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Mandiant (Mandiant) Intrinsic Value: Projected FCF : $6.07 (As of May. 05, 2024)


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What is Mandiant Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-05), Mandiant's Intrinsic Value: Projected FCF is $6.07. The stock price of Mandiant is $22.98. Therefore, Mandiant's Price-to-Intrinsic-Value-Projected-FCF of today is 3.8.

The historical rank and industry rank for Mandiant's Intrinsic Value: Projected FCF or its related term are showing as below:

MNDT' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 2.57   Med: 4.94   Max: 13.42
Current: 3.79

During the past 12 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Mandiant was 13.42. The lowest was 2.57. And the median was 4.94.

MNDT's Price-to-Projected-FCF is not ranked
in the Software industry.
Industry Median: 1.63 vs MNDT: 3.79

Mandiant Intrinsic Value: Projected FCF Historical Data

The historical data trend for Mandiant's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mandiant Intrinsic Value: Projected FCF Chart

Mandiant Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.74 -2.88 -0.61 3.75 6.82

Mandiant Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.80 3.73 6.82 6.35 6.07

Competitive Comparison of Mandiant's Intrinsic Value: Projected FCF

For the Software - Infrastructure subindustry, Mandiant's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mandiant's Price-to-Projected-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Mandiant's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Mandiant's Price-to-Projected-FCF falls into.



Mandiant Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Mandiant's Free Cash Flow(6 year avg) = $-0.03.

Mandiant's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun22)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-0.033599999999997+1770.899*0.8)/233.218
=6.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mandiant  (NAS:MNDT) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Mandiant's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=22.98/6.0732847215325
=3.78

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mandiant Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Mandiant's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Mandiant (Mandiant) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11951 Freedom Drive, 6th Floor, Reston, VA, USA, 20190
Mandiant (formally FireEye,) is a pure-play cybersecurity firm that focuses on incident response, threat intelligence, automated response, and managed security. Mandiant's security experts can be used on demand or customers can outsource their security to Mandiant. The California-based company sells security solutions worldwide, and sold its FireEye products division in October 2021.
Executives
William T Robbins officer: EVP, WW Sales NUANCE COMMUNICATIONS INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803
Frank Verdecanna officer: Interim CFO C/O FIREEYE, INC. 1440 MCCARTHY BLVD. MILPITAS CA 95035
Codd Ronald E F director C/O INTERWOVEN INC, 803 11TH AVE, SUNNYVALE CA 94089
James Medina officer: SVP, Finance, CC & CAO 1875 LAWRENCE STREET SUITE 1100 DENVER CO 80202
John P. Watters officer: President & COO 601 MCCARTHY BLVD. MILPITAS CA 95035
Coviello Arthur W Jr director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Kevin R. Mandia officer: SVP & Chief Operating Officer 1440 MCCARTHY BLVD MILPITAS CA 95035
Alexa King officer: SVP and General Counsel C/O FIREEYE, INC. 1440 MCCARTHY BOULEVARD MILPITAS CA 95035
Viral Patel director C/O THE BLACKSTONE GROUP INC. 345 PARK AVENUE NEW YORK NY 10154
Sara C Andrews director C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210
Peter Bailey officer: EVP & COO ONE MEMORIAL DRIVE BOSTON MA 02142
Travis M. Reese officer: President C/O FIREEYE, INC. 1440 MCCARTHY BLVD. MILPITAS CA 95035
Adrian Mcdermott director C/O ZENDESK, INC., 989 MARKET STREET, SUITE 300, SAN FRANCISCO CA 94103
Robert E Switz director 13625 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
David G Dewalt director, officer: Chief Executive Officer

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