company background image
SAIL

SailPoint Technologies Holdings NYSE:SAIL Stock Report

Last Price

US$65.24

Market Cap

US$6.2b

7D

1.5%

1Y

49.7%

Updated

16 Aug, 2022

Data

Company Financials +

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.
SAIL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health4/6
Dividends0/6

SAIL Stock Overview

SailPoint Technologies Holdings, Inc. provides enterprise identity security solutions in the United States, Europe, the Middle East, Africa, and internationally.

SailPoint Technologies Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SailPoint Technologies Holdings
Historical stock prices
Current Share PriceUS$65.24
52 Week HighUS$65.24
52 Week LowUS$34.98
Beta1.4
1 Month Change2.53%
3 Month Change5.67%
1 Year Change49.74%
3 Year Change194.67%
5 Year Changen/a
Change since IPO401.85%

Recent News & Updates

Jun 30

SailPoint Technologies shareholders approve acquisition by Thoma Bravo

The shareholders of SailPoint Technologies Holdings (NYSE:SAIL) have approved a pending acquisition by software investment firm Thoma Bravo. As part of the merger agreement, SailPoint shareholders will receive $65.25 in cash per share. The transaction is expected to close in H2, subject to customary closing conditions. After the completion of the acquisition, SailPoint's shares will cease to trade on NYSE. SAIL shares were trading +0.21% post-market. Source: Press Release

Jun 14

Golden Age Of Merger Arb: SailPoint

Time to put money to work. Merger arb spreads are wide. Here’s another you can buy today.

Shareholder Returns

SAILUS SoftwareUS Market
7D1.5%-4.4%-5.2%
1Y49.7%-35.3%-23.1%

Return vs Industry: SAIL exceeded the US Software industry which returned -14.7% over the past year.

Return vs Market: SAIL exceeded the US Market which returned -9.6% over the past year.

Price Volatility

Is SAIL's price volatile compared to industry and market?
SAIL volatility
SAIL Average Weekly Movement2.1%
Software Industry Average Movement9.0%
Market Average Movement6.9%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.8%

Stable Share Price: SAIL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: SAIL's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20041,676Mark McClainhttps://www.sailpoint.com

SailPoint Technologies Holdings, Inc. provides enterprise identity security solutions in the United States, Europe, the Middle East, Africa, and internationally. The company offers software as a service (SaaS) and software platforms, which provide organizations visibility and the intelligence required to empower users and manage their access to systems, applications, and data across hybrid information technology environments, spanning on-premises, cloud and mobile applications, and file storage platforms. Its solutions include IdentityNow, a cloud-based multi-tenant identity security platform; IdentityIQ, an on-premises identity security solution; and SailPoint Identity Services, a multi-tenant SaaS subscription service.

SailPoint Technologies Holdings Fundamentals Summary

How do SailPoint Technologies Holdings's earnings and revenue compare to its market cap?
SAIL fundamental statistics
Market CapUS$6.19b
Earnings (TTM)-US$92.06m
Revenue (TTM)US$495.41m

12.5x

P/S Ratio

-67.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SAIL income statement (TTM)
RevenueUS$495.41m
Cost of RevenueUS$137.42m
Gross ProfitUS$357.99m
Other ExpensesUS$450.04m
Earnings-US$92.06m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.97
Gross Margin72.26%
Net Profit Margin-18.58%
Debt/Equity Ratio101.0%

How did SAIL perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SAIL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

SAIL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue12.5x
Enterprise Value/EBITDA-103.3x
PEG Ration/a

Price to Sales Ratio vs Peers

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

SAIL PS Ratio vs Peers
The above table shows the PS ratio for SAIL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average11.8x
QLYS Qualys
12.1x14.1%US$5.4b
TENB Tenable Holdings
6.3x18.0%US$3.9b
CYBR CyberArk Software
11x21.2%US$5.9b
MNDY monday.com
13.1x29.0%US$5.4b
SAIL SailPoint Technologies Holdings
12.5x19.6%US$6.2b

Price-To-Sales vs Peers: SAIL is expensive based on its Price-To-Sales Ratio (12.5x) compared to the peer average (11.8x).


Price to Earnings Ratio vs Industry

How does SAIL's PE Ratio compare vs other companies in the US Software Industry?

Price-To-Sales vs Industry: SAIL is expensive based on its Price-To-Sales Ratio (12.5x) compared to the US Software industry average (5.3x)


Price to Sales Ratio vs Fair Ratio

What is SAIL'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.

SAIL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio12.5x
Fair PS Ratio8.9x

Price-To-Sales vs Fair Ratio: SAIL is expensive based on its Price-To-Sales Ratio (12.5x) compared to the estimated Fair Price-To-Sales Ratio (8.9x).


Share Price vs Fair Value

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

Below Fair Value: SAIL ($65.24) is trading below our estimate of fair value ($88.02)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Future Growth

How is SailPoint Technologies Holdings forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: SAIL's revenue (19.6% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: SAIL's revenue (19.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SAIL's Return on Equity is forecast to be low in 3 years time (6.9%).


Discover growth companies

Past Performance

How has SailPoint Technologies Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-38.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SAIL is currently unprofitable.

Growing Profit Margin: SAIL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SAIL is unprofitable, and losses have increased over the past 5 years at a rate of 38.5% per year.

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

Earnings vs Industry: SAIL is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.7%).


Return on Equity

High ROE: SAIL has a negative Return on Equity (-24.08%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is SailPoint Technologies Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SAIL's short term assets ($638.1M) do not cover its short term liabilities ($685.5M).

Long Term Liabilities: SAIL's short term assets ($638.1M) exceed its long term liabilities ($58.8M).


Debt to Equity History and Analysis

Debt Level: SAIL has more cash than its total debt.

Reducing Debt: SAIL's debt to equity ratio has reduced from 101.9% to 101% over the past 5 years.


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: SAIL has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SAIL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Discover healthy companies

Dividend

What is SailPoint Technologies Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SAIL's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SAIL has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.3yrs

Average management tenure


CEO

Mark McClain (60 yo)

16.67yrs

Tenure

US$7,430,530

Compensation

Mr. Mark D. McClain, TTEE, has been the Chief Executive Officer of SailPoint Technologies Holdings, Inc. since December 2005. Mr. McClain co-founded SailPoint Technologies, Inc. in December 2005 and serves...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD7.43M) is about average for companies of similar size in the US market ($USD8.11M).

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


Leadership Team

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


Board Members

Experienced Board: SAIL's board of directors are considered experienced (3.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2%.


Top Shareholders

Top 25 shareholders own 64.87% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
11.9%
BlackRock, Inc.
11,282,874$736.1m-1.33%0.02%
9.73%
The Vanguard Group, Inc.
9,223,322$601.7m1.68%0.01%
9.66%
HMI Capital Management, L.P.
9,157,172$597.4m0%17.72%
3.03%
State Street Global Advisors, Inc.
2,872,705$187.4m0%0.01%
2.55%
Citadel Advisors LLC
2,418,479$157.8m0%0.22%
2.31%
Eminence Capital, LP
2,189,717$142.9m0%2.44%
2.03%
JPMorgan Chase & Co, Brokerage and Securities Investments
1,926,944$125.7m9021.63%0.11%
1.96%
Deutsche Asset & Wealth Management
1,859,184$121.3m735.42%0.04%
1.92%
Segantii Capital Management Limited
1,825,000$119.1m0%3.77%
1.91%
Renaissance Technologies LLC
1,808,400$118.0m7901.77%0.13%
1.74%
Fidelity International Ltd
1,648,900$107.6m0%0.05%
1.68%
Geode Capital Management, LLC
1,590,615$103.8m0.48%0.01%
1.63%
Greenvale Capital LP
1,550,000$101.1m0%13.49%
1.57%
Point72 Asset Management, L.P.
1,485,638$96.9m0%0.28%
1.42%
Columbia Management Investment Advisers, LLC
1,348,741$88.0m0%0.02%
1.28%
Northern Trust Global Investments
1,215,963$79.3m-1.51%0.01%
1.08%
Janus Henderson Group plc
1,022,207$66.7m0%0.03%
1.06%
BNY Mellon Asset Management
1,006,614$65.7m0%0.01%
1.06%
Alpine Associates Advisors
1,000,800$65.3m0%2.97%
0.96%
Mirae Asset Global Investments Co., Ltd
905,799$59.1m-10.05%0.09%
0.94%
Mark McClain
887,030$57.9m-11.04%no data
0.91%
SQN Investors LP
862,305$56.3m0%6.93%
0.87%
FMR LLC
821,903$53.6m-16.47%no data
0.86%
Healthcare of Ontario Pension Plan Trust Fund
819,000$53.4m1505.88%0.22%
0.82%
Legal & General Investment Management Limited
775,207$50.6m0%0.02%

Company Information

SailPoint Technologies Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: SailPoint Technologies Holdings, Inc.
  • Ticker: SAIL
  • Exchange: NYSE
  • Founded: 2004
  • Industry: Systems Software
  • Sector: Software
  • Implied Market Cap: US$6.186b
  • Shares outstanding: 94.81m
  • Website: https://www.sailpoint.com

Number of Employees


Location

  • SailPoint Technologies Holdings, Inc.
  • 11120 Four Points Drive
  • Suite 100
  • Austin
  • Texas
  • 78726
  • United States


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SV7BST (Boerse-Stuttgart)YesCommon StockDEEURNov 2017
SAILNYSE (New York Stock Exchange)YesCommon StockUSUSDNov 2017
SV7DB (Deutsche Boerse AG)YesCommon StockDEEURNov 2017

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/16 00:00
End of Day Share Price2022/08/15 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.