SecureWorks Corp., through its subsidiaries, provides technology-driven information security solutions for protecting its customers from cyber attacks in the United States and internationally. More Details
Flawless balance sheet and fair value.
Share Price & News
How has SecureWorks's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SCWX's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SCWX underperformed the US Software industry which returned 46.8% over the past year.
Return vs Market: SCWX underperformed the US Market which returned 12% over the past year.
Price Volatility Vs. Market
How volatile is SecureWorks's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHow Much Is SecureWorks' (NASDAQ:SCWX) CEO Getting Paid?
1 month ago | Simply Wall StSecureWorks Corp.'s (NASDAQ:SCWX) Intrinsic Value Is Potentially 56% Above Its Share Price
2 months ago | Simply Wall StDid SecureWorks Corp. (NASDAQ:SCWX) Insiders Sell Shares?
Is SecureWorks 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: SCWX ($10.4) is trading below our estimate of fair value ($18.86)
Significantly Below Fair Value: SCWX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SCWX is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: SCWX 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 SCWX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SCWX is good value based on its PB Ratio (1.3x) compared to the US Software industry average (6.9x).
How is SecureWorks forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SCWX is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SCWX is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SCWX is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SCWX's revenue (5.8% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: SCWX's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SCWX's Return on Equity is forecast to be low in 3 years time (3.1%).
How has SecureWorks performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SCWX is currently unprofitable.
Growing Profit Margin: SCWX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SCWX is unprofitable, but has reduced losses over the past 5 years at a rate of 21.7% per year.
Accelerating Growth: Unable to compare SCWX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SCWX is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (15.7%).
Return on Equity
High ROE: SCWX has a negative Return on Equity (-3.29%), as it is currently unprofitable.
How is SecureWorks's financial position?
Financial Position Analysis
Short Term Liabilities: SCWX's short term assets ($318.7M) exceed its short term liabilities ($273.6M).
Long Term Liabilities: SCWX's short term assets ($318.7M) exceed its long term liabilities ($82.6M).
Debt to Equity History and Analysis
Debt Level: SCWX is debt free.
Reducing Debt: SCWX has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
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 SCWX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SCWX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 59.6% per year.
What is SecureWorks's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SCWX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SCWX'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 SCWX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SCWX'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 SCWX'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
Mike Cote (59 yo)
Mr. Michael R. Cote, also known as Mike, serves as Director at ExtraHop Networks, Inc. since March 2019. He has been the Chief Executive Officer of SecureWorks Corp. since May 2015 and served as its Presid ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD4.48M) is above average for companies of similar size in the US market ($USD2.96M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
|CEO & Director||5.42yrs||US$4.48m||1.51% |
|Chief Financial Officer||1.75yrs||US$3.56m||no data|
|Chief Operating Officer||3.75yrs||no data||no data|
|VP & Chief Accounting Officer||0.42yr||no data||0.0038% |
|Chief Technology Officer||no data||no data||no data|
|Chief Legal & Administrative Officer||no data||no data||no data|
|Director of Media Relations||no data||no data||no data|
|Chief Marketing Officer||1yr||no data||no data|
|Chief Sales Officer||1.75yrs||no data||no data|
|Chief Threat Intelligence Officer||3.75yrs||no data||no data|
|President of Customer Success||2.58yrs||no data||0.39% |
|Chief Product Officer||no data||no data||no data|
Experienced Management: SCWX's management team is considered experienced (2.2 years average tenure).
|CEO & Director||5.42yrs||US$4.48m||1.51% |
|Independent Director||4yrs||US$228.99k||0.064% |
|Non-Executive Chairman||4.83yrs||no data||no data|
|Independent Director||4.42yrs||US$270.49k||0.18% |
|Independent Director||4.42yrs||US$278.49k||0.12% |
|Director||0.42yr||no data||no data|
Experienced Board: SCWX'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 not been meaningfully diluted in the past year.
SecureWorks Corp.'s company bio, employee growth, exchange listings and data sources
- Name: SecureWorks Corp.
- Ticker: SCWX
- Exchange: NasdaqGS
- Founded: 1999
- Industry: Systems Software
- Sector: Software
- Market Cap: US$854.766m
- Shares outstanding: 82.19m
- Website: https://www.secureworks.com
Number of Employees
- SecureWorks Corp.
- One Concourse Parkway NE
- Suite 500
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SCWX||NasdaqGS (Nasdaq Global Select)||Yes||Class A Common Stock||US||USD||Apr 2016|
|07S||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Apr 2016|
SecureWorks Corp., through its subsidiaries, provides technology-driven information security solutions for protecting its customers from cyber attacks in the United States and internationally. The company’ ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/31 00:08|
|End of Day Share Price||2020/10/30 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.