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SailPoint Technologies Holdings

NYSE:SAIL
Snowflake Description

Flawless balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SAIL
NYSE
$3B
Market Cap
  1. Home
  2. US
  3. Software
Company description

SailPoint Technologies Holdings, Inc. designs, develops, and markets identity governance software solutions in North America, Europe, and the Asia Pacific. The last earnings update was 3 days ago. More info.


Add to Portfolio Compare Print
  • SailPoint Technologies Holdings has significant price volatility in the past 3 months.
SAIL Share Price and Events
7 Day Returns
2.2%
NYSE:SAIL
2.4%
US Software
1.2%
US Market
1 Year Returns
39.7%
NYSE:SAIL
25.6%
US Software
3%
US Market
SAIL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SailPoint Technologies Holdings (SAIL) 2.2% -5.9% 38.5% 39.7% - -
US Software 2.4% 5.5% 19.8% 25.6% 110.4% 139.4%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • SAIL outperformed the Software industry which returned 25.6% over the past year.
  • SAIL outperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

SAIL Value

 Is SailPoint Technologies Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of SailPoint Technologies Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for SailPoint Technologies Holdings.

NYSE:SAIL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:SAIL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.141 (1 + (1- 21%) (0%))
1.094
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.094 * 5.96%)
9.25%

Discounted Cash Flow Calculation for NYSE:SAIL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for SailPoint Technologies Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:SAIL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.25%)
2019 43.82 Analyst x6 40.11
2020 55.92 Analyst x6 46.85
2021 85.70 Analyst x1 65.72
2022 120.00 Analyst x1 84.23
2023 161.00 Analyst x1 103.44
2024 195.23 Est @ 21.26% 114.81
2025 225.88 Est @ 15.7% 121.58
2026 252.56 Est @ 11.81% 124.43
2027 275.50 Est @ 9.09% 124.24
2028 295.28 Est @ 7.18% 121.88
Present value of next 10 years cash flows $947.28
NYSE:SAIL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $295.28 × (1 + 2.73%) ÷ (9.25% – 2.73%)
$4,651.06
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $4,651.06 ÷ (1 + 9.25%)10
$1,919.81
NYSE:SAIL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $947.28 + $1,919.81
$2,867.09
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,867.09 / 88.53
$32.39
NYSE:SAIL Discount to Share Price
Calculation Result
Value per share (USD) From above. $32.39
Current discount Discount to share price of $29.62
= -1 x ($29.62 - $32.39) / $32.39
8.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price SailPoint Technologies Holdings is available for.
Intrinsic value
9%
Share price is $29.62 vs Future cash flow value of $32.39
Current Discount Checks
For SailPoint Technologies Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • SailPoint Technologies Holdings's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • SailPoint Technologies Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SailPoint Technologies Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SailPoint Technologies Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:SAIL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.04
NYSE:SAIL Share Price ** NYSE (2019-03-20) in USD $29.62
United States of America Software Industry PE Ratio Median Figure of 84 Publicly-Listed Software Companies 53.03x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SailPoint Technologies Holdings.

NYSE:SAIL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:SAIL Share Price ÷ EPS (both in USD)

= 29.62 ÷ 0.04

703.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SailPoint Technologies Holdings is overvalued based on earnings compared to the US Software industry average.
  • SailPoint Technologies Holdings is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does SailPoint Technologies Holdings's expected growth come at a high price?
Raw Data
NYSE:SAIL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 703.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
Not available
United States of America Software Industry PEG Ratio Median Figure of 66 Publicly-Listed Software Companies 3.6x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for SailPoint Technologies Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SailPoint Technologies Holdings's assets?
Raw Data
NYSE:SAIL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $4.32
NYSE:SAIL Share Price * NYSE (2019-03-20) in USD $29.62
United States of America Software Industry PB Ratio Median Figure of 220 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
NYSE:SAIL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:SAIL Share Price ÷ Book Value per Share (both in USD)

= 29.62 ÷ 4.32

6.86x

* Primary Listing of SailPoint Technologies Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SailPoint Technologies Holdings is overvalued based on assets compared to the US Software industry average.
X
Value checks
We assess SailPoint Technologies Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. SailPoint Technologies Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SAIL Future Performance

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

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-55%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is SailPoint Technologies Holdings expected to grow at an attractive rate?
  • SailPoint Technologies Holdings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • SailPoint Technologies Holdings's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • SailPoint Technologies Holdings's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:SAIL Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:SAIL Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts -55%
NYSE:SAIL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 16.5%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 16.1%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:SAIL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:SAIL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 426 51 2
2020-12-31 353 67 11
2019-12-31 298 55 -5 11
NYSE:SAIL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 249 38 4
2018-09-30 238 46 -6
2018-06-30 216 42 -21
2018-03-31 200 30 -26
2017-12-31 186 22 -29
2017-09-30 163 8 -34
2017-06-30 150 8 -24
2017-03-31 140 13 -22
2016-12-31 132 7 -27

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SailPoint Technologies Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • SailPoint Technologies Holdings's revenue is expected to grow by 16.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:SAIL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from SailPoint Technologies Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SAIL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31 0.02 0.02 0.01 2.00
2019-12-31 -0.02 -0.01 -0.03 2.00
NYSE:SAIL Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.04
2018-09-30 -0.07
2018-06-30 -0.30
2018-03-31 -0.42
2017-12-31 -0.55
2017-09-30 -0.71
2017-06-30 -0.52
2017-03-31 -0.47
2016-12-31 -0.58

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • SailPoint Technologies Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess SailPoint Technologies Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SailPoint Technologies Holdings has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SAIL Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SailPoint Technologies Holdings's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if SailPoint Technologies Holdings's year on year earnings growth rate was positive over the past 5 years.
  • SailPoint Technologies Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • SailPoint Technologies Holdings has become profitable in the last year making it difficult to compare the US Software industry average.
Earnings and Revenue History
SailPoint Technologies Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SailPoint Technologies Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SAIL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 248.92 3.64 140.18 43.15
2018-09-30 238.46 -6.06 135.37 41.35
2018-06-30 215.60 -21.16 122.58 38.32
2018-03-31 200.30 -26.24 111.46 36.17
2017-12-31 186.06 -28.72 98.19 33.33
2017-09-30 162.64 -33.79 82.97 29.97
2017-06-30 150.25 -24.24 75.49 27.70
2017-03-31 140.43 -21.63 70.44 25.79
2016-12-31 132.41 -26.79 68.29 24.36
2015-12-31 95.36 -32.40 54.31 19.97

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • SailPoint Technologies Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SailPoint Technologies Holdings used its assets less efficiently than the US Software industry average last year based on Return on Assets.
  • SailPoint Technologies Holdings has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess SailPoint Technologies Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SailPoint Technologies Holdings has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SAIL Health

 How is SailPoint Technologies Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up SailPoint Technologies Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SailPoint Technologies Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SailPoint Technologies Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SailPoint Technologies Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • SailPoint Technologies Holdings has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SailPoint Technologies Holdings Company Filings, last reported 2 months ago.

NYSE:SAIL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 377.69 0.00 70.96
2018-09-30 335.56 9.67 83.32
2018-06-30 326.99 9.64 81.81
2018-03-31 327.68 68.32 130.86
2017-12-31 328.40 68.33 116.05
2017-09-30 146.86 156.44 19.79
2017-06-30 153.22 156.10 20.88
2017-03-31 207.79 107.45 24.56
2016-12-31 210.10 107.34 18.21
2015-12-31 211.04 109.77 14.90
  • SailPoint Technologies Holdings has no debt.
  • SailPoint Technologies Holdings currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • SailPoint Technologies Holdings has no debt, it does not need to be covered by operating cash flow.
  • SailPoint Technologies Holdings has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess SailPoint Technologies Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SailPoint Technologies Holdings has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SAIL Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from SailPoint Technologies Holdings dividends. Estimated to be 0% next year.
If you bought $2,000 of SailPoint Technologies Holdings shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate SailPoint Technologies Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate SailPoint Technologies Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:SAIL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 24 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:SAIL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 1.00
2020-12-31 0.00 2.00
2019-12-31 0.00 2.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as SailPoint Technologies Holdings has not reported any payouts.
  • Unable to verify if SailPoint Technologies Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of SailPoint Technologies Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as SailPoint Technologies Holdings has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of SailPoint Technologies Holdings's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess SailPoint Technologies Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SailPoint Technologies Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SailPoint Technologies Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SAIL Management

 What is the CEO of SailPoint Technologies Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark McClain
COMPENSATION $4,874,024
AGE 56
TENURE AS CEO 13.3 years
CEO Bio

Mr. Mark 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 as its Chief Executive Officer. He co-founded SailPoint Technologies Holdings, Inc. in December 2005. Mr. McClain co-founded Waveset Technologies, Inc. in 2000 and served as its President. He is an Operating Advisor at Elsewhere Partners. After Waveset was acquired by Sun Microsystems in 2003, he served as Vice President of Software Marketing for Sun software. Mr. McClain has diverse experience in international sales and marketing with Hewlett-Packard, IBM and Tivoli Systems. He has almost 20 years of experience developing and leading innovative technology companies that have operated in the identity management market. He has industry expertise. He has been Chairman and Director of Austin Technology Council since February 2015 and October 2011, respectively. He has been a Director of SailPoint Technologies Holdings, Inc. since December 2005. He has been a Director of Vyopta Incorporated since November 17, 2016. He is an Entrepreneur-in-Residence of Austin Ventures. He is a co-trustee for each of the McClain Charitable Remainder Unitrust, McClain RHD 2015 Trust, McClain ADM 2015 Trust and McClain GMM 2015 Trust. At SailPoint, Mr. McClain received a series of awards for his excellence in leadership including Austin Business Journal's 2013 Best CEO in Austin and the 2015 EY Entrepreneur of the year. Mr. McClain holds a B.A. in Economics from Point Loma Nazarene University and an M.B.A. from the University of California, Los Angeles.

CEO Compensation
  • Mark's compensation has increased in line with SailPoint Technologies Holdings recently becoming profitable.
  • Mark's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the SailPoint Technologies Holdings management team in years:

4.8
Average Tenure
56
Average Age
  • The tenure for the SailPoint Technologies Holdings management team is about average.
Management Team

Mark McClain

TITLE
Co-Founder
COMPENSATION
$5M
AGE
56
TENURE
13.3 yrs

Cam McMartin

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
61
TENURE
8.2 yrs

Howard Greenfield

TITLE
Chief Revenue Officer
COMPENSATION
$2M
AGE
53
TENURE
1.4 yrs

Darran Rolls

TITLE
CTO & CISO

Kevin Hansel

TITLE
Chief Information Officer

Josh Harding

TITLE
Vice President of Financial Planning

Chris Schmitt

TITLE
General Counsel & Secretary

Andrew Kahl

TITLE
Chief Customer Officer
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the SailPoint Technologies Holdings board of directors in years:

2.8
Average Tenure
54.5
Average Age
  • The average tenure for the SailPoint Technologies Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bill Bock

TITLE
Chairman of the Board of Directors
COMPENSATION
$123K
AGE
67
TENURE
0.5 yrs

Mark McClain

TITLE
Co-Founder
COMPENSATION
$5M
AGE
56
TENURE
13.3 yrs

Mike Sullivan

TITLE
Independent Director
COMPENSATION
$118K
AGE
53
TENURE
1.3 yrs

Jim Pflaging

TITLE
Non-Employee Director
COMPENSATION
$122K
AGE
56
TENURE
4.2 yrs

Chip Virnig

TITLE
Non-Employee Director
COMPENSATION
$104K
AGE
34
TENURE
4.5 yrs

Heidi Melin

TITLE
Director
AGE
53
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
23. Aug 18 Sell Thoma Bravo, LLC Company 20. Aug 18 20. Aug 18 -15,812,500 $27.26 $-431,034,519
17. Aug 18 Sell J. McMartin Individual 16. Aug 18 16. Aug 18 -75,000 $28.35 $-2,125,965
01. Jun 18 Sell Thoma Bravo, LLC Company 29. May 18 29. May 18 -20,479,200 $21.66 $-443,655,245
X
Management checks
We assess SailPoint Technologies Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SailPoint Technologies Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SAIL News

Simply Wall St News

Is SailPoint Technologies Holdings, Inc. (NYSE:SAIL) As Strong As Its Balance Sheet Indicates?

Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like SailPoint Technologies Holdings, Inc. … Today we will look at SAIL’s financial liquidity and debt levels, which are strong indicators for whether the company can weather economic downturns or fund strategic acquisitions for future growth. … See our latest analysis for SailPoint Technologies Holdings

Simply Wall St -

How Much Of SailPoint Technologies Holdings, Inc. (NYSE:SAIL) Do Insiders Own?

A look at the shareholders of SailPoint Technologies Holdings, Inc. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … SailPoint Technologies Holdings isn't enormous, but it's not particularly small either.

Simply Wall St -

All You Need To Know About SailPoint Technologies Holdings Inc's (NYSE:SAIL) Financial Health

Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as SailPoint Technologies Holdings Inc (NYSE:SAIL), with a market cap of US$2.3b, often get neglected by retail investors. … Let’s take a look at SAIL’s debt concentration and assess their financial liquidity to get an idea of their ability to fund strategic acquisitions and grow through cyclical pressures. … See our latest analysis for SailPoint Technologies Holdings

Simply Wall St -

SailPoint Technologies Holdings Inc (NYSE:SAIL): Exploring Free Cash Flows

SailPoint Technologies Holdings Inc (NYSE:SAIL) shareholders, and potential investors, need to understand how much cash the business makes from its core operational activities, as well as how much is invested back into the business. … I’ve analysed below, the health and outlook of SailPoint Technologies Holdings’s cash flow, which will help you understand the stock from a cash standpoint. … Free cash flow (FCF) is the amount of cash SailPoint Technologies Holdings has left after it pays off its expenses, including its net capital expenditures, which is what the company needs to spend each year to maintain or grow its business operations.

Simply Wall St -

Top Growth Stocks To Buy

Profit growth, coupled with top-line expansion, is a positive indication. … XENT’s projected future profit growth is an exceptional 72.28%, with an underlying 57.90% growth from its revenues expected over the upcoming years. … AMEX:GLF Future Profit Jun 6th 18 For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.

Simply Wall St -

Is SailPoint Technologies Holdings Inc's (NYSE:SAIL) Balance Sheet Strong Enough To Weather A Storm?

At this constant level of debt, the current cash and short-term investment levels stands at $18.2M for investing into the business. … On top of this, SAIL has produced $6.5M in operating cash flow in the last twelve months, resulting in an operating cash to total debt ratio of 6.09%, signalling that SAIL’s debt is not appropriately covered by operating cash. … At its current level of cash flow coverage, SAIL has room for improvement to better cushion for events which may require debt repayment.

Simply Wall St -

SailPoint Technologies Holdings Inc (NYSE:SAIL): Does -14.5% EPS Drop In A Year Reflect The Long-Term Trend?

In this article, I will take a look at SailPoint Technologies Holdings Inc's (NYSE:SAIL) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … View our latest analysis for SailPoint Technologies Holdings Commentary On SAIL's Past Performance I prefer to use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … For SailPoint Technologies Holdings, the most recent twelve-month earnings -$33.8M, which, relative to the prior year's level, has become more negative.

Simply Wall St -

SAIL Company Info

Description

SailPoint Technologies Holdings, Inc. designs, develops, and markets identity governance software solutions in North America, Europe, and the Asia Pacific. The company offers on-premises software and cloud-based solutions, which empower organizations to govern the digital identities of employees, contractors, business partners, and other users, as well as manage their constantly changing access rights to enterprise applications and data across hybrid IT environments. Its solutions include IdentityIQ, an on-premises identity governance solution; IdentityNow, a cloud-based multi-tenant governance platform; IdentityIQ File Access Manager that secures access to data stored in file servers, collaboration portals, mailboxes, and cloud storage systems; and IdentityAI, a cloud-based identity analytics solution for organizations to detect potential threats before they turn into security breaches. The company sells its products and solutions to commercial enterprises, educational institutions, and governments directly, as well as through system integrators, technology partners, and value-added resellers. SailPoint Technologies Holdings, Inc. was founded in 2004 and is headquartered in Austin, Texas.

Details
Name: SailPoint Technologies Holdings, Inc.
SAIL
Exchange: NYSE
Founded: 2004
$2,622,136,595
88,525,881
Website: http://www.sailpoint.com
Address: SailPoint Technologies Holdings, Inc.
11120 Four Points Drive,
Suite 100,
Austin,
Texas, 78726,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE SAIL Common Stock New York Stock Exchange US USD 17. Nov 2017
BST SV7 Common Stock Boerse-Stuttgart DE EUR 17. Nov 2017
Number of employees
Current staff
Staff numbers
1,003
SailPoint Technologies Holdings employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 01:10
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/11
Last earnings filing: 2019/03/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.