AUTODESK INC (ADSK)
US0527691069 - Common Stock
ADSK gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 279 industry peers in the Software industry. ADSK scores excellent on profitability, but there are some minor concerns on its financial health. ADSK is valued quite expensive, but it does show an excellent growth. These ratings could make ADSK a good candidate 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.
ADSK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of ADSK (10.61%) is better than 88.89% of its industry peers.
With an excellent Return On Equity value of 42.72%, ADSK belongs to the best of the industry, outperforming 96.06% of the companies in the same industry.
ADSK's Return On Invested Capital of 19.14% is amongst the best of the industry. ADSK outperforms 93.55% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ADSK is above the industry average of 11.54%.
The last Return On Invested Capital (19.14%) for ADSK is above the 3 year average (14.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.61% | ||
| ROE | 42.72% | ||
| ROIC | 19.14% |
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
Looking at the Profit Margin, with a value of 18.21%, ADSK belongs to the top of the industry, outperforming 86.74% of the companies in the same industry.
ADSK's Profit Margin has declined in the last couple of years.
ADSK has a better Operating Margin (22.24%) than 91.04% of its industry peers.
ADSK's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 90.80%, ADSK belongs to the best of the industry, outperforming 97.85% of the companies in the same industry.
ADSK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.24% | ||
| PM (TTM) | 18.21% | ||
| GM | 90.8% |
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
ADSK has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, ADSK has less shares outstanding
ADSK has less shares outstanding than it did 5 years ago.
The debt/assets ratio for ADSK has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.07 indicates that ADSK is not in any danger for bankruptcy at the moment.
ADSK has a Altman-Z score of 6.07. This is in the better half of the industry: ADSK outperforms 67.03% of its industry peers.
ADSK has a debt to FCF ratio of 2.13. This is a good value and a sign of high solvency as ADSK would need 2.13 years to pay back of all of its debts.
ADSK has a Debt to FCF ratio of 2.13. This is in the better half of the industry: ADSK outperforms 66.67% of its industry peers.
A Debt/Equity ratio of 0.80 indicates that ADSK is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.80, ADSK is doing worse than 72.40% 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 | 0.8 | ||
| Debt/FCF | 2.13 | ||
| Altman-Z | 6.07 |
ROIC/WACC1.62
WACC11.81%
2.3 Liquidity
A Current Ratio of 0.64 indicates that ADSK may have some problems paying its short term obligations.
The Current ratio of ADSK (0.64) is worse than 89.96% of its industry peers.
A Quick Ratio of 0.64 indicates that ADSK may have some problems paying its short term obligations.
ADSK has a Quick ratio of 0.64. This is amonst the worse of the industry: ADSK underperforms 89.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
ADSK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.52%, which is quite good.
Measured over the past years, ADSK shows a very strong growth in Earnings Per Share. The EPS has been growing by 50.10% on average per year.
Looking at the last year, ADSK shows a quite strong growth in Revenue. The Revenue has grown by 11.38% in the last year.
The Revenue has been growing by 16.42% on average over the past years. This is quite good.
EPS 1Y (TTM)16.52%
EPS 3Y23.45%
EPS 5Y50.1%
EPS Q2Q%12.57%
Revenue 1Y (TTM)11.38%
Revenue growth 3Y13.19%
Revenue growth 5Y16.42%
Sales Q2Q%11.9%
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 14.88% yearly.
ADSK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.88% yearly.
EPS Next Y10.75%
EPS Next 2Y10.85%
EPS Next 3Y12.64%
EPS Next 5Y14.88%
Revenue Next Year11.89%
Revenue Next 2Y11.98%
Revenue Next 3Y11.8%
Revenue Next 5Y10.88%
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
Based on the Price/Earnings ratio of 39.28, the valuation of ADSK can be described as expensive.
ADSK's Price/Earnings ratio is a bit cheaper when compared to the industry. ADSK is cheaper than 68.46% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.96. ADSK is valued slightly more expensive when compared to this.
With a Price/Forward Earnings ratio of 34.31, ADSK can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ADSK indicates a somewhat cheap valuation: ADSK is cheaper than 64.87% of the companies listed in the same industry.
ADSK is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.28 | ||
| Fwd PE | 34.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ADSK is valued a bit cheaper than the industry average as 69.18% of the companies are valued more expensively.
ADSK's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 64.49 | ||
| EV/EBITDA | 46.8 |
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 12.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.65
PEG (5Y)0.78
EPS Next 2Y10.85%
EPS Next 3Y12.64%
5. Dividend
5.1 Amount
ADSK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AUTODESK INC
NASDAQ:ADSK (11/22/2024, 4:46:27 PM)
After market: 321.27 0 (0%)321.27
+5.86 (+1.86%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap69.07B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
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Div Incr Years
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Surprises & Revisions
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.28 | ||
| Fwd PE | 34.31 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.65
PEG (5Y)0.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.61% | ||
| ROE | 42.72% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 22.24% | ||
| PM (TTM) | 18.21% | ||
| GM | 90.8% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)16.52%
EPS 3Y23.45%
EPS 5Y
EPS Q2Q%
EPS Next Y10.75%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)11.38%
Revenue growth 3Y13.19%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
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FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y