Overview Dividends

(DBX) Dropbox - Ratings and Ratios

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

Cloud Storage, File Sharing, Collaboration Platform

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

Dropbox Inc (NASDAQ:DBX) operates a content collaboration platform, enabling individuals and organizations to store, share, and collaborate on files. The company generates revenue through paid subscription plans, offering premium features to customers across various industries, including professional services, technology, and education.

Key performance indicators (KPIs) for Dropbox include revenue growth, paid user acquisition, and retention rates. As a cloud-based service, Dropboxs business model is characterized by high margins, with a gross margin of around 80%. The companys customer base is diverse, with a significant presence in the enterprise segment, where it competes with other cloud storage providers such as Microsoft and Google.

From a financial perspective, Dropboxs revenue has been growing steadily, driven by an increasing demand for cloud-based collaboration tools. The companys ability to convert free users to paid subscribers is a key driver of revenue growth. Additionally, Dropboxs focus on enterprise sales has led to an increase in average revenue per user (ARPU), a crucial metric for the companys financial performance.

To evaluate Dropboxs stock, investors should consider metrics such as revenue growth rate, customer acquisition costs, and retention rates. A comparison of Dropboxs KPIs with industry peers, such as Box (BOX) and Microsoft (MSFT), can provide valuable insights into the companys competitive position and growth prospects. Furthermore, analyzing Dropboxs financial statements and guidance can help investors assess the companys ability to meet its growth targets and deliver returns on investment.

DBX Stock Overview

Market Cap in USD	7,854m
Sub-Industry	Application Software
IPO / Inception	2018-03-23

DBX Stock Ratings

Growth Rating	27.4%
Fundamental	74.5%
Dividend Rating	-
Return 12m vs S&P 500	-3.96%
Analyst Rating	2.83 of 5

DBX Dividends

Currently no dividends paid

DBX Growth Ratios

Growth Correlation 3m	65.2%
Growth Correlation 12m	13.8%
Growth Correlation 5y	30.8%
CAGR 5y	10.57%
CAGR/Max DD 3y (Calmar Ratio)	0.28
CAGR/Mean DD 3y (Pain Ratio)	0.78
Sharpe Ratio 12m	1.00
Alpha	0.49
Beta	0.673
Volatility	28.03%
Current Volume	2268k
Average Volume 20d	2591.7k
Stop Loss	28.8 (-3.4%)
Signal	0.75

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) 74.52

1. Piotroski 6.50pt = 1.50

2. FCF Yield 8.98% = 4.49

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 October 22, 2025, the stock is trading at USD 29.82 with a total of 2,267,984 shares traded.
Over the past week, the price has changed by +5.00%, over one month by -3.53%, over three months by +9.55% and over the past year by +11.81%.

Is Dropbox a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Dropbox (NASDAQ:DBX) is currently (October 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 74.52 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 28.07 USD . This means that DBX is currently overvalued and has a potential downside of -5.87%.

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	-6.5%
Analysts Target Price	27.9	-6.5%
ValueRay Target Price	30.7	2.9%

Last update: 2025-10-20 03:49

DBX Fundamental Data Overview

Market Cap USD = 7.85b (7.85b USD * 1.0 USD.USD)
P/E Trailing = 17.8558
P/E Forward = 10.1626
P/S = 3.101
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 = 9.94b USD (7.85b + Debt 3.04b - CCE 954.7m)
Interest Coverage Ratio = 9.0 (Ebit TTM 587.7m / Interest Expense TTM 65.3m)
FCF Yield = 8.98% (FCF TTM 892.8m / Enterprise Value 9.94b)
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 = 3.58 (Enterprise Value 9.94b / 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 = 6.34% (E(7.85b)/V(10.90b) * Re(8.50%) + D(3.04b)/V(10.90b) * 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