Asana, Inc. (ASAN) Valuation — DCF, Graham & Comparables

Asana, Inc. (ASAN) — Price $11.06 (closing price, November 2, 2026) — Technology — Software - Application — NYSE

Latest reported results:

Valuation dashboard for Asana, Inc. (ASAN) with P/E N/A, P/B 24.47, EV/EBITDA -20.8 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Technology companies.

Asana, Inc., alongside its subsidiaries, offers a comprehensive work management platform designed for individual contributors, team leaders, and top executives across the United States and globally. This platform empowers teams to coordinate diverse types of work, from routine daily tasks to complex, company-wide strategic initiatives.

Analysis Summary

Asana, Inc. reported revenue of $790.8M in the most recent fiscal year, growing at a 5-year CAGR of 28.4%.

Trailing-twelve-month margins: gross margin 87.6%, operating margin -19.3%, net margin -18.6%.

At $11.06 (closing price, November 2, 2026), ASAN has negative trailing earnings (P/E not meaningful) and an ROE of -105.68%. Market capitalisation stands at $2.5B.

Balance sheet quality for ASAN: debt-to-equity ratio of 2.48, current ratio of 0.92 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

Price / Book24.47
EV / EBITDA-20.8
Dividend Yield0.00%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
ASANAsana, Inc.$2.5B24.47-105.7%
KCKingsoft Cloud Holdings Limited$2.4B1.72-7.1%
DAVEDave Inc.$4.1B20.8719.6984.4%
FRSHFreshworks Inc.$3.7B21.984.4719.5%
BRZEBraze, Inc.$5.2B8.47-18.8%
NCNOnCino, Inc.$2.4B77.202.603.4%
PTRNPattern Group Inc. Series A Common Stock$2.6B4.55-23.1%
VERXVertex, Inc.$2.6B517.3210.591.4%

Price

Price$11.06 (closing price, November 2, 2026)
Market Cap$2.5B
ExchangeNYSE
CountryUS

Profitability

Return on Equity-105.68%
Return on Invested Capital-43.50%
Return on Assets-18.90%
Gross Margin87.56%
Operating Margin-19.31%
Net Margin-18.63%

Related companies: KC · DAVE · FRSH · BRZE · NCNO · PTRN · VERX · INTA

Explore sector: Technology · Software - Application

More sections of ASAN: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks