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Symantec

WBAG:SYMC
Snowflake Description

High growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SYMC
WBAG
$16B
Market Cap
  1. Home
  2. AT
  3. Software
Company description

Symantec Corporation provides cybersecurity products, services, and solutions worldwide. The last earnings update was 74 days ago. More info.


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SYMC Share Price and Events
7 Day Returns
2.2%
WBAG:SYMC
13.2%
Europe Software
3.2%
AT Market
1 Year Returns
-3.8%
WBAG:SYMC
29.5%
Europe Software
-2.6%
AT Market
SYMC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Symantec (SYMC) 2.2% 6.6% 22.3% -3.8% - -
Europe Software 13.2% 14.2% 25.2% 29.5% 67.8% 113.6%
AT Market 3.2% 6.1% 8.1% -2.6% 43.9% 29.9%
1 Year Return vs Industry and Market
  • SYMC underperformed the Software industry which returned 29.5% over the past year.
  • SYMC underperformed the Market in Austria which returned -2.6% over the past year.
Price Volatility
SYMC
Industry
5yr Volatility vs Market

SYMC Value

 Is Symantec undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Symantec to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Symantec.

WBAG:SYMC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 27 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.2%
Perpetual Growth Rate 10-Year AT Government Bond Rate 0.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for WBAG:SYMC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AT Govt Bond Rate 0.5%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.134 (1 + (1- 21%) (32.35%))
1.284
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.28
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.51% + (1.284 * 5.96%)
8.16%

Discounted Cash Flow Calculation for WBAG:SYMC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Symantec is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

WBAG:SYMC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.16%)
2019 1,087.23 Analyst x10 1,005.21
2020 1,256.20 Analyst x11 1,073.80
2021 1,398.00 Analyst x9 1,104.85
2022 1,309.50 Analyst x2 956.83
2023 1,012.00 Analyst x1 683.66
2024 1,061.00 Analyst x1 662.69
2025 981.34 Est @ -7.51% 566.69
2026 931.27 Est @ -5.1% 497.20
2027 899.43 Est @ -3.42% 443.98
2028 879.28 Est @ -2.24% 401.28
Present value of next 10 years cash flows $7,396.19
WBAG:SYMC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $879.28 × (1 + 0.51%) ÷ (8.16% – 0.51%)
$11,552.14
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $11,552.14 ÷ (1 + 8.16%)10
$5,272.13
WBAG:SYMC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $7,396.19 + $5,272.13
$12,668.32
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $12,668.32 / 639.22
$19.82
WBAG:SYMC Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in WBAG:SYMC represents 0.88197x of NasdaqGS:SYMC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.88197x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 19.82 x 0.88197
€17.48
Value per share (EUR) From above. €17.48
Current discount Discount to share price of €21.52
= -1 x (€21.52 - €17.48) / €17.48
-23.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Symantec is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Symantec's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Symantec's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
WBAG:SYMC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-28) in USD $-0.11
NasdaqGS:SYMC Share Price ** NasdaqGS (2019-04-18) in USD $24.4
Europe Software Industry PE Ratio Median Figure of 138 Publicly-Listed Software Companies 29.34x
Austria Market PE Ratio Median Figure of 52 Publicly-Listed Companies 14.56x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Symantec.

WBAG:SYMC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:SYMC Share Price ÷ EPS (both in USD)

= 24.4 ÷ -0.11

-213.08x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Symantec is loss making, we can't compare its value to the Europe Software industry average.
  • Symantec is loss making, we can't compare the value of its earnings to the Austria market.
Price based on expected Growth
Does Symantec's expected growth come at a high price?
Raw Data
WBAG:SYMC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -213.08x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 27 Analysts
93.9%per year
Europe Software Industry PEG Ratio Median Figure of 75 Publicly-Listed Software Companies 2.12x
Austria Market PEG Ratio Median Figure of 32 Publicly-Listed Companies 1.28x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Symantec, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Symantec's assets?
Raw Data
WBAG:SYMC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-28) in USD $9.24
NasdaqGS:SYMC Share Price * NasdaqGS (2019-04-18) in USD $24.4
Europe Software Industry PB Ratio Median Figure of 243 Publicly-Listed Software Companies 2.81x
Austria Market PB Ratio Median Figure of 60 Publicly-Listed Companies 1.24x
WBAG:SYMC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:SYMC Share Price ÷ Book Value per Share (both in USD)

= 24.4 ÷ 9.24

2.64x

* Primary Listing of Symantec.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Symantec is good value based on assets compared to the Europe Software industry average.
X
Value checks
We assess Symantec's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Symantec has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SYMC Future Performance

 How is Symantec expected to perform in the next 1 to 3 years based on estimates from 27 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
93.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Symantec expected to grow at an attractive rate?
  • Symantec's earnings growth is expected to exceed the low risk savings rate of 0.5%.
Growth vs Market Checks
  • Symantec's earnings growth is expected to exceed the Austria market average.
  • Symantec's revenue growth is expected to exceed the Austria market average.
Annual Growth Rates Comparison
Raw Data
WBAG:SYMC Future Growth Rates Data Sources
Data Point Source Value (per year)
WBAG:SYMC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 27 Analysts 93.9%
WBAG:SYMC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 27 Analysts 3.7%
Europe Software Industry Earnings Growth Rate Market Cap Weighted Average 13.7%
Europe Software Industry Revenue Growth Rate Market Cap Weighted Average 8.2%
Austria Market Earnings Growth Rate Market Cap Weighted Average 9.1%
Austria Market Revenue Growth Rate Market Cap Weighted Average 2.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
WBAG:SYMC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 27 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
WBAG:SYMC Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31 5,025 1,756 1
2021-03-31 5,168 1,627 451 19
2020-03-31 4,976 1,508 380 27
2019-03-31 4,775 1,308 46 27
WBAG:SYMC Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-28 4,752 1,214 -72
2018-09-28 4,750 1,131 1,180
2018-06-29 4,815 1,068 1,172
2018-03-30 4,834 950 1,127
2017-12-29 4,739 1,039 1,008
2017-09-29 4,571 893 -359
2017-06-30 4,310 774 -412
2017-03-31 4,019 -209 -236
2016-12-30 3,777 -314 -1,072
2016-09-30 3,645 -350 -902
2016-07-01 3,572 -274 -780
2016-04-01 3,600 802 -821
2016-01-01 3,626 1,034 247

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Symantec's earnings are expected to grow significantly at over 20% yearly.
  • Symantec's revenue is expected to grow by 3.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
WBAG:SYMC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 27 Analyst Estimates (S&P Global) See Below

All data from Symantec Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WBAG:SYMC Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31
2021-03-31 0.57 0.72 0.48 3.00
2020-03-31 0.53 0.61 0.38 5.00
2019-03-31 0.08 0.12 0.05 7.00
WBAG:SYMC Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-28 -0.11
2018-09-28 1.89
2018-06-29 1.89
2018-03-30 1.83
2017-12-29 1.64
2017-09-29 -0.58
2017-06-30 -0.67
2017-03-31 -0.38
2016-12-30 -1.71
2016-09-30 -1.41
2016-07-01 -1.19
2016-04-01 -1.23
2016-01-01 0.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Symantec is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Symantec's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Symantec has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SYMC Past Performance

  How has Symantec performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Symantec's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Symantec does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Symantec's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Symantec's 1-year growth to the Europe Software industry average as it is not currently profitable.
Earnings and Revenue History
Symantec's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Symantec Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

WBAG:SYMC Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-28 4,752.00 -72.00 1,957.00 934.00
2018-09-28 4,750.00 1,180.00 1,989.00 950.00
2018-06-29 4,815.00 1,172.00 2,104.00 960.00
2018-03-30 4,834.00 1,127.00 2,167.00 956.00
2017-12-29 4,739.00 1,008.00 2,321.00 948.00
2017-09-29 4,571.00 -359.00 2,335.00 927.00
2017-06-30 4,310.00 -412.00 2,224.00 886.00
2017-03-31 4,019.00 -236.00 2,017.00 823.00
2016-12-30 3,777.00 -1,072.00 1,751.00 751.00
2016-09-30 3,645.00 -902.00 1,619.00 721.00
2016-07-01 3,572.00 -780.00 1,538.00 720.00
2016-04-01 3,600.00 -821.00 1,587.00 748.00
2016-01-01 3,626.00 247.00 1,673.00 779.00
2015-10-02 3,687.00 108.00 1,791.00 798.00
2015-07-03 3,133.00 -102.00 1,689.00 702.00
2015-04-03 3,956.00 109.00 2,012.00 812.00
2015-01-02 4,682.00 271.00 2,241.00 881.00
2014-10-03 5,417.00 579.00 2,455.00 940.00
2014-07-04 6,702.00 977.00 2,861.00 1,085.00
2014-03-28 4,183.00 91.00 2,186.00 722.00
2013-12-27 6,799.00 871.00 2,992.00 1,029.00
2013-09-27 6,885.00 804.00 3,125.00 1,026.00
2013-06-28 6,947.00 752.00 3,195.00 1,025.00
2013-03-29 6,906.00 755.00 3,236.00 1,026.00
2012-12-28 6,839.00 1,124.00 3,247.00 986.00
2012-09-28 6,763.00 1,148.00 3,230.00 979.00
2012-06-29 6,745.00 1,141.00 3,257.00 979.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Symantec has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Symantec used its assets less efficiently than the Europe Software industry average last year based on Return on Assets.
  • It is difficult to establish if Symantec improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Symantec's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Symantec has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SYMC Health

 How is Symantec's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Symantec's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Symantec is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Symantec's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Symantec's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Symantec Company Filings, last reported 3 months ago.

WBAG:SYMC Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-28 5,906.00 5,045.00 2,579.00
2018-09-28 5,950.00 5,039.00 2,436.00
2018-06-29 5,918.00 5,032.00 2,325.00
2018-03-30 5,023.00 5,026.00 2,162.00
2017-12-29 4,958.00 5,587.00 2,532.00
2017-09-29 3,535.00 6,209.00 2,026.00
2017-06-30 3,389.00 6,202.00 2,314.00
2017-03-31 3,487.00 8,186.00 4,256.00
2016-12-30 3,949.00 7,138.00 5,575.00
2016-09-30 3,862.00 7,176.00 5,619.00
2016-07-01 3,766.00 3,204.00 6,118.00
2016-04-01 3,676.00 2,207.00 6,025.00
2016-01-01 5,394.00 1,740.00 2,269.00
2015-10-02 5,892.00 1,740.00 3,357.00
2015-07-03 5,896.00 2,089.00 3,884.00
2015-04-03 5,935.00 2,096.00 3,860.00
2015-01-02 5,910.00 2,095.00 3,740.00
2014-10-03 5,897.00 2,095.00 3,793.00
2014-07-04 5,838.00 2,095.00 4,049.00
2014-03-28 5,797.00 2,095.00 4,084.00
2013-12-27 5,758.00 2,094.00 3,890.00
2013-09-27 5,657.00 2,094.00 3,832.00
2013-06-28 5,497.00 2,094.00 3,783.00
2013-03-29 5,476.00 3,091.00 4,747.00
2012-12-28 5,156.00 3,076.00 4,252.00
2012-09-28 5,103.00 3,061.00 4,007.00
2012-06-29 5,082.00 3,048.00 4,111.00
  • Symantec's level of debt (85.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (36.4% vs 85.4% today).
  • Debt is well covered by operating cash flow (24.1%, greater than 20% of total debt).
  • Symantec is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Symantec's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Symantec has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SYMC Dividends

 What is Symantec's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.23%
Current annual income from Symantec dividends. Estimated to be 1.28% next year.
If you bought €2,000 of Symantec shares you are expected to receive €25 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Symantec's pays a lower dividend yield than the bottom 25% of dividend payers in Austria (1.37%).
  • Symantec's dividend is below the markets top 25% of dividend payers in Austria (4.59%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
WBAG:SYMC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 27 Analyst Estimates (S&P Global) See Below
Europe Software Industry Average Dividend Yield Market Cap Weighted Average of 80 Stocks 1.3%
Austria Market Average Dividend Yield Market Cap Weighted Average of 50 Stocks 3.3%
Austria Minimum Threshold Dividend Yield 10th Percentile 0.9%
Austria Bottom 25% Dividend Yield 25th Percentile 1.4%
Austria Top 25% Dividend Yield 75th Percentile 4.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

WBAG:SYMC Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31
2021-03-31 0.32 6.00
2020-03-31 0.31 9.00
2019-03-31 0.30 9.00
WBAG:SYMC Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-31 0.300 1.306
2018-08-02 0.300 1.482
2018-05-10 0.300 1.416
2018-01-31 0.300 1.108
2017-11-01 0.300 1.059
2017-08-04 0.300 0.962
2017-08-02 0.300 0.997
2017-05-19 0.300 1.012
2017-05-10 0.300 0.970
2017-02-03 0.300 0.995
2017-02-01 0.300 1.079
2016-11-04 0.300 1.202
2016-11-03 0.300 1.228
2016-08-05 0.300 1.235
2016-08-04 0.300 1.399
2016-05-20 0.300 1.548
2016-05-12 0.300 1.774
2016-02-04 0.600 3.280
2015-11-06 0.600 3.000
2015-11-05 0.600 2.895
2015-08-12 0.600 2.934
2015-08-11 0.600 2.792
2015-02-05 0.600 2.490
2014-11-05 0.600 2.339
2014-08-06 0.600 2.507
2014-01-29 0.600 2.807
2013-10-23 0.600 2.614
2013-07-30 0.600 2.351
2013-05-17 0.600 2.609
2013-05-07 0.600 2.451

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Symantec has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Symantec has only been paying a dividend for 6 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Symantec's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (6.3x coverage).
X
Income/ dividend checks
We assess Symantec's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Symantec afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Symantec has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SYMC Management

 What is the CEO of Symantec's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Greg Clark
COMPENSATION $17,347,581
AGE 53
TENURE AS CEO 2.7 years
CEO Bio

Mr. Gregory S. Clark, also known as Greg, is a Co-Founder at Anonyome Labs, Inc. He has been the Chief Executive Officer of Symantec Corporation since August 1, 2016 & has been its President since November 29, 2018. Mr. Clark served as the Chief Executive Officer of Blue Coat Systems Inc. since September 15, 2011 and Blue Coat, Inc. since September 2011. He has more than 23 years of experience and has a unique combination of technical depth, market insight and operational skills. He served as the President of Blue Coat Systems Inc. since September 15, 2011. Mr. Clark served as a Senior Operating Partner at Thoma Bravo, LLC. Mr. Clark served as the Chief Executive Officer and President of ABB Enterprise Software Pty Ltd (alternate name, Mincom Pty Ltd) from April 2008 to August 2011. Mr. Clark was the founder of E2open, Inc. He served as Chief Executive Officer of E2open, Inc. from 2001 to July 2008 and also served as its President. He was responsible for leading E2open's overall operations, focusing on the development of new products and technologies and the successful delivery of customer projects. He was an IBM Distinguished Engineer and Vice President of IBM's Tivoli Systems Inc. from 1999 to 2001, where he was instrumental in defining and selling IBM security and management products. Mr. Clark founded DASCOM, Inc. in 1994 and served as its Chairman, Chief Operating Officer and Chief Technology Officer. He was responsible for the strategic leadership of engineering, including product architecture, engineering process and the development efforts at DASCOM. He served as Chief Executive Officer of Ventyx Pty Ltd. since April 2008. He held senior roles with international IT companies, AT&T UNIX Software Operation, UNIX System Laboratories and Stallion Technologies., a division of Bell Labs, responsible for the integration and support of UNIX technologies in the Pacific Rim. Mr. Clark spent several years as a key contributor and leader of the team that worked on the Portable Operating System Interface (POSIX) standard, UNIX ports to SMP hardware and ports of network management technology to telecommunications transmission equipment. Prior to USL, he worked in the advance manufacturing division of BDM Corporation and led the core technical team at the serial I/O hardware manufacturer Stallion Technologies. Mr. Clark was instrumental in the security standards arena, driving authorization standards in The Open Group, the Object Management Group, the Securities Industry Middleware Council and the Internet Engineering Task Force. He served as Chairman of Keynote Systems, Inc. He has been a Director of Symantec Corporation since August 1, 2016. He served as Director of Blue Coat Systems Inc. since September 15, 2011 until August 2016 and Blue Coat, Inc. since September 2011 until August 2016. He served as a Director of E2open, Inc. He served as a Director at Imperva Inc. from June 2014 to August 10, 2015. He served as a Director of Emulex Corporation from April 1, 2013 to May 5, 2015. He served as a Director of East Asia Minerals Corporation from May 3, 2011 to September 9, 2011. Mr. Clark has BS in Mathematics and Thermal Physics from Griffith University in Brisbane, Australia and attended the University of New Mexico for post-graduate studies in computer science.

CEO Compensation
  • Insufficient data for Greg to compare compensation growth.
  • Insufficient data for Greg to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure and age of the Symantec management team in years:

1.8
Average Tenure
53
Average Age
  • The average tenure for the Symantec management team is less than 2 years, this suggests a new team.
Management Team

Greg Clark

TITLE
President
COMPENSATION
$17M
AGE
53
TENURE
2.7 yrs

Nick Noviello

TITLE
Executive VP & CFO
COMPENSATION
$8M
AGE
49
TENURE
2.3 yrs

Scott Taylor

TITLE
Executive VP
COMPENSATION
$6M
AGE
54
TENURE
10.7 yrs

Matt Brown

TITLE
VP of Finance & Chief Accounting Officer
AGE
37
TENURE
0.3 yrs

Hugh Thompson

TITLE
Senior VP & Chief Technology Officer

Sheila Jordan

TITLE
Chief Information Officer & Senior VP
AGE
53
TENURE
5.2 yrs

Cynthia Hiponia

TITLE
Vice President of Investor Relations

Justin Saia

TITLE
Vice President of Corporate Communications
TENURE
0.4 yrs

Marc Andrews

TITLE
Senior Vice President of Enterprise Worldwide Sales
AGE
54
TENURE
1.3 yrs

Deb Tomlin

TITLE
Senior VP & Chief Marketing Officer
AGE
49
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the Symantec board of directors in years:

5.5
Average Tenure
55.5
Average Age
  • The tenure for the Symantec board of directors is about average.
Board of Directors

Dan Schulman

TITLE
Non-Executive Chairman of the Board
COMPENSATION
$470K
AGE
60
TENURE
6.3 yrs

Greg Clark

TITLE
President
COMPENSATION
$17M
AGE
53
TENURE
2.7 yrs

David Mahoney

TITLE
Independent Director
COMPENSATION
$380K
AGE
64
TENURE
16 yrs

Vincent Unruh

TITLE
Independent Director
COMPENSATION
$370K
AGE
69
TENURE
13.8 yrs

Franck Dangeard

TITLE
Independent Director
COMPENSATION
$360K
AGE
60
TENURE
12.3 yrs

Zan Vautrinot

TITLE
Independent Director
COMPENSATION
$345K
AGE
58
TENURE
5.5 yrs

Anita Sands

TITLE
Independent Director
COMPENSATION
$345K
AGE
42
TENURE
5.5 yrs

Kenneth Hao

TITLE
Independent Director
COMPENSATION
$325K
AGE
49
TENURE
3.1 yrs

David Humphrey

TITLE
Independent Director
COMPENSATION
$325K
AGE
41
TENURE
2.7 yrs

Peter Feld

TITLE
Independent Director
AGE
39
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
07. Feb 19 Sell Starboard Value LP Company 02. Jan 19 02. Jan 19 -649,666 €16.64 €-10,809,752
16. Aug 18 Buy Michael Strachan Individual 13. Jul 18 07. Aug 18 5,534 €18.62 €94,519
16. Aug 18 Buy Nora Denzel Individual 16. Jul 18 16. Jul 18 750 €18.46 €13,842
16. Aug 18 Buy Dale Fuller Individual 27. Jun 18 29. Jun 18 14,000 €17.73 €246,691
16. Aug 18 Buy Richard Hill Individual 13. Jul 18 07. Aug 18 75,000 €18.68 €1,351,938
16. Aug 18 Sell Starboard Value LP Company 26. Jun 18 03. Aug 18 -5,200,000 €17.70 €0
16. Aug 18 Buy Starboard Value LP Company 25. Jun 18 07. Aug 18 29,700,796 €18.84 €0
X
Management checks
We assess Symantec's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Symantec has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SYMC News

Simply Wall St News

SYMC Company Info

Description

Symantec Corporation provides cybersecurity products, services, and solutions worldwide. The company operates through two segments, Enterprise Security and Consumer Digital Safety. The Enterprise Security segment provides endpoint and information protection products, including endpoint security, advanced threat protection, and information protection solutions and their related support services; and network and Web security products, such as network security, Web security, and cloud security solutions and their related support services. It also offers consulting, premium support, and cyber security services. The Consumer Digital Safety segment provides Norton Security solutions as a subscription service providing protection for devices against malware, viruses, adware, and ransomware on various platforms; and LifeLock identity theft protection solution that provides identity monitoring, alerts, and restoration to its customers, as well as Norton Wi-Fi Privacy services. The company serves business, government, and public-sector customers; small, medium, and large enterprises; and individuals, households, and small businesses. It markets and sells its products and related services through direct sales force, direct marketing and co-marketing programs, e-commerce and telesales platforms, distributors, Internet-based resellers, system builders, Internet service providers, employee benefits providers, wireless carriers, retailers, original equipment manufacturers, and retail and online stores. Symantec Corporation has strategic alliance with Ernst & Young LLP to help organizations address intellectual property and data, as well as manage cyber risk. The company was founded in 1982 and is headquartered in Mountain View, California.

Details
Name: Symantec Corporation
SYMC
Exchange: WBAG
Founded: 1982
$13,868,761,525
639,217,123
Website: http://www.symantec.com
Address: Symantec Corporation
350 Ellis Street,
Mountain View,
California, 94043,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS SYMC Common Stock Nasdaq Global Select US USD 23. Jun 1989
DB SYM Common Stock Deutsche Boerse AG DE EUR 23. Jun 1989
WBAG SYMC Common Stock Wiener Boerse AG AT EUR 23. Jun 1989
BMV SYMC * Common Stock Bolsa Mexicana de Valores MX MXN 23. Jun 1989
Number of employees
Current staff
Staff numbers
11,830
Symantec employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 22:12
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/19
Last earnings filing: 2019/02/04
Last earnings reported: 2018/12/28
Last annual earnings reported: 2018/03/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.