Pure Storage, Inc.

BOVESPA:P2ST34 Stock Report

Market Cap: R$126.5b

Pure Storage Valuation

Is P2ST34 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of P2ST34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
R$59.35
Fair Value
65.8% overvalued intrinsic discount
21
Number of Analysts

Below Fair Value: P2ST34 (R$98.4) is trading above our estimate of fair value (R$59.35)

Significantly Below Fair Value: P2ST34 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for P2ST34?

Key metric: As P2ST34 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for P2ST34. This is calculated by dividing P2ST34's market cap by their current revenue.
What is P2ST34's PS Ratio?
PS Ratio6.8x
SalesUS$3.08b
Market CapUS$20.96b

Price to Sales Ratio vs Peers

How does P2ST34's PS Ratio compare to its peers?

The above table shows the PS ratio for P2ST34 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.8x
POSI3 Positivo Tecnologia
0.2x5.2%R$708.7m
MLAS3 Multilaser Industrial
0.3x8.3%R$928.5m
4901 FUJIFILM Holdings
1.3x4.5%JP¥4.0t
6669 Wiwynn
1.6x27.5%NT$471.1b
P2ST34 Pure Storage
6.8x12.1%R$21.0b

Price-To-Sales vs Peers: P2ST34 is expensive based on its Price-To-Sales Ratio (6.8x) compared to the peer average (0.8x).

Price to Sales Ratio vs Industry

How does P2ST34's PS Ratio compare vs other companies in the Global Tech Industry?

42 CompaniesPrice / SalesEstimated GrowthMarket Cap
P2ST34 6.8xIndustry Avg. 1.3xNo. of Companies48PS01.22.43.64.86+
42 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: P2ST34 is expensive based on its Price-To-Sales Ratio (6.8x) compared to the Global Tech industry average (1.3x).

Price to Sales Ratio vs Fair Ratio

What is P2ST34's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

P2ST34 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.8x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate P2ST34's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Price Target
Consensus Narrative from 21 Analysts
R$109.92
Fair Value
10.5% undervalued intrinsic discount
21
Number of Analysts

Analyst Forecast: Insufficient data to show price forecast.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 19:15
End of Day Share Price 2025/01/08 00:00
Earnings2024/11/03
Annual Earnings2024/02/04

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Pure Storage, Inc. is covered by 40 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jayson NolandBaird
Timothy LongBarclays
Timothy LongBMO Capital Markets Equity Research