Godaddy Financials
| GDDY Stock | USD 71.65 1.23 1.69% |
Quarterly Earnings Growth (0.036) | EPS Estimate Next Quarter 0.78 | Diluted Eps 2.03 | EPS Estimate Current Year 2.42 | EPS Estimate Next Year 3.58 |
The financial analysis of Godaddy is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Godaddy includes many different criteria found on its balance sheet. For example, investors should never minimize Godaddy's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Godaddy's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Godaddy.
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With this module, you can analyze Godaddy financials for your investing period. You should be able to track the changes in Godaddy individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Godaddy | Select Account or Indicator |
Understanding current and past Godaddy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Godaddy's financial statements are interrelated, with each one affecting the others. For example, an increase in Godaddy's assets may result in an increase in income on the income statement.
Evaluating Godaddy's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Godaddy's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Godaddy's relative financial performance
Chance Of Distress
Less than 35
100 | 0 |
Godaddy has less than 35 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Godaddy stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Godaddy's odds of distress score SHOULD NOT be confused with the real chance of Godaddy filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Godaddy is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Godaddy's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More InfoThe data published in Godaddy's official financial statements usually reflect Godaddy's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Godaddy. For example, before you start analyzing numbers published by Godaddy accountants, it's critical to develop an understanding of what Godaddy's liquidity, profitability, and earnings quality are in the context of the IT Services space in which it operates.
Please note, the presentation of Godaddy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Godaddy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Godaddy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Godaddy. Please utilize our Beneish M Score to check the likelihood of Godaddy's management manipulating its earnings.
Godaddy Company Summary
Godaddy competes with BlackBerry, Global Blue, Aurora Mobile, Marqeta, and Block. GoDaddy Inc. engages in the design and development of cloud-based technology products in the United States and internationally. GoDaddy Inc. was incorporated in 2014 and is headquartered in Tempe, Arizona. Godaddy operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 6611 people.Specialization | Information Technology, Software-Infrastructure |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| CIK Number | 0001609711 |
| ISIN | US3802371076 |
| CUSIP | 380237107 |
| Region | North America |
| Location | Arizona; U.S.A |
| Business Address | 2155 East GoDaddy |
| Sector | IT Services |
| Industry | Information Technology |
| Benchmark | NYSE Composite |
| Website | www.godaddy.com |
| Phone | 480 505 8800 |
| Currency | USD - US Dollar |
You should never invest in Godaddy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Godaddy Stock, because this is throwing your money away. Analyzing the key information contained in Godaddy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Godaddy Key Financial Ratios
Generally speaking, Godaddy's financial ratios allow both analysts and investors to convert raw data from Godaddy's financial statements into concise, actionable information that can be used to evaluate the performance of Godaddy over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Godaddy reports annually and quarterly.| Return On Asset | 0.0477 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.13 % |
Godaddy Key Balance Sheet Accounts
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Receivables | 26.4 M | 30.2 M | 41.8 M | 63.6 M | 60.1 M | 64.84 M | |
| Accounts Payable | 61.6 M | 72.3 M | 51 M | 85.2 M | 130.9 M | 141.23 M | |
| Total Assets | 6.08 B | 6.3 B | 6.43 B | 7.42 B | 6.97 B | 6.72 B | |
| Current Assets | 1.43 B | 1.58 B | 1.29 B | 1.89 B | 1.58 B | 1.49 B | |
| Assets Non Current | 4.66 B | 4.73 B | 5.14 B | 5.53 B | 5.39 B | 5.23 B | |
| Cash and Equivalents | 932.4 M | 1.06 B | 765.2 M | 1.26 B | 774 M | 784.92 M | |
| Total Debt | 2.41 B | 2.59 B | 3.28 B | 4.03 B | 3.95 B | 3.42 B | |
| Debt Current | 16.6 M | 18.4 M | 24.3 M | 24.1 M | 18.2 M | 17.24 M | |
| Debt Non Current | 2.39 B | 2.57 B | 3.26 B | 4 B | 3.93 B | 3.41 B | |
| Deferred Revenue | 2.02 B | 2.2 B | 2.44 B | 2.63 B | 2.72 B | 2.55 B | |
| Investments | 6.6 M | 12.3 M | 18.9 M | 23.6 M | 27.14 M | 29.28 M | |
| Investments Current | 6.6 M | 12.3 M | 18.9 M | 23.6 M | 27.14 M | 29.28 M | |
| Total Liabilities | 5.26 B | 5.52 B | 6.44 B | 7.33 B | 7.3 B | 6.63 B | |
| Current Liabilities | 1.89 B | 2 B | 2.31 B | 2.44 B | 2.46 B | 2.29 B | |
| Tax Liabilities | 117.2 M | 276.2 M | 92 M | 75.3 M | 56.2 M | 75.78 M |
Godaddy Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Godaddy's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Direct Expenses | 893.9 M | 1.03 B | 1.16 B | 1.37 B | 1.48 B | 1.6 B | |
| Consolidated Income | 82 M | 138.4 M | (494.1 M) | 242.8 M | 352.9 M | 380.76 M | |
| Cost of Revenue | 893.9 M | 1.03 B | 1.16 B | 1.37 B | 1.48 B | 1.27 B | |
| Gross Profit | 1.77 B | 1.96 B | 2.16 B | 2.44 B | 2.61 B | 2.25 B | |
| Interest Expense | 98.4 M | 92.1 M | 91.3 M | 126 M | 146.3 M | 129.56 M | |
| Net Income | 77.1 M | 137 M | (495.1 M) | 242.3 M | 352.2 M | 380.01 M | |
| Operating Expenses | 1.29 B | 1.41 B | 1.57 B | 1.76 B | 1.8 B | 1.61 B | |
| Operating Income | 472.7 M | 551.3 M | 589.1 M | 688.2 M | 804.7 M | 635.4 M | |
| Revenues | 2.66 B | 2.99 B | 3.32 B | 3.82 B | 4.09 B | 3.52 B | |
| Income Tax Expense | (9 M) | (12 M) | (1.3 M) | 10.8 M | 3.6 M | 3.88 M |
Godaddy Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Godaddy. It measures of how well Godaddy is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Godaddy brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Godaddy had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Godaddy has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Capital Expenditure | (87.7 M) | (87.6 M) | (66.5 M) | (51.1 M) | (59.7 M) | (64.41 M) | |
| Depreciation Amortization and Accretion | 234.1 M | 209.7 M | 202.7 M | 199.6 M | 194.6 M | 207.55 M | |
| Net Cash Flow or Change in Cash and Cash Equivalents | 349.7 M | 130.4 M | (297.6 M) | 490.5 M | (481.7 M) | (494.38 M) | |
| Net Cash Flow Business Acquisitions and Disposals | (147.2 M) | (40.3 M) | (424.7 M) | (367.7 M) | (72.5 M) | (78.22 M) | |
| Issuance Purchase of Equity Shares | 21.9 M | (430.1 M) | (512.1 M) | (495.3 M) | (1.26 B) | (1.3 B) | |
| Issuance Repayment of Debt Securities | (31.7 M) | (29.5 M) | 709.4 M | 765.2 M | (68.6 M) | (70.41 M) | |
| Net Cash Flow from Financing | 47 M | (456.9 M) | (581.7 M) | 298.1 M | (1.33 B) | (1.36 B) | |
| Net Cash Flow from Investing | (254.8 M) | (135.3 M) | (482.3 M) | (635.6 M) | (132 M) | (142.42 M) | |
| Net Cash Flow Investment Acquisitions and Disposals | (6.3 M) | (4.2 M) | 23.7 M | (40 M) | (36 M) | (36.95 M) | |
| Net Cash Flow from Operations | 559.8 M | 723.4 M | 764.6 M | 829.3 M | 979.7 M | 800.79 M | |
| Effect of Exchange Rate Changes on Cash | (2.3 M) | (800 K) | 1.8 M | (1.3 M) | (2.7 M) | (2.77 M) | |
| Share Based Compensation | 125.5 M | 147 M | 191.5 M | 207.9 M | 264.4 M | 285.27 M |
Godaddy Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Godaddy's current stock value. Our valuation model uses many indicators to compare Godaddy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Godaddy competition to find correlations between indicators driving Godaddy's intrinsic value. More Info.Godaddy is rated # 4 in price to earnings to growth category among related companies. It is rated # 3 in price to earning category among related companies reporting about 23.11 of Price to Earning per Price to Earnings To Growth. Price to Earnings Ratio is likely to rise to 36.36 in 2023. Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to rise to about 751.7 M in 2023. Comparative valuation analysis is a catch-all model that can be used if you cannot value Godaddy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Godaddy's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Godaddy's earnings, one of the primary drivers of an investment's value.Godaddy Systematic Risk
Godaddy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Godaddy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Godaddy correlated with the market. If Beta is less than 0 Godaddy generally moves in the opposite direction as compared to the market. If Godaddy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Godaddy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Godaddy is generally in the same direction as the market. If Beta > 1 Godaddy moves generally in the same direction as, but more than the movement of the benchmark..
About Godaddy Financials
What exactly are Godaddy Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Godaddy's income statement, its balance sheet, and the statement of cash flows. Potential Godaddy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Godaddy investors may use each financial statement separately, they are all related. The changes in Godaddy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Godaddy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Godaddy Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Godaddy is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Godaddy has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Godaddy's financials are consistent with your investment objective using the following steps:- Review Godaddy's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Godaddy's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Godaddy's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Godaddy's stock is overvalued or undervalued.
Godaddy Thematic Clasifications
Godaddy is part of Computers investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Computers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Computers industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
 | Computers | View |
Godaddy September 27, 2023 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Godaddy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Godaddy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Godaddy based on widely used predictive technical indicators. In general, we focus on analyzing Godaddy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Godaddy's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0023 | |||
| Maximum Drawdown | 11.47 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 1.92 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide. Note that the Godaddy information on this page should be used as a complementary analysis to other Godaddy'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 Bond Directory module to find actively traded corporate debentures issued by US companies.
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When running Godaddy's price analysis, check to measure Godaddy'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 Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.
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Is Godaddy'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 Godaddy. If investors know Godaddy 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 Godaddy 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 (0.036) | Earnings Share 2.03 | Revenue Per Share 26.93 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0477 |
The market value of Godaddy is measured differently than its book value, which is the value of Godaddy that is recorded on the company's balance sheet. Investors also form their own opinion of Godaddy's value that differs from its market value or its book value, called intrinsic value, which is Godaddy'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 Godaddy's market value can be influenced by many factors that don't directly affect Godaddy'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 Godaddy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Godaddy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Godaddy'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.