monday.com Ltd.

NasdaqGS:MNDY Stock Report

Market Cap: US$14.2b

monday.com Valuation

Is MNDY 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 MNDY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MNDY ($284.59) is trading above our estimate of fair value ($259.21)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for MNDY. This is calculated by dividing MNDY's market cap by their current revenue.
What is MNDY's PS Ratio?
PS Ratio15.7x
SalesUS$906.59m
Market CapUS$14.19b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for MNDY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average12.1x
GTLB GitLab
16.1x18.2%US$10.4b
CYBR CyberArk Software
15.2x20.2%US$14.2b
S SentinelOne
12.5x18.6%US$8.9b
GEN Gen Digital
4.8x2.6%US$18.4b
MNDY monday.com
15.7x20.9%US$13.8b

Price-To-Sales vs Peers: MNDY is expensive based on its Price-To-Sales Ratio (15.7x) compared to the peer average (14.7x).

Price to Sales Ratio vs Industry

How does MNDY's PS Ratio compare vs other companies in the US Software Industry?

81 CompaniesPrice / SalesEstimated GrowthMarket Cap
VYX NCR Voyix
0.6x-23.2%US$2.13b
PGY Pagaya Technologies
0.7x15.8%US$704.88m
XPER Xperi
0.8x1.8%US$390.02m
EGHT 8x8
0.6x1.1%US$385.45m
MNDY 15.7xIndustry Avg. 5.3xNo. of Companies81PS048121620+
81 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: MNDY is expensive based on its Price-To-Sales Ratio (15.7x) compared to the US Software industry average (5.3x).

Price to Sales Ratio vs Fair Ratio

What is MNDY'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.

MNDY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio15.7x
Fair PS Ratio13.4x

Price-To-Sales vs Fair Ratio: MNDY is expensive based on its Price-To-Sales Ratio (15.7x) compared to the estimated Fair Price-To-Sales Ratio (13.3x).

Analyst Price Targets

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

The above table shows the analyst MNDY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$284.59
US$320.59
+12.6%
8.8%US$355.00US$240.00n/a24
Nov ’25US$299.55
US$309.40
+3.3%
9.4%US$355.00US$230.00n/a23
Oct ’25US$269.14
US$301.05
+11.9%
8.2%US$340.00US$230.00n/a21
Sep ’25US$265.89
US$293.86
+10.5%
8.5%US$340.00US$230.00n/a21
Aug ’25US$217.08
US$262.33
+20.8%
7.7%US$300.00US$220.00n/a21
Jul ’25US$239.97
US$261.00
+8.8%
7.4%US$300.00US$220.00n/a19
Jun ’25US$225.91
US$260.22
+15.2%
7.5%US$300.00US$220.00n/a18
May ’25US$189.95
US$244.93
+28.9%
10.1%US$280.00US$190.00n/a19
Apr ’25US$221.00
US$250.04
+13.1%
9.4%US$280.00US$190.00n/a17
Mar ’25US$228.92
US$243.39
+6.3%
8.5%US$280.00US$190.00n/a17
Feb ’25US$211.12
US$224.55
+6.4%
8.6%US$270.00US$190.00n/a16
Jan ’25US$187.81
US$217.33
+15.7%
10.4%US$270.00US$180.00n/a15
Dec ’24US$176.37
US$204.31
+15.8%
11.6%US$270.00US$180.00n/a16
Nov ’24US$127.26
US$201.56
+58.4%
11.0%US$250.00US$170.00US$299.5516
Oct ’24US$159.22
US$207.33
+30.2%
10.1%US$250.00US$170.00US$269.1415
Sep ’24US$176.59
US$206.56
+17.0%
10.3%US$250.00US$170.00US$265.8916
Aug ’24US$177.86
US$192.13
+8.0%
13.4%US$240.00US$150.00US$217.0816
Jul ’24US$171.22
US$192.13
+12.2%
13.4%US$240.00US$150.00US$239.9716
Jun ’24US$181.82
US$184.81
+1.6%
13.1%US$240.00US$150.00US$225.9116
May ’24US$119.91
US$176.50
+47.2%
12.6%US$230.00US$140.00US$189.9516
Apr ’24US$142.75
US$176.00
+23.3%
12.1%US$230.00US$140.00US$221.0016
Mar ’24US$147.99
US$176.00
+18.9%
12.1%US$230.00US$140.00US$228.9216
Feb ’24US$140.65
US$149.81
+6.5%
20.7%US$230.00US$115.00US$211.1216
Jan ’24US$122.00
US$150.69
+23.5%
20.3%US$230.00US$115.00US$187.8116
Dec ’23US$106.81
US$150.06
+40.5%
20.6%US$230.00US$115.00US$176.3716
Nov ’23US$103.35
US$167.00
+61.6%
20.9%US$240.00US$120.00US$127.2616

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Dye & Durham

CA$1.2b

Provides cloud-based software and technology solutions for law firms, financial service institutions, sole-practitioner law firms, and government organizations in Canada, Australia, South Africa, Ireland, and the United Kingdom.

DYND.F

CA$12.80

7D

6.1%

1Y

33.2%

Information Services Group

US$163.7m

Operates as a technology research and advisory company in the Americas, Europe, and the Asia Pacific.

III

US$3.53

7D

5.4%

1Y

-19.2%

Enghouse Systems

CA$1.6b

Develops enterprise software solutions worldwide.

EGHS.F

CA$20.88

7D

-5.3%

1Y

-17.0%