NYSE:AYX

Stock Analysis Report

Executive Summary

Alteryx, Inc. offers analytics platform for data analysts and scientists worldwide.


Snowflake Analysis

High growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Alteryx's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AYX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-12.8%

AYX

-2.7%

US Software

-1.1%

US Market


1 Year Return

87.1%

AYX

35.5%

US Software

17.9%

US Market

Return vs Industry: AYX exceeded the US Software industry which returned 35.5% over the past year.

Return vs Market: AYX exceeded the US Market which returned 17.9% over the past year.


Shareholder returns

AYXIndustryMarket
7 Day-12.8%-2.7%-1.1%
30 Day2.3%5.4%1.4%
90 Day28.4%13.0%6.9%
1 Year87.1%87.1%36.9%35.5%20.3%17.9%
3 Yearn/a144.6%134.3%47.8%38.3%
5 Yearn/a213.3%190.8%71.9%53.0%

Price Volatility Vs. Market

How volatile is Alteryx's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

4.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AYX ($137.77) is trading below our estimate of fair value ($144.24)

Significantly Below Fair Value: AYX is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: AYX is poor value based on its PE Ratio (321.9x) compared to the Software industry average (49.4x).

PE vs Market: AYX is poor value based on its PE Ratio (321.9x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: AYX is poor value based on its PEG Ratio (10.2x)


Price to Book Ratio

PB vs Industry: AYX is overvalued based on its PB Ratio (21.2x) compared to the US Software industry average (5.9x).


Next Steps

Future Growth

How is Alteryx forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

31.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AYX's forecast earnings growth (31.5% per year) is above the savings rate (1.7%).

Earnings vs Market: AYX's earnings (31.5% per year) are forecast to grow faster than the US market (14.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AYX's revenue (23.1% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: AYX's revenue (23.1% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AYX's Return on Equity is forecast to be low in 3 years time (13.4%).


Next Steps

Past Performance

How has Alteryx performed over the past 5 years?

63.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AYX has a large one-off loss of $20.6M impacting its December 31 2019 financial results.

Growing Profit Margin: AYX's current net profit margins (6.5%) are lower than last year (11.1%).


Past Earnings Growth Analysis

Earnings Trend: AYX has become profitable over the past 5 years, growing earnings by 63.7% per year.

Accelerating Growth: AYX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AYX had negative earnings growth (-3.1%) over the past year, making it difficult to compare to the Software industry average (18.4%).


Return on Equity

High ROE: AYX's Return on Equity (6.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Alteryx's financial position?


Financial Position Analysis

Short Term Liabilities: AYX's short term assets ($972.0M) exceed its short term liabilities ($246.8M).

Long Term Liabilities: AYX's short term assets ($972.0M) exceed its long term liabilities ($670.6M).


Debt to Equity History and Analysis

Debt Level: AYX's debt to equity ratio (164.4%) is considered high.

Reducing Debt: AYX's debt to equity ratio has increased from 19.9% to 164.4% over the past 5 years.


Balance Sheet

Inventory Level: AYX has a low level of unsold assets or inventory.

Debt Coverage by Assets: AYX's debt is covered by short term assets (assets are 1.4x 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.

Stable Cash Runway: AYX is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: AYX is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.2%forecastin3Years0%

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate AYX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AYX's dividends per share have been stable in the past.

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

1.5yrs

Average management tenure


CEO

Dean Stoecker (61yo)

22.9yrs

Tenure

US$4,544,200

Compensation

Mr. Dean A. Stoecker Co-founded Alteryx, Inc. in March 1997 and since then has been its Chairman and Chief Executive Officer since March 1997. Mr. Stoecker served as a Partner at Alteryx, Inc. since 1997.  ...


CEO Compensation Analysis

Compensation vs Market: Dean's total compensation ($USD4.54M) is about average for companies of similar size in the US market ($USD6.39M).

Compensation vs Earnings: Dean's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Dean Stoecker
Co-Founder22.9yrsUS$4.54m12.38% $1.1b
Robert Jones
President & Chief Revenue Officer1.5yrsUS$2.60m0.00023% $20.7k
Kevin Rubin
Chief Financial Officer3.8yrsUS$2.41m0.025% $2.3m
Christopher Lal
Chief Legal Officer3.5yrsUS$1.28m0.0066% $596.5k
Olivia Adams
Co-Founder & Chief Customer Officer0yrsno data1.46% $131.4m
Scott Davidson
Chief Operating Officer0.2yrsno datano data
Derek Knudsen
Chief Technology Officer1.5yrsno data0.0060% $537.1k
Karen Moran
Vice President of Investor Relations0yrsno datano data
Lisa Soto
Director of Corporate Communications0yrsno datano data
Amy Heidersbach
Chief Marketing & Community Officer0.5yrsno datano data

1.5yrs

Average Tenure

53yo

Average Age

Experienced Management: AYX's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Dean Stoecker
Co-Founder22.9yrsUS$4.54m12.38% $1.1b
Jeffrey Horing
Independent Director5.4yrsUS$189.87k0.53% $48.0m
Timothy Maudlin
Independent Director4.2yrsUS$206.12kno data
John Bellizzi
Independent Director8.9yrsUS$193.49k0.026% $2.4m
Kimberly Alexy
Independent Director3yrsUS$205.24k0.0070% $628.1k
Charles Cory
Lead Independent Director0yrsUS$223.49k0.014% $1.3m
Mark Anderson
Independent Director1.3yrsUS$450.72k0.0065% $584.8k
Eileen Schloss
Independent Director2.8yrsUS$198.74k0.0089% $802.9k

4.2yrs

Average Tenure

60.5yo

Average Age

Experienced Board: AYX's board of directors are considered experienced (4.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AYX insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.3%.


Top Shareholders

Company Information

Alteryx, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alteryx, Inc.
  • Ticker: AYX
  • Exchange: NYSE
  • Founded: 1997
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$9.011b
  • Shares outstanding: 65.41m
  • Website: https://www.alteryx.com

Number of Employees


Location

  • Alteryx, Inc.
  • 3345 Michelson Drive
  • Suite 400
  • Irvine
  • California
  • 92612
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AYXNYSE (New York Stock Exchange)YesClass A Common StockUSUSDMar 2017
3AIDB (Deutsche Boerse AG)YesClass A Common StockDEEURMar 2017
0HDDLSE (London Stock Exchange)YesClass A Common StockGBUSDMar 2017
AYXWBAG (Wiener Boerse AG)YesClass A Common StockATEURMar 2017

Biography

Alteryx, Inc. offers analytics platform for data analysts and scientists worldwide. Its software platform includes Alteryx Designer, a data profiling, preparation, blending, and analytics product used to create visual workflows or analytic processes; Alteryx Server, a server-based product for scheduling, sharing, and running analytic processes and applications in a Web-based environment; Alteryx Connect, a collaborative data exploration platform for discovering information assets and sharing recommendations across the enterprise; and Alteryx Promote, an analytics model management product for data scientists and analytics teams to build, manage, monitor, and deploy predictive models into real-time production applications. The company also offers Alteryx Analytics Gallery, a cloud-based collaboration offering that allows users to share workflows in a centralized repository; and Alteryx Community, which allow users to gain valuable insights in its platform. In addition, it provides technical support, instruction, and customer services. The company was formerly known as Alteryx, LLC and changed its name to Alteryx, Inc. in March 2011. Alteryx, Inc. was founded in 1997 and is headquartered in Irvine, California. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/23 01:55
End of Day Share Price2020/02/21 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.