The software company Autodesk Inc. (ADSK) will release its financial figures for the fourth quarter of fiscal 2018 after market close on Tuesday.
Autodesk produces and sells its software to several industries, including the architecture, construction, engineering, manufacturing, entertainment and media industries. The stock is traded on the Nasdaq and has a market capitalization of 25.61 billion as of March 4.
For the quarter, analysts expect Autodesk to report a loss of 11 cents compared to a 28-cent loss in the prior-fiscal year quarter.
The estimate for the fourth quarter of fiscal 2018, which ended Jan. 30, 2018, is a mean of 20 estimates of analysts who were surveyed. These estimates fall in a loss of 14 cents (low) to a loss of 9 cents (high).
Source: Yahoo Finance
Revenue is forecasted to come in at $544.58 million. This is a 13.7% growth from a year ago. The revenue of $544.58 million is a mean of 18 estimates.
Source: Yahoo Finance
As of the most recent quarter, the company has approximately $1.45 billion in cash and securities, or $6.6 per share. The total debt amounts to $1.59 billion; and when we have a look at the total debt-to-equity ratio, with a value of 1,477.54% towards an industry average of 20.38%, it indicates that the company is abnormally leveraged. The interest coverage ratio is -7.65 according to Reuters. This means that Autodesk is having a tough time paying interest expenses on outstanding debt.
GuruFocus gives Autodesk a financial strength rating of 4 out of 10 and a profitability and growth rating of 6 out of 10.
Analysts forecast 343.10% growth in the bottom line of Autodesk from fiscal 2018 to fiscal 2019 and an average yearly upside of 38% over the next five years.
Autodesk is trading at $116.28 per share on the Nasdaq, book value per share at 238.77 times versus an industry median of 3.13 times and sales (ttm) at 12.91 times versus an industry median of 2.45. The EV/Ebitda ratio is -68.09.
The forward P/E ratio is 98.04 versus an industry median of 23.47 times. When it is multiplied by the average 2019 earnings per share forecast of $1.24, it yields a value of $121.57 per share.
For full fiscal 2018, analysts forecast a loss of 51 cents that will be dropped by a yearly figure of revenue of $2.05 billion.
(Disclosure: I have no positions in Autodesk Inc.)
