Atlassian Competitors

Stocks . USA . 
Stock . Atlassian Corp Plc
TEAM Stock  USD 260.58  6.61  2.60%   
Atlassian Corp Plc competes with Workday, Salesforce, Intuit, Snowflake, and Trade Desk; as well as few others. The company conducts business under Software sector and is part of Information Technology industry. Analyzing Atlassian Corp competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Atlassian Corp to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Atlassian Corp Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Atlassian Corp competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
256.99260.12263.25
Details
Intrinsic
Valuation
LowRealHigh
229.45232.58286.64
Details
Naive
Forecast
LowNextHigh
254.46257.59260.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
252.14258.38264.61
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Atlassian Corp. Your research has to be compared to or analyzed against Atlassian Corp's peers to derive any actionable benefits. When done correctly, Atlassian Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Atlassian Corp Plc.

Atlassian Corp Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Atlassian Corp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Atlassian and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Atlassian Corp Plc does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ADSK
+ 0.95
NOW
TTD
+ 0.94
CRM
DDOG
+ 0.86
SNOW
DDOG
+ 0.85
CRM
DDOG
+ 0.85
TTD
PAYC
+ 0.83
NOW
  
High negative correlations   
U
- 0.4
WDAY
U
- 0.11
INTU

Risk-Adjusted Indicators

There is a big difference between Atlassian Stock performing well and Atlassian Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Atlassian Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
WDAY  1.17 (0.05)(0.07) 0.04  1.44 
(1.24)
 2.45 
(1.91)
 8.82 
CRM  1.29  0.39  0.23  2.22  0.91 
(1.54)
 3.18 
(1.91)
 9.09 
INTU  1.27  0.03 (0.04) 0.40  1.75 
(1.36)
 3.34 
(2.37)
 10.46 
SNOW  2.10  0.64  0.24  3.76  1.61 
(2.38)
 4.20 
(3.40)
 34.99 
TTD  1.51  0.25  0.11  0.41  1.80 
(1.64)
 3.36 
(3.12)
 12.33 
NOW  1.34  0.26  0.19  0.36  1.17 
(1.64)
 3.04 
(2.24)
 8.12 
U  3.29  0.54  0.12  3.19  3.31 
(3.72)
 8.52 
(5.61)
 17.78 
PAYC  1.55  0.50  0.36  0.79  0.80 
(1.98)
 3.35 
(2.24)
 23.48 
DDOG  1.70  0.39  0.18  0.73  1.59 
(2.01)
 4.39 
(2.63)
 8.50 
ADSK  1.01  0.23  0.20  0.31  0.86 
(1.13)
 2.46 
(1.74)
 6.06 
All Fundamental Data

Atlassian Corp Competitive Analysis

The better you understand Atlassian Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Atlassian Corp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Atlassian Corp's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
TEAM WDAY CRM INTU SNOW TTD NOW U PAYC DDOG
 2.60 
 260.58 
Atlassian
 0.12 
 267.75 
Workday
 1.86 
 342.02 
Salesforce
 5.68 
 640.12 
Intuit
 2.28 
 167.44 
Snowflake
 1.85 
 129.70 
Trade
 1.29 
 1,061 
ServiceNow
 4.76 
 23.53 
Unity
 1.45 
 230.32 
Paycom
 7.63 
 154.83 
Datadog
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Very steady
Very steady
Market Performance
(90 Days Performance)
Solid
Weak
Solid
Insignificant
OK
Good
Solid
OK
Good
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Very Small
Low
Below Average
Very Low
Very Small
About Average
Very Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Under Valued
Under Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Strong Buy
Not Available
Buy
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Hold
Buy
Cautious Hold
Hold
Strong Hold
Buy
Sell
Strong Buy
Buy
Current Ratio
1.19
1.61
1.06
1.39
3.21
1.92
1.24
3.41
1.08
3.31
Net Asset
5.21 B
16.45 B
99.82 B
32.13 B
8.22 B
4.89 B
17.39 B
7.24 B
4.2 B
3.94 B
Profit Margin
-0.0859
0.2
0.15
0.18
-0.32
0.13
0.13
-0.4
0.26
0.0758
EBITDA
57.35 M
465 M
9.22 B
4.64 B
(974.87 M)
280.9 M
1.29 B
(209.35 M)
503.37 M
150.21 M
Operating Margin
-0.0269
0.0532
0.2
0.16
-0.41
0.17
0.15
-0.28
0.23
0.0294
Current Valuation
66.89 B
66.94 B
325.73 B
182.68 B
54.56 B
62.58 B
215.77 B
10.31 B
13.04 B
50.37 B
Price To Book
65.96
8.5
5.67
9.88
19.16
24.38
23.55
2.98
9.07
20.01
Retained Earnings
(3.2 B)
(1.73 B)
11.72 B
16.99 B
(4.08 B)
196.95 M
2.07 B
(3.07 B)
1.47 B
(153.7 M)
Current Asset
247.5 M
2.36 B
4.35 B
1.61 B
200.9 M
199.8 M
1.09 B
N/A
761.14 M
117.22 M
Five Year Return
N/A
N/A
N/A
0.67
N/A
N/A
N/A
N/A
N/A
N/A
Beta
0.71
1.35
1.29
1.25
0.83
1.47
0.99
2.29
1.14
1.1
Number Of Employees
12.16 K
19.91 K
72.68 K
18.8 K
7.63 K
3.12 K
22.67 K
6.75 K
7.31 K
5.2 K
Shares Outstanding
161.46 M
213 M
956 M
280.04 M
335.2 M
449.66 M
206.32 M
402.84 M
57.66 M
313.21 M
Cash Flow From Operations
1.45 B
2.15 B
10.23 B
4.88 B
848.12 M
598.32 M
3.4 B
234.7 M
485.04 M
659.95 M
Annual Yield
N/A
N/A
0.0047
0.0061
N/A
N/A
N/A
N/A
0.0065
N/A
Total Debt
1.25 B
3.3 B
13.56 B
6.57 B
287.98 M
235.89 M
2.28 B
2.71 B
75.95 M
902.34 M
Return On Equity
-0.44
0.21
0.0973
0.17
-0.22
0.13
0.16
-0.23
0.33
0.0866
Return On Asset
-0.0179
0.0143
0.0471
0.0804
-0.11
0.0469
0.047
-0.0543
0.1
0.0111
Number Of Shares Shorted
3.32 M
4.72 M
13.15 M
3.84 M
11.77 M
11.71 M
3.39 M
24.4 M
2.46 M
9.8 M
Book Value Per Share
3.95
31.37
60.16
65.78
15.51
5.32
45.03
7.91
26.92
7.77
Current Liabilities
179.57 M
922.68 M
5.62 B
2.25 B
136.65 M
118.9 M
731.64 M
N/A
727.53 M
79.2 M
Total Asset
5.21 B
16.45 B
99.82 B
32.13 B
8.22 B
4.89 B
17.39 B
7.24 B
4.2 B
3.94 B
Debt To Equity
3.92
0.86
0.24
0.46
0.044
0.15
0.47
0.82
0.029
0.67
Short Ratio
1.82
3.07
3.22
3.14
2.42
4.92
2.7
2.88
4.08
3.24
Target Price
257.21
292.0
343.09
724.67
179.61
126.98
1005.92
21.87
201.62
152.45
Last Dividend Paid
N/A
N/A
0.8
N/A
N/A
N/A
N/A
N/A
1.5
N/A
Shares Owned By Institutions
90.89
92.79
82.35
86.77
61.44
81.22
94.06
76.9
85.43
81.0
Market Capitalization
67.86 B
70.95 B
326.97 B
179.26 B
56.13 B
64.02 B
218.82 B
9.48 B
13.28 B
52.6 B
Price To Earning
-246.23
N/A
291.69
55.99
28.31
9.98
415.52
N/A
130.89
N/A
Price To Earnings To Growth
3.91
2.54
2.36
1.95
7.29
2.55
2.87
-0.67
1.67
0.98
Price To Sales
14.85
9.02
8.97
11.01
17.5
27.72
20.91
4.82
7.28
20.74
Net Income
(300.52 M)
1.38 B
4.14 B
2.96 B
(837.99 M)
178.94 M
1.73 B
(822.01 M)
340.79 M
48.57 M
Earnings Per Share
-1.51
5.81
5.75
10.31
-3.38
0.62
6.47
-2.05
8.31
0.56
Shares Owned By Insiders
0.29
1.23
2.63
2.89
4.57
0.62
0.18
10.67
11.83
2.86
Revenue
4.36 B
7.26 B
34.86 B
16.29 B
2.81 B
1.95 B
8.97 B
2.19 B
1.69 B
2.13 B
Working Capital
466.14 M
4.88 B
2.44 B
2.19 B
2.31 B
1.8 B
412 M
1.43 B
278.78 M
2.18 B
Cash And Equivalents
1.47 B
6.29 B
7.02 B
3.28 B
3.95 B
1.21 B
1.47 B
1.69 B
279.04 M
1.7 B
Cash Per Share
5.77
24.58
13.53
11.64
12.35
2.48
19.55
5.61
4.82
5.38
Gross Profit
2.91 B
4.5 B
22.99 B
11.39 B
1.35 B
1.3 B
5.67 B
951.69 M
1.21 B
1.33 B
Day Typical Price
258.6
268.43
340.2
651.42
170.98
128.63
1058.4
23.2
229.28
152.41
Accumulation Distribution
0.0332
0.02
0.0205
0.0531
0.0665
0.0264
0.0137
0.0828
0.017
0.0541
Market Facilitation Index
8.69
5.42
7.03
35.85
11.89
3.43
14.59
1.99
3.93
8.4
Daily Balance Of Power
0.7606
(0.06)
0.8876
(1.08)
(0.33)
0.6851
0.9287
0.5377
0.8397
1.305952
Period Momentum Indicator
6.61
(0.32)
6.24
(38.58)
(3.91)
2.35
13.55
1.07
3.3
10.97
Rate Of Daily Change
1.03
1.0
1.02
0.94
0.98
1.02
1.01
1.05
1.01
1.08
Day Median Price
257.61
268.77
339.29
657.08
172.76
128.1
1057.3
23.04
228.77
151.2
Price Action Indicator
6.28
(1.18)
5.84
(36.25)
(7.27)
2.78
10.08
1.03
3.2
9.12
Relative Strength Index
81.32
68.26
73.25
76.18
63.73
80.55
74.27
60.67
86.1
61.55
Coefficient Of Variation
409.82
5194.48
405.32
3413.22
681.03
559.9
416.57
734.45
513.92
478.98
Mean Deviation
1.99
1.17
1.29
1.27
2.1
1.51
1.34
3.29
1.55
1.7
Jensen Alpha
0.7786
(0.05)
0.3884
0.0296
0.6384
0.2529
0.2598
0.5396
0.4978
0.3904
Total Risk Alpha
0.2626
(0.22)
0.1422
(0.24)
(0.06)
0.0335
0.1285
(0.1)
0.104
0.1073
Sortino Ratio
0.3816
(0.07)
0.2263
(0.04)
0.2414
0.1079
0.1937
0.1175
0.356
0.1778
Downside Variance
2.8
2.33
1.64
3.32
4.98
4.83
1.97
14.03
1.72
3.8
Standard Deviation
3.15
1.55
1.71
1.79
4.56
2.06
1.68
4.19
3.07
2.29
Kurtosis
17.25
0.7929
1.66
2.28
39.55
2.03
0.4308
(0.11)
32.38
1.32
Potential Upside
3.9
2.45
3.18
3.34
4.2
3.36
3.04
8.52
3.35
4.39
Treynor Ratio
(4.66)
0.0358
2.22
0.396
3.76
0.4118
0.3571
3.19
0.7876
0.7342
Maximum Drawdown
22.97
8.82
9.09
10.46
34.99
12.33
8.12
17.78
23.48
8.5
Variance
9.93
2.4
2.91
3.22
20.79
4.24
2.81
17.58
9.44
5.23
Market Risk Adjusted Performance
(4.65)
0.0458
2.23
0.406
3.77
0.4218
0.3671
3.2
0.7976
0.7442
Risk Adjusted Performance
0.1947
0.0198
0.1947
0.0282
0.1209
0.1433
0.1895
0.1126
0.1567
0.1668
Skewness
3.13
0.1405
0.9756
(0.22)
5.62
(0.49)
0.1747
0.2957
4.94
0.5921
Semi Deviation
1.18
1.44
0.9069
1.75
1.61
1.8
1.17
3.31
0.7996
1.59
Information Ratio
0.2025
(0.07)
0.17
(0.04)
0.1182
0.1151
0.1621
0.105
0.152
0.1516
Value At Risk
(2.40)
(1.91)
(1.91)
(2.37)
(3.40)
(3.12)
(2.24)
(5.61)
(2.24)
(2.63)
Expected Short fall
(2.74)
(1.24)
(1.54)
(1.36)
(2.38)
(1.64)
(1.64)
(3.72)
(1.98)
(2.01)
Downside Deviation
1.67
1.53
1.28
1.82
2.23
2.2
1.4
3.75
1.31
1.95
Semi Variance
1.4
2.08
0.8224
3.05
2.58
3.25
1.37
10.97
0.6394
2.52

Atlassian Corp Competition Performance Charts

Five steps to successful analysis of Atlassian Corp Competition

Atlassian Corp's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Atlassian Corp Plc in relation to its competition. Atlassian Corp's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Atlassian Corp in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Atlassian Corp's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Atlassian Corp Plc, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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When determining whether Atlassian Corp Plc is a strong investment it is important to analyze Atlassian Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlassian Corp's future performance. For an informed investment choice regarding Atlassian Stock, refer to the following important reports:
How To Invest In Atlassian
Details
Is Atlassian Stock a good investment?
Details
What is Atlassian Corp's Net Worth?
Details
Largest Application Software Companies
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Largest Software - Application Companies
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Check out Atlassian Corp Correlation with its peers.
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.
Is Application Software space 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.
The market value of Atlassian Corp Plc 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.
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Z Score
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Piotroski
F Score
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Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
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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 if Atlassian Corp is a good investment 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.
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