Alteryx Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • 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 AYX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AYX ($48.26) is trading below our estimate of fair value ($61.35)

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


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for AYX. This is calculated by dividing AYX's market cap by their current revenue.
What is AYX's PS Ratio?
PS Ratio3.6x
SalesUS$970.00m
Market CapUS$3.49b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for AYX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.2x
ALKT Alkami Technology
12x21.9%US$3.8b
ASAN Asana
4.6x12.6%US$3.1b
DV DoubleVerify Holdings
5.1x12.9%US$3.3b
BRZE Braze
6.9x16.9%US$3.7b
AYX Alteryx
3.6x10.3%US$3.5b

Price-To-Sales vs Peers: AYX is good value based on its Price-To-Sales Ratio (3.6x) compared to the peer average (6.8x).


Price to Sales Ratio vs Industry

How does AYX'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
AYX 3.6xIndustry Avg. 5.1xNo. of Companies81PS048121620+
81 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: AYX is good value based on its Price-To-Sales Ratio (3.6x) compared to the US Software industry average (5.1x).


Price to Sales Ratio vs Fair Ratio

What is AYX'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.

AYX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.6x
Fair PS Ratio6.3x

Price-To-Sales vs Fair Ratio: AYX is good value based on its Price-To-Sales Ratio (3.6x) compared to the estimated Fair Price-To-Sales Ratio (6.3x).


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 AYX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$49.81
0%
8.1%US$60.00US$45.00n/a9
Nov ’25n/a
US$49.81
0%
8.1%US$60.00US$45.00n/a9
Oct ’25n/a
US$49.81
0%
8.1%US$60.00US$45.00n/a9
Sep ’25n/a
US$49.81
0%
8.1%US$60.00US$45.00n/a9
Aug ’25n/a
US$49.81
0%
8.1%US$60.00US$45.00n/a9
Jul ’25n/a
US$49.81
0%
8.1%US$60.00US$45.00n/a9
Jun ’25n/a
US$49.81
0%
8.1%US$60.00US$45.00n/a9
May ’25n/a
US$49.81
0%
8.1%US$60.00US$45.00n/a9
Apr ’25n/a
US$49.81
0%
8.1%US$60.00US$45.00n/a9
Mar ’25US$48.07
US$49.53
+3.0%
7.5%US$60.00US$45.00n/a11
Feb ’25US$47.50
US$49.53
+4.3%
7.5%US$60.00US$45.00n/a11
Jan ’25US$47.16
US$49.30
+4.5%
7.6%US$60.00US$45.00n/a12
Dec ’24US$41.88
US$47.73
+14.0%
19.3%US$64.00US$32.00n/a16
Nov ’24US$31.06
US$47.11
+51.7%
21.5%US$64.00US$30.00n/a15
Oct ’24US$37.69
US$47.11
+25.0%
21.5%US$64.00US$30.00n/a15
Sep ’24US$29.73
US$48.01
+61.5%
23.9%US$65.20US$30.00n/a15
Aug ’24US$41.12
US$66.48
+61.7%
13.9%US$95.00US$55.00n/a15
Jul ’24US$45.40
US$66.48
+46.4%
13.9%US$95.00US$55.00n/a15
Jun ’24US$43.05
US$67.13
+55.9%
14.1%US$95.00US$55.00n/a15
May ’24US$37.95
US$66.13
+74.3%
14.7%US$95.00US$55.00n/a15
Apr ’24US$58.84
US$77.19
+31.2%
11.6%US$95.00US$63.00n/a16
Mar ’24US$65.34
US$76.44
+17.0%
12.5%US$95.00US$63.00US$48.0716
Feb ’24US$57.04
US$68.01
+19.2%
17.8%US$95.00US$50.00US$47.5016
Jan ’24US$50.67
US$68.13
+34.5%
17.7%US$95.00US$50.00US$47.1616
Dec ’23US$46.30
US$69.67
+50.5%
16.1%US$95.00US$50.00US$41.8815
Nov ’23US$48.10
US$74.14
+54.1%
22.4%US$127.00US$53.00US$31.0615

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


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