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Presidio

Nasdaq:PSDO
Snowflake Description

Moderate growth potential with questionable track record.

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

Presidio, Inc. provides information technology (IT) solutions to the middle market in North America. The last earnings update was 44 days ago. More info.


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PSDO Share Price and Events
7 Day Returns
0.1%
NasdaqGS:PSDO
1.3%
US IT
1.5%
US Market
1 Year Returns
29.8%
NasdaqGS:PSDO
42%
US IT
27.6%
US Market
PSDO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Presidio (PSDO) 0.1% 0.2% 4% 29.8% - -
US IT 1.3% 1.4% 4.8% 42% 92.2% 111.9%
US Market 1.5% 2.5% 6.2% 27.6% 38.3% 48.1%
1 Year Return vs Industry and Market
  • PSDO underperformed the IT industry which returned 42% over the past year.
  • PSDO outperformed the Market in United States of America which returned 27.6% over the past year.
Price Volatility
PSDO
Industry
5yr Volatility vs Market

Value

 Is Presidio 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 Presidio 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 Presidio.

NasdaqGS:PSDO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in USD $ 0.16
Payout Ratio Company Filings (2019-09-30) 2233.3%
Discount Rate (Cost of Equity) See below 7.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

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 NasdaqGS:PSDO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
IT Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.941 (1 + (1- 21%) (73.87%))
1.029
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.029 * 5.44%)
7.34%

Discounted Cash Flow Calculation for NasdaqGS:PSDO using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Presidio is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NasdaqGS:PSDO Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $0.16 / (7.34% - 1.74%)
$2.86
NasdaqGS:PSDO Discount to Share Price
Calculation Result
Value per share (USD) From above. $2.86
Current discount Discount to share price of $16.60
= -1 x ($16.60 - $2.86) / $2.86
-480.8%

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

  • The current share price of Presidio is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Presidio's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Presidio's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:PSDO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.54
NasdaqGS:PSDO Share Price ** NasdaqGS (2019-12-18) in USD $16.6
United States of America IT Industry PE Ratio Median Figure of 65 Publicly-Listed IT Companies 30.68x
United States of America Market PE Ratio Median Figure of 2,927 Publicly-Listed Companies 18.85x

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

** Primary Listing of Presidio.

NasdaqGS:PSDO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:PSDO Share Price ÷ EPS (both in USD)

= 16.6 ÷ 0.54

30.86x

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

  • Presidio is overvalued based on earnings compared to the US IT industry average.
  • Presidio is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Presidio's expected growth come at a high price?
Raw Data
NasdaqGS:PSDO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 30.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
29%per year
United States of America IT Industry PEG Ratio Median Figure of 56 Publicly-Listed IT Companies 2.42x
United States of America Market PEG Ratio Median Figure of 2,041 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

NasdaqGS:PSDO PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 30.86x ÷ 29%

1.06x

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

  • Presidio is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Presidio's assets?
Raw Data
NasdaqGS:PSDO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $7.97
NasdaqGS:PSDO Share Price * NasdaqGS (2019-12-18) in USD $16.6
United States of America IT Industry PB Ratio Median Figure of 119 Publicly-Listed IT Companies 3.84x
United States of America Market PB Ratio Median Figure of 5,096 Publicly-Listed Companies 1.8x
NasdaqGS:PSDO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:PSDO Share Price ÷ Book Value per Share (both in USD)

= 16.6 ÷ 7.97

2.08x

* Primary Listing of Presidio.

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

  • Presidio is good value based on assets compared to the US IT industry average.
X
Value checks
We assess Presidio'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 IT 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 IT industry average (and greater than 0)? (1 check)
  5. Presidio has a total score of 1/6, 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.

Future Performance

 How is Presidio expected to perform in the next 1 to 3 years based on estimates from 2 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
29%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Presidio expected to grow at an attractive rate?
  • Presidio's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Presidio's earnings growth is expected to exceed the United States of America market average.
  • Presidio's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:PSDO Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:PSDO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 29%
NasdaqGS:PSDO Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 2.6%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 17.8%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 10.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*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
NasdaqGS:PSDO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:PSDO Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 3,172 77 2
2020-06-30 3,026 66 1
2019-12-20
NasdaqGS:PSDO Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 3,048 73 45
2019-06-30 3,026 108 35
2019-03-31 3,047 156 40
2018-12-31 2,995 143 35
2018-09-30 2,784 111 129
2018-06-30 2,765 192 134
2018-03-31 2,763 97 130
2017-12-31 2,739 92 115
2017-09-30 2,811 114 19
2017-06-30 2,736 51 5
2017-03-31 2,842 126 -13
2016-12-31 2,800 162 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Presidio's earnings are expected to grow significantly at over 20% yearly.
  • Presidio's revenue is expected to grow by 2.6% 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
NasdaqGS:PSDO 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 2 Analyst Estimates (S&P Global) See Below

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

NasdaqGS:PSDO Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 0.89 0.89 0.89 1.00
2020-06-30 0.76 0.76 0.76 1.00
2019-12-20
NasdaqGS:PSDO Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.54
2019-06-30 0.42
2019-03-31 0.46
2018-12-31 0.40
2018-09-30 1.40
2018-06-30 1.46
2018-03-31 1.42
2017-12-31 1.31
2017-09-30 0.23
2017-06-30 0.07
2017-03-31 -0.18
2016-12-31 -0.07

*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.
  • Unable to establish if Presidio will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Presidio'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.
Presidio has a total score of 3/6, 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.

Past Performance

  How has Presidio 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 Presidio's growth in the last year to its industry (IT).
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.
  • Presidio has delivered over 20% year on year earnings growth in the past 5 years.
  • Presidio's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Presidio's 1-year earnings growth is negative, it can't be compared to the US IT industry average.
Earnings and Revenue History
Presidio'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 Presidio Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:PSDO Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 3,048.20 44.50 427.80
2019-06-30 3,026.10 35.20 422.80
2019-03-31 3,047.00 39.90 406.80
2018-12-31 2,995.30 35.40 396.70
2018-09-30 2,783.90 128.70 384.40
2018-06-30 2,765.20 133.90 375.00
2018-03-31 2,763.20 130.10 374.40
2017-12-31 2,738.60 114.60 376.40
2017-09-30 2,811.10 18.70 377.80
2017-06-30 2,736.00 5.10 380.40
2017-03-31 2,842.20 -13.40 383.20
2016-12-31 2,799.80 -4.90 372.60
2016-09-30 2,760.60 -7.50 359.70
2016-06-30 2,714.90 -3.40 345.10
2015-06-30 2,378.30 -29.40 332.40
2014-06-30 2,266.00 32.50 301.80

*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.
  • Presidio has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Presidio used its assets less efficiently than the US IT industry average last year based on Return on Assets.
  • Presidio has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Presidio'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 IT 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.
Presidio has a total score of 2/6, 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.

Health

 How is Presidio'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 Presidio's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Presidio is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Presidio's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Presidio'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.
  • Debt is covered by short term assets, assets are 1.2x debt.
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 Presidio Company Filings, last reported 2 months ago.

NasdaqGS:PSDO Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 664.80 981.30 28.00
2019-06-30 638.40 946.50 30.70
2019-03-31 627.90 940.10 29.00
2018-12-31 621.70 977.30 30.90
2018-09-30 616.30 1,030.80 30.20
2018-06-30 760.30 881.80 37.00
2018-03-31 733.90 885.20 24.90
2017-12-31 728.80 883.90 20.70
2017-09-30 626.40 923.20 24.90
2017-06-30 602.90 995.60 27.50
2017-03-31 590.70 938.60 27.80
2016-12-31 357.00 1,195.00 45.50
2016-09-30 353.10 1,260.80 47.70
2016-06-30 346.90 1,261.30 33.00
2015-06-30 335.80 1,095.60 88.30
2014-06-30
  • Presidio's level of debt (147.6%) compared to net worth is high (greater than 40%).
  • Unable to establish if Presidio's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (7.4%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Presidio'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. Presidio has a total score of 2/6, 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.

Dividends

 What is Presidio'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
0.96%
Current annual income from Presidio dividends. Estimated to be 0.96% next year.
If you bought $2,000 of Presidio shares you are expected to receive $19 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?
  • Presidio's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • Presidio's dividend is below the markets top 25% of dividend payers in United States of America (3.66%).
Upcoming dividend payment

Purchase Presidio before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
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
NasdaqGS:PSDO 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 2 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 35 Stocks 1.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1962 Stocks 2.3%
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 3.7%

Industry and Market average data is calculated daily.

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

NasdaqGS:PSDO Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.16 1.00
2020-06-30 0.16 1.00
2019-12-20
NasdaqGS:PSDO Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-11-06 0.160 0.966
2019-08-29 0.160 0.975
2019-02-06 0.160 1.104
2018-09-06 0.160 1.117

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

  • It is too early to tell whether Presidio has stable dividend payments.
  • Presidio only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Presidio's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Presidio'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 Presidio afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Presidio has a total score of 1/6, see the detailed checks below.


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

Management

 What is the CEO of Presidio'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
Bob Cagnazzi
COMPENSATION $2,947,136
AGE 60
TENURE AS CEO 7.8 years
CEO Bio

Mr. Robert Cagnazzi, also known as Bob, serves as the Chairman of the Board at Presidio, Inc. since November 2017 and its Chief Executive Officer since February 29, 2012. Mr. Cagnazzi has been the Chief Executive Officer of Presidio Holdings, Inc. since joining it in February 29, 2012 and serves as its President. He served as the Chief Executive Officer of Total Convergence Solutions LLC. He founded Bluewater Communications LLC in 2006 and served as its Chief Executive Officer until it was acquired by Presidio in 2012. He has more than 20 years of experience helping companies use technology strategically to beat their competition. He served as the Chief Executive Officer of Dimension Data North America Inc. since June 2000. He launched Total Convergence Solutions to deliver Fortune 100 caliber solutions to the Enterprise, Commercial and SMB markets. He served as Chief Executive Officer of North America at Dimension Data Holdings PLC from 2001 to 2006. He served as the Chief Executive Officer of ISG since 1990, having joined in 1984 as Marketing Director. Prior to ISG, Mr. Cagnazzi worked in the merger and acquisition department of a federal savings bank. He has led Integrated Systems Group. He served on Advisory Boards of Cisco, VARBusiness, The National Corporate Theater Foundation, Inwood House and Farmingdale University. He has been a Director of Presidio Holdings, Inc. since 2012. He has been a Director of Presidio, Inc. since February 29, 2012. During his career, he was personally recognized by VARBusiness Magazine as Executive of the Year and by Ernst & Young as a Regional Entrepreneur of the Year. Mr. Cagnazzi is a Graduate of St. Johns University with a Bachelor of Science in Finance and an MBA in Marketing from New York University.

CEO Compensation
  • Bob's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Bob's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Presidio management team in years:

2.3
Average Tenure
53
Average Age
  • The tenure for the Presidio management team is about average.
Management Team

Bob Cagnazzi

TITLE
Chairman of the Board & CEO
COMPENSATION
$3M
AGE
60
TENURE
7.8 yrs

Neil Johnston

TITLE
Executive VP
COMPENSATION
$2M
AGE
53
TENURE
1.9 yrs

Dave Hart

TITLE
Executive VP & COO
COMPENSATION
$2M
AGE
52
TENURE
6.5 yrs

Vinu Thomas

TITLE
Chief Technology Officer
COMPENSATION
$1M
AGE
43
TENURE
3.8 yrs

Elliot Brecher

TITLE
Senior VP
COMPENSATION
$880K
AGE
53
TENURE
4.4 yrs

Rudy Casasola

TITLE
President of Sales
TENURE
0.2 yrs

Jennifer Jackson

TITLE
Chief Human Resource Officer
TENURE
2.3 yrs

Stacy Hutchings

TITLE
Senior Vice President of Southwest

Waheed Choudhry

TITLE
Senior Vice President of West Area Sales
TENURE
0.2 yrs

Michael Kelly

TITLE
Senior Vice President of National Named & Public Sector Sales
TENURE
0.9 yrs
Board of Directors Tenure

Average tenure and age of the Presidio board of directors in years:

2.8
Average Tenure
42
Average Age
  • The average tenure for the Presidio board of directors is less than 3 years, this suggests a new board.
Board of Directors

Todd Siegel

TITLE
Independent Director
COMPENSATION
$103K
AGE
48
TENURE
4.8 yrs

Bob Cagnazzi

TITLE
Chairman of the Board & CEO
COMPENSATION
$3M
AGE
60
TENURE
2.1 yrs

Steve Lerner

TITLE
Independent Director
COMPENSATION
$80K
AGE
64
TENURE
2.8 yrs

Matt Nord

TITLE
Director
AGE
40
TENURE
5.1 yrs

Chris Edson

TITLE
Director
AGE
35
TENURE
5.1 yrs

Pankaj Patel

TITLE
Independent Director
COMPENSATION
$79K
AGE
65
TENURE
3.6 yrs

Salim Hirji

TITLE
Director
AGE
29
TENURE
2.8 yrs

Heather Berger

TITLE
Director
AGE
42
TENURE
2.1 yrs

Michael Reiss

TITLE
Director
AGE
35
TENURE
2.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
11. Jun 19 Buy Steven Lerner Individual 07. Jun 19 07. Jun 19 5,000 $12.82 $64,100
19. Mar 19 Sell Apollo Global Management, Inc. Company 15. Mar 19 15. Mar 19 -4,925,000 $15.25 $-75,106,250
15. Mar 19 Sell David Hart Individual 15. Mar 19 15. Mar 19 -75,000 $15.15 $-1,136,250
14. Feb 19 Sell Apollo Global Management, Inc. Company 12. Feb 19 12. Feb 19 -4,000,000 $15.11 $-60,440,000
X
Management checks
We assess Presidio'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. Presidio 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.

News

Simply Wall St News

Is Presidio, Inc. (NASDAQ:PSDO) Trading At A 49% Discount?

Generally we assume that a dollar today is more valuable than a dollar in the future, so we discount the value of these future cash flows to their estimated value in today's dollars: 10-year free cash flow (FCF) estimate 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Levered FCF ($, Millions) $126.3m $150.0m $169.2m $185.7m $200.0m $212.3m $223.3m $233.2m $242.3m $250.9m Growth Rate Estimate Source Analyst x2 Analyst x2 Est @ 12.81% Est @ 9.79% Est @ 7.67% Est @ 6.19% Est @ 5.15% Est @ 4.42% Est @ 3.92% Est @ 3.56% Present Value ($, Millions) Discounted @ 11.14% $113.6 $121.4 $123.2 $121.7 $117.9 $112.7 $106.6 $100.1 $93.6 $87.2 ("Est" = FCF growth rate estimated by Simply Wall St) Present Value of 10-year Cash Flow (PVCF)= $1.1b We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. … In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 11.1%. … NasdaqGS:PSDO Intrinsic value, August 10th 2019 The assumptions Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows.

Simply Wall St -

Is Presidio, Inc. (NASDAQ:PSDO) Potentially Undervalued?

Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. … With an optimistic outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. … Its prosperous future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy PSDO.

Simply Wall St -

Is Presidio, Inc. (NASDAQ:PSDO) A Volatile Stock?

The second type is the broader market volatility, which you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks on the market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … What this means for you: Since Presidio has a reasonably high beta, it's worth considering why it is so heavily influenced by broader market sentiment.

Simply Wall St -

Presidio, Inc.’s (NASDAQ:PSDO) Investment Returns Are Lagging Its Industry

Author Edwin Whiting says to be careful when comparing the ROCE of different businesses, since 'No two businesses are exactly alike.' How Do You Calculate Return On Capital Employed? … Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Presidio: 0.073 = US$129m ÷ (US$2.8b - US$1.0b) (Based on the trailing twelve months to March 2019.) So, Presidio has an ROCE of 7.3%. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

A Closer Look At Presidio, Inc.'s (NASDAQ:PSDO) Uninspiring ROE

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Presidio: 6.4% = US$40m ÷ US$628m (Based on the trailing twelve months to March 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does Presidio Have A Good Return On Equity? … One simple way to determine if a company has a good return on equity is to compare it to the average for its industry.

Simply Wall St -

These Fundamentals Make Presidio, Inc. (NASDAQ:PSDO) Truly Worth Looking At

PSDO's share price is trading at below its true value, meaning that the market sentiment for the stock is currently bearish. … According to my intrinsic value of the stock, which is driven by analyst consensus forecast of PSDO's earnings, investors now have the opportunity to buy into the stock to reap capital gains. … Also, relative to the rest of its peers with similar levels of earnings, PSDO's share price is trading below the group's average.

Simply Wall St -

What Does Presidio, Inc.'s (NASDAQ:PSDO) Balance Sheet Tell Us About It?

Additionally, PSDO has produced US$156m in operating cash flow in the last twelve months, leading to an operating cash to total debt ratio of 17%, meaning that PSDO’s debt is not covered by operating cash. … We can check to see whether PSDO is able to meet its debt obligations by looking at the net interest coverage ratio. … Next Steps: Although PSDO’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet obligations which means its debt is being efficiently utilised.

Simply Wall St -

An Intrinsic Calculation For Presidio, Inc. (NASDAQ:PSDO) Suggests It's 38% Undervalued

by estimating the company's future cash flows and discounting them to their present value. … I will use the Discounted Cash Flow (DCF) model! … We generally believe that a company's value is the present value of all of the cash it will generate in the future.

Simply Wall St -

Does Market Volatility Impact Presidio, Inc.'s (NASDAQ:PSDO) Share Price?

(NASDAQ:PSDO), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Do Institutions Own Presidio, Inc. (NASDAQ:PSDO) Shares?

Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … Companies that used to be publicly owned tend to have lower insider ownership. … Let's take a closer look to see what the different types of shareholder can tell us about PSDO

Simply Wall St -

Company Info

Description

Presidio, Inc. provides information technology (IT) solutions to the middle market in North America. The company offers digital infrastructure solutions that enable clients to deploy IT infrastructure, as well as focuses on networking, collaboration, enterprise mobility, Internet of Things, and data analytics. It also provides cloud infrastructure solutions through converged infrastructure, server, storage, support, and capacity-on-demand economic models, as well as cloud-managed services. In addition, the company is involved in assessing, designing, implementing, managing, and maintaining information security solutions that protect customers’ critical business data; and provision of risk assessments, detailed reporting, ongoing reviews, process and program development, and training services. Further, it offers cyber risk management, infrastructure security, and managed security solutions; and professional, managed, and support services, including strategy, consulting, design, and implementation. Presidio, Inc. serves customers from various industry verticals, including healthcare, financial services, education, and professional services, as well as government. The company was formerly known as Aegis Holdings, Inc. and changed its name to Presidio, Inc. in September 2016. Presidio, Inc. was incorporated in 2014 and is headquartered in New York, New York.

Details
Name: Presidio, Inc.
PSDO
Exchange: NasdaqGS
Founded: 2014
$1,387,491,893
83,583,849
Website: http://www.presidio.com
Address: Presidio, Inc.
One Penn Plaza,
Suite 2832,
New York,
New York, 10119,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS PSDO Common Stock Nasdaq Global Select US USD 10. Mar 2017
DB 6P6 Common Stock Deutsche Boerse AG DE EUR 10. Mar 2017
BST 6P6 Common Stock Boerse-Stuttgart DE EUR 10. Mar 2017
Number of employees
Current staff
Staff numbers
2,900
Presidio employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/20 00:30
End of day share price update: 2019/12/18 00:00
Last estimates confirmation: 2019/12/09
Last earnings filing: 2019/11/06
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/06/30


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.