NasdaqGS:TEAM

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Executive Summary

Atlassian Corporation Plc, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. More Details


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

TEAMIndustryMarket
7 Day2.8%-1.1%-1.1%
30 Day14.5%3.0%2.9%
90 Day18.2%9.5%5.7%
1 Year72.9%72.9%53.4%52.4%17.6%15.0%
3 Year322.5%322.5%135.8%127.9%38.9%29.7%
5 Yearn/a237.0%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

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

  • Explore growth companies in the Software industry.

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

NamePositionTenureCompensationOwnership
Michael Cannon-Brookes
Co-Founder18yrsUS$51.02k23.8%
$ 12.4b
Scott Farquhar
Co-Founder18yrsUS$55.17k23.8%
$ 12.4b
James Beer
Chief Financial Officer2.58yrsno data0.0041%
$ 2.1m
Gene Liu
Principal Accounting Officer & Controller1.83yrsno datano data
Sri Viswanath
Chief Technology Officer4.75yrsno data0.12%
$ 62.2m
Erika Fisher
Chief Administrative Officer & General Counsel0.083yrno data0.00054%
$ 281.1k
Matt Sonefeldt
Vice President of Investor Relationsno datano datano data
Robert Chatwani
Chief Marketing Officerno datano datano data
Amy Glancey
Chief of Staff1.75yrsno datano data
Cameron Deatsch
Chief Revenue Officer0.75yrno datano data
Anu Bharadwaj
Head of Enterprise & Cloud Platform0.083yrno datano data
Noah Wasmer
Head of Technical Teams Products1.75yrsno datano 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

NamePositionTenureCompensationOwnership
Michael Cannon-Brookes
Co-Founder18yrsUS$51.02k23.8%
$ 12.4b
Scott Farquhar
Co-Founder18yrsUS$55.17k23.8%
$ 12.4b
Enrique Salem
Independent Director7.08yrsUS$302.53k0.052%
$ 26.8m
Steven Sordello
Independent Director4.92yrsUS$322.53k0.017%
$ 9.0m
Richard Wong
Independent Director10.25yrsUS$312.53k0.058%
$ 30.0m
Shona Brown
Independent Chair of the Board2.5yrsUS$352.53k0.012%
$ 6.0m
Sasan Goodarzi
Independent Director2.5yrsUS$310.03k0.0028%
$ 1.5m
Heather Fernandez
Independent Director4.92yrsUS$302.53k0.0054%
$ 2.8m
Jay Parikh
Independent Director7.25yrsUS$302.53k0.0071%
$ 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TEAMNasdaqGS (Nasdaq Global Select)YesClass A Ordinary SharesUSUSDDec 2015
59ADB (Deutsche Boerse AG)YesClass A Ordinary SharesDEEURDec 2015
TEAM NBMV (Bolsa Mexicana de Valores)YesClass A Ordinary SharesMXMXNDec 2015
T1AM34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 20 REPR 1 COM NPVBRBRLOct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 00:52
End of Day Share Price2020/10/28 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.