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SecureWorks (SecureWorks) Intrinsic Value: Projected FCF : $5.68 (As of May. 02, 2024)


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What is SecureWorks 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 (2024-05-02), SecureWorks's Intrinsic Value: Projected FCF is $5.68. The stock price of SecureWorks is $5.97. Therefore, SecureWorks's Price-to-Intrinsic-Value-Projected-FCF of today is 1.1.

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

SCWX' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.05   Med: 1.55   Max: 2.06
Current: 1.05

During the past 12 years, the highest Price-to-Intrinsic-Value-Projected-FCF of SecureWorks was 2.06. The lowest was 1.05. And the median was 1.55.

SCWX's Price-to-Projected-FCF is ranked better than
67.01% of 1264 companies
in the Software industry
Industry Median: 1.625 vs SCWX: 1.05

SecureWorks Intrinsic Value: Projected FCF Historical Data

The historical data trend for SecureWorks'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.

SecureWorks Intrinsic Value: Projected FCF Chart

SecureWorks Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.63 8.94 8.81 7.34 5.68

SecureWorks Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 7.34 6.13 5.74 5.44 5.68

Competitive Comparison of SecureWorks's Intrinsic Value: Projected FCF

For the Software - Infrastructure subindustry, SecureWorks'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.


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

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

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



SecureWorks 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 SecureWorks's Free Cash Flow(6 year avg) = $9.39.

SecureWorks'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 (Jan24)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*9.39104+501.325*0.8)/86.367
=5.68

* 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.


SecureWorks  (NAS:SCWX) 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.

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

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=5.97/5.6788588540967
=1.05

* 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.


SecureWorks Intrinsic Value: Projected FCF Related Terms

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


SecureWorks (SecureWorks) Business Description

Industry
Traded in Other Exchanges
Address
One Concourse Parkway North East, Suite 500, Atlanta, GA, USA, 30328
SecureWorks Corp is a cybersecurity provider of technology-driven solutions singularly focused on protecting its customers by outpacing and outmaneuvering the adversary. The company offers its customers the following services; software-as-a-service, or SaaS, solutions, managed solutions, and professional services, including incident response and adversarial services. Its solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity in real-time, prioritize and respond to security incidents, and predict emerging threats.
Executives
Neil Gagnon 10 percent owner 1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Alpana Wegner officer: Chief Financial Officer C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Stephen Fulton officer: President, Customer Success C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Pamela Daley director C/O PATHEON N.V., HERENGRACHT 483, AMSTERDAM P7 1017 BT
Mark J Hawkins director C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Wendy Thomas director, officer: Chief Executive Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
George B Hanna officer: Chief Legal & Admin Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Christian Grant officer: VP, Chief Accounting Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Paul Parrish officer: Chief Financial Officer 705 WESTECH DRIVE, NORCROSS GA 30092
Michael R Cote 10 percent owner 1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
Centerview Capital Technology Employee Fund, L.p. 10 percent owner 555 CALIFORNIA STREET, SUITE 3305, SAN FRANCISCO CA 94104
Centerview Capital Technology Ltd. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund Gp (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund-a (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025