NYSE:BOX

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. More Details


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: BOX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-8.2%

BOX

-2.5%

US Software

-1.3%

US Market


1 Year Return

2.0%

BOX

64.0%

US Software

18.5%

US Market

Return vs Industry: BOX underperformed the US Software industry which returned 64.1% over the past year.

Return vs Market: BOX underperformed the US Market which returned 19.5% over the past year.


Shareholder returns

BOXIndustryMarket
7 Day-8.2%-2.5%-1.3%
30 Day-10.5%8.4%5.3%
90 Day-12.0%10.2%7.5%
1 Year2.0%2.0%65.1%64.0%21.3%18.5%
3 Year-24.6%-24.6%147.7%139.5%42.4%32.9%
5 Year28.8%28.8%254.0%233.3%84.2%63.5%

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

Valuation

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

31.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BOX ($16.51) is trading below our estimate of fair value ($23.59)

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


Price To Earnings Ratio

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

PE vs Market: BOX is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BOX is overvalued based on its PB Ratio (43.3x) compared to the US Software industry average (7.4x).


Next Steps

Future Growth

How is Box forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

29.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: BOX's revenue (8.7% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: BOX's revenue (8.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BOX's Return on Equity is forecast to be very high in 3 years time (68.7%).


Next Steps

Past Performance

How has Box performed over the past 5 years?

10.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOX is currently unprofitable.

Growing Profit Margin: BOX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BOX is unprofitable, but has reduced losses over the past 5 years at a rate of 10.2% per year.

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

Earnings vs Industry: BOX is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (12.8%).


Return on Equity

High ROE: BOX has a negative Return on Equity (-175.35%), as it is currently unprofitable.


Next Steps

Financial Health

How is Box's financial position?


Financial Position Analysis

Short Term Liabilities: BOX's short term assets ($453.6M) do not cover its short term liabilities ($514.6M).

Long Term Liabilities: BOX's short term assets ($453.6M) exceed its long term liabilities ($386.3M).


Debt to Equity History and Analysis

Debt Level: BOX's debt to equity ratio (117.5%) is considered high.

Reducing Debt: BOX's debt to equity ratio has increased from 20% to 117.5% 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 BOX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BOX is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 64.1% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate BOX'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 BOX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BOX'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 BOX's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

3.2yrs

Average management tenure


CEO

Aaron Levie (35 yo)

15.5yrs

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 ($USD232.72K) is below average for companies of similar size in the US market ($USD5.61M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Aaron Levie
Co-Founder15.5yrsUS$232.72k1.74%
$ 43.7m
Dylan Smith
Co-Founder & CFOno dataUS$2.87m0.69%
$ 17.4m
Stephanie Carullo
Chief Operating Officer3.17yrsUS$2.08m0.062%
$ 1.6m
Jeff Mannie
VP, Controller & Chief Accounting Officerno datano data0.060%
$ 1.5m
Paul Chapman
Chief Information Officer5.25yrsno datano data
Alice Lopatto
Director of Investor Relationsno datano datano data
David Leeb
Chief Legal Officer & Corporate Secretary2.42yrsno datano data
Chris Koehler
Chief Marketing Officer1.75yrsno datano data
Jessica Swank
Chief People Officer & Senior VP0.75yrno datano data
Lesley Young
Senior Vice President and General Manager of Global Commercial & Online Sales Operations4.25yrsno datano data
Jon Herstein
Chief Customer Officerno datano datano data
Katsunori Furuichi
President & MD of Japanno datano datano data

3.2yrs

Average Tenure

43yo

Average Age

Experienced Management: BOX's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Aaron Levie
Co-Founder15.5yrsUS$232.72k1.74%
$ 43.7m
Dana Evan
Lead Independent Director0.25yrUS$248.46k0.071%
$ 1.8m
Jack Lazar
Independent Director0.58yrno data0%
$ 0
Carl Bass
Independent Director0.42yrno datano data
Jonathan Heiliger
Member of Tech Advisory Boardno datano datano data
Daniel Levin
Director10.75yrsUS$200.96k0.096%
$ 2.4m
Susan Barsamian
Independent Director2.42yrsUS$222.41k0.0092%
$ 231.2k
Bethany Mayer
Independent Director0.50yrno datano data
Peter Leav
Independent Director1.33yrsUS$438.44k0.0026%
$ 64.2k
Kimberly Hammonds
Independent Director2yrsUS$38.00k0.0043%
$ 107.0k

1.3yrs

Average Tenure

55.5yo

Average Age

Experienced Board: BOX's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.9%.


Top Shareholders

Company Information

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


Key Information

  • Name: Box, Inc.
  • Ticker: BOX
  • Exchange: NYSE
  • Founded: 2005
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$2.519b
  • Shares outstanding: 156.54m
  • 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 platfor ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 00:18
End of Day Share Price2020/10/20 00:00
Earnings2020/07/31
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.