Added to YB: 2024-11-01
Pitch date: 2024-10-30
DBX [neutral]
Dropbox, Inc.
+4.69%
current return
Author Info
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Company Info
Dropbox, Inc. provides a content collaboration platform in the United States and internationally. The company’s platform enables individuals, families, teams, and organizations to collaborate for free through its website or app, or through a paid subscription plan for premium features.
Market Cap
$5.7B
Pitch Price
$26.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.16
P/E
12.91
EV/Sales
3.28
Sector
Software
Category
value
Deep dive into Dropbox ($DBX)
DBX (attractive below $20)): Sticky cloud storage product with 18M paid subs (2.5% of registered). Competing with tech giants. FCF $3.9B since 2018 IPO, but $2.3B SBC. Buybacks reduced shares 20%. Fair value ~$27/share. Low beta (0.6). 8% long-term yield expected. Attractive below $20 or if acquired.
Read full article (4 min)