Atlassian Z Score

TEAM
 Stock
  

USD 122.55  3.90  3.08%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Additionally, take a look at Atlassian Corp Piotroski F Score and Atlassian Corp Valuation analysis.
  
Atlassian Corp Invested Capital Average is relatively stable at the moment as compared to the past year. The company's current value of Invested Capital Average is estimated at 227.09 Million. Working Capital is expected to hike to about 526.3 M this year, although the value of Capital Expenditure will most likely fall to (42.5 M). Atlassian Corp Revenues is relatively stable at the moment as compared to the past year. The company's current value of Revenues is estimated at 3.02 Billion

Atlassian Z Score Analysis

Atlassian Corp's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Atlassian Corp Z Score

    
  19.79  
Most of Atlassian Corp's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Atlassian Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Atlassian Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Atlassian Corp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Atlassian Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Atlassian Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Atlassian Corp's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

Based on the company's disclosures, Atlassian Corp has a Z Score of 19.79. This is 47.14% higher than that of the Technology sector and significantly higher than that of the Software—Application industry. The z score for all United States stocks is 126.95% lower than that of the firm.

Atlassian Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Atlassian Corp's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Atlassian Corp could also be used in its relative valuation, which is a method of valuing Atlassian Corp by comparing valuation metrics of similar companies.
Atlassian Corp is currently under evaluation in z score category among related companies.

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)

Atlassian Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Atlassian Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Atlassian Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Atlassian Corp's value.
Security TypeSharesValue
Zweigdimenna Associates LlcCommon Shares25.4 K5.4 M
Zweigdimenna Associates LlcCommon Shares2.5 K343 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.6 K1.2 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.6 K1.1 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.6 K1.7 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.6 K2.1 M
Zurcher Kantonalbank Zurich CantonalbankCommon Shares5.5 K2.2 M

Atlassian Fundamentals

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 Piotroski F Score and Atlassian Corp Valuation 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Atlassian Stock analysis

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.