Atlassian Piotroski F Score

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USD 122.01  4.44  3.51%   

This module uses fundamental data of Atlassian Corp to approximate its Piotroski F score. Atlassian Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Atlassian Corp. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Atlassian Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, take a look at Atlassian Corp Altman Z Score, Atlassian Corp Correlation, Atlassian Corp Valuation, as well as analyze Atlassian Corp Alpha and Beta and Atlassian Corp Hype Analysis.
  
Debt to Equity Ratio is expected to hike to 3.21 this year, although the value of Long Term Debt to Equity will most likely fall to 2.23. Atlassian Corp Cash Flow Per Share is relatively stable at the moment as compared to the past year. The company's current value of Cash Flow Per Share is estimated at 3.74. Quick Ratio is expected to hike to 1.55 this year, although the value of Operating Margin will most likely fall to (3.90) .
At this time, it appears that Atlassian Corp's Piotroski F Score is Poor. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
4.0
Piotroski F Score - Poor
1
Current Return On AssetsNegativeFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthDecreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeN/AFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginNo ChangeFocus

Atlassian Corp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Atlassian Corp is to make sure Atlassian is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Atlassian Corp's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Atlassian Corp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted220.3 M253.3 M
Fairly Down
Increasing
Slightly volatile
Weighted Average Shares219.6 M253.3 M
Fairly Down
Increasing
Slightly volatile
Return on Average Assets(21.01)(19.4758)
Significantly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations953.2 M883.5 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities1.3 B1.6 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities3.3 BB
Significantly Up
Increasing
Slightly volatile
Gross Margin78.4783.3847
Notably Down
Increasing
Slightly volatile
Asset Turnover0.830.8889
Significantly Down
Decreasing
Slightly volatile
Current Assets1.6 B1.9 B
Significantly Down
Increasing
Slightly volatile
Total Assets3.6 B3.4 B
Significantly Up
Increasing
Slightly volatile

Atlassian Corp F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Atlassian Corp's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Atlassian Corp in a much-optimized way.

About Atlassian Corp Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value per Share

3.88

Atlassian Corp Book Value per Share is relatively stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 3.88

Atlassian Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Atlassian Corp from analyzing Atlassian Corp's financial statements. These drivers represent accounts that assess Atlassian Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Atlassian Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(45.24 K)(176.33 K)(71.27 K)(108.24 K)(69.68 K)(75.19 K)
Revenue Per Employee331.29 K334.66 K328.05 K324.75 K318.04 K294.27 K
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(43.68 M)(592.11 M)(326.47 M)(611.12 M)(545.81 M)(560.17 M)

About Atlassian Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Atlassian Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlassian Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlassian Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Atlassian Corporation was founded in 2002 and is headquartered in Sydney, Australia. Atlassian Corp operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 8813 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Atlassian Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Atlassian Corp Altman Z Score, Atlassian Corp Correlation, Atlassian Corp Valuation, as well as analyze Atlassian Corp Alpha and Beta and Atlassian Corp Hype Analysis. Note that the Atlassian Corp information on this page should be used as a complementary analysis to other Atlassian Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Atlassian Corp price analysis, check to measure Atlassian Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atlassian Corp is operating at the current time. Most of Atlassian Corp's value examination focuses on studying past and present price action to predict the probability of Atlassian Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atlassian Corp's price. Additionally, you may evaluate how the addition of Atlassian Corp to your portfolios can decrease your overall portfolio volatility.
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Is Atlassian Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atlassian Corp. If investors know Atlassian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atlassian Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.72
Market Capitalization
32.2 B
Quarterly Revenue Growth YOY
0.32
Return On Assets
(0.0363) 
Return On Equity
(0.96) 
The market value of Atlassian Corp is measured differently than its book value, which is the value of Atlassian that is recorded on the company's balance sheet. Investors also form their own opinion of Atlassian Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlassian Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atlassian Corp's market value can be influenced by many factors that don't directly affect Atlassian Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atlassian Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Atlassian Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlassian Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.