Free SugarCRM Research

How much is SugarCRM worth? SharesPost has teamed up with third party research firms to provide our members some insight in to the value of SugarCRM. Click below to download a free research report that includes some or all of the following information:

  • SugarCRM’s estimated revenue
  • SugarCRM’s estimated future earnings
  • SugarCRM’s estimated valuation (potential market cap)
  • SugarCRM’s assumed capitalization (shares outstanding)
  • News about SugarCRM
  • Competitive and complimentary sites used to determine the valuation of SugarCRM
  • SugarCRM’s investors
  • SugarCRM’s executive team

After you’ve reached your own conclusion as to the value of SugarCRM, you can post to buy or sell SugarCRM stock. Get started by visiting SugarCRM’s company bulletin board.

Research Firm Report Title Date Summary
Pdficon_small NeXt Up Research Software: SugarCRM, Open Source for CRM 04/26/10 Summary Log in / Register to download
Pdficon_small Liquid Scenarios Breakpoints Analysis 11/07/09 Summary Log in / Register to download
Pdficon_small VC Experts VC Experts Valuation Report -- SugarCRM 06/23/09 Summary Log in / Register to download

The following is a sample of the SugarCRM NeXt Up Research report which provides a thorough analysis of the SugarCRM's market, products, and value. It includes sections titled Investment Thesis, Market Overview, Competitive Landscape, M&A Activity, Company Overview, Financials & Valuation, Investors, Management, Board of Directors, and Recent News, plus various appendixes.

Software: SugarCRM, Open Source for CRM

NeXt Up! 04/26/10

Investment Highlights

*A pioneer of Open-source CRM with the largest installed base: *With five thousand users, SugarCRM has accumulated a critical mass of user base that makes it the choice of open source installations. We believe that such a large user base makes it the vendor of choice for new customers.

*Less Vulnerable to Macro Downturn: *IT departments on tight budgets should continue to become customers of SugarCRM, which requires no upfront costs. Many of the smaller enterprises could become potential paying customers as their IT budgets recover from the downturn. We believe SugarCRM offers 80 – 90% of the functionality of a full-fledged enterprise system at almost 50% of the price offered by the traditional proprietary vendors.

Valuation:

Our valuation methodology suggests an exit valuation of $XX to $XX, i.e. $XX – $XX per common share

Investment Concerns

*Management Churn: *We are concerned about the departures of executives from SugarCRM since early 2008. The recent departure of John Roberts on May 9th could delay the company’s recovery from the macro downturn that appears to be affecting the CRM industry. We are also concerned about the impact such a churn could have on the company’s larger customers.

*Crowded Marketplace Could Add to Pricing Pressure: *With abundant CRM suppliers, we believe the market could continue to face pricing pressure. We believe some of the advantages of open source could be eroded by the steep discounting offered others such as Salesforce.com seems to be offering.

*Monetization may not always correlate to customer addition: *We believe the customers have grown to almost 5000 by mid 2009, over 4x what the company had a few years ago. But the revenue growth has been at a slower pace, causing us concern that the company may not be adequately monetizing new customers.

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