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STRATEGY INC (MSTR) Stock Fundamental Analysis

USA - NASDAQ:MSTR - US5949724083 - Common Stock

289.08 USD
+4.16 (+1.46%)
Last: 10/24/2025, 8:00:01 PM
289.88 USD
+0.8 (+0.28%)
After Hours: 10/24/2025, 8:00:01 PM
Fundamental Rating

4

Overall MSTR gets a fundamental rating of 4 out of 10. We evaluated MSTR against 286 industry peers in the Software industry. MSTR has a medium profitability rating, but doesn't score so well on its financial health evaluation. MSTR has a valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year MSTR was profitable.
MSTR had a negative operating cash flow in the past year.
In the past 5 years MSTR reported 4 times negative net income.
Of the past 5 years MSTR 4 years had a positive operating cash flow.
MSTR Yearly Net Income VS EBIT VS OCF VS FCFMSTR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -5B -10B -15B -20B

1.2 Ratios

The Return On Assets of MSTR (7.31%) is better than 78.25% of its industry peers.
MSTR has a better Return On Equity (9.40%) than 75.44% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.90%, MSTR belongs to the top of the industry, outperforming 84.21% of the companies in the same industry.
Industry RankSector Rank
ROA 7.31%
ROE 9.4%
ROIC 9.9%
ROA(3y)-18.83%
ROA(5y)-14.41%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
MSTR Yearly ROA, ROE, ROICMSTR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 200 300

1.3 Margins

MSTR's Profit Margin of 1023.69% is amongst the best of the industry. MSTR outperforms 98.25% of its industry peers.
The Operating Margin of MSTR (1747.64%) is better than 98.60% of its industry peers.
MSTR has a Gross Margin of 70.10%. This is comparable to the rest of the industry: MSTR outperforms 53.68% of its industry peers.
In the last couple of years the Gross Margin of MSTR has declined.
Industry RankSector Rank
OM 1747.64%
PM (TTM) 1023.69%
GM 70.1%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.22%
GM growth 5Y-1.93%
MSTR Yearly Profit, Operating, Gross MarginsMSTR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200

3

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MSTR is destroying value.
MSTR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MSTR has more shares outstanding
The debt/assets ratio for MSTR has been reduced compared to a year ago.
MSTR Yearly Shares OutstandingMSTR Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
MSTR Yearly Total Debt VS Total AssetsMSTR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

2.2 Solvency

MSTR has an Altman-Z score of 4.18. This indicates that MSTR is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 4.18, MSTR is doing good in the industry, outperforming 64.91% of the companies in the same industry.
MSTR has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
MSTR has a Debt to Equity ratio (0.16) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF N/A
Altman-Z 4.18
ROIC/WACC0.92
WACC10.78%
MSTR Yearly LT Debt VS Equity VS FCFMSTR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B -10B -20B

2.3 Liquidity

MSTR has a Current Ratio of 0.68. This is a bad value and indicates that MSTR is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.68, MSTR is doing worse than 86.32% of the companies in the same industry.
MSTR has a Quick Ratio of 0.68. This is a bad value and indicates that MSTR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.68, MSTR is not doing good in the industry: 86.32% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.68
Quick Ratio 0.68
MSTR Yearly Current Assets VS Current LiabilitesMSTR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

3

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 2065.44% over the past year.
The Revenue has decreased by -3.81% in the past year.
Measured over the past years, MSTR shows a decrease in Revenue. The Revenue has been decreasing by -0.96% on average per year.
EPS 1Y (TTM)2065.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5779.44%
Revenue 1Y (TTM)-3.81%
Revenue growth 3Y-3.19%
Revenue growth 5Y-0.96%
Sales Q2Q%2.73%

3.2 Future

Based on estimates for the next years, MSTR will show a very strong growth in Earnings Per Share. The EPS will grow by 104.44% on average per year.
The Revenue is expected to decrease by -0.79% on average over the next years.
EPS Next Y296.98%
EPS Next 2Y91.04%
EPS Next 3Y104.44%
EPS Next 5YN/A
Revenue Next Year-1.83%
Revenue Next 2Y1.19%
Revenue Next 3Y-1.78%
Revenue Next 5Y-0.79%

3.3 Evolution

The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
MSTR Yearly Revenue VS EstimatesMSTR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M
MSTR Yearly EPS VS EstimatesMSTR Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 10 -10 20 30 40

6

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 8.47, the valuation of MSTR can be described as reasonable.
Based on the Price/Earnings ratio, MSTR is valued cheaper than 92.63% of the companies in the same industry.
When comparing the Price/Earnings ratio of MSTR to the average of the S&P500 Index (26.91), we can say MSTR is valued rather cheaply.
With a Price/Forward Earnings ratio of 27.29, MSTR can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MSTR indicates a somewhat cheap valuation: MSTR is cheaper than 65.96% of the companies listed in the same industry.
MSTR is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.92, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 8.47
Fwd PE 27.29
MSTR Price Earnings VS Forward Price EarningsMSTR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, MSTR is valued cheaply inside the industry as 89.47% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 11.07
MSTR Per share dataMSTR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 -50 100 -100 150

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MSTR's earnings are expected to grow with 104.44% in the coming years.
PEG (NY)0.03
PEG (5Y)N/A
EPS Next 2Y91.04%
EPS Next 3Y104.44%

0

5. Dividend

5.1 Amount

No dividends for MSTR!.
Industry RankSector Rank
Dividend Yield N/A

STRATEGY INC

NASDAQ:MSTR (10/24/2025, 8:00:01 PM)

After market: 289.88 +0.8 (+0.28%)

289.08

+4.16 (+1.46%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)07-31 2025-07-31/amc
Earnings (Next)10-30 2025-10-30/amc
Inst Owners54.59%
Inst Owner Change0.11%
Ins Owners0.17%
Ins Owner Change79.1%
Market Cap83.00B
Revenue(TTM)462.32M
Net Income(TTM)4.73B
Analysts80
Price Target562.04 (94.42%)
Short Float %9.49%
Short Ratio2.18
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)20431.8%
Min EPS beat(2)5928.88%
Max EPS beat(2)34934.6%
EPS beat(4)2
Avg EPS beat(4)8888.46%
Min EPS beat(4)-4213.73%
Max EPS beat(4)34934.6%
EPS beat(8)3
Avg EPS beat(8)4019.14%
EPS beat(12)5
Avg EPS beat(12)-6119.95%
EPS beat(16)7
Avg EPS beat(16)-4695.93%
Revenue beat(2)0
Avg Revenue beat(2)-3.32%
Min Revenue beat(2)-6%
Max Revenue beat(2)-0.64%
Revenue beat(4)0
Avg Revenue beat(4)-4.46%
Min Revenue beat(4)-7.22%
Max Revenue beat(4)-0.64%
Revenue beat(8)1
Avg Revenue beat(8)-5.46%
Revenue beat(12)2
Avg Revenue beat(12)-4.4%
Revenue beat(16)2
Avg Revenue beat(16)-4.15%
PT rev (1m)4.47%
PT rev (3m)14.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7513.23%
EPS NY rev (1m)177.08%
EPS NY rev (3m)176.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.67%
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)-0.57%
Valuation
Industry RankSector Rank
PE 8.47
Fwd PE 27.29
P/S 179.52
P/FCF N/A
P/OCF N/A
P/B 1.65
P/tB N/A
EV/EBITDA 11.07
EPS(TTM)34.12
EY11.8%
EPS(NY)10.59
Fwd EY3.66%
FCF(TTM)-119.02
FCFYN/A
OCF(TTM)-0.33
OCFYN/A
SpS1.61
BVpS175.44
TBVpS-48.73
PEG (NY)0.03
PEG (5Y)N/A
Graham Number367
Profitability
Industry RankSector Rank
ROA 7.31%
ROE 9.4%
ROCE 12.53%
ROIC 9.9%
ROICexc 9.91%
ROICexgc 13891.1%
OM 1747.64%
PM (TTM) 1023.69%
GM 70.1%
FCFM N/A
ROA(3y)-18.83%
ROA(5y)-14.41%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.22%
GM growth 5Y-1.93%
F-Score4
Asset Turnover0.01
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF N/A
Debt/EBITDA 1.01
Cap/Depr 85616%
Cap/Sales 7370.63%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.68
Quick Ratio 0.68
Altman-Z 4.18
F-Score4
WACC10.78%
ROIC/WACC0.92
Cap/Depr(3y)33259.4%
Cap/Depr(5y)26278.5%
Cap/Sales(3y)1735.12%
Cap/Sales(5y)1190.98%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2065.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5779.44%
EPS Next Y296.98%
EPS Next 2Y91.04%
EPS Next 3Y104.44%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.81%
Revenue growth 3Y-3.19%
Revenue growth 5Y-0.96%
Sales Q2Q%2.73%
Revenue Next Year-1.83%
Revenue Next 2Y1.19%
Revenue Next 3Y-1.78%
Revenue Next 5Y-0.79%
EBIT growth 1Y29493.6%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year580.57%
EBIT Next 3Y81.44%
EBIT Next 5YN/A
FCF growth 1Y-5676.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-13048.8%
OCF growth 3YN/A
OCF growth 5YN/A

STRATEGY INC / MSTR FAQ

What is the fundamental rating for MSTR stock?

ChartMill assigns a fundamental rating of 4 / 10 to MSTR.


Can you provide the valuation status for STRATEGY INC?

ChartMill assigns a valuation rating of 6 / 10 to STRATEGY INC (MSTR). This can be considered as Fairly Valued.


What is the profitability of MSTR stock?

STRATEGY INC (MSTR) has a profitability rating of 4 / 10.


Can you provide the expected EPS growth for MSTR stock?

The Earnings per Share (EPS) of STRATEGY INC (MSTR) is expected to grow by 296.98% in the next year.