AUTODESK INC (ADSK) Stock Fundamental Analysis
USA - NASDAQ:ADSK - US0527691069 - Common Stock
299.82 USD
-5.26 (-1.72%)
299.81 USD
-0.01 (0%)
We assign a fundamental rating of 7 out of 10 to ADSK. ADSK was compared to 282 industry peers in the Software industry. While ADSK has a great profitability rating, there are some minor concerns on its financial health. ADSK is growing strongly while it is still valued neutral. This is a good combination! These ratings would make ADSK suitable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year ADSK was profitable.
ADSK had a positive operating cash flow in the past year.
Each year in the past 5 years ADSK has been profitable.
Each year in the past 5 years ADSK had a positive operating cash flow.
1.2 Ratios
ADSK has a better Return On Assets (9.61%) than 85.11% of its industry peers.
With an excellent Return On Equity value of 38.42%, ADSK belongs to the best of the industry, outperforming 93.97% of the companies in the same industry.
ADSK has a Return On Invested Capital of 19.28%. This is amongst the best in the industry. ADSK outperforms 93.62% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ADSK is above the industry average of 11.88%.
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 Profit Margin of 15.79%. This is amongst the best in the industry. ADSK outperforms 80.50% of its industry peers.
In the last couple of years the Profit Margin of ADSK has grown nicely.
The Operating Margin of ADSK (22.94%) is better than 89.01% of its industry peers.
ADSK's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 90.61%, ADSK belongs to the top of the industry, outperforming 98.58% 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 | 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.
The number of shares outstanding for ADSK has been reduced compared to 5 years ago.
Compared to 1 year ago, ADSK has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.46 indicates that ADSK is not in any danger for bankruptcy at the moment.
The Altman-Z score of ADSK (5.46) is better than 70.92% of its industry peers.
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 better Debt to FCF ratio (1.34) than 72.34% of its industry peers.
ADSK has a Debt/Equity ratio of 0.91. This is a neutral value indicating ADSK is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.91, ADSK is not doing good in the industry: 72.69% of the companies in the same industry are doing better.
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 | 0.91 | ||
| Debt/FCF | 1.34 | ||
| Altman-Z | 5.46 |
ROIC/WACC1.73
WACC11.17%
2.3 Liquidity
A Current Ratio of 0.76 indicates that ADSK may have some problems paying its short term obligations.
The Current ratio of ADSK (0.76) is worse than 81.91% 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 81.56% 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
The Revenue has grown by 13.78% in the past year. This is quite good.
ADSK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.37% yearly.
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 Y19.5%
EPS Next 2Y16.77%
EPS Next 3Y16.34%
EPS Next 5Y16.72%
Revenue Next Year15.35%
Revenue Next 2Y13.3%
Revenue Next 3Y12.41%
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 32.00 indicates a quite expensive valuation of ADSK.
Based on the Price/Earnings ratio, ADSK is valued a bit cheaper than 64.54% of the companies in the same industry.
ADSK's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.29.
Based on the Price/Forward Earnings ratio of 25.93, the valuation of ADSK can be described as expensive.
Based on the Price/Forward Earnings ratio, ADSK is valued a bit cheaper than the industry average as 66.31% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of ADSK to the average of the S&P500 Index (22.85), we can say ADSK is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32 | ||
| Fwd PE | 25.93 |
4.2 Price Multiples
ADSK's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ADSK is cheaper than 68.79% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ADSK is valued a bit cheaper than 68.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.58 | ||
| EV/EBITDA | 37.48 |
4.3 Compensation for Growth
ADSK's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of ADSK may justify a higher PE ratio.
A more expensive valuation may be justified as ADSK's earnings are expected to grow with 16.34% in the coming years.
PEG (NY)1.64
PEG (5Y)1.29
EPS Next 2Y16.77%
EPS Next 3Y16.34%
5. Dividend
5.1 Amount
ADSK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
299.82
-5.26 (-1.72%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners95.42%
Inst Owner Change0.01%
Ins Owners0.2%
Ins Owner Change-0.68%
Market Cap63.86B
Analysts81.05
Price Target370.04 (23.42%)
Short Float %1.59%
Short Ratio2.18
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)0.9%
PT rev (3m)6.97%
EPS NQ rev (1m)0.25%
EPS NQ rev (3m)4.33%
EPS NY rev (1m)2.86%
EPS NY rev (3m)2.9%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)1.88%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)1.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32 | ||
| Fwd PE | 25.93 | ||
| P/S | 9.67 | ||
| P/FCF | 34.58 | ||
| P/OCF | 33.17 | ||
| P/B | 23.52 | ||
| P/tB | N/A | ||
| EV/EBITDA | 37.48 |
EPS(TTM)9.37
EY3.13%
EPS(NY)11.56
Fwd EY3.86%
FCF(TTM)8.67
FCFY2.89%
OCF(TTM)9.04
OCFY3.01%
SpS31.01
BVpS12.75
TBVpS-9.77
PEG (NY)1.64
PEG (5Y)1.29
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 | 5.46 |
F-Score6
WACC11.17%
ROIC/WACC1.73
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 Y19.5%
EPS Next 2Y16.77%
EPS Next 3Y16.34%
EPS Next 5Y16.72%
Revenue 1Y (TTM)13.78%
Revenue growth 3Y11.81%
Revenue growth 5Y13.37%
Sales Q2Q%17.14%
Revenue Next Year15.35%
Revenue Next 2Y13.3%
Revenue Next 3Y12.41%
Revenue Next 5Y11.95%
EBIT growth 1Y17.35%
EBIT growth 3Y30.39%
EBIT growth 5Y31.85%
EBIT Next Year26.47%
EBIT Next 3Y17.35%
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%