Workiva Inc. provides cloud-based solutions for connected data, reporting, and compliance worldwide.
Excellent balance sheet with concerning outlook.
Share Price & News
How has Workiva's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WK has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WK underperformed the US Software industry which returned 43.7% over the past year.
Return vs Market: WK underperformed the US Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is Workiva's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDid Business Growth Power Workiva's (NYSE:WK) Share Price Gain of 248%?
1 month ago | Simply Wall StWorkiva (NYSE:WK) Has Debt But No Earnings; Should You Worry?
2 months ago | Simply Wall StWhat Kind Of Share Price Volatility Should You Expect For Workiva Inc. (NYSE:WK)?
Is Workiva undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: WK ($47.76) is trading above our estimate of fair value ($13.85)
Significantly Below Fair Value: WK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: WK is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: WK 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 WK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WK is overvalued based on its PB Ratio (31.6x) compared to the US Software industry average (6x).
How is Workiva forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WK is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: WK is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: WK is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: WK's revenue (15.5% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: WK's revenue (15.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WK is forecast to be unprofitable in 3 years.
How has Workiva performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WK is currently unprofitable.
Growing Profit Margin: WK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: WK is unprofitable, and losses have increased over the past 5 years at a rate of -1.9% per year.
Accelerating Growth: Unable to compare WK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: WK is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.4%).
Return on Equity
High ROE: WK has a negative Return on Equity (-56.4%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Workiva's financial position?
Financial Position Analysis
Short Term Liabilities: WK's short term assets ($550.9M) exceed its short term liabilities ($209.8M).
Long Term Liabilities: WK's short term assets ($550.9M) exceed its long term liabilities ($346.8M).
Debt to Equity History and Analysis
Debt Level: WK's debt to equity ratio (397%) is considered high.
Reducing Debt: WK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Inventory Level: WK has a low level of unsold assets or inventory.
Debt Coverage by Assets: WK's debt is covered by short term assets (assets are 2x 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: Whilst unprofitable WK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.5% per year.
What is Workiva's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate WK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate WK'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 WK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if WK'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 WK's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Marty Vanderploeg (62yo)
Mr. Martin J. Vanderploeg, also known as Marty, Ph.D., has been the Chief Executive Officer at Workiva Inc. since June 11, 2018. Mr. Vanderploeg has been President at Workiva Inc. since December 12, 2014. ...
CEO Compensation Analysis
Compensation vs Market: Marty's total compensation ($USD3.83M) is about average for companies of similar size in the US market ($USD3.81M).
Compensation vs Earnings: Marty's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||5.8yrs||US$4.57m||0.32% $7.1m|
|Executive VP & CTO||5.2yrs||US$5.39m||3.6% $80.0m|
|Executive VP||2.3yrs||US$4.02m||0.26% $5.7m|
|Executive VP & Chief Revenue Officer||1.5yrs||US$5.00m||0.069% $1.5m|
|Senior VP||5.2yrs||no data||0.047% $1.0m|
|Director of Investor Relations||0yrs||no data||no data|
|SVP of Corporate Communications & Investor Relations||0yrs||no data||no data|
|Senior Vice President of Marketing||0yrs||no data||no data|
|Executive VP & Chief Customer Officer||2.4yrs||no data||0.045% $997.0k|
Experienced Management: WK's management team is considered experienced (2.4 years average tenure).
|Independent Director||5.2yrs||US$259.61k||0.054% $1.2m|
|Independent Director||5.2yrs||US$260.84k||0.14% $3.2m|
|Non-Executive Chairman||1.7yrs||US$265.58k||0.42% $9.3m|
|Independent Director||1.3yrs||US$210.63k||0.0011% $24.0k|
|Independent Director||5.2yrs||US$266.26k||0.22% $4.8m|
|Independent Director||5.2yrs||US$253.33k||0.21% $4.6m|
|Member of Advisory Board||0yrs||no data||no data|
Experienced Board: WK's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WK insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.1%.
Workiva Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Workiva Inc.
- Ticker: WK
- Exchange: NYSE
- Founded: 2008
- Industry: Application Software
- Sector: Software
- Market Cap: US$2.219b
- Shares outstanding: 46.46m
- Website: https://www.workiva.com
Number of Employees
- Workiva Inc.
- 2900 University Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WK||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Dec 2014|
|0WKA||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Dec 2014|
Workiva Inc. provides cloud-based solutions for connected data, reporting, and compliance worldwide. The company offers Wdesk, a platform that provides data collection and linking, data integrations, controlled collaboration, granular permissions, process management, and full audit trail services; and Wdata, which includes data preparation tools, data connectors, and application programming interfaces that enable customers to create direct connections to their data. It serves public and private companies, government agencies, and higher-education institutions. Workiva Inc. has a partnership agreement with FloQast to provide connected reporting and compliance solution to private companies and other companies before and after they issue an initial public offering of stock. The company was founded in 2008 and is headquartered in Ames, Iowa.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 01:38|
|End of Day Share Price||2020/02/18 00:00|
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.