Operating performance
Revenue, profitability, and free cash flow are shown together so you can see scale, margin conversion, and cash generation on one screen.
Annualised change across the filed history.
Revenue CAGR 5Y
2.7%
Free Cash Flow CAGR 5Y
9.9%
Operating Income CAGR 3Y
-9.0%
Filing-backed read on scale, margins, and cash flow.
Free Cash Flow
FY 2024-5.7%
Net Margin
FY 2024+0.1 pt
Valuation snapshot
A target is published only when both the filing-backed DCF and the peer fair value clear the confidence gate.
Current price
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Market cap —
Fair value estimate
Withheld
Peer breadth failed the evidence gate.
Implied upside
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Peers: 6 usable peers from 6 saved peers with 0 active peer methods. Need at least 2 usable SEC-backed peers for fallback target coverage.
Valuation anchors
Scale: $15.21 – $24.45
DCF
This score describes input coverage, not the probability that a valuation or investment return will be correct.
Evidence gate detail
Peer breadth failed the evidence gate.
Peers: 6 usable peers from 6 saved peers with 0 active peer methods. Need at least 2 usable SEC-backed peers for fallback target coverage.
Policy
Filing-Backed v2
Basis
Operating cash flow less capex (firm-value proxy)
Shares
Diluted shares
Bridge
Net debt + securities
Market context
Market price unavailable
Current price stacked against the same public-equity anchors shown in the confidence-gated hero.
How to read this
Capital structure
The overview keeps the capital structure bridge close to the cash-generation picture so fair value can be read in equity terms.
FY 2024 · filed Feb 21, 2025
Cash & Securities
$1.4B
Total Debt
$2B
Net Debt
$629.9M
Equity
Peer context
The overview keeps peer evidence concise here and sends detailed bridging to the relative-valuation tab.
Peer fair value
Per-share fair value from the weighted peer set.
Average P/E
Price to earnings across covered peers.
Average P/S
Price to sales across covered peers.
Intrinsic context
The overview surfaces the baseline intrinsic read and the reverse-DCF question, then sends the deeper workbench to the intrinsic tab.
Bear, base, and bull per-share outcomes from the filing-backed baseline.
Bear
$16.15
Base
$19.35
Bull
$23.51
Upside vs current
Company profile
Identifiers, classification, and listing detail behind every figure on this page.
$4.8B
Tangible Equity
$1B
Net debt reduces equity value relative to firm value before the per-share target is calculated.
Latest annual cash generation after capital spending.
Operating Cash Flow
$788.1M
Capital Expenditures
$-115.5M
Free Cash Flow
$672.6M
CFO Margin
15.5%
FCF Margin
13.3%
CFO / Net Income
2.74x
FCF / Net Income
2.34x
Quality and risk
Altman, Piotroski, liquidity, and leverage sit together so the valuation read can be judged against balance-sheet reality.
Distress risk from the latest annual balance sheet.
Nine filing-backed checks on profitability, leverage, and efficiency.
neutral
Current Ratio
1.46x
Quick Ratio
1.14x
Debt / Equity
0.42x
Average EV/EBITDA
Enterprise multiple across covered peers.
6 peers across 0 active peer methods
CISCO SYSTEMS, INC.
CSCO · CIK 0000858877
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Cap —P/E —EV/EBITDA —
Dell Technologies Inc.
DELL · CIK 0001571996
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Cap —P/E —EV/EBITDA —
Palo Alto Networks Inc
PANW · CIK 0001327567
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Cap —P/E —EV/EBITDA —
Fortinet, Inc.
FTNT · CIK 0001262039
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Cap —P/E —EV/EBITDA —
VERISIGN INC/CA
VRSN · CIK 0001014473
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Cap —P/E —EV/EBITDA —
Match Group, Inc.
MTCH · CIK 0000891103
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Cap —P/E —EV/EBITDA —
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Current price
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Net debt reduces equity value relative to firm value before the per-share target is calculated.
Reverse-DCF framing and per-share outcomes when one assumption moves.
Implied growth
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JUNIPER NETWORKS INC (JNPR) market cap plus annual debt, less cash and eligible marketable securities.
A dated market value and complete annual debt and cash evidence are required for this bridge.