Market Pulse44Neutral

Asana, Inc.Opportunity Rank #109(ASAN) Intrinsic Value & DCF Analysis (2026)

Sector: Technology

Current Price

$6.75

Last updated: Jun 23, 2026

Price vs Intrinsic Value

$6.75
Price
$17.17
Intrinsic Value
Undervalued by 154%MOS: $13.74

Fundamental Score

86/100
Bullish

Weighted across 6 signals

Narrative Score

52/100
Weak

No change vs previous

Trend Score

26/100
Weak

As of 2026-06-22

The intrinsic value of Asana, Inc. (ASAN) is estimated at $17.17 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $6.75, 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: 8.15%), reflecting expected future free cash flow and cost of capital.

The intrinsic value of Asana, Inc. (ASAN) is estimated at $17.17 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $6.75, 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: 8.15%), reflecting expected future free cash flow and cost of capital.

Valuation Details

$17.17
154.37% upside
20% margin of safety: $13.74
Years: 10Growth Rate: 15.00%
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Fundamental Details

86/100
BullishWeighted across 6 signals
DCF Discount
154.4% discount to price
100
FCF Yield
8.1% trailing FCF yield
100
ROIC vs WACC
ROIC vs WACC unavailable
50
Net Debt / FCF
Net cash position
100
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
177.8% 5Y FCF CAGR (adjusted)
100
Strengths lead the score: DCF Discount, FCF Yield.

Narrative Details

52/100
Weak
Vs 6-Month Baseline:Average (48th pct)Weighted across 5 recent drivers
Trend: StableConfidence: 70%Updated: 1h ago
Sources: 25 (17 News · 8 Analyst)
Drivers(last 30 days)
16 news sentiment+0.2
Upgrade headlines+0.0
Analyst downgrades-0.0
Analyst upgrades+0.0
6 analyst reiterations0.0

Trend Details

26/100
WeakAs of 2026-06-22308 daily bars used
Distance from 52-Week High-56.0%
6M Relative Strength vs SPY-64.4%
3M Relative Strength vs SPY-13.3%
Price vs 21 EMA15 · -6.8%
Price vs 50 EMA25 · -5.4%
21 EMA vs 50 EMA62 · +1.5%
3M RS vs SPY10 · -13.3%
6M RS vs SPY0 · -64.4%
Distance from 52W High0 · -56.0%

Investment Coach

Updating... 12d ago
BUYConfidence: 65%
Thesis
Asana, Inc. is undervalued with an estimated fair value 126.5% above its current price, supported by a strong fundamental score of 73 and a healthy free cash flow yield of 7.2%. Despite trailing returns relative to its cost of capital, the company's robust free cash flow growth and buyback activity indicate potential for value appreciation.
Key Risk
The key risk is the negative spread between ROIC and WACC, which may limit sustainable value creation if not improved.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC vs 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): 126.85%5 Year CAGR (Adjusted): 177.77%

Free Cash Flow (in millions)

TTM2025202420232022202120202019
$130$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., 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. It facilitates the management of various projects, including new product rollouts, marketing campaigns, and the establishment of organizational goals. Asana serves a wide array of clients in sectors such as technology, retail, education, non-profit organizations, government, healthcare, media, and financial services. The company was founded in 2008 as Smiley Abstractions, Inc., and officially changed its name to Asana, Inc. in July 2009. Its corporate headquarters are situated in San Francisco, California.

Asana, Inc. (ASAN) Intrinsic Value & DCF (2026) | Intrinziq