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Gen Digital Inc. (GEN)

NEUTRAL
TechnologySoftware - InfrastructureUnited States

Fundamental

70

Preço

$28.52

Capitalização de Mercado

$17.32B

Parte 1 · Quanto vale a empresa

Visão Geral

Gen Digital sells consumer-facing cybersecurity and identity-protection software under well-known brands — Norton, Avast, LifeLock, AVG, Avira and CCleaner — plus, since 2025, financial-wellness and lending products through its MoneyLion acquisition. Its core products protect a device or an identity: antivirus, VPN, dark-web monitoring and identity-theft insurance, sold mainly as subscriptions that renew automatically each year.

Como gera receita

Most revenue is the Cyber Safety Platform: subscription fees for security, privacy and identity-protection software, billed annually or monthly and renewed automatically unless a customer cancels. Trust-Based Solutions, built mainly around the 2025 MoneyLion acquisition, adds lending, credit and financial-wellness products aimed at the same subscriber base. Because software costs little to serve an additional customer, high subscriber retention converts almost directly into profit.

Receita por segmento

Cyber Safety Platform66.8%

Subscription antivirus, VPN, identity-theft protection and related security software sold under the Norton, Avast, LifeLock, AVG and Avira brands.

Trust-Based Solutions33.2%

Lending, credit and financial-wellness products, built mainly through the 2025 acquisition of MoneyLion and sold to the same consumer base.

Vantagem competitiva

Marca · Estreita

Norton and Avast are among the most recognised names in consumer security, built over decades, and that recognition plus auto-renewing subscriptions gives Gen a retention edge that a newer competitor has to fight for. But operating systems increasingly bundle native security features for free, and switching to a competing or free tool costs a consumer little, so the advantage is narrow.

O que impulsiona a procura

Moderadamente cíclico

Demand is driven less by economic cycles than by the growing volume of online fraud, identity theft and AI-enabled scams, which keeps consumers renewing protection subscriptions. Growth still slows when discretionary consumer spending tightens, since a security subscription is one of the easier line items for a household to cancel, but auto-renewal defaults make revenue comparatively sticky.

Principais riscos

  • Native operating-system security — Major operating system vendors increasingly bundle security features for free, eroding the case for a paid third-party subscription among price-sensitive consumers.
  • Cybersecurity and AI-threat evolution — The company must continuously counter cybersecurity threats and AI-enabled attacks; a service disruption or failure to keep pace with new threats would damage the trust the business depends on.
  • Subscriber renewal dependence — Revenue and results depend heavily on retaining existing subscribers and expanding what they buy; a rise in cancellations or weaker renewal rates directly reduces recurring revenue.
  • Integration of the fintech expansion — Extending into lending and financial-wellness products through the MoneyLion acquisition takes the company into new regulatory and credit-risk territory outside its historical security business.

Concentração de clientes

Gen Digital sells to tens of millions of individual consumer subscribers, with over 40 million direct customers cited in its filings, and has no material reliance on any single customer.

Os argumentos a favor

Buyers argue that Gen's trusted, decades-old brands and large subscriber base give it a retention advantage in security, and that pairing that base with MoneyLion's financial-wellness products opens a second growth avenue beyond a maturing core antivirus market.

Os argumentos contra

Sellers worry that free, built-in security from operating systems keeps eroding the case for a paid subscription, and that expanding into consumer lending through MoneyLion adds credit and regulatory risks the company has little history managing.

Dados por segmento do exercício fiscal 2026Fontes: Gen Crosses $5B in FY26 Revenue with Growth Accelerating to Double-Digits

Written by the editors, published on 18 de agosto de 2026

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

Balanço & Liquidez

Receita

$5.08B

Últimos 12 meses (até 03/07/2026)

Resultado Líquido

$1.05B

Últimos 12 meses (até 03/07/2026)

Fluxo de Caixa Livre

$1.52B

Capital Próprio Total

$2.61B

Passivo Total

$12.98B

Rácio de Liquidez

0.47

Cobertura de Juros

-

Dívida/EBITDA

3.13

Resultados Por Ação

Receita & Resultado Líquido

Fluxo de Caixa Livre

Decomposição dos Resultados

Demonstração histórica

Margens ao longo do tempo

A dívida ao longo do tempo

Quanto pesa a dívida

Grelha do crescimento

Crescimento — Receitas

Estimativa de Valor Justo

Justamente Valorizada

Valor Justo

$36.23

Preço Atual

$28.52

Margem de Segurança

+21.3%

Intervalo de Valor Justo

$23.55 - $48.91

Métodos de Estimativa

Analyst Target:$32.11
DCF:$63.07
PE-based:$15.43
Graham Growth:$46.59
EPV:$24.27
Consenso dos Analistas:Comprar (10B / 6H / 0S)
Última Surpresa de Resultados:+1.60%

Métricas de Avaliação

Rácio P/E

17.02

ROE

37.3%

Rácio P/B

6.56

P/FCF

11.26

Margem Bruta

78.0%

ROIC

12.9%

Radar de Rentabilidade

Value Creation (Economic Moat)

ROIC

12.9%

WACC

7.8%

ROIC − WACC

+5.2 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Critérios de Análise Fundamental

Aprovado (18)

  • EPS shows upward trend
  • EPS CAGR 7.06%
  • ROIC 12.9%
  • Gross Margin 78.0%
  • P/FCF 11.26
  • Operating Margin 41.7%
  • Positive Free Cash Flow
  • CapEx intensity
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 41.9%
  • Revenue Growth 5Y 14.4%
  • Analyst Consensus 63% Buy
  • PEG Ratio 1.50
  • Earnings Quality (OCF/NI) 1.49
  • Share Dilution -0.7%
  • Net Margin Trend 20.7% vs 14.1%
  • Piotroski F-Score 7/9

Reprovado (8)

  • Price CAGR 1.93%
  • P/B Ratio 6.56
  • Debt/Equity ratio
  • Current Ratio
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Fairly valued)
  • Earnings Surprise avg 1.2%

Indisponível (2)

  • Dividend Payout NaN%
  • Interest Coverage

Piotroski F-Score

7/9

Saúde financeira sólida

score
criteria

Qualidade dos Resultados

1.49

Alta qualidade: resultados respaldados por caixa

Diluição de Ações

-0.7%

A recomprar ações. Favorável ao acionista

Governação

Equipa Executiva

NomeCargoIdade
Mr. Vincent PiletteCEO, President & Chairman53
Ms. Natalie Marie DerseChief Financial Officer47
Mr. Bryan Seuk Ko J.D.COO, Chief Legal Officer & Corporate Secretary54
Mr. Benjamin Lu C.F.A.Head of Investor relations48
Spring HarrisHead of Global Corporate Communications & PR-
Ms. Kara JordanChief Human Resources Officer-
Mr. Travis WitteveenHead of Products & Portfolios55

Risco de Auditoria

3

Risco do Conselho

5

Risco de Remuneração

4

Risco dos Direitos dos Acionistas

2

Parte 2 · O preço e o momento de entrar

Esta parte não serve para saber se a empresa vale: serve para escolher quando comprá-la, depois que os fundamentos te convenceram. Dentro: análise técnica, potencial, quedas históricas, exposição gama.

Latest News

Recent headlines for GEN, sourced from Markets Gazette.

No recent news for GEN.