Arlo Technologies, Inc.
ARLO
Household Audio & Video Equipment
Mkt Cap
$1.313BPE
-75.31Debt
-Cash
$66.24MEV
-FCF
$45.5MP/E Ratio
-75.31Debt
-Cash
$66.24MEV
-FCF
$45.5MCharts data: {"Earnings":[{"time":"2016-12-30","value":-13743000},{"time":"2017-12-30","value":6549000},{"time":"2019-12-30","value":-85951000},{"time":"2020-12-30","value":-101251000},{"time":"2021-12-30","value":-56029000},{"time":"2022-12-30","value":-56626000},{"time":"2023-12-30","value":-22036000}],"Sales":[{"time":"2016-12-30","value":184604000},{"time":"2017-12-30","value":370658000},{"time":"2019-12-30","value":370007000},{"time":"2020-12-30","value":357154000},{"time":"2021-12-30","value":435137000},{"time":"2022-12-30","value":490414000},{"time":"2023-12-30","value":491176000}],"Net Margins":[{"time":"2016-12-30","value":-0.07444584082685099},{"time":"2017-12-30","value":0.017668578581873318},{"time":"2019-12-30","value":-0.23229560521827966},{"time":"2020-12-30","value":-0.28349395498860436},{"time":"2021-12-30","value":-0.1287617463005904},{"time":"2022-12-30","value":-0.11546570856460052},{"time":"2023-12-30","value":-0.044863755558089156}],"Assets":[{"time":"2017-12-30","value":269820000},{"time":"2019-12-30","value":542712000},{"time":"2020-12-30","value":413968000},{"time":"2021-12-30","value":347490000},{"time":"2022-12-30","value":272201000},{"time":"2023-12-30","value":285538000}],"Stockholders Equity":[{"time":"2016-12-30","value":73174000},{"time":"2017-12-30","value":125419000},{"time":"2019-12-30","value":203376000},{"time":"2020-12-30","value":133767000},{"time":"2021-12-30","value":112652000},{"time":"2022-12-30","value":87695000},{"time":"2023-12-30","value":103276000}],"ROE":[{"time":"2016-12-30","value":-0.18781261103670702},{"time":"2017-12-30","value":0.05221696872084772},{"time":"2019-12-30","value":-0.42262115490520025},{"time":"2020-12-30","value":-0.7569206156974441},{"time":"2021-12-30","value":-0.49736356212051275},{"time":"2022-12-30","value":-0.6457152631278864},{"time":"2023-12-30","value":-0.21336999883806498}],"ROA":[{"time":"2017-12-30","value":0.021240085983248093},{"time":"2019-12-30","value":-0.15030255457775027},{"time":"2020-12-30","value":-0.2430767595562942},{"time":"2021-12-30","value":-0.1592909148464704},{"time":"2022-12-30","value":-0.20444818351144925},{"time":"2023-12-30","value":-0.07305857714209667}]}
Arlo Technologies, Inc., together with its subsidiaries, provides a cloud-based platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. It combines an intelligent cloud infrastructure and mobile app with various smart connected devices. The company offers Arlo Home Security System, an all-in-one multi-sensor that provides access to security experts for monitoring and responding to emergency situations; Arlo Pro 5S, a pro 5S 2K security camera; Arlo Go 2, a camera for monitoring remote areas, large properties, construction sites, vacation homes, boat or RV slips, and hard-to-access areas; Arlo Video Doorbell delivers direct-to-mobile video calls and personalized alerts; Arlo Floodlight Camera, a wire-free floodlight camera; Arlo Ultra 2; Arlo Essential XL spotlight camera for stand-alone home security; Arlo Essential Video Doorbell that enables users to see packages on the ground or visitors from head-to-toe on their mobile devices; Arlo Pro 4 camera; and Arlo Essential indoor camera; Arlo Go 2 LTE/Wi-Fi security camera. It also provides charging accessories and mounts; Arlo Secure subscriptions, including emergency response, 2K and 4K secure plus plans cloud-based video recording, unlimited cameras, advanced object detection, smart interactive notifications, smoke and CO alarm detection, cloud-based activity zones, call a friend, and 24/7 priority support and professional monitoring services; Arlo Safe app, personal safety app that offers one-touch emergency response, family safety, and crash detection and response services; and Arlo SmartCloud, a SaaS solution that delivers security cloud services for business. The company offers its products through retailers, wholesale distributors, broadcast channels, wireless carriers, and security solution providers, as well as through its website. Arlo Technologies, Inc. was incorporated in 2018 and is headquartered in Carlsbad, California.
Sector
DCF
Discounted Cash Flow Valuation of Arlo Technologies, Inc.
Value
Growth
%
%
Discount
%
%
Multiple
| g\r | +10% | +11% | +12% | +13% | +14% |
|---|---|---|---|---|---|
| 0% | 10 | 9 | 8 | 8 | 7 |
| +1% | 11 | 10 | 9 | 8 | 8 |
| +2% | 13 | 11 | 10 | 9 | 8 |
| +3% | 14 | 13 | 11 | 10 | 9 |
| +4% | 17 | 14 | 12 | 11 | 10 |
| Years | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | TV |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FCF | $45.5M | $51.2M | $57.18M | $63.39M | $69.74M | $76.15M | $82.5M | $88.7M | $94.62M | $100.1M | $105.1M | $1.051B |
| DCF | $44.52M | $43.24M | $41.68M | $39.88M | $37.86M | $35.67M | $33.34M | $30.93M | $28.47M | $25.99M | $259.9M | |
| Value | $621.5M | |||||||||||
In the chart Earnings are multiplied by this value.
Earnings Growth -100%
Earnings Stability -28%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2016 | 12-2017 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|
| Net Margin | -7.4% | 1.8% | -23% | -28% | -13% | -12% | -4.5% | -3.5% |
| ROA | - | 2.1% | -15% | -24% | -16% | -20% | -7.3% | -5.7% |
| ROE | -19% | 5.2% | -42% | -76% | -50% | -65% | -21% | -17% |
What is the average Net Margin?
The average Net Margin over the past 5 years is -13.12%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is +0.55%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is -13.48%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is -1.57%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is -41.4%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is -4.96%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2016 | 12-2017 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | - | - | - | - | - | - | - | - | ||
| Debt Equity | - | - | - | - | - | - | - | - | ||
| MIN | ||||||||||
| Graham Stability | - | - | - | - | - | - | - | - | ||
What is the Debt/FCF?
The Debt/FCF trailing twelve month is -.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is -.
What is the Graham’s Stability?
Graham’s Stability measure stands at -.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2017 | 12-2020 | 12-2022 | Trend |
|---|---|---|---|---|
| Revenue | 5.8% | 11% | 0.16% | -13% |
| Net Income | - | - | - | - |
| Stockholders Equity | -3.8% | -8.3% | 18% | -14% |
| FCF | - | - | - | - |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is +5.79%.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is -12.55%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is -.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is -.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is -3.81%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is -14.36%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is -.