Software - Infrastructure · NASDAQ
当前价格
$133.16
内在价值
使用下方计算器估算
对 Zscaler, Inc. 运行完整的 DCF 分析,自动填充基本面数据,可调节假设参数,含敏感性热力图。
Zscaler, Inc. operates as a cloud security company worldwide. The company provides Zscaler Internet Access solution that provides users, servers, operational technology, Internet of Things device secure access to externally managed applications, including software-as-a-service (SaaS) applications and Internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. It also offers Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise. In addition, the company provides workload segmentation solutions comprising Zscaler Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and platform as a service to reduce risk and ensure compliance with industry and organizational benchmarks; and Zscaler Cloud Workload Segmentation, which is designed to secure application-to-application communications inside public clouds and data centers to stop lateral threat movement, as well as prevents application compromise and reduces the risk of data breaches. Its platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.
ROIC (TTM)
-3.2%
ROE (TTM)
-3.5%
FCF Yield
4.41%
基于过去 12 个月的数据,ZS 每股自由现金流为 N/A,投入资本回报率(ROIC)为 -3.2%,这些是使用 DCF 方法进行股票估值的关键输入。P/FCF 比率为 N/A,FCF 收益率为 4.41%,是评估 ZS 相对估值的重要参考指标。
ZS 的内在价值取决于未来增长率、折现率(WACC)和终值假设。DCF 模型将预期自由现金流折现回现值——WACC 的小幅变化可能导致估算偏移 20% 以上,因此敏感性分析至关重要。
ZS 是否被低估取决于 DCF 内在价值与当前市价 $133.16 的比较。正的安全边际(内在价值高于市价)暗示潜在低估,但置信度取决于增长率和折现率假设的可靠性。
对 Zscaler, Inc. 进行 DCF 估值的步骤:(1) 以过去 12 个月每股自由现金流为基础,(2) 根据Software - Infrastructure行业趋势和公司基本面预测未来 5-10 年的 FCF 增长,(3) 选择反映 ZS 风险的折现率(WACC),(4) 加上预测期之后的终值。
DCF(折现现金流)根据公司未来的现金产生能力估算其当前价值。对于 Zscaler, Inc.,这意味着预测Software - Infrastructure在未来 5-10 年能产生多少自由现金流,再折现到今天的价值。ZS 的 ROIC 为 -3.2%,表明公司可能面临产生超过资本成本回报的挑战。
WACC(加权平均资本成本)是 DCF 模型中的折现率——反映投资者要求的最低回报。对于 ZS,资本结构和股权风险溢价决定了 WACC。WACC 每提高 1%,内在价值通常下降 10-15%。