N-ABLE, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12.64 USD | -2.24% |
|
+0.56% | -4.60% |
| May. 09 | N-able's Q1 Non-GAAP Earnings, Revenue Gain; Sets Q2 Revenue Outlook, Updates 2024 Revenue Guidance | MT |
| May. 09 | Transcript : N-able, Inc., Q1 2024 Earnings Call, May 09, 2024 |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,987 | 1,857 | 2,424 | 2,335 | - | - |
| Enterprise Value (EV) 1 | 2,259 | 2,096 | 2,606 | 2,443 | 2,343 | 2,225 |
| P/E ratio | - | 114 x | 102 x | 72 x | 55.5 x | 42.3 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 5.73 x | 5 x | 5.75 x | 5.04 x | 4.53 x | 4.04 x |
| EV / Revenue | 6.52 x | 5.64 x | 6.18 x | 5.27 x | 4.55 x | 3.85 x |
| EV / EBITDA | 19.9 x | 18.3 x | 18.2 x | 14.9 x | 12.8 x | 10.5 x |
| EV / FCF | 154 x | 41.6 x | 38.5 x | 27.8 x | 23.9 x | 14.7 x |
| FCF Yield | 0.65% | 2.41% | 2.6% | 3.6% | 4.18% | 6.79% |
| Price to Book | 3.21 x | 2.9 x | 3.41 x | 3.09 x | 2.76 x | 2.49 x |
| Nbr of stocks (in thousands) | 178,972 | 180,685 | 182,927 | 184,763 | - | - |
| Reference price 2 | 11.10 | 10.28 | 13.25 | 12.64 | 12.64 | 12.64 |
| Announcement Date | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 346.5 | 371.8 | 421.9 | 463.7 | 515.1 | 577.8 |
| EBITDA 1 | - | 113.3 | 114.7 | 143.4 | 164 | 183.7 | 212.9 |
| EBIT 1 | - | 98.65 | 97.95 | 119.6 | 136.4 | 154 | 191.7 |
| Operating Margin | - | 28.47% | 26.35% | 28.35% | 29.41% | 29.9% | 33.17% |
| Earnings before Tax (EBT) 1 | - | 11.59 | 30.42 | 44.33 | 56.1 | 69.1 | - |
| Net income 1 | -7.158 | 0.113 | 16.71 | 23.41 | 32.84 | 45.36 | 58.24 |
| Net margin | - | 0.03% | 4.49% | 5.55% | 7.08% | 8.81% | 10.08% |
| EPS 2 | - | - | 0.0900 | 0.1300 | 0.1754 | 0.2277 | 0.2988 |
| Free Cash Flow 1 | - | 14.68 | 50.4 | 67.75 | 87.89 | 97.9 | 151 |
| FCF margin | - | 4.24% | 13.56% | 16.06% | 18.95% | 19% | 26.14% |
| FCF Conversion (EBITDA) | - | 12.95% | 43.94% | 47.25% | 53.6% | 53.28% | 70.94% |
| FCF Conversion (Net income) | - | 12,988.5% | 301.69% | 289.39% | 267.64% | 215.83% | 259.25% |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 3/29/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 89.5 | 90.86 | 91.63 | 93.53 | 95.76 | 99.82 | 106.1 | 107.6 | 108.4 | 113.7 | 116.9 | 116.3 | 117 | - | - |
| EBITDA 1 | 27.78 | 27.03 | 27.62 | 28.85 | 31.2 | 32.75 | 34.91 | 36.55 | 39.2 | 39.64 | 41.66 | 40.84 | 41.8 | 43.76 | 41.1 |
| EBIT 1 | 21.17 | 22.9 | 23.32 | 25.11 | 26.62 | 27.09 | 28.7 | 30.54 | 33.28 | 33.21 | 35.03 | 33.97 | 34.78 | 36.54 | 37.5 |
| Operating Margin | 23.65% | 25.2% | 25.45% | 26.84% | 27.8% | 27.14% | 27.05% | 28.39% | 30.69% | 29.2% | 29.98% | 29.2% | 29.73% | - | - |
| Earnings before Tax (EBT) 1 | 3.938 | 8.601 | 6.627 | 4.839 | 10.36 | 8.112 | 9.308 | 10.12 | 16.78 | 13.16 | 14.6 | 13.4 | 15 | - | - |
| Net income 1 | 2.056 | 5.101 | 4.327 | 0.294 | 6.985 | 3.539 | 4.509 | 6.013 | 9.351 | 7.456 | 8.9 | 7.7 | 9.3 | 9.6 | 11.7 |
| Net margin | 2.3% | 5.61% | 4.72% | 0.31% | 7.29% | 3.55% | 4.25% | 5.59% | 8.63% | 6.55% | 7.62% | 6.62% | 7.95% | - | - |
| EPS 2 | 0.0100 | 0.0300 | 0.0200 | - | 0.0400 | 0.0200 | 0.0200 | 0.0300 | 0.0500 | 0.0400 | 0.0506 | 0.0383 | 0.0479 | 0.0500 | 0.0500 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/24/22 | 5/12/22 | 8/11/22 | 11/10/22 | 2/23/23 | 5/10/23 | 8/10/23 | 11/13/23 | 2/22/24 | 5/9/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 272 | 238 | 182 | 108 | 7.8 | - |
| Net Cash position 1 | - | - | - | - | - | - | 110 |
| Leverage (Debt/EBITDA) | - | 2.401 x | 2.076 x | 1.269 x | 0.657 x | 0.0425 x | - |
| Free Cash Flow 1 | - | 14.7 | 50.4 | 67.8 | 87.9 | 97.9 | 151 |
| ROE (net income / shareholders' equity) | - | 9.44% | 9.81% | 10.1% | 11.2% | 12.3% | 13% |
| ROA (Net income/ Total Assets) | - | 5.52% | 5.79% | 6.09% | 6.94% | 7.79% | 8.57% |
| Assets 1 | - | 2.045 | 288.4 | 384.6 | 473.3 | 582 | 679.6 |
| Book Value Per Share 2 | - | 3.450 | 3.550 | 3.880 | 4.090 | 4.590 | 5.070 |
| Cash Flow per Share 2 | - | 0.2700 | 0.3900 | 0.4800 | 0.5200 | 0.5300 | - |
| Capex 1 | - | 30.7 | 21 | 22.3 | 22.8 | 26.1 | 21 |
| Capex / Sales | - | 8.85% | 5.65% | 5.29% | 4.91% | 5.08% | 3.63% |
| Announcement Date | 3/29/21 | 2/24/22 | 2/23/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
12.64
USD
Average target price
15.38
USD
Spread / Average Target
+21.64%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.60% | 2.34B | |
| +10.66% | 321B | |
| +26.23% | 220B | |
| +3.30% | 150B | |
| +13.73% | 57.95B | |
| +14.14% | 32.83B | |
| +3.00% | 30.44B | |
| +28.33% | 21.13B | |
| +86.90% | 20.94B | |
| +2.17% | 14.97B |
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- Financials N-able, Inc.
