- The market in which the company operates is large and continues to grow. The revenue retention rate is 100-110%.
- Autodesk is not only a growth company but also a company of continuously improving financial performance. Both revenue and profitability are growing at double-digit rates.
- Considering the positive dynamics of the operating leverage and the change in the billing strategy, we expect that the net profit margin will continue to grow.
- However, despite the good business prospects, the company trades near a fair price and a significant premium over its peers.
For further details see:
Autodesk: Margin Of Safety Is Insufficient