AUTODESK INC (ADSK) Stock Fundamental Analysis
USA - NASDAQ:ADSK - US0527691069 - Common Stock
300.77 USD
+3.69 (+1.24%)
300.32 USD
-0.45 (-0.15%)
ADSK gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 285 industry peers in the Software industry. ADSK scores excellent on profitability, but there are some minor concerns on its financial health. ADSK is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make ADSK a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
In the past year ADSK was profitable.
In the past year ADSK had a positive cash flow from operations.
In the past 5 years ADSK has always been profitable.
Each year in the past 5 years ADSK had a positive operating cash flow.
1.2 Ratios
ADSK has a Return On Assets of 9.61%. This is amongst the best in the industry. ADSK outperforms 84.91% of its industry peers.
Looking at the Return On Equity, with a value of 38.42%, ADSK belongs to the top of the industry, outperforming 93.68% 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 93.68% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital 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 80.35% of its industry peers.
ADSK's Profit Margin has improved in the last couple of years.
ADSK has a better Operating Margin (22.94%) than 89.12% of its industry peers.
ADSK's Operating Margin has improved in the last couple of years.
ADSK's Gross Margin of 90.61% is amongst the best of the industry. ADSK outperforms 98.60% of its industry peers.
ADSK's Gross Margin has been stable in the last couple of years.
| 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.
ADSK has a better debt/assets ratio than last year.
2.2 Solvency
ADSK has an Altman-Z score of 5.42. This indicates that ADSK is financially healthy and has little risk of bankruptcy at the moment.
ADSK has a better Altman-Z score (5.42) than 71.58% 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 Debt to FCF ratio of 1.34. This is in the better half of the industry: ADSK outperforms 72.98% 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.
Looking at the Debt to Equity ratio, with a value of 0.91, ADSK is doing worse than 72.63% of the companies in the same industry.
Although ADSK does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.91 | ||
| Debt/FCF | 1.34 | ||
| Altman-Z | 5.42 |
ROIC/WACC1.78
WACC10.85%
2.3 Liquidity
ADSK has a Current 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 has a Current ratio of 0.76. This is amonst the worse of the industry: ADSK underperforms 81.75% 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 has a Quick ratio of 0.76. This is amonst the worse of the industry: ADSK underperforms 81.40% 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
Looking at the last year, ADSK shows a quite strong growth in Revenue. The Revenue has grown by 13.78% in the last year.
The Revenue has been growing by 13.37% on average over the past years. This is quite good.
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.
Based on estimates for the next years, ADSK will show a quite strong growth in Revenue. The Revenue will grow by 11.95% on average per year.
EPS Next Y19.66%
EPS Next 2Y16.78%
EPS Next 3Y16.54%
EPS Next 5Y16.72%
Revenue Next Year15.35%
Revenue Next 2Y13.3%
Revenue Next 3Y12.45%
Revenue Next 5Y11.95%
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 32.10, the valuation of ADSK can be described as expensive.
Based on the Price/Earnings ratio, ADSK is valued a bit cheaper than 65.61% of the companies in the same industry.
ADSK's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.76.
Based on the Price/Forward Earnings ratio of 26.01, the valuation of ADSK can be described as expensive.
67.02% of the companies in the same industry are more expensive than ADSK, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of ADSK to the average of the S&P500 Index (22.63), we can say ADSK is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.1 | ||
| Fwd PE | 26.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ADSK is valued a bit cheaper than 69.12% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ADSK is valued a bit cheaper than the industry average as 67.72% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.69 | ||
| EV/EBITDA | 37.14 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ADSK has an outstanding profitability rating, which may justify a higher PE ratio.
ADSK's earnings are expected to grow with 16.54% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.63
PEG (5Y)1.29
EPS Next 2Y16.78%
EPS Next 3Y16.54%
5. Dividend
5.1 Amount
ADSK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
300.77
+3.69 (+1.24%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners95.42%
Inst Owner Change-0.13%
Ins Owners0.2%
Ins Owner Change-0.68%
Market Cap64.06B
Revenue(TTM)6.61B
Net Income(TTM)1.04B
Analysts81.05
Price Target370.04 (23.03%)
Short Float %1.51%
Short Ratio2.13
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%
PT rev (3m)5.87%
EPS NQ rev (1m)0.25%
EPS NQ rev (3m)4.33%
EPS NY rev (1m)0.14%
EPS NY rev (3m)3.04%
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 | 32.1 | ||
| Fwd PE | 26.01 | ||
| P/S | 9.7 | ||
| P/FCF | 34.69 | ||
| P/OCF | 33.28 | ||
| P/B | 23.6 | ||
| P/tB | N/A | ||
| EV/EBITDA | 37.14 |
EPS(TTM)9.37
EY3.12%
EPS(NY)11.56
Fwd EY3.84%
FCF(TTM)8.67
FCFY2.88%
OCF(TTM)9.04
OCFY3%
SpS31.01
BVpS12.75
TBVpS-9.77
PEG (NY)1.63
PEG (5Y)1.29
Graham Number51.84
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%
ROICexgc growth 3YN/A
ROICexgc 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 | 5.42 |
F-Score6
WACC10.85%
ROIC/WACC1.78
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 Y19.66%
EPS Next 2Y16.78%
EPS Next 3Y16.54%
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 3Y12.45%
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%
AUTODESK INC / ADSK FAQ
What is the ChartMill fundamental rating of AUTODESK INC (ADSK) stock?
ChartMill assigns a fundamental rating of 7 / 10 to ADSK.
What is the valuation status of AUTODESK INC (ADSK) stock?
ChartMill assigns a valuation rating of 5 / 10 to AUTODESK INC (ADSK). This can be considered as Fairly Valued.
Can you provide the profitability details for AUTODESK INC?
AUTODESK INC (ADSK) has a profitability rating of 9 / 10.
What are the PE and PB ratios of AUTODESK INC (ADSK) stock?
The Price/Earnings (PE) ratio for AUTODESK INC (ADSK) is 32.1 and the Price/Book (PB) ratio is 23.6.
Can you provide the financial health for ADSK stock?
The financial health rating of AUTODESK INC (ADSK) is 6 / 10.