DROPBOX, INC. (DBX)
Services-Prepackaged Software
Latest Price
$35.05
TTM P/E
19.22
Normalized P/E
23.06
Div Yield
--
Book Value
--
P/B Ratio
--
Valuation metrics
adjust assumptions →Norm. op. income: $274M (median of 7yr)
Tax rate: 18%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$11.55
67% downside
Base FCF: $764M (median of recent 5yr)
Growth: 11%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$79.62
+127% upside
EPS: $1.86
Target P/E: 23×
Formula: EPS × P/E
P/E Fair Value
$42.78
+22% upside
Institutional Ownership
78.6% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 18.45M | $506.0M | 8.21% | -2.39M | 2026-06-30 |
| LSV ASSET MANAGEMENT | 11.52M | $316.0M | 5.12% | -165.1K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 10.58M | $290.0M | 4.71% | -1.65M | 2026-06-30 |
| UBS Group AG | 9.63M | $264.0M | 4.29% | -142.7K | 2026-06-30 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 7.84M | $215.0M | 3.49% | -693.7K | 2026-06-30 |
| RENAISSANCE TECHNOLOGIES LLC | 7.21M | $198.0M | 3.21% | -507.4K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 6.54M | $179.0M | 2.91% | -460.0K | 2026-06-30 |
| MORGAN STANLEY | 5.52M | $151.0M | 2.45% | -733.9K | 2026-06-30 |
| STATE STREET CORP | 5.34M | $146.0M | 2.38% | -424.2K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 4.68M | $128.0M | 2.08% | +144.4K | 2026-06-30 |