SMAR

Smartsheet Inc - Ordinary Shares - Class A

TMT, Software


Presented:02/02/2024
Price:$45.09
Cap:$6.14B
Current Price:$56.00
Cap:$7.79B

Presented

Date02/02/2024
Price$45.09
Market Cap$6.14B
Ent Value$4.83B
P/E RatioN/A
Book Value$4.11
Div Yield0%
Shares O/S136.26M
Ave Daily Vol1,274,051
Short Int2.37%

Current

Price$56.00
Market Cap$7.79B
Smartsheet, Inc. engages in the design and development of a cloud-based platform for work management. It offers ways for customers to plan and manage their work using tables, plans, projects, cards, Gantt charts, and calendars, and users can easily toggle between views to support their team's preferred way of working. The company was founded by W. Eric Browne, Maria Colacurcio, John D. Creason, and Brent R. Frei in 2005 and is headquartered in Bellevue, WA.

Publicly traded companies mentioned herein: Smartsheet Inc (SMAR), Starbucks Corp (SBUX), SAP SE (SAP), Uber Technologies Inc (UBER), ServiceNow Inc (NOW)

Highlights

The presenter is long shares of Smartsheet Inc (SMAR) and sees a path to double revenues and quadruple profits over the next four years as the company displaces traditional work methods like email, Excel and Powerpoint. His thesis hinges on the monetization of its large free user base through improvement to the paid conversion rate. The introduction of new product capabilities with artificial intelligence should drive upsells to higher-priced tiers and premium add-ons.

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Idea Discussion

Commentor 1 - 2 weeks ago

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