Godaddy Shares Outstanding vs. Current Valuation

GDDY Stock  USD 206.78  2.13  1.02%   
Based on the key profitability measurements obtained from Godaddy's financial statements, Godaddy is performing exceptionally good at the present time. It has a great chance to showcase excellent profitability results in January. Profitability indicators assess Godaddy's ability to earn profits and add value for shareholders. At this time, Godaddy's Days Sales Outstanding is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.14 in 2024, whereas Price To Sales Ratio is likely to drop 2.28 in 2024. At this time, Godaddy's Net Income Per E B T is fairly stable compared to the past year.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.50.6287
Significantly Down
Pretty Stable
For Godaddy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Godaddy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Godaddy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Godaddy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Godaddy over time as well as its relative position and ranking within its peers.
  

Godaddy's Revenue Breakdown by Earning Segment

Check out Risk vs Return Analysis.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Godaddy. If investors know Godaddy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Godaddy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.483
Earnings Share
12.45
Revenue Per Share
31.687
Quarterly Revenue Growth
0.073
Return On Assets
0.0754
The market value of Godaddy is measured differently than its book value, which is the value of Godaddy that is recorded on the company's balance sheet. Investors also form their own opinion of Godaddy's value that differs from its market value or its book value, called intrinsic value, which is Godaddy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Godaddy's market value can be influenced by many factors that don't directly affect Godaddy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Godaddy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Godaddy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Godaddy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Godaddy Current Valuation vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Godaddy's current stock value. Our valuation model uses many indicators to compare Godaddy value to that of its competitors to determine the firm's financial worth.
Godaddy is rated below average in shares outstanding category among its peers. It is rated as one of the top companies in current valuation category among its peers reporting about  230.74  of Current Valuation per Shares Outstanding. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Godaddy's earnings, one of the primary drivers of an investment's value.

Godaddy's Earnings Breakdown by Geography

Godaddy Current Valuation vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Godaddy

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
140.39 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Godaddy

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
32.39 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Godaddy Current Valuation vs Competition

Godaddy is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 137.47 Billion. Godaddy totals roughly 32.39 Billion in current valuation claiming about 24% of equities under Information Technology industry.

Godaddy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Godaddy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Godaddy will eventually generate negative long term returns. The profitability progress is the general direction of Godaddy's change in net profit over the period of time. It can combine multiple indicators of Godaddy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income111.2 M116.8 M
Operating Income547.4 M574.8 M
Income Before Tax403.8 M424 M
Total Other Income Expense Net-143.6 M-136.4 M
Net Income1.4 B1.4 B
Income Tax Expense-971.8 M-923.2 M
Net Income From Continuing Ops355.3 M373.1 M
Net Income Applicable To Common Shares405 M425.3 M
Interest Income114.1 M92.2 M
Non Operating Income Net Other4.6 M4.8 M
Net Interest Income-177.6 M-168.7 M
Change To Netincome391.5 M411 M
Net Income Per Share 9.27  9.73 
Income Quality 0.76  0.80 
Net Income Per E B T 3.40  3.57 

Godaddy Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Godaddy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Godaddy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Godaddy's important profitability drivers and their relationship over time.

Use Godaddy in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Godaddy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Godaddy will appreciate offsetting losses from the drop in the long position's value.

Godaddy Pair Trading

Godaddy Pair Trading Analysis

The ability to find closely correlated positions to Godaddy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Godaddy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Godaddy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Godaddy to buy it.
The correlation of Godaddy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Godaddy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Godaddy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Godaddy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Godaddy position

In addition to having Godaddy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Sector ETFs
Sector ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sector ETFs theme has 439 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sector ETFs Theme or any other thematic opportunities.
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Additional Tools for Godaddy Stock Analysis

When running Godaddy's price analysis, check to measure Godaddy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.