Obermatt

Salesforce

NYQ:CRM · US79466L3024
SoftwareXX-Large

360

73
EV / EBIT79
Price / Owner Earnings71
Owner Earnings Yield85
Dividend Yield95
Price/Sales31
EV / Gross Profit75
Price/Book53
Return on Capital51
Cash Return on Capital65
Return on Equity59
EBIT Margin55
Gross Profitability39
Cash Conversion59
Accruals26
Owner Earnings Margin82
Sales growth46
Profit Growth98
Long-Term EPS Growth58
Owner Earnings Growth69
Reinvestment51
Price momentum49
Debt load29
Refinancing26
Debt Payback21
Liquidity89
Analyst ratings69
Opinion Changes24
Price Target Upside70
Market mood61
Value Creation18/20strong value creator
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Salesforce generates returns well above its cost of capital, the foundation of durable shareholder value.

Profile

CountryUSA
IndustrySoftware
SizeXX-Large
TypePublic Company
ExchangeNYSE
Founded1999
Employees80,285
ISINUS79466L3024
Last UpdateApr 2, 2026
Themes
Salesforce AutomationProcess AutomationChatbotMachine LearningGenAICustomer Relationship ManagementArtificial IntelligenceAgentic AIPredictive AnalyticsText AnalyticsAI ObservabilitySoftware DevelopmentB2BCommunitiesEducationHuman ResourcesInternet

Description

Salesforce, Inc. (Salesforce) is a global leader in customer relationship management (‘CRM’) technology, helping organizations of any size become agentic enterprises. The company brings humans, agents, applications, and data together on a trusted, u…

Analysis

Bargain bin

Salesforce, Inc. is priced cheaply, and that invites the natural question of why, since the underlying business scores below average.

On valuation, the picture is attractive. The owner-earnings multiple stands at 12.4×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -0% a year, against analyst forecasts of 16%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is adequate. The company scores 18/20 on our value-creation score: strong value creator.

Flags to be aware of: The financial cushion is thinner than comfortable. A large part of the company's book value is the price paid for past acquisitions. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
98
2023202420252026

All-time high

100

Mar 2026

All-time low

55

Jun 2023

Average rank

92

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
31
37
47
41
Price/Earnings
56
54
61
39
Price/Book
53
60
72
72
Dividend Yield
95
98
78
1
Value (overall)
83
86
74
48

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare Salesforce with its peers
Workday
NSQ:WDAY
82
CountryUSA
IndustrySoftware
SizeX-Large
Full Stock Analysis →
Five9
NMQ:FIVN
85
CountryUSA
IndustrySoftware
SizeMedium
Full Stock Analysis →
ServiceNow
NYQ:NOW
90
CountryUSA
IndustrySoftware
SizeX-Large
Full Stock Analysis →
Gaia
NMQ:GAIA
71
CountryUSA
IndustryEntertainment
SizeSmall
Full Stock Analysis →
Moody's
NYQ:MCO
9
CountryUSA
IndustryCapital Markets
SizeX-Large
Full Stock Analysis →
AvePoint
NSQ:AVPT
64
CountryUSA
IndustrySoftware
SizeMedium
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →