Discounted Cash Flow Calculation for BST:3WG using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for
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.
Note: Free cash flow to equity valuations ignore the company's cash or debt.
BST:3WG DCF 1st Stage: Next 10 year cash flow forecast
Amount off the current price
is available for.
Share price is
vs Future cash flow value of
Current Discount Checks
to be considered undervalued it must be available for at least 20% below the
current price. Less than 40% is even better.
WALLIX GROUP's share price is below the future cash flow value, and at a moderate discount (> 20%).
WALLIX GROUP's share price is below the future cash flow value, and 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
is considered below, and whether this is a fair price.
Price based on past earnings
WALLIX GROUP's earnings available for a low price, and how does
this compare to other companies in the same industry?
WALLIX GROUP's earnings are expected to grow significantly at over 20% yearly.
WALLIX GROUP's revenue is expected to grow significantly at over 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.
WALLIX GROUP's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
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.
Mr. Jean-Noël de Galzain has been Chief Executive Officer and President at WALLIX GROUP SA and has been its Chairman of The Board of Directors and Member of The Board of Directors since May 11, 2016. Mr. de Galzain is a Founder of WALLIX GROUP SA. Mr. de Galzain serves as the Managing Director of Aurora SA. He serves as President of the board at Scientipôle Ile-de-France Capital, SAS, SCR. He co-founded WALLIX GROUP SA in 2003 and served as its Chairman of Board of Advisors. He was Vice President of the Systematic Paris Region cluster, President of Hexatrust, and Treasurer and Administrator of the Revital Emploi Fund. He holds a Master’s degree in Econometrics and Mathematics.
Jean-Noël's compensation has increased whilst company is loss making.
Jean-Noël's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the WALLIX GROUP management team is about average.
Jean-Noël de Galzain
COO & Member of Management Board
Chief Technology Officer
Chief Strategy Officer
Board of Directors
Vice Chairman of Supervisory Board
Member of Supervisory Board
Non-Voting Member of the Supervisory Board
Non-Voting Member of Supervisory Board
Member of Supervisory Board
Member of Supervisory Board
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
WALLIX GROUP SA, a software company, provides cyber security solutions worldwide. Its solution's modules include session manager, which provides real-time monitoring of privileged users’ access and sessions to prevent and detect malicious activity; password manager that enables super-administrators to regain control over access governance by managing password complexity and guaranteeing that passwords are not divulged or hijacked; and access manager, a centralized console, which offers exhaustive real-time list of all privileged users’ logins, sessions, and actions to mitigate risk and prevent cyber-attacks. The company also provides audit and compliance, remote access security, cloud security, and controlling industrial system solutions. It serves banking and insurance, industrial, and cloud and telecom sectors. WALLIX GROUP SA was founded in 2003 and is headquartered in Paris, France.
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