Dropbox Valuation
Is DBX * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of DBX * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: DBX * (MX$411) is trading below our estimate of fair value (MX$793.72)
Significantly Below Fair Value: DBX * is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for DBX *?
Other financial metrics that can be useful for relative valuation.
What is DBX *'s n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | US$8.17b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 3.5x |
Enterprise Value/EBITDA | 16x |
PEG Ratio | 5.5x |
Price to Earnings Ratio vs Peers
How does DBX *'s PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 48.5x | ||
532466 Oracle Financial Services Software | 29.1x | 11.1% | ₹646.0b |
DSG Descartes Systems Group | 69.1x | 15.4% | CA$11.0b |
NEM Nemetschek | 59.1x | 15.7% | €9.5b |
600845 Shanghai Baosight SoftwareLtd | 36.7x | 21.4% | CN¥82.1b |
DBX * Dropbox | 18.1x | 3.3% | Mex$8.2b |
Price-To-Earnings vs Peers: DBX * is good value based on its Price-To-Earnings Ratio (18.1x) compared to the peer average (48.5x).
Price to Earnings Ratio vs Industry
How does DBX *'s PE Ratio compare vs other companies in the Global Software Industry?
Price-To-Earnings vs Industry: DBX * is good value based on its Price-To-Earnings Ratio (18.1x) compared to the Global Software industry average (33.4x).
Price to Earnings Ratio vs Fair Ratio
What is DBX *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 18.1x |
Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DBX *'s Price-To-Earnings 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?
Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
---|---|---|---|---|---|---|---|
Current | Mex$412.00 | Mex$501.47 +21.7% | 13.7% | Mex$614.67 | Mex$409.78 | n/a | 10 |
Apr ’25 | Mex$411.00 | Mex$500.66 +21.8% | 12.6% | Mex$603.41 | Mex$402.27 | n/a | 10 |
Mar ’25 | Mex$420.00 | Mex$517.44 +23.2% | 12.0% | Mex$615.39 | Mex$410.26 | n/a | 10 |
Feb ’25 | Mex$541.99 | Mex$541.03 -0.2% | 13.3% | Mex$634.58 | Mex$411.62 | n/a | 11 |
Jan ’25 | Mex$506.45 | Mex$510.44 +0.8% | 12.4% | Mex$608.84 | Mex$405.90 | n/a | 11 |
Dec ’24 | Mex$490.00 | Mex$511.06 +4.3% | 11.4% | Mex$593.78 | Mex$419.14 | n/a | 11 |
Nov ’24 | Mex$468.00 | Mex$516.74 +10.4% | 10.5% | Mex$599.41 | Mex$411.03 | n/a | 11 |
Oct ’24 | Mex$482.73 | Mex$516.74 +7.0% | 10.5% | Mex$599.41 | Mex$411.03 | n/a | 11 |
Sep ’24 | n/a | Mex$499.33 0% | 13.6% | Mex$598.34 | Mex$376.10 | n/a | 12 |
Aug ’24 | Mex$451.22 | Mex$467.77 +3.7% | 15.3% | Mex$567.17 | Mex$300.27 | n/a | 12 |
Jul ’24 | Mex$455.50 | Mex$462.33 +1.5% | 15.9% | Mex$584.00 | Mex$309.18 | n/a | 12 |
Jun ’24 | Mex$408.00 | Mex$467.24 +14.5% | 17.1% | Mex$596.82 | Mex$315.96 | n/a | 11 |
May ’24 | Mex$365.00 | Mex$482.12 +32.1% | 16.4% | Mex$609.57 | Mex$358.57 | n/a | 11 |
Apr ’24 | n/a | Mex$499.45 0% | 15.4% | Mex$624.10 | Mex$367.12 | Mex$411.00 | 11 |
Mar ’24 | Mex$374.00 | Mex$499.45 +33.5% | 15.4% | Mex$624.10 | Mex$367.12 | Mex$420.00 | 11 |
Feb ’24 | n/a | Mex$505.31 0% | 15.6% | Mex$637.82 | Mex$375.19 | Mex$541.99 | 11 |
Jan ’24 | Mex$430.00 | Mex$533.97 +24.2% | 16.0% | Mex$664.58 | Mex$390.93 | Mex$506.45 | 11 |
Dec ’23 | Mex$457.01 | Mex$533.97 +16.8% | 16.0% | Mex$664.58 | Mex$390.93 | Mex$490.00 | 11 |
Nov ’23 | Mex$430.00 | Mex$564.71 +31.3% | 13.4% | Mex$693.50 | Mex$475.55 | Mex$468.00 | 9 |
Oct ’23 | n/a | Mex$583.63 0% | 12.5% | Mex$704.66 | Mex$483.19 | Mex$482.73 | 9 |
Sep ’23 | Mex$438.00 | Mex$572.53 +30.7% | 11.8% | Mex$706.51 | Mex$484.46 | n/a | 8 |
Aug ’23 | Mex$471.36 | Mex$611.18 +29.7% | 13.5% | Mex$774.60 | Mex$509.60 | Mex$451.22 | 6 |
Jul ’23 | Mex$440.00 | Mex$619.04 +40.7% | 16.6% | Mex$754.77 | Mex$496.56 | Mex$455.50 | 6 |
Jun ’23 | Mex$414.15 | Mex$619.04 +49.5% | 16.6% | Mex$754.77 | Mex$496.56 | Mex$408.00 | 6 |
May ’23 | Mex$455.00 | Mex$666.48 +46.5% | 14.5% | Mex$775.29 | Mex$510.06 | Mex$365.00 | 6 |
Apr ’23 | Mex$471.00 | Mex$693.69 +47.3% | 14.7% | Mex$820.13 | Mex$553.59 | n/a | 6 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.