stock.name

Autodesk Inc.

ADSK

Market Cap$55.89B
Close$

Compare Autodesk

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Autodesk Inc.Autodesk Inc.60.90%62%10.71.5
marketMarket Avg49.51.28%13%6.20.1
TechnologyTechnology Avg17.30.64%48%110.9

Earnings Call Q3 2024

November 21, 2023 - AI Summary

Autodesk reported strong financial performance in the third quarter, with total revenue growing 10% and 13% in constant currency.
The company's subscription business model and product diversification have helped balance out challenges in different regions and industries.
Autodesk is transitioning to a new transaction model that will provide a more direct relationship with customers and closer integration with channel partners. This transition may result in a shift from contra revenue to operating costs but is expected to be a long-term tailwind for revenue, operating income, and free cash flow.
The company continues to see momentum in the AEC (architecture, engineering, and construction) sector, particularly in transportation, water infrastructure, and construction. Autodesk Construction Cloud monthly active users were up over 100% in the quarter.
In manufacturing, Autodesk is making progress with its strategic initiatives, including expanding its footprint beyond design studios into manufacturing and connected factories. Fusion 360 subscriptions continue to grow strongly.
Looking ahead to fiscal year 2025, Autodesk expects revenue growth of about 9% or more, driven by factors such as the non-recurrence of upfront and true-up revenue from EBAs, foreign exchange headwinds, and the potential impact of the new transaction model. The company aims to achieve sustainable double-digit growth and maintain a Rule of 40 framework. Note: The transcript does not mention specific details about dividends or buybacks.
$200.00

Target Price by Analysts

22.2% downsideAutodesk Target Price DetailsTarget Price
$262.14

Current Fair Value

2% upside

Undervalued by 2% based on the discounted cash flow analysis.

Share Statistics

Market cap$55.89 Billion
Enterprise Value$56.21 Billion
Dividend Yield$0.0 (0.0%)
Earnings per Share$4.24
Beta1.52
Outstanding Shares213,915,325
Avg 30 Day Volume1,185,228

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio60.94
PEG280.62
Price to Sales10.71
Price to Book Ratio42.83
Enterprise Value to Revenue10.52
Enterprise Value to EBIT51.57
Enterprise Value to Net Income61
Total Debt to Enterprise0.04
Debt to Equity1.54

Revenue Sources

No data

ESG Score

No data

About Autodesk Inc.

CEO: Andrew Anagnost