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Market Cap

US$7.3b

Last Updated

2021/04/16 22:52 UTC

Data Sources

Company Financials +

Executive Summary

Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer’s applications in the United States, the Asia Pacific, Europe, and internationally. More Details


Snowflake Analysis

Flawless balance sheet with limited growth.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: FSLY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: FSLY's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

3.2%

FSLY

1.8%

US IT

1.6%

US Market


1 Year Return

202.0%

FSLY

66.8%

US IT

57.5%

US Market

Return vs Industry: FSLY exceeded the US IT industry which returned 66.8% over the past year.

Return vs Market: FSLY exceeded the US Market which returned 57.5% over the past year.


Shareholder returns

FSLYIndustryMarket
7 Day3.2%1.8%1.6%
30 Day-7.0%3.5%3.4%
90 Day-20.6%10.8%8.6%
1 Year202.0%202.0%68.4%66.8%60.3%57.5%
3 Yearn/a107.3%99.8%62.6%51.9%
5 Yearn/a210.6%189.5%119.9%95.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

7.55x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FSLY's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FSLY's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: FSLY is overvalued based on its PB Ratio (7.7x) compared to the US IT industry average (5.3x).


Future Growth

How is Fastly forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

-15.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: FSLY's revenue (21% per year) is forecast to grow faster than the US market (9.4% per year).

High Growth Revenue: FSLY's revenue (21% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FSLY is forecast to be unprofitable in 3 years.


Past Performance

How has Fastly performed over the past 5 years?

-86.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: FSLY is currently unprofitable.

Growing Profit Margin: FSLY is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: FSLY is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (8.4%).


Return on Equity

High ROE: FSLY has a negative Return on Equity (-9.03%), as it is currently unprofitable.


Financial Health

How is Fastly's financial position?


Financial Position Analysis

Short Term Liabilities: FSLY's short term assets ($261.3M) exceed its short term liabilities ($94.1M).

Long Term Liabilities: FSLY's short term assets ($261.3M) exceed its long term liabilities ($64.0M).


Debt to Equity History and Analysis

Debt Level: FSLY is debt free.

Reducing Debt: FSLY had no debt 5 years ago.


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: FSLY has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: FSLY has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 10.3% each year


Dividend

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


Dividend Yield vs Market

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

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

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

3.2yrs

Average management tenure


CEO

Joshua Bixby (42 yo)

1.17yrs

Tenure

US$2,477,885

Compensation

Mr. Joshua Bixby has been the Chief Executive Officer and Director of Fastly Inc. since February 18, 2020. He has been Director at Hydrolix Inc. since September 2019. He has been Founder & Investor & Board...


CEO Compensation Analysis

Compensation vs Market: Joshua's total compensation ($USD2.48M) is below average for companies of similar size in the US market ($USD6.51M).

Compensation vs Earnings: Joshua's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: FSLY's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: FSLY's board of directors are not considered experienced ( 1.7 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: FSLY 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 19.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: Fastly, Inc.
  • Ticker: FSLY
  • Exchange: NYSE
  • Founded: 2011
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: US$7.252b
  • Shares outstanding: 114.62m
  • Website: https://www.fastly.com

Number of Employees


Location

  • Fastly, Inc.
  • 475 Brannan Street
  • Suite 300
  • San Francisco
  • California
  • 94107
  • United States

Listings


Biography

Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer’s applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a categ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/16 22:52
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.