Solarwinds Corporation Intrinsic Value Calculator – SOLARWINDS CORPORATION Reports 5.1% Increase in Q2 FY2023 Revenue
August 21, 2023
☀️Earnings Overview
On August 3 2023, SOLARWINDS CORPORATION ($NYSE:SWI) reported earnings results for the second quarter of FY2023, showing total revenue of USD 185.0 million, a rise of 5.1% compared to the same period in FY2022. Net income for the quarter was USD 0.26 million, up a full 100.0% from the previous year.
Analysis – Solarwinds Corporation Intrinsic Value Calculator
GoodWhale provides a comprehensive analysis of SOLARWINDS CORPORATION‘s fundamentals, including balance sheet, income statement, and cash flow. Using our proprietary Valuation Line, we have determined that the fair value of SOLARWINDS shares is around $11.5. Currently, SOLARWINDS stock is trading at $11.8, which is a fair price but is slightly overvalued by 2.4%. However, investors need to make their own assessment of whether the stock is a good buy, as there are many factors that could affect the stock’s performance in the future. Investors should also consider other factors such as the company’s competitive landscape and overall market conditions. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Solarwinds Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 737.48 | -307.99 | -19.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Solarwinds Corporation. More…
| Operations | Investing | Financing |
| 122.83 | 36.97 | -704.57 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Solarwinds Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.18k | 1.78k | 8.49 |
Key Ratios Snapshot
Some of the financial key ratios for Solarwinds Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -9.1% | -6.5% | -23.3% |
| FCF Margin | ROE | ROA |
| 14.2% | -7.7% | -3.4% |
Peers
SolarWinds was founded in 1999, and its headquarters is in Austin, Texas. The company went public in 2009. SolarWinds’ main competitors are CyberArk Software Ltd, SecureD Services Inc, and Micro Focus International PLC.
– CyberArk Software Ltd ($NASDAQ:CYBR)
CyberArk Software Ltd is an Israel-based company engaged in the development, marketing and sale of cyber security solutions that protect organizations from cyber attacks. The Company’s product, the CyberArk Privileged Access Security Solution, is a comprehensive cyber security solution that provides protection for privileged accounts and secrets. The Company’s solutions are deployed globally by financial services institutions, healthcare organizations, energy companies, industrial companies, information technology service providers, government agencies and other organizations.
– SecureD Services Inc ($OTCPK:SSVC)
SecureD Services Inc is a provider of cybersecurity and compliance solutions. The company offers a range of services, including data security, malware protection, and vulnerability management. It also provides consulting and training services to help organizations implement and maintain their security programs. SecureD Services Inc has a market cap of 92.03k as of 2022. The company’s products and services are used by government agencies, businesses, and individuals to protect their networks and data from security threats.
– Micro Focus International PLC ($LSE:MCRO)
Micro Focus International PLC is a British multinational software and information technology business headquartered in Newbury, Berkshire, England. It is one of the largest software companies in the world. The company develops and sells software that enables businesses to manage, secure, and govern enterprise data and applications. The company’s products are used by organizations of all sizes, including Fortune 500 companies, government agencies, and small businesses.
Summary
SolarWinds Corporation reported strong second-quarter earnings results for FY2023, with total revenue of USD 185.0 million and net income of USD 0.26 million. This represents a 5.1% and 100.0% increase year over year respectively. Investors appear to have responded positively to these results, as the stock price increased on the same day of the announcement. In light of these results, investors may consider investing in SolarWinds Corporation, given their strong growth and potential for further expansion.
However, investors should take into account the potential risks associated with investing in any company, such as market volatility, economic and political uncertainty, changing technology and consumer trends, and competitive pressures.
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