STOCKROUTINES

Squarespace, Inc.

Last Updated
Share Price
$20.6
Market Cap
$2.88B
Dividend Yield
0.01%
EPS
$-2.6
P/E
N/A

Squarespace, Inc. operates platform for businesses and independent creators to build online presence, grow their brands, and manage their businesses across the internet. Its suite of integrated products enables users to manage their projects and businesses through websites, domains, e-commerce, marketing tools, and scheduling, as well as tools for managing a social media presence. It serves small and medium-sized businesses, and independent creators, such as restaurants, photographers, wedding planners, artists, musicians, and bloggers. Squarespace, Inc. was founded in 2003 and is headquartered in New York, New York.

0%
Income
  • Revenue $784.04M
  • Gross Profit $657.41M
  • Net Income $-249.15M
  • Gross Margin 83.85%
  • Net Margin -31.78%
Cash Flow
  • Free Cash Flow (FCF) $112.14M
  • Free Cash Flow To Equity (FCFE) $98.55M
  • Dividends Paid $-367K
  • Debt Repayment $-13.59M
  • Net Stock Repurchased $-304.41M
Balance Sheet
  • Shareholder Equity $-13.48M
  • Debt To Equity (D/E) -6773.71%
  • Book Value $-13.48M
  • Book Value Per Share (BVPS) $0
  • Return On Invested Capital (ROIC) -75.58%
The financial metrics for Squarespace, Inc. presented below are for the financial year 2021.
P/E -16.11 Price To Earnings Ratio
P/S 5.12 Price To Sales Ratio
P/B -297.82 Price To Book Ratio
P/CF 32.59 Price To Operating Cash Flow Ratio
P/FCF 35.8 Price To Free Cash Flow Ratio
P/FCFE 40.73 Price To Levered Free Cash Flow Ratio
P/EBT -16.36 Price To Pre-Tax Income
PEG -0.3 Trailing Price/Earnings To Growth Ratio
EV/Sales 5.53 Enterprise Value To Sales Ratio
EBIT/EV -0.05 EBIT To Enterprise Value Ratio
EV/EBITDA -21.52 Enterprise Value to EBITDA Ratio
D/E -67.74 Debt To Equity Ratio
ROE 73.53% Return On Equity
ROIC -75.58% Return On Invested Capital
DPR -0.15% Dividend Payout Ratio
Current Ratio 0.93 Current Liquidity Ratio
EPS Growth 53.56% Earnings Per Share Growth Rate
Graham Number N/A Benjamin Graham's Number
Piotroski Score N/A Piotroski F-Score
Beta N/A Beta Coefficient Value
    2021 2020 2019
Revenue $784.04M$621.15M$484.75M
Cost of Revenue $126.63M$98.34M$81.91M
Gross Profit $657.41M$522.81M$402.84M
Gross Profit Margin 83.85%84.17%83.1%
Operating Expenses $898.28M$482.59M$341.5M
Research & Development Expenses (R&D) $190.37M$167.91M$107.64M
Selling, General & Administrative Expenses (SG&A) $707.91M$314.69M$233.86M
Other Expenses $0$0$0
Net Income $-249.15M$30.59M$58.15M
Net Profit Margin -31.78%4.92%12%
Operating Income $-240.87M$40.22M$61.34M
Other Income & Expenses (Net) $-4.45M$-17.72M$2.73M
Depreciation & Amortization $32.72M$21.7M$18.31M
Interest Income $0$0$0
Interest Expense $11.08M$10.04M$1.08M
Income Tax Expense $3.83M$-8.09M$5.92M
Effective Tax Rate 0%-35.95%9.24%
EBITDA $-201.52M$54.24M$83.46M
EBIT $-234.24M$32.54M$65.16M
EBT N/AN/AN/A
Shares Outstanding 136.08M136.08M136.08M
Diluted Shares Outstanding 136.08M136.08M136.08M
EPS $-2.6$0.22$0.43
Diluted EPS $-2.6$0.22$0.43
    2021 2020 2019
Operating Cash Flow $123.16M$150.03M$102.33M
Net Income $-249.15M$30.59M$58.15M
Depreciation & Amortization $32.72M$21.7M$18.31M
Deferred Income Tax $3.2M$-4.85M$-4.02M
Stock-Based Compensation $307.92M$31.25M$17.98M
Change In Working Capital $27.29M$68.9M$12.22M
Other Non-Cash Items $1.18M$2.44M$-310K
Cash From Investing $-207.73M$34.26M$-75.32M
Purchases Of Investments $-28.69M$-109.97M$-145.85M
Sales / Maturities of Investments $34.16M$148.76M$174.58M
Property, Plant & Equipment Investments $-11.02M$-4.71M$-8.22M
Net Acquisitions $-202.17M$0$0
Other Investing Activites $0$178K$-95.84M
Cash From Financing $260.71M$-170.71M$-45.83M
Debt Repayment $-13.59M$-6.56M$-556K
Dividend Payments $-367K$-327.75M$0
Payout Ratio -0.15%1071.48%0%
Net Common Stock Repurchased $-304.41M$20.16M$47.8M
Common Stock Repurchased $0$-20.16M$-47.8M
Common Stock Issued $-304.41M$20.16M$47.8M
Other Financing Activites $-29.74M$183.76M$2.53M
Accounts Receivables $0$-2.94M$-133K
Accounts Payables $14.53M$0$0
Inventory $0$0$0
Other Working Capital $36.74M$36.06M$29.28M
Capital Expenditure (CAPEX) $-11.02M$-4.71M$-8.22M
Effect Of Foreign Exchange On Cash $-351K$659K$-171K
Net Change In Cash $175.79M$14.24M$-18.99M
Free Cash Flow (FCF) $112.14M$145.32M$94.12M
Free Cash Flow To Equity (FCFE) $98.55M$138.75M$93.56M
    2021 2020 2019
Total Assets $899.55M$306.77M$336.73M
Total Current Assets $342.03M$140.25M$161.75M
Cash & Short-Term Investments $234.7M$95.35M$120.43M
Cash & Cash Equivalents $203.25M$57.89M$43.65M
Short-Term Investments $31.46M$37.46M$76.78M
Net Receivables $14.98M$7.52M$4.57M
Inventory $0$0$0
Other Current Assets $92.35M$37.38M$36.74M
Total Non-Current Assets $557.52M$166.51M$174.98M
Property, Plant & Equipment (PP&E) $52.84M$49.25M$60.14M
Goodwill & Intangible Assets $495.74M$102.04M$109.36M
Goodwill $435.6M$83.17M$83.17M
Intangible Assets $60.14M$18.87M$26.18M
Long-Term Investments $0$0$0
Other Non-Current Assets $8.94M$7.45M$2.59M
Other Assets $0$0$0
Total Liabilities $913.03M$970.97M$713.82M
Total Current Liabilities $367.21M$288.71M$223.71M
Accounts Payables $26.53M$16.76M$3.2M
Short-Term Debt $13.59M$13.59M$8.75M
Deferred Revenue $234M$210.39M$164.43M
Other Current Liabilities $93.09M$47.98M$47.33M
Total Non-Current Liabilities $545.82M$682.26M$490.11M
Long-Term Debt $513.05M$525.75M$339.43M
Other Non-Current Liabilities $32.77M$156.51M$150.68M
Total Debt $526.63M$539.34M$348.18M
Total Shareholder Equity $-13.48M$-664.21M$-377.09M
Common Stock $14K$2K$2K
Retained Earnings $-924.86M$-675.71M$-378.18M
Accumulated Other Comprehensive Income Loss (AOCL) $-208K$-60.12M$-45.7M
Other Shareholder Equity $911.57M$-59.77M$-79.76M
Total Investments $0$0$0
Net Debt $323.39M$481.45M$304.53M
Book Value $-13.48M$-664.21M$-377.09M

Discounted Cash Flow

Use the Discounted Cash Flow (DCF) tool to estimate the intrinsic value of Squarespace, Inc. stock.

Assumptions
Forecast Period
Required Return
  Low Mid High
Revenue Growth
FCFE Margin
Perpetual Growth
Terminal P/FCFE
Assumptions

The number of assumptions to make for each forecast.

Forecast Period

The number of years to forecast future cash flows. These future cash flows are used to determine the intrinsic present value for the stock.

It is generally recommended to select a longer period for more established companies with stable financial histories.

Forecast Period

The compounding annual rate of return required, according to your investment objectives. This is used to discount back future cash flows.

Revenue Growth

Estimate the annual compounding revenue growth rate. You can use the historical compounding annual growth rates provided below as a guide.

  • 1 Year 23.23%
  • 3 Years 24.01%
  • 5 Years 24.01%
  • 10 Years 24.01%
Levered Free Cash Flow Margin

Estimate levered free cash flow (FCFE) as a percentage of revenue. You can use the historical margins provided below as a guide.

  • 1 Year 12.57%
  • 3 Years 18.07%
  • 5 Years 18.07%
  • 10 Years 18.07%
Perpetual Growth Rate

Estimate the compounding annual growth rate at which revenues will grow in perpetuity after the forecast period. This is the first method used to calculate the terminal value.

Values of between 2% and 5% are generally recommended.

Price To Levered Free Cash Flow

Estimate the price to levered free cash flow (P/FCFE) for the stock after the forecast period. This is the second method used to calculate the terminal value.

This method for calculating the terminal value can be preferred for shorter forecast periods. You can use the historical rations provided below as a guide.

  • 1 Year 40.73
  • 3 Years 49.01
  • 5 Years 49.01
  • 10 Years 49.01
Chief Executive Officer (CEO) Mr. Anthony Casalena
Full-Time Employees 1.6K
Industry Software—Infrastructure
Sector Technology
Country US
Website https://www.squarespace.com

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