Resources

INTU – Market expectations are for rapid Uniform ROA expansion, however management is concerned about growth, ARPC, and innovation

July 30, 2019

  • Intuit Inc. (INTU:USA) currently trades at historical highs relative to UAFRS-based (Uniform) Earnings, with a 38.5x Uniform P/E, implying bullish expectations for the firm. However, management is concerned about driving growth, ARPC, and innovation
  • Specifically, management may be concerned about their ability to drive durable growth, and they may lack confidence in their ability to meet the high end of estimates for revenue from their professional tax segment. Furthermore, management may be exaggerating the value of their AI-driven expert platform and their ability to innovate products to match customer demands. Moreover, management may be concerned about their ability to convert free filing customers to paid customers and improve ARPC.

You don’t have access to the Valens Research Premium Application.

To get access to our best content including the highly regarded Conviction Long List and Market Phase Cycle macro newsletter, please contact our Client Relations Team at 630-841-0683 or email client.relations@valens-research.com.

Please fill out the fields below so that our client relations team can contact you

Or contact our Client Relationship Team at 630-841-0683