Atlassian
Market Cap
US$52.0b
Last Updated
2020/10/29 00:52 UTC
Data Sources
Company Financials +
Executive Summary
Atlassian Corporation Plc, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Atlassian's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TEAM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.8%
TEAM
-1.1%
US Software
-1.1%
US Market
1 Year Return
72.9%
TEAM
52.4%
US Software
15.0%
US Market
Return vs Industry: TEAM exceeded the US Software industry which returned 51.7% over the past year.
Return vs Market: TEAM exceeded the US Market which returned 15.6% over the past year.
Shareholder returns
| TEAM | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.8% | -1.1% | -1.1% |
| 30 Day | 14.5% | 3.0% | 2.9% |
| 90 Day | 18.2% | 9.5% | 5.7% |
| 1 Year | 72.9%72.9% | 53.4%52.4% | 17.6%15.0% |
| 3 Year | 322.5%322.5% | 135.8%127.9% | 38.9%29.7% |
| 5 Year | n/a | 237.0%217.5% | 78.4%58.4% |
Price Volatility Vs. Market
How volatile is Atlassian's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
The Atlassian (NASDAQ:TEAM) Share Price Has Soared 370%, Delighting Many Shareholders1 month ago | Simply Wall St
Atlassian Corporation Plc (NASDAQ:TEAM) Is Expected To Breakeven In The Near Future2 months ago | Simply Wall St
Is Atlassian (NASDAQ:TEAM) Using Too Much Debt?Valuation
Is Atlassian undervalued compared to its fair value and its price relative to the market?
90.02x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: TEAM ($213.02) is trading above our estimate of fair value ($143.6)
Significantly Below Fair Value: TEAM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TEAM is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: TEAM 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 TEAM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TEAM is overvalued based on its PB Ratio (91.8x) compared to the US Software industry average (7x).
Next Steps
Future Growth
How is Atlassian forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?
73.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TEAM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: TEAM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TEAM's is expected to become profitable in the next 3 years.
Revenue vs Market: TEAM's revenue (16.7% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: TEAM's revenue (16.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TEAM's Return on Equity is forecast to be low in 3 years time (19.3%).
Next Steps
Past Performance
How has Atlassian performed over the past 5 years?
-59.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TEAM is currently unprofitable.
Growing Profit Margin: TEAM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TEAM is unprofitable, and losses have increased over the past 5 years at a rate of 59.6% per year.
Accelerating Growth: Unable to compare TEAM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TEAM is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (12.8%).
Return on Equity
High ROE: TEAM has a negative Return on Equity (-60.95%), as it is currently unprofitable.
Next Steps
Financial Health
How is Atlassian's financial position?
Financial Position Analysis
Short Term Liabilities: TEAM's short term assets ($2.6B) do not cover its short term liabilities ($3.0B).
Long Term Liabilities: TEAM's short term assets ($2.6B) exceed its long term liabilities ($300.0M).
Debt to Equity History and Analysis
Debt Level: TEAM's debt to equity ratio (154.6%) is considered high.
Reducing Debt: Insufficient data to determine if TEAM'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: Whilst unprofitable TEAM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TEAM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37% per year.
Next Steps
Dividend
What is Atlassian current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TEAM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TEAM'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 TEAM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TEAM'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 TEAM'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?
1.8yrs
Average management tenure
CEO
Mike Cannon-Brookes (41 yo)
18yrs
Tenure
US$51,018
Compensation
Mr. Michael Cannon-Brookes, also known as Mike, is a Co-Founder of Atlassian Corporation Plc and has been its Co-Chief Executive Officer since October 2002. He serves on the board of directors of Zoox Inc. ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD51.02K) is below average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 18yrs | US$51.02k | 23.8% $ 12.4b | |
| Co-Founder | 18yrs | US$55.17k | 23.8% $ 12.4b | |
| Chief Financial Officer | 2.58yrs | no data | 0.0041% $ 2.1m | |
| Principal Accounting Officer & Controller | 1.83yrs | no data | no data | |
| Chief Technology Officer | 4.75yrs | no data | 0.12% $ 62.2m | |
| Chief Administrative Officer & General Counsel | 0.083yr | no data | 0.00054% $ 281.1k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Marketing Officer | no data | no data | no data | |
| Chief of Staff | 1.75yrs | no data | no data | |
| Chief Revenue Officer | 0.75yr | no data | no data | |
| Head of Enterprise & Cloud Platform | 0.083yr | no data | no data | |
| Head of Technical Teams Products | 1.75yrs | no data | no data |
1.8yrs
Average Tenure
41yo
Average Age
Experienced Management: TEAM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 18yrs | US$51.02k | 23.8% $ 12.4b | |
| Co-Founder | 18yrs | US$55.17k | 23.8% $ 12.4b | |
| Independent Director | 7.08yrs | US$302.53k | 0.052% $ 26.8m | |
| Independent Director | 4.92yrs | US$322.53k | 0.017% $ 9.0m | |
| Independent Director | 10.25yrs | US$312.53k | 0.058% $ 30.0m | |
| Independent Chair of the Board | 2.5yrs | US$352.53k | 0.012% $ 6.0m | |
| Independent Director | 2.5yrs | US$310.03k | 0.0028% $ 1.5m | |
| Independent Director | 4.92yrs | US$302.53k | 0.0054% $ 2.8m | |
| Independent Director | 7.25yrs | US$302.53k | 0.0071% $ 3.7m |
7.1yrs
Average Tenure
50yo
Average Age
Experienced Board: TEAM's board of directors are considered experienced (7.1 years average tenure).
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: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.
Top Shareholders
Company Information
Atlassian Corporation Plc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Atlassian Corporation Plc
- Ticker: TEAM
- Exchange: NasdaqGS
- Founded: 2002
- Industry: Application Software
- Sector: Software
- Market Cap: US$52.048b
- Shares outstanding: 249.20m
- Website: https://www.atlassian.com
Number of Employees
Location
- Atlassian Corporation Plc
- 341 George Street
- Level 6
- Sydney
- New South Wales
- 2000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TEAM | NasdaqGS (Nasdaq Global Select) | Yes | Class A Ordinary Shares | US | USD | Dec 2015 |
| 59A | DB (Deutsche Boerse AG) | Yes | Class A Ordinary Shares | DE | EUR | Dec 2015 |
| TEAM N | BMV (Bolsa Mexicana de Valores) | Yes | Class A Ordinary Shares | MX | MXN | Dec 2015 |
| T1AM34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 20 REPR 1 COM NPV | BR | BRL | Oct 2020 |
Biography
Atlassian Corporation Plc, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. It provides project tracking, content creation and sharing, and service ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/29 00:52 |
| End of Day Share Price | 2020/10/28 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.