Mimecast Limited - Ordinary Shares (MIME) Company Bio
Mimecast Limited provides cloud security and risk management services for corporate information and email primarily in the United States, the United Kingdom, and South Africa. The company was founded in 2003 and is based in London, England.
MIME Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MIME, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Mimecast Ltd ranked in the 34th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 42.83%. In terms of the factors that were most noteworthy in this DCF analysis for MIME, they are:
The business' balance sheet reveals debt to be 8% of the company's capital (with equity being the remaining amount). Approximately merely 19.51% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Mimecast Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 34 -- greater than 91.69% of US stocks with positive free cash flow.
The weighted average cost of capital for the company is 8. This value is greater than 69.26% stocks in the Technology sector that generate free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Mimecast Ltd? See ADSK, TRMB, DBX, ORCL, and SLAB.