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N-Able Inc
NYSE:NABL

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N-Able Inc
NYSE:NABL
Watchlist
Price: 5.18 USD 5.5% Market Closed
Market Cap: $975.8m

EV/OCF

13.5
Current
53%
Cheaper
vs 3-y average of 28.9

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
13.5
=
Enterprise Value
$1.2B
/
Operating Cash Flow
$93.2m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
13.5
=
Enterprise Value
$1.2B
/
Operating Cash Flow
$93.2m

Valuation Scenarios

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

If EV/OCF returns to its 3-Year Average (28.9), the stock would be worth $11.12 (115% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+118%
Average Upside
75%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 13.5 $5.18
0%
3-Year Average 28.9 $11.12
+115%
5-Year Average 29.3 $11.27
+118%
Industry Average 19.3 $7.43
+43%
Country Average 16.7 $6.41
+24%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
US
N-Able Inc
NYSE:NABL
967m USD 13.5 -56.8
US
Microsoft Corp
NASDAQ:MSFT
3.2T USD 19.7 26.5
US
Oracle Corp
NYSE:ORCL
498.2B USD 25.1 30.8
US
Palo Alto Networks Inc
NASDAQ:PANW
145.7B USD 35.8 97.9
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
113.5B USD 67.6 -698.7
US
ServiceNow Inc
NYSE:NOW
93.4B USD 16.5 53.2
US
VMware Inc
XETRA:BZF1
58B EUR 13.9 47.9
US
Fortinet Inc
NASDAQ:FTNT
62.7B USD 23 33.8
CN
Knowledge Atlas Technology JSC Ltd
HKEX:2513
452.6B HKD -174.8 -83.9
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 347.1 491.7
CN
MiniMax Group Inc
HKEX:100
262.2B HKD -139.9 -17.9
P/E Multiple
Earnings Growth PEG
US
N
N-Able Inc
NYSE:NABL
Average P/E: 111.7
Negative Multiple: -56.8
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
26.5
18%
1.5
US
Oracle Corp
NYSE:ORCL
30.8
37%
0.8
US
Palo Alto Networks Inc
NASDAQ:PANW
97.9
50%
2
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -698.7 N/A N/A
US
ServiceNow Inc
NYSE:NOW
53.2
54%
1
US
V
VMware Inc
XETRA:BZF1
47.9
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
33.8
15%
2.3
CN
K
Knowledge Atlas Technology JSC Ltd
HKEX:2513
Negative Multiple: -83.9 N/A N/A
US
Xperi Holding Corp
LSE:0M2A
491.7
N/A N/A
CN
MiniMax Group Inc
HKEX:100
Negative Multiple: -17.9 N/A N/A

Market Distribution

In line with most companies in the United States of America
Percentile
38th
Based on 9 518 companies
38th percentile
13.5
Low
0 — 11.7
Typical Range
11.7 — 23.6
High
23.6 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 11.7
Median 16.7
70th Percentile 23.6
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 54%
Intrinsic Value
Price $5.18
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