Stock Analysis on Net
Stock Analysis on Net

Autodesk Inc. (NASDAQ:ADSK)

This company has been moved to the archive! The financial data has not been updated since December 3, 2021.

Price to FCFE (P/FCFE)

Microsoft Excel

Free Cash Flow to Equity (FCFE)

Autodesk Inc., FCFE calculation

US$ in thousands

Microsoft Excel
12 months ended: Jan 31, 2021 Jan 31, 2020 Jan 31, 2019 Jan 31, 2018 Jan 31, 2017 Jan 31, 2016
Net income (loss) 1,208,200 214,500 (80,800) (566,900) (582,100) (330,500)
Net noncash charges (217,600) 488,600 371,800 432,100 395,000 553,900
Changes in operating assets and liabilities, net of business combinations 446,600 712,000 86,100 135,700 356,800 190,600
Net cash provided by operating activities 1,437,200 1,415,100 377,100 900 169,700 414,000
Purchases of developed technologies (4,800) — — — — —
Capital expenditures (91,100) (53,200) (67,000) (50,700) (76,000) (72,400)
Proceeds from debt, net of discount — 498,900 500,000 496,900 — 748,300
Repayments of debt (450,000) (500,000) — (400,000) — —
Free cash flow to equity (FCFE) 891,300 1,360,800 810,100 47,100 93,700 1,089,900

Based on: 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31).

Item Description The company
FCFE Free cash flow to equity is the cash flow available to Autodesk Inc. equity holders after all operating expenses, interest, and principal payments have been paid and necessary investments in working and fixed capital have been made. Autodesk Inc. FCFE increased from 2019 to 2020 but then slightly decreased from 2020 to 2021 not reaching 2019 level.

Price to FCFE Ratio, Current

Autodesk Inc., current P/FCFE calculation, comparison to benchmarks

Microsoft Excel
No. shares of common stock outstanding 219,973,417
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in thousands) 891,300
FCFE per share 4.05
Current share price (P) 259.02
Valuation Ratio
P/FCFE 63.93
Benchmarks
P/FCFE, Competitors1
Accenture PLC 21.87
Adobe Inc. 32.91
International Business Machines Corp. 9.82
Intuit Inc. 42.84
Microsoft Corp. 52.96
Oracle Corp. 14.89
Palo Alto Networks Inc. 96.72
Salesforce Inc. 34.31
ServiceNow Inc. 55.45
Synopsys Inc. 52.47
P/FCFE, Sector
Software & Services 44.54
P/FCFE, Industry
Information Technology 39.75

Based on: 10-K (reporting date: 2021-01-31).

1 Click competitor name to see calculations.

If the company P/FCFE is lower then the P/FCFE of benchmark then company is relatively undervalued.
Otherwise, if the company P/FCFE is higher then the P/FCFE of benchmark then company is relatively overvalued.

Price to FCFE Ratio, Historical

Autodesk Inc., historical P/FCFE calculation, comparison to benchmarks

Microsoft Excel
Jan 31, 2021 Jan 31, 2020 Jan 31, 2019 Jan 31, 2018 Jan 31, 2017 Jan 31, 2016
No. shares of common stock outstanding1 219,592,294 219,521,425 219,535,216 218,327,862 220,849,268 224,493,192
Selected Financial Data (US$)
Free cash flow to equity (FCFE) (in thousands)2 891,300 1,360,800 810,100 47,100 93,700 1,089,900
FCFE per share3 4.06 6.20 3.69 0.22 0.42 4.85
Share price1, 4 261.50 149.23 154.69 131.41 83.64 57.29
Valuation Ratio
P/FCFE5 64.43 24.07 41.92 609.14 197.14 11.80
Benchmarks
P/FCFE, Competitors6
Accenture PLC 25.76 19.01 19.50 18.11 — —
Adobe Inc. 34.26 41.36 41.90 19.87 — —
International Business Machines Corp. 48.45 9.43 4.39 — — —
Intuit Inc. 86.74 17.36 34.61 29.29 — —
Microsoft Corp. 42.54 42.74 30.77 37.57 — —
Oracle Corp. 8.36 6.27 22.31 10.78 — —
Palo Alto Networks Inc. 32.91 8.11 46.20 8.50 — —
Salesforce Inc. 49.52 50.40 29.09 — — —
ServiceNow Inc. 64.54 49.83 68.98 — — —
Synopsys Inc. 40.55 45.07 77.64 19.63 — —
P/FCFE, Sector
Software & Services 33.49 25.65 21.90 — — —
P/FCFE, Industry
Information Technology 27.30 23.29 18.92 — — —

Based on: 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-01-31), 10-K (reporting date: 2018-01-31), 10-K (reporting date: 2017-01-31), 10-K (reporting date: 2016-01-31).

1 Data adjusted for splits and stock dividends.

2 See details »

3 2021 Calculation
FCFE per share = FCFE ÷ No. shares of common stock outstanding
= 891,300,000 ÷ 219,592,294 = 4.06

4 Closing price as at the filing date of Autodesk Inc. Annual Report.

5 2021 Calculation
P/FCFE = Share price ÷ FCFE per share
= 261.50 ÷ 4.06 = 64.43

6 Click competitor name to see calculations.

Valuation ratio Description The company
P/FCFE Price to free cash flow to equity is cash valuation indicator of stockholders’ equity. Autodesk Inc. P/FCFE ratio decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.