Atlassian Corporation

NasdaqGS:TEAM Stock Report

Market Cap: US$64.5b

Atlassian Valuation

Is TEAM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TEAM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TEAM ($245.45) is trading below our estimate of fair value ($384.53)

Significantly Below Fair Value: TEAM is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for TEAM?

Key metric: As TEAM is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for TEAM. This is calculated by dividing TEAM's market cap by their current revenue.
What is TEAM's PS Ratio?
PS Ratio14x
SalesUS$4.57b
Market CapUS$64.52b

Price to Sales Ratio vs Peers

How does TEAM's PS Ratio compare to its peers?

The above table shows the PS ratio for TEAM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average10.4x
WDAY Workday
8.7x12.5%US$68.6b
ADSK Autodesk
11.4x10.0%US$65.6b
ROP Roper Technologies
8.7x9.1%US$58.8b
SNPS Synopsys
12.8x9.6%US$82.0b
TEAM Atlassian
14x15.2%US$64.5b

Price-To-Sales vs Peers: TEAM is expensive based on its Price-To-Sales Ratio (14x) compared to the peer average (10.4x).


Price to Sales Ratio vs Industry

How does TEAM's PS Ratio compare vs other companies in the US Software Industry?

81 CompaniesPrice / SalesEstimated GrowthMarket Cap
VYX NCR Voyix
0.6x-23.2%US$2.04b
PGY Pagaya Technologies
0.7x15.8%US$634.91m
XPER Xperi
0.8x1.8%US$378.82m
0.5x1.1%US$351.48m
TEAM 14.0xIndustry Avg. 5.1xNo. of Companies81PS048121620+
81 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: TEAM is expensive based on its Price-To-Sales Ratio (14x) compared to the US Software industry average (5.1x).


Price to Sales Ratio vs Fair Ratio

What is TEAM's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TEAM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio14x
Fair PS Ratio14.9x

Price-To-Sales vs Fair Ratio: TEAM is good value based on its Price-To-Sales Ratio (14x) compared to the estimated Fair Price-To-Sales Ratio (14.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TEAM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$245.45
US$257.21
+4.8%
17.2%US$420.00US$180.00n/a24
Nov ’25US$224.35
US$253.88
+13.2%
17.8%US$420.00US$180.00n/a24
Oct ’25US$161.42
US$215.00
+33.2%
22.6%US$420.00US$160.00n/a25
Sep ’25US$165.60
US$217.18
+31.1%
22.8%US$420.00US$160.00n/a24
Aug ’25US$173.24
US$238.30
+37.6%
19.5%US$420.00US$180.00n/a24
Jul ’25US$178.25
US$238.55
+33.8%
19.8%US$420.00US$180.00n/a24
Jun ’25US$156.86
US$240.61
+53.4%
19.1%US$420.00US$200.00n/a25
May ’25US$172.77
US$242.21
+40.2%
18.6%US$420.00US$200.00n/a25
Apr ’25US$193.37
US$259.38
+34.1%
15.3%US$420.00US$215.00n/a26
Mar ’25US$209.20
US$259.38
+24.0%
15.3%US$420.00US$215.00n/a26
Feb ’25US$254.90
US$248.42
-2.5%
18.4%US$420.00US$188.00n/a26
Jan ’25US$237.86
US$224.81
-5.5%
21.6%US$420.00US$165.00n/a26
Dec ’24US$195.11
US$211.65
+8.5%
22.6%US$420.00US$165.00n/a26
Nov ’24US$177.85
US$224.96
+26.5%
20.0%US$420.00US$170.00US$224.3525
Oct ’24US$201.51
US$224.96
+11.6%
20.4%US$420.00US$170.00US$161.4224
Sep ’24US$204.45
US$224.96
+10.0%
20.4%US$420.00US$170.00US$165.6024
Aug ’24US$181.65
US$187.64
+3.3%
29.2%US$420.00US$140.00US$173.2422
Jul ’24US$167.81
US$183.55
+9.4%
30.6%US$420.00US$130.00US$178.2522
Jun ’24US$177.26
US$183.71
+3.6%
31.4%US$420.00US$130.00US$156.8621
May ’24US$149.55
US$200.05
+33.8%
31.1%US$460.00US$150.00US$172.7721
Apr ’24US$171.17
US$199.00
+16.3%
31.1%US$460.00US$150.00US$193.3722
Mar ’24US$162.19
US$199.00
+22.7%
31.1%US$460.00US$150.00US$209.2022
Feb ’24US$170.31
US$193.50
+13.6%
34.4%US$460.00US$140.00US$254.9022
Jan ’24US$128.68
US$197.23
+53.3%
34.2%US$460.00US$147.00US$237.8622
Dec ’23US$140.06
US$199.00
+42.1%
34.8%US$460.00US$140.00US$195.1121
Nov ’23US$191.74
US$311.81
+62.6%
18.6%US$470.00US$220.00US$177.8521

Analyst Forecast: Target price is less than 20% higher than the current share price.


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