FRESHWORKS INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14.67 USD | -19.62% |
|
-20.96% | -37.55% |
| 05-02 | UBS Adjusts Price Target on Freshworks to $18 From $27, Maintains Buy Rating | MT |
| 05-02 | Wall Street Set to Open Higher Thursday After Fed Holds Rate Steady, Jobless Claims Lower Than Expected | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 6,910 | 4,235 | 6,936 | 4,384 | - | - |
| Enterprise Value (EV) 1 | 5,586 | 3,088 | 5,749 | 3,138 | 3,020 | 2,829 |
| P/E ratio | -17.9 x | -17.9 x | -50 x | -37.9 x | -46.4 x | 320 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 18.6 x | 8.5 x | 11.6 x | 6.25 x | 5.29 x | 4.46 x |
| EV / Revenue | 15.1 x | 6.2 x | 9.64 x | 4.47 x | 3.65 x | 2.88 x |
| EV / EBITDA | -1,126 x | -287 x | 101 x | 41.6 x | 26.6 x | 15.3 x |
| EV / FCF | 2,384 x | -209 x | 73.9 x | 25 x | 18.5 x | 12.4 x |
| FCF Yield | 0.04% | -0.48% | 1.35% | 4.01% | 5.4% | 8.05% |
| Price to Book | 2.77 x | 3.98 x | 6.42 x | 3.96 x | 3.75 x | 3.41 x |
| Nbr of stocks (in thousands) | 263,127 | 287,917 | 295,289 | 298,820 | - | - |
| Reference price 2 | 26.26 | 14.71 | 23.49 | 14.67 | 14.67 | 14.67 |
| Announcement Date | 10/02/22 | 07/02/23 | 06/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 371 | 498 | 596.4 | 701.8 | 828.2 | 983.9 |
| EBITDA 1 | - | -4.962 | -10.75 | 56.69 | 75.45 | 113.5 | 184.4 |
| EBIT 1 | - | -18.26 | -22.26 | 44.55 | 63.26 | 100 | 162.4 |
| Operating Margin | - | -4.92% | -4.47% | 7.47% | 9.01% | 12.08% | 16.5% |
| Earnings before Tax (EBT) 1 | - | -181.5 | -220.8 | -123.8 | -104.8 | -94.01 | - |
| Net income 1 | -57.29 | -192 | -232.1 | -137.4 | -126.3 | -106 | -53.41 |
| Net margin | - | -51.75% | -46.61% | -23.04% | -17.99% | -12.8% | -5.43% |
| EPS 2 | -210.2 | -1.470 | -0.8200 | -0.4700 | -0.3875 | -0.3160 | 0.0458 |
| Free Cash Flow 1 | - | 2.343 | -14.77 | 77.84 | 125.7 | 163.3 | 227.7 |
| FCF margin | - | 0.63% | -2.97% | 13.05% | 17.91% | 19.71% | 23.14% |
| FCF Conversion (EBITDA) | - | - | - | 137.3% | 166.57% | 143.86% | 123.48% |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 27/08/21 | 10/02/22 | 07/02/23 | 06/02/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 105.5 | 114.6 | 121.4 | 128.8 | 133.2 | 137.7 | 145.1 | 153.6 | 160.1 | 165.1 | 169.8 | 179.3 | 187.9 | 193.9 | 200.6 |
| EBITDA 1 | -7.223 | 2.406 | -12.99 | -0.331 | 0.16 | 6.997 | 14.72 | 20.38 | 14.59 | 24.72 | 11.57 | 18.26 | 20.9 | 29.66 | 23.22 |
| EBIT 1 | -10.72 | -0.567 | -15.8 | -3.126 | -2.77 | 3.885 | 11.72 | 17.4 | 11.54 | 21.76 | 7.9 | 15.28 | 18.47 | 24.37 | 18.87 |
| Operating Margin | -10.17% | -0.49% | -13.01% | -2.43% | -2.08% | 2.82% | 8.08% | 11.33% | 7.21% | 13.17% | 4.65% | 8.52% | 9.83% | 12.57% | 9.41% |
| Earnings before Tax (EBT) 1 | -56.5 | -46.52 | -67.59 | -56.04 | -50.64 | -38.63 | -32.07 | -27.74 | -25.33 | -19.37 | -35.18 | -29.26 | -24.08 | -23.56 | -32.5 |
| Net income 1 | -74.74 | -49.06 | -69.75 | -57.84 | -55.48 | -42.66 | -35.66 | -31.03 | -28.08 | -23.32 | -40.9 | -32.67 | -27.85 | -27.67 | -34.13 |
| Net margin | -70.85% | -42.8% | -57.44% | -44.92% | -41.66% | -30.99% | -24.58% | -20.21% | -17.54% | -14.12% | -24.09% | -18.22% | -14.82% | -14.27% | -17.01% |
| EPS 2 | -0.2800 | -0.1800 | -0.2400 | -0.2000 | -0.1900 | -0.1500 | -0.1200 | -0.1100 | -0.0900 | -0.0800 | -0.1204 | -0.1000 | -0.0850 | -0.0722 | -0.1015 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/02/22 | 03/05/22 | 02/08/22 | 01/11/22 | 07/02/23 | 02/05/23 | 01/08/23 | 31/10/23 | 06/02/24 | 01/05/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 1,324 | 1,147 | 1,188 | 1,246 | 1,363 | 1,554 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | 2.34 | -14.8 | 77.8 | 126 | 163 | 228 |
| ROE (net income / shareholders' equity) | - | - | -1.66% | 7.41% | 9.58% | 11.3% | 13.4% |
| ROA (Net income/ Total Assets) | - | -2.97% | -1.33% | 5.55% | 6.87% | 7.04% | 7.77% |
| Assets 1 | - | 6,459 | 17,452 | -2,478 | -1,838 | -1,507 | -687.1 |
| Book Value Per Share 2 | - | 9.480 | 3.700 | 3.660 | 3.710 | 3.920 | 4.300 |
| Cash Flow per Share 2 | - | 0.0900 | -0.0100 | 0.2900 | 0.3900 | 0.4600 | - |
| Capex 1 | - | 5.57 | 7.13 | 2.07 | 4.01 | 4.14 | 4 |
| Capex / Sales | - | 1.5% | 1.43% | 0.35% | 0.57% | 0.5% | 0.41% |
| Announcement Date | 27/08/21 | 10/02/22 | 07/02/23 | 06/02/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
14.67
USD
Average target price
21.44
USD
Spread / Average Target
+46.13%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -37.55% | 5.45B | |
| +5.80% | 2,935B | |
| +1.64% | 79.66B | |
| +1.50% | 74.71B | |
| -17.06% | 52.02B | |
| +31.33% | 49.26B | |
| -22.83% | 44.97B | |
| +22.46% | 41.74B | |
| +57.98% | 36.02B | |
| -11.11% | 24.35B |
- Stock Market
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- FRSH Stock
- Financials Freshworks Inc.
