$2.87
-9.7%Commerce.com, Inc. operates a software-as-a-service e-commerce platform for brands and retailers in the United States, North and South America, Europe, the Middle East, Africa, and the Asia Pacific. The company provides a platform for launching and scaling an ecommerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integration into third-party services, such as payments, shipping, and accounting. It serves stores in various sizes, product categories, and purchase types comprising business-to-consumer and business-to-business. Commerce.com, Inc. was formerly known as BigCommerce Holdings, Inc. and changed its name to Commerce.com, Inc. in July 2025. The company was founded in 2009 and is headquartered in Austin, Texas.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $22.9M | $19.1M | $15.9M | $13.3M | $11.1M | $9.2M | $7.7M | $6.4M | $5.4M | $4.5M |
| Maintenance CapEx | -$1.4M | -$1.2M | -$999.0K | -$833.6K | -$695.6K | -$580.4K | -$484.3K | -$404.1K | -$337.2K | -$281.4K |
| Owner Earnings | $21.4M | $17.9M | $14.9M | $12.4M | $10.4M | $8.7M | $7.2M | $6.0M | $5.0M | $4.2M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $19.8M | $15.3M | $11.8M | $9.2M | $7.1M | $5.5M | $4.2M | $3.3M | $2.5M | $1.9M |
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