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:
We started the process of determining a valid price forecast for Workiva Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Workiva Inc ranked in the 9th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for Workiva Inc ended up being:
The company has produced more trailing twelve month cash flow than merely 22.71% of its sector Technology.
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.
Workiva Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -3.94. This coverage rate is greater than that of only 13.29% of stocks we're observing for the purpose of forecasting via discounted cash flows.
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, SAP, SONO, TDC, and CLRO.
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.
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 […]