Seagate Technology Holdings Plc
Exchange: NASDAQSector: TechnologyIndustry: Computer Hardware
Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud.
Did you know?
A large-cap company with a $125.2B market cap.
Current Price
$586.25
-0.23%GoodMoat Value
$108.06
81.6% overvaluedProfile
Valuation (TTM)
Market Cap$125.20B
P/E63.55
EV$89.73B
P/B—
Shares Out213.56M
P/Sales12.45
Revenue$10.06B
EV/EBITDA47.02
Seagate Technology Holdings Plc (STX) Stock Analysis
GoodMoat Analysis
Seagate Technology, a leading manufacturer of hard disk drives, appears to have a weak competitive moat and is trading at a valuation that is deeply unfavourable relative to its estimated intrinsic value. The analysis suggests the business fails the initial quality gate, making further investigation for a value investment unlikely to be productive.
Read full analysis
Seagate Technology operates in the computer hardware sector, manufacturing hard disk drives (HDDs) and solid-state drives (SSDs) for data storage. Applying the GoodMoat framework, the company's competitive moat appears weak. The industry is highly competitive and capital-intensive, with low switching costs for customers and significant pressure from flash-based storage. The provided data does not suggest strong advantages in network effects, proprietary data, or pricing power. While it may have scale in HDD manufacturing, this is a mature market facing technological disruption. The company's financial profile shows a high P/E of 44.8 and a very low Free Cash Flow Yield of 0.9%, which raises quality concerns. The GoodMoat Target price of $108.06 indicates the current price of $401.73 is considered deeply overvalued, implying a negative margin of safety. Following the Decision Framework, a low Moat Score combined with unfavourable quality indicators (like the low FCF yield) would likely cause the analysis to stop at Step 1: The Moat & Quality Gate. The extreme valuation disconnect and the nature of the industry present significant red flags for a value investor seeking a durable business at a reasonable price.
Market Cap$125.20B
Current Price$586.25
P/E Ratio63.55
Forward P/E—
PEG Ratio0.86
EPS$6.77
Book Value$-2.12
P/B Ratio—
STX Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use -7.4% FCF growth (CAGR)
Cash vs Debt
Net Debt: 4.1B
Revenue
10.4B
FY19
10.5B
FY20
10.7B
FY21
11.7B
FY22
7.4B
FY23
6.6B
FY24
9.1B
FY25
Net Income
2.0B
FY19
1.0B
FY20
1.3B
FY21
1.6B
FY22
—
FY23
335M
FY24
1.5B
FY25
STX 52-Week Range
$80.58
$587.62
50-Day MA: $437.53200-Day MA: $292.61
Did you know?
Profit margin stands at 19.6%.
Seagate Technology Holdings Plc (STX) Financial Summary
Seagate Technology Holdings Plc (STX) is a Technology company in the Computer Hardware industry, listed on NASDAQ. The stock currently trades at $586.25 with a market capitalization of $125.20B.
Key valuation metrics include a P/E ratio of 63.55, and EPS of $6.77. The company reports a profit margin of 19.6%.
STX Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $125.20B |
| P/E Ratio | 63.55 |
| EPS | $6.77 |
| P/S Ratio | 12.45 |
| EV/EBITDA | 47.02 |
| Dividend Yield | 0.48% |
| Profit Margin | 19.6% |
STX Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $10.39B | $2.01B |
| FY20 | $10.51B | $1.00B |
| FY21 | $10.68B | $1.31B |
| FY22 | $11.66B | $1.65B |
| FY23 | $7.38B | $-529.00M |
| FY24 | $6.55B | $335.00M |
| FY25 | $9.10B | $1.47B |
Seagate Technology Holdings Plc (STX) Valuation
Based on GoodMoat's DCF model, Seagate Technology Holdings Plc has a fair value estimate of $108.06. At the current price of $586.25, the stock appears 442.5% overvalued relative to our intrinsic value estimate.
STX Quality Indicators
Seagate Technology Holdings Plc maintains a profit margin of 19.6% and an operating margin of 20.8%. The current ratio is 1.38.
About Seagate Technology Holdings Plc
Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud.
STX Free Cash Flow
Seagate Technology Holdings Plc generated $819.00M in trailing twelve-month free cash flow, representing an FCF yield of 0.65%. This low FCF yield may reflect heavy reinvestment or growth spending.
STX Shares Outstanding
Seagate Technology Holdings Plc has 0.21 billion shares outstanding at a share price of $586.25, giving it a market capitalization of $125.20B.
STX Recent Insider Trades
Recent insider transactions at Seagate Technology Holdings Plc include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| MOSLEY WILLIAM D (CEO) | SELL | 100 | $39905.00 |
| MOSLEY WILLIAM D (CEO) | SELL | 24,584 | $10.00M |
| Morris John Christopher (EVP & CTO) | SELL | 112 | $42273.28 |