Intuit

Methodology

Intuit's small business and consumer tax software generates highly predictable earnings from recurring subscriptions to QuickBooks, TurboTax, and Credit Karma. The company's platform dominance and network effects create exceptional visibility. This calculation works very well given the essential nature of financial software and strong customer retention driving consistent double-digit earnings growth.

Methodology

Intuit typically commands premium PEG ratios reflecting its platform dominance, recurring revenue model, and consistent execution in small business financial software. The company's network effects and AI capabilities justify high multiples. Compare to other vertical SaaS providers to assess whether Intuit's SMB platform positioning and tax software moat warrant its valuation premium.

Methodology

Intuit pays a minimal dividend as management prioritizes reinvestment in platform capabilities, AI features, and strategic acquisitions to expand the financial platform. The company focuses capital on innovation and buybacks. Total return depends primarily on earnings compounding from expanding platform usage and successful monetization of AI-powered financial features.