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Confluent Inc Class A CFLT

Morningstar Rating
$28.32 −0.57 (1.97%)
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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 12% discount.
Price
$28.42
Fair Value
$31.65
Uncertainty
Very High
1-Star Price
$96.66
5-Star Price
$77.47
Economic Moat
Zlkvy
Capital Allocation
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News

Trading Information

Previous Close Price
$28.89
Day Range
$27.7428.54
52-Week Range
$14.6941.20
Bid/Ask
$28.31 / $28.33
Market Cap
$8.87 Bil
Volume/Avg
985,189 / 5.1 Mil

Key Statistics

Price/Earnings (Normalized)
622.33
Price/Sales
11.18
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)
622.33112.59
Price/Book Value
11.104.793.69
Price/Sales
11.189.696.29
Price/Cash Flow
78.26
Price/Earnings
CFLT
HCP
AVDX

Financial Strength

Metric
CFLT
HCP
AVDX
Quick Ratio
4.383.320.30
Current Ratio
4.623.501.25
Interest Coverage
−3.96
Quick Ratio
CFLT
HCP
AVDX

Profitability

Metric
CFLT
HCP
AVDX
Return on Assets (Normalized)
0.55%−3.46%0.57%
Return on Equity (Normalized)
1.69%−4.67%1.89%
Return on Invested Capital (Normalized)
0.69%−8.86%0.81%
Return on Assets
CFLT
HCP
AVDX
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