PLAN

Anaplan Inc

TMT


Presented:06/24/2019
Price:$50.53
Cap:$6.53B
Current Price:$63.73
Cap:$9.59B

Presented

Date06/24/2019
Price$50.53
Market Cap$6.53B
Ent Value$4.55B
P/E RatioN/A
Book Value$2.34
Div Yield0%
Shares O/S129.16M
Ave Daily Vol2,257,412
Short Int3.22%

Current

Price$63.73
Market Cap$9.59B
Anaplan, Inc. engages in the provision of cloud-based connected planning platform that helps connect organizations and people to make better and faster decisions. It also offers professional services, including consulting, implementation, and training. The company was founded by Michael Gould, John David Guy Haddleton, and Sue Haddleton in 2006 and is headquartered in San Francisco, CA.

Publicly traded companies mentioned herein: Anaplan Inc (PLAN), Coca-Cola Co/The (KO), Gartner Inc (IT), Microsoft Corp (MSFT), Oracle Corporation (ORCL), Salesforce.com Inc (CRM), Workday Inc (WDAY)

Highlights

Anaplan’s (PLAN) cloud-based Connected Planning Platform could be “the next big SaaS platform” in the market. The presenter is long the stock and sees the market opportunity expanding as C-suites adopt digital solutions. The value of “Excel replacement” may be underappreciated by the market, and the combination of PLAN’s “land-and-expand” sales model and a ramp in salesforce productivity should help to accelerate revenue growth this year (Q1 ‘20 got off to a good start with 57% billings growth y/y). If the presenter’s estimates are accurate, the company could grow at a 35% CAGR through 2025 (generating more than $2B in annual revenue by then). Nearer-term, a 15x multiple to [his] forward sales estimate seems reasonable, which implies a $64 target within 12 months (30% upside).

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Idea Discussion

Commentor 1 - 2 weeks ago

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