Financebotresearch desk研究台

Evergreen Compounders长期复利公司

Workday, Inc.

WDAY 8

Software - Application · 42.3B market cap · site

Price and target zones价格与目标区间

$159.69
$110–130 entry买入$200+ trim减仓52wk52周 $110–$250-36% off the high距高点

What the company does公司做什么

Workday makes cloud software that large companies use to run two core back-office jobs: managing employees and managing money. It replaces older systems that used to run on a company's own computers. Instead, Workday keeps everything in one online database that staff reach from any web browser. It sells mainly to large companies, universities, hospitals, and government bodies. Two founders started Workday in 2005 to build a fresh alternative to the older HR software one of them had built before.Workday制作云软件,供大公司用来做两件核心的后台工作:管理员工和管理钱。它取代了过去在公司自己计算机上运行的老系统。它把所有东西都放在一个在线数据库里,员工从任何一个网页浏览器就能访问。它主要卖给大公司、大学、医院和政府机构。两位创始人在2005年创办了Workday,想做一个全新的替代品,来取代其中一位以前做过的那套老的HR软件。

Earns from营收来源 customers pay a recurring fee, billed under multi-year contracts, to keep using the online software.客户按多年合同支付反复收取的费用,以持续使用这套在线软件。

Read the full description查看完整介绍

Workday, Inc. provides enterprise cloud applications in the United States and internationally. The company offers a suite of financial management applications to maintain accounting information; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; perform financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations. It also provides spend management solutions that help organizations to streamline supplier selection and contract management, build and execute sourcing events, such as requests for proposals, and manage indirect spend; expense management solutions to submit and approve expenses; and a suite of human capital management applications that enables HR teams to hire, onboard, pay, develop, reskill, and provide employee experiences. In addition, the company offers planning applications. Further, it provides supply chain and inventory solutions to healthcare organizations; solutions to manage the end-to-end student and faculty lifecycle; Workday Extend for customers and their developers to build custom applications. The company serves the professional and business services, financial services, healthcare, manufacturing, media, education, government, technology, media, retail, and hospitality industries. It sells its solutions through its direct sales organization. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was incorporated in 2005 and is headquartered in Pleasanton, California.

What the company sells公司卖什么share of revenue营收占比

Subscription services订阅服务

92%

The yearly fee customers pay to keep running their business on Workday. It is almost all of the company's revenue.客户为继续在 Workday 上运营业务而支付的年费。这几乎是公司的全部营收。

Human Capital Management (HCM)人力资本管理(HCM)
software that holds every employee's record, runs payroll, and manages hiring, pay, and benefits for a large company.为大公司保存每位员工记录、发放薪资、管理招聘、薪酬和福利的软件。
Financial Management财务管理
software that tracks a company's money: bills it owes, bills it is owed, and the reports it needs to close its books each period.追踪一家公司资金的软件:它该付的账、别人该付它的账,以及每个周期结账时需要的报表。
Adaptive Planning
software that helps a company build a budget and change it fast when sales, costs, or staffing plans shift.帮助公司编制预算、并在销售、成本或人员计划变动时快速调整预算的软件。

Professional services专业服务

8%

A one-time fee for the work of setting up the software so it fits a customer's own rules.为把软件搭建好、使它符合客户自己规则而做的工作收取的一次性费用。

Implementation and configuration实施与配置
Workday staff or approved partners set up the software to match a customer's pay rules, benefit plans, and accounting structure.Workday 员工或认可的合作伙伴把软件设置好,以匹配客户的薪酬规则、福利方案和会计结构。
Training培训
Workday teaches a customer's own staff how to run the software after it goes live.软件上线后,Workday 教客户自己的员工如何使用它。

Company facts公司资料

Founded成立时间
2005
Headquarters总部
Pleasanton, California
Employees员工人数
20,834
Industry行业
Software - Application
Country国家
United States

Investment thesis投资逻辑 from the watchlist来自关注列表

📋 12.6x fwd, 29% FCF CAGR, $26B backlog, 97% retention. Add $110-130. Trim $200+. FV $179-240.

📋 12.6x 前瞻,29% 自由现金流复合增长率,$26B 积压订单,97% 留存率。$110-130 增持。$200+ 减仓。合理价值 $179-240。

Historical results历史业绩 past fiscal years — these values do not change过去财年——这些数值不会变动

Profit margins利润率 the share of revenue that stays as profit营收中留存为利润的比例

Gross profit毛利润
76%
Operating profit营业利润
13%
Net profit净利润
9%

of every $1 of revenue每 $1 营收中的占比

Return on equity净资产收益率
11%
Revenue growth营收增长
+14%

Competitors竞争对手

SAPOracleADP

Why customers stay客户为什么留下

once a company moves every employee record and every finance transaction into Workday's single database, pulling that data back out and rebuilding it in a rival system is slow, risky, and costly, so customers rarely switch.一旦一家公司把每一条员工记录和每一笔财务交易都搬进了Workday的单一数据库,再把这些数据取出来、在对手的系统里重建,就又慢、又有风险、又费钱,所以客户很少更换。

Recent news近期新闻 last 7 days近7天

Sources来源