BOX INC - CLASS A (BOX) Stock Fundamental Analysis
NYSE:BOX - New York Stock Exchange, Inc. - US10316T1043 - Common Stock - Currency: USD
BOX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 283 industry peers in the Software industry. BOX has only an average score on both its financial health and profitability. BOX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BOX had positive earnings in the past year.
In the past year BOX had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: BOX reported negative net income in multiple years.
Each year in the past 5 years BOX had a positive operating cash flow.
1.2 Ratios
The Return On Assets of BOX (8.68%) is better than 85.45% of its industry peers.
Looking at the Return On Equity, with a value of 852.33%, BOX belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
BOX has a Return On Invested Capital of 8.41%. This is amongst the best in the industry. BOX outperforms 81.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.68% | ||
| ROE | 852.33% | ||
| ROIC | 8.41% |
ROA(3y)1.61%
ROA(5y)-2.68%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of BOX (10.95%) is better than 76.36% of its industry peers.
Looking at the Operating Margin, with a value of 7.72%, BOX is in the better half of the industry, outperforming 73.82% of the companies in the same industry.
The Gross Margin of BOX (78.38%) is better than 75.64% of its industry peers.
BOX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.72% | ||
| PM (TTM) | 10.95% | ||
| GM | 78.38% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.87%
GM growth 5Y0.94%
2. Health
2.1 Basic Checks
BOX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, BOX has about the same amount of shares outstanding.
BOX has about the same amout of shares outstanding than it did 5 years ago.
BOX has a better debt/assets ratio than last year.
2.2 Solvency
BOX has an Altman-Z score of 2.24. This is not the best score and indicates that BOX is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.24, BOX is in line with its industry, outperforming 49.82% of the companies in the same industry.
The Debt to FCF ratio of BOX is 2.21, which is a good value as it means it would take BOX, 2.21 years of fcf income to pay off all of its debts.
BOX has a better Debt to FCF ratio (2.21) than 64.00% of its industry peers.
A Debt/Equity ratio of 47.24 is on the high side and indicates that BOX has dependencies on debt financing.
BOX has a worse Debt to Equity ratio (47.24) than 88.36% of its industry peers.
Even though the debt/equity ratio score it not favorable for BOX, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 47.24 | ||
| Debt/FCF | 2.21 | ||
| Altman-Z | 2.24 |
ROIC/WACC0.63
WACC13.46%
2.3 Liquidity
BOX has a Current Ratio of 1.64. This is a normal value and indicates that BOX is financially healthy and should not expect problems in meeting its short term obligations.
BOX has a Current ratio (1.64) which is comparable to the rest of the industry.
BOX has a Quick Ratio of 1.64. This is a normal value and indicates that BOX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.64, BOX is in line with its industry, outperforming 50.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.57% over the past year.
The Earnings Per Share has been growing by 27.77% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 4.09% in the past year.
The Revenue has been growing by 11.27% on average over the past years. This is quite good.
EPS 1Y (TTM)20.57%
EPS 3Y27.77%
EPS 5YN/A
EPS Q2Q%25%
Revenue 1Y (TTM)4.09%
Revenue growth 3Y10.42%
Revenue growth 5Y11.27%
Sales Q2Q%5.5%
3.2 Future
Based on estimates for the next years, BOX will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.78% on average per year.
The Revenue is expected to grow by 6.80% on average over the next years.
EPS Next Y18.31%
EPS Next 2Y13.7%
EPS Next 3Y14.13%
EPS Next 5Y14.78%
Revenue Next Year5.06%
Revenue Next 2Y5.75%
Revenue Next 3Y6.16%
Revenue Next 5Y6.8%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.24, the valuation of BOX can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of BOX indicates a rather cheap valuation: BOX is cheaper than 81.82% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of BOX to the average of the S&P500 Index (29.98), we can say BOX is valued slightly cheaper.
A Price/Forward Earnings ratio of 17.32 indicates a rather expensive valuation of BOX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BOX indicates a rather cheap valuation: BOX is cheaper than 83.27% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.66. BOX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.24 | ||
| Fwd PE | 17.32 |
4.2 Price Multiples
BOX's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BOX is cheaper than 69.45% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BOX is valued cheaper than 87.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.92 | ||
| EV/EBITDA | 41.11 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of BOX may justify a higher PE ratio.
A more expensive valuation may be justified as BOX's earnings are expected to grow with 14.13% in the coming years.
PEG (NY)1.05
PEG (5Y)N/A
EPS Next 2Y13.7%
EPS Next 3Y14.13%
5. Dividend
5.1 Amount
No dividends for BOX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
32.7
+0.3 (+0.93%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners103.92%
Inst Owner Change2.99%
Ins Owners3.18%
Ins Owner Change-0.02%
Market Cap4.70B
Analysts78.67
Price Target38.41 (17.46%)
Short Float %10.48%
Short Ratio9.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.1
Dividend Growth(5Y)N/A
DP12.76%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.91%
Min EPS beat(2)5.48%
Max EPS beat(2)8.33%
EPS beat(4)4
Avg EPS beat(4)7.32%
Min EPS beat(4)5.48%
Max EPS beat(4)8.33%
EPS beat(8)7
Avg EPS beat(8)6.16%
EPS beat(12)11
Avg EPS beat(12)4.84%
EPS beat(16)15
Avg EPS beat(16)6.58%
Revenue beat(2)0
Avg Revenue beat(2)-0.75%
Min Revenue beat(2)-0.82%
Max Revenue beat(2)-0.67%
Revenue beat(4)0
Avg Revenue beat(4)-0.63%
Min Revenue beat(4)-1.02%
Max Revenue beat(4)0%
Revenue beat(8)1
Avg Revenue beat(8)-0.74%
Revenue beat(12)3
Avg Revenue beat(12)-0.53%
Revenue beat(16)5
Avg Revenue beat(16)-0.29%
PT rev (1m)0%
PT rev (3m)10.81%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.31%
EPS NY rev (1m)0%
EPS NY rev (3m)2.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.24 | ||
| Fwd PE | 17.32 | ||
| P/S | 4.38 | ||
| P/FCF | 15.92 | ||
| P/OCF | 14.71 | ||
| P/B | 340.63 | ||
| P/tB | N/A | ||
| EV/EBITDA | 41.11 |
EPS(TTM)1.7
EY5.2%
EPS(NY)1.89
Fwd EY5.77%
FCF(TTM)2.05
FCFY6.28%
OCF(TTM)2.22
OCFY6.8%
SpS7.47
BVpS0.1
TBVpS-0.45
PEG (NY)1.05
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.68% | ||
| ROE | 852.33% | ||
| ROCE | 10.8% | ||
| ROIC | 8.41% | ||
| ROICexc | 93.15% | ||
| ROICexgc | N/A | ||
| OM | 7.72% | ||
| PM (TTM) | 10.95% | ||
| GM | 78.38% | ||
| FCFM | 27.5% |
ROA(3y)1.61%
ROA(5y)-2.68%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.87%
GM growth 5Y0.94%
F-Score7
Asset Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 47.24 | ||
| Debt/FCF | 2.21 | ||
| Debt/EBITDA | 5.87 | ||
| Cap/Depr | 86.05% | ||
| Cap/Sales | 2.26% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 287.72% | ||
| Profit Quality | 251.06% | ||
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | 2.24 |
F-Score7
WACC13.46%
ROIC/WACC0.63
Cap/Depr(3y)24.78%
Cap/Depr(5y)23.75%
Cap/Sales(3y)1.55%
Cap/Sales(5y)1.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.57%
EPS 3Y27.77%
EPS 5YN/A
EPS Q2Q%25%
EPS Next Y18.31%
EPS Next 2Y13.7%
EPS Next 3Y14.13%
EPS Next 5Y14.78%
Revenue 1Y (TTM)4.09%
Revenue growth 3Y10.42%
Revenue growth 5Y11.27%
Sales Q2Q%5.5%
Revenue Next Year5.06%
Revenue Next 2Y5.75%
Revenue Next 3Y6.16%
Revenue Next 5Y6.8%
EBIT growth 1Y68.15%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year27.27%
EBIT Next 3Y17.82%
EBIT Next 5Y2.71%
FCF growth 1Y21.98%
FCF growth 3Y18.54%
FCF growth 5Y51.44%
OCF growth 1Y25.26%
OCF growth 3Y17.44%
OCF growth 5Y41.95%