Uipath Inc Intrinsic Value – UIPATH INC Reports 24.0% Year-over-Year Increase in Total Revenue for Third Quarter of FY2024
December 6, 2023
☀️Earnings Overview
UIPATH INC ($NYSE:PATH) reported total revenue of USD 325.9 million for its third quarter of FY2024, ending on October 31 2023; this marked a 24.0% year-over-year increase. Net income improved from the -57.7 million reported in the same period last year to -31.5 million.
Analysis – Uipath Inc Intrinsic Value
GoodWhale has conducted an analysis of UIPATH INC‘s fundamentals and determined its fair value to be around $36.0, calculated using our proprietary Valuation Line. Currently, UIPATH INC stock is trading at $19.8, which is significantly undervalued by 44.9%. This presents an attractive opportunity for investors to purchase the stock at a discounted rate. The analysis conducted by GoodWhale includes a detailed examination of the company’s financial statements, industry comparisons, and other metrics. Our Valuation Line considers factors such as current market conditions, future growth prospects, and the competitive landscape to identify opportunities for investment. With this comprehensive analysis, we believe that UIPATH INC stock is currently undervalued and is an excellent investment opportunity. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Uipath Inc. More…
| Total Revenues | Net Income | Net Margin |
| 1.21k | -151.49 | -12.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Uipath Inc. More…
| Operations | Investing | Financing |
| 247.44 | -557.4 | -131.85 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Uipath Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.79k | 825.85 | 3.46 |
Key Ratios Snapshot
Some of the financial key ratios for Uipath Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 46.6% | – | -18.6% |
| FCF Margin | ROE | ROA |
| 20.0% | -7.1% | -5.0% |
Peers
In the world of robotic process automation (RPA), there are a few major players. UiPath Inc is one of the largest, and its main competitors are Microsoft Corp, Pegasystems Inc, and Salesforce Inc. While all four companies offer similar products and services, UiPath has managed to set itself apart as a leader in the industry.
– Microsoft Corp ($NASDAQ:MSFT)
Microsoft Corporation is an American multinational technology company with a market cap of 1.78 trillion as of 2021. The company develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. The company’s hardware products include the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft has a Return on Equity of 45.3% as of 2022.
Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Microsoft Windows. The company’s 1986 initial public offering (IPO), and subsequent rise in its share price, created three billionaires and an estimated 12,000 millionaires from Microsoft employees. Since the 1990s, Microsoft has increasingly diversified from the operating system market and has made a number of corporate acquisitions. In May 2011, Microsoft acquired Skype Technologies for $8.5 billion in its largest acquisition to date.
– Pegasystems Inc ($NASDAQ:PEGA)
Pegasystems is a software company that specializes in customer relationship management (CRM) and business process management (BPM) software. The company has a market cap of 2.65B as of 2022 and a return on equity of -51.8%. The company’s products are used by large organizations in a variety of industries, including banking, insurance, healthcare, and manufacturing.
– Salesforce Inc ($NYSE:CRM)
Salesforce is an American cloud-based software company specializing in customer relationship management (CRM) products. As of March 2021, it was the world’s largest CRM company with a market capitalization of over $153 billion. The company’s customer relationship management (CRM) product is called Salesforce CRM.
Salesforce was founded in 1999 by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez as a company specializing in software as a service (SaaS). The company’s initial public offering was in June 2004, raising $110 million. In 2015, Salesforce had annual revenue of $5 billion. In 2016, it was ranked the fastest growing software company in the world with a market capitalization of $50 billion. In 2018, Salesforce was ranked the third most innovative company in the world by Forbes.
Summary
UIPATH INC experienced a 24.0% year-over-year increase in revenue for the third quarter of FY2024, ending October 31 2023. The company reported total revenue of USD 325.9 million and net income of USD -31.5 million compared to the previous year’s -57.7 million. This suggests that UIPATH INC is improving its financial health. For investors, this indicates that the company has potential for growth and would make for a good long-term investment.
