ASAN

AsanaNYSE:ASAN Stock Report

Market Cap

US$21.7b

7D

21.1%

1Y

n/a

Updated

16 Sep, 2021

Data

Company Financials +
ASAN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ASAN Overview

Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally.

Asana Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Asana
Historical stock prices
Current Share PriceUS$117.86
52 Week HighUS$20.57
52 Week LowUS$119.99
Beta0
1 Month Change54.73%
3 Month Change103.91%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO309.24%

Recent News & Updates

Aug 24

After The Run, Is Asana Stock Still A Buy?

ASAN has been a multi-bagger since it IPO'd only last year. The company helps its customers draw efficiencies in collaboration. ASAN has generated accelerating revenue growth for 3 straight quarters. I give my verdict if the stock is a buy, sell, or hold at current prices.

Shareholder Returns

ASANUS SoftwareUS Market
7D21.1%1.5%-0.6%
1Yn/a43.5%33.6%

Return vs Industry: Insufficient data to determine how ASAN performed against the US Software industry.

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

Price Volatility

Is ASAN's price volatile compared to industry and market?
ASAN volatility
ASAN Beta0
Industry Beta0.95
Market Beta1

Stable Share Price: ASAN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: ASAN's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20081,080Dustin Moskovitzhttps://asana.com

Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. It provides a work management platform as software as service that enables individuals and teams to get work done faster while enhancing employee engagement by allowing everyone to see how their work connects to the mission of an organization. The company was formerly known as Smiley Abstractions, Inc. and changed its name to Asana, Inc. in July 2009.

Asana Fundamentals Summary

How do Asana's earnings and revenue compare to its market cap?
ASAN fundamental statistics
Market CapUS$21.67b
Earnings (TTM)-US$263.81m
Revenue (TTM)US$293.43m

73.9x

P/S Ratio

-82.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASAN income statement (TTM)
RevenueUS$293.43m
Cost of RevenueUS$33.30m
Gross ProfitUS$260.13m
ExpensesUS$523.94m
Earnings-US$263.81m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.74
Gross Margin88.65%
Net Profit Margin-89.91%
Debt/Equity Ratio13.1%

How did ASAN perform over the long term?

See historical performance and comparison

Valuation

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

77.61x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ASAN ($117.86) is trading above our estimate of fair value ($42.82)

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: ASAN is overvalued based on its PB Ratio (77.6x) compared to the US Software industry average (7.7x).


Future Growth

How is Asana forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

3.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASAN is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: ASAN is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: ASAN is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: ASAN's revenue (25.6% per year) is forecast to grow faster than the US market (9.7% per year).

High Growth Revenue: ASAN's revenue (25.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ASAN's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Asana performed over the past 5 years?

-59.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: ASAN is currently unprofitable.

Growing Profit Margin: ASAN is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: ASAN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.1%).


Return on Equity

High ROE: ASAN has a negative Return on Equity (-94.47%), as it is currently unprofitable.


Financial Health

How is Asana's financial position?


Financial Position Analysis

Short Term Liabilities: ASAN's short term assets ($435.2M) exceed its short term liabilities ($207.6M).

Long Term Liabilities: ASAN's short term assets ($435.2M) exceed its long term liabilities ($248.7M).


Debt to Equity History and Analysis

Debt Level: ASAN's debt to equity ratio (13.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ASAN'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: ASAN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ASAN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Asana current dividend yield, its reliability and sustainability?

0.28%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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

4.8yrs

Average management tenure


CEO

Dustin Moskovitz (37 yo)

10.92yrs

Tenure

US$1

Compensation

Mr. Dustin A. Moskovitz Co-founded Asana, Inc. and has served as a member of its Board of Directors since December 2008. He is Chief Executive Officer at Asana, Inc. since October 2010 and also President s...


CEO Compensation Analysis

Compensation vs Market: Dustin's total compensation ($USD1.00) is below average for companies of similar size in the US market ($USD11.33M).

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


Leadership Team

Experienced Management: ASAN's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: ASAN's board of directors are not considered experienced ( 2.2 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Asana, Inc.
  • Ticker: ASAN
  • Exchange: NYSE
  • Founded: 2008
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$21.675b
  • Shares outstanding: 183.90m
  • Website: https://asana.com

Number of Employees


Location

  • Asana, Inc.
  • 1550 Bryant Street
  • Suite 200
  • San Francisco
  • California
  • 94103
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:55
End of Day Share Price2021/09/16 00:00
Earnings2021/07/31
Annual Earnings2021/01/31


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.