AUTODESK INC (ADSK)
US0527691069 - Common Stock
Overall ADSK gets a fundamental rating of 6 out of 10. We evaluated ADSK against 280 industry peers in the Software industry. While ADSK belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ADSK is not overvalued while it is showing excellent growth. This is an interesting combination. 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.
ADSK had a positive operating cash flow in the past year.
ADSK had positive earnings in each of the past 5 years.
Each year in the past 5 years ADSK had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 10.77%, ADSK belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
The Return On Equity of ADSK (41.70%) is better than 95.70% of its industry peers.
Looking at the Return On Invested Capital, with a value of 19.18%, ADSK belongs to the top of the industry, outperforming 92.83% of the companies in the same industry.
ADSK had an Average Return On Invested Capital over the past 3 years of 14.43%. This is above the industry average of 12.22%.
The last Return On Invested Capital (19.18%) for ADSK is above the 3 year average (14.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.77% | ||
| ROE | 41.7% | ||
| ROIC | 19.18% |
ROA(3y)7.88%
ROA(5y)8.74%
ROE(3y)59.75%
ROE(5y)N/A
ROIC(3y)14.43%
ROIC(5y)13.2%
1.3 Margins
With an excellent Profit Margin value of 18.30%, ADSK belongs to the best of the industry, outperforming 85.66% of the companies in the same industry.
In the last couple of years the Profit Margin of ADSK has declined.
The Operating Margin of ADSK (21.86%) is better than 88.89% of its industry peers.
In the last couple of years the Operating Margin of ADSK has grown nicely.
Looking at the Gross Margin, with a value of 90.71%, ADSK belongs to the top of the industry, outperforming 97.13% of the companies in the same industry.
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 | 21.86% | ||
| PM (TTM) | 18.3% | ||
| GM | 90.71% |
OM growth 3Y7.33%
OM growth 5Y98.99%
PM growth 3Y-19.74%
PM growth 5YN/A
GM growth 3Y-0.15%
GM growth 5Y0.41%
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.
Compared to 1 year ago, ADSK has less shares outstanding
The number of shares outstanding for ADSK has been reduced compared to 5 years ago.
ADSK has a better debt/assets ratio than last year.
2.2 Solvency
ADSK has an Altman-Z score of 5.83. This indicates that ADSK is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.83, ADSK is in the better half of the industry, outperforming 67.03% of the companies in the same industry.
The Debt to FCF ratio of ADSK is 1.82, which is an excellent value as it means it would take ADSK, only 1.82 years of fcf income to pay off all of its debts.
ADSK has a better Debt to FCF ratio (1.82) than 67.38% of its industry peers.
ADSK has a Debt/Equity ratio of 0.76. This is a neutral value indicating ADSK is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.76, ADSK is doing worse than 73.12% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for ADSK, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 1.82 | ||
| Altman-Z | 5.83 |
ROIC/WACC1.63
WACC11.79%
2.3 Liquidity
A Current Ratio of 0.65 indicates that ADSK may have some problems paying its short term obligations.
ADSK has a worse Current ratio (0.65) than 89.25% of its industry peers.
A Quick Ratio of 0.65 indicates that ADSK may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.65, ADSK is doing worse than 88.53% of the companies in the same industry.
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 | 0.65 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.04% over the past year.
ADSK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 50.10% yearly.
The Revenue has grown by 11.50% in the past year. This is quite good.
Measured over the past years, ADSK shows a quite strong growth in Revenue. The Revenue has been growing by 16.42% on average per year.
EPS 1Y (TTM)12.04%
EPS 3Y23.45%
EPS 5Y50.1%
EPS Q2Q%4.83%
Revenue 1Y (TTM)11.5%
Revenue growth 3Y13.19%
Revenue growth 5Y16.42%
Sales Q2Q%11.03%
3.2 Future
The Earnings Per Share is expected to grow by 13.85% on average over the next years. This is quite good.
Based on estimates for the next years, ADSK will show a quite strong growth in Revenue. The Revenue will grow by 11.02% on average per year.
EPS Next Y11.23%
EPS Next 2Y11.1%
EPS Next 3Y12.36%
EPS Next 5Y13.85%
Revenue Next Year12.16%
Revenue Next 2Y12.36%
Revenue Next 3Y11.9%
Revenue Next 5Y11.02%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
ADSK is valuated quite expensively with a Price/Earnings ratio of 36.38.
Based on the Price/Earnings ratio, ADSK is valued a bit cheaper than the industry average as 69.18% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.54, ADSK is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 32.02, the valuation of ADSK can be described as expensive.
66.31% of the companies in the same industry are more expensive than ADSK, based on the Price/Forward Earnings ratio.
ADSK's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 23.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.38 | ||
| Fwd PE | 32.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ADSK is valued a bit cheaper than 69.18% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ADSK is valued a bit cheaper than 64.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.65 | ||
| EV/EBITDA | 44.14 |
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.
ADSK's earnings are expected to grow with 12.36% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.24
PEG (5Y)0.73
EPS Next 2Y11.1%
EPS Next 3Y12.36%
5. Dividend
5.1 Amount
ADSK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AUTODESK INC
NASDAQ:ADSK (12/24/2024, 7:54:05 PM)
After market: 301.23 0 (0%)301.23
+3.74 (+1.26%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners94.67%
Inst Owner Change-1.7%
Ins Owners0.15%
Ins Owner Change3.87%
Market Cap64.76B
Analysts78.29
Price Target329.14 (9.27%)
Short Float %1.25%
Short Ratio1.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/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)2.89%
Min EPS beat(2)0.48%
Max EPS beat(2)5.3%
EPS beat(4)4
Avg EPS beat(4)3.63%
Min EPS beat(4)0.48%
Max EPS beat(4)5.3%
EPS beat(8)7
Avg EPS beat(8)2.94%
EPS beat(12)10
Avg EPS beat(12)2.59%
EPS beat(16)14
Avg EPS beat(16)3.46%
Revenue beat(2)0
Avg Revenue beat(2)-0.98%
Min Revenue beat(2)-1.51%
Max Revenue beat(2)-0.46%
Revenue beat(4)1
Avg Revenue beat(4)-0.51%
Min Revenue beat(4)-1.51%
Max Revenue beat(4)0.62%
Revenue beat(8)1
Avg Revenue beat(8)-0.71%
Revenue beat(12)2
Avg Revenue beat(12)-0.76%
Revenue beat(16)4
Avg Revenue beat(16)-0.66%
PT rev (1m)7.59%
PT rev (3m)18.24%
EPS NQ rev (1m)-1.5%
EPS NQ rev (3m)-1.5%
EPS NY rev (1m)0.43%
EPS NY rev (3m)0.73%
Revenue NQ rev (1m)0.61%
Revenue NQ rev (3m)0.61%
Revenue NY rev (1m)0.24%
Revenue NY rev (3m)0.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.38 | ||
| Fwd PE | 32.02 | ||
| P/S | 10.86 | ||
| P/FCF | 51.65 | ||
| P/OCF | 47.9 | ||
| P/B | 24.76 | ||
| P/tB | N/A | ||
| EV/EBITDA | 44.14 |
EPS(TTM)8.28
EY2.75%
EPS(NY)9.41
Fwd EY3.12%
FCF(TTM)5.83
FCFY1.94%
OCF(TTM)6.29
OCFY2.09%
SpS27.73
BVpS12.17
TBVpS-10.39
PEG (NY)3.24
PEG (5Y)0.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.77% | ||
| ROE | 41.7% | ||
| ROCE | 23% | ||
| ROIC | 19.18% | ||
| ROICexc | 27.49% | ||
| ROICexgc | N/A | ||
| OM | 21.86% | ||
| PM (TTM) | 18.3% | ||
| GM | 90.71% | ||
| FCFM | 21.04% |
ROA(3y)7.88%
ROA(5y)8.74%
ROE(3y)59.75%
ROE(5y)N/A
ROIC(3y)14.43%
ROIC(5y)13.2%
ROICexc(3y)23.68%
ROICexc(5y)24.18%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)17.3%
ROCE(5y)15.83%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y5.45%
ROICexc growth 5Y97.02%
OM growth 3Y7.33%
OM growth 5Y98.99%
PM growth 3Y-19.74%
PM growth 5YN/A
GM growth 3Y-0.15%
GM growth 5Y0.41%
F-Score8
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 1.82 | ||
| Debt/EBITDA | 1.35 | ||
| Cap/Depr | 57.31% | ||
| Cap/Sales | 1.64% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 91.72% | ||
| Profit Quality | 114.94% | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 5.83 |
F-Score8
WACC11.79%
ROIC/WACC1.63
Cap/Depr(3y)39.82%
Cap/Depr(5y)47.74%
Cap/Sales(3y)1.18%
Cap/Sales(5y)1.54%
Profit Quality(3y)226.32%
Profit Quality(5y)284.98%
High Growth Momentum
Growth
EPS 1Y (TTM)12.04%
EPS 3Y23.45%
EPS 5Y50.1%
EPS Q2Q%4.83%
EPS Next Y11.23%
EPS Next 2Y11.1%
EPS Next 3Y12.36%
EPS Next 5Y13.85%
Revenue 1Y (TTM)11.5%
Revenue growth 3Y13.19%
Revenue growth 5Y16.42%
Sales Q2Q%11.03%
Revenue Next Year12.16%
Revenue Next 2Y12.36%
Revenue Next 3Y11.9%
Revenue Next 5Y11.02%
EBIT growth 1Y19.54%
EBIT growth 3Y21.49%
EBIT growth 5Y131.68%
EBIT Next Year19.77%
EBIT Next 3Y15.12%
EBIT Next 5Y13.72%
FCF growth 1Y-31.75%
FCF growth 3Y-2.27%
FCF growth 5Y32.2%
OCF growth 1Y-28.19%
OCF growth 3Y-2.97%
OCF growth 5Y28.34%