Présentation de l'entreprise
Science Applications International Corporation delivers technical, engineering, and mission-critical enterprise information technology services primarily within the United States. The entity operates within the Technology sector, specifically focusing on the Information Technology Services industry, where it provides specialized IT modernization solutions for defense and civilian applications. This organization employs a workforce of 23,000 individuals and holds a total market capitalization of 4,420,000,000 dollars with annual revenue reaching 7,260,000,000 dollars. These valuation figures, combined with the substantial revenue base, indicate that the company maintains a significant position as a large-cap player within the defense and civilian IT services landscape, reflecting a mature business model supported by a wide operational scale.
Santé financière
The company reported a trailing twelve-month revenue of 7,260,000,000 dollars, generating a net income of 358,000,000 dollars and an EBITDA of 687,000,000 dollars. The substantial gap between the revenue figure and the net income highlights a cost structure where operating expenses, including cost of goods sold and administrative costs, consume a significant portion of gross receipts before arriving at the bottom line. Free cash flow stands at 417,250,000 dollars, which demonstrates the entity's ability to generate liquidity from operations after capital expenditures, thereby providing financial flexibility for operational maintenance or strategic investments. The gross margin is recorded at 12.1%, the operating margin at 9.1%, and the profit margin at 4.9%; these figures collectively indicate a low-margin business model typical of service-oriented sectors where efficiency in labor and project management is critical to profitability. On the balance sheet, the company holds 182,000,000 dollars in cash against 2,710,000,000 dollars in debt, resulting in a debt-to-equity ratio of 180.40, which suggests a highly leveraged capital structure where debt obligations significantly exceed equity holdings. The current ratio of 1.20 indicates that the company possesses sufficient short-term assets to cover its current liabilities, though the margin above 1.0 suggests limited immediate liquidity buffer. Return on equity is 23.3% while return on assets is 6.3%, revealing that management is generating strong returns on shareholder capital despite the lower asset turnover efficiency, effectively utilizing the equity base to drive profit generation.
Évaluation de la valorisation
The stock carries a trailing twelve-month P/E ratio of 13.10 and a forward P/E of 9.18, implying that the market expects earnings growth in the future that would justify the lower forward multiple compared to the historical trailing multiple. The price-to-book ratio is 2.87, indicating that the market values the company at nearly three times its net asset value, suggesting a premium over book value that may reflect intangible assets or growth expectations inherent in the IT services business. Alternative valuation metrics include a price-to-sales ratio of 0.61 and an EV/EBITDA of 9.87, which provide a different perspective on value by normalizing for leverage and capital structure, suggesting the company trades at a moderate multiple relative to its sales and earnings power. Over the past year, the stock price ranged between a low of 81.08 dollars and a high of 124.11 dollars, meaning the current market price sits somewhere within this 52-week trading range. The beta of 0.30 indicates that the stock exhibits low price volatility, moving significantly less than the broader market and offering a profile with lower systematic risk compared to the general technology sector index.
Growth & Income
Revenue growth year-over-year is -4.8% while earnings growth year-over-year is -6.2%, indicating that earnings are contracting at a slightly faster rate than revenue, which points to margin compression or a deceleration in profitability relative to top-line performance. The company offers a dividend yield of 1.5% and maintains a payout ratio of 19.2%, suggesting that the current dividend distribution is well-covered by earnings and appears sustainable given the low percentage of earnings allocated to payouts. Given the declining growth rates in both revenue and earnings, the profile reflects a mature stage where the company prioritizes stable cash returns over aggressive expansion, rather than reinvesting heavily into high-growth initiatives. The overall growth and income profile is characterized by modest capital appreciation potential due to low beta, combined with a reliable, albeit small, dividend yield that serves as a buffer during periods of negative earnings growth.