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Barchart
Mark R. Hake, CFA

Salesforce Generates Strong Free Cash Flow - CRM Could Be 23% Too Cheap

Salesforce, Inc. (CRM) generated free cash flow (FCF) that was 22% higher YoY in its fiscal Q3 ending Oct. 31. Its FCF margins for the latest quarter, and trailing 12 months (TTM) increased as well. This implies that CRM stock could be 23% too cheap. 

CRM is trading at $261.08 in midday trading on Friday, Dec. 5, but it could be worth $321 per share over the next year. This is based on its strong 32% TTM FCF margin. This article will show how this works.

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