DB:3BX

Stock Analysis Report

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Executive Summary

Box, Inc. provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Box's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3BX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.3%

3BX

5.4%

DE Software

2.7%

DE Market


1 Year Return

21.1%

3BX

4.4%

DE Software

0.2%

DE Market

Return vs Industry: 3BX exceeded the German Software industry which returned 4.4% over the past year.

Return vs Market: 3BX exceeded the German Market which returned 0.2% over the past year.


Shareholder returns

3BXIndustryMarket
7 Day4.3%5.4%2.7%
30 Day8.3%8.6%3.7%
90 Day41.4%31.3%28.3%
1 Year21.1%21.1%5.8%4.4%2.3%0.2%
3 Year19.5%19.5%51.1%44.9%4.0%-4.5%
5 Year23.4%23.4%122.6%107.2%14.9%-0.3%

Price Volatility Vs. Market

How volatile is Box's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Box undervalued compared to its fair value and its price relative to the market?

22.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3BX (€18.74) is trading below our estimate of fair value (€24.27)

Significantly Below Fair Value: 3BX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3BX is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: 3BX is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3BX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3BX is overvalued based on its PB Ratio (77.7x) compared to the DE Software industry average (3.2x).


Next Steps

Future Growth

How is Box forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

31.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3BX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 3BX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 3BX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 3BX's revenue (9.5% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: 3BX's revenue (9.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3BX's Return on Equity is forecast to be very high in 3 years time (87.6%).


Next Steps

Past Performance

How has Box performed over the past 5 years?

9.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3BX is currently unprofitable.

Growing Profit Margin: 3BX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 3BX is unprofitable, but has reduced losses over the past 5 years at a rate of 9.1% per year.

Accelerating Growth: Unable to compare 3BX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3BX is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (30.6%).


Return on Equity

High ROE: 3BX has a negative Return on Equity (-325.77%), as it is currently unprofitable.


Next Steps

Financial Health

How is Box's financial position?


Financial Position Analysis

Short Term Liabilities: 3BX's short term assets ($427.2M) do not cover its short term liabilities ($511.2M).

Long Term Liabilities: 3BX's short term assets ($427.2M) exceed its long term liabilities ($396.9M).


Debt to Equity History and Analysis

Debt Level: 3BX's debt to equity ratio (171.4%) is considered high.

Reducing Debt: 3BX's debt to equity ratio has increased from 17.4% to 171.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 3BX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 3BX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 60.3% per year.


Next Steps

Dividend

What is Box current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3BX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3BX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 3BX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3BX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 3BX's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Aaron Levie (35yo)

15.25yrs

Tenure

US$232,715

Compensation

Mr. Aaron Levie co-founded Box, Inc. in 2005 and has been its Chief Executive Officer since April 2005. Mr. Levie is the visionary behind Box's product and platform strategy, which is focused on incorporat ...


CEO Compensation Analysis

Compensation vs Market: Aaron's total compensation ($USD232.72K) is below average for companies of similar size in the German market ($USD2.58M).

Compensation vs Earnings: Aaron's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Aaron Levie
Co-Founder15.25yrsUS$232.72k1.67% $48.5m
Dylan Smith
Co-Founder15.25yrsUS$2.87m0.73% $21.1m
Stephanie Carullo
Chief Operating Officer2.92yrsUS$2.08m0.060% $1.7m
Jeff Mannie
VP, Controller & Chief Accounting Officerno datano data0.060% $1.7m
Paul Chapman
Chief Information Officer5yrsno datano data
Alice Lopatto
Director of Investor Relationsno datano datano data
David Leeb
Senior VP2.17yrsno datano data
Chris Koehler
Chief Marketing Officer1.5yrsno datano data
Jessica Swank
Chief People Officer & Senior VP0.50yrno datano data
Lesley Young
Senior Vice President and General Manager of Global Commercial & Online Sales Operations4yrsno datano data

2.9yrs

Average Tenure

35yo

Average Age

Experienced Management: 3BX's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Aaron Levie
Co-Founder15.25yrsUS$232.72k1.67% $48.5m
Dylan Smith
Co-Founder15.25yrsUS$2.87m0.73% $21.1m
Rory O'Driscoll
Lead Independent Directorno dataUS$234.52k0.032% $933.1k
Dana Evan
Independent Director8.58yrsUS$248.46k0.072% $2.1m
Josh Stein
Independent Director14yrsUS$228.46k0.12% $3.6m
Jonathan Heiliger
Member of Tech Advisory Boardno datano datano data
Daniel Levin
Director10.5yrsUS$200.96k0.091% $2.6m
Susan Barsamian
Independent Director2.17yrsUS$222.41k0.0020% $56.8k
Peter Leav
Independent Director1.08yrsUS$438.40kno data
Kimberly Hammonds
Independent Director1.75yrsUS$38.00kno data

7.6yrs

Average Tenure

51yo

Average Age

Experienced Board: 3BX's board of directors are considered experienced (7.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 3BX insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.7%.


Top Shareholders

Company Information

Box, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Box, Inc.
  • Ticker: 3BX
  • Exchange: DB
  • Founded: 2005
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$3.258b
  • Listing Market Cap: US$2.898b
  • Shares outstanding: 153.45m
  • Website: https://www.box.com

Number of Employees


Location

  • Box, Inc.
  • 900 Jefferson Avenue
  • Redwood City
  • California
  • 94063
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BOXNYSE (New York Stock Exchange)YesNew Class A Common StockUSUSDJan 2015
3BXDB (Deutsche Boerse AG)YesNew Class A Common StockDEEURJan 2015
0HP1LSE (London Stock Exchange)YesNew Class A Common StockGBUSDJan 2015

Biography

Box, Inc. provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. The company’s Software-as-a-Service platform enables users to collaborate on content internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security, and compliance features to comply with legal and regulatory requirements, internal policies, and industry standards and regulations. It provides its solution in 24 languages. The company serves financial services, government, healthcare, education, and life sciences industries in the United States and internationally. The company was formerly known as Box.net, Inc. and changed its name to Box, Inc. in November 2011. Box, Inc. was founded in 2005 and is headquartered in Redwood City, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/02 22:04
End of Day Share Price2020/07/02 00:00
Earnings2020/04/30
Annual Earnings2020/01/31


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.