BOX INC - CLASS A (BOX)
US10316T1043 - Common Stock
We assign a fundamental rating of 5 out of 10 to BOX. BOX was compared to 279 industry peers in the Software industry. BOX has only an average score on both its financial health and profitability. BOX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BOX had positive earnings in the past year.
BOX had a positive operating cash flow in the past year.
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
BOX has a better Return On Assets (8.68%) than 84.95% of its industry peers.
With an excellent Return On Equity value of 852.33%, BOX belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
BOX has a better Return On Invested Capital (8.41%) than 82.80% 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 78.49% of its industry peers.
BOX has a Operating Margin of 7.72%. This is in the better half of the industry: BOX outperforms 73.48% of its industry peers.
Looking at the Gross Margin, with a value of 78.38%, BOX is in the better half of the industry, outperforming 75.27% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BOX is destroying value.
BOX has about the same amout of shares outstanding than it did 1 year ago.
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
An Altman-Z score of 2.19 indicates that BOX is not a great score, but indicates only limited risk for bankruptcy at the moment.
BOX's Altman-Z score of 2.19 is in line compared to the rest of the industry. BOX outperforms 45.52% of its industry peers.
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 65.23% 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.
With a Debt to Equity ratio value of 47.24, BOX is not doing good in the industry: 88.89% of the companies in the same industry are doing better.
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 | 2.19 |
ROIC/WACC0.74
WACC11.33%
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's Current ratio of 1.64 is in line compared to the rest of the industry. BOX outperforms 49.46% of its industry peers.
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.
The Quick ratio of BOX (1.64) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
BOX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.57%, which is quite impressive.
Measured over the past years, BOX shows a very strong growth in Earnings Per Share. The EPS has been growing by 27.77% on average per year.
The Revenue has been growing slightly by 4.09% in the past year.
BOX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.27% yearly.
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
The Earnings Per Share is expected to grow by 14.78% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.80% on average over the next years.
EPS Next Y18.03%
EPS Next 2Y13.87%
EPS Next 3Y14.17%
EPS Next 5Y14.78%
Revenue Next Year5.06%
Revenue Next 2Y5.71%
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
A Price/Earnings ratio of 18.84 indicates a rather expensive valuation of BOX.
BOX's Price/Earnings ratio is rather cheap when compared to the industry. BOX is cheaper than 83.87% of the companies in the same industry.
BOX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.73.
A Price/Forward Earnings ratio of 16.92 indicates a correct valuation of BOX.
Based on the Price/Forward Earnings ratio, BOX is valued cheaper than 82.80% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.83. BOX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.84 | ||
| Fwd PE | 16.92 |
4.2 Price Multiples
70.97% of the companies in the same industry are more expensive than BOX, based on the Enterprise Value to EBITDA ratio.
BOX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BOX is cheaper than 91.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.59 | ||
| EV/EBITDA | 40.24 |
4.3 Compensation for Growth
BOX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BOX has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as BOX's earnings are expected to grow with 14.17% in the coming years.
PEG (NY)1.04
PEG (5Y)N/A
EPS Next 2Y13.87%
EPS Next 3Y14.17%
5. Dividend
5.1 Amount
BOX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BOX INC - CLASS A
NYSE:BOX (12/20/2024, 8:04:01 PM)
After market: 32.03 0 (0%)32.03
-0.03 (-0.09%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners98.91%
Inst Owner Change1.74%
Ins Owners3.28%
Ins Owner Change-0.01%
Market Cap4.60B
Analysts77.14
Price Target34.66 (8.21%)
Short Float %11.57%
Short Ratio9.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)-0.7%
Min Revenue beat(2)-0.72%
Max Revenue beat(2)-0.67%
Revenue beat(4)0
Avg Revenue beat(4)-0.61%
Min Revenue beat(4)-1.02%
Max Revenue beat(4)0%
Revenue beat(8)1
Avg Revenue beat(8)-0.73%
Revenue beat(12)3
Avg Revenue beat(12)-0.52%
Revenue beat(16)5
Avg Revenue beat(16)-0.29%
PT rev (1m)4.08%
PT rev (3m)14.54%
EPS NQ rev (1m)-1.62%
EPS NQ rev (3m)-1.62%
EPS NY rev (1m)2.17%
EPS NY rev (3m)2.63%
Revenue NQ rev (1m)0.54%
Revenue NQ rev (3m)0.54%
Revenue NY rev (1m)0.18%
Revenue NY rev (3m)0.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.84 | ||
| Fwd PE | 16.92 | ||
| P/S | 4.29 | ||
| P/FCF | 15.59 | ||
| P/OCF | 14.41 | ||
| P/B | 333.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 40.24 |
EPS(TTM)1.7
EY5.31%
EPS(NY)1.89
Fwd EY5.91%
FCF(TTM)2.05
FCFY6.41%
OCF(TTM)2.22
OCFY6.94%
SpS7.47
BVpS0.1
TBVpS-0.45
PEG (NY)1.04
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 | 2.19 |
F-Score7
WACC11.33%
ROIC/WACC0.74
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 Y18.03%
EPS Next 2Y13.87%
EPS Next 3Y14.17%
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 2Y5.71%
Revenue Next 3Y6.16%
Revenue Next 5Y6.8%
EBIT growth 1Y68.15%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year27.23%
EBIT Next 3Y18.25%
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%