Overview Dividends

(DBX) Dropbox - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US26210C1045

Cloud Storage, File Sync, Team Collaboration, E-Sign

DBX EPS (Earnings per Share)

EPS Growth (3Y CAGR): 25.07%
EPS Trend (3Y Correlation): 95.0%

DBX Revenue

Revenue Growth (3Y CAGR): 2.61%
Revenue Trend (3Y Correlation): 78.4%

Risk via 10d forecast
Volatility	27.4%
Value at Risk 5%th	44.3%
Relative Tail Risk	-1.69%

Reward TTM
Sharpe Ratio	0.30
Alpha	-4.02

Character TTM
Hurst Exponent	0.484
Beta	0.875
Beta Downside	0.857

Drawdowns 3y
Max DD	37.39%
Mean DD	13.66%
Median DD	12.82%

Description: DBX Dropbox November 03, 2025

Dropbox, Inc. (NASDAQ:DBX) operates a cloud-based content collaboration platform that lets individuals, families, teams, and organizations store, share, and co-edit files. Users can sign up for free and upgrade to paid plans that unlock premium features such as advanced admin controls, increased storage, and integrated e-signatures. The service is deployed across a broad set of verticals-including professional services, technology, media, education, industrial, consumer-retail, and financial services-and is headquartered in San Francisco, California.

Key recent metrics: FY 2023 revenue reached $2.2 billion, with subscription revenue growing ≈ 14 % YoY and an annual churn rate of roughly 4 % among paid users. The company’s operating margin has improved to about 10 % as it scales enterprise contracts, while the broader cloud-storage market is projected to expand at a CAGR of ≈ 15 % through 2028, driven by remote-work adoption and AI-enhanced workflow automation. Competitive pressure remains high from integrated suites such as Google Drive and Microsoft OneDrive, prompting Dropbox to double-down on AI-driven collaboration tools and tighter security integrations.

If you want a data-rich, side-by-side comparison of Dropbox’s valuation and growth outlook versus its peers, the analyst dashboards on ValueRay provide a useful next step for deeper research.

DBX Stock Overview

Market Cap in USD	8,331m
Sub-Industry	Application Software
IPO / Inception	2018-03-23
Return 12m vs S&P 500	-4.28%
Analyst Rating	2.83 of 5

DBX Dividends

Currently no dividends paid

DBX Growth Ratios

CAGR 3y	10.97%
CAGR/Max DD Calmar Ratio	0.29
CAGR/Mean DD Pain Ratio	0.80
Current Volume	3657.8k
Average Volume	3015.2k

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income (483.6m TTM) > 0 and > 6% of Revenue (6% = 152.5m TTM)

FCFTA 0.33 (>2.0%) and ΔFCFTA 2.74pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -32.28% (prev 1.87%; Δ -34.15pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.34 (>3.0%) and CFO 943.9m > Net Income 483.6m (YES >=105%, WARN >=100%)

Net Debt (2.52b) to EBITDA (738.5m) ratio: 3.42 <= 3.0 (WARN <= 3.5)

Current Ratio 0.57 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (265.1m) change vs 12m ago -18.10% (target <= -2.0% for YES)

Gross Margin 81.22% (prev 82.07%; Δ -0.85pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 92.18% (prev 93.21%; Δ -1.03pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 10.07 (EBITDA TTM 738.5m / Interest Expense TTM 58.3m) >= 6 (WARN >= 3)

Altman Z'' -5.61

(A) -0.29 = (Total Current Assets 1.08b - Total Current Liabilities 1.90b) / Total Assets 2.80b

(B) -1.30 = Retained Earnings (Balance) -3.63b / Total Assets 2.80b

warn (B) unusual magnitude: -1.30 — check mapping/units

(D) -0.84 = Book Value of Equity -3.63b / Total Liabilities 4.33b

Total Rating: -5.61 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 79.24

1. Piotroski 6.50pt = 1.50

2. FCF Yield 8.70% = 4.35

3. FCF Margin 36.50% = 7.50

4. Debt/Equity -2.13 = -2.50

5. Debt/Ebitda 3.42 = -2.24

6. ROIC - WACC (= 32.06)% = 12.50

7. RoE -49.53% = -2.50

8. Rev. Trend 78.38% = 5.88

9. EPS Trend 94.99% = 4.75

What is the price of DBX shares?

As of November 15, 2025, the stock is trading at USD 30.36 with a total of 3,657,756 shares traded.
Over the past week, the price has changed by -1.65%, over one month by +6.90%, over three months by +9.48% and over the past year by +9.72%.

Is Dropbox a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Dropbox (NASDAQ:DBX) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 79.24 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of DBX is around 28.41 USD . This means that DBX is currently overvalued and has a potential downside of -6.42%.

Is DBX a buy, sell or hold?

Dropbox has received a consensus analysts rating of 2.83. Therefor, it is recommend to hold DBX.

Strong Buy: 0
Buy: 1
Hold: 8
Sell: 3
Strong Sell: 0

What are the forecasts/targets for the DBX price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	28.3	-6.9%
Analysts Target Price	28.3	-6.9%
ValueRay Target Price	31.2	2.7%

DBX Fundamental Data Overview November 11, 2025

Market Cap USD = 8.33b (8.33b USD * 1.0 USD.USD)
P/E Trailing = 17.5398
P/E Forward = 10.1626
P/S = 3.2948
P/B = 29.8101
P/EG = 1.9538
Beta = 0.638
Revenue TTM = 2.54b USD
EBIT TTM = 587.3m USD
EBITDA TTM = 738.5m USD
Long Term Debt = 1.65b USD (from longTermDebt, last quarter)
Short Term Debt = 890.5m USD (from shortTermDebt, last quarter)
Debt = 3.25b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.52b USD (from netDebt column, last quarter)
Enterprise Value = 10.66b USD (8.33b + Debt 3.25b - CCE 925.3m)
Interest Coverage Ratio = 10.07 (Ebit TTM 587.3m / Interest Expense TTM 58.3m)
FCF Yield = 8.70% (FCF TTM 927.6m / Enterprise Value 10.66b)
FCF Margin = 36.50% (FCF TTM 927.6m / Revenue TTM 2.54b)
Net Margin = 19.03% (Net Income TTM 483.6m / Revenue TTM 2.54b)
Gross Margin = 81.22% ((Revenue TTM 2.54b - Cost of Revenue TTM 477.3m) / Revenue TTM)
Gross Margin QoQ = 79.78% (prev 81.32%)
Tobins Q-Ratio = 3.81 (Enterprise Value 10.66b / Total Assets 2.80b)
Interest Expense / Debt = 0.62% (Interest Expense 20.3m / Debt 3.25b)
Taxrate = 21.25% (33.4m / 157.2m)
NOPAT = 462.5m (EBIT 587.3m * (1 - 21.25%))
Current Ratio = 0.57 (Total Current Assets 1.08b / Total Current Liabilities 1.90b)
Debt / Equity = -2.13 (negative equity) (Debt 3.25b / totalStockholderEquity, last quarter -1.53b)
Debt / EBITDA = 3.42 (Net Debt 2.52b / EBITDA 738.5m)
Debt / FCF = 2.72 (Net Debt 2.52b / FCF TTM 927.6m)
Total Stockholder Equity = -976.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 17.30% (Net Income 483.6m / Total Assets 2.80b)
RoE = -49.53% (negative equity) (Net Income TTM 483.6m / Total Stockholder Equity -976.4m)
RoCE = 87.22% (EBIT 587.3m / Capital Employed (Equity -976.4m + L.T.Debt 1.65b))
RoIC = 38.84% (NOPAT 462.5m / Invested Capital 1.19b)
WACC = 6.78% (E(8.33b)/V(11.59b) * Re(9.24%) + D(3.25b)/V(11.59b) * Rd(0.62%) * (1-Tc(0.21)))
Discount Rate = 9.24% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -12.20%
[DCF Debug] Terminal Value 75.03% ; FCFE base≈887.6m ; Y1≈943.6m ; Y5≈1.13b
Fair Price DCF = 82.73 (DCF Value 16.00b / Shares Outstanding 193.4m; 5y FCF grow 6.99% → 3.0% )
EPS Correlation: 94.99 | EPS CAGR: 25.07% | SUE: 3.74 | # QB: 7
Revenue Correlation: 78.38 | Revenue CAGR: 2.61% | SUE: 4.0 | # QB: 3

Additional Sources for DBX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle