AutoDesk operates as a design software and services company worldwide. The Company serves customers in the architecture, engineering and construction; manufacturing, and digital media, consumer and entertainment industries. The company was founded in 1982 and is based in San Rafael, California.
ADSK Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Autodesk Inc. To summarize, we found that Autodesk Inc ranked in the 34th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 45.5%. In terms of the factors that were most noteworthy in this DCF analysis for ADSK, they are:
The company has produced more trailing twelve month cash flow than 86.05% of its sector Technology.
The business' balance sheet reveals debt to be 4% of the company's capital (with equity being the remaining amount). Approximately only 11.99% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
ADSK's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 49.84% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
HQY, NXGN, TER, DBX, and ROG can be thought of as valuation peers to ADSK, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
ATLANTA , July 8, 2020 /PRNewswire/ -- eVolve MEP ®, the industry leading family of data-driven, AI-enhanced, SaaS platform based products for the mechanical, electrical and plumbing (MEP) contractor industry, announced today that it will be officially partnering with Autodesk Inc. and GTP Services LLC to provide a more comprehensive fabrication workflow that will enable MEP contractors to more easily adopt Building Information Modeling (BIM) Autodesk® software products and workflows. This partnership will help contractors create safer environments, allow more projects to be completed on time, combat the skilled labor shortage, and increase overall project efficiency and profitability. At … Full story available on Benzinga.com
Shares of Autodesk (NASDAQ: ADSK) increased 13.7% in June, according to data from S&P Global Market Intelligence. The move comes after a slew of upgrades from Wall Street analysts after the company's investor day in early June. For obvious reasons, the COVID-19 pandemic has created uncertainty around the end market demand environment for Autodesk.
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. We are almost done with the second quarter. Investors decided […]
The family investment firm of Andrew Saul, the commissioner of Social Security, disclosed sales of shares of Exxon Mobil, Danaher, and Visa in March. The firm also bought shares of design-software firm Autodesk.