Smartsheet Grows 13.5% CAGR, with 90% of Fortune 500 Companies Utilizing Platform
January 16, 2023
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Smartsheet Inc Intrinsic Value – Smartsheet Inc ($NYSE:SMAR). is a software company that specializes in work management and task automation. The platform provides a comprehensive suite of tools that enable users to effectively collaborate on projects and tasks in real-time. The task management software market is projected to experience considerable growth in the coming years, with a forecast CAGR of 13.5%. This is due to the need for businesses to effectively manage their resources and stay competitive in today’s market. With more than 90% of Fortune 500 companies utilizing Smartsheet’s platform, it has become the go-to solution for organizations looking for efficient project management solutions. Smartsheet Inc. has experienced notable success since its founding, with a steady growth in customers and revenue year over year.
The company’s platform has enabled organizations to streamline their workflows, automate processes and maximize productivity. Furthermore, Smartsheet provides an intuitive user interface that allows users to quickly get up to speed and start using the platform without any prior training. In addition to providing a comprehensive suite of tools, Smartsheet also offers customers an array of support services, such as training and consulting. This ensures customers have the necessary resources to get the most out of their investment in the platform. With its modern architecture, scalability and rich feature set, Smartsheet is well-positioned to continue to grow its customer base and revenue in the coming years.
Stock Price
Smartsheet Inc. has seen immense growth over the past several years, with a 13.5% compound annual growth rate (CAGR) and 90% of Fortune 500 companies utilizing its platform. The media coverage of Smartsheet Inc. has been largely positive, as reflected in the stock market response on Monday. The stock opened at $37.0 and closed at $37.2, up 2.1% from the prior closing price of $36.5. The platform Smartsheet Inc. provides is a cloud-based software platform, which allows users to collaborate on projects and tasks. It was designed to help streamline collaboration and help users and businesses stay organized on projects. It also offers templates, automation, and reporting features which allow users to customize the platform to meet their needs.
Additionally, the platform provides advanced security features to protect sensitive data. The success of Smartsheet Inc. has been attributed to its innovative platform, which has become a must-have for businesses of all sizes. Its platform helps bridge the gap between different platforms and products, providing businesses with an all-in-one solution for collaboration and project management. Additionally, its customer support is highly rated and its user base is constantly expanding – making it a popular choice for businesses. Overall, Smartsheet Inc. has seen remarkable success since its inception. Its stock market performance on Monday is reflective of the positive media coverage it has received, with investors continuing to believe in the company’s potential and growth prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Smartsheet Inc. More…
| Total Revenues | Net Income | Net Margin |
| 711.96 | -226.05 | -31.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Smartsheet Inc. More…
| Operations | Investing | Financing |
| 3.24 | -272.06 | 24.49 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Smartsheet Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.01k | 541.85 | 3.61 |
Key Ratios Snapshot
Some of the financial key ratios for Smartsheet Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 42.8% | – | -32.2% |
| FCF Margin | ROE | ROA |
| -1.3% | -30.3% | -14.1% |
VI Analysis – Smartsheet Inc Intrinsic Value Calculator
The VI app makes it easy to analyze the company’s performance and potential. According to the analysis, the intrinsic value of each SMARTSHEET INC share is around $80.6. However, at the moment the stock is trading at only $37.2 which means it is currently undervalued by 54%. This presents an opportunity for investors to purchase the stock for less than its true value. Investors who are looking to buy into SMARTSHEET INC should consider the potential upside from buying undervalued stocks. They should also look at the company’s fundamentals, such as its financials, growth prospects, and management team. Additionally, investors should research any news or developments related to the company that could impact its stock price. Overall, SMARTSHEET INC is a company with strong potential and is currently trading at a discount. This makes it an attractive option for investors who are looking for an opportunity to buy in at a lower price. By doing their due diligence and researching the company’s fundamentals, investors can make informed decisions about whether or not SMARTSHEET INC is right for them. More…
VI Peers
There is fierce competition among Smartsheet Inc, Asana Inc, Monday.Com Ltd, and Microsoft Corp in the productivity software market. All four companies offer similar products and services that cater to businesses of all sizes.
However, each company has its own unique selling points that give it an edge over its competitors.
– Asana Inc ($NYSE:ASAN)
Asana is a work management platform that helps teams organize, track, and manage their work. It has a market cap of 3.98B as of 2022 and a Return on Equity of -184.09%. Asana was founded in 2008 by Justin Rosenstein and Dustin Moskovitz, and is headquartered in San Francisco, California.
– Monday.Com Ltd ($NASDAQ:MNDY)
Monday.com Ltd has a market cap of $4.38B as of 2022. The company has a Return on Equity of -16.76%. Monday.com is a software company that provides a platform for team collaboration and management. The company’s software enables users to manage tasks, projects, and processes in a single platform. Monday.com’s platform is used by organizations of all sizes, including Fortune 500 companies, small businesses, and startups.
– Microsoft Corp ($NASDAQ:MSFT)
Microsoft Corporation is an American multinational technology company with a market capitalization of $1.76 trillion as of April 2022 and a return on equity of 45.3%. The company develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers.
Summary
Smartsheet Inc. has been growing rapidly in recent years, with a 13.5% CAGR and 90% of Fortune 500 companies currently utilizing their platform. The company has been receiving positive media attention, making it an intriguing investment opportunity. Analysts point to the company’s continuing success in offering streamlined services for businesses, and its strong customer base as reasons for the potential for growth.
It is important for investors to consider the risks involved with investing in such a rapidly growing company, including the potential for overextension and competition from other companies offering similar services. Nevertheless, Smartsheet Inc. remains an attractive opportunity for investors looking for potential returns in the near future.
