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Mimecast (Mimecast) Intrinsic Value: Projected FCF : $0.00 (As of May. 14, 2024)


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What is Mimecast Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-05-14), Mimecast's Intrinsic Value: Projected FCF is $0.00. The stock price of Mimecast is $79.92. Therefore, Mimecast's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for Mimecast's Intrinsic Value: Projected FCF or its related term are showing as below:

MIME's Price-to-Projected-FCF is not ranked *
in the Software industry.
Industry Median: 1.62
* Ranked among companies with meaningful Price-to-Projected-FCF only.

Mimecast Intrinsic Value: Projected FCF Historical Data

The historical data trend for Mimecast's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mimecast Intrinsic Value: Projected FCF Chart

Mimecast Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial - - - 5.93 11.86

Mimecast Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.99 11.86 13.10 14.30 15.82

Competitive Comparison of Mimecast's Intrinsic Value: Projected FCF

For the Software - Infrastructure subindustry, Mimecast's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mimecast's Price-to-Projected-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Mimecast's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Mimecast's Price-to-Projected-FCF falls into.



Mimecast Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Mimecast's Free Cash Flow(6 year avg) = $47.32.

Mimecast's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec21)*0.8)/Shares Outstanding (Diluted Average)
=(14.862653310476*47.31824+507.884*0.8)/70.133
=15.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mimecast  (NAS:MIME) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Mimecast's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=79.92/15.821108413755
=5.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mimecast Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Mimecast's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Mimecast (Mimecast) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1 Finsbury Avenue, London, GBR, EC2M 2PF
Mimecast Ltd is a provider of next generation cloud security and risk management services for email and corporate information. Its integrated suite of proprietary cloud services protects customers of all sizes from the business and data security risks they are exposed to through their email and other corporate systems. Its Email Security 3.0 and Cyber Resilience Extension offerings are designed to protect customers from rapidly changing security environment. Its Email Security 3.0 strategy addresses threats in three distinct zones: at the email perimeter (Zone 1); inside the network and the organization (Zone 2); and beyond the perimeter (Zone 3). Additionally, its Cyber Resilience Extensions expand resilience to other critical elements of an organization's digital infrastructure.
Executives
Karen M. Anderson officer: Chief Human Resources Officer C/O MIMECAST LTD., 191 SPRING STREET, LEXINGTON MA 02421
Potier Helene Auriol director C/O MIMECAST LIMITED 191 SPRING STREET LEXINGTON MA 02421
Bernd Leger officer: Chief Marketing Officer C/O MIMECAST LIMITED 191 SPRING STREET LEXINGTON MA 02421
David Raissipour officer: Chief Tech. & Product Officer C/O CARBONITE, INC. 2 AVENUE DE LAFAYETTE BOSTON MA 02111
Heather Bentley officer: SVP, Customer Success & Supp. C/O MIMECAST LIMITED 191 SPRING STREET LEXINGTON MA 02421
Neil Murray director CITYPOINT ONE ROPEMAKER STREET MOORGATE, LONDON X0 EC2Y9AW
Rafeal E. Brown officer: Chief Financial Officer 1 ROGERS STREET, CAMBRIDGE MA 02142
Robert P Nault officer: Sr. Vice President and GC C/O MIMECAST LIMITED, MIMECAST NA, INC. 191 SPRING STREET LEXINGTON MA 02421
Peter Bauer director, officer: Chief Executive Officer CITYPOINT, ONE ROPEMAKER STREET MOORGATE, LONDON X0 EC2Y 9AW
Michael Paisley officer: Chief Security & Res. Officer C/O MIMECAST LIMITED 191 SPRING STREET LEXINGTON MA 02421
Alpna J. Doshi director C/O MIMECAST LIMITED 191 SPRING STREET LEXINGTON MA 02421
Stephen M Ward director C/O MIMECAST LIMITED, MIMECAST NA, INC. 191 SPRING STREET LEXINGTON MA 02421
Shahriar Rafimayeri officer: Chief Information Officer C/O MIMECAST LIMITED 191 SPRING STREET LEXINGTON MA 02421
Christopher Fitzgerald director C/O MIMECAST LTD, MIMECAST NA INC. 191 SPRING STREET LEXINGTON MA 02421
Hagi Schwartz director C/O MIMECAST LIMITED, MIMECAST NA, INC., 191 SPRING STREET, LEXINGTON MA 02421