Trend Micro

Trend Micro Incorporated (4701.T) (Q1FY22) – Equity Report

Highlights of the report

Trend Micro is more assertive regarding its acquisition of new customers, the company is also targeting customers in the commercial space, to further improve its market share. There were around 393k new active customers in the subscription category and ~143k in the perpetual category, which is decreasing constantly as customers shift to subscriptions.  

CrispIdea equity reports provide valuable insights to investors who may be individuals and organizations involved in the world of finance and investment like private equity houses, broking firms, hedge funds, investment advisory firms, mutual funds, banks and corporations. This research report is useful for M&A, business & investment analysis to all students and researchers also.

 

CrispIdea equity reports include basic financials, strategic analysis, competitive landscape assessments, stock performance, stock analysis and future growth potential evaluation. CrispIdea utilizes a proprietary blend of fundamental and technical analysis, offering a unique perspective. Reports present clear investment recommendations (“BUY,” “HOLD,” or “SELL”).

 

Our established reputation and track record advocates that our research carries weight within the investment community. Do connect with us, if you are looking for customized research, equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.

Trend Micro Incorporated develops and sells security-related software for computers and related services in Japan and internationally. The company offers platforms, such as vision one platform, attack surface management, extended detection and response (XDR), cloud security, endpoint security, network security, email security, OT/ICS security, and threat intelligence. 

Q1FY22 Revenue was ¥50.43bn for Q1FY22, which increased by 13% compared to ¥44.6mn in Q1FY21 Operating income was ¥11.1bn for Q1FY22, lower compared to ¥12.14bn in Q1FY21.

The stock declined after touching the high of ¥7310 in Sep 2018, since then the stock was on a down trend until
Jun 2019. The stock was close to the target mean during Oct 2019 to early Feb 2020 and further declined due to negative covid effects on equity market. The stock had a return of 45.9% during the three years period.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

Report details

Trend Micro Incorporated (4701.T) (Q1FY22) – Equity Report

Price

$272.00

Company Reports

Sector Reports