COUP

Coupa Software Inc

TMT


Presented:09/17/2021
Price:$244.55
Cap:$18.11B
Current Price:$80.97
Cap:$6.12B

Presented

Date09/17/2021
Price$244.55
Market Cap$18.11B
Ent Value$16.93B
P/E RatioN/A
Book Value$12.96
Div Yield0%
Shares O/S74.06M
Ave Daily Vol1,188,652
Short Int8.93%

Current

Price$80.97
Market Cap$6.12B
Coupa Software, Inc. engages in the provision of business spend management (BSM) solutions. Its products include invoice, expense, pay, spend analysis, strategic sourcing, contract management contingent workforce, and supplier management. The company was founded by Noah Eisner and Dave Stephens in 2006 and is headquartered in San Mateo, CA.

Publicly traded companies mentioned herein: BasWare Oyj (BAS1V FH), Bill.com Holdings Inc (BILL), Coupa Software Inc (COUP), SAP SE (SAP GR)

Highlights

The presenter is long shares of Coupa Software Inc (COUP), the provider of a cloud-based Business Spend Management platform, believing that billings growth will accelerate over the next few quarters and investors will adjust previous unrealistic expectations for Coupa Pay as the product expands into the mid-market customer base. He values the stock using a 4-year DCF, assuming a 2% normalized interest rate environment and 15x exit sales multiple, to arrive at a $330 per share target over the next 12 months. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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