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): -53.09%
EPS Trend (3Y Correlation): 0.8%

DBX Revenue

Revenue Growth (3Y CAGR): 2.10%
Revenue Trend (3Y Correlation): 72.4%

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	7,826m
Sub-Industry	Application Software
IPO / Inception	2018-03-23

DBX Stock Ratings

Growth Rating	26.5%
Fundamental	74.5%
Dividend Rating	-
Return 12m vs S&P 500	-2.89%
Analyst Rating	2.83 of 5

DBX Dividends

Currently no dividends paid

DBX Growth Ratios

Growth Correlation 3m	20.3%
Growth Correlation 12m	4.2%
Growth Correlation 5y	30.2%
CAGR 5y	10.31%
CAGR/Max DD 3y (Calmar Ratio)	0.28
CAGR/Mean DD 3y (Pain Ratio)	0.76
Sharpe Ratio 12m	0.77
Alpha	2.46
Beta	0.673
Volatility	27.83%
Current Volume	9067.9k
Average Volume 20d	2921.1k
Stop Loss	29.9 (-3.1%)
Signal	0.07

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income (485.4m TTM) > 0 and > 6% of Revenue (6% = 152.0m TTM)

FCFTA 0.32 (>2.0%) and ΔFCFTA 1.68pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -29.28% (prev 1.87%; Δ -31.15pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.32 (>3.0%) and CFO 902.3m > Net Income 485.4m (YES >=105%, WARN >=100%)

Net Debt (2.31b) to EBITDA (738.2m) ratio: 3.13 <= 3.0 (WARN <= 3.5)

Current Ratio 0.60 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (276.7m) change vs 12m ago -14.52% (target <= -2.0% for YES)

Gross Margin 81.34% (prev 82.07%; Δ -0.73pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 92.14% (prev 93.21%; Δ -1.07pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 9.0 (EBITDA TTM 738.2m / Interest Expense TTM 65.3m) >= 6 (WARN >= 3)

Altman Z'' -5.30

(A) -0.27 = (Total Current Assets 1.11b - Total Current Liabilities 1.86b) / Total Assets 2.78b

(B) -1.25 = Retained Earnings (Balance) -3.49b / Total Assets 2.78b

warn (B) unusual magnitude: -1.25 — check mapping/units

(D) -0.85 = Book Value of Equity -3.49b / Total Liabilities 4.08b

Total Rating: -5.30 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 74.54

1. Piotroski 6.50pt = 1.50

2. FCF Yield 9.01% = 4.50

3. FCF Margin 35.25% = 7.50

4. Debt/Equity -2.33 = -2.50

5. Debt/Ebitda 3.13 = -1.93

6. ROIC - WACC (= 35.60)% = 12.50

7. RoE -52.77% = -2.50

8. Rev. Trend 72.36% = 5.43

9. EPS Trend 0.78% = 0.04

What is the price of DBX shares?

As of November 08, 2025, the stock is trading at USD 30.87 with a total of 9,067,906 shares traded.
Over the past week, the price has changed by +6.45%, over one month by +6.05%, over three months by +17.82% and over the past year by +10.72%.

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 74.54 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 28.96 USD . This means that DBX is currently overvalued and has a potential downside of -6.19%.

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	27.9	-9.7%
Analysts Target Price	27.9	-9.7%
ValueRay Target Price	31.7	2.6%

DBX Fundamental Data Overview November 04, 2025

Market Cap USD = 7.83b (7.83b USD * 1.0 USD.USD)
P/E Trailing = 17.7914
P/E Forward = 10.1626
P/S = 3.0899
P/B = 29.8101
P/EG = 1.9538
Beta = 0.673
Revenue TTM = 2.53b USD
EBIT TTM = 587.7m USD
EBITDA TTM = 738.2m USD
Long Term Debt = 1.65b USD (from longTermDebt, last quarter)
Short Term Debt = 874.9m USD (from shortTermDebt, last quarter)
Debt = 3.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.31b USD (from netDebt column, last quarter)
Enterprise Value = 9.91b USD (7.83b + Debt 3.04b - CCE 954.7m)
Interest Coverage Ratio = 9.0 (Ebit TTM 587.7m / Interest Expense TTM 65.3m)
FCF Yield = 9.01% (FCF TTM 892.8m / Enterprise Value 9.91b)
FCF Margin = 35.25% (FCF TTM 892.8m / Revenue TTM 2.53b)
Net Margin = 19.16% (Net Income TTM 485.4m / Revenue TTM 2.53b)
Gross Margin = 81.34% ((Revenue TTM 2.53b - Cost of Revenue TTM 472.6m) / Revenue TTM)
Gross Margin QoQ = 80.25% (prev 81.32%)
Tobins Q-Ratio = 3.57 (Enterprise Value 9.91b / Total Assets 2.78b)
Interest Expense / Debt = 0.90% (Interest Expense 27.3m / Debt 3.04b)
Taxrate = 15.02% (22.2m / 147.8m)
NOPAT = 499.4m (EBIT 587.7m * (1 - 15.02%))
Current Ratio = 0.60 (Total Current Assets 1.11b / Total Current Liabilities 1.86b)
Debt / Equity = -2.33 (negative equity) (Debt 3.04b / totalStockholderEquity, last quarter -1.31b)
Debt / EBITDA = 3.13 (Net Debt 2.31b / EBITDA 738.2m)
Debt / FCF = 2.58 (Net Debt 2.31b / FCF TTM 892.8m)
Total Stockholder Equity = -919.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 17.46% (Net Income 485.4m / Total Assets 2.78b)
RoE = -52.77% (negative equity) (Net Income TTM 485.4m / Total Stockholder Equity -919.9m)
RoCE = 80.53% (EBIT 587.7m / Capital Employed (Equity -919.9m + L.T.Debt 1.65b))
RoIC = 41.94% (NOPAT 499.4m / Invested Capital 1.19b)
WACC = 6.33% (E(7.83b)/V(10.87b) * Re(8.50%) + D(3.04b)/V(10.87b) * Rd(0.90%) * (1-Tc(0.15)))
Discount Rate = 8.50% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -10.30%
[DCF Debug] Terminal Value 77.55% ; FCFE base≈866.7m ; Y1≈920.6m ; Y5≈1.10b
Fair Price DCF = 91.50 (DCF Value 17.70b / Shares Outstanding 193.4m; 5y FCF grow 6.88% → 3.0% )
EPS Correlation: 0.78 | EPS CAGR: -53.09% | SUE: -4.0 | # QB: 0
Revenue Correlation: 72.36 | Revenue CAGR: 2.10% | SUE: 3.49 | # QB: 3

Additional Sources for DBX Stock

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