N

N-Able Inc
NYSE:NABL

Watchlist Manager
N-Able Inc
NYSE:NABL
Watchlist
Price: 5.28 USD 1.54%
Market Cap: $994.6m

EV/EBITDA

15.8
Current
35%
Cheaper
vs 3-y average of 24.3

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
15.8
=
Enterprise Value
$1.2B
/
EBITDA
$80.8m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
15.8
=
Enterprise Value
$1.2B
/
EBITDA
$80.8m

Valuation Scenarios

N-Able Inc is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (24.3), the stock would be worth $8.13 (54% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-9%
Maximum Upside
+81%
Average Upside
37%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 15.8 $5.28
0%
3-Year Average 24.3 $8.13
+54%
5-Year Average 28.5 $9.53
+81%
Industry Average 19.4 $6.48
+23%
Country Average 14.4 $4.81
-9%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$1.2B
/
Jan 2026
$80.8m
=
15.8
Current
$1.2B
/
Dec 2026
$172.6m
=
6.7
Forward
$1.2B
/
Dec 2027
$193.1m
=
6
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
US
N-Able Inc
NYSE:NABL
985.7m USD 15.8 -57.9
US
Microsoft Corp
NASDAQ:MSFT
3.1T USD 17.6 26.5
US
Oracle Corp
NYSE:ORCL
510.5B USD 21.6 32.7
US
Palo Alto Networks Inc
NASDAQ:PANW
138.4B USD 78.6 95.9
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
107.4B USD 3 245 -685.4
US
ServiceNow Inc
NYSE:NOW
104.4B USD 39.4 60.7
US
VMware Inc
XETRA:BZF1
58B EUR 22.1 47.9
US
Fortinet Inc
NASDAQ:FTNT
61.4B USD 27 34.1
CN
Knowledge Atlas Technology JSC Ltd
HKEX:2513
429.2B HKD -106.6 -80.1
US
Xperi Holding Corp
LSE:0M2A
54.6B USD 212.5 491.7
CN
MiniMax Group Inc
HKEX:100
278.4B HKD -20 -18.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
N
N-Able Inc
NYSE:NABL
Average EV/EBITDA: 408.8
15.8
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
17.6
19%
0.9
US
Oracle Corp
NYSE:ORCL
21.6
43%
0.5
US
Palo Alto Networks Inc
NASDAQ:PANW
78.6
49%
1.6
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
3 245
345%
9.4
US
ServiceNow Inc
NYSE:NOW
39.4
47%
0.8
US
V
VMware Inc
XETRA:BZF1
22.1
19%
1.2
US
Fortinet Inc
NASDAQ:FTNT
27
17%
1.6
CN
K
Knowledge Atlas Technology JSC Ltd
HKEX:2513
Negative Multiple: -106.6 N/A N/A
US
Xperi Holding Corp
LSE:0M2A
212.5
N/A N/A
CN
MiniMax Group Inc
HKEX:100
Negative Multiple: -20 N/A N/A
P/E Multiple
Earnings Growth PEG
US
N
N-Able Inc
NYSE:NABL
Average P/E: 112.8
Negative Multiple: -57.9
N/A N/A
US
Microsoft Corp
NASDAQ:MSFT
26.5
18%
1.5
US
Oracle Corp
NYSE:ORCL
32.7
37%
0.9
US
Palo Alto Networks Inc
NASDAQ:PANW
95.9
50%
1.9
US
CrowdStrike Holdings Inc
NASDAQ:CRWD
Negative Multiple: -685.4 N/A N/A
US
ServiceNow Inc
NYSE:NOW
60.7
54%
1.1
US
V
VMware Inc
XETRA:BZF1
47.9
39%
1.2
US
Fortinet Inc
NASDAQ:FTNT
34.1
15%
2.3
CN
K
Knowledge Atlas Technology JSC Ltd
HKEX:2513
Negative Multiple: -80.1 N/A N/A
US
Xperi Holding Corp
LSE:0M2A
491.7
N/A N/A
CN
MiniMax Group Inc
HKEX:100
Negative Multiple: -18.5 N/A N/A

Market Distribution

In line with most companies in the United States of America
Percentile
55th
Based on 9 875 companies
55th percentile
15.8
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

N-Able Inc
Glance View

N-Able Inc. unfolded its narrative at the intersection of technology and business, positioning itself as a crucial player in the realm of IT management and security software for managed service providers (MSPs). Born from a spin-off of SolarWinds, N-Able set sail with a robust foundation, driven by an understanding that small and medium-sized enterprises (SMEs) often lack the resources to maintain complex IT systems. This gap in the market provided N-Able with a fertile ground, allowing it to develop and offer a range of cloud-based solutions that empower MSPs in managing network infrastructures for these SMEs, thereby addressing their diverse technological needs. The company's suite of products includes tools for remote monitoring, data protection, security, and automation, which are designed to help MSPs operate more efficiently by simplifying the management of IT systems and cybersecurity measures. The company's business model revolves around a subscription-based service, which ensures a recurring revenue stream and reinforces a strong customer relationship. By adopting this model, N-Able aligns its growth strategy with the success of its MSP partners, as these service providers rely on N-Able's tools to deliver reliable IT services to their end clients. This approach not only creates a dependable source of income but also fosters a symbiotic relationship where continuous product improvement is not just beneficial but necessary for mutual success. Moreover, as cyber threats continue to evolve, N-Able's commitment to innovation in cybersecurity offerings stays at the core of its narrative, ensuring that both N-Able and its clients stay ahead in the ever-changing digital landscape.

NABL Intrinsic Value
11.25 USD
Undervaluation 53%
Intrinsic Value
Price $5.28
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