Splunk Valuation
Is SPLK * undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of SPLK * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SPLK * (MX$2652.55) is trading below our estimate of fair value (MX$4465.4)
Significantly Below Fair Value: SPLK * is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SPLK *?
Key metric: As SPLK * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is SPLK *'s PE Ratio? | |
|---|---|
| PE Ratio | 100.3x |
| Earnings | US$263.73m |
| Market Cap | US$26.44b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 6.6x |
| Enterprise Value/EBITDA | 62.7x |
| PEG Ratio | 3.8x |
Price to Earnings Ratio vs Peers
How does SPLK *'s PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 112.1x | ||
WTC WiseTech Global | 175.3x | 23.8% | AU$46.1b |
TYL Tyler Technologies | 108x | 16.6% | US$25.7b |
ZM Zoom Video Communications | 28.6x | 3.7% | US$24.3b |
XRO Xero | 136.4x | 26.4% | AU$26.5b |
SPLK * Splunk | 100.3x | 26.4% | Mex$26.4b |
Price-To-Earnings vs Peers: SPLK * is expensive based on its Price-To-Earnings Ratio (100.3x) compared to the peer average (89.9x).
Price to Earnings Ratio vs Industry
How does SPLK *'s PE Ratio compare vs other companies in the Global Software Industry?
| 35 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 35 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: SPLK * is expensive based on its Price-To-Earnings Ratio (100.3x) compared to the Global Software industry average (35.1x).
Price to Earnings Ratio vs Fair Ratio
What is SPLK *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 100.3x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SPLK *'s Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | n/a | Mex$2,682.52 0% | 1.1% | Mex$2,769.91 | Mex$2,598.93 | n/a | 18 |
| Nov ’25 | n/a | Mex$2,682.52 0% | 1.1% | Mex$2,769.91 | Mex$2,598.93 | n/a | 18 |
| Oct ’25 | n/a | Mex$2,682.52 0% | 1.1% | Mex$2,769.91 | Mex$2,598.93 | n/a | 18 |
| Sep ’25 | n/a | Mex$2,682.52 0% | 1.1% | Mex$2,769.91 | Mex$2,598.93 | n/a | 18 |
| Aug ’25 | n/a | Mex$2,682.52 0% | 1.1% | Mex$2,769.91 | Mex$2,598.93 | n/a | 18 |
| Jul ’25 | n/a | Mex$2,682.52 0% | 1.1% | Mex$2,769.91 | Mex$2,598.93 | n/a | 18 |
| Jun ’25 | n/a | Mex$2,682.52 0% | 1.1% | Mex$2,769.91 | Mex$2,598.93 | n/a | 18 |
| May ’25 | n/a | Mex$2,682.52 0% | 1.1% | Mex$2,769.91 | Mex$2,598.93 | n/a | 18 |
| Apr ’25 | n/a | Mex$2,682.52 0% | 1.1% | Mex$2,769.91 | Mex$2,598.93 | n/a | 18 |
| Mar ’25 | Mex$2,652.55 | Mex$2,682.52 +1.1% | 1.1% | Mex$2,769.91 | Mex$2,598.93 | n/a | 18 |
| Feb ’25 | n/a | Mex$2,636.72 0% | 6.2% | Mex$2,768.01 | Mex$1,964.95 | n/a | 19 |
| Jan ’25 | Mex$2,560.00 | Mex$2,562.73 +0.1% | 9.5% | Mex$2,752.15 | Mex$1,936.70 | n/a | 20 |
| Dec ’24 | n/a | Mex$2,603.34 0% | 9.4% | Mex$2,804.80 | Mex$1,973.75 | n/a | 22 |
| Nov ’24 | n/a | Mex$2,711.25 0% | 9.4% | Mex$2,933.25 | Mex$2,064.14 | n/a | 23 |
| Oct ’24 | Mex$2,585.30 | Mex$2,570.35 -0.6% | 10.1% | Mex$2,736.67 | Mex$1,987.13 | n/a | 24 |
| Sep ’24 | Mex$2,090.90 | Mex$2,127.60 +1.8% | 7.9% | Mex$2,515.80 | Mex$1,761.06 | n/a | 35 |
| Aug ’24 | Mex$1,823.10 | Mex$2,041.46 +12.0% | 9.7% | Mex$2,303.10 | Mex$1,467.16 | n/a | 33 |
| Jul ’24 | Mex$1,843.70 | Mex$2,046.54 +11.0% | 10.2% | Mex$2,318.22 | Mex$1,476.79 | n/a | 33 |
| Jun ’24 | Mex$1,805.00 | Mex$2,103.59 +16.5% | 10.2% | Mex$2,384.07 | Mex$1,518.74 | n/a | 34 |
| May ’24 | Mex$1,541.40 | Mex$2,081.85 +35.1% | 11.9% | Mex$2,696.99 | Mex$1,546.27 | n/a | 33 |
| Apr ’24 | Mex$1,720.10 | Mex$2,120.46 +23.3% | 14.0% | Mex$3,117.88 | Mex$1,549.93 | n/a | 35 |
| Mar ’24 | Mex$1,850.00 | Mex$2,112.20 +14.2% | 14.2% | Mex$3,179.07 | Mex$1,580.34 | Mex$2,652.55 | 35 |
| Feb ’24 | Mex$1,864.30 | Mex$2,104.71 +12.9% | 17.6% | Mex$3,258.68 | Mex$1,601.41 | n/a | 35 |
| Jan ’24 | Mex$1,678.90 | Mex$2,201.95 +31.2% | 18.7% | Mex$3,388.44 | Mex$1,665.18 | Mex$2,560.00 | 36 |
| Dec ’23 | Mex$1,761.30 | Mex$2,220.09 +26.0% | 18.5% | Mex$3,352.25 | Mex$1,647.39 | n/a | 35 |
| Nov ’23 | Mex$1,628.55 | Mex$2,501.76 +53.6% | 18.6% | Mex$3,766.50 | Mex$1,695.91 | n/a | 34 |
Analyst Forecast: Target price is lower than the current share price.
Discover undervalued companies
Dropbox
US$8.3b
Provides a content collaboration platform worldwide.
DBX *
US$561.00
7D
-1.2%
1Y
16.1%
Qualys
US$5.4b
Provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally.
QLYS *
US$2,440.00
7D
0%
1Y
-19.0%
Zoom Video Communications
US$23.9b
Provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
ZM *
US$1,595.00
7D
-8.9%
1Y
45.0%