SPLUNK INC (SPLK) Fundamental Analysis & Valuation

NASDAQ:SPLK • US8486371045

Current stock price

156.9 USD
+0.39 (+0.25%)
At close:
156.92 USD
+0.02 (+0.01%)
After Hours:

This SPLK fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. SPLK Profitability Analysis

1.1 Basic Checks

  • SPLK had positive earnings in the past year.
  • SPLK had a positive operating cash flow in the past year.
  • In the past 5 years SPLK reported 4 times negative net income.
  • The reported operating cash flow has been mixed in the past 5 years: SPLK reported negative operating cash flow in multiple years.
SPLK Yearly Net Income VS EBIT VS OCF VS FCFSPLK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B -1B

1.2 Ratios

  • SPLK has a better Return On Assets (3.94%) than 79.64% of its industry peers.
  • With an excellent Return On Equity value of 35.62%, SPLK belongs to the best of the industry, outperforming 95.71% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 5.74%, SPLK belongs to the top of the industry, outperforming 81.79% of the companies in the same industry.
Industry RankSector Rank
ROA 3.94%
ROE 35.62%
ROIC 5.74%
ROA(3y)-7.85%
ROA(5y)-9.04%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
SPLK Yearly ROA, ROE, ROICSPLK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200 -200 -400 -600

1.3 Margins

  • The Profit Margin of SPLK (6.26%) is better than 79.29% of its industry peers.
  • SPLK's Operating Margin of 6.34% is fine compared to the rest of the industry. SPLK outperforms 76.07% of its industry peers.
  • With an excellent Gross Margin value of 79.80%, SPLK belongs to the best of the industry, outperforming 81.79% of the companies in the same industry.
  • SPLK's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 6.34%
PM (TTM) 6.26%
GM 79.8%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.87%
GM growth 5Y-0.28%
SPLK Yearly Profit, Operating, Gross MarginsSPLK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. SPLK Health Analysis

2.1 Basic Checks

  • SPLK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, SPLK has more shares outstanding
  • The number of shares outstanding for SPLK has been increased compared to 5 years ago.
  • Compared to 1 year ago, SPLK has an improved debt to assets ratio.
SPLK Yearly Shares OutstandingSPLK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
SPLK Yearly Total Debt VS Total AssetsSPLK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • An Altman-Z score of 2.98 indicates that SPLK is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of SPLK (2.98) is comparable to the rest of the industry.
  • SPLK has a debt to FCF ratio of 3.15. This is a good value and a sign of high solvency as SPLK would need 3.15 years to pay back of all of its debts.
  • SPLK has a Debt to FCF ratio of 3.15. This is in the better half of the industry: SPLK outperforms 68.93% of its industry peers.
  • SPLK has a Debt/Equity ratio of 4.20. This is a high value indicating a heavy dependency on external financing.
  • SPLK has a Debt to Equity ratio of 4.20. This is amonst the worse of the industry: SPLK underperforms 85.71% of its industry peers.
Industry RankSector Rank
Debt/Equity 4.2
Debt/FCF 3.15
Altman-Z 2.98
ROIC/WACC0.62
WACC9.33%
SPLK Yearly LT Debt VS Equity VS FCFSPLK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 1.62 indicates that SPLK should not have too much problems paying its short term obligations.
  • With a Current ratio value of 1.62, SPLK perfoms like the industry average, outperforming 48.93% of the companies in the same industry.
  • SPLK has a Quick Ratio of 1.62. This is a normal value and indicates that SPLK is financially healthy and should not expect problems in meeting its short term obligations.
  • SPLK has a Quick ratio (1.62) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.62
Quick Ratio 1.62
SPLK Yearly Current Assets VS Current LiabilitesSPLK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. SPLK Growth Analysis

3.1 Past

  • SPLK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 105.68%, which is quite impressive.
  • SPLK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 32.69% yearly.
  • The Revenue has grown by 15.38% in the past year. This is quite good.
  • SPLK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.51% yearly.
EPS 1Y (TTM)105.68%
EPS 3YN/A
EPS 5Y32.69%
EPS Q2Q%48.04%
Revenue 1Y (TTM)15.38%
Revenue growth 3Y23.66%
Revenue growth 5Y18.51%
Sales Q2Q%18.79%

3.2 Future

  • Based on estimates for the next years, SPLK will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.06% on average per year.
  • The Revenue is expected to grow by 16.00% on average over the next years. This is quite good.
EPS Next Y5.2%
EPS Next 2Y12.36%
EPS Next 3Y23.71%
EPS Next 5Y16.06%
Revenue Next Year15.29%
Revenue Next 2Y14.66%
Revenue Next 3Y14%
Revenue Next 5Y16%

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.
  • 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.
SPLK Yearly Revenue VS EstimatesSPLK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2B 4B 6B 8B 10B
SPLK Yearly EPS VS EstimatesSPLK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 5 10

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Find the best growth stocksShow best growing peers

4

4. SPLK Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 28.90, which means the current valuation is very expensive for SPLK.
  • Compared to the rest of the industry, the Price/Earnings ratio of SPLK indicates a somewhat cheap valuation: SPLK is cheaper than 79.64% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 26.78, SPLK is valued at the same level.
  • The Price/Forward Earnings ratio is 27.47, which means the current valuation is very expensive for SPLK.
  • SPLK's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SPLK is cheaper than 75.36% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of SPLK to the average of the S&P500 Index (23.54), we can say SPLK is valued inline with the index average.
Industry RankSector Rank
PE 28.9
Fwd PE 27.47
SPLK Price Earnings VS Forward Price EarningsSPLK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 66.07% of the companies in the same industry are more expensive than SPLK, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPLK indicates a rather cheap valuation: SPLK is cheaper than 81.79% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 26.82
EV/EBITDA 76.39
SPLK Per share dataSPLK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • SPLK's earnings are expected to grow with 23.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)5.56
PEG (5Y)0.88
EPS Next 2Y12.36%
EPS Next 3Y23.71%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. SPLK Dividend Analysis

5.1 Amount

  • SPLK does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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Find the best dividend stocksShow peers with best dividend

SPLK Fundamentals: All Metrics, Ratios and Statistics

SPLUNK INC

NASDAQ:SPLK (3/15/2024, 8:07:38 PM)

After market: 156.92 +0.02 (+0.01%)

156.9

+0.39 (+0.25%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-27
Earnings (Next)05-22
Inst Owners8.43%
Inst Owner Change0%
Ins Owners1.38%
Ins Owner Change0%
Market Cap26.44B
Revenue(TTM)4.22B
Net Income(TTM)263.80M
Analysts66.32
Price Target153.96 (-1.87%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)41.29%
Min EPS beat(2)30.73%
Max EPS beat(2)51.85%
EPS beat(4)4
Avg EPS beat(4)93.63%
Min EPS beat(4)30.73%
Max EPS beat(4)236.74%
EPS beat(8)8
Avg EPS beat(8)107.12%
EPS beat(12)11
Avg EPS beat(12)109.14%
EPS beat(16)14
Avg EPS beat(16)118.87%
Revenue beat(2)2
Avg Revenue beat(2)7.85%
Min Revenue beat(2)1.65%
Max Revenue beat(2)14.06%
Revenue beat(4)4
Avg Revenue beat(4)4.62%
Min Revenue beat(4)0.76%
Max Revenue beat(4)14.06%
Revenue beat(8)8
Avg Revenue beat(8)6.3%
Revenue beat(12)12
Avg Revenue beat(12)5.84%
Revenue beat(16)13
Avg Revenue beat(16)3.4%
PT rev (1m)0%
PT rev (3m)0.89%
EPS NQ rev (1m)11.63%
EPS NQ rev (3m)30.86%
EPS NY rev (1m)11.32%
EPS NY rev (3m)19.58%
Revenue NQ rev (1m)1.21%
Revenue NQ rev (3m)1.43%
Revenue NY rev (1m)2.93%
Revenue NY rev (3m)4.32%
Valuation
Industry RankSector Rank
PE 28.9
Fwd PE 27.47
P/S 6.27
P/FCF 26.82
P/OCF 26.22
P/B 35.7
P/tB N/A
EV/EBITDA 76.39
EPS(TTM)5.43
EY3.46%
EPS(NY)5.71
Fwd EY3.64%
FCF(TTM)5.85
FCFY3.73%
OCF(TTM)5.98
OCFY3.81%
SpS25.02
BVpS4.4
TBVpS-4.41
PEG (NY)5.56
PEG (5Y)0.88
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 3.94%
ROE 35.62%
ROCE 6.47%
ROIC 5.74%
ROICexc 11.15%
ROICexgc 36.93%
OM 6.34%
PM (TTM) 6.26%
GM 79.8%
FCFM 23.38%
ROA(3y)-7.85%
ROA(5y)-9.04%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.87%
GM growth 5Y-0.28%
F-Score8
Asset Turnover0.63
Health
Industry RankSector Rank
Debt/Equity 4.2
Debt/FCF 3.15
Debt/EBITDA 8.73
Cap/Depr 25.62%
Cap/Sales 0.54%
Interest Coverage 250
Cash Conversion 283.41%
Profit Quality 373.63%
Current Ratio 1.62
Quick Ratio 1.62
Altman-Z 2.98
F-Score8
WACC9.33%
ROIC/WACC0.62
Cap/Depr(3y)22.77%
Cap/Depr(5y)55.33%
Cap/Sales(3y)0.63%
Cap/Sales(5y)1.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)105.68%
EPS 3YN/A
EPS 5Y32.69%
EPS Q2Q%48.04%
EPS Next Y5.2%
EPS Next 2Y12.36%
EPS Next 3Y23.71%
EPS Next 5Y16.06%
Revenue 1Y (TTM)15.38%
Revenue growth 3Y23.66%
Revenue growth 5Y18.51%
Sales Q2Q%18.79%
Revenue Next Year15.29%
Revenue Next 2Y14.66%
Revenue Next 3Y14%
Revenue Next 5Y16%
EBIT growth 1Y213.43%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year55.76%
EBIT Next 3Y18.62%
EBIT Next 5YN/A
FCF growth 1Y130.72%
FCF growth 3YN/A
FCF growth 5Y29.25%
OCF growth 1Y124.28%
OCF growth 3YN/A
OCF growth 5Y27.74%

SPLUNK INC / SPLK Fundamental Analysis FAQ

What is the ChartMill fundamental rating of SPLUNK INC (SPLK) stock?

ChartMill assigns a fundamental rating of 5 / 10 to SPLK.


What is the valuation status for SPLK stock?

ChartMill assigns a valuation rating of 4 / 10 to SPLUNK INC (SPLK). This can be considered as Fairly Valued.


How profitable is SPLUNK INC (SPLK) stock?

SPLUNK INC (SPLK) has a profitability rating of 5 / 10.


Can you provide the PE and PB ratios for SPLK stock?

The Price/Earnings (PE) ratio for SPLUNK INC (SPLK) is 28.9 and the Price/Book (PB) ratio is 35.7.


Can you provide the financial health for SPLK stock?

The financial health rating of SPLUNK INC (SPLK) is 4 / 10.