SPLUNK INC (SPLK) Stock Fundamental Analysis

NASDAQ:SPLK • US8486371045

156.9 USD
+0.39 (+0.25%)
At close: Mar 15, 2024
156.92 USD
+0.02 (+0.01%)
After Hours: 3/15/2024, 8:07:38 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, SPLK scores 5 out of 10 in our fundamental rating. SPLK was compared to 277 industry peers in the Software industry. SPLK has only an average score on both its financial health and profitability. SPLK is not overvalued while it is showing excellent growth. This is an interesting combination.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year SPLK was profitable.
  • SPLK had a positive operating cash flow in the past year.
  • SPLK had negative earnings in 4 of the past 5 years.
  • 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 Return On Assets of 3.94%. This is in the better half of the industry: SPLK outperforms 79.64% of its industry peers.
  • SPLK has a better Return On Equity (35.62%) than 95.71% of its industry peers.
  • With an excellent Return On Invested Capital value of 5.74%, SPLK belongs to the best 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

  • Looking at the Profit Margin, with a value of 6.26%, SPLK is in the better half of the industry, outperforming 79.29% of the companies in the same industry.
  • With a decent Operating Margin value of 6.34%, SPLK is doing good in the industry, outperforming 76.07% of the companies in the same industry.
  • SPLK has a Gross Margin of 79.80%. This is amongst the best in the industry. SPLK outperforms 81.79% of its industry peers.
  • In the last couple of years the Gross Margin of SPLK has remained more or less at the same level.
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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so SPLK is destroying value.
  • Compared to 1 year ago, SPLK has more shares outstanding
  • Compared to 5 years ago, SPLK has more shares outstanding
  • SPLK has a better debt/assets ratio than last year.
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.
  • Looking at the Altman-Z score, with a value of 2.98, SPLK is in line with its industry, outperforming 57.14% of the companies in the same industry.
  • The Debt to FCF ratio of SPLK is 3.15, which is a good value as it means it would take SPLK, 3.15 years of fcf income to pay off all of its debts.
  • SPLK has a better Debt to FCF ratio (3.15) than 68.93% of its industry peers.
  • A Debt/Equity ratio of 4.20 is on the high side and indicates that SPLK has dependencies on debt financing.
  • SPLK has a worse Debt to Equity ratio (4.20) than 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

  • SPLK has a Current 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 Current ratio (1.62) which is comparable to the rest of the 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 of 1.62. This is comparable to the rest of the industry: SPLK outperforms 50.36% of its industry peers.
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

More info and screens

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

7

3. Growth

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.
  • The Earnings Per Share has been growing by 32.69% on average over the past years. This is a very strong growth
  • Looking at the last year, SPLK shows a quite strong growth in Revenue. The Revenue has grown by 15.38% in the last year.
  • Measured over the past years, SPLK shows a quite strong growth in Revenue. The Revenue has been growing by 18.51% on average per year.
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.
  • SPLK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.00% yearly.
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

  • 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.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
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

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 28.90, SPLK can be considered very expensive at the moment.
  • Based on the Price/Earnings ratio, SPLK is valued a bit cheaper than 79.64% of the companies in the same industry.
  • SPLK is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.97, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 27.47, the valuation of SPLK can be described as expensive.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of SPLK indicates a somewhat cheap valuation: SPLK is cheaper than 75.36% of the companies listed in the same industry.
  • SPLK's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.96.
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 40

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.
  • SPLK's Price/Free Cash Flow ratio is rather cheap when compared to the industry. SPLK is cheaper than 81.79% of the companies 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.
  • A more expensive valuation may be justified as SPLK's earnings are expected to grow with 23.71% in the coming years.
PEG (NY)5.56
PEG (5Y)0.88
EPS Next 2Y12.36%
EPS Next 3Y23.71%

More info and screens

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

0

5. Dividend

5.1 Amount

  • No dividends for SPLK!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

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 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 of SPLUNK INC (SPLK) stock?

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


Can you provide the profitability details for SPLUNK INC?

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


What are the PE and PB ratios of SPLUNK INC (SPLK) stock?

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


What is the earnings growth outlook for SPLUNK INC?

The Earnings per Share (EPS) of SPLUNK INC (SPLK) is expected to grow by 5.2% in the next year.