PCOR Valuation

Procore Technologies Inc

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67.810

+3.13(4.839%)1D

Overview
Forecast
Valuation
Earnings

PCOR Relative Valuation

PCOR'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, PCOR is overvalued; if below, it's undervalued.

Historical Valuation

Procore Technologies Inc (PCOR) is now in the Fair zone, suggesting that its current forward PS ratio of 7.05 is considered Fairly compared with the five-year average of -33.45. The fair price of Procore Technologies Inc (PCOR) is between 58.27 to 127.65 according to relative valuation methord.

Relative Value

Fair Zone

58.27-127.65

Current Price：67.81

Fair

45.89

Trailing

Forward

30.27

EV/EBITDA

Procore Technologies Inc. (PCOR) has a current EV/EBITDA of 30.27. The 5-year average EV/EBITDA is -7.98. The thresholds are as follows: Strongly Undervalued below -5659.82, Undervalued between -5659.82 and -2833.90, Fairly Valued between 2817.94 and -2833.90, Overvalued between 2817.94 and 5643.86, and Strongly Overvalued above 5643.86. The current Forward EV/EBITDA of 30.27 falls within the Historic Trend Line -Fairly Valued range.

42.92

EV/EBIT

Procore Technologies Inc. (PCOR) has a current EV/EBIT of 42.92. The 5-year average EV/EBIT is 34.60. The thresholds are as follows: Strongly Undervalued below -546.42, Undervalued between -546.42 and -255.91, Fairly Valued between 325.12 and -255.91, Overvalued between 325.12 and 615.63, and Strongly Overvalued above 615.63. The current Forward EV/EBIT of 42.92 falls within the Historic Trend Line -Fairly Valued range.

7.05

Procore Technologies Inc. (PCOR) has a current PS of 7.05. The 5-year average PS is 10.60. The thresholds are as follows: Strongly Undervalued below 1.58, Undervalued between 1.58 and 6.09, Fairly Valued between 15.10 and 6.09, Overvalued between 15.10 and 19.61, and Strongly Overvalued above 19.61. The current Forward PS of 7.05 falls within the Historic Trend Line -Fairly Valued range.

31.53

P/OCF

Procore Technologies Inc. (PCOR) has a current P/OCF of 31.53. The 5-year average P/OCF is 475.90. The thresholds are as follows: Strongly Undervalued below -2588.19, Undervalued between -2588.19 and -1056.15, Fairly Valued between 2007.94 and -1056.15, Overvalued between 2007.94 and 3539.98, and Strongly Overvalued above 3539.98. The current Forward P/OCF of 31.53 falls within the Historic Trend Line -Fairly Valued range.

42.54

P/FCF

Procore Technologies Inc. (PCOR) has a current P/FCF of 42.54. The 5-year average P/FCF is 205.80. The thresholds are as follows: Strongly Undervalued below -1822.68, Undervalued between -1822.68 and -808.44, Fairly Valued between 1220.04 and -808.44, Overvalued between 1220.04 and 2234.29, and Strongly Overvalued above 2234.29. The current Forward P/FCF of 42.54 falls within the Historic Trend Line -Fairly Valued range.

Procore Technologies Inc (PCOR) has a current Price-to-Book (P/B) ratio of 8.40. Compared to its 3-year average P/B ratio of 7.92 , the current P/B ratio is approximately 6.09% higher. Relative to its 5-year average P/B ratio of 7.54, the current P/B ratio is about 11.47% higher. Procore Technologies Inc (PCOR) has a Forward Free Cash Flow (FCF) yield of approximately 1.43%. Compared to its 3-year average FCF yield of 0.91%, the current FCF yield is approximately 58.08% lower. Relative to its 5-year average FCF yield of 0.69% , the current FCF yield is about 106.46% lower.

8.40

P/B

Median3y

7.92

Median5y

7.54

1.43

FCF Yield

Median3y

0.91

Median5y

0.69

Competitors Valuation Multiple

The average P/S ratio for PCOR's competitors is 5.15, providing a benchmark for relative valuation. Procore Technologies Inc Corp (PCOR) exhibits a P/S ratio of 7.05, which is 36.88% above the industry average. Given its robust revenue growth of 13.92%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

PCOR.N

Procore Technologies Inc

Paylocity Holding Corp

Performance Decomposition

Market capitalization of PCOR increased by 14.41% over the past 1 year. The primary factor behind the change was an decrease in Margin Expansion from -2.22 to -6.51.

The secondary factor is the Revenue Growth, contributed 13.92%to the performance.

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

13.92%

284.35M → 323.92M

Revenue Growth

193.24%

-2.22 → -6.51

Margin Expansion

-192.75%

76.81 → -71.24

P/E Change

14.41%