NYSE:WORK

Stock Analysis Report

Executive Summary

Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally.

Snowflake

Fundamentals

Flawless balance sheet with limited growth.

Risks

  • Slack Technologies has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

1.8%

NYSE:WORK

2.4%

US Software

2.1%

US Market


1 Year Return

n/a

NYSE:WORK

17.5%

US Software

-0.04%

US Market

No trading data on WORK.

No trading data on WORK.


Share holder returns

WORKIndustryMarket
7 Day1.8%2.4%2.1%
30 Day-10.4%-3.7%-3.2%
90 Dayn/a4.0%2.8%
1 Yearn/a19.2%17.5%2.2%-0.04%
3 Yearn/a116.1%107.6%41.5%32.3%
5 Yearn/a164.7%145.6%55.0%37.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Slack Technologies undervalued based on future cash flows and its price relative to the stock market?


Intrinsic Value Based on Future Cash Flows

Slack Technologies's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Slack Technologies's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Slack Technologies is loss making, we can't compare its value to the US Software industry average.

Slack Technologies is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Slack Technologies, we can't assess if its growth is good value.


Price Based on Value of Assets

Slack Technologies has negative assets, we can't compare the value of its assets to the US Software industry average.


Next Steps

Future Growth

How is Slack Technologies expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

44.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Slack Technologies's revenue is expected to grow significantly at over 20% yearly.

Slack Technologies is not considered high growth as it is expected to be loss making for the next 1-3 years.

Slack Technologies's revenue growth is expected to exceed the United States of America market average.

Unable to compare Slack Technologies's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Slack Technologies's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Slack Technologies will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.


Next Steps

Past Performance

How has Slack Technologies performed over the past 5 years?

12.9%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Slack Technologies does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare Slack Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Slack Technologies's 1-year growth to the US Software industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Slack Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Slack Technologies has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Slack Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Slack Technologies's financial position?


Financial Position Analysis

Slack Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Slack Technologies's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Slack Technologies has no debt.

Slack Technologies has not taken on any debt in the past 5 years.


Balance Sheet

Low level of unsold assets.

Slack Technologies has no debt, it does not need to be covered by short term assets.


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.

Slack Technologies has sufficient cash runway for more than 3 years based on current free cash flow.

Slack Technologies has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 4.1% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Slack Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Slack Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Slack Technologies has not reported any payouts.

Unable to verify if Slack Technologies's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Slack Technologies has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Slack Technologies's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

Daniel Butterfield (46yo)

10.5yrs

Tenure

US$10,347,246

Compensation

Mr. Daniel Stewart Butterfield o-founded Slack Technologies, Inc. and has been Chief Executive Officer and Chairman since February 2009. Mr. Butterfield co-founded Flickr at Yahoo! Inc. Mr. Butterfield ha ...


CEO Compensation Analysis

Daniel's remuneration is about average for companies of similar size in United States of America.

Insufficient data for Daniel to compare compensation growth.


Management Age and Tenure

2.1yrs

Average Tenure

50yo

Average Age

The tenure for the Slack Technologies management team is about average.


Board Age and Tenure

2.2yrs

Average Tenure

46yo

Average Age

The average tenure for the Slack Technologies board of directors is less than 3 years, this suggests a new board.


Insider Trading

Slack Technologies individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$3,39502 Aug 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares100
Max PriceUS$33.95
SellUS$87,50015 Jul 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares2,500
Max PriceUS$35.00
SellUS$88,46012 Jul 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares2,500
Max PriceUS$36.12
SellUS$87,85011 Jul 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares2,500
Max PriceUS$35.14
SellUS$87,77510 Jul 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares2,500
Max PriceUS$35.11
SellUS$89,25009 Jul 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares2,500
Max PriceUS$35.70
SellUS$89,97505 Jul 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares2,500
Max PriceUS$35.99
SellUS$91,75002 Jul 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares2,500
Max PriceUS$36.70
SellUS$92,40601 Jul 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares2,500
Max PriceUS$37.69
SellUS$92,00528 Jun 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares2,500
Max PriceUS$37.32
SellUS$1,852,00028 Jun 19
Robert Frati
EntityIndividual
Role
Head of Sales
Senior Vice President of Sales & Customer Success
Shares50,000
Max PriceUS$37.04
SellUS$88,56927 Jun 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares2,500
Max PriceUS$36.09
SellUS$90,43426 Jun 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares2,500
Max PriceUS$36.71
SellUS$101,351,25025 Jun 19
AH Capital Management, L.L.C.
EntityCompany
Shares2,625,000
Max PriceUS$38.61
SellUS$14,625,00025 Jun 19
Andreessen Horowitz LLC
EntityCompany
Shares375,000
Max PriceUS$39.00
SellUS$329,510,00025 Jun 19
Accel
EntityCompany
Shares8,500,000
Max PriceUS$40.76
SellUS$33,930,74225 Jun 19
Daniel Butterfield
EntityIndividual
Role
Chief Executive Officer
Co-Founder
Shares862,500
Max PriceUS$41.66
SellUS$735,48525 Jun 19
Brandon Zell
EntityIndividual
Role
Chief Accounting Officer
Chief Accounting Officer
Shares17,895
Max PriceUS$41.10
SellUS$3,850,00025 Jun 19
Allen Shim
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares100,000
Max PriceUS$38.50
SellUS$39,653,02725 Jun 19
Social Capital
EntityCompany
Shares1,017,067
Max PriceUS$39.93

Ownership Breakdown


Management Team

  • David Schellhase (55yo)

    General Counsel & Secretary

    • Tenure: 2.7yrs
  • Cal Henderson (38yo)

    Co-Founder & CTO

    • Tenure: 0.0yrs
  • Daniel Butterfield (46yo)

    Co-Founder

    • Tenure: 10.5yrs
    • Compensation: US$10.35m
  • Tamar Yehoshua (54yo)

    Chief Product Officer

    • Tenure: 0.6yrs
  • John O’Farrel (60yo)

    Director

    • Tenure: 8.3yrs
  • Allen Shim (38yo)

    Chief Financial Officer

    • Tenure: 1.6yrs
    • Compensation: US$3.80m
  • Robert Frati (50yo)

    Senior Vice President of Sales & Customer Success

    • Tenure: 1.5yrs
    • Compensation: US$1.54m
  • Brandon Zell

    Chief Accounting Officer

    • Tenure: 0.0yrs

Board Members

  • Graham Smith (59yo)

    Director

    • Tenure: 0.7yrs
    • Compensation: US$1.75m
  • John O'Farrell (60yo)

    Lead Independent Director

    • Tenure: 0.0yrs
  • Edith Cooper (57yo)

    Director

    • Tenure: 1.6yrs
  • Chamath Palihapitiya (42yo)

    Director

    • Tenure: 2.0yrs
  • Mamoon Hamid (41yo)

    Director

    • Tenure: 0.0yrs
  • Sarah Friar (46yo)

    Director

    • Tenure: 2.4yrs
    • Compensation: US$3.02m
  • Daniel Butterfield (46yo)

    Co-Founder

    • Tenure: 10.5yrs
    • Compensation: US$10.35m
  • Andrew Braccia (43yo)

    Director

    • Tenure: 9.4yrs

Company Information

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


Key Information

  • Name: Slack Technologies, Inc.
  • Ticker: WORK
  • Exchange: NYSE
  • Founded: 2009
  • Industry: Application Software
  • Sector: Software
  • Market Cap: US$15.413b
  • Shares outstanding: 504.51m
  • Website: https://slack.com

Number of Employees


Location

  • Slack Technologies, Inc.
  • 500 Howard Street
  • San Francisco
  • California
  • 94105
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WORKNYSE (New York Stock Exchange)YesClass A Common StockUSUSDJun 2019
8S0DB (Deutsche Boerse AG)YesClass A Common StockDEEURJun 2019
WORKWBAG (Wiener Boerse AG)YesClass A Common StockATEURJun 2019

Biography

Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 00:48
End of Day Share Price2019/08/22 00:00
Earnings2019/04/30
Annual Earnings2019/01/31


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.