$Gen Digital (GEN.US)$The stock price has fallen 7.8% since ...

Launched in 1989, it is mainly in the anti-virus software business. 63% of the market is in the US, and the current price is 20.7.

In the past 5 years, revenue has increased for 4 years except for 2019, and operating profit has increased for 4 years except 2022, with an average growth rate of 41.8%. Net profit in 2020, supported by the suspension of operating profit, once increased to 3.89 billion yuan, and the growth rate in the past two years has been higher than 50%. Interest expenses account for 30% of operating profit in 2023, and the interest burden is very heavy. Gross margin has declined slightly in recent years and is currently 82.9%.

Revenue increased by 19% in the first three quarters of 2024, operating profit shrank by 18.1% due to the sharp increase in expenses, and net profit before tax shrank by 62%, but net profit increased 11.1% due to income tax rebates.

Currently, the price-earnings ratio is 9.6 and the price-earnings ratio is TTM 9.4. Considering that the negative effects of the current acquisition are still unsettled, fees and interest are high, so it is not attractive for the time being.