Box Stock Fair Value Calculator – BOX Reports 6.3% YoY Increase in Revenue with USD 261.4 Million for Q2 2023
September 1, 2023
☀️Earnings Overview
BOX ($NYSE:BOX) announced USD 261.4 million in total revenue for their second quarter of the financial year ending July 31 2023 on August 29 2023, a 6.3% rise compared to the same period in the previous year. Additionally, the company’s net income improved drastically from USD 1.0 million last year to USD 10.8 million this year.
Analysis – Box Stock Fair Value Calculator
GoodWhale recently conducted an analysis of the wellbeing of BOX and determined that its intrinsic value is around $29.2. This finding was calculated by GoodWhale’s proprietary Valuation Line. Currently, BOX stock is being traded at $30.8, meaning that it is slightly overvalued by 5.3%. This raises the question of whether or not it’s a good time to invest in BOX. For investors looking to maximize their returns, it is advisable to wait for a correction in the stock price before investing in BOX. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Box. More…
| Total Revenues | Net Income | Net Margin |
| 1.02k | 30.15 | 4.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Box. More…
| Operations | Investing | Financing |
| 319.52 | -23.69 | -245.71 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Box. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.07k | 1.11k | -0.32 |
Key Ratios Snapshot
Some of the financial key ratios for Box are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.5% | – | 5.0% |
| FCF Margin | ROE | ROA |
| 29.3% | -94.9% | 3.0% |
Peers
The company offers two products: Box for Business, a subscription-based service for businesses, and Box for Individuals, a free service for personal use. Box has over 50 million users and is used by over 90,000 businesses, including 85% of the Fortune 500. Box’s main competitors are Sovereign Cloud Holdings Ltd, Dropbox Inc, OVH Groupe.
– Sovereign Cloud Holdings Ltd ($ASX:SOV)
Sovereign Cloud Holdings Ltd is a holding company that provides cloud-based software and services. It has a market cap of 25.46M as of 2022 and a Return on Equity of -23.08%. The company offers a range of products and services, including cloud-based storage, computing, and networking services. It also provides consulting and support services to help businesses migrate to the cloud.
– Dropbox Inc ($NASDAQ:DBX)
Dropbox Inc is a cloud storage and file synchronization company. It has a market cap of 8.55B as of 2022 and a Return on Equity of -39.64%. The company was founded in 2007 by Drew Houston and Arash Ferdowsi and has headquarters in San Francisco, California.
– OVH Groupe ($BER:7U7)
OVH Groupe is a French multinational cloud computing company founded in 1999. It has a market cap of 2.54B as of 2022 and a Return on Equity of -21.8%. The company provides various cloud computing services, including public and private cloud, dedicated servers, and storage. It also offers a wide range of other services, such as web hosting, domain names, and e-commerce.
Summary
BOX reported strong financial results for the second quarter of their financial year ending July 31 2023. Total revenue was up by 6.3%, reaching USD 261.4 million. Net income was also up significantly from last year, increasing to USD 10.8 million. This is encouraging news for investors, a sign that BOX is well-positioned to continue to grow and be a profitable investment.
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