Solarwinds Corporation Stock Fair Value – SOLARWINDS CORPORATION Reports 5.1% Year-on-Year Increase in Total Revenue for Q2 FY2023
August 8, 2023
☀️Earnings Overview
SOLARWINDS ($NYSE:SWI): SolarWinds Corporation reported its second quarter FY2023 earnings results as of June 30 2023, with total revenue of USD 185.0 million, a 5.1% year-on-year increase, and net income of USD 0.26 million, a 100.0% year-on-year increase.
Analysis – Solarwinds Corporation Stock Fair Value
GoodWhale is here to help you analyze the financials of SOLARWINDS CORPORATION. With our proprietary Valuation Line, we are able to estimate the intrinsic value of each SOLARWINDS CORPORATION share to be around $11.4. Currently, SOLARWINDS CORPORATION stock is trading at $11.8, which, while still a fair price, is slightly overvalued by 3.2%. This means that now may not be the ideal time to invest in SOLARWINDS CORPORATION. However, if the stock were to drop to its intrinsic value, then it might be a good time to reconsider. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Solarwinds Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 737.48 | -307.99 | -19.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Solarwinds Corporation. More…
| Operations | Investing | Financing |
| 122.83 | 36.97 | -704.57 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Solarwinds Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.18k | 1.78k | 8.49 |
Key Ratios Snapshot
Some of the financial key ratios for Solarwinds Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -9.1% | -6.5% | -23.3% |
| FCF Margin | ROE | ROA |
| 14.2% | -7.7% | -3.4% |
Peers
SolarWinds was founded in 1999, and its headquarters is in Austin, Texas. The company went public in 2009. SolarWinds’ main competitors are CyberArk Software Ltd, SecureD Services Inc, and Micro Focus International PLC.
– CyberArk Software Ltd ($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 its second quarter of FY2023 earnings with total revenue of USD 185.0 million, a 5.1% year-on-year increase, and net income of USD 0.26 million, up 100.0% year-on-year. This had a positive effect on the company’s stock price, suggesting that SOLARWINDS CORPORATION is a lucrative investment opportunity for investors looking for potential growth. Its solid financial performance and strong fundamentals make it an attractive long-term investment option with excellent potential for growth. It is worth considering for investors who are looking for a reliable stock to add to their portfolio.
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