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  "docSlug": "jarvis-starboard-value-wix-presentation-october-2022",
  "documentTitle": "Starboard Value Wix Presentation October 2022",
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  "notes": "The chart includes a median line and revenue growth metrics for each company.",
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      "text": "EV / CY2023E Sales",
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      "text": "Wix is now trading far below peer multiples, despite strong top-line growth and a sticky customer base.",
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      "text": "Source: Capital IQ, Bloomberg. Note: Starboard believes that the companies above provide appropriate peer comparisons.",
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      "kind": "title",
      "text": "Today, Wix Trades at a Significant Discount to Peers",
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      "evidence": "The document highlights the problems and complications faced by Wix, Splunk, and Salesforce, including decelerated revenue growth, compressed margins, and subpar mix of growth and profitability.",
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