SecureWorks Corporation provides information security services to help organizations worldwide to protect their IT assets, comply with regulations, and reduce security costs. The company was founded in 1998 and is based in Atlanta, Georgia.
SCWX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for SecureWorks Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that SecureWorks Corp ranked in the 96th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for SecureWorks Corp ended up being:
In the past 2.01 years, SecureWorks Corp has a compound free cash flow growth rate of 1.69%; that's higher than 93.28% of free cash flow generating stocks in the Technology sector.
The business' balance sheet suggests that 2% of the company's capital is sourced from debt; this is greater than merely 8.72% of the free cash flow producing stocks we're observing.
SCWX's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 49.33% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SCWX, try OKTA, WEX, QCCO, ZMTP, and WSTG.
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