NUTANIX INC - A (NTNX) Stock Fundamental Analysis
NASDAQ:NTNX - Nasdaq - US67059N1081 - Common Stock - Currency: USD
Taking everything into account, NTNX scores 4 out of 10 in our fundamental rating. NTNX was compared to 284 industry peers in the Software industry. Both the profitability and the financial health of NTNX get a neutral evaluation. Nothing too spectacular is happening here. NTNX is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
NTNX had positive earnings in the past year.
NTNX had a positive operating cash flow in the past year.
In the past 5 years NTNX always reported negative net income.
The reported operating cash flow has been mixed in the past 5 years: NTNX reported negative operating cash flow in multiple years.
1.2 Ratios
NTNX's Return On Assets of 0.76% is fine compared to the rest of the industry. NTNX outperforms 66.90% of its industry peers.
NTNX's Return On Invested Capital of 5.96% is fine compared to the rest of the industry. NTNX outperforms 77.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | N/A | ||
| ROIC | 5.96% |
ROA(3y)-16.56%
ROA(5y)-28.9%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NTNX has a Profit Margin of 0.97%. This is in the better half of the industry: NTNX outperforms 67.25% of its industry peers.
The Operating Margin of NTNX (5.63%) is better than 71.83% of its industry peers.
With an excellent Gross Margin value of 86.36%, NTNX belongs to the best of the industry, outperforming 94.72% of the companies in the same industry.
NTNX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.63% | ||
| PM (TTM) | 0.97% | ||
| GM | 86.36% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.42%
GM growth 5Y2.41%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NTNX is destroying value.
NTNX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for NTNX has been increased compared to 5 years ago.
The debt/assets ratio for NTNX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.28 indicates that NTNX is not a great score, but indicates only limited risk for bankruptcy at the moment.
NTNX has a Altman-Z score (2.28) which is comparable to the rest of the industry.
The Debt to FCF ratio of NTNX is 1.76, which is an excellent value as it means it would take NTNX, only 1.76 years of fcf income to pay off all of its debts.
NTNX has a Debt to FCF ratio of 1.76. This is in the better half of the industry: NTNX outperforms 69.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 1.76 | ||
| Altman-Z | 2.28 |
ROIC/WACC0.68
WACC8.76%
2.3 Liquidity
A Current Ratio of 1.88 indicates that NTNX should not have too much problems paying its short term obligations.
With a Current ratio value of 1.88, NTNX perfoms like the industry average, outperforming 58.10% of the companies in the same industry.
A Quick Ratio of 1.88 indicates that NTNX should not have too much problems paying its short term obligations.
The Quick ratio of NTNX (1.88) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.88 |
3. Growth
3.1 Past
NTNX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 31.50%, which is quite impressive.
Looking at the last year, NTNX shows a quite strong growth in Revenue. The Revenue has grown by 16.11% in the last year.
The Revenue has been growing by 11.69% on average over the past years. This is quite good.
EPS 1Y (TTM)31.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%50%
Revenue 1Y (TTM)16.11%
Revenue growth 3Y15.51%
Revenue growth 5Y11.69%
Sales Q2Q%21.81%
3.2 Future
Based on estimates for the next years, NTNX will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.20% on average per year.
Based on estimates for the next years, NTNX will show a quite strong growth in Revenue. The Revenue will grow by 19.39% on average per year.
EPS Next Y35.37%
EPS Next 2Y23.4%
EPS Next 3Y19.2%
EPS Next 5YN/A
Revenue Next Year18.1%
Revenue Next 2Y16.81%
Revenue Next 3Y16.04%
Revenue Next 5Y19.39%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 44.47 indicates a quite expensive valuation of NTNX.
NTNX's Price/Earnings ratio is a bit cheaper when compared to the industry. NTNX is cheaper than 62.68% of the companies in the same industry.
NTNX's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.91.
Based on the Price/Forward Earnings ratio of 37.52, the valuation of NTNX can be described as expensive.
NTNX's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.46, NTNX is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.47 | ||
| Fwd PE | 37.52 |
4.2 Price Multiples
NTNX's Enterprise Value to EBITDA ratio is in line with the industry average.
NTNX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NTNX is cheaper than 76.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.83 | ||
| EV/EBITDA | 87.11 |
4.3 Compensation for Growth
NTNX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
NTNX's earnings are expected to grow with 19.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.26
PEG (5Y)N/A
EPS Next 2Y23.4%
EPS Next 3Y19.2%
5. Dividend
5.1 Amount
No dividends for NTNX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
74.27
+0.99 (+1.35%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners82.84%
Inst Owner Change1.45%
Ins Owners0.3%
Ins Owner Change-1.65%
Market Cap19.80B
Analysts82.5
Price Target93.38 (25.73%)
Short Float %2.61%
Short Ratio2.32
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)12.68%
Min EPS beat(2)8.38%
Max EPS beat(2)16.99%
EPS beat(4)4
Avg EPS beat(4)22.51%
Min EPS beat(4)8.38%
Max EPS beat(4)32.66%
EPS beat(8)8
Avg EPS beat(8)40.22%
EPS beat(12)12
Avg EPS beat(12)53.91%
EPS beat(16)16
Avg EPS beat(16)55.36%
Revenue beat(2)2
Avg Revenue beat(2)0.04%
Min Revenue beat(2)0%
Max Revenue beat(2)0.07%
Revenue beat(4)4
Avg Revenue beat(4)0.36%
Min Revenue beat(4)0%
Max Revenue beat(4)1.33%
Revenue beat(8)6
Avg Revenue beat(8)0.44%
Revenue beat(12)10
Avg Revenue beat(12)1.44%
Revenue beat(16)12
Avg Revenue beat(16)1.43%
PT rev (1m)4.37%
PT rev (3m)2.43%
EPS NQ rev (1m)26.98%
EPS NQ rev (3m)26.98%
EPS NY rev (1m)5.99%
EPS NY rev (3m)15.07%
Revenue NQ rev (1m)0.34%
Revenue NQ rev (3m)0.34%
Revenue NY rev (1m)0.62%
Revenue NY rev (3m)1.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.47 | ||
| Fwd PE | 37.52 | ||
| P/S | 8.14 | ||
| P/FCF | 25.83 | ||
| P/OCF | 23.39 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 87.11 |
EPS(TTM)1.67
EY2.25%
EPS(NY)1.98
Fwd EY2.67%
FCF(TTM)2.88
FCFY3.87%
OCF(TTM)3.17
OCFY4.27%
SpS9.12
BVpS-2.67
TBVpS-3.37
PEG (NY)1.26
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.76% | ||
| ROE | N/A | ||
| ROCE | 7.55% | ||
| ROIC | 5.96% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 5.63% | ||
| PM (TTM) | 0.97% | ||
| GM | 86.36% | ||
| FCFM | 31.52% |
ROA(3y)-16.56%
ROA(5y)-28.9%
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
ROICexcg growth 3YN/A
ROICexcg 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 3Y2.42%
GM growth 5Y2.41%
F-Score9
Asset Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 1.76 | ||
| Debt/EBITDA | 6.42 | ||
| Cap/Depr | 110.06% | ||
| Cap/Sales | 3.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 403.82% | ||
| Profit Quality | 3246.46% | ||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.88 | ||
| Altman-Z | 2.28 |
F-Score9
WACC8.76%
ROIC/WACC0.68
Cap/Depr(3y)81.4%
Cap/Depr(5y)80.34%
Cap/Sales(3y)3.37%
Cap/Sales(5y)4.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)31.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%50%
EPS Next Y35.37%
EPS Next 2Y23.4%
EPS Next 3Y19.2%
EPS Next 5YN/A
Revenue 1Y (TTM)16.11%
Revenue growth 3Y15.51%
Revenue growth 5Y11.69%
Sales Q2Q%21.81%
Revenue Next Year18.1%
Revenue Next 2Y16.81%
Revenue Next 3Y16.04%
Revenue Next 5Y19.39%
EBIT growth 1Y2045.36%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year64.37%
EBIT Next 3Y37.24%
EBIT Next 5YN/A
FCF growth 1Y315.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y235.83%
OCF growth 3YN/A
OCF growth 5Y73.99%