Dropbox, Inc. provides a collaboration platform worldwide. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Dropbox's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DBX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: DBX's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: DBX underperformed the US Software industry which returned 38.5% over the past year.
Return vs Market: DBX exceeded the US Market which returned 19.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Dropbox's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWill The ROCE Trend At Dropbox (NASDAQ:DBX) Continue?
1 month ago | Simply Wall StShould You Think About Buying Dropbox, Inc. (NASDAQ:DBX) Now?
2 months ago | Simply Wall StDropbox, Inc. Just Beat EPS By 876%: Here's What Analysts Think Will Happen Next
Is Dropbox undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DBX ($21.77) is trading below our estimate of fair value ($53.73)
Significantly Below Fair Value: DBX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DBX is poor value based on its PE Ratio (108.6x) compared to the US Software industry average (58.9x).
PE vs Market: DBX is poor value based on its PE Ratio (108.6x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: DBX is poor value based on its PEG Ratio (2.4x)
Price to Book Ratio
PB vs Industry: DBX is overvalued based on its PB Ratio (10.6x) compared to the US Software industry average (9.5x).
How is Dropbox forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DBX's forecast earnings growth (44.7% per year) is above the savings rate (2%).
Earnings vs Market: DBX's earnings (44.7% per year) are forecast to grow faster than the US market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DBX's revenue (7.9% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: DBX's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DBX's Return on Equity is forecast to be very high in 3 years time (46.9%).
How has Dropbox performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DBX has a large one-off gain of $16.3M impacting its September 30 2020 financial results.
Growing Profit Margin: DBX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: DBX has become profitable over the past 5 years, growing earnings by 35.3% per year.
Accelerating Growth: DBX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DBX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (14.3%).
Return on Equity
High ROE: DBX's Return on Equity (9.7%) is considered low.
How is Dropbox's financial position?
Financial Position Analysis
Short Term Liabilities: DBX's short term assets ($1.3B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: DBX's short term assets ($1.3B) exceed its long term liabilities ($984.1M).
Debt to Equity History and Analysis
Debt Level: DBX is debt free.
Reducing Debt: DBX had no debt 5 years ago.
Debt Coverage: DBX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DBX has no debt, therefore coverage of interest payments is not a concern.
What is Dropbox current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DBX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DBX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DBX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DBX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DBX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Drew Houston (37 yo)
Mr. Andrew W. Houston, also known as Drew, co-founded Dropbox Inc., and serves as its Chief Executive Officer and Director since June 2007 and serves as its Chairman. He served as President of Dropbox Inc....
CEO Compensation Analysis
Compensation vs Market: Drew's total compensation ($USD1.39M) is below average for companies of similar size in the US market ($USD6.20M).
Compensation vs Earnings: Drew's compensation has been consistent with company performance over the past year.
|Chief Accounting Officer & CFO||0.33yr||no data||0.077% |
|Chief Operating Officer||0.92yr||no data||0.20% |
|Head of Investor Relations||no data||no data||no data|
|Chief Legal Officer||4.58yrs||US$3.53m||0.11% |
|Chief Communications Officer||no data||no data||no data|
|Chief Marketing Officer||1yr||no data||no data|
|Chief People Officer||1.5yrs||no data||no data|
|Vice President of Corporate Legal||no data||no data||no data|
|Vice President of Corporate Finance & Strategy||no data||no data||no data|
|Senior Director of Engineering||no data||no data||no data|
Experienced Management: DBX's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
|Independent Non-Executive Director||4.75yrs||US$355.00k||0.063% |
|Lead Independent Director||0.83yr||US$362.50k||0.014% |
|Independent Director||6.75yrs||US$405.00k||0.014% |
|Independent Non-Executive Director||6.33yrs||US$390.00k||0.016% |
|Independent Director||1.42yrs||US$247.25k||0.0015% |
|Director||0.083yr||no data||no data|
|Independent Director||1.42yrs||US$246.36k||0.00077% |
Experienced Board: DBX's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Dropbox, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Dropbox, Inc.
- Ticker: DBX
- Exchange: NasdaqGS
- Founded: 2007
- Industry: Application Software
- Sector: Software
- Market Cap: US$9.004b
- Shares outstanding: 413.62m
- Website: https://www.dropbox.com
Number of Employees
- Dropbox, Inc.
- 1800 Owens Street
- San Francisco
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DBX||WBAG (Wiener Boerse AG)||Yes||Class A Common Stock||AT||EUR||Mar 2018|
|DBX||NasdaqGS (Nasdaq Global Select)||Yes||Class A Common Stock||US||USD||Mar 2018|
|1Q5||SWX (SIX Swiss Exchange)||Yes||Class A Common Stock||CH||CHF||Mar 2018|
|0SGO||LSE (London Stock Exchange)||Yes||Class A Common Stock||GB||USD||Mar 2018|
|1Q5||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Mar 2018|
|DBX *||BMV (Bolsa Mexicana de Valores)||Yes||Class A Common Stock||MX||MXN||Mar 2018|
|1Q5||XTRA (XETRA Trading Platform)||Yes||Class A Common Stock||DE||EUR||Mar 2018|
Dropbox, Inc. provides a collaboration platform worldwide. The company’s platform allows individuals, teams, and organizations to collaborate and sign up for free through its website or app, as well as upg...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/19 23:27|
|End of Day Share Price||2021/01/19 00:00|
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.