VirnetX Holding Corp

VirnetX Holding Corp

VHCยทNYSE

$23.81

+3.1%
TechnologySoftware - Infrastructure

VirnetX Holding Corporation, through its subsidiary VirnetX, Inc., operates as an Internet security software and technology company primarily in the United States. The company develops software and technology solutions, including secure domain name registry and GABRIEL Connection Technology that are designed to secure communications over the Internet using zero trust network access. It also offers a portfolio of licenses and services, such as VirnetX One, a security-as-a-service platform that protects enterprise applications, services, and infrastructure from cyber-attacks; GABRIEL Connection Technology software development kit to assist with rapid integration of its techniques into existing software implementations; and War Room software that offers safe and secure video conferencing meeting environment where sensitive communications and data is invisible to those not authorized to view it. In addition, the company provides GABRIEL Collaboration Suite that enables seamless and secure cross-platform communications between users' devices. It serves domain infrastructure and communication service providers, and system integrators; and enterprise customers, developers, and original equipment manufacturers of chips, servers, desktops, smart phones, tablets, laptops, net books, and other devices in the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets. The company was incorporated in 2005 and is headquartered in Zephyr Cove, Nevada.

At a Glance

Live Snapshot
Market Cap$101.69M
EPS-5.0500
P/E Ratio-4.71
Earnings Date05/12/2026
VirnetX Holding Corp

VirnetX Holding Corp Fair Value Envelope

VHC ยท NYSE

Our analysis suggests that VHC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $23.81, this represents a potential HIDDEN relative to our calculated worth for VirnetX Holding Corp.

Intrinsic Value
Current Price: $23.81

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$755.9M
+ Cash & Equivalents$23.3M
Firm Value-$732.6M
- Debt$9.3M
Equity Value-$741.9M
/ Shares Outstanding4,271,082B
DCF Value-$174
OVERVALUED BY 830%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$21.2M
-$29.3M
-$40.5M
-$55.9M
-$77.3M
-$106.8M
-$147.6M
-$204.0M
-$281.9M
-$389.6M
Maintenance CapEx
-$6.1K
-$8.4K
-$11.6K
-$16.1K
-$22.2K
-$30.7K
-$42.4K
-$58.6K
-$80.9K
-$111.9K
Owner Earnings
-$21.2M
-$29.3M
-$40.5M
-$55.9M
-$77.3M
-$106.8M
-$147.6M
-$204.0M
-$282.0M
-$389.7M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$19.6M
-$25.1M
-$32.1M
-$41.1M
-$52.6M
-$67.3M
-$86.1M
-$110.2M
-$141.1M
-$180.5M
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.