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

We assign a fundamental rating of 5 out of 10 to SPLK. SPLK was compared to 276 industry peers in the Software industry. Both the profitability and the financial health of SPLK get a neutral evaluation. Nothing too spectacular is happening here. SPLK is growing strongly while it is still valued neutral. This is a good combination!


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • SPLK had positive earnings in the past year.
  • 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 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.
  • SPLK's Return On Invested Capital of 5.74% is amongst the best of the industry. SPLK outperforms 81.79% of its industry peers.
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

  • SPLK has a better Profit Margin (6.26%) than 79.29% of its industry peers.
  • SPLK has a better Operating Margin (6.34%) than 76.07% of its industry peers.
  • SPLK's Gross Margin of 79.80% is amongst the best of the industry. SPLK outperforms 81.79% of its industry peers.
  • 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. 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
  • 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

  • SPLK has an Altman-Z score of 2.98. This is not the best score and indicates that SPLK is in the grey zone with still only limited risk for bankruptcy at the moment.
  • SPLK's Altman-Z score of 2.98 is in line compared to the rest of the industry. SPLK outperforms 57.14% of its industry peers.
  • 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 better Debt to FCF ratio (3.15) than 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.
  • The Debt to Equity ratio of SPLK (4.20) is worse 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's Current ratio of 1.62 is in line compared to the rest of the industry. SPLK outperforms 48.93% of its industry peers.
  • 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. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 105.68% over the past year.
  • Measured over the past years, SPLK shows a very strong growth in Earnings Per Share. The EPS has been growing by 32.69% on average per year.
  • Looking at the last year, SPLK shows a quite strong growth in Revenue. The Revenue has grown by 15.38% in the last year.
  • The Revenue has been growing by 18.51% on average over the past years. This is quite good.
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

  • SPLK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.06% yearly.
  • Based on estimates for the next years, SPLK will show a quite strong growth in Revenue. The Revenue will grow by 16.00% on average per year.
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.
  • 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

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 28.90 indicates a quite expensive valuation of 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.
  • SPLK is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.68, which is the current average of the S&P500 Index.
  • SPLK is valuated quite expensively with a Price/Forward Earnings ratio of 27.47.
  • 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.
  • When comparing the Price/Forward Earnings ratio of SPLK to the average of the S&P500 Index (28.06), 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 40

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SPLK indicates a somewhat cheap valuation: SPLK is cheaper than 66.07% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, SPLK is valued cheaply inside the industry as 81.79% of the companies are valued more expensively.
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 SPLK does not grow enough to justify the current Price/Earnings ratio.
  • 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%

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

0

5. Dividend

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

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.