WORKIVA INC (WK)
US98139A1051 - Common Stock
Taking everything into account, WK scores 3 out of 10 in our fundamental rating. WK was compared to 277 industry peers in the Software industry. The financial health of WK is average, but there are quite some concerns on its profitability. WK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
WK had negative earnings in the past year.
In the past year WK had a positive cash flow from operations.
WK had negative earnings in each of the past 5 years.
WK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of WK (-7.74%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.74% | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)-8.78%
ROA(5y)-8.12%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of WK (76.01%) is better than 71.38% of its industry peers.
In the last couple of years the Gross Margin of WK has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for WK so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 76.01% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.52%
GM growth 5Y0.66%
2. Health
2.1 Basic Checks
WK does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for WK has been increased compared to 1 year ago.
Compared to 5 years ago, WK has more shares outstanding
The debt/assets ratio for WK is higher compared to a year ago.
2.2 Solvency
WK has an Altman-Z score of 2.27. This is not the best score and indicates that WK is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.27, WK is in line with its industry, outperforming 54.71% of the companies in the same industry.
The Debt to FCF ratio of WK is 8.85, which is on the high side as it means it would take WK, 8.85 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.85, WK is in line with its industry, outperforming 53.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 8.85 | ||
| Altman-Z | 2.27 |
ROIC/WACCN/A
WACC9.3%
2.3 Liquidity
A Current Ratio of 2.14 indicates that WK has no problem at all paying its short term obligations.
The Current ratio of WK (2.14) is better than 62.68% of its industry peers.
WK has a Quick Ratio of 2.14. This indicates that WK is financially healthy and has no problem in meeting its short term obligations.
WK has a better Quick ratio (2.14) than 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.14 | ||
| Quick Ratio | 2.14 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 69.44% over the past year.
WK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.41%.
WK shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.86% yearly.
EPS 1Y (TTM)69.44%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q283.33%
Revenue 1Y (TTM)17.41%
Revenue growth 3Y21.46%
Revenue growth 5Y20.86%
Revenue growth Q2Q16.96%
3.2 Future
The Earnings Per Share is expected to grow by 94.48% on average over the next years. This is a very strong growth
WK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.43% yearly.
EPS Next Y237.79%
EPS Next 2Y110.36%
EPS Next 3Y94.48%
EPS Next 5YN/A
Revenue Next Year14.76%
Revenue Next 2Y15.09%
Revenue Next 3Y17.37%
Revenue Next 5Y18.43%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
WK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
WK is valuated quite expensively with a Price/Forward Earnings ratio of 77.98.
WK's Price/Forward Earnings ratio is in line with the industry average.
WK is valuated expensively when we compare the Price/Forward Earnings ratio to 20.47, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 77.98 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WK indicates a somewhat cheap valuation: WK is cheaper than 61.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.07 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as WK's earnings are expected to grow with 94.48% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y110.36%
EPS Next 3Y94.48%
5. Dividend
5.1 Amount
No dividends for WK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
WORKIVA INC
NYSE:WK (5/16/2024, 7:25:53 PM)
After market: 85.1 0 (0%)85.1
+0.97 (+1.15%)
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 Cap4.66B
Analysts
Price Target
Dividend
| Industry Rank | Sector 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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 77.98 | ||
| 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)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.74% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 76.01% | ||
| 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.14 | ||
| Quick Ratio | 2.14 | ||
| 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)69.44%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y237.79%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)17.41%
Revenue growth 3Y21.46%
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