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N-Able Inc
NYSE:NABL

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N-Able Inc
NYSE:NABL
Watchlist
Price: 5.28 USD Market Closed
Market Cap: $994.6m

EV/FCFF

17
Current
51%
Cheaper
vs 3-y average of 34.3

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
17
=
Enterprise Value
$1.2B
/
Free Cash Flow to Firm
$75.1m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
17
=
Enterprise Value
$1.2B
/
Free Cash Flow to Firm
$75.1m

Valuation Scenarios

N-Able Inc is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (34.3), the stock would be worth $10.68 (102% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+108%
Average Upside
72%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 17 $5.28
0%
3-Year Average 34.3 $10.68
+102%
5-Year Average 35.4 $11.01
+108%
Industry Average 24 $7.46
+41%
Country Average 23.2 $7.22
+37%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
US
N-Able Inc
NYSE:NABL
985.7m USD 17 -57.9
US
Microsoft Corp
NASDAQ:MSFT
3.2T USD 40.7 26.4
US
Oracle Corp
NYSE:ORCL
471B USD -22.7 29.1
US
Palo Alto Networks Inc
NASDAQ:PANW
148.1B USD 40.6 99.6
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
114.6B USD 88.7 -705.3
US
ServiceNow Inc
NYSE:NOW
92.1B USD 19.1 52.4
US
VMware Inc
XETRA:BZF1
58B EUR 15.2 47.9
US
Fortinet Inc
NASDAQ:FTNT
64B USD 27.4 34.5
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 367.5 491.7
CN
Knowledge Atlas Technology JSC Ltd
HKEX:2513
359.4B HKD -137.1 -66.6
CN
MiniMax Group Inc
HKEX:100
216.3B HKD -116.7 -14.7
P/E Multiple
Earnings Growth PEG
US
N
N-Able Inc
NYSE:NABL
Average P/E: 111.7
Negative Multiple: -57.9
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
26.4
18%
1.5
US
Oracle Corp
NYSE:ORCL
29.1
37%
0.8
US
Palo Alto Networks Inc
NASDAQ:PANW
99.6
50%
2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -705.3 N/A N/A
US
ServiceNow Inc
NYSE:NOW
52.4
54%
1
US
V
VMware Inc
XETRA:BZF1
47.9
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
34.5
15%
2.3
US
Xperi Holding Corp
LSE:0M2A
491.7
N/A N/A
CN
K
Knowledge Atlas Technology JSC Ltd
HKEX:2513
Negative Multiple: -66.6 N/A N/A
CN
MiniMax Group Inc
HKEX:100
Negative Multiple: -14.7 N/A N/A

Market Distribution

In line with most companies in the United States of America
Percentile
35th
Based on 8 393 companies
35th percentile
17
Low
0 — 15.4
Typical Range
15.4 — 35.1
High
35.1 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 15.4
Median 23.2
70th Percentile 35.1
Max 3 178 983.5

N-Able Inc
Glance View

N-Able Inc. unfolded its narrative at the intersection of technology and business, positioning itself as a crucial player in the realm of IT management and security software for managed service providers (MSPs). Born from a spin-off of SolarWinds, N-Able set sail with a robust foundation, driven by an understanding that small and medium-sized enterprises (SMEs) often lack the resources to maintain complex IT systems. This gap in the market provided N-Able with a fertile ground, allowing it to develop and offer a range of cloud-based solutions that empower MSPs in managing network infrastructures for these SMEs, thereby addressing their diverse technological needs. The company's suite of products includes tools for remote monitoring, data protection, security, and automation, which are designed to help MSPs operate more efficiently by simplifying the management of IT systems and cybersecurity measures. The company's business model revolves around a subscription-based service, which ensures a recurring revenue stream and reinforces a strong customer relationship. By adopting this model, N-Able aligns its growth strategy with the success of its MSP partners, as these service providers rely on N-Able's tools to deliver reliable IT services to their end clients. This approach not only creates a dependable source of income but also fosters a symbiotic relationship where continuous product improvement is not just beneficial but necessary for mutual success. Moreover, as cyber threats continue to evolve, N-Able's commitment to innovation in cybersecurity offerings stays at the core of its narrative, ensuring that both N-Able and its clients stay ahead in the ever-changing digital landscape.

NABL Intrinsic Value
11.25 USD
Undervaluation 53%
Intrinsic Value
Price $5.28
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