Using a Revenue DCF model with operating margin convergence from -3.4% to a target of 10.0% over 5 years, discounted at a WACC of 9.0%, CrowdStrike Holdings, Inc. (CRWD) has an intrinsic value of $22.88 per share (range: $0.24 – $96.63).
Using a Revenue DCF model with operating margin convergence from -3.4% to a target of 10.0% over 5 years, discounted at a WACC of 9.0%, CrowdStrike Holdings, Inc. (CRWD) has an intrinsic value of $12.07 per share (range: $8.58 – $45.77).
Using the industry peer median EV/Revenue multiple (trailing + forward), CrowdStrike Holdings, Inc. (CRWD) has a fair value of $234.58 based on 10 comparable companies in the Software - Infrastructure industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| CrowdStrike Holdings, Inc.CRWD | 140,987 | 28.4x | 23.1x |
| KLA Corporation | 202,352 | 17.0x | 15.4x |
| Texas Instruments Incorporated | 181,565 | 11.0x | 9.9x |
| Analog Devices, Inc. | 159,819 | 15.1x | 17.7x |
| Accenture plc | 122,441 | 1.7x | 1.6x |
| Palo Alto Networks, Inc. | 110,371 | 11.8x | 9.6x |
| Adobe Inc. | 99,608 | 4.2x | 3.9x |
| Synopsys, Inc. | 76,064 | 12.4x | 12.4x |
| Cloudflare, Inc. | 74,493 | 35.6x | 27.7x |
| Fortinet, Inc. | 61,195 | 8.8x | 7.9x |
| CoreWeave, Inc. Class A Common Stock | 42,549 | 10.5x | 4.3x |
| Industry Median | 11.4x | 9.8x | |
| (*) Revenue | 4,812 | 5,904 | |
| = Enterprise Value | 54,654 | 57,630 | |
| (-) Net Debt | -4,410 | -4,410 | |
| Equity Value | 59,065 | 62,040 | |
| (/) Outstanding shares | 258 | 258 | |
| Fair Price | $229 | $240 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.