Workday Market Capitalization vs Enterprise Value Analysis
WDAY Stock | USD 253.53 1.31 0.52% |
Workday financial indicator trend analysis is more than just analyzing Workday current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Workday is a good investment. Please check the relationship between Workday Market Cap and its Enterprise Value accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Workday Stock please use our How to Invest in Workday guide.
Market Cap vs Enterprise Value
Market Capitalization vs Enterprise Value Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workday Market Capitalization account and Enterprise Value. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Workday's Market Capitalization and Enterprise Value is 0.98. Overlapping area represents the amount of variation of Market Capitalization that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of Workday, assuming nothing else is changed. The correlation between historical values of Workday's Market Capitalization and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Market Capitalization of Workday are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Market Capitalization i.e., Workday's Market Capitalization and Enterprise Value go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Market Cap
Enterprise Value
Enterprise Value (or EV) is usually referred to as Workday theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Workday debt, but would also pocket its cash. Enterprise Value is more accurate representation of Workday value than its market capitalization because it takes into account all of Workday existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Most indicators from Workday's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Workday current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Workday Stock please use our How to Invest in Workday guide.At this time, Workday's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.13 in 2024, despite the fact that Tax Provision is likely to grow to (973.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.7B | 4.5B | 5.5B | 5.8B | Total Revenue | 5.1B | 6.2B | 7.3B | 7.6B |
Workday fundamental ratios Correlations
Click cells to compare fundamentals
Workday Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Workday fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.8B | 8.7B | 10.5B | 13.5B | 16.5B | 17.3B | |
Property Plant And Equipment Net | 1.2B | 1.4B | 1.4B | 1.5B | 1.5B | 1.6B | |
Net Debt | 838.7M | 853.9M | 568.5M | 1.4B | 1.3B | 1.3B | |
Cash | 731.1M | 1.4B | 1.5B | 1.9B | 2.0B | 2.1B | |
Other Assets | 274.1M | 461.6M | 682.5M | 498.0M | 572.6M | 601.3M | |
Cash And Short Term Investments | 1.9B | 3.5B | 3.6B | 6.1B | 7.8B | 8.2B | |
Short Term Investments | 1.2B | 2.2B | 2.1B | 4.2B | 5.8B | 6.1B | |
Other Stockholder Equity | 5.1B | 6.2B | 7.3B | 8.6B | 9.8B | 10.3B | |
Total Liab | 4.3B | 5.4B | 6.0B | 7.9B | 8.4B | 8.8B | |
Property Plant And Equipment Gross | 1.2B | 1.4B | 1.4B | 1.5B | 2.8B | 2.9B | |
Accumulated Other Comprehensive Income | 23.5M | (55.0M) | 7.7M | 53.1M | 21M | 22.1M | |
Common Stock Shares Outstanding | 227.2M | 237.0M | 254.0M | 254.8M | 265.3M | 231.6M | |
Short Long Term Debt Total | 1.6B | 2.2B | 2.1B | 3.2B | 3.3B | 3.5B | |
Other Current Liab | 378.2M | 454.3M | 598.5M | 823.7M | 831M | 872.6M | |
Total Current Liabilities | 3.0B | 4.3B | 5.1B | 4.6B | 5.1B | 5.3B | |
Total Stockholder Equity | 2.5B | 3.3B | 4.5B | 5.6B | 8.1B | 8.5B | |
Other Liab | 101.0M | 116.0M | 95.8M | 114.8M | 132.0M | 127.6M | |
Current Deferred Revenue | 2.2B | 2.6B | 3.1B | 3.6B | 4.1B | 4.3B | |
Retained Earnings | (2.6B) | (2.9B) | (2.7B) | (3.1B) | (1.7B) | (1.8B) | |
Accounts Payable | 57.6M | 75.6M | 55.5M | 153.8M | 78M | 42.5M | |
Non Current Assets Total | 3.7B | 3.9B | 5.3B | 5.4B | 6.7B | 7.1B | |
Non Currrent Assets Other | 285.1M | 317.5M | 414.1M | 505.8M | 1.1B | 1.1B | |
Long Term Debt | 1.0B | 691.9M | 617.4M | 3.0B | 3.0B | 3.1B | |
Net Receivables | 877.6M | 1.0B | 1.2B | 1.6B | 1.6B | 1.7B | |
Good Will | 1.4B | 1.8B | 1.8B | 2.8B | 2.8B | 3.0B | |
Common Stock Total Equity | 221K | 231K | 242K | 251K | 288.7K | 196.1K | |
Liabilities And Stockholders Equity | 6.8B | 8.7B | 10.5B | 13.5B | 16.5B | 17.3B | |
Non Current Liabilities Total | 1.4B | 1.2B | 895.6M | 3.3B | 3.3B | 3.5B | |
Other Current Assets | 272.5M | 233.9M | 327.4M | 225.7M | 255M | 162.7M | |
Total Current Assets | 3.1B | 4.8B | 5.2B | 8.1B | 9.7B | 10.2B | |
Short Term Debt | 310.5M | 1.2B | 1.3B | 91.3M | 89M | 84.6M | |
Intangible Assets | 308.4M | 248.6M | 391.0M | 305.5M | 233M | 151.0M | |
Common Stock | 231K | 242K | 251K | 259K | 297.9K | 202.9K | |
Property Plant Equipment | 936.2M | 972.4M | 1.4B | 1.5B | 1.7B | 1.8B | |
Net Tangible Assets | 358.9M | 1.5B | 1.3B | 2.4B | 2.8B | 2.9B | |
Retained Earnings Total Equity | (2.1B) | (2.6B) | (2.9B) | (2.7B) | (2.5B) | (2.6B) | |
Capital Surpluse | 4.1B | 5.1B | 6.3B | 7.3B | 8.4B | 8.8B | |
Deferred Long Term Liab | 222.4M | 271.8M | 341.3M | 421.0M | 484.1M | 508.3M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Workday offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Workday's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Workday Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Workday Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Workday Stock please use our How to Invest in Workday guide.Note that the Workday information on this page should be used as a complementary analysis to other Workday'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 the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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When running Workday's price analysis, check to measure Workday'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 Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.
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Is Workday'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 Workday. If investors know Workday 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 Workday listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 5.2 | Revenue Per Share 27.776 | Quarterly Revenue Growth 0.168 | Return On Assets 0.0076 | Return On Equity 0.2021 |
The market value of Workday is measured differently than its book value, which is the value of Workday that is recorded on the company's balance sheet. Investors also form their own opinion of Workday's value that differs from its market value or its book value, called intrinsic value, which is Workday'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 Workday's market value can be influenced by many factors that don't directly affect Workday'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 Workday's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workday is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workday'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.