Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Corero Network Security plc specializes in delivering global solutions to combat distributed denial-of-service (DDoS) attacks. The company's primary offering is the Corero SmartWall product range, designed to proactively neutralize DDoS attack traffic. This suite encompasses various components: the SmartWall Threat Defense System, which provides dedicated appliances for DDoS mitigation; the SmartWall Threat Defense Director, offering software-based protection at network edges; the SmartWall Threat Defense Cloud, securing against cloud-centric threats; and SecureWatch Managed Services, a comprehensive package covering configuration fine-tuning, continuous surveillance, and swift incident response. Additionally, Corero provides vital installation and training support. Its diverse client base includes service, hosting, co-location, edge, and SaaS providers, alongside major enterprises. Established in 1991 as Corero plc, the company adopted its current name, Corero Network Security plc, in June 2011 and is based in Amersham, United Kingdom.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive