Friday, November 14, 2014

Valuation of MicroCap Stocks $1billion to $2 billion Value

NOTE : Stocks in this page are valued using the Discounted Cash Flow (DCF) technique. The 3 components of the valuation are : (A) Base FCF. (B) FCF Multiple. (C) Net book value for val. Total value (T) = (A x B) + C . Value per share = (T) / Shares oustanding (S).

Please refer to the post Discounted cash flow basics to understand this valuation technique.

Company list   Aruba Networks   Tibco   National Instruments   Cirrus Logic   Plantronics   Benchmark Electronics   Sapient   Splunk   Ommni Vision Tech   Compuware   JDS Uniphase   InvenSense   Guidewire   Nimble Storage   MKS Instruments   Fairchild Semiconductors   Verint Systems   Cognex   Dun & Bradstreet   AMD   Netscout systems   SS&C Tech   Microsemi corp   Plexus corp   Windstream   Trulia   Manhattan associates   PTC inc   Quality Systems   Solera Holdings   Integrated devices Tech   Intersil corp   Fair Issac   Synchonoss Tech   Netgear   Teledyne   Omnicell   Diebold inc   Lifelock   Igate   Pegasystems

5yr  ARUN  

Updated - 10/22/2014  ARUN Valuation : $18.33 / share , Total value : $1.98 billions
(Base FCF :$0.09 billions , multiple 20 , Net book value for val : $0.18 billion )
Shares oustanding : 108 millions  LINKS SEC  Company

5yr  TIBX  

Updated - 10/22/2014  TIBX Valuation : $11.68 / share , Total value : $1.95 billions
(Base FCF : $0.15 billions , multiple 13 , Net book value for val : 0 )
Shares oustanding :167 millions  LINKS SEC  Company

NOTE   On Sep-24-2014 it was announced that TIBCO was being acquired by a private equity firm
Vista Equity Partners for $4.3 billion , $24 / share. This is more than double my valuation, thus will further explore as to what are the intangibles that the company is being valued for.

5yr  NATI  

Updated - 10/22/2014  NATI Valuation : $15.52 / share , Total value : $1.94 billions
(Base FCF : $0.12 billions , multiple 12 , Net book value for val :$0.50 billion )
Shares oustanding : 125 millions  LINKS SEC  Company

5yr  CRUS  

Updated - 10/22/2014  CRUS Valuation : $29.23 / share , Total value : $1.90 billions
(Base FCF : $0.15 billions , multiple 10 , Net book value for val : $0.40 billion )
Shares oustanding : 65 millions  LINKS SEC  Company

5yr  PLT  

Updated - 10/22/2014  PLT Valuation : $44.19 / share , Total value : $1.90 billions
(Base FCF :$0.10 billions , multiple 15 , Net book value for val :$0.40 billion )
Shares oustanding : 43 millions  LINKS SEC  Company

5yr  BHE  

Updated - 10/22/2014  BHE Valuation : $32.73 / share , Total value : $1.80 billions
(Base FCF : $0.10 billions , multiple 10 , Net book value for val : $0.80 billion )
Shares oustanding : 55 millions  LINKS SEC  Company

5yr  SAPE  

Updated - 10/22/2014  SAPE Valuation : $12.64 / share , Total value : $1.80 billions
(Base FCF :$0.115 billions , multiple 13 , Net book value for val : $0.30 billion )
Shares oustanding : 142 millions  LINKS SEC  Company

NOTE   On Nov-3-2014 it was announced that Sapient was being acquired by Publicis Group
for an all cash deal of $3.7 billion , $25 / share. This is more than double my valuation, thus will further explore as to what are the intangibles that the company is being valued for.

5yr  SPLK  

Updated - 10/22/2014  SPLK Valuation : $14.83 / share , Total value : $1.75 billions
(Base FCF :$0.04 billions , multiple 25 , Net book value for val : $0.75 billion )
Shares oustanding : 118 millions  LINKS SEC  Company

5yr  OVTI  

Updated - 10/22/2014  OVTI Valuation : $30.36 / share , Total value : $1.70 billions
(Base FCF :$0.12 billions , multiple 10 , Net book value for val : $0.50 billion )
Shares oustanding : 56 millions  LINKS SEC  Company

5yr  CPWR  

Updated - 10/22/2014  CPWR Valuation : $7.67 / share , Total value : $1.68 billions
(Base FCF :$0.14 billions , multiple 12 , Net book value for val :0 )
Shares oustanding : 219 millions  LINKS SEC  Company

5yr  JDSU  

Updated - 10/22/2014  JDSU Valuation : $6.41 / share , Total value : $1.50 billions
(Base FCF : $0.10 billions , multiple 12 , Net book value for val : $0.30 billion )
Shares oustanding : 234 millions  LINKS SEC  Company

5yr  INVN  

Updated - 10/22/2014  INVN Valuation : $16.67 / share , Total value : $1.50 billions
(Base FCF : $0.10 billions , multiple 15 , Net book value for val : 0 )
Shares oustanding : 90 millions  LINKS SEC  Company

5yr  GWRE  

Updated - 10/22/2014  GWRE Valuation : $21.43 / share , Total value : $1.50 billions
(Base FCF : $0.06 billions , multiple 15 , Net book value for val : $0.60 billion )
Shares oustanding : 70 millions  LINKS SEC  Company

5yr  NMBL  

Updated - 10/22/2014  NMBL Valuation : $20.43 / share , Total value : $1.43 billions
(Base FCF : $0.05 billions , multiple 25 , Net book value for val : $0.18 billion )
Shares oustanding :70 millions  LINKS SEC  Company

5yr  MKSI  

Updated - 10/22/2014  MKSI Valuation : $26.42 / share , Total value : $1.40 billions
(Base FCF : $0.05 billions , multiple 12 , Net book value for val : $0.80 billion )
Shares oustanding : 53 millions  LINKS SEC  Company

5yr  FCS  

Updated - 10/22/2014  FCS Valuation : $10.85 / share , Total value : $1.40 billions
(Base FCF : $0.10 billions , multiple 10 , Net book value for val : $0.40 billion )
Shares oustanding : 129 millions  LINKS SEC  Company

5yr  VRNT  

Updated - 10/22/2014  VRNT Valuation : $26.02 / share , Total value : $1.40 billions
(Base FCF :$0.15 billions , multiple 12 , Net book value for val : -$0.40 billion )
Shares oustanding : 54 millions  LINKS SEC  Company

5yr  CGNX  

Updated - 10/22/2014  CGNX Valuation :$15.91 / share , Total value : $1.40 billions
(Base FCF : $0.075 billions , multiple 12 , Net book value for val : $0.50 billion )
Shares oustanding : 88 millions  LINKS SEC  Company

5yr  DNB  

Updated - 10/22/2014  DNB Valuation : $32.91 / share , Total value : $1.30 billions
(Base FCF : $0.275 billions , multiple 12 , Net book value for val :-$2.00 billion )
Shares oustanding : 40 millions  LINKS SEC  Company

5yr  AMD  

Updated - 10/22/2014  AMD Valuation : $1.72 / share , Total value : $1.30 billions
(Base FCF : $0.20 billions , multiple 10 , Net book value for val : -$0.70 billion )
Shares oustanding : 754 millions  LINKS SEC  Company

5yr  NTCT  

Updated - 10/22/2014  NTCT Valuation : $30.95 / share , Total value : $1.30 billions
(Base FCF :$0.10 billions , multiple 13 , Net book value for val : 0)
Shares oustanding : 42 millions  LINKS SEC  Company

5yr  SSNC  

Updated - 10/22/2014  SSNC Valuation : $15.29 / share , Total value : $1.30 billions
(Base FCF : $0.175 billions , multiple 12 , Net book value for val : -$0.80 billion )
Shares oustanding :85 millions  LINKS SEC  Company

5yr  MSCC  

Updated - 10/22/2014  MSCC Valuation : $13.74 / share , Total value : $1.25 billions
(Base FCF : $0.125 billions , multiple 10 , Net book value for val : 0 )
Shares oustanding : 91 millions  LINKS SEC  Company

5yr  PLXS  

Updated - 10/22/2014  PLXS Valuation : $35.71 / share , Total value : $1.25 billions
(Base FCF : $0.10 billions , multiple 10 , Net book value for val : $0.25 billion )
Shares oustanding : 35 millions  LINKS SEC  Company

5yr  WIN  

Updated - 10/22/2014  WIN Valuation : $2.08 / share , Total value : $1.25 billions
(Base FCF : $0.75 billions , multiple 15 , Net book value for val : -$10 billion )
Shares oustanding : 600 millions  LINKS SEC  Company

5yr  TRLA  

Updated - 10/22/2014  TRLA Valuation : $37.88 / share , Total value : $1.25 billions
(Base FCF : $0.05 billions , multiple 25 , Net book value for val : 0 )
Shares oustanding : 33 millions  LINKS SEC  Company

5yr  MANH  

Updated - 10/22/2014  MANH Valuation : $15.71 / share , Total value : $1.23 billions
(Base FCF : $0.075 billions , multiple 15 , Net book value for val : $0.10 billion )
Shares oustanding : 78 millions  LINKS SEC  Company

5yr  PTC  

Updated - 10/22/2014  PTC Valuation : $9.83 / share , Total value : $1.19 billions
(Base FCF : $0.12 billions , multiple 12 , Net book value for val : -$0.25 billion )
Shares oustanding : 121 millions  LINKS SEC  Company

5yr  QSII  

Updated - 10/22/2014  QSII Valuation : $19.17 / share , Total value : $1.15 billions
(Base FCF : $0.075 billions , multiple 14 , Net book value for val :$0.10 billion )
Shares oustanding : 60 millions  LINKS SEC  Company

5yr  SLH  

Updated - 10/22/2014  SLH Valuation : $16.18 / share , Total value : $1.10 billions
(Base FCF : $0.20 billions , multiple 12 , Net book value for val : -$1.30 billion )
Shares oustanding : 68 millions  LINKS SEC  Company

5yr  IDTI  

Updated - 10/22/2014  IDTI Valuation : $7.19 / share , Total value : $1.10 billions
(Base FCF : $0.05 billions , multiple 12 , Net book value for val : $0.50 billion )
Shares oustanding : 153 millions  LINKS SEC  Company

5yr  ISIL  

Updated - 10/22/2014  ISIL Valuation : $8.59 / share , Total value : $1.10 billions
(Base FCF : $0.10 billions , multiple 10 , Net book value for val : $0.10 billion )
Shares oustanding :128 millions  LINKS SEC  Company

5yr  FICO  

Updated - 10/22/2014  FICO Valuation : $30.56 / share , Total value : $1.10 billions
(Base FCF : $0.10 billions , multiple 15 , Net book value for val :-$0.40 billion )
Shares oustanding : 36 millions  LINKS SEC  Company

5yr  SNCR  

Updated - 10/22/2014  SNCR Valuation : $27.50 / share , Total value : $1.10 billions
(Base FCF : $0.05 billions , multiple 20 , Net book value for val : $0.10 billion )
Shares oustanding : 40 millions  LINKS SEC  Company

5yr  NTGR  

Updated - 10/22/2014  NTGR Valuation : $28.95 / share , Total value : $1.10 billions
(Base FCF : $0.05 billions , multiple 12 , Net book value for val : $0.50 billion )
Shares oustanding : 38 millions  LINKS SEC  Company

5yr  TDY  

Updated - 10/22/2014  TDY Valuation : $28.95 / share , Total value : $1.10 billions
(Base FCF : $0.125 billions , multiple 12 , Net book value for val : -$0.40 billion )
Shares oustanding :38 millions  LINKS SEC  Company

5yr  OMCL  

Updated - 10/22/2014  OMCL Valuation : $31.43 / share , Total value : $1.10 billions
(Base FCF : $0.05 billions , multiple 20 , Net book value for val : $0.10 billion )
Shares oustanding : 35 millions  LINKS SEC  Company

5yr  DBD  

Updated - 10/22/2014  DBD Valuation : $17.14 / share , Total value : $1.08 billions
(Base FCF :$0.09 billions , multiple 12 , Net book value for val : billion )
Shares oustanding : 63 millions  LINKS SEC  Company

5yr  LOCK  

Updated - 10/22/2014  LOCK Valuation :$11.30 / share , Total value : $1.04 billions
(Base FCF : $0.05 billions , multiple 20 , Net book value for val : $0.04 billion )
Shares oustanding : 92 millions  LINKS SEC  Company

5yr  IGTE  

Updated - 10/22/2014  IGTE Valuation : $17.93 / share , Total value : $1.04 billions
(Base FCF : $0.12 billions , multiple 12 , Net book value for val : -$0.40 billion )
Shares oustanding : 58 millions  LINKS SEC  Company

5yr  PEGA  

Updated - 10/22/2014  PEGA Valuation :$12.82 / share , Total value : $1.00 billions
(Base FCF : $0.075 billions , multiple 12 , Net book value for val : $0.10 billion )
Shares oustanding : 78 millions  LINKS SEC  Company