Mimecast Limited provides cloud security and risk management services for corporate information and email.
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Mimecast's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 53M has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 53M underperformed the German Software industry which returned 1.8% over the past year.
Return vs Market: 53M underperformed the German Market which returned -0.7% over the past year.
Price Volatility Vs. Market
How volatile is Mimecast's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Mimecast undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 53M (€37) is trading below our estimate of fair value (€43.29)
Significantly Below Fair Value: 53M is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 53M is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: 53M is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 53M's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 53M is overvalued based on its PB Ratio (11.7x) compared to the DE Software industry average (3.2x).
How is Mimecast forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 53M is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: 53M is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 53M's is expected to become profitable in the next 3 years.
Revenue vs Market: 53M's revenue (13.3% per year) is forecast to grow faster than the German market (5.8% per year).
High Growth Revenue: 53M's revenue (13.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 53M's Return on Equity is forecast to be low in 3 years time (19.1%).
How has Mimecast performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 53M is currently unprofitable.
Growing Profit Margin: 53M is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 53M is unprofitable, and losses have increased over the past 5 years at a rate of -35.5% per year.
Accelerating Growth: Unable to compare 53M's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 53M is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (30.6%).
Return on Equity
High ROE: 53M has a negative Return on Equity (-0.95%), as it is currently unprofitable.
How is Mimecast's financial position?
Financial Position Analysis
Short Term Liabilities: 53M's short term assets ($298.9M) exceed its short term liabilities ($288.7M).
Long Term Liabilities: 53M's short term assets ($298.9M) exceed its long term liabilities ($209.1M).
Debt to Equity History and Analysis
Debt Level: 53M's debt to equity ratio (40%) is considered high.
Reducing Debt: 53M's debt to equity ratio has reduced from 224% to 40% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 53M has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 53M is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 33.9% per year.
What is Mimecast current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 53M's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 53M's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 53M's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 53M's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 53M's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Bauer (46yo)
Mr. Peter C. Bauer co-founded Mimecast Limited in 2003 and has been its Chairman and Chief Executive Officer since 2003. Mr. Bauer is a technology marketer and business leader with a successful track recor ...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD1.72M) is about average for companies of similar size in the German market ($USD2.41M).
Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||1.33yrs||US$424.17k||0.014% $340.6k|
|Chief Human Resources Officer||1.5yrs||US$3.61m||0.0069% $168.0k|
|Chief Strategy Officer||2.25yrs||US$3.63m||0.020% $488.0k|
|Chief Scientist||10.08yrs||no data||no data|
|Chief Information Officer & VP of Digital Operations||no data||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Senior VP||3.83yrs||US$489.83k||0.0059% $142.5k|
|Vice President of Business Development||9.17yrs||no data||no data|
|Senior Vice President of Global Marketing||4.42yrs||no data||0.0034% $81.4k|
Experienced Management: 53M's management team is considered experienced (4.1 years average tenure).
|Independent Director||3.25yrs||US$199.97k||0.017% $400.2k|
|Independent Director||1.5yrs||US$212.49k||no data|
|Independent Non-Executive Director||5yrs||US$224.97k||0.048% $1.2m|
|Lead Independent Director||5.5yrs||US$219.97k||0.14% $3.5m|
|Director||17.5yrs||no data||1.99% $48.2m|
|Independent Director||2.5yrs||US$199.97k||0.010% $253.3k|
|Director||0.58yr||no data||no data|
Experienced Board: 53M's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Mimecast Limited's company bio, employee growth, exchange listings and data sources
- Name: Mimecast Limited
- Ticker: 53M
- Exchange: DB
- Founded: 2003
- Industry: Application Software
- Sector: Software
- Market Cap: US$2.725b
- Listing Market Cap: US$2.424b
- Shares outstanding: 62.97m
- Website: https://www.mimecast.com
Number of Employees
- Mimecast Limited
- 1 Finsbury Avenue
- Greater London
- EC2M 2PF
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MIME||NasdaqGS (Nasdaq Global Select)||Yes||Ordinary Shares||US||USD||Nov 2015|
|53M||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 2015|
Mimecast Limited provides cloud security and risk management services for corporate information and email. The company offers Mimecast Email Security solution, which protects against the delivery of malware, malicious URLs and attachments, spam, viruses, impersonation attacks, phishing, and spear-phishing attacks, including business email compromise, identity theft, extortion, fraud, and other attacks, while also preventing data leaks and other internal threats, as well as provides awareness training services. It also provides Cyber Resilience Extensions, including Mimecast Enterprise Information Archiving that unifies email data to support e-discovery, forensic analysis, and compliance initiatives; Mimecast Mailbox Continuity, which protects email and data against the threat of downtime as a result of system failure, natural disasters, planned maintenance, system upgrades, and migrations; and Mimecast Web Security service that protects against malicious web activity initiated by user action or malware and blocks access to inappropriate websites based on acceptable use policies. In addition, the company’s Cyber Resilience Extensions also comprise Mimecast Secure Messaging, a secure and private channel to share sensitive information; Mimecast Privacy Pack, which prevents breaches and protects against data exfiltration transmissions; and Large File Send that enables employees to create security and compliance risks when they turn to file sharing services. Further, it provides Threat Intelligence Dashboard, which displays cyber threat data specific to an organization by identifying users who pose the greatest cyber risk; and Mimecast Mobile and Desktop Apps for mobile, PC, and Mac users. The company sells its services through direct sales and channel partners. Mimecast Limited was founded in 2003 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/02 22:07|
|End of Day Share Price||2020/07/02 00:00|
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.