Darktrace plc

BATS-CHIXE:DARKL Stock Report

Market Cap: UK£3.7b

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Darktrace Valuation

Is DARKL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DARKL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
UK£6.93
Fair Value
16.6% undervalued intrinsic discount
11
Number of Analysts

Below Fair Value: DARKL (£5.78) is trading below our estimate of fair value (£6.93)

Significantly Below Fair Value: DARKL is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DARKL?

Key metric: As DARKL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DARKL. This is calculated by dividing DARKL's market cap by their current earnings.
What is DARKL's PE Ratio?
PE Ratio44.8x
EarningsUS$110.90m
Market CapUS$4.97b

Price to Earnings Ratio vs Peers

How does DARKL's PE Ratio compare to its peers?

The above table shows the PE ratio for DARKL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average67x
BLTG Blancco Technology Group
63x36.0%UK£173.0m
CNS Corero Network Security
152.4x61.3%UK£97.8m
SGE Sage Group
39.9x12.5%UK£13.0b
CCC Computacenter
12.5x5.9%UK£2.2b
DARKL Darktrace
44.8x7.8%UK£3.7b

Price-To-Earnings vs Peers: DARKL is good value based on its Price-To-Earnings Ratio (44.8x) compared to the peer average (73.1x).

Price to Earnings Ratio vs Industry

How does DARKL's PE Ratio compare vs other companies in the GB Software Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
SORT Sorted Group Holdings
2.9xn/aUS$5.05m
No more companies available in this PE range
No. of Companies4PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DARKL is expensive based on its Price-To-Earnings Ratio (44.8x) compared to the UK Software industry average (34.4x).

Price to Earnings Ratio vs Fair Ratio

What is DARKL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DARKL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio44.8x
Fair PE Ratio37x

Price-To-Earnings vs Fair Ratio: DARKL is expensive based on its Price-To-Earnings Ratio (44.8x) compared to the estimated Fair Price-To-Earnings Ratio (37x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DARKL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
UK£6.12
0%
2.5%UK£6.30UK£5.75n/a11
Jan ’26n/a
UK£6.12
0%
2.5%UK£6.30UK£5.75n/a11
Dec ’25n/a
UK£6.12
0%
2.5%UK£6.30UK£5.75n/a11
Nov ’25n/a
UK£6.12
0%
2.5%UK£6.30UK£5.75n/a11
Oct ’25UK£5.78
UK£6.12
+6.0%
2.5%UK£6.30UK£5.75n/a11
Sep ’25UK£5.83
UK£6.13
+5.1%
2.4%UK£6.30UK£5.75n/a12
Aug ’25UK£5.94
UK£6.16
+3.6%
2.1%UK£6.30UK£5.75n/a12
Jul ’25UK£5.77
UK£6.16
+6.6%
2.1%UK£6.30UK£5.75n/a12
Jun ’25UK£5.87
UK£6.17
+5.2%
2.6%UK£6.50UK£5.75n/a13
May ’25UK£6.02
UK£6.32
+5.0%
8.4%UK£8.00UK£5.75n/a12
Apr ’25UK£4.38
UK£5.28
+20.7%
19.1%UK£7.00UK£2.70n/a16
Mar ’25UK£3.61
UK£5.13
+42.0%
19.4%UK£7.00UK£2.70n/a15
Feb ’25UK£3.45
UK£5.13
+48.6%
19.4%UK£7.00UK£2.70n/a15
Jan ’25UK£3.67
UK£5.25
+43.3%
19.7%UK£7.00UK£2.60n/a14
Dec ’24UK£3.48
UK£5.24
+50.7%
19.5%UK£7.00UK£2.60n/a14
Nov ’24UK£3.49
UK£5.09
+45.8%
18.2%UK£6.50UK£2.40n/a14
Oct ’24UK£4.04
UK£5.03
+24.4%
18.1%UK£6.50UK£2.40UK£5.7814
Sep ’24UK£3.69
UK£4.84
+31.1%
22.5%UK£6.50UK£2.40UK£5.8315
Aug ’24UK£3.67
UK£4.71
+28.2%
22.5%UK£6.50UK£2.40UK£5.9415
Jul ’24UK£3.10
UK£4.24
+37.0%
28.2%UK£6.50UK£2.40UK£5.7715
Jun ’24UK£2.84
UK£4.24
+49.6%
28.2%UK£6.50UK£2.40UK£5.8715
May ’24UK£2.79
UK£4.56
+63.5%
23.4%UK£6.50UK£2.50UK£6.0212
Apr ’24UK£2.57
UK£4.42
+72.1%
24.4%UK£6.50UK£2.50UK£4.3813
Mar ’24UK£2.62
UK£4.47
+70.6%
25.2%UK£6.50UK£2.50UK£3.6112
Feb ’24UK£2.22
UK£4.50
+102.4%
25.5%UK£6.50UK£2.50UK£3.4512
Jan ’24UK£2.59
UK£5.12
+97.8%
17.2%UK£6.50UK£3.20UK£3.6712
Analyst Price Target
Consensus Narrative from 11 Analysts
UK£6.13
Fair Value
5.8% undervalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/09/30 20:16
End of Day Share Price 2024/09/30 00:00
Earnings2023/12/31
Annual Earnings2023/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Darktrace plc is covered by 12 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Victor ChengBofA Global Research
Rahul ChopraHSBC
Charles BrennanJefferies LLC