NasdaqGS:TEAM

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Moderate 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


Market Performance


7 Day Return

7.6%

TEAM

-0.7%

US Software

-0.6%

US Market


1 Year Return

50.9%

TEAM

14.0%

US Software

0.6%

US Market

TEAM outperformed the Software industry which returned 14.6% over the past year.

TEAM outperformed the Market in United States of America which returned 1.1% over the past year.


Share holder returns

TEAMIndustryMarket
7 Day7.6%-0.7%-0.6%
30 Day-4.6%-2.0%2.2%
90 Day3.0%-1.7%1.1%
1 Year50.9%50.9%15.6%14.0%2.9%0.6%
3 Year345.1%345.1%119.9%111.2%44.6%35.2%
5 Yearn/a168.7%149.0%61.9%44.2%

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

58.8x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Atlassian's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Atlassian's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Atlassian is loss making, we can't compare its value to the US Software industry average.

Atlassian is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Atlassian, we can't assess if its growth is good value.


Price Based on Value of Assets

Atlassian is overvalued based on assets compared to the US Software industry average.


Next Steps

Future Growth

How is Atlassian expected to perform in the next 1 to 3 years based on estimates from 20 analysts?

121.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Atlassian's revenue is expected to grow significantly at over 20% yearly.

Atlassian is not considered high growth as it is expected to be loss making for the next 1-3 years.

Atlassian's revenue growth is expected to exceed the United States of America market average.

Unable to compare Atlassian'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.

Unable to compare Atlassian's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Atlassian is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


Next Steps

Past Performance

How has Atlassian performed over the past 5 years?

-85.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Atlassian does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Atlassian's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Atlassian's 1-year growth to the US Software industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Atlassian has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Atlassian has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Atlassian improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Atlassian's financial position?


Financial Position Analysis

Atlassian's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Atlassian's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Atlassian's level of debt (151%) compared to net worth is high (greater than 40%).

Unable to establish if Atlassian's debt level has increased without past 5-year debt data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.4x debt.


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.

Whilst loss making Atlassian has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Atlassian has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -44.2% per year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Atlassian's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Atlassian's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Atlassian has not reported any payouts.

Unable to verify if Atlassian's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Atlassian has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Atlassian's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

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

2.9yrs

Average management tenure


CEO

Mike Cannon-Brookes (40yo)

1.4yrs

Tenure

US$299,986

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. Mr. Cannon-Brookes co-founded Atlassian, Inc. (a ...


CEO Compensation Analysis

Mike's remuneration is lower than average for companies of similar size in United States of America.

Mike's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.9yrs

Average Tenure

45yo

Average Age

The tenure for the Atlassian management team is about average.


Board Age and Tenure

6.0yrs

Average Tenure

49yo

Average Age

The tenure for the Atlassian board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • James Beer (58yo)

    Chief Financial Officer

    • Tenure: 1.6yrs
  • Mike Cannon-Brookes (40yo)

    • Tenure: 1.4yrs
    • Compensation: US$299.99k
  • Tom Kennedy (45yo)

    Chief Legal Officer

    • Tenure: 7.9yrs
  • Helen Russell (51yo)

    Chief People Officer

    • Tenure: 2.9yrs
  • Sri Viswanath (43yo)

    Chief Technology Officer

    • Tenure: 3.7yrs
  • Jay Simons (47yo)

    President

    • Tenure: 8.1yrs
  • Scott Farquhar (39yo)

    Co-Founder

    • Tenure: 16.9yrs
    • Compensation: US$299.99k
  • Ian Lee

    Head of Investor Relations

    • Tenure: 0yrs
  • Gene Liu

    Principal Accounting Officer & Controller

    • Tenure: 0.8yrs
  • Erika Fisher

    General Counsel

    • Tenure: 0.2yrs

Board Members

  • Enrique Salem (53yo)

    Independent Director

    • Tenure: 6yrs
    • Compensation: US$275.02k
  • Steve Sordello (50yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: US$295.02k
  • Rich Wong (49yo)

    Independent Director

    • Tenure: 9.2yrs
    • Compensation: US$285.02k
  • Shona Brown (53yo)

    Chair of the Board

    • Tenure: 1.4yrs
    • Compensation: US$325.21k
  • Mike Cannon-Brookes (40yo)

    • Tenure: 1.4yrs
    • Compensation: US$299.99k
  • Sasan Goodarzi (51yo)

    Director

    • Tenure: 1.4yrs
    • Compensation: US$275.29k
  • Heather Fernandez (43yo)

    Independent Director

    • Tenure: 3.8yrs
    • Compensation: US$275.02k
  • Scott Farquhar (39yo)

    Co-Founder

    • Tenure: 16.9yrs
    • Compensation: US$299.99k
  • Jay Parikh (46yo)

    Independent Director

    • Tenure: 6.2yrs
    • Compensation: US$275.02k

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$33.247b
  • Shares outstanding: 242.91m
  • 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

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 Analysis2019/09/21 00:19
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.