Atlassian Competitors

T1AM34 Stock

BRL 77.28 2.24 2.82%

Atlassian Plc competes with Monster Beverage, Healthpeak Properties, Tres Tentos, and MAHLE Metal; as well as few others. The company operates under Technology sector and is part of Software—Application industry. Analyzing Atlassian Plc 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 Plc to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Atlassian Plc 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 Plc competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
73.89	77.28	80.67

Details

Intrinsic

Valuation

Low	Real	High
69.55	83.87	87.26

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Atlassian Plc. Your research has to be compared to or analyzed against Atlassian Plc's peers to derive any actionable benefits. When done correctly, Atlassian Plc'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 Plc.

Atlassian Plc Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Atlassian Plc 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 Plc does not affect the price movement of the other competitor.

	M1NS34	P1EA34	BOTZ39	TTEN3	LEVE3
M1NS34		0.91	0.86	0.71	-0.76	M1NS34
P1EA34	0.91		0.83	0.7	-0.69	P1EA34
BOTZ39	0.86	0.83		0.79	-0.85	BOTZ39
TTEN3	0.71	0.7	0.79		-0.87	TTEN3
LEVE3	-0.76	-0.69	-0.85	-0.87		LEVE3
	M1NS34	P1EA34	BOTZ39	TTEN3	LEVE3

Click cells to compare fundamentals

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Backtest Portfolio

High positive correlations

P1EA34	+ 0.91	M1NS34
BOTZ39	+ 0.86	M1NS34
BOTZ39	+ 0.83	P1EA34
TTEN3	+ 0.79	BOTZ39
TTEN3	+ 0.71	M1NS34
TTEN3	+ 0.7	P1EA34

High negative correlations

LEVE3	- 0.87	TTEN3
LEVE3	- 0.85	BOTZ39
LEVE3	- 0.76	M1NS34
LEVE3	- 0.69	P1EA34

Risk-Adjusted Indicators

There is a big difference between Atlassian Stock performing well and Atlassian Plc 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 Plc'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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
M1NS34	1.32	0.14	0.07	8.83	1.43	(1.71)	2.87	(2.00)	9.23
P1EA34	0.47	0.15	0.00	1.03	0.00	0.00	0.91	(0.03)	7.30
BOTZ39	1.14	0.27	0.14	(2.14)	1.28	(1.37)	2.71	(2.00)	9.83
TTEN3	1.95	0.27	0.12	0.48	2.06	(2.22)	3.93	(3.75)	22.92
LEVE3	1.03	(0.18)	0.00	(1.18)	0.00	0.00	2.45	(2.55)	7.83

Unable to evaluate fundamental data of [M1NS34.SA, P1EA34.SA, BOTZ39.SA, TTEN3.SA, LEVE3.SA] at this time. Please try again later

All Fundamental Data

Atlassian Plc Competitive Analysis

The better you understand Atlassian Plc competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Atlassian Plc'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 Plc'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

	T1AM34	M1NS34	P1EA34	BOTZ39	TTEN3	LEVE3
	2.82 77.28 Atlassian	2.35 40.04 Monster	8.35 122.00 Healthpeak	1.02 49.70 Global	3.69 13.57 Tres	1.64 27.33 MAHLE
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady
Market Performance (90 Days Performance)	Solid	OK	Good	Good	OK	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Unknown	Low	Low
Current Valuation (Equity Enterprise Value)	Under Valued	Under Valued	Under Valued	Over Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Buy	Buy	Strong Buy	Strong Sell	Strong Buy	Cautious Hold
Current Ratio	0.70 X	4.45 X	0.93 X		N/A	2.05 X
Net Asset	3.36 B	7.8 B	15.26 B		6.08 B	2.94 B
Profit Margin	(0.13) %	0.19 %	0.24 %		0.08 %	0.14 %
EBITDA	(444.79 M)	1.85 B	970.63 M		712.03 M	832.02 M
Operating Margin	(0.10) %	0.26 %	0.17 %		0.08 %	0.14 %
Current Valuation	182.33 B	259.19 B	106.15 B		4.22 B	3.94 B
Price To Book	73.37 X	7.73 X	2.13 X		1.67 X	2.32 X
Five Year Return	N/A	N/A	N/A		N/A	4.84 %
Beta	0.83	0.88	0.88		N/A	1.01
Number Of Employees	8.81 K	3.46 K	199		8	7.39 K
Shares Outstanding	5.13 B	4.18 B	546.78 M		497.02 M	128.31 M
Cash Flow From Operations	883.5 M	1.16 B	795.25 M		257.7 M	357.9 M
Annual Yield	N/A	N/A	0.04 %		0.01 %	0.05 %
Total Debt	999.42 M	20.77 M	5 B		496.93 M	100.07 M
Return On Equity	-1.14	0.19	0.0712		0.23	0.34
Z Score	N/A	N/A	9.0		8.2	28.0
Return On Asset	-0.0626	0.13	0.0139		0.0641	0.12
Book Value Per Share	0.11 X	1.63 X	12.17 X		5.68 X	12.84 X
Total Asset	3.36 B	7.8 B	15.26 B		6.08 B	2.94 B
Debt To Equity	2.05 %	0 %	0.70 %		N/A	0.14 %
Last Dividend Paid	N/A	N/A	1.2		N/A	3.66
Target Price	N/A	N/A	N/A		16.89	27.0
Shares Owned By Institutions	0.02 %	0.01 %	N/A		19.00 %	14.88 %
Market Capitalization	239.48 B	283.94 B	77.08 B		6.14 B	4.51 B
Price To Earnings To Growth	4.01 X	3.42 X	3.20 X		N/A	2.74 X
Price To Earning	N/A	4.51 X	78.42 X		N/A	9.96 X
Price To Sales	67.52 X	44.41 X	35.56 X		0.67 X	0.88 X
Net Income	(614.12 M)	1.38 B	505.54 M		571.44 M	566.86 M
Earnings Per Share	(0.74) X	1.49 X	4.70 X		1.33 X	4.47 X
Shares Owned By Insiders	N/A	N/A	N/A		77.07 %	7.00 %
Revenue	2.8 B	5.54 B	1.9 B		6.89 B	3.62 B
Cash And Equivalents	1.23 B	2.55 B	97.17 M		251.93 M	317.66 M
Cash Per Share	0.25 X	0.60 X	0.18 X		N/A	1.92 X
Gross Profit	2.34 B	3.11 B	1.19 B		1.04 B	986.96 M
Day Typical Price	77.28	39.91	122.0	49.83	13.73	26.95
Accumulation Distribution	N/A	6.47	N/A	0.0856	36883.38	0.0417
Market Facilitation Index	N/A	0.0015	N/A	0.0355	0.0	1.14
Daily Balance Of Power	(9,223,372,036,855)	1.483871	(9,223,372,036,855)	1.282051	(0.96)	0.386
Period Momentum Indicator	(2.24)	0.92	(11.12)	0.5	(0.52)	0.44
Rate Of Daily Change	0.97	1.02	0.92	1.01	0.96	1.02
Day Median Price	77.28	39.85	122.0	49.9	13.81	26.76
Price Action Indicator	(1.12)	0.65	(5.56)	0.055	(0.50)	0.79
Coefficient Of Variation	362.63	1129.51	594.74	562.4	1027.28	(858.14)
Mean Deviation	1.87	1.32	0.4729	1.14	1.95	1.03
Jensen Alpha	0.8993	0.1401	0.1486	0.2679	0.2712	(0.18)
Total Risk Alpha	0.8117	0.0928	0.1249	0.2219	0.1997	(0.22)
Sortino Ratio	0.2567	0.0708	N/A	0.1356	0.1156	N/A
Downside Variance	11.82	2.79	N/A	3.21	5.14	N/A
Standard Deviation	3.32	1.7	0.9626	1.55	3.02	1.47
Kurtosis	15.17	0.8561	13.5	2.92	11.5	2.04
Potential Upside	4.98	2.87	0.9096	2.71	3.93	2.45
Treynor Ratio	3.78	8.83	1.03	(2.14)	0.4802	(1.18)
Maximum Drawdown	25.03	9.23	7.3	9.83	22.92	7.83
Variance	11.0	2.89	0.9267	2.4	9.14	2.15
Market Risk Adjusted Performance	3.79	8.84	1.04	(2.13)	0.4902	(1.17)
Risk Adjusted Performance	0.2261	0.0755	0.135	0.1457	0.0845	(0.09)
Skewness	3.1	(0.31)	1.17	(0.69)	2.22	(0.39)
Semi Deviation	0.9488	1.43	N/A	1.28	2.06	N/A
Information Ratio	0.2661	0.0696	0.1347	0.157	0.0867	(0.14)
Value At Risk	(2.82)	(2.00)	(0.03)	(2.00)	(3.75)	(2.55)
Expected Short fall	(3.39)	(1.71)	N/A	(1.37)	(2.22)	N/A
Downside Deviation	3.44	1.67	N/A	1.79	2.27	N/A
Semi Variance	0.9002	2.05	N/A	1.65	4.25	N/A

Atlassian Plc Competition Performance Charts

Five steps to successful analysis of Atlassian Plc Competition

Atlassian Plc'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 Plc in relation to its competition. Atlassian Plc's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Atlassian Plc 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 Plc's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Atlassian 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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Other Information on Investing in Atlassian Stock

Atlassian Plc financial ratios help investors to determine whether Atlassian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Atlassian with respect to the benefits of owning Atlassian Plc security.

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