Model N, Inc. (MODN)

NYSE: MODN · IEX Real-Time Price · USD
28.47
+0.81 (2.93%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

Model N has a market cap or net worth of $1.11 billion. The enterprise value is $1.10 billion.

Market Cap 1.11B
Enterprise Value 1.10B

Important Dates

The next estimated earnings date is Tuesday, May 7, 2024, after market close.

Earnings Date May 7, 2024
Ex-Dividend Date n/a

Share Statistics

Model N has 39.03 million shares outstanding. The number of shares has increased by 3.66% in one year.

Shares Outstanding 39.03M
Shares Change (YoY) +3.66%
Shares Change (QoQ) +0.76%
Owned by Insiders (%) 6.21%
Owned by Institutions (%) 101.76%
Float 34.98M

Valuation Ratios

PE Ratio n/a
Forward PE 21.13
PS Ratio 4.38
Forward PS 4.07
PB Ratio 8.94
P/FCF Ratio 25.56
PEG Ratio 1.20
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 4.33
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 25.27

Financial Position

The company has a current ratio of 4.00, with a Debt / Equity ratio of 2.34.

Current Ratio 4.00
Quick Ratio 3.85
Debt / Equity 2.34
Debt / EBITDA n/a
Debt / FCF 6.69
Interest Coverage -2.44

Financial Efficiency

Return on equity (ROE) is -29.10% and return on invested capital (ROIC) is -0.78%.

Return on Equity (ROE) -29.10%
Return on Assets (ROA) -6.40%
Return on Capital (ROIC) -0.78%
Revenue Per Employee $233,058
Profits Per Employee -$29,082
Employee Count 1,089
Asset Turnover 0.51
Inventory Turnover n/a

Taxes

In the past 12 months, Model N has paid $3.13 million in taxes.

Income Tax 3.13M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -13.04% in the last 52 weeks. The beta is 0.69, so Model N's price volatility has been lower than the market average.

Beta (1Y) 0.69
52-Week Price Change -13.04%
50-Day Moving Average 26.42
200-Day Moving Average 27.22
Relative Strength Index (RSI) 71.48
Average Volume (30 Days) 280,947

Short Selling Information

The latest short interest is 2.79 million, so 7.15% of the outstanding shares have been sold short.

Short Interest 2.79M
Short Previous Month 2.61M
Short % of Shares Out 7.15%
Short % of Float 7.98%
Short Ratio (days to cover) 10.22

Income Statement

In the last 12 months, Model N had revenue of $253.80 million and -$31.67 million in losses. Loss per share was -$0.84.

Revenue 253.80M
Gross Profit 143.98M
Operating Income -3.24M
Pretax Income -28.54M
Net Income -31.67M
EBITDA -12.33M
EBIT -20.24M
Loss Per Share -$0.84
Full Income Statement

Balance Sheet

The company has $303.38 million in cash and $290.77 million in debt, giving a net cash position of $12.60 million or $0.32 per share.

Cash & Cash Equivalents 303.38M
Total Debt 290.77M
Net Cash 12.60M
Net Cash Per Share $0.32
Equity / Book Value 124.34M
Book Value Per Share 3.19
Working Capital 301.27M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $43.99 million and capital expenditures -$520,000, giving a free cash flow of $43.47 million.

Operating Cash Flow 43.99M
Capital Expenditures -520,000
Free Cash Flow 43.47M
FCF Per Share $1.12
Full Cash Flow Statement

Margins

Gross margin is 56.73%, with operating and profit margins of -1.27% and -12.48%.

Gross Margin 56.73%
Operating Margin -1.27%
Pretax Margin -11.24%
Profit Margin -12.48%
EBITDA Margin -4.86%
EBIT Margin -7.97%
FCF Margin 17.13%

Dividends & Yields

Model N does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -3.66%
Shareholder Yield -3.66%
Earnings Yield -2.85%
FCF Yield 3.91%
Dividend Details

Analyst Forecast

The average price target for Model N is $34.89, which is 22.55% higher than the current price. The consensus rating is "Buy".

Price Target $34.89
Price Target Difference 22.55%
Analyst Consensus Buy
Analyst Count 11
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Model N has an Altman Z-Score of 1.96 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.96
Piotroski F-Score 4