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TASK

TaskUsNasdaqGS:TASK Stock Report

Market Cap

US$7.5b

7D

20.1%

1Y

n/a

Updated

23 Sep, 2021

Data

Company Financials +
TASK fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance0/6
Financial Health4/6
Dividends0/6

TASK Overview

TaskUs, Inc. provides outsourcing services for companies worldwide.

TaskUs Competitors

TELUS International (Cda)

NYSE:TIXT

US$9.5b

Genpact

NYSE:G

US$9.1b

Concentrix

NasdaqGS:CNXC

US$8.6b

TTEC Holdings

NasdaqGS:TTEC

US$4.4b

Price History & Performance

Summary of all time highs, changes and price drops for TaskUs
Historical stock prices
Current Share PriceUS$83.51
52 Week HighUS$26.66
52 Week LowUS$84.15
Beta0
1 Month Change78.63%
3 Month Change138.81%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO168.61%

Recent News & Updates

Shareholder Returns

TASKUS ITUS Market
7D20.1%-0.9%-1.7%
1Yn/a27.8%36.2%

Return vs Industry: Insufficient data to determine how TASK performed against the US IT industry.

Return vs Market: Insufficient data to determine how TASK performed against the US Market.

Price Volatility

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

Stable Share Price: TASK is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: Insufficient data to determine TASK's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
200827,500Bryce Maddockhttps://www.taskus.com

TaskUs, Inc. provides outsourcing services for companies worldwide. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through digital channels; and other solutions, including customer care services for new product or market launches, trust and safety solutions, and customer acquisition solutions. The company also offers content security services, such as review and disposition of user and advertiser generated content for various proposals (removal or labeling of policy violating, and offensive or misleading content); and artificial intelligence (AI) solutions that consist of data labeling, annotation, and transcription services for training and tuning AI algorithms through the process of machine learning.

TaskUs Fundamentals Summary

How do TaskUs's earnings and revenue compare to its market cap?
TASK fundamental statistics
Market CapUS$7.53b
Earnings (TTM)-US$64.43m
Revenue (TTM)US$594.11m

13.7x

P/S Ratio

-126.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TASK income statement (TTM)
RevenueUS$594.11m
Cost of RevenueUS$326.97m
Gross ProfitUS$267.14m
ExpensesUS$331.56m
Earnings-US$64.43m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.70
Gross Margin44.96%
Net Profit Margin-10.84%
Debt/Equity Ratio76.6%

How did TASK perform over the long term?

See historical performance and comparison

Valuation

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

25.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: TASK ($83.51) is trading above our estimate of fair value ($41.25)

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


Price To Earnings Ratio

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

PE vs Market: TASK 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 TASK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TASK is overvalued based on its PB Ratio (25.7x) compared to the US IT industry average (5.3x).


Future Growth

How is TaskUs forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

108.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TASK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: TASK is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TASK's is expected to become profitable in the next 3 years.

Revenue vs Market: TASK's revenue (23.7% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: TASK's revenue (23.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TASK's Return on Equity is forecast to be high in 3 years time (22.6%)


Past Performance

How has TaskUs performed over the past 5 years?

-288.2%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: TASK is currently unprofitable.

Growing Profit Margin: TASK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if TASK's year-on-year earnings growth rate was positive over the past 5 years.

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

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


Return on Equity

High ROE: TASK has a negative Return on Equity (-20.39%), as it is currently unprofitable.


Financial Health

How is TaskUs's financial position?


Financial Position Analysis

Short Term Liabilities: TASK's short term assets ($336.4M) exceed its short term liabilities ($271.4M).

Long Term Liabilities: TASK's short term assets ($336.4M) exceed its long term liabilities ($242.2M).


Debt to Equity History and Analysis

Debt Level: TASK's debt to equity ratio (76.6%) is considered high.

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

Debt Coverage: TASK's debt is well covered by operating cash flow (33.9%).

Interest Coverage: TASK's interest payments on its debt are well covered by EBIT (15.4x coverage).


Balance Sheet


Dividend

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

0.22%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate TASK'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 TASK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TASK'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 TASK'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?

0.4yrs

Average management tenure


CEO

Bryce Maddock (34 yo)

12.75yrs

Tenure

US$381,378

Compensation

Mr. Bryce Maddock Co-Founded of TaskUs, LLC in December 2008 and serves as its Chief Executive Officer since December 2008 and Director since October 2018. Mr. Maddock's entrepreneurial streak began at age...


CEO Compensation Analysis

Compensation vs Market: Bryce's total compensation ($USD381.38K) is below average for companies of similar size in the US market ($USD6.46M).

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


Leadership Team

Experienced Management: TASK's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: TASK's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: TASK only recently listed within the past 12 months.


Top Shareholders

Company Information

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


Key Information

  • Name: TaskUs, Inc.
  • Ticker: TASK
  • Exchange: NasdaqGS
  • Founded: 2008
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: US$7.532b
  • Shares outstanding: 97.29m
  • Website: https://www.taskus.com

Number of Employees


Location

  • TaskUs, Inc.
  • 1650 Independence Drive
  • Suite 100
  • New Braunfels
  • Texas
  • 78132
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 23:07
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.