Gen Digital Inc. (GEN)
NEUTRALFundamental
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
Subscription antivirus, VPN, identity-theft protection and related security software sold under the Norton, Avast, LifeLock, AVG and Avira brands.
Lending, credit and financial-wellness products, built mainly through the 2025 acquisition of MoneyLion and sold to the same consumer base.
Vantagem competitiva
Marca · EstreitaNorton 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 cíclicoDemand 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.
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
Valor Justo
$36.23
Preço Atual
$28.52
Margem de Segurança
+21.3%
Intervalo de Valor Justo
$23.55 - $48.91
Métodos de Estimativa
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
Saúde financeira sólida
Qualidade dos Resultados
Alta qualidade: resultados respaldados por caixa
Diluição de Ações
A recomprar ações. Favorável ao acionista
Governação
Equipa Executiva
| Nome | Cargo | Idade |
|---|---|---|
| Mr. Vincent Pilette | CEO, President & Chairman | 53 |
| Ms. Natalie Marie Derse | Chief Financial Officer | 47 |
| Mr. Bryan Seuk Ko J.D. | COO, Chief Legal Officer & Corporate Secretary | 54 |
| Mr. Benjamin Lu C.F.A. | Head of Investor relations | 48 |
| Spring Harris | Head of Global Corporate Communications & PR | - |
| Ms. Kara Jordan | Chief Human Resources Officer | - |
| Mr. Travis Witteveen | Head of Products & Portfolios | 55 |
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.