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Dropbox Inc.
DBX
29.87 (-0.62%) 0.18
9.25(B)
Information Technology
Software
Dropbox Inc. provides a content collaboration platform worldwide. The company’s platform allows individuals families teams and organizations to collaborate and sign up for free through its website or app as well as upgrade to a paid subscription plan for premium features. It serves customers in professional services technology media education industrial consumer and retail and financial services industries. The company was formerly known as Evenflow Inc. and changed its name to Dropbox Inc. in October 2009. Dropbox Inc. was incorporated in 2007 and is based in San Francisco California.
Holdings:
Shares:
Cost basis:

Dropbox Inc. (DBX) price target and intrinsic value estimate

DBX's fair price estimate is $47.0

This valuation is based on a fair P/E of 20.6 and EPS estimates of $2.28

The median analyst price target for DBX is $28.5.

Analyst price targets range from $20.0 to $33.0

Is DBX overvalued or undervalued?

DBX is currently trading at $29.87

DBX is undervalued by 36% using the pevaluation method.

DBX is overvalued by 5% compared to median analyst price targets.

Do you agree with this valuation?

Valuation

PEvaluation

Low $35.2
Median $47.0
High $58.7
Fair P/E
Margin of safety

Analyst valuation

Low $20.0
Median $28.5
High $33.0
Strong Buy1
Buy1
Hold7
Sell0
Strong Sell2

Discounted cash-flow

TTM FCFFCF est.Growth FCFTerminal FCF
10%
5%
5y
10%
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: None/narrow
None/narrowMediumWideVery wide

Overview

Market data

Market cap:$9.25(B)
Enterprise value:$10.16(B)
Total Equity:$-546.10(M)
Shares outstanding:309.73(M)
Div. yield:0.00%
P/S:3.85
P/E:16.97
P/FCF:10.74
P/B:N/A
EPS:$1.8
FCF per share:$2.8
Dividend per share:$0.0

Income (TTM)

RevenueGrossNet
Revenue$2.54(B)
Gross profit$2.09(B)
EBITDA$611.50(M)
Net income$576.80(M)
Gross margin82.3%
Net margin22.7%

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsEquityCurrent liabilitiesLong term debtOther LT liabilities
Total assets$2.58(B)
Total liabilities$3.12(B)
Cash & Short-term inv.$890.80(M)
Long-term debt$1.38(B)
Debt issued$0
Debt repaid$-127.60(M)

Cash flow (TTM)

CFOCFICFF
FCF$851.40(M)
CapEx$-29.20(M)
Dividends paid$0
Stock issued$400000
Stock repurchased$-1.14(B)
Stock-based comp.$343.70(M)

Future Growth

Revenue

CAGR: 2.5%
FY+1$2.54(B)
FY+2$2.56(B)
FY+3$2.59(B)
FY+4$2.73(B)
FY+5$2.81(B)

Net Income

CAGR: 3.0%
FY+1$772.16(M)
FY+2$780.90(M)
FY+3$788.23(M)
FY+4$837.00(M)
FY+5$870.00(M)

EPS

CAGR: 1.6%
FY+1$2.40
FY+2$2.57
FY+3$2.62
FY+4$2.46
FY+5$2.56

FCF per share

CAGR: 21.5%
FY+1$2.74
FY+2$3.33

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Historical Financials

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Income
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