Coupa Software: Attractive Entry Point To Yield Long-Term IRR Of 17%

Oct. 10, 2022 6:33 PM ETCoupa Software Incorporated (COUP)
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Normad Capital
170 Followers

Summary

  • The opportunity set for Coupa Software to continue capturing share and grow is huge.
  • Coupa Software’s network effect continues to enhance as it scales.
  • Coupa has a strong GTM strategy that enables it to effectively distribute its product.

Coupa headquarters in Silicon Valley

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Summary

I recommend a Buy rating on Coupa Software Incorporated (NASDAQ:COUP). It has a combination of factors that make it attractive, such as: a strong value proposition, strong network effect, and scale advantage. More importantly, the stock's current low price makes it

TAM

COUP Sep 22 Investor Day

GTM

COUP Sep 22 Investor Day

Customer segments

COUP Sep 22 Investor Day

Valuation

Normad Capital

Guidance

COUP Sep 22 Investor Day

This article was written by

Normad Capital profile picture
170 Followers
Both a full-time investor and a full-time operations manager. I've learned about investing over the years by reading and researching businesses that, in my opinion, have a significant competitive advantage that can sustainably produce returns above its cost of capital.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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