Smartsheet: A Mispriced SaaS Leader

SOPA Images/LightRocket via Getty Images Thesis Smartsheet Inc. (NYSE:SMAR) is a leader in the Collaborative Work Management (CWM) market, providing solutions that enable teams to plan, execute, and manage their work collectively. The company has been growing rapidly in the past few years, reaching $1 billion in annualized revenue last week. However, despite its impressive performance and strong competitive position, Smartsheet is undervalued by the market, trading at a lower valuation relative to its peers ...