NasdaqGS:MOBL

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Executive Summary

MobileIron, Inc., together with its subsidiaries, provides mobile IT platform that enables enterprises to manage and secure mobile applications, content, and devices while offering their employees with device choice, privacy, and a native user experience worldwide. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has MobileIron's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MOBL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MOBL's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-0.1%

MOBL

1.2%

US Software

1.8%

US Market


1 Year Return

47.9%

MOBL

44.8%

US Software

20.4%

US Market

Return vs Industry: MOBL exceeded the US Software industry which returned 44% over the past year.

Return vs Market: MOBL exceeded the US Market which returned 19% over the past year.


Shareholder returns

MOBLIndustryMarket
7 Day-0.1%1.2%1.8%
30 Day-0.3%0.4%6.0%
90 Day6.9%0.6%6.8%
1 Year47.9%47.9%45.7%44.8%23.2%20.4%
3 Year79.7%79.7%134.9%127.4%47.4%37.6%
5 Year66.1%66.1%211.6%195.5%91.9%70.8%

Long-Term Price Volatility Vs. Market

How volatile is MobileIron's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is MobileIron undervalued compared to its fair value and its price relative to the market?

38.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MOBL ($7.01) is trading below our estimate of fair value ($11.43)

Significantly Below Fair Value: MOBL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MOBL is unprofitable, so we can't compare its PE Ratio to the US Software industry average.

PE vs Market: MOBL is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MOBL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MOBL is overvalued based on its PB Ratio (29.6x) compared to the US Software industry average (7.8x).


Next Steps

Future Growth

How is MobileIron forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

-26.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MOBL is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MOBL is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MOBL is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MOBL's revenue (8.1% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: MOBL's revenue (8.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MOBL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has MobileIron performed over the past 5 years?

15.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MOBL is currently unprofitable.

Growing Profit Margin: MOBL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MOBL is unprofitable, but has reduced losses over the past 5 years at a rate of 15.6% per year.

Accelerating Growth: Unable to compare MOBL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MOBL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (8.9%).


Return on Equity

High ROE: MOBL has a negative Return on Equity (-161.59%), as it is currently unprofitable.


Next Steps

Financial Health

How is MobileIron's financial position?


Financial Position Analysis

Short Term Liabilities: MOBL's short term assets ($150.6M) exceed its short term liabilities ($126.9M).

Long Term Liabilities: MOBL's short term assets ($150.6M) exceed its long term liabilities ($32.7M).


Debt to Equity History and Analysis

Debt Level: MOBL is debt free.

Reducing Debt: MOBL had no debt 5 years ago.


Balance Sheet


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 MOBL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MOBL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 52.1% per year.


Next Steps

Dividend

What is MobileIron current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MOBL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MOBL'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 MOBL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MOBL'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 MOBL's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average management tenure


CEO

Simon Biddiscombe (53 yo)

3.08yrs

Tenure

US$3,087,611

Compensation

Mr. Simon Biddiscombe has been Chief Executive Officer and President of MobileIron, Inc. since October 17, 2017. Mr. Biddiscombe served as the Chief Financial Officer of MobileIron, Inc. since September 1,...


CEO Compensation Analysis

Compensation vs Market: Simon's total compensation ($USD3.09M) is about average for companies of similar size in the US market ($USD2.59M).

Compensation vs Earnings: Simon's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Simon Biddiscombe
President3.08yrsUS$3.09m0.45%
$ 3.8m
Scott Hill
Chief Financial Officer2.33yrsUS$1.40m0.17%
$ 1.4m
Brian Foster
Senior Vice President of Product Management1.83yrsUS$2.11m0.30%
$ 2.5m
Suresh Batchu
Co-Founder & Chief Technology Officerno dataUS$1.88mno data
Erik Bylin
Head of Investor Relationsno datano datano data
Andrew Hallin
General Counsel & Corporate Secretaryno datano datano data
Christof Baumgartner
Chief Revenue Officer & Interim Head of Worldwide Sales0.67yrno data0.15%
$ 1.3m
Jared Lucas
Chief People Officerno datano datano data
Dilip Patel
Senior Vice President of Customer Success4.5yrsno datano data

2.3yrs

Average Tenure

49yo

Average Age

Experienced Management: MOBL's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Simon Biddiscombe
President3.08yrsUS$3.09m0.45%
$ 3.8m
James Tolonen
Independent Director6.75yrsUS$231.68k0.15%
$ 1.2m
Kenneth Klein
Independent Director4.75yrsUS$223.56k0.12%
$ 1.0m
Tae Nahm
Independent Chairman6.58yrsUS$225.56k0.13%
$ 1.1m
Anjali Joshi
Independent Director1.17yrsUS$157.73k0.017%
$ 137.2k
Rishi Bajaj
Independent Director0.58yrno data0.0080%
$ 66.1k
Jessica Denecour
Independent Director3.67yrsUS$227.56k0.097%
$ 807.6k

3.7yrs

Average Tenure

60yo

Average Age

Experienced Board: MOBL's board of directors are considered experienced (3.7 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.9%.


Top Shareholders

Company Information

MobileIron, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MobileIron, Inc.
  • Ticker: MOBL
  • Exchange: NasdaqGS
  • Founded: 2007
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$831.276m
  • Shares outstanding: 118.58m
  • Website: https://www.mobileiron.com

Number of Employees


Location

  • MobileIron, Inc.
  • 401 East Middlefield Road
  • Mountain View
  • California
  • 94043
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MOBLNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDJun 2014
23MDB (Deutsche Boerse AG)YesCommon SharesDEEURJun 2014

Biography

MobileIron, Inc., together with its subsidiaries, provides mobile IT platform that enables enterprises to manage and secure mobile applications, content, and devices while offering their employees with dev...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/25 00:31
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.