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  "documentTitle": "Salesforce, Inc. (CRM)",
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  "authorName": "Starboard Value",
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  "presentationDate": "2024-10-01 00:00:00",
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  "nDataPoints": 9,
  "notes": "The chart uses a broken axis for the ORCL bar. The 'Rule of 50' is a common SaaS performance metric.",
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      "kind": "callout",
      "text": "We believe Salesforce can reach the Rule of 50 and generate more than $20 of free cash flow per share in FY2028.",
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      "kind": "chart",
      "text": "Price / CY2025E Free Cash Flow",
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      "kind": "metric",
      "text": "Price / CY2025E Free Cash Flow: 14x",
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      "kind": "paragraph",
      "text": "If Salesforce can achieve a financial profile that is at least in-line with peer levels, its stock is currently trading at ~14x FY2028 free cash flow.",
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      "kind": "source-note",
      "text": "Source: Capital IQ, Visible Alpha. Market data as of October 18, 2024.",
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      "text": "Salesforce's Current Valuation Is Compelling, Especially If the Company Can Reach, and Exceed, the Rule of 50",
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