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MongoDB

Nasdaq:MDB
Snowflake Description

Adequate balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MDB
Nasdaq
$8B
Market Cap
  1. Home
  2. US
  3. Software
Company description

MongoDB, Inc. operates as a general purpose database platform worldwide. The last earnings update was 8 days ago. More info.


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  • MongoDB has significant price volatility in the past 3 months.
MDB Share Price and Events
7 Day Returns
9.8%
NasdaqGM:MDB
1.7%
US IT
1.2%
US Market
1 Year Returns
257.5%
NasdaqGM:MDB
15.5%
US IT
3%
US Market
MDB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MongoDB (MDB) 9.8% 43.7% 97% 257.5% - -
US IT 1.7% 4.9% 22.3% 15.5% 80.2% 94.8%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • MDB outperformed the IT industry which returned 15.5% over the past year.
  • MDB outperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

MDB Value

 Is MongoDB undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of MongoDB to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for MongoDB.

NasdaqGM:MDB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGM:MDB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.064 (1 + (1- 21%) (2.78%))
1.059
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.06
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.059 * 5.96%)
9.04%

Discounted Cash Flow Calculation for NasdaqGM:MDB using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for MongoDB is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGM:MDB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.04%)
2019 -50.04 Analyst x9 -45.89
2020 -35.74 Analyst x7 -30.06
2021 -16.97 Analyst x7 -13.09
2022 54.98 Analyst x1 38.89
2023 101.32 Analyst x1 65.73
2024 165.41 Analyst x1 98.41
2025 222.43 Est @ 34.48% 121.37
2026 277.94 Est @ 24.95% 139.08
2027 328.76 Est @ 18.29% 150.88
2028 373.53 Est @ 13.62% 157.22
Present value of next 10 years cash flows $682.54
NasdaqGM:MDB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $373.53 × (1 + 2.73%) ÷ (9.04% – 2.73%)
$6,081.97
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $6,081.97 ÷ (1 + 9.04%)10
$2,559.84
NasdaqGM:MDB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $682.54 + $2,559.84
$3,242.38
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $3,242.38 / 54.32
$59.69
NasdaqGM:MDB Discount to Share Price
Calculation Result
Value per share (USD) From above. $59.69
Current discount Discount to share price of $143.73
= -1 x ($143.73 - $59.69) / $59.69
-140.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of MongoDB is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MongoDB's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MongoDB's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:MDB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-01-31) in USD $-1.90
NasdaqGM:MDB Share Price ** NasdaqGM (2019-03-20) in USD $143.73
United States of America IT Industry PE Ratio Median Figure of 78 Publicly-Listed IT Companies 30.36x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MongoDB.

NasdaqGM:MDB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:MDB Share Price ÷ EPS (both in USD)

= 143.73 ÷ -1.90

-75.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MongoDB is loss making, we can't compare its value to the US IT industry average.
  • MongoDB is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does MongoDB's expected growth come at a high price?
Raw Data
NasdaqGM:MDB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -75.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
-0.2%per year
United States of America IT Industry PEG Ratio Median Figure of 64 Publicly-Listed IT Companies 2.42x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for MongoDB, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MongoDB's assets?
Raw Data
NasdaqGM:MDB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-01-31) in USD $4.87
NasdaqGM:MDB Share Price * NasdaqGM (2019-03-20) in USD $143.73
United States of America IT Industry PB Ratio Median Figure of 122 Publicly-Listed IT Companies 4.43x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
NasdaqGM:MDB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:MDB Share Price ÷ Book Value per Share (both in USD)

= 143.73 ÷ 4.87

29.51x

* Primary Listing of MongoDB.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MongoDB is overvalued based on assets compared to the US IT industry average.
X
Value checks
We assess MongoDB's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. MongoDB has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MDB Future Performance

 How is MongoDB expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-0.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MongoDB expected to grow at an attractive rate?
  • Unable to compare MongoDB's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare MongoDB's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • MongoDB's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:MDB Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:MDB Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts -0.2%
NasdaqGM:MDB Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 21.5%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:MDB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:MDB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-01-31 940 177 1
2023-01-31 761 112 1
2022-01-31 628 65 -88 5
2021-01-31 488 -19 -105 12
2020-01-31 371 -29 -110 12
NasdaqGM:MDB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-01-31 267 -42 -99
2018-10-31 216 -40 -118
2018-07-31 192 -43 -111
2018-04-30 170 -41 -106
2018-01-31 155 -45 -96
2017-10-31 139 -47 -92
2017-07-31 124 -43 -87
2017-04-30 112 -40 -85
2017-01-31 101 -38 -87

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • MongoDB is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • MongoDB's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:MDB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from MongoDB Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:MDB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-01-31
2023-01-31
2022-01-31 -2.46 -2.46 -2.46 1.00
2021-01-31 -2.03 -1.84 -2.21 3.00
2020-01-31 -2.05 -1.98 -2.17 3.00
NasdaqGM:MDB Past Financials Data
Date (Data in USD Millions) EPS *
2019-01-31 -1.90
2018-10-31 -2.31
2018-07-31 -2.62
2018-04-30 -3.21
2018-01-31 -4.06
2017-10-31 -6.43
2017-07-31 -6.69
2017-04-30 -6.73
2017-01-31 -7.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if MongoDB will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess MongoDB's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MongoDB has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MDB Past Performance

  How has MongoDB performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MongoDB's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MongoDB does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare MongoDB's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare MongoDB's 1-year growth to the US IT industry average as it is not currently profitable.
Earnings and Revenue History
MongoDB's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MongoDB Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:MDB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-01-31 267.02 -99.01 201.36 89.85
2018-10-31 215.74 -118.10 190.96 80.04
2018-07-31 192.24 -111.00 176.23 73.45
2018-04-30 170.35 -105.83 161.93 67.77
2018-01-31 154.52 -96.36 146.73 62.20
2017-10-31 139.41 -91.81 133.26 58.65
2017-07-31 124.23 -87.12 120.42 55.36
2017-04-30 112.24 -84.82 110.98 52.85
2017-01-31 101.36 -86.68 105.67 51.77
2016-01-31 65.27 -73.49 73.68 43.47

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if MongoDB has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if MongoDB has efficiently used its assets last year compared to the US IT industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if MongoDB improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess MongoDB's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MongoDB has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MDB Health

 How is MongoDB's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up MongoDB's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MongoDB is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MongoDB's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MongoDB's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MongoDB Company Filings, last reported 1 month ago.

NasdaqGM:MDB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-01-31 264.57 216.86 465.97
2018-10-31 197.25 213.69 522.17
2018-07-31 208.62 210.55 522.68
2018-04-30 172.51 0.00 270.99
2018-01-31 193.49 0.00 278.97
2017-10-31 213.19 0.00 288.56
2017-07-31 28.23 0.00 92.45
2017-04-30 48.01 0.00 108.77
2017-01-31 60.02 0.00 116.50
2016-01-31 83.12 0.00 113.16
  • MongoDB's level of debt (82%) compared to net worth is high (greater than 40%).
  • Unable to establish if MongoDB's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • MongoDB has sufficient cash runway for more than 3 years based on current free cash flow.
  • MongoDB has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 1.4% each year.
X
Financial health checks
We assess MongoDB's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MongoDB has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MDB Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from MongoDB dividends. Estimated to be 0% next year.
If you bought $2,000 of MongoDB shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate MongoDB's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate MongoDB's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:MDB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 33 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:MDB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-01-31
2023-01-31
2022-01-31 0.00 2.00
2021-01-31 0.00 2.00
2020-01-31 0.00 2.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as MongoDB has not reported any payouts.
  • Unable to verify if MongoDB's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of MongoDB's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as MongoDB has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of MongoDB's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess MongoDB's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MongoDB afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MongoDB has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MDB Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Dev Ittycheria
COMPENSATION $595,400
AGE 51
TENURE AS CEO 4.5 years
CEO Bio

Mr. Dev C. Ittycheria serves as an Operating Advisor of Lightview Capital, LLC. Mr. Ittycheria has been the Chief Executive Officer and President at MongoDB, Inc. since September 3, 2014. Mr. Ittycheria served as an Executive Advisor at OpenView Venture Partners. He served as the Managing Director at OpenView Venture Partners since November 13, 2013. Mr. Ittycheria served as the President of BMC Software, Inc. since November 2008, where he directly led a business with $1.4B in annual revenue and more than 4,000 employees. He served as Venture Advisor at Lightspeed Venture Partners. He served as Senior Vice President of Strategy and Corporate Development, Senior Vice President and President of Enterprise Service Management of BMC Software, Inc. from November 2008 to February 1, 2010. He was Venture Partner at Greylock Partners. He was an Entrepreneur-in-Residence of Bessemer Venture Partners. He was employed at Breakaway Solutions, Inc. He was a Co-Founder of BladeLogic, Inc. and served as its Chief Executive Officer and President from 2001 to April 2008. Mr. Ittycheria served as Executive Director of BladeLogic, Inc. from August 2001 to April 2008. Earlier in his career, Mr. Ittycheria was founder/Chief Executive Officer at Applica. Mr. Ittycheria serves as a Director of MongoDB, Inc. Mr. Ittycheria served as a Director at athenahealth, Inc. since July 2010 until February 11, 2019. Mr. Ittycheria has been an Independent Director of AppDynamics, Inc., since April 2011. He has been a Director of Signpost, Inc. since November 2013. Mr. Ittycheria serves as the Member of Advisory Board of Lead Edge Capital Management, LLC. He serves as a Director of Datadog, Inc. He served as a Director of Bazaarvoice, Inc. from March 11, 2010 to August 23, 2014. In 2000, he was recognized along with such industry luminaries as one of Computer Reseller News' top 25 executives in technology for his leadership and vision in helping create the ASP business model. In 2004, Mr. Ittycheria was recognized jointly by Ernst & Young and Microsoft as an Entrepreneur of the Year for his outstanding leadership at BladeLogic. He is publicly recognized as one of the pioneers of the cloud computing/SaaS business model. He was awarded the Medal of Excellence and was recognized by the School of Engineering as its 2010 alumnus of the year. He is an Entrepreneur, Operator and Investor and began his professional career at large and growth-stage telecom companies developing advanced broadband services. He also serves as an advisor and/or board member to a number of next-generation software companies as well as leading venture capital and private equity firms. Mr. Ittycheria holds a B.S. in Electrical Engineering from Rutgers University, College of Engineering.

CEO Compensation
  • Dev's compensation has been consistent with company performance over the past year.
  • Dev's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the MongoDB management team in years:

3.7
Average Tenure
49
Average Age
  • The tenure for the MongoDB management team is about average.
Management Team

Kevin Ryan

TITLE
Co-Founder & Chairman
COMPENSATION
$18K
AGE
54
TENURE
12.2 yrs

Dev Ittycheria

TITLE
President
COMPENSATION
$595K
AGE
51
TENURE
4.5 yrs

Eliot Horowitz

TITLE
Co-Founder
COMPENSATION
$472K
AGE
37
TENURE
12.2 yrs

Michael Gordon

TITLE
COO & CFO
COMPENSATION
$472K
AGE
48
TENURE
3.7 yrs

Dwight Merriman

TITLE
Co-Founder and Advisor
AGE
49
TENURE
12.2 yrs

Andrew Stephens

TITLE
General Counsel & Corporate Secretary

Dan Heasman

TITLE
Chief People Officer
TENURE
1.5 yrs

Dan Heasman

TITLE
Chief People Officer
TENURE
1.5 yrs

Ronnen Miller

TITLE
Senior Vice President of Global Technical Services
TENURE
1 yrs

Dan Pasette

TITLE
Senior Vice President of Core Engineering
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the MongoDB board of directors in years:

3.9
Average Tenure
50
Average Age
  • The tenure for the MongoDB board of directors is about average.
Board of Directors

Dev Ittycheria

TITLE
President
COMPENSATION
$595K
AGE
51
TENURE
4.5 yrs

Eliot Horowitz

TITLE
Co-Founder
COMPENSATION
$472K
AGE
37
TENURE
11.2 yrs

Tom Killalea

TITLE
Independent Director
COMPENSATION
$12K
AGE
50
TENURE
3.3 yrs

Kevin Ryan

TITLE
Co-Founder & Chairman
COMPENSATION
$18K
AGE
54
TENURE
2.1 yrs

Hope Cochran

TITLE
Independent Director
COMPENSATION
$14K
AGE
47
TENURE
2.3 yrs

Chip Hazard

TITLE
Independent Director
COMPENSATION
$11K
AGE
50
TENURE
9.4 yrs

Roelof Botha

TITLE
Independent Director
COMPENSATION
$11K
AGE
45
TENURE
5.3 yrs

John McMahon

TITLE
Director
COMPENSATION
$290K
AGE
62
TENURE
2.4 yrs

Dan Docter

TITLE
Director
Who owns this company?
Recent Insider Trading
  • MongoDB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
04. Jan 19 Sell Dev Ittycheria Individual 02. Jan 19 02. Jan 19 -1,365 $81.36 $-111,056
04. Jan 19 Sell Michael Gordon Individual 02. Jan 19 02. Jan 19 -824 $81.36 $-67,041
04. Jan 19 Sell Meagen Eisenberg Individual 02. Jan 19 02. Jan 19 -316 $81.37 $-25,713
04. Jan 19 Sell Thomas Bull Individual 02. Jan 19 02. Jan 19 -754 $81.36 $-61,345
03. Dec 18 Sell Whale Rock Capital Management, LLC Company 29. Nov 18 30. Nov 18 -683,871 $84.55 $-56,343,829
03. Oct 18 Sell Thomas Bull Individual 02. Oct 18 02. Oct 18 -69 $75.23 $-5,191
03. Oct 18 Sell Dev Ittycheria Individual 02. Oct 18 02. Oct 18 -2,017 $75.24 $-151,759
03. Oct 18 Sell Meagen Eisenberg Individual 02. Oct 18 02. Oct 18 -391 $75.23 $-29,415
03. Oct 18 Sell Michael Gordon Individual 02. Oct 18 02. Oct 18 -1,047 $75.23 $-78,766
05. Jul 18 Sell Thomas Bull Individual 02. Jul 18 02. Jul 18 -66 $49.40 $-3,260
05. Jul 18 Sell Eliot Horowitz Individual 02. Jul 18 02. Jul 18 -2,162 $49.40 $-106,803
05. Jul 18 Sell Michael Gordon Individual 02. Jul 18 02. Jul 18 -721 $49.40 $-35,617
05. Jul 18 Sell Meagen Eisenberg Individual 02. Jul 18 02. Jul 18 -375 $49.40 $-18,525
05. Jul 18 Sell Dev Ittycheria Individual 02. Jul 18 02. Jul 18 -1,206 $49.40 $-59,576
10. May 18 Buy Whale Rock Capital Management, LLC Company 26. Mar 18 26. Apr 18 2,165,421 $44.93 $85,028,429
10. May 18 Buy Whale Rock Capital Management, LLC Company 08. May 18 08. May 18 1,214,850 $40.26 $48,878,379
07. May 18 Buy Whale Rock Capital Management, LLC Company 03. May 18 03. May 18 450,000 $38.35 $17,255,250
X
Management checks
We assess MongoDB's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MongoDB has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MDB News

Simply Wall St News

Is MongoDB's Share Price Gain Of 205% Well Earned?

Because MongoDB is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.

Simply Wall St -

Should You Be Worried About Insider Transactions At MongoDB Inc (NASDAQ:MDB)?

So we'll take a look at whether insiders have been buying or selling shares in MongoDB Inc (NASDAQ:MDB). … MongoDB Insider Transactions Over The Last Year. … Over the last year, we can see that the biggest insider sale was by President Dev Ittycheria for US$152k worth of shares, at about US$75.24 per share.

Simply Wall St -

Why MongoDB Inc's (NASDAQ:MDB) Ownership Structure Is Important

In this article, I'm going to take a look at MongoDB Inc’s (NASDAQ:MDB) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices. … Although this is an important factor for long-term investors, many investors can also be impacted by institutional presence and their high-volume trading.

Simply Wall St -

When Will MongoDB Inc (NASDAQ:MDB) Turn A Profit?

With the latest financial year loss of -US$96.36m and a trailing-twelve month of -US$105.83m, the US$2.61b market-cap amplifies its loss by moving further away from its breakeven target. … As path to profitability is the topic on MDB’s investors mind, I’ve decided to gauge market sentiment … In this article, I will touch on the expectations for MDB’s growth and when analysts expect the company to become profitable.

Simply Wall St -

Who Just Ramped Up Their Shares In MongoDB Inc (NASDAQ:MDB)?

some insider buying over the past three months, with insiders investing in. … It is widely considered that insider buying stock in their own companies is potentially a bullish signal … A two-decade research published in The MIT Press (1998) showed that stocks following insider buying outperformed the market by 4.5%

Simply Wall St -

MDB Company Info

Description

MongoDB, Inc. operates as a general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a subscription package for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a cloud-hosted database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services, such as consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was founded in 2007 and is headquartered in New York, New York.

Details
Name: MongoDB, Inc.
MDB
Exchange: NasdaqGM
Founded: 2007
$7,807,673,751
54,321,810
Website: http://www.mongodb.com
Address: MongoDB, Inc.
1633 Broadway,
38th Floor,
New York,
New York, 10019,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM MDB Class A Common Stock Nasdaq Global Market US USD 19. Oct 2017
LSE 0KKZ Class A Common Stock London Stock Exchange GB USD 19. Oct 2017
Number of employees
Current staff
Staff numbers
962
MongoDB employees.
Industry
Internet Services and Infrastructure
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 01:09
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/18
Last earnings filing: 2019/03/13
Last earnings reported: 2019/01/31
Last annual earnings reported: 2019/01/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.