CRM – Market expectations are for Uniform ROA to recover, and management is confident about Work.com, Salesforce Anywhere, and their investments
October 22, 2020
- salesforce.com, inc. (CRM:USA) currently trades above recent historical averages relative to UAFRS-based (Uniform) earnings, with a 50.6x Uniform P/E. At these levels, the market has bullish expectations for the firm, and management is confident about Work.com, Salesforce Anywhere, and their investments
- Specifically, management is confident that Work.com will improve their relevance to customers, and that the Salesforce Anywhere will allow customers to sell and service, and market anywhere. Also, they are confident about their process of raising investments.