# N-able Inc. (NABL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Software. Price $4.06, market value $767 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). N-able Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 1.4×**. Each dollar of revenue is priced at 1.4×.
- **Price / book: 1.0×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 10.7×**. Enterprise value is 10.7× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 9.2%** (5-yr avg 3.2%). Free cash flow equals 9.2% of the market value, above its five-year average of 3.2%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 76.7%**. N-able Inc. keeps 76.7% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 10.1%**. 10.1% of revenue is left after running the business.
- **Net margin: -3.3%**. The company reported a net loss over the last twelve months.
- **Return on equity: -2.1%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 3.9%**. Return on all capital, debt included, is 3.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -0.3%**. Each dollar of assets produces -0.3% of profit.

## Growth
- **Revenue growth (1 yr): 9.7%** (3-yr 11.2%/yr, 5-yr 11.0%/yr). Revenue grew 9.7% over the last year, against 11.0% a year compounded over five years.
- **EPS growth (1 yr): -162.5%**. Earnings per share fell 162.5%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 8.6%/yr**. Free cash flow has compounded at 8.6% a year over three years.

## Financial health
- **Debt to equity: 0.49**. Debt is 0.49 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 2.9×**. It would take 2.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.01**. A Z-score of 2.01 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. N-able Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -48.2%** (YTD -45.7%, 3-mo 7.4%). The shares are down 48.2% over twelve months including dividends.
- **From 52-week high: -53.5%** (39.0% above the low). Trading 54% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): 0.83** (volatility 70%). Beta of 0.83 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NABL · Page: https://foliofundamentals.com/stocks/nabl

Not investment advice.
