DB:3BX

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Mediocre balance sheet with limited growth.


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


Market Performance


7 Day Return

0.3%

DB:3BX

-1.9%

DE Software

-0.3%

DE Market


1 Year Return

-33.9%

DB:3BX

14.8%

DE Software

-6.7%

DE Market

3BX underperformed the Software industry which returned 17.3% over the past year.

3BX underperformed the Market in Germany which returned -6.2% over the past year.


Share holder returns

3BXIndustryMarket
7 Day0.3%-1.9%-0.3%
30 Day-3.2%6.4%2.3%
90 Day-8.9%19.4%-2.0%
1 Year-33.9%-33.9%16.4%14.8%-3.7%-6.7%
3 Year59.5%59.5%77.8%70.6%21.9%11.3%
5 Yearn/a120.9%105.2%30.2%12.2%

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 based on future cash flows and its price relative to the stock market?

83.04x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Box's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Box's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Box is loss making, we can't compare its value to the DE Software industry average.

Box is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Box, we can't assess if its growth is good value.


Price Based on Value of Assets

Box is overvalued based on assets compared to the DE Software industry average.


Next Steps

Future Growth

How is Box expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

14.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Box's revenue is expected to grow by 12.2% yearly, however this is not considered high growth (20% yearly).

Box is not considered high growth as it is expected to be loss making for the next 1-3 years.

Box's revenue growth is expected to exceed the Germany market average.

Unable to compare Box's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Box's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Box is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).


Next Steps

Past Performance

How has Box performed over the past 5 years?

7.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Box does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Box's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Box's 1-year growth to the DE Software industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Box has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Box has efficiently used its assets last year compared to the DE Software industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Box improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Box's financial position?


Financial Position Analysis

Box's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Box's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Box's level of debt (410.9%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (107.1% vs 410.9% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.9x debt.


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.

Whilst loss making Box has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Box has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -118.9% per year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Box's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Box's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Box has not reported any payouts.

Unable to verify if Box's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Box has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Box's salary, the management and board of directors tenure and is there insider trading?

2.5yrs

Average management tenure


CEO

Aaron Levie (34yo)

14.3yrs

Tenure

US$3,348,231

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

Aaron's remuneration is higher than average for companies of similar size in Germany.

Aaron's compensation has increased whilst company is loss making.


Management Age and Tenure

2.5yrs

Average Tenure

34yo

Average Age

The tenure for the Box management team is about average.


Board Age and Tenure

6.6yrs

Average Tenure

50yo

Average Age

The tenure for the Box board of directors is about average.


Insider Trading

Box individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Sell€323,85519 Jun 19
Josh Stein
EntityIndividual
Role
Member of the Board of Directors
Shares20,000
Max Price€16.19
Sell€175,70605 Apr 19
Jeff Mannie
EntityIndividual
Role
VP, Controller & Chief Accounting Officer
Shares10,000
Max Price€17.57
Sell€243,48427 Sep 18
Dana Evan
EntityIndividual
Role
Member of the Board of Directors
Shares12,000
Max Price€20.35

Ownership Breakdown


Management Team

  • Stephanie Carullo (50yo)

    Chief Operating Officer

    • Tenure: 1.9yrs
    • Compensation: $512.50k
  • Alice Lopatto

    Director of Investor Relations

  • Lesley Young

    Senior Vice President and General Manager of Global Commercial & Online Sales Operations

    • Tenure: 3.0yrs
  • Paul Chapman

    Chief Information Officer

    • Tenure: 4.0yrs
  • Jeff Queisser

    Senior VP of Engineering & Co-Founder

  • Aaron Levie (34yo)

    Co-Founder

    • Tenure: 14.3yrs
    • Compensation: $3.35m
  • Christy Lake

    Chief People Officer

    • Tenure: 1.5yrs
  • David Leeb

    Senior VP

    • Tenure: 1.2yrs
  • Dylan Smith (33yo)

    Co-Founder

    • Compensation: $2.46m
  • Jeff Mannie

    VP, Controller & Chief Accounting Officer


Board Members

  • Dan Levin (55yo)

    Director

    • Tenure: 9.5yrs
  • Rory O’Driscoll (54yo)

    Lead Independent Director

    • Compensation: $260.85k
  • Kim Hammonds (52yo)

    Director

    • Tenure: 0.8yrs
    • Compensation: $374.89k
  • Aaron Levie (34yo)

    Co-Founder

    • Tenure: 5.6yrs
    • Compensation: $3.35m
  • Sue Barsamian (58yo)

    Director

    • Tenure: 1.2yrs
    • Compensation: $496.31k
  • Dana Evan (59yo)

    Independent Director

    • Tenure: 7.6yrs
    • Compensation: $266.56k
  • Josh Stein (45yo)

    Independent Director

    • Tenure: 13.0yrs
    • Compensation: $248.85k
  • Peter Leav (48yo)

    Independent Director

    • Tenure: 0.2yrs
  • Dylan Smith (33yo)

    Co-Founder

    • Tenure: 14.3yrs
    • Compensation: $2.46m
  • Jonathan Heiliger (42yo)

    Member of Tech Advisory Board

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$2.539b
  • Listing Market Cap: US$2.264b
  • Shares outstanding: 146.50m
  • Website: Click here

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 or any device. The company’s Software-as-a-Service platfor ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/16 22:00
End of Day Share Price2019/07/16 00:00
Earnings2019/04/30
Annual Earnings2019/01/31


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.