Salesforce Inc (CRM US)
CRM US$214.94
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Performance
Share price activity
- Last (Price)
- 214.94
- Change
- ▲ 1.29 (0.60)
- Bid / Ask
- 0.00 - 0.00
- Volume
- 2,107,447
- Turnover
- 402,672,813
- Open
- 213.97
- Day Range
- 213.82 - 217.33
- VWAP
- 214.93
- Prev Close
- 213.65
- Last Trade
- 09/11 7:00pm
Key information
- Sector
- Technology
- Shares Issued
- 823,000,000
- NTA/Share
- -6.04
- Last Dividend
- 0.44
- Dividend Ex Date
- 17 SEP 2026
- Dividend Pay Date
- 8 OCT 2026
Current (USD) · FY2026
- Revenue
- 41,525.00
- EBITDA
- 12,936.00
- Profit
- 7,457.00
- Earnings Per Share (EPS)
- 7.80
- Dividend Per Share (DPS)
- 1.66
- Yield %
- 0.76
- Market Cap
- 176,895.62
- Price to Earnings Ratio (P/E)
- 19.68
Estimates (USD) · FY2028
- Revenue
- 50,868.80
- EBITDA
- 17,986.00
- Profit
- 13,266.10
- Earnings Per Share (EPS)
- 15.85
- Dividend Per Share (DPS)
- 1.74
Quantitative rating
Undervalued
- Economic Moat
- Narrow
- Financial Health
- Moderate
- Uncertainty
- Low
Morningstar Quantitative Rating as of 4 NOV 2026.
Quantitative Equity Rating Methodology – view here
Fair value estimate
Five-star price 234.19 Fair value 256.33 One-star price 280.58
Morningstar Quantitative Rating as of 4 NOV 2026.
Quantitative valuation
- Fair Value
- 256.33
- Price / Fair Value
- 0.89
- Valuation
- Undervalued
- Uncertainty
- Low
Morningstar Quantitative Rating as of 4 NOV 2026. The slider runs from the five-star price (234.19) to the one-star price (280.58).
| Ratios |
|---|
| Currency (Price/reporting): USD/USD |
| Exchange Rate: 1.0000 |
| Price - closing or last bid | 222.20 |
| Price - 12 month high | 269.01 |
| Price - 12 month low | 147.60 |
| Pricing date | 3 NOV 2026 |
| Volume - avg. trading volume for the last ten days | 7.12 |
| Market capitalization | 186,911.53 |
| 12 Month High price date | 29 DEC 2025 |
| 12 Month Low price date | 22 JUN 2026 |
| Volume - avg. trading volume for the last 3 months | 11.78 |
| Price - 1 Day % Change | -1.76% |
| Price - 13 week price percent change | 19.49% |
| Price - 26 week price percent change | 20.88% |
| Price - 5 Day % Change | -7.76% |
| Price - 52 week price percent change | -14.98% |
| Price - YTD price percent change | -16.44% |
| Price % Change Month To Date | -5.32% |
| EPS excluding extraordinary items - most recent fiscal year | 7.800 |
| EPS excluding extraordinary items - trailing 12 month | 10.930 |
| EPS Normalized - most recent fiscal year | 12.520 |
| Revenue/share - most recent fiscal year | 43.436 |
| Revenue/share - trailing 12 month | 49.065 |
| Book value per share - most recent fiscal year | 63.662 |
| Book value per share - most recent quarter | 46.632 |
| Book value (tangible) per share - most recent fiscal year | -6.043 |
| Book value (tangible) per share - most recent quarter | -32.824 |
| Cash per share - most recent fiscal year | 7.887 |
| Cash per share - most recent quarter | 10.097 |
| Cash Flow per share - most recent fiscal year | 16.503 |
| Cash Flow per share - trailing 12 month | 17.069 |
| Dividend per share - most recent fiscal year | 1.664 |
| Dividends per share - trailing 12 month | 1.736 |
| EBITD per share - trailing 12 month | 18.858 |
| EPS Basic excluding extraordinary items - most recent fiscal year | 7.850 |
| EPS Basic excluding extraordinary items - trailing 12 month | 10.950 |
| EPS including extraordinary items - most recent fiscal year | 7.850 |
| EPS including extraordinary items - trailing 12 month | 10.950 |
| Free Cash Flow per share - trailing 12 month | 16.403 |
| P/E excluding extraordinary items, most recent fiscal year | 20.78 |
| P/E Normalized, most recent fiscal year | 13.53 |
| Price to sales - most recent fiscal year | 4.63 |
| Price to Tangible Book - most fiscal year | — |
| Price to Free Cash Flow per Share - most recent fiscal year | 13.85 |
| Price to Cash Flow per share - trailing 12 month | 13.31 |
| Price to Book - most recent fiscal year | 4.87 |
| P/E excluding extraordinary items high, trailing 12 months | 36.67 |
| P/E excluding extraordinary items low, trailing 12 months | 17.38 |
| Net Debt, LFI | 30,340.00 |
| Net Debt, LFY | 7,611.00 |
| Dividend Yield - 5 Year Average | — |
| Dividend Yield - indicated annual dividend divided by closing price | 0.77% |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 0.76% |
| Free Cash Flow - most recent fiscal year | 15,183.00 |
| LT debt/equity - most recent fiscal year | 21.35% |
| Payout ratio - most recent fiscal year | 21.33% |
| Total debt/total equity - most recent fiscal year | 29.04% |
| LT debt/equity - most recent quarter | 107.38% |
| Total debt/total equity - most recent quarter | 108.77% |
| Free Cash Flow - trailing 12 month | 14,689.00 |
| Payout ratio - trailing 12 month | 15.66% |
| Revenue - most recent fiscal year | 41,525.00 |
| Revenue - trailing 12 month | 43,938.00 |
| EBITD - most recent fiscal year | 12,936.00 |
| EBITD - trailing 12 month | 16,887.00 |
| Earnings before taxes - most recent fiscal year | 9,520.00 |
| Earnings before taxes - trailing 12 month | 12,413.00 |
| Net Income available to common - most recent fiscal year | 7,457.00 |
| Net Income available to common - trailing 12 months | 9,662.00 |
| Earnings before taxes Normalized - most recent fiscal year | 11,628.00 |
| Net Income Available to Common, Normalized - most recent fiscal year | 11,969.00 |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 16.79 |
| Net Profit Margin % - 1st historical fiscal year | 17.96% |
| Net Profit Margin % - trailing 12 month | 21.99% |
| Operating margin - 1st historical fiscal year | 21.47% |
| Operating margin - trailing 12 month | 21.52% |
| Pretax margin - trailing 12 month | 28.25% |
| Pretax margin - 1st historical fiscal year | 22.93% |
| Operating Margin - 5 year average | 13.38% |
| Pretax Margin - 5 year average | 12.93% |
| Free Operating Cash Flow/Revenue, 5 Year Average | 32.76% |
| Free Operating Cash Flow/Revenue, TTM | 33.43% |
| Net Profit Margin - 5 year average | 10.46% |
| Return on average assets - most recent fiscal year | 7.36% |
| Return on average assets - trailing 12 month | 9.27% |
| Return on average equity - most recent fiscal year | 12.33% |
| Return on average equity - trailing 12 month | 19.09% |
| Return on average assets - 5 year average | 4.27% |
| Return on average equity - 5 year average | 7.20% |
| Net Income/employee - most recent fiscal year | 89,483.28 |
| Revenue/employee - most recent fiscal year | 498,296.01 |
| Revenue growth rate, 5 year | 14.34% |
| EPS growth rate, 5 year | 12.23% |
| Growth rate% - dividend, 3 year | — |
| Revenue/share (5 yr growth) | 13.71% |
| Growth rate% - Revenue, 3 year | 9.82% |
| Growth rate% - EPS, 3 year | 233.65% |
| Book value per share growth rate, 5 year | 7.11% |
| Capital Spending growth rate, 5 year | -3.50% |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | 18.58% |
Financial forecast (USD, millions except per share)
| Actuals | Estimates | |||||||
| 2026 | 2027 | 2028 | 2029 | 2030 | ||||
| Estimate breakdown | ||||||||
Financials (USD, millions)
| Period end: | JAN 22 | JAN 23 | JAN 24 | JAN 25 | JAN 26 |
| Fiscal year: | 2022 | 2023 | 2024 | 2025 | 2026 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
Announcements
Announcements are available for ASX-listed companies only.
Opinion
Salesforce Inc (NYSE: CRM) $US200.84
Salesforce (CRM US) has been caught in the aggressive software de-rating, with the stock falling from above US$350 in late 2024 to around US$200 today. That is a significant reset for a business that still has strong recurring revenue, high margins, substantial free cash flow and a net cash balance sheet.
Salesforce (CRM US) $US264.47
Once a high-flying tech stock priced for very strong and ongoing growth underpinned by AI adoption, Salesforce has experienced a tough 2025 to date, declining from $US370 in December 2024 to a recent low below $US240.
Sales Force (CRM US) $US361.77
Overnight Salesforce (CRM US) surged to new highs after the AI boom fuelled strong earnings growth. The company’s revenue grew 8% YoY during the fiscal quarter while net income was up 25% to $US1.5bn.
How is the venture capitalist community thinking about technology?
We read an interesting piece of research published by UBS this week following their 2-day VC conference where a bunch of well-regarded firms discuss emerging enterprise technology trends, the companies that these VC firms have invested in and the impacts these trends may have on publicly traded software stocks.
Action
MM is bullish towards CRM around US$250
MM is now bullish CRM ~$US200
MM is bullish on CRM US ~$US264
MM is bullish towards Salesforce
Business Summary
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloudas an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.