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General information

Country: UNITED STATES

Sector: Software — Infrastructure

SecureWorks Corp. provides intelligence-driven information security solutions. The Company offers advance threat and critical asset protection, compliance and cybersecurity risk management, and security operations services. SecureWorks serves customers in the United States.
Website: secureworks.com



Growth: Bad revenue growth rate -17.2%, there is slowdown compared to average historical growth rates -4.0%. The revenue growth dynamics is unstable Site traffic for the last 3 months showed a change of +20.8%

Profitability: LTM EBITDA margin is negative, -7.8%. On average the margin is decreasing steadily. Gross margin is high, +58.9%. In the last quarter the company did not beat the estimated EPS. The company was ahead of estimated EPS in 80% of quarters (showing a gain of +$0.04 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield -14.8% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 12.2% higher than minimum and 77.5% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 0.7x by EV / Sales multiple , the company can be 14.6% overvalued

Insiders: For the last 3 months insiders bought company shares on $0.1 mln (0.014% of cap.)

Key Financials (Download financials)

Ticker: SCWX
Share price, USD:  (+0.8%)5.99
year average price 6.84  


year start price 9.42 2023-04-22

max close price 9.85 2023-04-24

min close price 5.42 2023-10-30

current price 5.99 2024-04-20
Common stocks: 84 389 000

Dividend Yield:  0.0%
Last revenue growth (y/y):  -17.2%
Last growth of EBITDA (y/y):  ---
Historical revenue growth:  -4.0%
Historical growth of EBITDA:  ---
EV / Sales: 0.8x
Margin (EBITDA LTM / Revenue): -7.8%
Fundamental value created in LTM:
Market Cap ($m): 505
Net Debt ($m): -112
EV (Enterprise Value): 393
Price to Book: 1.0x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-03-14Zacks Investment Research

SecureWorks (SCWX) Tops Q4 Earnings and Revenue Estimates

2023-12-07InvestorPlace

SCWX Stock Earnings: SecureWorks Beats Revenue for Q3 2024

2023-12-07Seeking Alpha

SecureWorks Corp. (SCWX) Q3 2024 Earnings Call Transcript

2023-12-07Zacks Investment Research

SecureWorks (SCWX) Reports Break-Even Earnings for Q3

2023-11-16PRNewsWire

Secureworks to Report Third Quarter Fiscal 2024 Financial Results on December 7, 2023

2023-10-23Seeking Alpha

SecureWorks: Cloud Transitioning Challenges Continue To Weigh On The Stock

2023-10-13Zacks Investment Research

SecureWorks (SCWX) Upgraded to Strong Buy: Here's What You Should Know

2023-09-15Seeking Alpha

SecureWorks Cuts Costs But Revenue Continues To Fall (Downgrade)

2023-09-07Zacks Investment Research

SecureWorks (SCWX) Reports Q2 Loss, Tops Revenue Estimates

2023-08-17PRNewsWire

Secureworks to Report Second Quarter Fiscal 2024 Financial Results on September 7, 2023
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-02-02 2023-11-03 2023-08-04 2023-05-05 2023-02-03 2022-10-28
symbol SCWX SCWX SCWX SCWX SCWX SCWX
reportedCurrency USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M
fillingDate 2024-03-22 2023-12-08 2023-09-08 2023-06-08 2023-03-23 2022-12-01
acceptedDate 2024-03-22 16:20:47 2023-12-08 16:06:48 2023-09-08 16:10:12 2023-06-08 16:03:23 2023-03-23 16:33:37 2022-12-01 16:05:58
calendarYear 2024.000 2024.000 2024.000 2024.000 2023.000 2023.000
period Q4 Q3 Q2 Q1 Q4 Q3
revenue 89M 89M 93M 94M 115M 111M
costOfRevenue 34M 35M 40M 43M 47M 46M
grossProfit 55M 55M 53M 52M 68M 65M
grossProfitRatio 0.617 0.613 0.569 0.547 0.592 0.589
researchAndDevelopmentExpenses 25M 26M 28M 31M 40M 35M
generalAndAdministrativeExpenses 20M 21M 20M 22M 37M 25M
sellingAndMarketingExpenses 26M 27M 31M 35M 45M 41M
sellingGeneralAndAdministrativeExpenses 42M 48M 52M 57M 82M 66M
otherExpenses 0 0 0 0 0 0
operatingExpenses 67M 74M 80M 88M 122M 101M
costAndExpenses 101M 109M 120M 131M 169M 147M
interestIncome 0 0 636 000 0 -131 000 0
interestExpense 856 000 684 000 0 2M 1M -661 000
depreciationAndAmortization 7M 8M 10M 10M 10M 10M
ebitda -5M -11M -3M -27M -53M -26M
ebitdaratio -0.061 -0.121 -0.033 -0.283 -0.463 -0.233
operatingIncome -12M -19M -41M -36M -53M -36M
operatingIncomeRatio -0.138 -0.215 -0.443 -0.385 -0.463 -0.325
totalOtherIncomeExpensesNet -4M 684 000 -14M -2M 2M -661 000
incomeBeforeTax -16M -19M -42M -38M -51M -37M
incomeBeforeTaxRatio -0.180 -0.208 -0.450 -0.404 -0.442 -0.331
incomeTaxExpense -8M -4M -9M -7M -11M -9M
netIncome -8M -14M -32M -31M -40M -28M
netIncomeRatio -0.093 -0.161 -0.348 -0.328 -0.347 -0.254
eps -0.096 -0.170 -0.380 -0.360 -0.470 -0.330
epsdiluted -0.096 -0.170 -0.380 -0.360 -0.470 -0.330
weightedAverageShsOut 86M 86M 86M 85M 85M 85M
weightedAverageShsOutDil 86M 86M 86M 85M 85M 85M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-02-02 2023-11-03 2023-08-04 2023-05-05 2023-02-03 2022-10-28
symbol SCWX SCWX SCWX SCWX SCWX SCWX
reportedCurrency USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M
fillingDate 2024-03-22 2023-12-08 2023-09-08 2023-06-08 2023-03-23 2022-12-01
acceptedDate 2024-03-22 16:20:47 2023-12-08 16:06:48 2023-09-08 16:10:12 2023-06-08 16:03:23 2023-03-23 16:33:37 2022-12-01 16:05:58
calendarYear 2024.000 2024.000 2024.000 2024.000 2023.000 2023.000
period Q4 Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 69M 58M 65M 95M 144M 139M
shortTermInvestments 0 0 0 0 0 0
cashAndShortTermInvestments 69M 58M 65M 95M 144M 139M
netReceivables 59M 56M 56M 57M 73M 64M
inventory 727 000 759 000 774 000 675 000 620 000 683 000
otherCurrentAssets 9M 13M 17M 18M 18M 26M
totalCurrentAssets 138M 128M 139M 170M 234M 230M
propertyPlantEquipmentNet 7M 8M 9M 13M 14M 20M
goodwill 425M 425M 425M 425M 426M 425M
intangibleAssets 83M 87M 93M 99M 106M 114M
goodwillAndIntangibleAssets 509M 512M 518M 525M 532M 539M
longTermInvestments 0 0 0 0 0 0
taxAssets 26M 0 0 0 4M 0
otherNonCurrentAssets 45M 72M 71M 65M 57M 62M
totalNonCurrentAssets 587M 592M 598M 603M 607M 621M
otherAssets 0 0 0 0 0 0
totalAssets 725M 720M 738M 773M 841M 851M
accountPayables 9M 12M 11M 15M 19M 20M
shortTermDebt 5M 0 0 0 0 0
taxPayables 0 0 0 0 0 0
deferredRevenue 131M 126M 134M 140M 145M 137M
otherCurrentLiabilities 57M 61M 62M 53M 82M 65M
totalCurrentLiabilities 202M 199M 208M 208M 246M 222M
longTermDebt 8M 9M 10M 11M 12M 13M
deferredRevenueNonCurrent 6M 7M 8M 10M 11M 8M
deferredTaxLiabilitiesNonCurrent 0 0 0 0 13 000 0
otherNonCurrentLiabilities 8M 8M 7M 14M 14M -114M
totalNonCurrentLiabilities 21M 23M 25M 35M 37M 43M
otherLiabilities 0 0 0 0 0 0
capitalLeaseObligations 8M 9M 10M 11M 12M 13M
totalLiabilities 223M 222M 233M 243M 283M 265M
preferredStock 0 469M 0 0 0 0
commonStock 864 000 863 000 862 000 860 000 847 000 847 000
retainedEarnings -470M -462M -447M -415M -384M -344M
accumulatedOtherComprehensiveIncomeLoss -6M -8M -6M -6M -6M -9M
othertotalStockholdersEquity 976M 498M 957M 950M 947M 939M
totalStockholdersEquity 501M 498M 504M 530M 558M 586M
totalEquity 501M 498M 504M 530M 558M 586M
totalLiabilitiesAndStockholdersEquity 725M 720M 738M 773M 841M 851M
minorityInterest 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 725M 720M 738M 773M 841M 851M
totalInvestments 0 0 0 0 0 0
totalDebt 13M 9M 10M 11M 12M 13M
netDebt -56M -49M -55M -83M -131M -126M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2024-02-02 2023-11-03 2023-08-04 2023-05-05 2023-02-03 2022-10-28
symbol SCWX SCWX SCWX SCWX SCWX SCWX
reportedCurrency USD USD USD USD USD USD
cik 1M 1M 1M 1M 1M 1M
fillingDate 2024-03-22 2023-12-08 2023-09-08 2023-06-08 2023-03-23 2022-12-01
acceptedDate 2024-03-22 16:20:47 2023-12-08 16:06:48 2023-09-08 16:10:12 2023-06-08 16:03:23 2023-03-23 16:33:37 2022-12-01 16:05:58
calendarYear 2024.000 2024.000 2024.000 2024.000 2023.000 2023.000
period Q4 Q3 Q2 Q1 Q4 Q3
netIncome -8M -14M -32M -31M -40M -28M
depreciationAndAmortization 7M 8M 10M 10M 10M 10M
deferredIncomeTax -8M -4M -9M -7M -11M -9M
stockBasedCompensation 10M 10M 8M 7M 9M 10M
changeInWorkingCapital 12M -9M -12M -28M 27M -16M
accountsReceivables 2M -75 000 440 000 16M -8M 7M
inventory 32 000 15 000 -99 000 -55 000 63 000 -208 000
accountsPayables -2M 519 000 -4M -4M -963 000 -1M
otherWorkingCapital 12M -9M -8M -40M 36M -20M
otherNonCashItems 2M 5M 9M 7M 10M 6M
netCashProvidedByOperatingActivities 15M -5M -28M -42M 6M -27M
investmentsInPropertyPlantAndEquipment -1M -2M -1M -2M -690 000 0
acquisitionsNet 0 0 0 0 0 0
purchasesOfInvestments 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0
otherInvestingActivites 0 0 0 0 0 -1M
netCashUsedForInvestingActivites -1M -2M -1M -2M -690 000 -1M
debtRepayment -5M 0 0 0 0 0
commonStockIssued 0 0 0 0 0 0
commonStockRepurchased 0 0 -577 000 0 0 0
dividendsPaid 0 0 0 0 0 0
otherFinancingActivites 4M -236 000 0 -5M -403 000 -397 000
netCashUsedProvidedByFinancingActivities -216 000 -236 000 -577 000 -5M -403 000 -397 000
effectOfForexChangesOnCash -17M 0 0 2M -1M 0
netChangeInCash 11M -7M -30M -49M 4M -28M
cashAtEndOfPeriod 69M 58M 65M 95M 144M 139M
cashAtBeginningOfPeriod 58M 65M 95M 144M 139M 167M
operatingCashFlow 15M -5M -28M -42M 6M -27M
capitalExpenditure -1M -2M -1M -2M -690 000 -1M
freeCashFlow 14M -7M -29M -44M 5M -28M
link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link

Earning call transcript

2023 q4
2024-03-14 ET (fiscal 2024 q4)
2023 q3
2023-12-07 ET (fiscal 2024 q3)
2023 q2
2023-09-07 ET (fiscal 2024 q2)
2023 q1
2023-06-08 ET (fiscal 2024 q1)
2022 q4
2023-03-23 ET (fiscal 2023 q4)
2022 q3
2022-12-01 ET (fiscal 2023 q3)
2022 q2
2022-09-01 ET (fiscal 2023 q2)
2022 q1
2022-06-02 ET (fiscal 2023 q1)
2021 q4
2022-03-17 ET (fiscal 2022 q4)
2021 q3
2021-12-02 ET (fiscal 2022 q3)
2021 q2
2021-09-02 ET (fiscal 2022 q2)
2021 q1
2021-06-03 ET (fiscal 2022 q1)

Press-releases

Show financial reports only

2024-03-14 11:00 ET
Secureworks Announces Fourth Quarter and Full Year Fiscal 2024 Results
2024-03-11 13:00 ET
Secureworks Earns Frost & Sullivan Competitive Strategy Leadership Award in the Global Extended Detection and Response Market
2023-12-07 12:00 ET
Secureworks® Announces Third Quarter Fiscal 2024 Results
2023-09-07 11:00 ET
Secureworks® Announces Second Quarter Fiscal 2024 Results
2023-06-08 11:00 ET
Secureworks® Announces First Quarter Fiscal 2024 Results

SEC forms

Show financial reports only

SEC form 10
2024-03-22 00:00 ET
SecureWorks reported for 2023 q4
SEC form 8
2024-03-15 07:18 ET
SecureWorks published news for 2023 q4
SEC form 8
2024-03-15 07:18 ET
SecureWorks reported for 2023 q4
SEC form 8
2024-03-14 07:06 ET
SecureWorks published news for 2023 q4
SEC form 8
2024-03-14 07:06 ET
SecureWorks reported for 2023 q4
SEC form 10
2023-12-08 16:06 ET
SecureWorks reported for 2023 q3
SEC form 10
2023-12-08 00:00 ET
SecureWorks reported for 2023 q3
SEC form 8
2023-12-07 07:05 ET
SecureWorks reported for 2023 q3
SEC form 10
2023-09-08 16:10 ET
SecureWorks reported for 2023 q2
SEC form 10
2023-09-08 00:00 ET
SecureWorks reported for 2023 q2
SEC form 6
2023-09-07 07:08 ET
SecureWorks reported for 2023 q2
SEC form 8
2023-09-07 00:00 ET
SecureWorks reported for 2023 q2
SEC form 6
2023-08-14 09:00 ET
SecureWorks published news for 2023 q2
SEC form 10
2023-06-08 16:03 ET
SecureWorks reported for 2023 q1
SEC form 6
2023-06-08 07:14 ET
SecureWorks reported for 2023 q1
SEC form 10
2023-06-08 00:00 ET
SecureWorks reported for 2023 q1
SEC form 8
2023-06-08 00:00 ET
SecureWorks reported for 2023 q1
SEC form 6
2023-04-27 08:22 ET
SecureWorks published news for 2023 q1
SEC form 10
2023-03-23 16:33 ET
SecureWorks published news for 2022 q4
SEC form 6
2023-03-23 07:05 ET
SecureWorks published news for 2022 q4
SEC form 8
2023-03-23 00:00 ET
SecureWorks published news for 2022 q4
SEC form 10
2023-03-23 00:00 ET
SecureWorks published news for 2022 q4
SEC form 6
2023-02-10 17:21 ET
SecureWorks published news for 2022 q4
SEC form 6
2023-02-07 08:53 ET
SecureWorks published news for 2022 q4
SEC form 10
2022-12-01 16:05 ET
SecureWorks reported for 2022 q3
SEC form 6
2022-12-01 07:07 ET
SecureWorks published news for 2022 q3
SEC form 8
2022-12-01 00:00 ET
SecureWorks reported for 2022 q3
SEC form 10
2022-12-01 00:00 ET
SecureWorks reported for 2022 q3
SEC form 6
2022-10-03 16:04 ET
SecureWorks published news for 2022 q3
SEC form 10
2022-09-01 16:02 ET
SecureWorks reported for 2022 q2
SEC form 6
2022-09-01 07:04 ET
SecureWorks published news for 2022 q2
SEC form 8
2022-09-01 00:00 ET
SecureWorks reported for 2022 q2
SEC form 10
2022-09-01 00:00 ET
SecureWorks reported for 2022 q2
SEC form 6
2022-06-21 17:00 ET
SecureWorks published news for 2022 q1
SEC form 10
2022-06-02 16:07 ET
SecureWorks reported for 2022 q1
SEC form 6
2022-06-02 07:06 ET
SecureWorks published news for 2022 q1
SEC form 10
2022-06-02 00:00 ET
SecureWorks reported for 2022 q1
SEC form 8
2022-06-02 00:00 ET
SecureWorks reported for 2022 q1
SEC form 6
2022-05-11 16:05 ET
SecureWorks published news for 2022 q1
SEC form 10
2022-03-23 16:07 ET
SecureWorks published news for 2021 q4
SEC form 10
2022-03-23 00:00 ET
SecureWorks published news for 2021 q4
SEC form 6
2022-03-17 19:39 ET
SecureWorks published news for 2021 q4
SEC form 6
2022-03-17 07:07 ET
SecureWorks published news for 2021 q4
SEC form 8
2022-03-17 00:00 ET
SecureWorks published news for 2021 q4
SEC form 10
2021-12-02 17:16 ET
SecureWorks published news for 2021 q3
SEC form 6
2021-12-02 07:12 ET
SecureWorks published news for 2021 q3
SEC form 8
2021-12-02 00:00 ET
SecureWorks published news for 2021 q3
SEC form 10
2021-12-02 00:00 ET
SecureWorks published news for 2021 q3
SEC form 10
2021-09-02 16:18 ET
SecureWorks published news for 2021 q2
SEC form 6
2021-09-02 07:12 ET
SecureWorks published news for 2021 q2
SEC form 8
2021-09-02 00:00 ET
SecureWorks published news for 2021 q2
SEC form 10
2021-09-02 00:00 ET
SecureWorks published news for 2021 q2
SEC form 6
2021-07-09 16:35 ET
SecureWorks published news for 2021 q2
SEC form 6
2021-06-22 16:47 ET
SecureWorks published news for 2021 q1
SEC form 10
2021-06-03 16:53 ET
SecureWorks published news for 2021 q1
SEC form 6
2021-06-03 07:21 ET
SecureWorks published news for 2021 q1
SEC form 6
2021-06-03 07:11 ET
SecureWorks published news for 2021 q1
SEC form 8
2021-06-03 00:00 ET
SecureWorks published news for 2021 q1
SEC form 10
2021-06-03 00:00 ET
SecureWorks published news for 2021 q1
SEC form 6
2021-05-11 17:16 ET
SecureWorks published news for 2021 q1
SEC form 10
2021-03-25 16:54 ET
SecureWorks published news for 2020 q4
SEC form 6
2021-03-11 07:17 ET
SecureWorks published news for 2020 q4
SEC form 10
2020-12-03 16:43 ET
SecureWorks published news for 2020 q3
SEC form 6
2020-12-03 07:15 ET
SecureWorks published news for 2020 q3