TEAM

Atlassian Corporation

Fundamental data last updated:June 4, 2026

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company profile

SECTOR

Technology

industry

Software - Application

Exchange

NASDAQ

County of HQ

AU

Next Earnings Date

08/06/2026

Business Summary

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams. The company also offers Jira Service Management, an intuitive and flexible service desk product for creating and managing service experiences for various service team providers, such as IT, legal, and HR teams; and Jira Align, an Atlassian's enterprise agility solution designed to help businesses to adapt and respond dynamic business conditions with a focus on value-creation. In addition, it provides Bitbucket, an enterprise-ready Git solution that enables professional dev teams to manage, collaborate, and deploy quality code; Atlassian Access, an enterprise-wide product for enhanced security and centralized administration that works across every Atlassian cloud product; and Jira Product, a prioritization and road mapping tool. Further, the company's portfolio includes Atlas, a teamwork directory; Bamboo, a continuous delivery pipeline; Crowd, a single sign-on; Crucible, a collaborative code review; Fisheye, a search, track, and visualize code change software; and Compass, a developer experience platform. Additionally, it offers Opsgenie, an on-call and alert management software; Sourcetree, a free git client for windows and mac; Statuspage that communicates real-time status to users; Beacon, an intelligent threat detection software; and Atlassian Access that enhance data security and governance for Atlassian Cloud products. The company was founded in 2002 and is headquartered in Sydney, Australia.

 


VALUATION

P/E

-125.68

Market Cap ($M USD)

$27.43B

Forward P/E

9.89

PEG

0.01

PRICE TO SALES

4.43

PRICE TO BOOK

31.00

EV / EBITDA

-1012.61

5-Year Average P/E

Free Cash Flow Yield

4.39%

DCF Value

$104.48

Graham Number

N/A

Price to FCF

22.77

EV to FCF

22.86

Earnings Yield

-0.80%

FCF Yield

4.39%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$0.83

Next Year EPS Growth Estimate

$10.56

Next Year Revenue Growth Estimate

$1.13T

Return on Equity (ROE)

-16.70%

FREE CASH FLOW

Operating Margin

-3.71%

Debt-to-Equity

0.92

Piotroski F-Score

5

Altman Z-Score

2.15

Return on Invested Capital (ROIC)

-9.87%

Current Ratio

0.70

Quick Ratio

0.70

Net Debt to EBITDA

-3.92

Interest Coverage

-5.29

Gross Profit margin

83.85%

FCF PER SHARE

$4.62

REVENUE PER SHARE

$23.72

Gainseekers Quantitative Analysis

Summary

The market seems to have misjudged Atlassian’s valuation. Recent pricing indicated it traded below its DCF value, suggesting potential undervaluation. However, with a Forward P/E of 8.97, the market anticipates significant earnings growth, contrasting sharply with its negative earnings yield. The Altman Z-score of 2.36 signals moderate financial health, but not without risk. Overall, the stock’s financial health is a mixed bag, with promising growth prospects but underlying vulnerabilities.

AI Exposure / Tech Reliance

Operating in the technology sector, Atlassian is well-positioned to leverage AI and modern tech shifts. As a software application company, it can integrate AI into its platforms to enhance user experience and efficiency. This adaptability is crucial in maintaining its competitive edge in a rapidly evolving industry.

The Bull Case

For the discerning GARP investor, Atlassian presents a compelling case. Despite a negative ROIC, the FCF yield of 5% indicates robust cash generation. A Piotroski F-Score of 5 suggests moderate financial strength, while a gross profit margin of 83.85% highlights its pricing power. These metrics underscore a company with efficient capital use and potential for growth.

The Bear Case

Yet, the stock is not without its pitfalls. A Price/Book ratio of 27.19 and Price/Sales of 3.89 suggest it is trading at a premium, raising concerns about overvaluation. The negative EPS and operating margin of -3.71% reflect operational inefficiencies. Additionally, a current ratio of 0.70 indicates potential liquidity issues, posing a risk to its financial stability.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$138.63

Institutional Ownership %

1-Year Beta

0.90

Insider Buying % (6 Mo)

Distance to 52-Week High

113.18%

Distance to 52-Week Low

46.36%

EARNINGS SURPRISE %

31.58%

50-DAY SMA

$75.43

200-DAY SMA

$125.26

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.