Stock Analysis on Net

Intuit Inc. (NASDAQ:INTU)

Common Stock Valuation Ratios (Price Multiples)

Microsoft Excel

Current Valuation Ratios

Intuit Inc., current price multiples

Microsoft Excel
Intuit Inc. Accenture PLC Adobe Inc. Cadence Design Systems Inc. CrowdStrike Holdings Inc. International Business Machines Corp. Microsoft Corp. Oracle Corp. Palantir Technologies Inc. Palo Alto Networks Inc. Salesforce Inc. ServiceNow Inc. Synopsys Inc. Workday Inc. Software & Services Information Technology
Selected Financial Data
Current share price (P) $620.91
No. shares of common stock outstanding 279,562,000
Growth rate (g) 12.16%
 
Earnings per share (EPS) $10.60
Next year expected EPS $11.89
Operating profit per share $12.98
Sales per share $58.25
Book value per share (BVPS) $65.95
Valuation Ratios (Price Multiples)
Price to earnings (P/E) 58.58 27.27 29.57 68.80 38.49 32.23 39.08 443.76 44.48 42.11 119.12 29.96 119.04 37.84 45.50
Price to next year expected earnings 52.23 23.15 22.36 54.30 38.22 25.32 13.27 534.98 52.01 40.17 106.33 26.03 119.01 31.21 36.33
Price-earnings-growth (PEG) 4.82 1.53 0.92 2.58 55.06 1.18 0.20 8.71 9.90 1.98 4,795.82 1.78 1.80
Price to operating profit (P/OP) 47.82 20.65 24.39 53.76 24.71 25.96 26.64 660.76 167.66 36.22 124.45 50.02 150.88 30.80 35.44
Price to sales (P/S) 10.66 3.05 7.65 15.65 23.29 3.69 11.59 7.72 71.58 14.28 6.89 15.45 11.07 7.41 9.35 9.43
Price to book value (P/BV) 9.42 7.00 11.66 15.54 28.08 8.49 10.58 46.99 40.99 22.18 4.27 17.67 7.54 6.93 10.80 13.37

Based on: 10-K (reporting date: 2024-07-31).

If the company price multiple is lower then the price multiple of benchmark then company stock is relatively undervalued.
Otherwise, if the company price multiple is higher then the price multiple of benchmark then company stock is relatively overvalued.


Historical Valuation Ratios (Summary)

Intuit Inc., historical price multiples

Microsoft Excel
Jul 31, 2024 Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020 Jul 31, 2019
Price to earnings (P/E) 58.94 64.61 57.31 75.17 49.52 48.17
Price to operating profit (P/OP) 48.11 49.04 46.05 62.00 41.56 40.45
Price to sales (P/S) 10.72 10.72 9.30 16.09 11.78 11.05
Price to book value (P/BV) 9.47 8.92 7.20 15.71 17.71 20.00

Based on: 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Intuit Inc. P/E ratio increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Intuit Inc. P/OP ratio increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Intuit Inc. P/S ratio increased from 2022 to 2023 and from 2023 to 2024.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Intuit Inc. P/BV ratio increased from 2022 to 2023 and from 2023 to 2024.

Price to Earnings (P/E)

Intuit Inc., historical P/E calculation, comparison to benchmarks

Microsoft Excel
Jul 31, 2024 Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020 Jul 31, 2019
No. shares of common stock outstanding1 280,292,000 280,259,493 281,869,879 273,091,929 261,807,204 260,073,642
Selected Financial Data (US$)
Net income (in millions) 2,963 2,384 2,066 2,062 1,826 1,557
Earnings per share (EPS)2 10.57 8.51 7.33 7.55 6.97 5.99
Share price1, 3 623.10 549.60 420.06 567.59 345.39 288.36
Valuation Ratio
P/E ratio4 58.94 64.61 57.31 75.17 49.52 48.17
Benchmarks
P/E Ratio, Competitors5
Accenture PLC 31.07 27.81 22.93 36.58 28.32 24.58
Adobe Inc. 31.98 49.64 33.15 48.90 41.69 57.17
Cadence Design Systems Inc. 67.09 78.64 59.70 53.88 62.89
CrowdStrike Holdings Inc. 892.67
International Business Machines Corp. 39.68 22.50 71.56 19.40 19.30
Microsoft Corp. 35.67 33.96 28.34 35.14 35.04 26.86
Oracle Corp. 37.63 38.96 26.85 15.84 16.69 16.89
Palantir Technologies Inc. 632.38 246.77
Palo Alto Networks Inc. 42.42 170.35
Salesforce Inc. 71.24 879.57 135.68 48.20 1,204.70
ServiceNow Inc. 146.40 90.80 284.28 487.70 978.47
Synopsys Inc. 33.69 70.08 51.76 73.37 55.92 39.55
Workday Inc. 50.53 1,957.29
P/E Ratio, Sector
Software & Services 41.52 39.90 34.39 37.41 38.26
P/E Ratio, Industry
Information Technology 44.83 35.97 26.85 29.54 31.13

Based on: 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31).

1 Data adjusted for splits and stock dividends.

2 2024 Calculation
EPS = Net income ÷ No. shares of common stock outstanding
= 2,963,000,000 ÷ 280,292,000 = 10.57

3 Closing price as at the filing date of Intuit Inc. Annual Report.

4 2024 Calculation
P/E ratio = Share price ÷ EPS
= 623.10 ÷ 10.57 = 58.94

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Intuit Inc. P/E ratio increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.

Price to Operating Profit (P/OP)

Intuit Inc., historical P/OP calculation, comparison to benchmarks

Microsoft Excel
Jul 31, 2024 Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020 Jul 31, 2019
No. shares of common stock outstanding1 280,292,000 280,259,493 281,869,879 273,091,929 261,807,204 260,073,642
Selected Financial Data (US$)
Operating income (in millions) 3,630 3,141 2,571 2,500 2,176 1,854
Operating profit per share2 12.95 11.21 9.12 9.15 8.31 7.13
Share price1, 3 623.10 549.60 420.06 567.59 345.39 288.36
Valuation Ratio
P/OP ratio4 48.11 49.04 46.05 62.00 41.56 40.45
Benchmarks
P/OP Ratio, Competitors5
Accenture PLC 23.52 21.69 16.83 28.35 22.21 18.63
Adobe Inc. 26.38 40.52 25.85 40.64 51.75 51.63
Cadence Design Systems Inc. 52.42 65.43 47.21 48.13 57.54
CrowdStrike Holdings Inc.
International Business Machines Corp. 25.48 17.99 14.35 16.23 15.90
Microsoft Corp. 28.73 27.76 24.72 30.79 29.30 24.54
Oracle Corp. 25.65 25.30 16.51 14.31 12.17 13.83
Palantir Technologies Inc. 941.61 431.61
Palo Alto Networks Inc. 159.88 193.40
Salesforce Inc. 58.80 177.62 357.52 431.39 511.08
ServiceNow Inc. 152.95 206.26 260.26 436.46 583.07
Synopsys Inc. 56.25 67.90 43.85 75.64 59.90 40.48
Workday Inc. 381.31
P/OP Ratio, Sector
Software & Services 33.80 31.96 27.26 33.58 31.75
P/OP Ratio, Industry
Information Technology 34.92 29.96 22.79 26.09 26.95

Based on: 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31).

1 Data adjusted for splits and stock dividends.

2 2024 Calculation
Operating profit per share = Operating income ÷ No. shares of common stock outstanding
= 3,630,000,000 ÷ 280,292,000 = 12.95

3 Closing price as at the filing date of Intuit Inc. Annual Report.

4 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 623.10 ÷ 12.95 = 48.11

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Intuit Inc. P/OP ratio increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.

Price to Sales (P/S)

Intuit Inc., historical P/S calculation, comparison to benchmarks

Microsoft Excel
Jul 31, 2024 Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020 Jul 31, 2019
No. shares of common stock outstanding1 280,292,000 280,259,493 281,869,879 273,091,929 261,807,204 260,073,642
Selected Financial Data (US$)
Net revenue (in millions) 16,285 14,368 12,726 9,633 7,679 6,784
Sales per share2 58.10 51.27 45.15 35.27 29.33 26.08
Share price1, 3 623.10 549.60 420.06 567.59 345.39 288.36
Valuation Ratio
P/S ratio4 10.72 10.72 9.30 16.09 11.78 11.05
Benchmarks
P/S Ratio, Competitors5
Accenture PLC 3.48 2.98 2.56 4.28 3.26 2.72
Adobe Inc. 8.27 13.88 8.95 14.94 17.04 15.11
Cadence Design Systems Inc. 15.26 20.02 14.23 12.55 13.85
CrowdStrike Holdings Inc. 26.10 12.81 30.15 48.70 22.79
International Business Machines Corp. 3.81 2.73 1.94 1.94 1.47
Microsoft Corp. 12.82 11.60 10.40 12.81 10.85 8.38
Oracle Corp. 7.44 6.63 4.25 5.38 4.33 4.74
Palantir Technologies Inc. 102.00 23.27 9.34 15.58 39.86
Palo Alto Networks Inc. 13.62 10.87 9.62 10.72 6.66 7.06
Salesforce Inc. 8.45 5.84 7.40 9.24 8.88
ServiceNow Inc. 18.99 17.52 12.75 19.02 25.66
Synopsys Inc. 12.45 14.75 10.03 13.22 10.08 6.27
Workday Inc. 9.61 7.71 11.19 13.95 10.65
P/S Ratio, Sector
Software & Services 10.26 8.75 7.46 9.46 7.67
P/S Ratio, Industry
Information Technology 9.29 7.33 6.02 6.97 6.11

Based on: 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31).

1 Data adjusted for splits and stock dividends.

2 2024 Calculation
Sales per share = Net revenue ÷ No. shares of common stock outstanding
= 16,285,000,000 ÷ 280,292,000 = 58.10

3 Closing price as at the filing date of Intuit Inc. Annual Report.

4 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 623.10 ÷ 58.10 = 10.72

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Intuit Inc. P/S ratio increased from 2022 to 2023 and from 2023 to 2024.

Price to Book Value (P/BV)

Intuit Inc., historical P/BV calculation, comparison to benchmarks

Microsoft Excel
Jul 31, 2024 Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020 Jul 31, 2019
No. shares of common stock outstanding1 280,292,000 280,259,493 281,869,879 273,091,929 261,807,204 260,073,642
Selected Financial Data (US$)
Stockholders’ equity (in millions) 18,436 17,269 16,441 9,869 5,106 3,749
Book value per share (BVPS)2 65.77 61.62 58.33 36.14 19.50 14.42
Share price1, 3 623.10 549.60 420.06 567.59 345.39 288.36
Valuation Ratio
P/BV ratio4 9.47 8.92 7.20 15.71 17.71 20.00
Benchmarks
P/BV Ratio, Competitors5
Accenture PLC 7.98 7.44 7.13 11.06 8.51 8.15
Adobe Inc. 12.61 16.31 11.22 15.94 16.53 16.03
Cadence Design Systems Inc. 15.15 24.05 18.46 13.68 14.90
CrowdStrike Holdings Inc. 34.61 19.61 42.67 48.91 14.78
International Business Machines Corp. 8.75 7.49 5.34 5.90 5.24
Microsoft Corp. 11.71 11.92 12.38 15.16 13.11 10.30
Oracle Corp. 45.25 308.71 41.57 14.01 8.59
Palantir Technologies Inc. 58.42 14.90 6.94 10.48 28.60
Palo Alto Networks Inc. 21.15 42.84 252.00 71.88 20.61 12.91
Salesforce Inc. 4.94 3.13 3.37 4.73 4.48
ServiceNow Inc. 21.71 20.60 18.36 30.36 40.91
Synopsys Inc. 8.48 14.02 9.24 10.50 7.57 5.16
Workday Inc. 8.63 8.58 12.68 18.38 15.54
P/BV Ratio, Sector
Software & Services 11.85 11.36 10.66 13.54 11.60
P/BV Ratio, Industry
Information Technology 13.17 11.47 10.47 12.50 11.10

Based on: 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31).

1 Data adjusted for splits and stock dividends.

2 2024 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 18,436,000,000 ÷ 280,292,000 = 65.77

3 Closing price as at the filing date of Intuit Inc. Annual Report.

4 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 623.10 ÷ 65.77 = 9.47

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Intuit Inc. P/BV ratio increased from 2022 to 2023 and from 2023 to 2024.