MIME
Mimecast Ltd
Price:  
79.92 
USD
Volume:  
5,633,820
United Kingdom | Software

MIME DCF Valuation - Growth Exit 5Y

-88.7 %
Upside

What is the DCF valuation of MIME?

The Discounted Cash Flow (DCF) valuation of Mimecast Ltd (MIME) is 9.00 USD. With the latest stock price at 79.92 USD, the upside of Mimecast Ltd based on DCF is -88.7%.

Is MIME a buy or a sell?

Based on the latest price of 79.92 USD and our DCF valuation, Mimecast Ltd (MIME) is a sell. Selling MIME stocks now will result in a potential gain of 88.7%.

Range Selected
WACC / Discount Rate6.9% - 9.0%7.9%
Long-term Growth Rate 3.0% - 5.0%4.0%
Fair Price7.64 - 13.339.00
Upside-90.4% - -83.3%-88.7%
79.92 USD
Stock Price
9.00 USD
Fair Price
REVENUE & EXPENSES
CAPEX
D&A
WORKING CAPITAL
TERMINAL VALUE

MIME DCF Valuation: Revenue & Expenses Forecast

(USD in millions)Projections
03-202103-202203-202303-202403-202503-2026
Revenue5015896828269751,133
% Growth
17%17%16%21%18%16%
Cost of goods sold(122)(136)(149)(172)(193)(213)
% of Revenue24%23%22%21%20%19%
Selling, G&A expenses(247)(290)(336)(407)(480)(558)
% of Revenue49%49%49%49%49%49%
Research & Development(98)(114)(133)(161)(189)(220)
% of Revenue19%19%19%19%19%19%
Net interest & other expenses(4)(4)(5)(6)(7)(9)
% of Revenue1%1%1%1%1%1%
Tax expense(2)(12)(16)(22)(28)(36)
Tax rate5%27%27%27%27%27%
Net profit303243597797
% Margin6%5%6%7%8%9%