Atlassian Corp Intrinsic Value Calculation – WCM Investment Management LLC Increases Stake in Atlassian Corp by 61.6% in Q4
May 2, 2023
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WCM Investment Management LLC increased their stake in the company by 61.6%. Headquartered in Sydney, Australia, Atlassian Corp ($NASDAQ:TEAM) offers a variety of software solutions for teams of all sizes. With its comprehensive product portfolio, the company helps teams collaborate and build better software faster. These tools include Jira for project tracking, Confluence for content collaboration, and Trello for task management.
The increase in investment from WCM Investment Management LLC highlights the confidence that investors have in Atlassian Corp and is seen as a major vote of confidence in the company’s future prospects. It also reflects the value that its products have in helping teams collaborate and build better software faster. With this increased stake in the company, it is expected that Atlassian Corp will continue to experience growth and success in the years ahead.
Price History
The stock opened at $146.1 and closed at $149.6, representing a 1.3% increase from the prior closing price of $147.7. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Atlassian Corp. More…
| Total Revenues | Net Income | Net Margin |
| 3.18k | -399.36 | -4.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Atlassian Corp. More…
| Operations | Investing | Financing |
| 855.01 | -53.86 | -47.15 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Atlassian Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.61k | 3.04k | 2.25 |
Key Ratios Snapshot
Some of the financial key ratios for Atlassian Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.0% | – | -7.5% |
| FCF Margin | ROE | ROA |
| 24.5% | -28.0% | -4.1% |
Analysis – Atlassian Corp Intrinsic Value Calculation
At GoodWhale, we believe in providing users with the best insights and analysis on companies. After careful study, we have determined that ATLASSIAN CORP is an attractive investment opportunity. According to our proprietary Valuation Line, the fair value of ATLASSIAN CORP share is around $318.2. That being said, the current market price for ATLASSIAN CORP stock is $149.6, which means that it is undervalued by 53.0%. This presents an exceptional buying opportunity for investors looking to capitalize on this mispricing. More…
Peers
Atlassian Corporation PLC, Microsoft Corp, DocuSign Inc, and Salesforce Inc are all vying for a spot in the top software company. While Atlassian Corporation PLC may be the current leader, the competition is fierce and any of the companies could take the top spot. All four companies offer a variety of software products and services that are essential for businesses of all sizes. The products and services offered by these companies help businesses to run more efficiently and connect with customers.
– Microsoft Corp ($NASDAQ:MSFT)
Microsoft Corporation is an American multinational technology company with a market cap of $1.76 trillion and a return on equity of 45.3%. The company develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers.
– DocuSign Inc ($NASDAQ:DOCU)
DocuSign Inc. is an American company that provides electronic signature technology and digital transaction management services for facilitating electronic exchanges of contracts and other documents. The company has a market capitalization of $9.35 billion as of May 2021 and a negative return on equity of 15.28%. DocuSign’s revenue for the fiscal year 2020 was $1.1 billion, an increase of 47% from the previous fiscal year. The company’s primary competitors include Adobe Sign, HelloSign, and eSignLive.
– Salesforce Inc ($NYSE:CRM)
Salesforce Inc.’s market cap as of 2022 is 153.67B. The company’s ROE for the same year is 0.08%. Salesforce Inc. is a cloud-based software company that provides customer relationship management (CRM) and enterprise cloud computing services.
Summary
ATLASSIAN CORP is an investment opportunity that has attracted attention from investors. In the fourth quarter, WCM Investment Management LLC increased its stake in the company by 61.6%, indicating increased confidence in the stock’s future prospects. This follows other bullish indicators, such as strong sales growth, improving cash flow and a strong balance sheet.
Analysts remain positive on the stock and recommend that investors take advantage of the current market conditions and buy ATLASSIAN CORP. With low debt and strong cash reserves, the company is well positioned to capitalize on future growth opportunities.
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