MSFT - With More Automatizations Asana Could Be Worth $135
- With 93,000 paying organizations and founded in 2008, Asana offers a work management platform that helps teams organize daily operations.
- In my view, if the company can successfully come with more integrations, more functional workflows, IT security, and automation, sales growth would increase.
- I believe that Asana’s sales growth is quite significant because of the company’s automation features and the integrations with Microsoft apps such as Teams and Outlook.
- Under beneficial assumptions, the fair price is somewhere between $111 and $135. Take into account that I used conservative assumptions like an exit multiple of 40x-45x and FCF/Sales close to 25%-30%.
- The company is a buy at its current price mark of $106-$115.
For further details see:
With More Automatizations, Asana Could Be Worth $135