TEAM

Atlassian

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Technology

industry

Software - Application

Exchange

Nasdaq

County of HQ

Australia

Next Earnings Date

04/30/26

Business Summary

The company operates a software platform model, delivering application-based tools that embed into daily enterprise workflows and generate recurring revenue streams. Its moat is built on ecosystem lock-in, collaboration infrastructure, and the switching costs associated with deeply integrated project and workflow systems. Cash generation depends on scaling user adoption while maintaining pricing power across its subscription base. The durability of its model rests on network effects within teams and the friction customers face when attempting to migrate mission-critical software stacks.

VALUATION

P/E

-

Market Cap ($M USD)

$15,072

Forward P/E

10.4

PEG

0.4

PRICE TO SALES

2.6

PRICE TO BOOK

9.5

EV / EBITDA

1498.30

5-Year Average P/E

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

-$0.72

Next Year EPS Growth Estimate

$5.52

Next Year Revenue Growth Estimate

17.70%

Return on Equity (ROE)

-11.90%

Operating Margin

-3.20%

Debt-to-Equity

0.8

Piotroski F-Score

6

Altman Z-Score

1.7

Return on Invested Capital (ROIC)

-5.40%%

Current Ratio

0.9

Quick Ratio

Gainseekers Quantitative Analysis

Summary

At a $15,072M market cap, this stock screens as a statistical contradiction: a Forward P/E of 10.4 and a PEG Forward of 0.4 imply the market is pricing in muted expectations despite forward growth, yet the Altman Z-Score of 1.7 signals tangible balance sheet stress. A Price/Sales ratio of 2.6 for a software company is not demanding, but an Operating Margin of -11.90% and ROIC of -5.40% expose a business that is not currently converting growth into durable profitability. The market is discounting risk appropriately—this is not a clean growth compounder but a financially stressed operator trading at what looks like a value multiple for a reason.

AI Exposure / Tech Reliance

As a Software - Application company, it sits directly in the crosshairs of AI-driven productivity transformation, where integration and workflow automation will define winners. The industry tailwinds are real, but negative Operating Margin of -11.90% suggests it has yet to fully translate innovation into operating leverage. Adaptation is likely, but resilience depends on restoring profitable growth rather than just participating in the theme.

The Bull Case

A GARP investor could argue the setup is asymmetric: a Forward P/E of 10.4 paired with a PEG Forward of 0.4 signals that growth is potentially underappreciated relative to price. Return on Equity of 17.70% and a Piotroski F-Score of 6 indicate the company is not fundamentally broken and retains operational quality beneath the surface volatility. Even with ROIC at -5.40%, the combination of mid-tier fundamental health and depressed valuation multiples could attract institutional capital seeking software exposure without paying premium multiples. If operating execution improves even modestly, the re-rating potential from these compressed valuation levels could be meaningful.

The Bear Case

The red flags are not subtle: an Altman Z-Score of 1.7 places it in the distress zone, while a Current Ratio of 0.9 signals liquidity pressure. Operating Margin at -11.90% and ROIC at -5.40% show value destruction, not value creation, and EPS Next Year (Est.) at -$0.72 reinforces earnings instability. Debt / Equity of -3.20% is a structural anomaly that raises balance sheet quality questions, and the absence of a stable earnings base makes the 10.4 Forward P/E vulnerable to downward revisions. This is a company that must execute flawlessly to justify even its discounted multiple.

Market Sentiment & Smart Money

Short Interest %

6.20%

Analyst Consensus

1.54

Average Analyst Price Target

$154.44

Institutional Ownership %

94.90%

1-Year Beta

1.01

Insider Buying % (6 Mo)

0.50%%

Distance to 52-Week High

23.60%%

Distance to 52-Week Low

102.00%%