NYSE:GDDY

Stock Analysis Report

Executive Summary

GoDaddy Inc. designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the United States and internationally.

Snowflake

Fundamentals

High growth potential with questionable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

4.2%

GDDY

0.4%

US IT

1.8%

US Market


1 Year Return

-13.7%

GDDY

23.2%

US IT

7.3%

US Market

Return vs Industry: GDDY underperformed the US IT industry which returned 23.2% over the past year.

Return vs Market: GDDY underperformed the US Market which returned 7.3% over the past year.


Shareholder returns

GDDYIndustryMarket
7 Day4.2%0.4%1.8%
30 Day-2.7%-0.3%-0.7%
90 Day-10.9%-2.7%0.06%
1 Year-13.7%-13.7%24.4%23.2%9.7%7.3%
3 Year77.3%77.3%96.4%88.4%46.3%36.9%
5 Yearn/a152.6%129.5%64.5%46.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

29.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: GDDY ($64.52) is trading below our estimate of fair value ($91.89)

Significantly Undervalued: GDDY is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: GDDY is poor value based on its PE Ratio (195.1x) compared to the IT industry average (36.9x).

PE vs Market: GDDY is poor value based on its PE Ratio (195.1x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low PEG Ratio: GDDY is poor value based on its PEG Ratio (4.5x)


Price to Book Ratio

PB vs Industry: GDDY is overvalued based on its PB Ratio (12.1x) compared to the US IT industry average (4.3x).


Next Steps

Future Growth

How is GoDaddy forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

42.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GDDY's forecast earnings growth (42.9% per year) is above the savings rate (2.7%).

Earnings vs Market: GDDY's earnings (42.9% per year) are forecast to grow faster than the US market (14.6% per year).

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

Revenue vs Market: GDDY's revenue (9.7% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: GDDY's revenue (9.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: GDDY's Return on Equity is forecast to be high in 3 years time (24.5%)


Next Steps

Past Performance

How has GoDaddy performed over the past 5 years?

73.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GDDY has become profitable over the past 5 years, growing earnings by 73.4% per year.

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

Earnings vs Industry: GDDY had negative earnings growth (-52.1%) over the past year, making it difficult to compare to the IT industry average (8.4%).


Return on Equity

High ROE: GDDY's Return on Equity (6.1%) is considered low.


Return on Assets

ROA vs Industry: GDDY's Return on Assets is below or equal to the IT industry average last year.


Return on Capital Employed

ROCE Improving: GDDY has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is GoDaddy's financial position?


Financial Position Analysis

Short Term Liabilities: GDDY's short term assets ($1.7B) do not cover its short term liabilities ($2.0B)

Long Term Liabilities: GDDY's short term assets (1.7B) do not cover its long term liabilities (3.5B)


Debt to Equity History and Analysis

Debt Level: GDDY's debt to equity ratio (264.4%) is considered high

Reducing Debt: GDDY's debt to equity ratio has reduced from 377.6% to 264.4% over the past 5 years.

Debt Coverage: GDDY's debt is well covered by operating cash flow (25.4%).

Interest Coverage: GDDY's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet

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

Debt Coverage by Assets: GDDY's debt is not covered by short term assets (assets are 0.7x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.7%industryaverage1.3%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if GDDY'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 GDDY's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of GoDaddy's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Aman Bhutani (43yo)

0.08yrs

Tenure

0

Mr. Amanpal Singh Bhutani, also known as Aman, serves as Chief Executive Officer of GoDaddy Inc. since September 4, 2019. Mr. Bhutani has been a Director of New York Times Company since September 21, 2018. ...


Management Age and Tenure

2.1yrs

Average Tenure

47.5yo

Average Age

Experienced Management: GDDY's management team is considered experienced (2.1 years average tenure).


Board Age and Tenure

4.1yrs

Average Tenure

53.5yo

Average Age

Experienced Board: GDDY's board of directors are considered experienced (4.1 years average tenure).


Insider Trading

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


Recent Insider Transactions

SellUS$76,00317 Sep 19
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares1,160
Max PriceUS$65.52
SellUS$43,34212 Sep 19
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares661
Max PriceUS$65.57
SellUS$21,30906 Sep 19
James Carroll
EntityIndividual
Role
Senior Key Executive
Chief Platform & Globalization Officer and Executive VP of Global Platform Development
Shares339
Max PriceUS$62.86
SellUS$28,22306 Sep 19
Raymond Winborne
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares449
Max PriceUS$62.86
SellUS$64,24106 Sep 19
Andrew Low Ah Kee
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares1,022
Max PriceUS$62.86
SellUS$58,74328 Aug 19
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares926
Max PriceUS$63.60
SellUS$20,85306 Aug 19
Rebecca Morrow
EntityIndividual
Shares302
Max PriceUS$69.05
SellUS$533,14306 Jul 19
Scott Wagner
EntityIndividual
Shares7,606
Max PriceUS$70.10
SellUS$23,86626 Jun 19
James Carroll
EntityIndividual
Role
Senior Key Executive
Chief Platform & Globalization Officer and Executive VP of Global Platform Development
Shares333
Max PriceUS$71.67
SellUS$100,59625 Jun 19
Rebecca Morrow
EntityIndividual
Shares1,337
Max PriceUS$75.24
SellUS$858,63018 Jun 19
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares11,420
Max PriceUS$76.11
SellUS$48,12412 Jun 19
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares655
Max PriceUS$73.47
SellUS$9,53207 Jun 19
Arne Josefsberg
EntityIndividual
Shares133
Max PriceUS$71.67
SellUS$31,60706 Jun 19
Raymond Winborne
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares441
Max PriceUS$71.67
SellUS$71,95806 Jun 19
Andrew Low Ah Kee
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares1,004
Max PriceUS$71.67
SellUS$43,15331 May 19
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares579
Max PriceUS$74.53
SellUS$26,18429 May 19
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares348
Max PriceUS$75.24
SellUS$7,86607 May 19
Rebecca Morrow
EntityIndividual
Shares97
Max PriceUS$81.10
SellUS$573,09904 Apr 19
Scott Wagner
EntityIndividual
Shares7,605
Max PriceUS$75.36
SellUS$86,64014 Mar 19
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares1,144
Max PriceUS$75.73
SellUS$49,46912 Mar 19
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares683
Max PriceUS$72.43
SellUS$132,79506 Mar 19
Raymond Winborne
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares1,805
Max PriceUS$73.57
SellUS$302,22806 Mar 19
Andrew Low Ah Kee
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares4,108
Max PriceUS$73.57
SellUS$40,02206 Mar 19
Arne Josefsberg
EntityIndividual
Shares544
Max PriceUS$73.57
SellUS$99,98306 Mar 19
James Carroll
EntityIndividual
Role
Senior Key Executive
Chief Platform & Globalization Officer and Executive VP of Global Platform Development
Shares1,359
Max PriceUS$73.57
SellUS$171,710,68205 Mar 19
Silver Lake
EntityCompany
Shares2,277,330
Max PriceUS$75.40
SellUS$513,87228 Feb 19
James Carroll
EntityIndividual
Role
Senior Key Executive
Chief Platform & Globalization Officer and Executive VP of Global Platform Development
Shares6,839
Max PriceUS$75.14
SellUS$400,11328 Feb 19
Arne Josefsberg
EntityIndividual
Shares5,325
Max PriceUS$75.14
SellUS$47,56328 Feb 19
Rebecca Morrow
EntityIndividual
Shares633
Max PriceUS$75.14
SellUS$646,94228 Feb 19
Andrew Low Ah Kee
EntityIndividual
Role
Chief Operating Officer
Chief Operating Officer
Shares8,610
Max PriceUS$75.14
SellUS$1,164,79728 Feb 19
Raymond Winborne
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares15,502
Max PriceUS$75.14
SellUS$618,76628 Feb 19
Steven Aldrich
EntityIndividual
Shares8,235
Max PriceUS$75.14
SellUS$2,285,63828 Feb 19
Scott Wagner
EntityIndividual
Shares30,419
Max PriceUS$75.14
SellUS$7,59805 Feb 19
Rebecca Morrow
EntityIndividual
Shares110
Max PriceUS$69.07
SellUS$1,744,43607 Jan 19
Scott Wagner
EntityIndividual
Shares28,744
Max PriceUS$60.69
SellUS$76,05717 Dec 18
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares1,161
Max PriceUS$65.51
SellUS$41,97412 Dec 18
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares661
Max PriceUS$63.50
SellUS$35,37229 Nov 18
Nima Kelly
EntityIndividual
Role
Chief Legal Officer
Chief Legal Officer
Shares530
Max PriceUS$66.74
SellUS$27,22906 Nov 18
Rebecca Morrow
EntityIndividual
Shares367
Max PriceUS$74.19

Ownership Breakdown


Management Team

  • Ray Winborne (51yo)

    Chief Financial Officer

    • Tenure: 3.2yrs
    • Compensation: US$4.13m
  • Nima Kelly (56yo)

    Chief Legal Officer

    • Tenure: 7yrs
    • Compensation: US$6.65m
  • Auguste Goldman (47yo)

    Senior VP & Head of Customer Care

    • Tenure: 2.2yrs
  • James Carroll (48yo)

    Chief Platform & Globalization Officer and Executive VP of Global Platform Development

    • Tenure: 6.5yrs
    • Compensation: US$3.43m
  • Karen Tillman

    Senior VP & Chief Communications Officer

    • Tenure: 0yrs
  • Sam Kemp

    Vice President of Investor Relations & Strategy

    • Tenure: 0yrs
  • Aman Bhutani (43yo)

    Chief Executive Officer

    • Tenure: 0.08yrs
  • Andrew Low Ah Kee (38yo)

    Chief Operating Officer

    • Tenure: 0.7yrs
    • Compensation: US$6.97m
  • Charles Beadnall

    Chief Technology Officer

    • Tenure: 2yrs
  • Fara Howard

    Chief Marketing Officer

    • Tenure: 0.7yrs

Board Members

  • Greg Mondre (45yo)

    Non-Employee Director

    • Tenure: 5.4yrs
  • Herald Chen (49yo)

    Non-Employee Director

    • Tenure: 5.4yrs
  • Chuck Robel (70yo)

    Chairman

    • Tenure: 4.6yrs
    • Compensation: US$451.64k
  • Mark Garrett (61yo)

    Director

    • Tenure: 1.7yrs
    • Compensation: US$294.95k
  • Brian Sharples (59yo)

    Director

    • Tenure: 3.6yrs
    • Compensation: US$310.58k
  • Caroline Donahue (58yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$249.00k
  • Ryan Roslansky (41yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$237.00k
  • Lee Wittlinger (36yo)

    Non-Employee Director

    • Tenure: 5.4yrs

Company Information

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


Key Information

  • Name: GoDaddy Inc.
  • Ticker: GDDY
  • Exchange: NYSE
  • Founded: 2014
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Implied Market Cap: US$11.468b
  • Market Cap: US$11.418b
  • Shares outstanding: 178.52m
  • Website: https://www.godaddy.com

Number of Employees


Location

  • GoDaddy Inc.
  • 14455 North Hayden Road
  • Scottsdale
  • Arizona
  • 85260
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GDDYNYSE (New York Stock Exchange)YesClass A Common StockUSUSDApr 2015
38DDB (Deutsche Boerse AG)YesClass A Common StockDEEURApr 2015
GDDY *BMV (Bolsa Mexicana de Valores)YesClass A Common StockMXMXNApr 2015

Biography

GoDaddy Inc. designs and develops cloud-based technology products for small businesses, Web design professionals, and individuals in the United States and internationally. The company provides domain name  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 00:16
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.