Added to YB: 2024-06-05
Pitch date: 2024-06-01
CRM [bullish]
Salesforce, Inc.
-20.28%
current return
Author Info
No bio for this author
Company Info
Salesforce, Inc. provides customer relationship management technology services that connect companies and customers together in the United States, Europe, and the Asia Pacific.
Market Cap
$172.8B
Pitch Price
$232.11
Price Target
316.25 (+71%)
Dividend
0.94%
EV/EBITDA
13.75
P/E
24.00
EV/Sales
4.36
Sector
Software
Category
value
Salesforce Presents Attractive Valuation with Strong Growth Prospects and Improving Margins
CRM trades at 23x NTM P/E (3yr mean 39x) & 5.2% NTM FCF yield (3yr mean 3.7%), below fair value. Strong balance sheet, improving returns, 24% rev CAGR since '14. EPS growth to justify valuation, analysts expect 12-15% '25-'27 growth. $316 PT at 25x '27 EPS for 12.5% CAGR. Consider building position if weakness persists.
Read full article (2 min)