Information Technology · Systems Software · US stock · price as of 16 Oct 2026
Key indicators
Price
$24.16
52-week range
$17.61 – $31.65
Market cap
$14.6B
P/E (trailing)
14.1×
EV / EBITDA
8.5×
Free-cash-flow yield
10.6%
Dividend yield
2.1%
Revenue (last 12 months)
$5.1B
Revenue growth (3y a year)
14.7%
Operating margin
41.7%
Return on invested capital
14.5%
Net debt / EBITDA
2.9×
Fair value
Blended fair value$57.45 range $55 – $60
Versus priceUndervalued+138% to fair value
Peer multiples
$74.86
Fundamentals-adjusted multiple
$50.30
10-year DCF (market-scaled)
$47.19
Earnings power value (floor, not blended)
$10.01
Model uncertainty
Medium
X-Ray Score
60/ 100 · High confidence · ahead of 75% of sector peers
Valuation96
Growth63
Profitability45
Financial health38
Dividends42
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Gen Digital sells consumer cyber safety software under brands such as Norton, Avast, LifeLock and others. Its products protect devices and online activity and help guard against identity theft, and it also offers privacy tools such as virtual private networks. The company earns money from subscriptions paid by consumers, often renewed automatically, and from partner distribution. Retention of subscribers and the cost of acquiring them are important to the business.
Over the latest twelve months the company reported revenue of $5.1 billion, and annual revenue rose by 14.7% on average across three years. Profitability at the operating level stands at 41.7%, and return on invested capital came to 14%. The company carries net debt of 2.9 times its EBITDA. A dividend is paid, with a yield of 2.1%.
StocksXray gives Gen Digital Inc. an X-Ray Score of 60 out of 100 (high confidence), ahead of 75% of the S&P 500 stocks in its sector. Its strongest lens is valuation (96) and its weakest is financial health (38).
Our fair value blend is $57.45 (range $54.77 to $60.45). At $24.16 the stock trades 58% below that blend, so the label is "Undervalued" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Gen Digital Inc. (GEN)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2022
FY2023
FY2024
FY2025
FY2026
Now
Price
$24.51
$15.96
$21.38
$25.70
$18.71
$24.16
Market cap
$14.5B
$10.0B
$13.7B
$16.0B
$11.6B
$14.6B
P/E
17.4×
7.5×
22.5×
25.0×
11.9×
14.1×
EV / revenue
5.8×
5.7×
5.7×
5.9×
3.9×
4.4×
EV / EBITDA
14.3×
12.4×
13.5×
11.5×
7.4×
8.5×
Price / free cash flow
15.0×
13.3×
6.7×
13.3×
7.6×
9.4×
Free-cash-flow yield
6.7%
7.5%
14.9%
7.5%
13.2%
10.6%
Price / book
–
4.6×
6.4×
7.1×
4.4×
5.5×
Dividend yield
2.04%
3.13%
2.34%
1.95%
2.67%
2.07%
Fundamentals checklist ● 9 Good · ● 3 Average · ● 4 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−3.3%Average
Free-cash-flow yield10.6%Good
Risk models
Altman Z score0.6×Bad
Piotroski F-Score7 of 9Good
Growth
EPS growth (3y)−9.8%Bad
Free-cash-flow growth (3y)26.6%Good
Revenue growth (3y)14.7%Good
Growth consistency100%Good
Balance sheet
Current ratio0.5×Bad
Net debt / EBITDA2.9×Bad
Interest coverno interest costGood
Valuation
Fair value vs price2.4×Good
EBIT / EV yield9.6%Good
Profitability
Return on invested capital14.5%Average
Operating margin41.7%Good
Gross profitability25.3%Average
XStocksXray
Gen Digital Inc. (GEN)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY22
FY23
FY24
FY25
FY26
LTM
Revenue
2,796
3,317
3,800
3,935
5,000
5,079
Gross profit
2,388
2,728
3,069
3,159
3,923
3,962
Operating income
1,005
1,206
1,110
1,610
2,120
2,117
Net income
836
1,334
607
643
973
1,053
Diluted EPS ($)
1.41
2.14
0.95
1.03
1.57
1.71
Free cash flow
968
751
2,044
1,206
1,523
1,548
Gross margin
85.4%
82.2%
80.8%
80.3%
78.5%
78.0%
Operating margin
35.9%
36.4%
29.2%
40.9%
42.4%
41.7%
Net margin
29.9%
40.2%
16.0%
16.3%
19.5%
20.7%
Balance sheet
FY22
FY23
FY24
FY25
FY26
LTM
Total assets
6,943
15,947
15,793
15,495
15,589
15,644
Cash
1,887
750
846
1,006
411
564
Total debt
3,736
9,762
8,604
8,259
8,196
8,156
Equity
-126
2,152
2,140
2,269
2,611
2,656
Dividend per share ($)
0.50
0.50
0.50
0.50
0.50
0.50
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.