NasdaqGS:ADSK

Stock Analysis Report

Executive Summary

Autodesk, Inc. operates as a design software and services company worldwide.

Snowflake

Fundamentals

High growth potential with questionable track record.


Similar Companies

Share Price & News

How has Autodesk's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ADSK has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.7%

ADSK

2.5%

US Software

0.7%

US Market


1 Year Return

20.7%

ADSK

32.7%

US Software

13.7%

US Market

Return vs Industry: ADSK underperformed the US Software industry which returned 32.7% over the past year.

Return vs Market: ADSK exceeded the US Market which returned 13.7% over the past year.


Shareholder returns

ADSKIndustryMarket
7 Day5.7%2.5%0.7%
30 Day15.8%9.9%4.7%
90 Day10.7%4.7%6.1%
1 Year20.7%20.7%34.5%32.7%16.2%13.7%
3 Year110.3%110.3%125.4%116.8%48.8%39.2%
5 Year161.1%161.1%173.6%154.3%62.5%44.5%

Price Volatility Vs. Market

How volatile is Autodesk's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Autodesk undervalued compared to its fair value and its price relative to the market?

622.31x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ADSK ($161.75) is trading above our estimate of fair value ($155.63)

Significantly Below Fair Value: ADSK is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ADSK is poor value based on its PE Ratio (622.3x) compared to the Software industry average (44.4x).

PE vs Market: ADSK is poor value based on its PE Ratio (622.3x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: ADSK is poor value based on its PEG Ratio (10.5x)


Price to Book Ratio

PB vs Industry: ADSK has negative assets, so we can't compare its PB Ratio to the US Software industry average.


Next Steps

Future Growth

How is Autodesk forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?

59.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ADSK's forecast earnings growth (59.3% per year) is above the savings rate (2.7%).

Earnings vs Market: ADSK's earnings (59.3% per year) are forecast to grow faster than the US market (14.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ADSK's revenue (16.5% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: ADSK's revenue (16.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ADSK's Return on Equity is forecast to be very high in 3 years time (129.4%).


Next Steps

Past Performance

How has Autodesk performed over the past 5 years?

-16.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADSK has high quality earnings.

Growing Profit Margin: ADSK's current net profit margins (1.9%) are higher than last year (-18.5%).


Past Earnings Growth Analysis

Earnings Trend: ADSK's earnings have declined by -16.7% per year over the past 5 years.

Accelerating Growth: ADSK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ADSK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (25.8%).


Return on Equity

High ROE: ADSK's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Autodesk's financial position?


Financial Position Analysis

Short Term Liabilities: ADSK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ADSK has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ADSK has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ADSK's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: ADSK's debt is well covered by operating cash flow (43%).

Interest Coverage: ADSK's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet

Inventory Level: ADSK has a low level of unsold assets or inventory.

Debt Coverage by Assets: ADSK has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Next Steps

Dividend

What is Autodesk's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.6%industryaverage1.4%forecastin3Years0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate ADSK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ADSK's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ADSK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ADSK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ADSK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Autodesk's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Andrew Anagnost (54yo)

2.4yrs

Tenure

US$9,021,758

Compensation

Dr. Andrew Anagnost has been Chief Executive Officer and President at Autodesk, Inc. since June 19, 2017. Dr. Anagnost served as Senior Vice President of Industry Strategy & Marketing at Autodesk Limited.  ...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD9.02M) is about average for companies of similar size in the US market ($USD11.01M).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Management Age and Tenure

2.3yrs

Average Tenure

54yo

Average Age

Experienced Management: ADSK's management team is considered experienced (2.3 years average tenure).


Board Age and Tenure

2.0yrs

Average Tenure

56yo

Average Age

Experienced Board: ADSK's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: ADSK insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$5,11902 Oct 19
Stephen Hope
EntityIndividual
Role
Chief Accounting Officer
VP, Corporate Controller & Principal Accounting Officer
Shares35
Max PriceUS$146.25
SellUS$321,81517 Jun 19
Elizabeth Rafael
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,039
Max PriceUS$157.83
SellUS$1,248,03813 Jun 19
Elizabeth Rafael
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares9,049
Max PriceUS$137.92

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Steve Blum (53yo)

    Senior Vice President of Worldwide Field Operations

    • Tenure: 2.2yrs
    • Compensation: US$4.14m
  • Richard Herren (57yo)

    Senior VP & CFO

    • Tenure: 5yrs
    • Compensation: US$5.01m
  • Pascal Di Fronzo (54yo)

    Senior VP of Corporate Affairs

    • Tenure: 2.9yrs
    • Compensation: US$3.18m
  • Stephen Hope (52yo)

    VP, Corporate Controller & Principal Accounting Officer

    • Tenure: 0.4yrs
  • Moonhie Chin (61yo)

    Senior Vice President of Global Customer Support & Operations

    • Tenure: 0yrs
  • Carmel Galvin (50yo)

    Senior VP of People & Places and Chief Human Resources Officer

    • Tenure: 1.7yrs
    • Compensation: US$2.73m
  • Andrew Anagnost (54yo)

    President

    • Tenure: 2.4yrs
    • Compensation: US$9.02m
  • John Walker

    • Tenure: 0yrs
  • Dan Drake

    • Tenure: 0yrs
  • Greg Lutz

    • Tenure: 0yrs

Board Members

  • Karen Blasing (63yo)

    Independent Director

    • Tenure: 1.7yrs
    • Compensation: US$371.79k
  • Betsy Rafael (57yo)

    Independent Director

    • Tenure: 6.2yrs
    • Compensation: US$350.00k
  • Mary McDowell (53yo)

    Independent Director

    • Tenure: 9.8yrs
    • Compensation: US$363.93k
  • Lorrie Norrington (59yo)

    Independent Director

    • Tenure: 8.7yrs
    • Compensation: US$339.97k
  • Steve Milligan (56yo)

    Independent Director

    • Tenure: 0.9yrs
    • Compensation: US$133.99k
  • Blake Irving (59yo)

    Independent Director

    • Tenure: 0.7yrs
  • Stacy Smith (56yo)

    Non-Executive Chairman

    • Tenure: 1.4yrs
    • Compensation: US$596.95k
  • Reid French (47yo)

    Independent Director

    • Tenure: 2.3yrs
    • Compensation: US$334.48k
  • Andrew Anagnost (54yo)

    President

    • Tenure: 2.4yrs
    • Compensation: US$9.02m
  • Ayanna Howard (47yo)

    Director

    • Tenure: 0.2yrs

Company Information

Autodesk, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Autodesk, Inc.
  • Ticker: ADSK
  • Exchange: NasdaqGS
  • Founded: 1982
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$35.518b
  • Shares outstanding: 219.59m
  • Website: https://www.autodesk.com

Number of Employees


Location

  • Autodesk, Inc.
  • 111 McInnis Parkway
  • San Rafael
  • California
  • 94903
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ADSKNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 1985
AUDXTRA (XETRA Trading Platform)YesCommon StockDEEURJun 1985
AUDDB (Deutsche Boerse AG)YesCommon StockDEEURJun 1985
ADSK *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJun 1985
ADSKWBAG (Wiener Boerse AG)YesCommon StockATEURJun 1985
0HJFLSE (London Stock Exchange)YesCommon StockGBUSDJun 1985

Biography

Autodesk, Inc. operates as a design software and services company worldwide. The company offers AutoCAD, a professional design, drafting, detailing, and visualization software; AutoCAD Civil 3D, a surveyin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/17 23:31
End of Day Share Price2019/11/15 00:00
Earnings2019/07/31
Annual Earnings2019/01/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.