TOSTToast, Inc.

$36.95

Is the price fair?

What TOST's price assumes

Toast, Inc. trades at 56.0× earnings against 31.8× for the median Software - Infrastructure name, more expensive than its own group.

56.0

Trailing P/E · Software - Infrastructure median 31.8 · 1.76× the median: the market pays up for this one

Price / sales
2.48

Price / sales · as of 2026-Q1

Free cash flow yield
4.6%

Free cash flow yield · Software - Infrastructure median 5.3%

Growth the price implies
+6.8%

Growth the price implies · The price pays for +6.8% free cash flow growth a year for a decade; revenue has grown +29% a year over the last three.

Details
Price / book2026-Q1
8.02
Technology median P/E376 names
37.0
Software - Infrastructure median P/E81 names
31.8
Free cash flow, trailing twelve months
$654M
Market capitalisation
$14.3B
3-year revenue growth
+29%

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.