AUTODESK INC (ADSK)

US0527691069 - Common Stock

260.97  -0.7 (-0.27%)

After market: 260.97 0 (0%)

Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to ADSK. ADSK was compared to 279 industry peers in the Software industry. ADSK scores excellent on profitability, but there are some minor concerns on its financial health. ADSK is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make ADSK a good candidate for growth investing.



9

1. Profitability

1.1 Basic Checks

ADSK had positive earnings in the past year.
ADSK had a positive operating cash flow in the past year.
ADSK had positive earnings in each of the past 5 years.
Each year in the past 5 years ADSK had a positive operating cash flow.

1.2 Ratios

The Return On Assets of ADSK (9.14%) is better than 91.01% of its industry peers.
ADSK has a Return On Equity of 48.84%. This is amongst the best in the industry. ADSK outperforms 97.84% of its industry peers.
ADSK has a better Return On Invested Capital (16.91%) than 94.96% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ADSK is above the industry average of 10.09%.
The last Return On Invested Capital (16.91%) for ADSK is above the 3 year average (14.43%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 9.14%
ROE 48.84%
ROIC 16.91%
ROA(3y)7.88%
ROA(5y)8.74%
ROE(3y)59.75%
ROE(5y)N/A
ROIC(3y)14.43%
ROIC(5y)13.2%

1.3 Margins

The Profit Margin of ADSK (16.48%) is better than 87.77% of its industry peers.
ADSK's Profit Margin has declined in the last couple of years.
ADSK's Operating Margin of 20.52% is amongst the best of the industry. ADSK outperforms 91.01% of its industry peers.
In the last couple of years the Operating Margin of ADSK has grown nicely.
With an excellent Gross Margin value of 90.70%, ADSK belongs to the best of the industry, outperforming 98.20% 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 RankSector Rank
OM 20.52%
PM (TTM) 16.48%
GM 90.7%
OM growth 3Y7.33%
OM growth 5Y98.99%
PM growth 3Y-19.74%
PM growth 5YN/A
GM growth 3Y-0.15%
GM growth 5Y0.41%

5

2. Health

2.1 Basic Checks

ADSK has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
ADSK has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, ADSK has less shares outstanding
Compared to 1 year ago, ADSK has an improved debt to assets ratio.

2.2 Solvency

An Altman-Z score of 4.75 indicates that ADSK is not in any danger for bankruptcy at the moment.
ADSK has a better Altman-Z score (4.75) than 67.63% of its industry peers.
The Debt to FCF ratio of ADSK is 1.82, which is an excellent value as it means it would take ADSK, only 1.82 years of fcf income to pay off all of its debts.
ADSK has a Debt to FCF ratio of 1.82. This is in the better half of the industry: ADSK outperforms 73.02% of its industry peers.
ADSK has a Debt/Equity ratio of 1.23. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of ADSK (1.23) is worse than 76.98% of its industry peers.
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 RankSector Rank
Debt/Equity 1.23
Debt/FCF 1.82
Altman-Z 4.75
ROIC/WACC1.81
WACC9.34%

2.3 Liquidity

A Current Ratio of 0.82 indicates that ADSK may have some problems paying its short term obligations.
ADSK has a Current ratio of 0.82. This is amonst the worse of the industry: ADSK underperforms 85.61% of its industry peers.
A Quick Ratio of 0.82 indicates that ADSK may have some problems paying its short term obligations.
ADSK has a Quick ratio of 0.82. This is amonst the worse of the industry: ADSK underperforms 84.53% of its industry peers.
Industry RankSector Rank
Current Ratio 0.82
Quick Ratio 0.82

7

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 14.76% over the past year.
Measured over the past years, ADSK shows a very strong growth in Earnings Per Share. The EPS has been growing by 50.10% on average per year.
Looking at the last year, ADSK shows a quite strong growth in Revenue. The Revenue has grown by 9.83% in the last year.
The Revenue has been growing by 16.42% on average over the past years. This is quite good.
EPS 1Y (TTM)14.76%
EPS 3Y23.45%
EPS 5Y50.1%
EPS growth Q2Q12.37%
Revenue 1Y (TTM)9.83%
Revenue growth 3Y13.19%
Revenue growth 5Y16.42%
Revenue growth Q2Q11.46%

3.2 Future

Based on estimates for the next years, ADSK will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.67% on average per year.
ADSK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.53% yearly.
EPS Next Y8.5%
EPS Next 2Y10.58%
EPS Next 3Y11.48%
EPS Next 5Y13.67%
Revenue Next Year10.31%
Revenue Next 2Y10.87%
Revenue Next 3Y10.58%
Revenue Next 5Y10.53%

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 estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 34.25, which means the current valuation is very expensive for ADSK.
ADSK's Price/Earnings ratio is a bit cheaper when compared to the industry. ADSK is cheaper than 75.54% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.42, ADSK is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 31.56, the valuation of ADSK can be described as expensive.
71.22% 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 (22.74), we can say ADSK is valued slightly more expensively.
Industry RankSector Rank
PE 34.25
Fwd PE 31.56

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ADSK indicates a somewhat cheap valuation: ADSK is cheaper than 73.02% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ADSK is valued a bit cheaper than the industry average as 67.63% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 44.59
EV/EBITDA 43.81

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ADSK does not grow enough to justify the current Price/Earnings ratio.
ADSK has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)4.03
PEG (5Y)0.68
EPS Next 2Y10.58%
EPS Next 3Y11.48%

0

5. Dividend

5.1 Amount

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

AUTODESK INC

NASDAQ:ADSK (3/27/2024, 8:00:00 PM)

After market: 260.97 0 (0%)

260.97

-0.7 (-0.27%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap55.83B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield N/A
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 34.25
Fwd PE 31.56
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)4.03
PEG (5Y)0.68
Profitability
Industry RankSector Rank
ROA 9.14%
ROE 48.84%
ROCE
ROIC
ROICexc
ROICexgc
OM 20.52%
PM (TTM) 16.48%
GM 90.7%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.55
Health
Industry RankSector Rank
Debt/Equity 1.23
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.82
Quick Ratio 0.82
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)14.76%
EPS 3Y23.45%
EPS 5Y
EPS growth Q2Q
EPS Next Y8.5%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)9.83%
Revenue growth 3Y13.19%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y