Workiva Inc. provides a cloud-based and mobile-enabled platform for enterprises to collect, manage, report, and analyze critical business data in real time. The company was founded in 2008 and is based in Ames, Iowa.
WK 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 Workiva Inc. To summarize, we found that Workiva Inc ranked in the 10th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Workiva Inc, consider:
Interest coverage, a measure of earnings relative to interest payments, is -3.94; that's higher than only 15.41% of US stocks in the Technology sector that have positive free cash flow.
Workiva Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as WK, try ITRI, MRVL, SONO, SSNT, and TDC.
AMES, Iowa--(BUSINESS WIRE)---- $WK #100BestCos--Workiva Inc. (NYSE:WK), the company that simplifies complex work, wrapped up its largest annual conference, Workiva Amplify, following three days of incredible virtual experiences. More than 6,000 attendees from over 60 countries participated in 42 customer, partner and Workiva led sessions focused on solving the universal challenges of data, process and reporting complexity. “This year’s record attendance at Amplify underscores the importance that organizations hav
CHICAGO--(BUSINESS WIRE)---- $WK #ConnectedData--The SOX & Internal Controls Professionals Group today announces Sherron Watkins, the former Enron vice president who exposed the company’s corporate misconduct and paved the way for the Sarbanes-Oxley Act (SOX), will lead a discussion on ethics and finding your voice at the group’s annual summit, to be held virtually on Sept. 29, 2020, from 2:00-3:30 p.m. ET. In her interview with SOX & Internal Controls Executive Advisor and Workiva Senior Director of Product
AMES, Iowa--(BUSINESS WIRE)---- $WK #100BestCos--Workiva Inc. (NYSE:WK), the company that simplifies complex work, announced today that two agencies (Justice Management Division and the Bureau of Alcohol, Tobacco, Firearms, and Explosives) from U. S. Department of Justice (DOJ) have selected the Workiva platform to streamline and automate a wide array of financial and performance management processes. Vertosoft, a government software distributor, was awarded the contract for Workiva to simplify and standardize com
Federal finance teams are producing more work with limited resources, but pressure for timely, accurate, transparent reporting has been growing over the last several months. Workiva, whose connected reporting and compliance solutions serve more than 3,500 public and private organizations, has identified tactics to deliver short-term results and set up teams for long-term success. In […]
CHICAGO--(BUSINESS WIRE)-- #100BestCos--The SOX & Internal Controls Professionals Group today released the findings of its fifth-annual State of the SOX and Internal Controls Market Survey. The survey, which was conducted in partnership with Workiva Inc. (NYSE:WK), measures the costs, execution, challenges and priorities faced by companies that comply with the Sarbanes-Oxley Act (SOX). "In its fifth year, our survey reflects the broad experience of SOX professionals over time and presents a balanced pers