AUTODESK INC (ADSK) Stock Fundamental Analysis
USA - NASDAQ:ADSK - US0527691069 - Common Stock
318.51 USD
-2.56 (-0.8%)
318.51 USD
0 (0%)
Overall ADSK gets a fundamental rating of 6 out of 10. We evaluated ADSK against 280 industry peers in the Software industry. ADSK has an excellent profitability rating, but there are some minor concerns on its financial health. ADSK is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, ADSK could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
ADSK had positive earnings in the past year.
In the past year ADSK had a positive cash flow from operations.
In the past 5 years ADSK has always been profitable.
Each year in the past 5 years ADSK had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.61%, ADSK belongs to the top of the industry, outperforming 86.07% of the companies in the same industry.
With an excellent Return On Equity value of 38.42%, ADSK belongs to the best of the industry, outperforming 94.29% of the companies in the same industry.
ADSK has a better Return On Invested Capital (19.28%) than 93.93% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ADSK is above the industry average of 11.85%.
The last Return On Invested Capital (19.28%) for ADSK is above the 3 year average (16.69%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.61% | ||
| ROE | 38.42% | ||
| ROIC | 19.28% |
ROA(3y)9.38%
ROA(5y)10.1%
ROE(3y)54.38%
ROE(5y)69.36%
ROIC(3y)16.69%
ROIC(5y)14.67%
1.3 Margins
ADSK has a better Profit Margin (15.79%) than 80.71% of its industry peers.
In the last couple of years the Profit Margin of ADSK has grown nicely.
ADSK has a Operating Margin of 22.94%. This is amongst the best in the industry. ADSK outperforms 88.93% of its industry peers.
ADSK's Operating Margin has improved in the last couple of years.
The Gross Margin of ADSK (90.61%) is better than 98.57% of its industry peers.
In the last couple of years the Gross Margin of ADSK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.94% | ||
| PM (TTM) | 15.79% | ||
| GM | 90.61% |
OM growth 3Y16.62%
OM growth 5Y16.31%
PM growth 3Y16.98%
PM growth 5Y22.59%
GM growth 3Y0.04%
GM growth 5Y0.11%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ADSK is still creating some value.
The number of shares outstanding for ADSK remains at a similar level compared to 1 year ago.
Compared to 5 years ago, ADSK has less shares outstanding
The debt/assets ratio for ADSK has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.80 indicates that ADSK is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 5.80, ADSK is doing good in the industry, outperforming 73.21% of the companies in the same industry.
The Debt to FCF ratio of ADSK is 1.34, which is an excellent value as it means it would take ADSK, only 1.34 years of fcf income to pay off all of its debts.
ADSK has a Debt to FCF ratio of 1.34. This is in the better half of the industry: ADSK outperforms 72.14% of its industry peers.
A Debt/Equity ratio of 0.91 indicates that ADSK is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.91, ADSK is doing worse than 72.50% of the companies in the same industry.
Although ADSK does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 1.34 | ||
| Altman-Z | 5.8 |
ROIC/WACC1.77
WACC10.9%
2.3 Liquidity
ADSK has a Current Ratio of 0.76. This is a bad value and indicates that ADSK is not financially healthy enough and could expect problems in meeting its short term obligations.
ADSK has a Current ratio of 0.76. This is amonst the worse of the industry: ADSK underperforms 81.79% of its industry peers.
ADSK has a Quick Ratio of 0.76. This is a bad value and indicates that ADSK is not financially healthy enough and could expect problems in meeting its short term obligations.
ADSK's Quick ratio of 0.76 is on the low side compared to the rest of the industry. ADSK is outperformed by 81.79% of its industry peers.
The current and quick ratio evaluation for ADSK is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
ADSK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.55%, which is quite good.
The Earnings Per Share has been growing by 24.81% on average over the past years. This is a very strong growth
Looking at the last year, ADSK shows a quite strong growth in Revenue. The Revenue has grown by 13.78% in the last year.
The Revenue has been growing by 13.37% on average over the past years. This is quite good.
EPS 1Y (TTM)14.55%
EPS 3Y18.7%
EPS 5Y24.81%
EPS Q2Q%21.86%
Revenue 1Y (TTM)13.78%
Revenue growth 3Y11.81%
Revenue growth 5Y13.37%
Sales Q2Q%17.14%
3.2 Future
ADSK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.72% yearly.
The Revenue is expected to grow by 11.95% on average over the next years. This is quite good.
EPS Next Y16.17%
EPS Next 2Y15.47%
EPS Next 3Y16.11%
EPS Next 5Y16.72%
Revenue Next Year15.27%
Revenue Next 2Y13.27%
Revenue Next 3Y12.38%
Revenue Next 5Y11.95%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 33.99 indicates a quite expensive valuation of ADSK.
Compared to the rest of the industry, the Price/Earnings ratio of ADSK indicates a somewhat cheap valuation: ADSK is cheaper than 62.14% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of ADSK to the average of the S&P500 Index (27.20), we can say ADSK is valued slightly more expensively.
With a Price/Forward Earnings ratio of 28.17, ADSK can be considered very expensive at the moment.
64.64% of the companies in the same industry are more expensive than ADSK, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.71, ADSK is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.99 | ||
| Fwd PE | 28.17 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ADSK is valued a bit cheaper than 67.50% of the companies in the same industry.
ADSK's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ADSK is cheaper than 67.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.73 | ||
| EV/EBITDA | 40.14 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ADSK does not grow enough to justify the current Price/Earnings ratio.
ADSK has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ADSK's earnings are expected to grow with 16.11% in the coming years.
PEG (NY)2.1
PEG (5Y)1.37
EPS Next 2Y15.47%
EPS Next 3Y16.11%
5. Dividend
5.1 Amount
ADSK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
318.51
-2.56 (-0.8%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners94.48%
Inst Owner Change0.12%
Ins Owners0.2%
Ins Owner Change6.63%
Market Cap67.84B
Analysts81.05
Price Target370.04 (16.18%)
Short Float %1.59%
Short Ratio1.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.7%
Min EPS beat(2)4.58%
Max EPS beat(2)4.83%
EPS beat(4)4
Avg EPS beat(4)3.74%
Min EPS beat(4)0.48%
Max EPS beat(4)5.08%
EPS beat(8)8
Avg EPS beat(8)3.85%
EPS beat(12)10
Avg EPS beat(12)3%
EPS beat(16)14
Avg EPS beat(16)3.1%
Revenue beat(2)1
Avg Revenue beat(2)-0.07%
Min Revenue beat(2)-0.37%
Max Revenue beat(2)0.23%
Revenue beat(4)1
Avg Revenue beat(4)-0.79%
Min Revenue beat(4)-1.51%
Max Revenue beat(4)0.23%
Revenue beat(8)2
Avg Revenue beat(8)-0.47%
Revenue beat(12)2
Avg Revenue beat(12)-0.78%
Revenue beat(16)3
Avg Revenue beat(16)-0.75%
PT rev (1m)6.11%
PT rev (3m)8%
EPS NQ rev (1m)4.05%
EPS NQ rev (3m)4.09%
EPS NY rev (1m)0.04%
EPS NY rev (3m)1.52%
Revenue NQ rev (1m)1.66%
Revenue NQ rev (3m)1.66%
Revenue NY rev (1m)1.27%
Revenue NY rev (3m)1.35%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.99 | ||
| Fwd PE | 28.17 | ||
| P/S | 10.27 | ||
| P/FCF | 36.73 | ||
| P/OCF | 35.24 | ||
| P/B | 24.99 | ||
| P/tB | N/A | ||
| EV/EBITDA | 40.14 |
EPS(TTM)9.37
EY2.94%
EPS(NY)11.31
Fwd EY3.55%
FCF(TTM)8.67
FCFY2.72%
OCF(TTM)9.04
OCFY2.84%
SpS31.01
BVpS12.75
TBVpS-9.77
PEG (NY)2.1
PEG (5Y)1.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.61% | ||
| ROE | 38.42% | ||
| ROCE | 24.09% | ||
| ROIC | 19.28% | ||
| ROICexc | 29.92% | ||
| ROICexgc | N/A | ||
| OM | 22.94% | ||
| PM (TTM) | 15.79% | ||
| GM | 90.61% | ||
| FCFM | 27.96% |
ROA(3y)9.38%
ROA(5y)10.1%
ROE(3y)54.38%
ROE(5y)69.36%
ROIC(3y)16.69%
ROIC(5y)14.67%
ROICexc(3y)26.54%
ROICexc(5y)24.06%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)20.85%
ROCE(5y)18.33%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y18.27%
ROICexc growth 5Y3.23%
OM growth 3Y16.62%
OM growth 5Y16.31%
PM growth 3Y16.98%
PM growth 5Y22.59%
GM growth 3Y0.04%
GM growth 5Y0.11%
F-Score6
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 1.34 | ||
| Debt/EBITDA | 1.46 | ||
| Cap/Depr | 41.27% | ||
| Cap/Sales | 1.18% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 112.97% | ||
| Profit Quality | 177.09% | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 5.8 |
F-Score6
WACC10.9%
ROIC/WACC1.77
Cap/Depr(3y)43.74%
Cap/Depr(5y)50.72%
Cap/Sales(3y)1.23%
Cap/Sales(5y)1.55%
Profit Quality(3y)173.19%
Profit Quality(5y)185.07%
High Growth Momentum
Growth
EPS 1Y (TTM)14.55%
EPS 3Y18.7%
EPS 5Y24.81%
EPS Q2Q%21.86%
EPS Next Y16.17%
EPS Next 2Y15.47%
EPS Next 3Y16.11%
EPS Next 5Y16.72%
Revenue 1Y (TTM)13.78%
Revenue growth 3Y11.81%
Revenue growth 5Y13.37%
Sales Q2Q%17.14%
Revenue Next Year15.27%
Revenue Next 2Y13.27%
Revenue Next 3Y12.38%
Revenue Next 5Y11.95%
EBIT growth 1Y17.35%
EBIT growth 3Y30.39%
EBIT growth 5Y31.85%
EBIT Next Year24.36%
EBIT Next 3Y17.46%
EBIT Next 5Y12.43%
FCF growth 1Y-15.82%
FCF growth 3Y0.91%
FCF growth 5Y2.02%
OCF growth 1Y-13.99%
OCF growth 3Y1.62%
OCF growth 5Y2.58%