company background image
MDB

MongoDBNasdaqGM:MDB Stock Report

Market Cap

US$32.0b

7D

-1.3%

1Y

109.2%

Updated

27 Sep, 2021

Data

Company Financials +
MDB fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

MDB Overview

MongoDB, Inc. provides general purpose database platform worldwide.

MongoDB Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MongoDB
Historical stock prices
Current Share PriceUS$483.04
52 Week HighUS$219.51
52 Week LowUS$518.34
Beta0.73
1 Month Change22.10%
3 Month Change25.89%
1 Year Change109.15%
3 Year Change512.53%
5 Year Changen/a
Change since IPO1,406.21%

Recent News & Updates

Sep 03

MongoDB: Stellar Quarter; Stay Invested And Buy Shares On Dips

MongoDB reported a solid quarter and provided guidance ahead of estimates. Management was bullish in its commentary about MongoDB's growth prospects and position within the new enterprise stack. We believe the guidance could be conservative given digital transformation and the move by enterprises to re-platform their applications. Expect MongoDB to beat estimates in November again. Atlas, the cloud version of its product, should drive growth for many years to come. We expect MongoDB to grow 30%+ for the next five years. While valuation remains lofty when compared to its high growth peer group, MongoDB is trading at a discount, despite growing in line with the peer group. We recommend investors remain invested in MongoDB and use any future weakness to buy shares. MongoDB should take shares from legacy vendors and outperform them in the near term.

Shareholder Returns

MDBUS ITUS Market
7D-1.3%2.3%2.0%
1Y109.2%24.3%32.8%

Return vs Industry: MDB exceeded the US IT industry which returned 24.3% over the past year.

Return vs Market: MDB exceeded the US Market which returned 32.8% over the past year.

Price Volatility

Is MDB's price volatile compared to industry and market?
MDB volatility
MDB Beta0.73
Industry Beta1.18
Market Beta1

Stable Share Price: MDB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: MDB's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20072,934Dev Ittycheriahttps://www.mongodb.com

MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud 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.

MongoDB Fundamentals Summary

How do MongoDB's earnings and revenue compare to its market cap?
MDB fundamental statistics
Market CapUS$31.97b
Earnings (TTM)-US$289.58m
Revenue (TTM)US$702.17m

45.5x

P/S Ratio

-110.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MDB income statement (TTM)
RevenueUS$702.17m
Cost of RevenueUS$212.33m
Gross ProfitUS$489.84m
ExpensesUS$779.42m
Earnings-US$289.58m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-4.38
Gross Margin69.76%
Net Profit Margin-41.24%
Debt/Equity Ratio168.7%

How did MDB perform over the long term?

See historical performance and comparison

Valuation

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

47.45x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MDB ($483.04) is trading above our estimate of fair value ($227.93)

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


Price To Earnings Ratio

PE vs Industry: MDB is unprofitable, so we can't compare its PE Ratio to the US IT industry average.

PE vs Market: MDB is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MDB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MDB is overvalued based on its PB Ratio (47.4x) compared to the US IT industry average (5.3x).


Future Growth

How is MongoDB forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

14.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MDB is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MDB is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MDB is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MDB's revenue (25.4% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: MDB's revenue (25.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MDB is forecast to be unprofitable in 3 years.


Past Performance

How has MongoDB performed over the past 5 years?

-34.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MDB is currently unprofitable.

Growing Profit Margin: MDB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MDB is unprofitable, and losses have increased over the past 5 years at a rate of 34% per year.

Accelerating Growth: Unable to compare MDB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MDB is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (28%).


Return on Equity

High ROE: MDB has a negative Return on Equity (-42.98%), as it is currently unprofitable.


Financial Health

How is MongoDB's financial position?


Financial Position Analysis

Short Term Liabilities: MDB's short term assets ($2.0B) exceed its short term liabilities ($347.9M).

Long Term Liabilities: MDB's short term assets ($2.0B) exceed its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: MDB's debt to equity ratio (168.7%) is considered high.

Reducing Debt: Insufficient data to determine if MDB's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: MDB has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MDB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

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


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if MDB'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 MDB's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Dev Ittycheria (54 yo)

7yrs

Tenure

US$8,528,435

Compensation

Mr. Dev C. Ittycheria serves as an Operating Advisor of Lightview Capital, LLC. Mr. Ittycheria serves as Director of Daxtarity Inc. He is an Independent Director at Altimeter Growth Corp. since September 3...


CEO Compensation Analysis

Compensation vs Market: Dev's total compensation ($USD8.53M) is about average for companies of similar size in the US market ($USD11.29M).

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


Leadership Team

Experienced Management: MDB's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: MDB's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.4%.


Top Shareholders

Company Information

MongoDB, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: MongoDB, Inc.
  • Ticker: MDB
  • Exchange: NasdaqGM
  • Founded: 2007
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: US$31.967b
  • Shares outstanding: 66.18m
  • Website: https://www.mongodb.com

Number of Employees


Location

  • MongoDB, Inc.
  • 1633 Broadway
  • 38th Floor
  • New York
  • New York
  • 10019
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 23:04
End of Day Share Price2021/09/27 00:00
Earnings2021/07/31
Annual Earnings2021/01/31


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.