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NLOK

NortonLifeLock NasdaqGS:NLOK Stock Report

Last Price

US$24.57

Market Cap

US$14.2b

7D

3.2%

1Y

-11.1%

Updated

25 May, 2022

Data

Company Financials +
NLOK fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance3/6
Financial Health2/6
Dividends3/6

NLOK Stock Overview

NortonLifeLock Inc. provides cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

NortonLifeLock Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NortonLifeLock
Historical stock prices
Current Share PriceUS$24.57
52 Week HighUS$30.92
52 Week LowUS$23.47
Beta0.94
1 Month Change-5.03%
3 Month Change-9.87%
1 Year Change-11.08%
3 Year Change29.25%
5 Year Change-18.94%
Change since IPO2,282.55%

Recent News & Updates

May 12
NortonLifeLock (NASDAQ:NLOK) Has Announced A Dividend Of US$0.13

NortonLifeLock (NASDAQ:NLOK) Has Announced A Dividend Of US$0.13

NortonLifeLock Inc.'s ( NASDAQ:NLOK ) investors are due to receive a payment of US$0.13 per share on 22nd of June. This...

May 09
Is NortonLifeLock Inc. (NASDAQ:NLOK) Potentially Undervalued?

Is NortonLifeLock Inc. (NASDAQ:NLOK) Potentially Undervalued?

NortonLifeLock Inc. ( NASDAQ:NLOK ) saw significant share price movement during recent months on the NASDAQGS, rising...

Shareholder Returns

NLOKUS SoftwareUS Market
7D3.2%3.4%1.0%
1Y-11.1%-14.3%-15.1%

Return vs Industry: NLOK exceeded the US Software industry which returned -15.5% over the past year.

Return vs Market: NLOK exceeded the US Market which returned -13.2% over the past year.

Price Volatility

Is NLOK's price volatile compared to industry and market?
NLOK volatility
NLOK Average Weekly Movement5.8%
Software Industry Average Movement10.9%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: NLOK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: NLOK's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19822,700Vincent Pilettehttps://www.nortonlifelock.com

NortonLifeLock Inc. provides cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers Norton 360, an integrated platform provides extensive cyber safety coverage and a subscription service providing protection for PCs, Macs, and mobile devices against malware, viruses, adware, ransomware, and other online threats on various platforms; and Norton and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers. The company also provides Norton Secure VPN solution, which enhances security and online privacy by providing an encrypted data tunnel; Privacy Monitor Assistant, an on-demand, white glove service where agents help members delete personal information from data brokers online; Home Title Protect product that detects fraud and notifies members; and Avira Security, a consumer-focused portfolio of cybersecurity and privacy solutions.

NortonLifeLock Fundamentals Summary

How do NortonLifeLock's earnings and revenue compare to its market cap?
NLOK fundamental statistics
Market CapUS$14.21b
Earnings (TTM)US$836.00m
Revenue (TTM)US$2.80b

17.0x

P/E Ratio

5.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NLOK income statement (TTM)
RevenueUS$2.80b
Cost of RevenueUS$408.00m
Gross ProfitUS$2.39b
Other ExpensesUS$1.55b
EarningsUS$836.00m

Last Reported Earnings

Apr 01, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.45
Gross Margin85.41%
Net Profit Margin29.90%
Debt/Equity Ratio-4,017.2%

How did NLOK perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

35%

Payout Ratio

Does NLOK pay a reliable dividends?

See NLOK dividend history and benchmarks
When do you need to buy NLOK by to receive an upcoming dividend?
NortonLifeLock dividend dates
Ex Dividend DateJun 07 2022
Dividend Pay DateJun 22 2022
Days until Ex dividend11 days
Days until Dividend pay date26 days

Does NLOK pay a reliable dividends?

See NLOK dividend history and benchmarks

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


38.5%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: NLOK ($24.57) is trading below our estimate of fair value ($39.96)

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


Price To Earnings Ratio

PE vs Industry: NLOK is good value based on its Price-To-Earnings Ratio (17x) compared to the US Software industry average (39.5x).

PE vs Market: NLOK is poor value based on its Price-To-Earnings Ratio (17x) compared to the US market (14.9x).


Price to Earnings Growth Ratio

PEG Ratio: NLOK is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: NLOK has negative assets, so we can't compare its Price-To-Book Ratio to the US Software industry average.


Future Growth

How is NortonLifeLock forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NLOK's forecast earnings growth (8.8% per year) is above the savings rate (1.9%).

Earnings vs Market: NLOK's earnings (8.8% per year) are forecast to grow slower than the US market (12.1% per year).

High Growth Earnings: NLOK's earnings are forecast to grow, but not significantly.

Revenue vs Market: NLOK's revenue (4.3% per year) is forecast to grow slower than the US market (7.7% per year).

High Growth Revenue: NLOK's revenue (4.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NLOK's Return on Equity is forecast to be very high in 3 years time (71.1%).


Past Performance

How has NortonLifeLock performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


25.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: NLOK has high quality earnings.

Growing Profit Margin: NLOK's current net profit margins (29.9%) are higher than last year (27.3%).


Past Earnings Growth Analysis

Earnings Trend: NLOK has become profitable over the past 5 years, growing earnings by 25.1% per year.

Accelerating Growth: NLOK's earnings growth over the past year (20.2%) is below its 5-year average (25.1% per year).

Earnings vs Industry: NLOK earnings growth over the past year (20.2%) underperformed the Software industry 27.1%.


Return on Equity

High ROE: NLOK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is NortonLifeLock's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: NLOK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: NLOK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: NLOK has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: NLOK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: NLOK's debt is well covered by operating cash flow (26.1%).

Interest Coverage: NLOK's interest payments on its debt are well covered by EBIT (9.7x coverage).


Balance Sheet


Dividend

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

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.04%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 26 2022Ex Dividend DateJun 07 2022Dividend Pay DateJun 22 202215 days from Ex DividendBuy in the next 11 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: NLOK's dividend (2.04%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: NLOK's dividend (2.04%) is low compared to the top 25% of dividend payers in the US market (4.06%).


Stability and Growth of Payments

Stable Dividend: NLOK has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: NLOK has only been paying a dividend for 9 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.7%), NLOK's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (29.9%), NLOK's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

2.4yrs

Average management tenure


CEO

Vincent Pilette (49 yo)

2.5yrs

Tenure

US$13,829,574

Compensation

Mr. Vincent Pilette serves as Director at NortonLifeLock Inc. since December 19, 2019. He serves as Chief Executive Officer of NortonLifeLock Inc. (formerly, Symantec Corporation) since November 8, 2019. M...


CEO Compensation Analysis

Compensation vs Market: Vincent's total compensation ($USD13.83M) is about average for companies of similar size in the US market ($USD13.26M).

Compensation vs Earnings: Insufficient data to compare Vincent's compensation with company performance.


Leadership Team

Experienced Management: NLOK's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: NLOK's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

NortonLifeLock Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: NortonLifeLock Inc.
  • Ticker: NLOK
  • Exchange: NasdaqGS
  • Founded: 1982
  • Industry: Systems Software
  • Sector: Software
  • Implied Market Cap: US$14.212b
  • Shares outstanding: 578.44m
  • Website: https://www.nortonlifelock.com

Number of Employees


Location

  • NortonLifeLock Inc.
  • 60 East Rio Salado Parkway
  • Suite 1000
  • Tempe
  • Arizona
  • 85281
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/25 00:00
End of Day Share Price2022/05/25 00:00
Earnings2022/04/01
Annual Earnings2022/04/01


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.