<div id="readability-page-1"><div><ul> <li>If you are wondering whether N-able's share price around US$7.31 actually reflects its underlying worth, you are not alone. This article is built to help you size that up clearly.</li> <li>Over the past week the stock is roughly flat at a 0.1% return, but that sits against a 4.2% decline over 30 days and a 19.7% decline over the past year, which can change how investors view both its potential and its risks.</li> <li>Recent coverage has focused on how N-able is positioned within the broader software and IT services space, including how it serves managed service providers and its role in remote monitoring and management tools. This context helps frame why the market might be reassessing what it is prepared to pay for those earnings and cash flow streams.</li> <li>N-able currently scores 6 out of 6 on our valuation checks for being undervalued. You can see this in detail in our valuation score. Next, we will walk through standard valuation approaches before finishing with a more comprehensive way to think about what the stock is worth.</li> </ul> <p>Find out why N-able's -19.7% return over the last year is lagging behind its peers.</p> <h3>Approach 1: N-able Discounted Cash Flow (DCF) Analysis</h3> <p>A Discounted Cash Flow, or DCF, model estimates what a business could be worth by projecting its future cash flows and then discounting those back to today’s value. It is essentially asking what all of N-able’s future cash generation might be worth in today’s dollars.</p> <p>For N-able, the model used here is a 2 Stage Free Cash Flow to Equity approach, based on cash flows in US$. The company’s latest twelve month free cash flow is about $66.08 million. Analysts provide explicit forecasts for several years, and beyond that, Simply Wall St extrapolates further, resulting in ten year projections that reach about $152.16 million of free cash flow in 2035.</p> <p>When those projected cash flows are discounted back, the DCF model produces an estimated intrinsic value of about $9.79 per share. Compared with the recent share price of roughly $7.31, this implies a 25.3% discount. This indicates that the shares are trading below this model’s estimate of fair value.</p> <p><strong>Result: UNDERVALUED</strong></p> <p>Our Discounted Cash Flow (DCF) analysis suggests N-able is undervalued by 25.3%. Track this in your watchlist or portfolio, or discover 879 more undervalued stocks based on cash flows.</p> <figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9f004d81-b358-4714-905b-2c8047ab180f/chart/dcf?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9f004d81-b358-4714-905b-2c8047ab180f/chart/dcf"/><figcaption>NABL Discounted Cash Flow as at Jan 2026</figcaption></figure> <p>Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for N-able.</p> <h3>Approach 2: N-able Price vs Sales</h3> <p>For a company like N-able, where investors often focus on revenue and customer adoption in the Software sector, the P/S ratio is a useful yardstick because it compares the value the market places on the business with the sales it is generating today.</p> <p>What counts as a “normal” P/S ratio usually reflects how fast investors expect revenue to grow and how much risk they see in those cash flows. Higher growth and lower perceived risk can justify a higher multiple, while slower expected growth or higher risk tends to line up with a lower one.</p> <p>N-able currently trades on a P/S of about 2.74x. That is below the broader Software industry average of 5.00x and also below its peer average of 3.17x. Simply Wall St’s Fair Ratio for N-able is 3.69x, which is its proprietary estimate of what the P/S should be given factors like growth, profit margins, industry, market cap and risk profile. This Fair Ratio can be more tailored than a simple peer or sector comparison because it adjusts for N-able’s own characteristics rather than assuming all Software names deserve the same multiple. On this basis, N-able’s current 2.74x P/S is below the Fair Ratio of 3.69x, which indicates the shares look undervalued on sales.</p> <p><strong>Result: UNDERVALUED</strong></p> <figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9f004d81-b358-4714-905b-2c8047ab180f/chart/ps-multiple-vs-industry?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9f004d81-b358-4714-905b-2c8047ab180f/chart/ps-multiple-vs-industry"/><figcaption>NYSE:NABL P/S Ratio as at Jan 2026</figcaption></figure> <p>P/S ratios tell one story, but what if the real opportunity lies elsewhere? Discover 1444 companies where insiders are betting big on explosive growth.</p> <h3>Upgrade Your Decision Making: Choose your N-able Narrative</h3> <p>Earlier we mentioned that there is an even better way to understand valuation, so let us introduce you to Narratives. Here you spell out your story about N-able, link that story to specific forecasts for revenue, earnings and margins, then see the fair value that falls out of those assumptions. This all happens within an easy tool on Simply Wall St’s Community page that updates automatically when new news or earnings arrive and helps you compare that fair value with the current price. This lets you judge whether N-able looks attractive or not, whether you lean toward a more optimistic view similar to the analysts’ US$9.19 target with revenue of US$620.4 million and a future P/E of 143.6x, or a more cautious view with lower revenue, margins or multiple, knowing that different investors can look at the same company and arrive at very different but clearly explained Narratives.</p> <p>Do you think there's more to the story for N-able? Head over to our Community to see what others are saying!</p> <figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9f004d81-b358-4714-905b-2c8047ab180f/chart/quote-price?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/9f004d81-b358-4714-905b-2c8047ab180f/chart/quote-price"/><figcaption>NYSE:NABL 1-Year Stock Price Chart</figcaption></figure> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data     and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your     financial situation. We aim to bring you long-term focused analysis driven by fundamental data.     Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.     Simply Wall St has no position in any stocks mentioned.</em></p></div></div>

NABL

<p>N-able's share price has declined by 19.7% over the past year, currently trading at approximately $7.31. Despite a flat performance recently, analysts suggest the stock is undervalued. A Discounted Cash Flow (DCF) analysis estimates an intrinsic value of $9.79 per share, indicating a 25.3% discount. Additionally, N-able's Price-to-Sales (P/S) ratio of 2.74x is below the industry average of 5.00x, further suggesting undervaluation. Investors are encouraged to consider N-able's potential based on these valuation metrics and market positioning.</p>

Is N-able (NABL) Offering An Opportunity After Its 19.7% One Year Share Price Decline