DBX Valuation

Dropbox Inc

Add to Watchlist

Advanced Chart

28.320

-0.1(-0.352%)1D

Overview
Forecast
Valuation
Earnings

DBX Relative Valuation

DBX's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, DBX is overvalued; if below, it's undervalued.

Historical Valuation

Dropbox Inc (DBX) is now in the Undervalued zone, suggesting that its current forward PE ratio of 10.29 is considered Undervalued compared with the five-year average of 14.43. The fair price of Dropbox Inc (DBX) is between 33.16 to 50.99 according to relative valuation methord. Compared to the current price of 28.27 USD , Dropbox Inc is Undervalued By 14.74%.

Relative Value

Fair Zone

33.16-50.99

Current Price：28.27

14.74%

Undervalued

10.34

Trailing

Forward

8.42

EV/EBITDA

Dropbox Inc. (DBX) has a current EV/EBITDA of 8.42. The 5-year average EV/EBITDA is 10.89. The thresholds are as follows: Strongly Undervalued below 6.04, Undervalued between 6.04 and 8.46, Fairly Valued between 13.32 and 8.46, Overvalued between 13.32 and 15.75, and Strongly Overvalued above 15.75. The current Forward EV/EBITDA of 8.42 falls within the Undervalued range.

10.07

EV/EBIT

Dropbox Inc. (DBX) has a current EV/EBIT of 10.07. The 5-year average EV/EBIT is 13.38. The thresholds are as follows: Strongly Undervalued below 6.56, Undervalued between 6.56 and 9.97, Fairly Valued between 16.79 and 9.97, Overvalued between 16.79 and 20.20, and Strongly Overvalued above 20.20. The current Forward EV/EBIT of 10.07 falls within the Historic Trend Line -Fairly Valued range.

3.08

Dropbox Inc. (DBX) has a current PS of 3.08. The 5-year average PS is 3.74. The thresholds are as follows: Strongly Undervalued below 2.33, Undervalued between 2.33 and 3.04, Fairly Valued between 4.45 and 3.04, Overvalued between 4.45 and 5.16, and Strongly Overvalued above 5.16. The current Forward PS of 3.08 falls within the Historic Trend Line -Fairly Valued range.

8.16

P/OCF

Dropbox Inc. (DBX) has a current P/OCF of 8.16. The 5-year average P/OCF is 10.56. The thresholds are as follows: Strongly Undervalued below 6.02, Undervalued between 6.02 and 8.29, Fairly Valued between 12.83 and 8.29, Overvalued between 12.83 and 15.09, and Strongly Overvalued above 15.09. The current Forward P/OCF of 8.16 falls within the Undervalued range.

8.42

P/FCF

Dropbox Inc. (DBX) has a current P/FCF of 8.42. The 5-year average P/FCF is 11.09. The thresholds are as follows: Strongly Undervalued below 5.76, Undervalued between 5.76 and 8.42, Fairly Valued between 13.76 and 8.42, Overvalued between 13.76 and 16.43, and Strongly Overvalued above 16.43. The current Forward P/FCF of 8.42 falls within the Undervalued range.

Dropbox Inc (DBX) has a current Price-to-Book (P/B) ratio of -5.79. Compared to its 3-year average P/B ratio of -21.92 , the current P/B ratio is approximately -73.56% higher. Relative to its 5-year average P/B ratio of -29.91, the current P/B ratio is about -80.63% higher. Dropbox Inc (DBX) has a Forward Free Cash Flow (FCF) yield of approximately 11.69%. Compared to its 3-year average FCF yield of 9.55%, the current FCF yield is approximately 22.47% lower. Relative to its 5-year average FCF yield of 8.35% , the current FCF yield is about 39.97% lower.

-5.82

P/B

Median3y

-21.92

Median5y

-29.91

11.69

FCF Yield

Median3y

9.55

Median5y

8.35

Competitors Valuation Multiple

The average P/S ratio for DBX's competitors is 3.34, providing a benchmark for relative valuation. Dropbox Inc Corp (DBX) exhibits a P/S ratio of 3.08, which is -7.72% above the industry average. Given its robust revenue growth of -1.39%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Exlservice Holdings Inc

Akamai Technologies Inc

Performance Decomposition

Market capitalization of DBX increased by 12.65% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 17.42 to 20.07.

The secondary factor is the P/E Change, contributed -1.17%to the performance.

Overall, the performance of DBX in the past 1 year is driven by Margin Expansion. Which is more sustainable.

-1.39%

634.50M → 625.70M

Revenue Growth

15.21%

17.42 → 20.07

Margin Expansion

-1.17%

18.33 → 18.12

P/E Change

12.65%