SecureWorks Corp.

NasdaqGS:SCWX Stock Report

Market Cap: US$743.1m

SecureWorks Valuation

Is SCWX 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: SCWX ($8.39) is trading above our estimate of fair value ($0.31)

Significantly Below Fair Value: SCWX is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As SCWX is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SCWX. This is calculated by dividing SCWX's market cap by their current revenue.
What is SCWX's PS Ratio?
PS Ratio2.2x
SalesUS$346.35m
Market CapUS$743.12m

Price to Sales Ratio vs Peers

How does SCWX's PS Ratio compare to its peers?

The above table shows the PS ratio for SCWX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.8x
ADEA Adeia
3.8x11.4%US$1.3b
RDWR Radware
3.6x6.8%US$973.4m
OSPN OneSpan
2.8x3.8%US$671.3m
ATEN A10 Networks
4.8x7.8%US$1.2b
SCWX SecureWorks
2.2x1.7%US$743.1m

Price-To-Sales vs Peers: SCWX is good value based on its Price-To-Sales Ratio (2.2x) compared to the peer average (3.8x).

Price to Sales Ratio vs Industry

How does SCWX's PS Ratio compare vs other companies in the US Software Industry?

81 CompaniesPrice / SalesEstimated GrowthMarket Cap
VYX NCR Voyix
0.6x-23.2%US$2.13b
PGY Pagaya Technologies
0.7x15.8%US$704.88m
XPER Xperi
0.8x1.8%US$390.02m
EGHT 8x8
0.6x1.1%US$385.45m
SCWX 2.2xIndustry Avg. 5.3xNo. of Companies81PS048121620+
81 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SCWX is good value based on its Price-To-Sales Ratio (2.2x) compared to the US Software industry average (5.3x).

Price to Sales Ratio vs Fair Ratio

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

SCWX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.2x
Fair PS Ratio1.9x

Price-To-Sales vs Fair Ratio: SCWX is expensive based on its Price-To-Sales Ratio (2.2x) compared to the estimated Fair Price-To-Sales Ratio (1.9x).

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 SCWX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$8.39
US$8.22
-2.1%
14.8%US$9.43US$7.00n/a2
Nov ’25US$8.37
US$8.22
-1.9%
14.8%US$9.43US$7.00n/a2
Oct ’25US$8.08
US$7.40
-8.5%
22.7%US$9.43US$4.90n/a4
Sep ’25US$8.34
US$7.15
-14.3%
25.0%US$9.43US$4.90n/a4
Aug ’25US$7.92
US$6.38
-19.4%
21.8%US$8.25US$4.90n/a3
Jul ’25US$6.90
US$6.38
-7.5%
21.8%US$8.25US$4.90n/a3
Jun ’25US$5.83
US$6.38
+9.5%
21.8%US$8.25US$4.90n/a3
May ’25US$6.08
US$6.38
+5.0%
21.8%US$8.25US$4.90n/a3
Apr ’25US$6.16
US$6.38
+3.6%
21.8%US$8.25US$4.90n/a3
Mar ’25US$6.75
US$6.38
-5.4%
21.8%US$8.25US$4.90n/a3
Feb ’25US$7.11
US$6.38
-10.2%
21.8%US$8.25US$4.90n/a3
Jan ’25US$7.38
US$6.72
-9.0%
20.6%US$8.25US$4.90n/a3
Dec ’24US$5.82
US$7.08
+21.7%
13.0%US$8.25US$6.00n/a3
Nov ’24US$5.54
US$7.08
+27.9%
13.0%US$8.25US$6.00US$8.373
Oct ’24US$6.21
US$7.08
+14.1%
13.0%US$8.25US$6.00US$8.083
Sep ’24US$7.07
US$7.83
+10.8%
13.1%US$9.00US$6.50US$8.343
Aug ’24US$7.72
US$7.83
+1.5%
13.1%US$9.00US$6.50US$7.923
Jul ’24US$7.23
US$7.83
+8.3%
13.1%US$9.00US$6.50US$6.903
Jun ’24US$8.25
US$8.33
+1.0%
5.7%US$9.00US$8.00US$5.833
May ’24US$9.25
US$8.33
-9.9%
5.7%US$9.00US$8.00US$6.083
Apr ’24US$8.57
US$8.33
-2.8%
5.7%US$9.00US$8.00US$6.163
Mar ’24US$7.69
US$8.67
+12.7%
5.4%US$9.00US$8.00US$6.753
Feb ’24US$8.29
US$8.67
+4.5%
5.4%US$9.00US$8.00US$7.113
Jan ’24US$6.39
US$8.67
+35.6%
5.4%US$9.00US$8.00US$7.383
Dec ’23US$7.02
US$9.67
+37.7%
17.6%US$12.00US$8.00US$5.823
Nov ’23US$7.77
US$11.33
+45.9%
4.2%US$12.00US$11.00US$5.543

Analyst Forecast: Target price is lower than the current share price.

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