BOX INC - CLASS A (BOX) Stock Fundamental Analysis
USA - NYSE:BOX - US10316T1043 - Common Stock
33.53 USD
+0.45 (+1.36%)
32.7086 USD
-0.82 (-2.45%)
Taking everything into account, BOX scores 5 out of 10 in our fundamental rating. BOX was compared to 285 industry peers in the Software industry. Both the profitability and the financial health of BOX get a neutral evaluation. Nothing too spectacular is happening here. BOX is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BOX was profitable.
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.
BOX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BOX has a better Return On Assets (11.53%) than 88.42% of its industry peers.
BOX's Return On Equity of 82.92% is amongst the best of the industry. BOX outperforms 98.25% of its industry peers.
BOX has a Return On Invested Capital of 6.99%. This is in the better half of the industry: BOX outperforms 75.79% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BOX is below the industry average of 11.90%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.53% | ||
| ROE | 82.92% | ||
| ROIC | 6.99% |
ROA(3y)6.93%
ROA(5y)2.74%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)7.17%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of BOX (16.64%) is better than 81.05% of its industry peers.
The Operating Margin of BOX (6.06%) is better than 69.47% of its industry peers.
With a decent Gross Margin value of 78.99%, BOX is doing good in the industry, outperforming 77.54% of the companies in the same industry.
In the last couple of years the Gross Margin of BOX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.06% | ||
| PM (TTM) | 16.64% | ||
| GM | 78.99% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.43%
GM growth 5Y2.75%
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.
The number of shares outstanding for BOX remains at a similar level compared to 1 year ago.
BOX has less shares outstanding than it did 5 years ago.
BOX has a worse debt/assets ratio than last year.
2.2 Solvency
BOX has an Altman-Z score of 2.25. 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.
BOX's Altman-Z score of 2.25 is in line compared to the rest of the industry. BOX outperforms 50.88% of its industry peers.
The Debt to FCF ratio of BOX is 2.17, which is a good value as it means it would take BOX, 2.17 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 2.17, BOX is doing good in the industry, outperforming 68.07% of the companies in the same industry.
A Debt/Equity ratio of 1.99 is on the high side and indicates that BOX has dependencies on debt financing.
With a Debt to Equity ratio value of 1.99, BOX is not doing good in the industry: 79.65% 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 | 1.99 | ||
| Debt/FCF | 2.17 | ||
| Altman-Z | 2.25 |
ROIC/WACC0.64
WACC10.88%
2.3 Liquidity
BOX has a Current Ratio of 1.22. This is a normal value and indicates that BOX is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of BOX (1.22) is worse than 62.11% of its industry peers.
BOX has a Quick Ratio of 1.22. 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 Quick ratio of 1.22 is on the low side compared to the rest of the industry. BOX is outperformed by 61.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 |
3. Growth
3.1 Past
The earnings per share for BOX have decreased by -6.83% in the last year.
Measured over the past years, BOX shows a very strong growth in Earnings Per Share. The EPS has been growing by 124.22% on average per year.
The Revenue has been growing slightly by 6.29% in the past year.
Measured over the past years, BOX shows a quite strong growth in Revenue. The Revenue has been growing by 9.38% on average per year.
EPS 1Y (TTM)-6.83%
EPS 3Y25.99%
EPS 5Y124.22%
EPS Q2Q%-25%
Revenue 1Y (TTM)6.29%
Revenue growth 3Y7.63%
Revenue growth 5Y9.38%
Sales Q2Q%8.87%
3.2 Future
The Earnings Per Share is expected to grow by 17.45% on average over the next years. This is quite good.
The Revenue is expected to grow by 10.80% on average over the next years. This is quite good.
EPS Next Y-21.9%
EPS Next 2Y-4.68%
EPS Next 3Y4.99%
EPS Next 5Y17.45%
Revenue Next Year7.81%
Revenue Next 2Y7.7%
Revenue Next 3Y8.16%
Revenue Next 5Y10.8%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.35, the valuation of BOX can be described as rather expensive.
Based on the Price/Earnings ratio, BOX is valued a bit cheaper than 75.09% of the companies in the same industry.
BOX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.77.
Based on the Price/Forward Earnings ratio of 21.71, the valuation of BOX can be described as rather expensive.
73.68% of the companies in the same industry are more expensive than BOX, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.23. BOX is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.35 | ||
| Fwd PE | 21.71 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BOX indicates a somewhat cheap valuation: BOX is cheaper than 64.91% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BOX indicates a rather cheap valuation: BOX is cheaper than 85.96% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.09 | ||
| EV/EBITDA | 48.99 |
4.3 Compensation for Growth
BOX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2Y-4.68%
EPS Next 3Y4.99%
5. Dividend
5.1 Amount
No dividends for BOX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
33.53
+0.45 (+1.36%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners109.3%
Inst Owner Change0.13%
Ins Owners3.21%
Ins Owner Change-0.33%
Market Cap4.86B
Revenue(TTM)1.13B
Net Income(TTM)187.33M
Analysts75.71
Price Target37.5 (11.84%)
Short Float %9.25%
Short Ratio6.89
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.1
Dividend Growth(5Y)N/A
DP8.01%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.63%
Min EPS beat(2)4.53%
Max EPS beat(2)14.73%
EPS beat(4)3
Avg EPS beat(4)6.17%
Min EPS beat(4)-0.06%
Max EPS beat(4)14.73%
EPS beat(8)6
Avg EPS beat(8)5.32%
EPS beat(12)10
Avg EPS beat(12)5.98%
EPS beat(16)14
Avg EPS beat(16)5.13%
Revenue beat(2)1
Avg Revenue beat(2)-0.18%
Min Revenue beat(2)-0.46%
Max Revenue beat(2)0.11%
Revenue beat(4)1
Avg Revenue beat(4)-0.53%
Min Revenue beat(4)-0.96%
Max Revenue beat(4)0.11%
Revenue beat(8)1
Avg Revenue beat(8)-0.7%
Revenue beat(12)2
Avg Revenue beat(12)-0.73%
Revenue beat(16)5
Avg Revenue beat(16)-0.38%
PT rev (1m)-0.91%
PT rev (3m)0.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.41%
EPS NY rev (1m)-1.62%
EPS NY rev (3m)-1.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.54%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.35 | ||
| Fwd PE | 21.71 | ||
| P/S | 4.32 | ||
| P/FCF | 16.09 | ||
| P/OCF | 14.38 | ||
| P/B | 21.5 | ||
| P/tB | 33.47 | ||
| EV/EBITDA | 48.99 |
EPS(TTM)1.5
EY4.47%
EPS(NY)1.54
Fwd EY4.61%
FCF(TTM)2.08
FCFY6.22%
OCF(TTM)2.33
OCFY6.95%
SpS7.77
BVpS1.56
TBVpS1
PEG (NY)N/A
PEG (5Y)0.18
Graham Number7.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.53% | ||
| ROE | 82.92% | ||
| ROCE | 8.85% | ||
| ROIC | 6.99% | ||
| ROICexc | 397.58% | ||
| ROICexgc | N/A | ||
| OM | 6.06% | ||
| PM (TTM) | 16.64% | ||
| GM | 78.99% | ||
| FCFM | 26.83% |
ROA(3y)6.93%
ROA(5y)2.74%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)7.17%
ROIC(5y)N/A
ROICexc(3y)141.38%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)9.07%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc 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 3Y3.43%
GM growth 5Y2.75%
F-Score7
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.99 | ||
| Debt/FCF | 2.17 | ||
| Debt/EBITDA | 4.73 | ||
| Cap/Depr | 133.72% | ||
| Cap/Sales | 3.18% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 355.53% | ||
| Profit Quality | 161.22% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.22 | ||
| Altman-Z | 2.25 |
F-Score7
WACC10.88%
ROIC/WACC0.64
Cap/Depr(3y)65.86%
Cap/Depr(5y)46.57%
Cap/Sales(3y)2.07%
Cap/Sales(5y)1.91%
Profit Quality(3y)1246.15%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.83%
EPS 3Y25.99%
EPS 5Y124.22%
EPS Q2Q%-25%
EPS Next Y-21.9%
EPS Next 2Y-4.68%
EPS Next 3Y4.99%
EPS Next 5Y17.45%
Revenue 1Y (TTM)6.29%
Revenue growth 3Y7.63%
Revenue growth 5Y9.38%
Sales Q2Q%8.87%
Revenue Next Year7.81%
Revenue Next 2Y7.7%
Revenue Next 3Y8.16%
Revenue Next 5Y10.8%
EBIT growth 1Y-3.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year16.43%
EBIT Next 3Y14.64%
EBIT Next 5Y1.46%
FCF growth 1Y0.95%
FCF growth 3Y10.42%
FCF growth 5Y57.36%
OCF growth 1Y5.71%
OCF growth 3Y12.27%
OCF growth 5Y49.35%