MIME Stock Overview
Mimecast Limited provides cloud security and risk management services for corporate information and email.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$80.36|
|52 Week High||US$85.48|
|52 Week Low||US$38.84|
|1 Month Change||1.77%|
|3 Month Change||18.18%|
|1 Year Change||81.56%|
|3 Year Change||132.59%|
|5 Year Change||283.95%|
|Change since IPO||695.64%|
Recent News & Updates
Mimecast Is A Premium Business At A Premium Valuation
Mimecast provides a one-stop-shop for cybersecurity solutions focused on email. Its SaaS business model and attention to increasing its enterprise market share have produced market-beating gains over the last 12 months. With a growing addressable market and a huge tailwind created by the pandemic, I am bullish on Mimecast stock over the next three to five years.
What Is Mimecast Limited's (NASDAQ:MIME) Share Price Doing?
Mimecast Limited ( NASDAQ:MIME ), is not the largest company out there, but it saw a significant share price rise of...
|MIME||US Software||US Market|
Return vs Industry: MIME exceeded the US Software industry which returned 17.2% over the past year.
Return vs Market: MIME exceeded the US Market which returned 13.7% over the past year.
|MIME Average Weekly Movement||5.5%|
|Software Industry Average Movement||8.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.9%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: MIME is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MIME's weekly volatility (5%) has been stable over the past year.
About the Company
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, such as Mimecast Enterprise Information Archiving that unifies email data to support e-discovery, forensic analysis, and compliance initiatives; Mimecast Business Continuity and Sync & Recover, 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.
Mimecast Fundamentals Summary
|MIME fundamental statistics|
Is MIME overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MIME income statement (TTM)|
|Cost of Revenue||US$130.52m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 03, 2022
|Earnings per share (EPS)||0.66|
|Net Profit Margin||7.99%|
How did MIME perform over the long term?See historical performance and comparison
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: MIME ($80.36) is trading below our estimate of fair value ($112.37)
Significantly Below Fair Value: MIME is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MIME is poor value based on its PE Ratio (121.6x) compared to the US Software industry average (43.2x).
PE vs Market: MIME is poor value based on its PE Ratio (121.6x) compared to the US market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: MIME is poor value based on its PEG Ratio (4x)
Price to Book Ratio
PB vs Industry: MIME is overvalued based on its PB Ratio (11.7x) compared to the US Software industry average (5.1x).
How is Mimecast forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MIME's forecast earnings growth (30.7% per year) is above the savings rate (2%).
Earnings vs Market: MIME's earnings (30.7% per year) are forecast to grow faster than the US market (13% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MIME's revenue (14.6% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: MIME's revenue (14.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MIME's Return on Equity is forecast to be low in 3 years time (18.6%).
How has Mimecast performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MIME has high quality earnings.
Growing Profit Margin: MIME's current net profit margins (8%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: MIME has become profitable over the past 5 years, growing earnings by 65.1% per year.
Accelerating Growth: MIME's earnings growth over the past year (177.7%) exceeds its 5-year average (65.1% per year).
Earnings vs Industry: MIME earnings growth over the past year (177.7%) exceeded the Software industry 20%.
Return on Equity
High ROE: MIME's Return on Equity (9.6%) is considered low.
How is Mimecast's financial position?
Financial Position Analysis
Short Term Liabilities: MIME's short term assets ($510.2M) exceed its short term liabilities ($336.5M).
Long Term Liabilities: MIME's short term assets ($510.2M) exceed its long term liabilities ($189.4M).
Debt to Equity History and Analysis
Debt Level: MIME has more cash than its total debt.
Reducing Debt: MIME's debt to equity ratio has increased from 5% to 17.9% over the past 5 years.
Debt Coverage: MIME's debt is well covered by operating cash flow (183.5%).
Interest Coverage: MIME's interest payments on its debt are well covered by EBIT (35.8x coverage).
What is Mimecast current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MIME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MIME's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MIME's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MIME's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MIME's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Bauer (47 yo)
Mr. Peter C. Bauer co-founded Mimecast Limited in 2003 and has been its Chairman & Chief Executive Officer since 2003 and serves as its President. Mr. Bauer is a technology marketer and business leader wit...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD3.88M) is below average for companies of similar size in the US market ($USD6.40M).
Compensation vs Earnings: Peter's compensation has increased by more than 20% in the past year.
Experienced Management: MIME's management team is considered experienced (2.8 years average tenure).
Experienced Board: MIME's board of directors are considered experienced (4.4 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 4.7%.
Mimecast Limited's employee growth, exchange listings and data sources
- Name: Mimecast Limited
- Ticker: MIME
- Exchange: NasdaqGS
- Founded: 2003
- Industry: Application Software
- Sector: Software
- Implied Market Cap: US$5.378b
- Shares outstanding: 66.92m
- Website: https://www.mimecast.com
Number of Employees
- Mimecast Limited
- 1 Finsbury Avenue
- Greater London
- EC2M 2PF
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/17 23:28|
|End of Day Share Price||2022/01/14 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.