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Coupa Software 배당 및 자사주 매입
배당 기준 점검 0/6
Coupa Software 배당금을 지급한 기록이 없습니다.
핵심 정보
n/a
배당 수익률
-0.007%
자사주 매입 수익률
| 총 주주 수익률 | -0.007% |
| 미래 배당 수익률 | 0% |
| 배당 성장률 | n/a |
| 다음 배당 지급일 | n/a |
| 배당락일 | n/a |
| 주당 배당금 | n/a |
| 배당 성향 | n/a |
최근 배당 및 자사주 매입 업데이트
업데이트 없음
Recent updates
Seeking Alpha • Oct 10
Coupa Software: Attractive Entry Point To Yield Long-Term IRR Of 17%
Summary The opportunity set for Coupa Software to continue capturing share and grow is huge. Coupa Software’s network effect continues to enhance as it scales. Coupa has a strong GTM strategy that enables it to effectively distribute its product. Summary I recommend a Buy rating on Coupa Software Incorporated (COUP). It has a combination of factors that make it attractive, such as: a strong value proposition, strong network effect, and scale advantage. More importantly, the stock's current low price makes it a good place for investors to get in, since it will give them a high IRR of 17% over the long term, thanks to continuous share capture in a large total addressable market ("TAM") and margin expansion. Company overview COUP provides Business Spend Management [BSM] solutions. It's a cloud-based business service management platform that facilitates connectivity between companies and their suppliers all over the world, allowing for better oversight and management of financial resources, supply chain efficiency, and cash flow. Providing the transactional engine for managing a company's business spend, COUP's BSM platform is comprised primarily of procurement, invoicing, expense management, and payment solutions. In addition to basic features, the platform offers advanced features and solutions for power users to help businesses with the technical and strategic parts of BSM such as contract management. TAM is significant COUP operates in a very large TAM with a total annual revenue opportunity of $94 billion, implying that COUP can continue to grow for a very long time before reaching maturity, given that its revenue as of FY22 was only $725 million. COUP Sep 22 Investor Day While there are many motivating factors for implementing BSM, I believe one of the most important is the potential for financial savings. Businesses are under increasing pressure to find ways to increase operational efficiencies, decrease costs, and boost profits and cash flow as a result of the current economic climate, intense competition, and the global regulatory environment. Consequently, spending management has evolved into a critical component of strategic planning for businesses in order to facilitate the realization of cost savings that boost operating profit and free up capital for further investment. There are two categories of spending for commercial enterprises: direct and indirect. Direct spending refers to items that are directly used in the production of the company's products, while indirect spending describes categories of goods and services that support the company's business processes and are consumed by internal stakeholders. Inefficient processes or point applications used by different departments can make it more challenging to manage indirect spending on goods and services, which in turn can lead to a lack of full spending visibility and wasteful employee behavior. Organizations need a tool to streamline their overall spending across all departments and employees, not just the procurement team. The bottleneck to dealing with business expenditures is managers' inability to conduct credible analyses due to incomplete visibility into the organization's spending. According to a 2018 COUP study, more than 60% of CFOs lack full visibility into organizational transactions. As a result, I believe there is a significant market for COUP's offering, which is not a patchwork of separate solutions and facilitates real-time spend analysis. To enable real-time analysis on spend data, businesses need a solution that integrates data from several sources and payments seamlessly, and provides a single source of data so employees can make informed purchasing decisions. The proliferation of fragmented point applications addressing specific areas of spend management on the market today has resulted in increased complexity for businesses and their employees, who frequently need to access multiple systems or review electronic and paper files before making informed purchases. Since financial transactions are not collected and stored in a centralized database, it is difficult to examine spending patterns and check for compliance with internal policies. Processes that aren't well thought out and don't work well together lead to mistakes, unhappy workers, and bad decisions about how to use resources. Strong network effect from large supplier network and data set COUP can be thought of as a business that serves as a network for both buyers and sellers. Suppliers are looking to expand their clientele base, while businesses are hoping to cut costs and improve their relationships with all of their suppliers. Scale is an important factor. As more companies join COUP's network, the total amount of money being managed increases. The more money we can manage, the more suppliers will want to work with us, and the more businesses will want to buy the products and services we offer, creating a powerful network effect. Spend under management also increases as a higher percentage of businesses and workers join COUP's network. The end result is greater customer savings and an increase in COUP's ability to bring in new customers. COUP manages over $3.8 million in spend for over 2,500 customers and 8 million suppliers as of July 2022. COUP's extensive data and knowledge base allow it to produce valuable Community Intelligence, which is then disseminated to the COUP user base as a whole. In order to better serve COUP's clientele, Community Intelligence analyzes structured data gathered from a large number of businesses spend transactions conducted on the COUP platform using artificial intelligence. The platform makes recommendations to customers based on community-wide best practices for optimizing spending decisions, raising operational efficiency, and decreasing risk. I believe the community intelligence solution is difficult to replicate due to the large amount of data required. More importantly, it is great for businesses because it helps them save money, and it should aid COUP's GTM initiatives by letting them better tailor their sales pitch to win over prospects, which will be especially useful as the company grows into the mid-market. COUP Sep 22 Investor Day Strong GTM strategy COUP's go-to-market [GTM] strategy consists of both direct sales time and strategic partnerships. Inside sales and field sales representatives make up the global direct sales team, which is segmented by region, account size, and use case. COUP's direct sales team structure makes a lot of sense, given that the product being sold is an enterprise solution and the target audience consists of c-suite executives who need a knowledgeable sales representative to manage the client relationship. I am optimistic about COUP's growth and scalability because of its partnership strategy, which mitigates the inefficiency that comes with having a direct sales team. Some of COUP's partners are advisory and referral firms; others are implementation firms like Deloitte, Accenture, and PwC; still others are resellers like IBM; and still others are technology providers like Dell Boomi. I think it's important to note that COUP carefully chooses its partners because they have established relationships with the most senior executives at major corporations. When COUP shifts its focus to the mid-market, it will require a GTM strategy that enables the company to rapidly and efficiently target customers from a wide variety of industries, increasing the significance of partnerships. Since the number of potential mid-market companies is much higher than at the enterprise level, it would be foolish to employ a direct sales strategy. Thus, a partnership approach is appropriate given the need for scalability and expanded distribution channels. COUP Sep 22 Investor Day Valuation At the current stock price of $65.07 and 75.9 million shares, the market cap is ~$4.9 billion. I believe the current market price presents a decent entry point for investors to enjoy a high IRR of 17% IRR. Based on my 10-year discounted cash flow ("DCF") model, I believe COUP will make $3.3 billion in sales and $1.1 billion in free cash flow ("FCF") in FY32. This will be driven by declining sales growth from its current 30+% to a terminal growth rate of 3%, and a long-term FCF margin of 33%, giving it a market cap of $18 billion and a stock price of $243 in FY31. Assumptions: Sales: growth to decline from the current 30+% to a long-term growth rate of 3% over 10 years. I believe growth should definitely slow as COUP represents a larger piece of the pie and the law of large numbers kicks in. Also, as COUP finishes signing the low-hanging fruit, it should be relatively harder to get more customers at the same speed. FCF: to follow management’s mid-and long-term guidance of 15+% and 33% to 35%, respectively. I have high confidence that FCF margin will expand eventually as the business will have fewer CAPEX requirements and profit margin should increase as COUP tones down on sales and marketing. Valuation: I derived my terminal value of $16 billion in FY32 by assuming a terminal growth of 3% and a discount rate of 10%. The reason for 3% is that I believe COUP should continue to grow a low-single digits and increase prices at the same level as inflation (2%).Seeking Alpha • Sep 04
Coupa Software Q2 2023 Earnings Preview: Shares Look Attractive, But Keep An Eye Out
Summary Coupa Software's management team is due to report financial results covering the second quarter of the company's 2023 fiscal year on September 6th. There is always a risk, especially given current market conditions, that the business could experience some pain. But on the whole, shares look attractively priced for a growth enterprise.Seeking Alpha • Jul 12
Coupa Software opens three new offices in Latin America
Coupa Software (NASDAQ:COUP) told Tuesday it has opened three new offices this month in Latin America – Mexico City, Mexico, São Paulo, Brazil and Bogotá, Columbia. "Our growth across Latin America is exhilarating. We're excited to provide these new spaces for our Coupa community to collaborate and grow," said Mark Riggs, chief customer officer at Coupa. "We've seen a huge shift occurring in the region – companies are primed for transformation. They're ready to harness business spend management to break old bonds and reach new levels of success, becoming more profitable and purposeful." Coupa Software, which operates as business spend management platform, also revealed its plan to open an office in Johannesburg, South Africa later this month and to increase its workforce. Earlier: Coupa Software Non-GAAP EPS of $0.08 beats by $0.03, revenue of $196.37M beats by $5.68MSeeking Alpha • May 31
Coupa Software: Premium Valuation For Challenged Guidance
Coupa recently reported a strong Q4 with revenue coming in above expectations and margins improving yoy. FY23 guidance was disappointing with revenue growth of just 15-16% and operating margins of 3-4%. Valuation is still at a premium around 7.5x forward revenue, though revenue deceleration and lower margins do not bode well.Seeking Alpha • Mar 15
Coupa: Q4 Points To Maturing Revenues, Guidance In Grim Light
Coupa's fiscal 2023 guidance leaves too much to be desired. Coupa Software's profit margins are moving in the wrong direction. Given the overall market sell-off, COUP stock is no longer the bargain opportunity it once was. I believe that this is a thesis-breaking quarter.Seeking Alpha • Jan 21
Coupa: This Selloff Is Far Overdone
Shares of Coupa have sunk 60% over the past year and 20% since the start of January alone. The company remains the category leader in B2B procurement software, and continued ~40% y/y growth illustrates the enormity of the company's TAM. With positive pro forma operating income, Coupa is also a member of the vaunted Rule of 40 club. The stock trades at ~12x forward revenue, the cheapest at which Coupa has traded in recent memory.Seeking Alpha • Dec 21
Coupa Software: Investor Panic Brings A Generational Opportunity
After a massive correction, Coupa's stock has become very reasonable, and I believe this is an opportune time for a long-term investment. Despite the bearish price action, Coupa's business fundamentals remain strong as evidenced by Q3 2021 earnings. Coupa's intrinsic value is ~$220 per share, i.e., it is undervalued by ~30%. Since Coupa's ten-year expected CAGR returns of ~19.2% beat my hurdle rate, I rate it a buy.Seeking Alpha • Dec 07
Coupa Software: Investors Underreact To Poor Billings
Coupa Software's guidance for Q4 points to mid-teen growth rates. However, the biggest takeaway from Coupa's Q3 results is that Q4 2022 adjusted billings are only up in the mid-teens. At 14x forward sales, investors are paying too high a premium for COUP stock.Seeking Alpha • Oct 15
Coupa Software: Recovering From The Pandemic Effects
Coupa Software's stock has been dropping over the course of the year because of macroeconomic concerns like the pandemic and rising interest rates. The company is a clear market leader in an area called Business Spend Management that has a TAM of $94 billion. As pandemic concerns wane, the near-term prospects for the company rise as its software will be needed to help repair broken supply chains caused by COVID-19. Coupa has consistently passed the "Rule of 40" for SaaS companies for the last 5 years. Coupa Software is a buy for both its short term and long-term prospects.Seeking Alpha • Sep 08
Coupa: Stock Rallies On The Back Of Mixed Results
Coupa reports a very strong Q2 2022 result. As we look ahead to later parts of the year, question marks start to rise. Paying 23x next year's revenues isn't cheap for a stock that's probably going to be below the Rule of 40 by Q4 of this year.지급의 안정성과 성장
배당 데이터 가져오는 중
안정적인 배당: 과거에 COUP 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.
배당금 증가: COUP 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.
배당 수익률 vs 시장
| Coupa Software 배당 수익률 vs 시장 |
|---|
| 구분 | 배당 수익률 |
|---|---|
| 회사 (COUP) | n/a |
| 시장 하위 25% (US) | 1.4% |
| 시장 상위 25% (US) | 4.2% |
| 업계 평균 (Software) | 0.9% |
| 분석가 예측 (COUP) (최대 3년) | 0% |
주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 COUP 의 배당 수익률을 평가할 수 없습니다.
고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 COUP 의 배당 수익률을 평가할 수 없습니다.
주주 대상 이익 배당
수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 COUP 의 지급 비율을 계산하기에는 데이터가 부족합니다.
주주 현금 배당
현금 흐름 범위: COUP 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.
높은 배당을 제공하는 우량 기업 찾기
기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2023/03/01 12:12 |
| 종가 | 2023/02/27 00:00 |
| 수익 | 2022/10/31 |
| 연간 수익 | 2022/01/31 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
| |
| 분석가 컨센서스 추정치 | +3년 |
|
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| 시장 가격 | 30년 |
| |
| 지분 구조 | 10년 |
| |
| 경영진 | 10년 |
| |
| 주요 개발 | 10년 |
|
* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.
분석 모델 및 스노우플레이크
이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.
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산업 및 섹터 지표
산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.
분석가 소스
Coupa Software Incorporated는 34명의 분석가가 다루고 있습니다. 이 중 25명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| Louis Edmond Lardenois | Arete Research Services LLP |
| Adam Shepherd | Arete Research Services LLP |
| Jamie Shelton | Arete Research Services LLP |