ||||||
| EBITDA | $4.5B | $5.4B | $6.4B | $7.2B | $7.8B | |
| EBIT | $3.9B | $4.7B | $5.7B | $6.4B | $6.9B | |
| Revenue (Reported) | $9.7B | $11.5B | $13.4B | $15.4B | $17.1B | |
| Operating Income (Reported) | $3.9B | $4.7B | $5.7B | $6.4B | $6.9B | |
| Operating Income (Adjusted) | $3.9B | $4.7B | $5.7B | $6.4B | $6.9B | |
| 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 | $5.8B | $7.6B | $9.8B | $11.7B | $12.1B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $305.5M | $378.7M | $408.8M | $476.1M | $495M | |
| Inventory | $1.6B | $1.6B | $1.9B | $2.7B | $2.9B | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $1.2M | -$1.1M | -$1.1M | -$1.1M | $1M | |
| Total Current Assets | $8.1B | $10.1B | $12.6B | $15.5B | $16B | |
| Property Plant And Equipment | $3.8B | $3.9B | $3.8B | $4.5B | $4.9B | |
| Long-Term Investments | $630.6M | $769.9M | $1.2B | $1.5B | $1.3B | |
| Goodwill | $51.7M | $47.6M | -- | $79.6M | $237.2M | |
| Other Intangibles | $271.8M | $291M | $228.4M | $249.8M | $247.7M | |
| Other Long-Term Assets | -- | $2.3M | -$1.1M | -$1.1M | $1M | |
| Total Assets | $13.5B | $15.7B | $18.6B | $22.6B | $23.9B | |
| Accounts Payable | $455.8M | $511.7M | $703.3M | $756.7M | $707.2M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $241.1M | $280.8M | $287.4M | $319.5M | $345.5M | |
| Other Current Liabilities | $977.8M | -$1.1M | -- | -$1.1M | $1.5B | |
| Total Current Liabilities | $2.2B | $2.9B | $3.2B | $3.5B | $3.8B | |
| Long-Term Debt | $1.8B | $1.8B | $1.8B | $2B | $1.9B | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $4.5B | $5B | $5.3B | $5.8B | $6B | |
| Common Stock | $65.8M | $61.4M | $57.6M | $59.7M | $55.9M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | $9B | $10.7B | $13.3B | $16.8B | $17.9B | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $13.3M | $13.6M | $17.1M | $2.2M | $7.2M | |
| Total Equity | $9B | $10.7B | $13.3B | $16.8B | $17.9B | |
| Total Liabilities and Equity | $13.5B | $15.7B | $18.6B | $22.6B | $23.9B | |
| Cash and Short Terms | $5.8B | $7.6B | $9.8B | $11.7B | $12.1B | |
| Total Debt | $2B | $2B | $2.1B | $2.3B | $2.3B | |
| Period Ending | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | |
|---|---|---|---|---|---|---|
| Cash and Equivalents | $6.4B | $7.6B | $10.2B | $10.2B | $12.1B | |
| Short Term Investments | -- | -- | -- | -- | -- | |
| Accounts Receivable, Net | $354.3M | $484.7M | $451M | $573.5M | $540.6M | |
| Inventory | $1.7B | $1.7B | $2.3B | $3B | $3.2B | |
| Prepaid Expenses | -- | -- | -- | -- | -- | |
| Other Current Assets | $271.3M | $301.9M | $384.7M | $448.1M | -$1.2M | |
| Total Current Assets | $8.8B | $10.3B | $13.6B | $14.4B | $16.9B | |
| Property Plant And Equipment | $3.7B | $3.7B | $4B | $4.6B | $5.5B | |
| Long-Term Investments | -- | -- | -- | -- | -- | |
| Goodwill | $49.7M | $14.6M | -- | $258.3M | $238M | |
| Other Intangibles | $281.4M | $213.1M | $235.8M | $244.4M | $270.9M | |
| Other Long-Term Assets | $27.3M | $26.1M | $48.9M | $51.5M | -$2.3M | |
| Total Assets | $14.1B | $15.8B | $19.8B | $22B | $25.6B | |
| Accounts Payable | $400.2M | $559.9M | $759.6M | $855.4M | $772.8M | |
| Accrued Expenses | -- | -- | -- | -- | -- | |
| Current Portion Of Long-Term Debt | -- | -- | -- | -- | -- | |
| Current Portion Of Capital Lease Obligations | $269.8M | $284.1M | $308.6M | $326.9M | $391.7M | |
| Other Current Liabilities | $1.1B | $1.1B | $1.2B | $1.3B | -$2.3M | |
| Total Current Liabilities | $2.5B | $2.9B | $3.3B | $3.5B | $3.7B | |
| Long-Term Debt | $21.4M | $25.1M | $38M | $52.5M | $35.2M | |
| Capital Leases | -- | -- | -- | -- | -- | |
| Total Liabilities | $4.6B | $5B | $5.4B | $5.8B | $6.1B | |
| Common Stock | $64M | $56.4M | $58.7M | $57.9M | $63.3M | |
| Other Common Equity Adj | -- | -- | -- | -- | -- | |
| Common Equity | -- | -- | -- | -- | -- | |
| Total Preferred Equity | -- | -- | -- | -- | -- | |
| Minority Interest, Total | $12.4M | $14.6M | -$5.4M | $27.9M | $18.8M | |
| Total Equity | $9.6B | $10.7B | $14.4B | $16.2B | $19.5B | |
| Total Liabilities and Equity | $14.1B | $15.8B | $19.8B | $22B | $25.6B | |
| Cash and Short Terms | $6.4B | $7.6B | $10.2B | $10.2B | $12.1B | |
| Total Debt | -- | -- | -- | -- | -- | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Net Income to Stockholders | $1.6B | $2.9B | $3.5B | $4.7B | $5B | |
| Depreciation & Amoritzation | $583.7M | $663.1M | $637.9M | $720M | $877.3M | |
| Stock-Based Compensation | $90.1M | $69.7M | $57.8M | $112.4M | $153.6M | |
| Change in Accounts Receivable | $43.8M | -$35.5M | -$56.8M | -$131.9M | $4.3M | |
| Change in Inventories | -$180M | -$137.1M | -$340.5M | -$715.7M | -$338.6M | |
| Cash From Operations | $1.9B | $4.1B | $4.5B | $4.8B | $5.6B | |
| Capital Expenditures | $511.2M | $628.8M | $544.4M | $928.7M | $1.2B | |
| Cash Acquisitions | -- | -- | $1.1M | $311.4M | $247.7M | |
| Cash From Investing | -$517.1M | -$846.3M | -$678.9M | -$1.2B | -$1.3B | |
| Dividends Paid (Ex Special Dividend) | $553M | $573.3M | $888.1M | $1.5B | $2.9B | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $9.1M | -- | -- | -- | -- | |
| Long-Term Debt Repaid | -$9.1M | -$9.5M | -- | -$1.1M | -$1.1M | |
| Repurchase of Common Stock | $139.3M | $186.8M | $129.3M | $140.5M | $40M | |
| Other Financing Activities | $1.1M | -$1.2M | -$1.1M | -- | $2.2M | |
| Cash From Financing | -$923.6M | -$1B | -$1.3B | -$1.9B | -$3.3B | |
| Beginning Cash (CF) | $5.8B | $7.6B | $9.8B | $11.7B | $12.1B | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $393.7M | $2.3B | $2.7B | $1.5B | $1.1B | |
| Ending Cash (CF) | $6.1B | $10.1B | $12.7B | $13.1B | $13.3B | |
| Levered Free Cash Flow | $1.4B | $3.5B | $3.9B | $3.9B | $4.4B | |
| 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 | $2.7B | $3.3B | $4.2B | $4.8B | $4.9B | |
| Depreciation & Amoritzation | $627.9M | $654.4M | $672.2M | $773.1M | $902.9M | |
| Stock-Based Compensation | $76.4M | $60.9M | $60.8M | $154.6M | $151.2M | |
| Change in Accounts Receivable | -$117.9M | -$107.1M | -$78.5M | -$95.1M | $16.5M | |
| Change in Inventories | -$124.7M | -$181.2M | -$550.7M | -$703.9M | -$8.3M | |
| Cash From Operations | $3.5B | $4.1B | $4.8B | $4.9B | $5.7B | |
| Capital Expenditures | $596.2M | $576.1M | $601.4M | $1B | $1.2B | |
| Cash Acquisitions | -- | -- | $79.9M | $468.2M | $12.3M | |
| Cash From Investing | -$592M | -$814.5M | -$796.3M | -$1.5B | -$1.1B | |
| Dividends Paid (Ex Special Dividend) | $584.5M | $923M | $1.5B | $2.9B | $3B | |
| Special Dividend Paid | ||||||
| Long-Term Debt Issued | $7.2M | -- | -- | -- | $10.2M | |
| Long-Term Debt Repaid | -$18.9M | -- | -- | -$2.2M | -$10.2M | |
| Repurchase of Common Stock | $189.9M | $130.5M | $3M | $140.6M | $46.6M | |
| Other Financing Activities | -- | -$3.4M | -- | -- | -- | |
| Cash From Financing | -$1B | -$1.3B | -$1.8B | -$3.3B | -$3.5B | |
| Beginning Cash (CF) | -- | -- | -- | -- | -- | |
| Foreign Exchange Rate Adjustment | -- | -- | -- | -- | -- | |
| Additions / Reductions | $1.9B | $2.2B | $2.1B | $163.1M | $896.8M | |
| Ending Cash (CF) | -- | -- | -- | -- | -- | |
| Levered Free Cash Flow | $2.9B | $3.5B | $4.2B | $3.9B | $4.6B | |
| 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 | -- | -- | -- | $10.7M | $11.3M | |
| 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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