Market Pulse59Neutral

Asana, Inc.Opportunity Rank #144(ASAN) Intrinsic Value & DCF Analysis (2026)

Sector: Technology

Current Price

$7.05

Last updated: May 08, 2026

Price vs Intrinsic Value

$7.05
Price
$13.00
Intrinsic Value
Undervalued by 84%MOS: $10.40

Fundamental Score

80/100
Bullish

Weighted across 6 signals

Narrative Score

50/100
Weak

No change vs previous

Trend Score

22/100
Weak

As of 2026-05-08

The intrinsic value of Asana, Inc. (ASAN) is estimated at $13.00 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $7.05, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 15.00% long-term growth rate and a 10.00% discount rate (calculated: 8.19%), reflecting expected future free cash flow and cost of capital.

The intrinsic value of Asana, Inc. (ASAN) is estimated at $13.00 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $7.05, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes a 15.00% long-term growth rate and a 10.00% discount rate (calculated: 8.19%), reflecting expected future free cash flow and cost of capital.

Valuation Details

$13.00
▲ 84.40% upside
20% margin of safety: $10.40
Years: 10Growth Rate: 15.00%
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Fundamental Details

80/100
BullishWeighted across 6 signals
DCF Discount
84.4% discount to price
100
FCF Yield
5.8% trailing FCF yield
94
ROIC vs WACC
ROIC vs WACC unavailable
50
Net Debt / FCF
Net cash position
100
Buybacks
Share count growing
30
FCF CAGR (5Y)
165.5% 5Y FCF CAGR (adjusted)
100
Strengths: DCF Discount, FCF Yield. Concerns: Buybacks.

Narrative Details

50/100
Weak
Vs 6-Month Baseline:Below Avg (31st pct)Weighted across 5 recent drivers
Trend: StableConfidence: 60%Updated: 15h ago
Sources: 15 (5 News · 10 Analyst)
Drivers(last 30 days)
Regulatory scrutiny-0.0
Analyst downgrades-0.0
Analyst upgrades+0.0
4 news sentiment+0.0
8 analyst reiterations0.0

Trend Details

22/100
WeakAs of 2026-05-08311 daily bars used
Distance from 52-Week High-65.1%
6M Relative Strength vs SPY-58.4%
3M Relative Strength vs SPY-31.1%
Price vs 21 EMA55 · +0.8%
Price vs 50 EMA26 · -5.1%
21 EMA vs 50 EMA12 · -5.9%
3M RS vs SPY1 · -31.1%
6M RS vs SPY0 · -58.4%
Distance from 52W High0 · -65.1%

Investment Coach

Updating... 1d ago
BUYConfidence: 57%
Thesis
Asana, Inc. is undervalued with an estimated fair value 90.3% above its current price, supported by constructive fundamentals and a healthy free cash flow yield of 6.0%. Despite trailing returns relative to its cost of capital, the company's strong free cash flow growth and bullish fundamental score suggest potential for significant upside.
Key Risk
The key risk is that Asana's returns remain below its weighted average cost of capital, which could limit value creation and pressure valuation.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC versus WACC spread for sustained improvement.
  • Follow narrative trend for meaningful shifts in the score direction.
Ask the Coach - Available with
Historical Growth Rates
Free Cash Flow- - -Trend CAGR (Adjusted): 119.05%5 Year CAGR (Adjusted): 165.47%

Free Cash Flow (in millions)

TTM2025202420232022202120202019
$96$20-$5-$153-$41-$35-$33-$27

How Intrinziq Estimates Fair Value

Intrinziq estimates Asana, Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

Asana, Inc.Technology

Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. The company's platform enables teams to orchestrate work from daily tasks to cross-functional strategic initiatives; and manages product launches, marketing campaigns, and organization-wide goal settings. It serves customers in industries, such as technology, retail, education, non-profit, government, healthcare, media, and financial services. The company was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009. Asana, Inc. was incorporated in 2008 and is headquartered in San Francisco, California.