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Confluent Inc Class A CFLT

Morningstar Rating
$32.23 +0.70 (2.22%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CFLT is trading at a 665% premium.
Price
$32.13
Fair Value
$94.29
Uncertainty
Very High
1-Star Price
$81.75
5-Star Price
$41.89
Economic Moat
Nsjl
Capital Allocation
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News

Trading Information

Previous Close Price
$31.53
Day Range
$31.6232.39
52-Week Range
$14.6941.22
Bid/Ask
$31.99 / $32.30
Market Cap
$10.24 Bil
Volume/Avg
2.6 Mil / 4.1 Mil

Key Statistics

Price/Earnings (Normalized)
181.86
Price/Sales
12.04
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
< 0.01%

Company Profile

Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. Its products include Confluent Platform; Connectors; ksqlDB and others. The company generates revenue from the sale of subscriptions and services. Geographically, it derives a majority of its revenue from the United States. The company provides solutions to Financial Services; Insurance; Retail and eCommerce; Automotive; Government and other sectors.
Sector
Technology
Industry
Software - Infrastructure
Stock Style Box
Small Growth
Total Number of Employees
2,744

Comparables

Valuation

Metric
CFLT
HCP
AVDX
Price/Earnings (Normalized)
181.8663.66
Price/Book Value
12.105.413.48
Price/Sales
12.0410.955.74
Price/Cash Flow
652.5546.82
Price/Earnings
CFLT
HCP
AVDX

Financial Strength

Metric
CFLT
HCP
AVDX
Quick Ratio
4.803.320.39
Current Ratio
5.073.501.34
Interest Coverage
−2.99
Quick Ratio
CFLT
HCP
AVDX

Profitability

Metric
CFLT
HCP
AVDX
Return on Assets (Normalized)
2.29%−0.97%0.57%
Return on Equity (Normalized)
6.88%−1.31%1.89%
Return on Invested Capital (Normalized)
2.85%−5.55%0.81%
Return on Assets
CFLT
HCP
AVDX
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