N-ABLE INC (NABL)
US62878D1000 - Common Stock
NABL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 275 industry peers in the Software industry. While NABL belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. NABL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NABL was profitable.
NABL had a positive operating cash flow in the past year.
In multiple years NABL reported negative net income over the last 5 years.
In the past 5 years NABL always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 2.01%, NABL is doing good in the industry, outperforming 73.09% of the companies in the same industry.
NABL has a Return On Equity of 3.28%. This is in the better half of the industry: NABL outperforms 74.18% of its industry peers.
NABL has a Return On Invested Capital of 5.14%. This is in the better half of the industry: NABL outperforms 80.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NABL is significantly below the industry average of 10.17%.
The 3 year average ROIC (3.82%) for NABL is below the current ROIC(5.14%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.01% | ||
| ROE | 3.28% | ||
| ROIC | 5.14% |
ROA(3y)1.19%
ROA(5y)0.53%
ROE(3y)1.97%
ROE(5y)0.86%
ROIC(3y)3.82%
ROIC(5y)3.4%
1.3 Margins
The Profit Margin of NABL (5.53%) is better than 76.73% of its industry peers.
NABL's Operating Margin of 16.66% is amongst the best of the industry. NABL outperforms 88.00% of its industry peers.
In the last couple of years the Operating Margin of NABL has grown nicely.
The Gross Margin of NABL (83.83%) is better than 91.64% of its industry peers.
In the last couple of years the Gross Margin of NABL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.66% | ||
| PM (TTM) | 5.53% | ||
| GM | 83.83% |
OM growth 3Y14.31%
OM growth 5Y15.15%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.94%
GM growth 5Y2.29%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NABL is destroying value.
The number of shares outstanding for NABL has been increased compared to 1 year ago.
The debt/assets ratio for NABL has been reduced compared to a year ago.
2.2 Solvency
NABL has an Altman-Z score of 3.75. This indicates that NABL is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of NABL (3.75) is better than 61.82% of its industry peers.
The Debt to FCF ratio of NABL is 4.39, which is a neutral value as it means it would take NABL, 4.39 years of fcf income to pay off all of its debts.
NABL's Debt to FCF ratio of 4.39 is fine compared to the rest of the industry. NABL outperforms 62.55% of its industry peers.
NABL has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of NABL (0.47) is worse than 63.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 4.39 | ||
| Altman-Z | 3.75 |
ROIC/WACC0.52
WACC9.96%
2.3 Liquidity
A Current Ratio of 2.75 indicates that NABL has no problem at all paying its short term obligations.
NABL has a Current ratio of 2.75. This is in the better half of the industry: NABL outperforms 73.09% of its industry peers.
NABL has a Quick Ratio of 2.75. This indicates that NABL is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of NABL (2.75) is better than 73.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.75 | ||
| Quick Ratio | 2.75 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.71% over the past year.
The Revenue has grown by 13.48% in the past year. This is quite good.
NABL shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.07% yearly.
EPS 1Y (TTM)5.71%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q10%
Revenue 1Y (TTM)13.48%
Revenue growth 3Y11.68%
Revenue growth 5Y13.07%
Revenue growth Q2Q13.17%
3.2 Future
Based on estimates for the next years, NABL will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.56% on average per year.
Based on estimates for the next years, NABL will show a quite strong growth in Revenue. The Revenue will grow by 11.21% on average per year.
EPS Next Y10.88%
EPS Next 2Y13.8%
EPS Next 3Y19.56%
EPS Next 5YN/A
Revenue Next Year10.28%
Revenue Next 2Y10.83%
Revenue Next 3Y11.21%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 32.98 indicates a quite expensive valuation of NABL.
Compared to the rest of the industry, the Price/Earnings ratio of NABL indicates a somewhat cheap valuation: NABL is cheaper than 73.09% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.80, NABL is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 29.74, the valuation of NABL can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NABL indicates a somewhat cheap valuation: NABL is cheaper than 70.91% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.27, NABL is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.98 | ||
| Fwd PE | 29.74 |
4.2 Price Multiples
NABL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NABL is cheaper than 79.27% of the companies in the same industry.
NABL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NABL is cheaper than 76.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.54 | ||
| EV/EBITDA | 26.48 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
NABL has a very decent profitability rating, which may justify a higher PE ratio.
NABL's earnings are expected to grow with 19.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.03
PEG (5Y)N/A
EPS Next 2Y13.8%
EPS Next 3Y19.56%
5. Dividend
5.1 Amount
NABL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
N-ABLE INC
NYSE:NABL (4/19/2024, 9:07:09 AM)
12.2017
+0.01 (+0.1%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.25B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.98 | ||
| Fwd PE | 29.74 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.03
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.01% | ||
| ROE | 3.28% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 16.66% | ||
| PM (TTM) | 5.53% | ||
| GM | 83.83% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.75 | ||
| Quick Ratio | 2.75 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)5.71%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y10.88%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)13.48%
Revenue growth 3Y11.68%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y