Box Inc, the enterprise storage and cloud computing company is undervalued, according to Wolfteam Ltd.'s projections and estimates.
Box Inc is part of the Infrastructure as a Service market which has around 400 billion USD in revenue and is part of the larger cloud computing market Software as a Service, which clocked in 700 billion USDs of revenue in 2023.
Box Inc is profitable in 2023 with net profit margin of 2.70 % and revenue has grown with 7 % on average for the last five years, all be it only 4.73 % revenue growth in 2023 calendar year on year.
Box Inc escaped cloud computing commoditization by being active predominantly in the enterprise market and has profitable customers.
Box Inc's intrinsic value is 8 billion, compared to its current market capitalization of 3.65 billion USD, in Wolfteam Ltd.'s view.
No comments:
Post a Comment