Oracle Corp.
ORCL
Market Cap$338.73B
Close$
Earnings Call Q3 2024
March 11, 2024 - AI Summary
Oracle's third quarter fiscal year 2024 earnings were strong, with revenue coming in as expected and EPS $0.02 above the high end of guidance.
The infrastructure cloud business (OCI) is driving overall revenue acceleration, growing much faster than competitors. Customers are attracted to OCI for its cost-effectiveness, comprehensive security, AI capabilities, deployment flexibility, and multi-cloud offerings.
Total cloud revenue, including SaaS and IaaS, grew by 24% to $5.1 billion, with IaaS revenue up 49% and SaaS revenue up 14%. Cloud revenue exceeded total license support revenue for the first time.
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$94.62
20.3% downside
Current Fair Value
20.3% downsideOvervalued by 20.3% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $338.73 Billion |
|---|---|
| Enterprise Value | $416.80 Billion |
| Dividend Yield | $1.5916 (1.29%) |
| Earnings per Share | $3.78 |
| Beta | 1.33 |
| Outstanding Shares | 2,748,500,000 |
| Avg 30 Day Volume | 8,333,107 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 31.83 |
|---|---|
| PEG | 119.5 |
| Price to Sales | 6.25 |
| Price to Book Ratio | 59.34 |
| Enterprise Value to Revenue | 7.94 |
| Enterprise Value to EBIT | 26.87 |
| Enterprise Value to Net Income | 39 |
| Total Debt to Enterprise | 0.21 |
| Debt to Equity | 15.65 |
Revenue Sources
No data
ESG Score
No data
About Oracle Corp.
CEO: Safra Catz