(BOX) Box - Overview
Sector: Technology | Industry: Software - Infrastructure | Exchange: NYSE (USA) | Market Cap: 3.392m USD | Total Return: -23.5% in 12m
Industry Rotation: +27.7
Avg Turnover: 48.0M
EPS Trend: -11.5%
Qual. Beats: 1
Rev. Trend: 97.3%
Qual. Beats: 0
Warnings
Altman Z'' -1.65 < 1.0 - financial distress zone
Tailwinds
Confidence
Box, Inc. operates a global cloud content management platform structured as a Software-as-a-Service (SaaS) model. The platform integrates secure external collaboration, automated workflows, and e-signature capabilities into a centralized hub accessible via web, mobile, and desktop applications. Headquartered in Redwood City, California, the company facilitates digital transformation by allowing organizations to transition from legacy on-premise storage to scalable cloud architectures.
The Application Software sector typically relies on high recurring revenue through subscription-based licensing, which provides predictable cash flow compared to traditional perpetual licenses. As enterprise security requirements intensify, Box differentiates itself by focusing on governance and compliance features that meet federal and highly regulated industry standards. Investors can visit ValueRay to further analyze the companys valuation metrics and historical performance. Box continues to expand its addressable market by offering developer tools for building custom applications on its core infrastructure.
- Enterprise transition to multi-product suites drives higher average revenue per user
- Box AI monetization strategy determines long-term platform differentiation and growth
- Expansion of international revenue streams mitigates domestic enterprise spending volatility
- Margin expansion depends on efficient management of cloud infrastructure and hosting costs
- Increased adoption of governance and security modules strengthens recurring subscription revenue
| Net Income: 101.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.23 > 0.02 and ΔFCF/TA 2.89 > 1.0 |
| NWC/Revenue: 3.61% < 20% (prev 16.12%; Δ -12.51% < -1%) |
| CFO/TA 0.23 > 3% & CFO 356.4m > Net Income 101.3m |
| Net Debt (649.2m) to EBITDA (140.7m): 4.62 < 3 |
| Current Ratio: 1.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (146.4m) vs 12m ago -2.70% < -2% |
| Gross Margin: 79.22% > 18% (prev 0.79%; Δ 7.84k% > 0.5%) |
| Asset Turnover: 73.27% > 50% (prev 65.37%; Δ 7.89% > 0%) |
| Interest Coverage Ratio: 9.68 > 6 (EBITDA TTM 140.7m / Interest Expense TTM 10.7m) |
| A: 0.03 (Total Current Assets 845.2m - Total Current Liabilities 802.7m) / Total Assets 1.55b |
| B: -0.55 (Retained Earnings -846.8m / Total Assets 1.55b) |
| C: 0.06 (EBIT TTM 103.6m / Avg Total Assets 1.61b) |
| D: -0.46 (Book Value of Equity -846.9m / Total Liabilities 1.85b) |
| Altman-Z'' Score: -1.65 = D |
| DSRI: 1.03 (Receivables 325.1m/292.7m, Revenue 1.18b/1.09b) |
| GMI: 1.00 (GM 79.22% / 79.08%) |
| AQI: 1.27 (AQ_t 0.37 / AQ_t-1 0.29) |
| SGI: 1.08 (Revenue 1.18b / 1.09b) |
| TATA: -0.17 (NI 101.3m - CFO 356.4m) / TA 1.55b) |
| Beneish M-Score: -2.96 (Cap -4..+1) = A |
Over the past week, the price has changed by -4.08%, over one month by +3.61%, over three months by +8.77% and over the past year by -23.50%.
- StrongBuy: 5
- Buy: 2
- Hold: 2
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 32.3 | 30.7% |
P/E Forward = 13.8313
P/S = 5.0149
P/B = 31.786
P/EG = 0.5218
Revenue TTM = 1.18b USD
EBIT TTM = 103.6m USD
EBITDA TTM = 140.7m USD
Long Term Debt = 451.0m USD (from longTermDebt, last quarter)
Short Term Debt = 204.8m USD (from shortTermDebt, two quarters ago)
Debt = 1.02b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 649.2m USD (from netDebt column, last quarter)
Enterprise Value = 4.04b USD (3.39b + Debt 1.02b - CCE 375.1m)
Interest Coverage Ratio = 9.68 (Ebit TTM 103.6m / Interest Expense TTM 10.7m)
EV/FCF = 11.53x (Enterprise Value 4.04b / FCF TTM 350.4m)
FCF Yield = 8.67% (FCF TTM 350.4m / Enterprise Value 4.04b)
FCF Margin = 29.76% (FCF TTM 350.4m / Revenue TTM 1.18b)
Net Margin = 8.61% (Net Income TTM 101.3m / Revenue TTM 1.18b)
Gross Margin = 79.22% ((Revenue TTM 1.18b - Cost of Revenue TTM 244.6m) / Revenue TTM)
Gross Margin QoQ = 80.10% (prev 79.55%)
Tobins Q-Ratio = 2.61 (Enterprise Value 4.04b / Total Assets 1.55b)
Interest Expense / Debt = 0.26% (Interest Expense 2.64m / Debt 1.02b)
Taxrate = 21.0% (US default 21%)
NOPAT = 81.8m (EBIT 103.6m * (1 - 21.00%))
Current Ratio = 1.05 (Total Current Assets 845.2m / Total Current Liabilities 802.7m)
Debt / Equity = -3.42 (negative equity) (Debt 1.02b / totalStockholderEquity, last quarter -299.3m)
Debt / EBITDA = 4.62 (Net Debt 649.2m / EBITDA 140.7m)
Debt / FCF = 1.85 (Net Debt 649.2m / FCF TTM 350.4m)
Total Stockholder Equity = 87.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.31% (Net Income 101.3m / Total Assets 1.55b)
RoE = 115.7% (Net Income TTM 101.3m / Total Stockholder Equity 87.6m)
RoCE = 19.23% (EBIT 103.6m / Capital Employed (Equity 87.6m + L.T.Debt 451.0m))
RoIC = 25.60% (NOPAT 81.8m / Invested Capital 319.6m)
WACC = 5.91% (E(3.39b)/V(4.42b) * Re(7.63%) + D(1.02b)/V(4.42b) * Rd(0.26%) * (1-Tc(0.21)))
Discount Rate = 7.63% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -33.33 | Cagr: -0.89%
[DCF] Terminal Value 86.93% ; FCFF base≈342.1m ; Y1≈363.9m ; Y5≈436.9m
[DCF] Fair Price = 88.45 (EV 12.90b - Net Debt 649.2m = Equity 12.25b / Shares 138.4m; r=6.0% [WACC]; 5y FCF grow 7.07% → 3.0% )
EPS Correlation: -11.50 | EPS CAGR: 22.35% | SUE: 4.0 | # QB: 1
Revenue Correlation: 97.27 | Revenue CAGR: 6.87% | SUE: 0.32 | # QB: 0
EPS current Quarter (2026-07-31): EPS=0.39 | Chg30d=+9.10% | Revisions=+33% | Analysts=8
EPS current Year (2027-01-31): EPS=1.57 | Chg30d=+8.42% | Revisions=+54% | GrowthEPS=+9.3% | GrowthRev=+8.3%
EPS next Year (2028-01-31): EPS=1.86 | Chg30d=+2.92% | Revisions=+20% | GrowthEPS=+18.3% | GrowthRev=+8.2%
[Analyst] Revisions Ratio: +54%