Palantir Technologies Inc.

PLTR

Services-Prepackaged Software

Mkt Cap

$46.6B

PE

156.07

Debt

Cash

$539.7M

EV

FCF

$641.4M

Market Cap

$46.6B

P/E Ratio

156.07

Debt

Cash

$539.7M

EV

FCF

$641.4M

Charts data: {"Earnings":[{"time":"2018-12-30","value":-598125000},{"time":"2019-12-30","value":-588127000},{"time":"2020-12-30","value":-1166391000},{"time":"2021-12-30","value":-520379000},{"time":"2022-12-30","value":-373705000},{"time":"2023-12-30","value":209825000}],"Sales":[{"time":"2018-12-30","value":595409000},{"time":"2019-12-30","value":742555000},{"time":"2020-12-30","value":1092673000},{"time":"2021-12-30","value":1541889000},{"time":"2022-12-30","value":1905871000},{"time":"2023-12-30","value":2225012000}],"Net Margins":[{"time":"2018-12-30","value":-1.0045615702819406},{"time":"2019-12-30","value":-0.7920315666852961},{"time":"2020-12-30","value":-1.0674657468428341},{"time":"2021-12-30","value":-0.337494462960693},{"time":"2022-12-30","value":-0.19608095196369535},{"time":"2023-12-30","value":0.09430286218681068}],"Assets":[{"time":"2019-12-30","value":1594025000},{"time":"2020-12-30","value":2690504000},{"time":"2021-12-30","value":3247450000},{"time":"2022-12-30","value":3461239000},{"time":"2023-12-30","value":4522425000}],"Stockholders Equity":[{"time":"2018-12-30","value":-1751428000},{"time":"2019-12-30","value":-1980642000},{"time":"2020-12-30","value":1522550000},{"time":"2021-12-30","value":2291030000},{"time":"2022-12-30","value":2642437000},{"time":"2023-12-30","value":3560965000}],"ROE":[{"time":"2018-12-30","value":0.3415070445373718},{"time":"2019-12-30","value":0.29693755862997956},{"time":"2020-12-30","value":-0.7660773045220189},{"time":"2021-12-30","value":-0.2271375756755695},{"time":"2022-12-30","value":-0.14142437454516418},{"time":"2023-12-30","value":0.05892363446425337}],"ROA":[{"time":"2019-12-30","value":-0.35587333950220357},{"time":"2020-12-30","value":-0.4362301635678668},{"time":"2021-12-30","value":-0.12657500500392616},{"time":"2022-12-30","value":-0.04657320687765277},{"time":"2023-12-30","value":0.05242563447707812}]}

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that enables customers to deploy their own software virtually in any environment. Palantir Technologies Inc. was incorporated in 2003 and is based in Denver, Colorado.

Sector

10-Q
9/30/23
10-Q
6/30/23
10-Q
3/31/23
10-K
12/31/22
10-Q
9/30/22
10-Q
6/30/22
10-Q
3/31/22
10-K
12/31/21
10-Q
9/30/21
10-Q
6/30/21
10-Q
3/31/21
10-K
12/31/20
10-Q
9/30/20

DCF

Discounted Cash Flow Valuation of Palantir Technologies Inc.

Calculate

Growth Years

Growth

Start

End

Discount

Start

End

Multiple

g\r	+10%	+11%	+12%	+13%	+14%
0%	10	9	8	8	7
+1%	11	10	9	8	8
+2%	13	11	10	9	8
+3%	14	13	11	10	9
+4%	17	14	12	11	10

Years	0	1	2	3	4	5	6	7	8	9	10	TV
FCF	$641.4M	$833.8M	$1.061B	$1.32B	$1.606B	$1.909B	$2.217B	$2.513B	$2.778B	$2.994B	$3.144B	$31.44B
DCF		$725M	$802.1M	$867.9M	$918.3M	$949.3M	$958.5M	$944.6M	$908.1M	$851.1M	$777.1M	$7.771B
Value	$16.47B

Chart P/E ratio

In the chart Earnings are multiplied by this value.

Earnings Growth 310%

Earnings Stability -24%

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

The Net Margin is high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Over time the ROA has been increasing indicating a higher marginal ROA with respect to the calculated one, giving a good sign for continued growth.

Years	12-2018	12-2019	12-2020	12-2021	12-2022	12-2023	TTM
Net Margin	-100%	-79%	-110%	-34%	-20%	9.4%	13%
ROA	-	-36%	-44%	-13%	-4.7%	5.2%	6.8%
ROE	34%	30%	-77%	-23%	-14%	5.9%	7.7%

What is the average Net Margin?

The average Net Margin over the past 5 years is -55.06%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is +22.89%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is -18.26%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is +12.06%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is -7.29%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is -6.25%.

Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Data are missing

Years	12-2018	12-2019	12-2020	12-2021	12-2022	12-2023	TTM
Debt FCF	-	-	-0.65	0.00	-	-	-
Debt Equity	-	-0.20	0.13	0.00	-	-	-
MIN
Graham Stability	-	-	-	-	-	-	-

What is the Debt/FCF?

The Debt/FCF trailing twelve month is -.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is 0.65.

What is the Graham’s Stability?

Graham’s Stability measure stands at -.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Data are missing

Years	12-2018	12-2020	12-2022	Trend
Revenue	30%	27%	17%	-3.9%
Net Income	-	-	-	-
Stockholders Equity	-	33%	35%	-7.9%
FCF	-	-	280%	320%

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is +30.17%.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is -3.95%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is -.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is -.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is -.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is -7.86%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is -.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is +322.25%.