Intrinsic value of New Relic - NEWR

Previous Close

$46.52

  Intrinsic Value

$14.83

stock screener

  Rating & Target

str. sell

-68%

  Value-price divergence*

-95%

Previous close

$46.52

 
Intrinsic value

$14.83

 
Up/down potential

-68%

 
Rating

str. sell

 
Value-price divergence*

-95%

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of NEWR stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2017), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 2.5

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2017(a)
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  45.30
  40.40
  36.86
  33.67
  30.81
  28.23
  25.90
  23.81
  21.93
  20.24
  18.71
  17.34
  16.11
  15.00
  14.00
  13.10
  12.29
  11.56
  10.90
  10.31
  9.78
  9.30
  8.87
  8.49
  8.14
  7.82
  7.54
  7.29
  7.06
  6.85
  6.67
Revenue, $m
  263
  369
  505
  676
  884
  1,133
  1,427
  1,766
  2,154
  2,589
  3,074
  3,607
  4,188
  4,817
  5,491
  6,210
  6,973
  7,779
  8,627
  9,517
  10,448
  11,420
  12,434
  13,489
  14,586
  15,727
  16,914
  18,146
  19,427
  20,758
  22,142
Variable operating expenses, $m
 
  342
  468
  625
  817
  1,048
  1,319
  1,632
  1,990
  2,392
  2,840
  3,331
  3,868
  4,448
  5,070
  5,735
  6,439
  7,184
  7,967
  8,788
  9,648
  10,546
  11,482
  12,456
  13,470
  14,523
  15,619
  16,757
  17,940
  19,169
  20,447
Fixed operating expenses, $m
 
  85
  87
  89
  92
  94
  96
  99
  101
  104
  106
  109
  112
  114
  117
  120
  123
  126
  129
  133
  136
  139
  143
  146
  150
  154
  158
  162
  166
  170
  174
Total operating expenses, $m
  325
  427
  555
  714
  909
  1,142
  1,415
  1,731
  2,091
  2,496
  2,946
  3,440
  3,980
  4,562
  5,187
  5,855
  6,562
  7,310
  8,096
  8,921
  9,784
  10,685
  11,625
  12,602
  13,620
  14,677
  15,777
  16,919
  18,106
  19,339
  20,621
Operating income, $m
  -61
  -58
  -50
  -39
  -25
  -8
  12
  35
  63
  93
  128
  167
  209
  254
  303
  355
  411
  469
  531
  596
  664
  735
  809
  886
  967
  1,050
  1,137
  1,228
  1,322
  1,419
  1,521
EBITDA, $m
  -42
  -50
  -39
  -25
  -8
  14
  40
  69
  104
  143
  186
  234
  287
  344
  405
  471
  540
  614
  692
  773
  858
  947
  1,040
  1,137
  1,238
  1,343
  1,452
  1,565
  1,683
  1,806
  1,933
Interest expense (income), $m
  0
  0
  2
  4
  8
  12
  17
  22
  29
  37
  45
  55
  66
  77
  89
  103
  117
  132
  148
  165
  182
  201
  220
  240
  261
  282
  305
  328
  353
  378
  404
Earnings before tax, $m
  -61
  -58
  -51
  -43
  -33
  -20
  -5
  13
  33
  57
  83
  112
  144
  177
  214
  253
  294
  337
  383
  431
  482
  534
  589
  646
  706
  768
  832
  899
  969
  1,041
  1,117
Tax expense, $m
  0
  0
  0
  0
  0
  0
  0
  3
  9
  15
  22
  30
  39
  48
  58
  68
  79
  91
  103
  116
  130
  144
  159
  175
  191
  207
  225
  243
  262
  281
  302
Net income, $m
  -61
  -58
  -51
  -43
  -33
  -20
  -5
  9
  24
  41
  60
  82
  105
  129
  156
  184
  214
  246
  280
  315
  352
  390
  430
  472
  515
  560
  608
  656
  707
  760
  815

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  206
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  352
  232
  317
  424
  554
  711
  895
  1,108
  1,351
  1,625
  1,929
  2,263
  2,628
  3,022
  3,445
  3,896
  4,375
  4,880
  5,412
  5,971
  6,555
  7,164
  7,800
  8,462
  9,151
  9,867
  10,611
  11,384
  12,188
  13,023
  13,891
Adjusted assets (=assets-cash), $m
  146
  232
  317
  424
  554
  711
  895
  1,108
  1,351
  1,625
  1,929
  2,263
  2,628
  3,022
  3,445
  3,896
  4,375
  4,880
  5,412
  5,971
  6,555
  7,164
  7,800
  8,462
  9,151
  9,867
  10,611
  11,384
  12,188
  13,023
  13,891
Revenue / Adjusted assets
  1.801
  1.591
  1.593
  1.594
  1.596
  1.594
  1.594
  1.594
  1.594
  1.593
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
  1.594
Average production assets, $m
  49
  69
  94
  126
  164
  211
  265
  329
  401
  482
  572
  671
  779
  896
  1,021
  1,155
  1,297
  1,447
  1,605
  1,770
  1,943
  2,124
  2,313
  2,509
  2,713
  2,925
  3,146
  3,375
  3,613
  3,861
  4,118
Working capital, $m
  122
  -37
  -51
  -68
  -88
  -113
  -143
  -177
  -215
  -259
  -307
  -361
  -419
  -482
  -549
  -621
  -697
  -778
  -863
  -952
  -1,045
  -1,142
  -1,243
  -1,349
  -1,459
  -1,573
  -1,691
  -1,815
  -1,943
  -2,076
  -2,214
Total debt, $m
  0
  43
  120
  216
  334
  475
  640
  832
  1,051
  1,297
  1,571
  1,872
  2,200
  2,554
  2,935
  3,341
  3,772
  4,227
  4,706
  5,209
  5,734
  6,283
  6,855
  7,451
  8,071
  8,715
  9,385
  10,081
  10,804
  11,555
  12,337
Total liabilities, $m
  165
  208
  285
  381
  499
  640
  805
  997
  1,216
  1,462
  1,736
  2,037
  2,365
  2,719
  3,100
  3,506
  3,937
  4,392
  4,871
  5,374
  5,899
  6,448
  7,020
  7,616
  8,236
  8,880
  9,550
  10,246
  10,969
  11,720
  12,502
Total equity, $m
  187
  23
  32
  42
  55
  71
  89
  111
  135
  162
  193
  226
  263
  302
  344
  390
  437
  488
  541
  597
  655
  716
  780
  846
  915
  987
  1,061
  1,138
  1,219
  1,302
  1,389
Total liabilities and equity, $m
  352
  231
  317
  423
  554
  711
  894
  1,108
  1,351
  1,624
  1,929
  2,263
  2,628
  3,021
  3,444
  3,896
  4,374
  4,880
  5,412
  5,971
  6,554
  7,164
  7,800
  8,462
  9,151
  9,867
  10,611
  11,384
  12,188
  13,022
  13,891
Debt-to-equity ratio
  0.000
  1.880
  3.800
  5.110
  6.020
  6.680
  7.160
  7.510
  7.780
  7.980
  8.140
  8.270
  8.370
  8.450
  8.520
  8.580
  8.620
  8.660
  8.700
  8.720
  8.750
  8.770
  8.790
  8.810
  8.820
  8.830
  8.840
  8.860
  8.860
  8.870
  8.880
Adjusted equity ratio
  -0.130
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  -61
  -58
  -51
  -43
  -33
  -20
  -5
  9
  24
  41
  60
  82
  105
  129
  156
  184
  214
  246
  280
  315
  352
  390
  430
  472
  515
  560
  608
  656
  707
  760
  815
Depreciation, amort., depletion, $m
  19
  8
  11
  14
  18
  22
  28
  34
  41
  49
  58
  67
  78
  90
  102
  116
  130
  145
  160
  177
  194
  212
  231
  251
  271
  293
  315
  338
  361
  386
  412
Funds from operations, $m
  47
  -50
  -41
  -29
  -15
  2
  23
  44
  66
  91
  119
  149
  183
  219
  258
  300
  344
  391
  440
  492
  546
  602
  661
  723
  787
  853
  922
  994
  1,069
  1,146
  1,227
Change in working capital, $m
  28
  -11
  -14
  -17
  -21
  -25
  -29
  -34
  -39
  -44
  -48
  -53
  -58
  -63
  -67
  -72
  -76
  -81
  -85
  -89
  -93
  -97
  -101
  -106
  -110
  -114
  -119
  -123
  -128
  -133
  -138
Cash from operations, $m
  19
  -39
  -27
  -12
  6
  27
  52
  77
  104
  134
  167
  202
  241
  282
  326
  372
  420
  472
  525
  581
  639
  700
  763
  828
  896
  967
  1,041
  1,117
  1,197
  1,279
  1,365
Maintenance CAPEX, $m
  0
  -5
  -7
  -9
  -13
  -16
  -21
  -27
  -33
  -40
  -48
  -57
  -67
  -78
  -90
  -102
  -116
  -130
  -145
  -160
  -177
  -194
  -212
  -231
  -251
  -271
  -293
  -315
  -338
  -361
  -386
New CAPEX, $m
  -25
  -20
  -25
  -32
  -39
  -46
  -55
  -63
  -72
  -81
  -90
  -99
  -108
  -117
  -125
  -134
  -142
  -150
  -158
  -165
  -173
  -181
  -188
  -196
  -204
  -212
  -221
  -229
  -238
  -248
  -257
Cash from investing activities, $m
  -19
  -25
  -32
  -41
  -52
  -62
  -76
  -90
  -105
  -121
  -138
  -156
  -175
  -195
  -215
  -236
  -258
  -280
  -303
  -325
  -350
  -375
  -400
  -427
  -455
  -483
  -514
  -544
  -576
  -609
  -643
Free cash flow, $m
  0
  -64
  -59
  -53
  -46
  -36
  -23
  -12
  -1
  13
  29
  46
  66
  87
  111
  136
  163
  192
  223
  255
  289
  324
  362
  401
  441
  484
  528
  573
  621
  670
  722
Issuance/(repayment) of debt, $m
  0
  43
  77
  96
  118
  141
  166
  192
  219
  246
  274
  301
  328
  355
  381
  406
  431
  455
  479
  502
  526
  549
  572
  596
  620
  644
  670
  696
  723
  752
  781
Issuance/(repurchase) of shares, $m
  22
  81
  60
  54
  46
  36
  23
  12
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  22
  124
  137
  150
  164
  177
  189
  204
  219
  246
  274
  301
  328
  355
  381
  406
  431
  455
  479
  502
  526
  549
  572
  596
  620
  644
  670
  696
  723
  752
  781
Total cash flow (excl. dividends), $m
  22
  61
  77
  96
  118
  141
  166
  191
  218
  259
  302
  347
  394
  442
  491
  542
  594
  647
  701
  757
  814
  873
  934
  996
  1,061
  1,128
  1,197
  1,269
  1,344
  1,422
  1,503
Retained Cash Flow (-), $m
  6
  -81
  -60
  -54
  -46
  -36
  -23
  -21
  -24
  -27
  -30
  -33
  -36
  -39
  -42
  -45
  -48
  -51
  -53
  -56
  -58
  -61
  -64
  -66
  -69
  -72
  -74
  -77
  -80
  -84
  -87
Prev. year cash balance distribution, $m
 
  187
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  167
  18
  43
  72
  105
  142
  170
  194
  232
  272
  314
  357
  402
  449
  497
  546
  596
  648
  701
  756
  812
  870
  930
  992
  1,056
  1,123
  1,192
  1,264
  1,339
  1,417
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  160
  16
  37
  59
  82
  103
  115
  121
  133
  143
  149
  152
  153
  151
  146
  139
  130
  119
  108
  96
  84
  72
  61
  51
  41
  33
  26
  20
  15
  11
Current shareholders' claim on cash, %
  100
  50.0
  39.7
  34.0
  30.7
  28.8
  27.9
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5
  27.5

New Relic, Inc., a software-as-a-service company, provides software analytics products worldwide. The company’s cloud-based platform and suite of products enables organizations to collect, store, and analyze software data in real time. It provides New Relic Application Performance Management that offers visibility into the performance and usage of server-based applications, such as data pertaining to response time, transaction throughput, error rates, top transactions, and user satisfaction; New Relic Mobile, which provides code-level visibility into the performance and health of mobile applications running on the iOS and Android mobile operating systems; and New Relic Servers for the visibility into server and operating system performance for physical and virtual servers. The company also offers New Relic Browser, a product that monitors the page view experiences of actual end-users for desktop and mobile browser-based applications; New Relic Synthetics, which simulates usage and reproduces business-critical functionality that enables its users to test their software throughout the development life cycle; and New Relic Alerts, a centralized notification system for managing alert policies and alert conditions. In addition, it provides New Relic Plugins, which offers a plugin architecture, including application programming interfaces and software development kits for customers and partners to embed and extend its solution into their products; and New Relic Insights that enables technology and business users to perform real-time analysis to make data-driven decisions about their organizations; and real-time dashboards for tracking business metrics from a set of application sources, as well as live-state server configuration monitoring across cloud infrastructure. The company sells its products primarily through direct sales, online and offline sales, and marketing activities. New Relic, Inc. was founded in 2007 and is headquartered in San Francisco, California.

FINANCIAL RATIOS  of  New Relic (NEWR)

Valuation Ratios
P/E Ratio -40.6
Price to Sales 9.4
Price to Book 13.3
Price to Tangible Book
Price to Cash Flow 130.5
Price to Free Cash Flow -413.1
Growth Rates
Sales Growth Rate 45.3%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 38.9%
Cap. Spend. - 3 Yr. Gr. Rate 9.3%
Financial Strength
Quick Ratio NaN
Current Ratio 0
LT Debt to Equity 0%
Total Debt to Equity 0%
Interest Coverage 0
Management Effectiveness
Return On Assets -18.9%
Ret/ On Assets - 3 Yr. Avg. -24.7%
Return On Total Capital -32.1%
Ret/ On T. Cap. - 3 Yr. Avg. -35.2%
Return On Equity -32.1%
Return On Equity - 3 Yr. Avg. -35.2%
Asset Turnover 0.8
Profitability Ratios
Gross Margin 81%
Gross Margin - 3 Yr. Avg. 80.5%
EBITDA Margin -16%
EBITDA Margin - 3 Yr. Avg. -27.3%
Operating Margin -23.6%
Oper. Margin - 3 Yr. Avg. -35.5%
Pre-Tax Margin -23.2%
Pre-Tax Margin - 3 Yr. Avg. -35.2%
Net Profit Margin -23.2%
Net Profit Margin - 3 Yr. Avg. -35.2%
Effective Tax Rate 0%
Eff/ Tax Rate - 3 Yr. Avg. 0%
Payout Ratio 0%

NEWR stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the NEWR stock intrinsic value calculation we used $263 million for the last fiscal year's total revenue generated by New Relic. The default revenue input number comes from 2017 income statement of New Relic. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our NEWR stock valuation model: a) initial revenue growth rate of 40.4% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for NEWR is calculated based on our internal credit rating of New Relic, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of New Relic.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of NEWR stock the variable cost ratio is equal to 92.8%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $83 million in the base year in the intrinsic value calculation for NEWR stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for New Relic.

Corporate tax rate of 27% is the nominal tax rate for New Relic. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the NEWR stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for NEWR are equal to 18.6%.

Life of production assets of 10 years is the average useful life of capital assets used in New Relic operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for NEWR is equal to -10%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $187 million for New Relic - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 53.943 million for New Relic is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of New Relic at the current share price and the inputted number of shares is $2.5 billion.

RELATED COMPANIES Price Int.Val. Rating
MSFT Microsoft 72.15 47.21  sell
CRM Salesforce.com 91.76 68.76  sell
IBM International 140.33 167.94  hold
CA CA 32.56 56.09  str.buy
ORCL Oracle 48.90 53.68  hold
SAP SAP ADR 104.93 167.24  str.buy
RHT Red Hat 102.65 92.19  hold
AMZN Amazon.com 953.29 870.28  hold
HPE Hewlett Packar 17.31 35.08  str.buy
CUDA Barracuda Netw 23.35 16.74  sell

COMPANY NEWS

▶ ETFs with exposure to New Relic, Inc. : August 11, 2017   [Aug-11-17 06:05PM  Capital Cube]
▶ New Relic to Present at Upcoming Investor Conferences   [Aug-04-17 08:00AM  Business Wire]
▶ ETFs with exposure to New Relic, Inc. : July 31, 2017   [Jul-31-17 04:58PM  Capital Cube]
▶ ETFs with exposure to New Relic, Inc. : July 10, 2017   [Jul-10-17 02:56PM  Capital Cube]
▶ ETFs with exposure to New Relic, Inc. : June 26, 2017   [Jun-26-17 04:30PM  Capital Cube]
▶ ETFs with exposure to New Relic, Inc. : June 15, 2017   [Jun-15-17 02:44PM  Capital Cube]
▶ ETFs with exposure to New Relic, Inc. : June 2, 2017   [Jun-02-17 02:21PM  Capital Cube]
▶ Cramer reaches for the cloud with New Relic's CEO   [May-25-17 07:12PM  CNBC Videos]
▶ ETFs with exposure to New Relic, Inc. : May 23, 2017   [May-23-17 01:00PM  Capital Cube]
▶ New Relic to Present at Upcoming Investor Conferences   [May-17-17 07:00AM  Business Wire]
▶ New Relic reports 4Q loss   [May-09-17 07:16PM  Associated Press]
▶ New Relic expects better-than-forecast quarterly results   [Apr-04-17 04:40PM  MarketWatch]
▶ Splunk and New Relic Power Digital Business Success   [Mar-22-17 08:00AM  Business Wire]
▶ New Relic Continues Major Growth Across Europe   [Mar-16-17 06:55AM  Business Wire]
▶ [$$] Slack Adds Square Exec Sarah Friar to Board   [Mar-15-17 04:04PM  The Wall Street Journal]
▶ Moody's Affirms Thirteen Classes of WFRBS 2013-C13   [Mar-02-17 12:50PM  at Moody's]
▶ Kristy Friedrichs Joins New Relic as Chief People Officer   [Feb-22-17 06:55AM  Business Wire]
▶ New Relic reports 3Q loss   [05:34PM  AP]
▶ Behind New Relics Recent 32% Rally   [Jan-26-17 06:04PM  at Investopedia]
▶ Behind New Relics Recent 32% Rally   [03:01PM  at Investopedia]
▶ [$$] Cisco Acquisition Boosts New Relic   [03:09PM  at Barrons.com]
▶ Why New Relic Shares Soared Today   [01:12PM  at Motley Fool]
▶ Cisco Spends $3.7B on Software Startup AppDynamics   [Jan-24-17 08:46PM  at Barrons.com]
▶ Have Hedge Funds Found A Winner In New Relic Inc (NEWR)?   [Nov-28-16 10:44PM  at Insider Monkey]
Stock chart of NEWR Financial statements of NEWR
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.