Mulya.ai
Ticker
WDAY
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?hist_ind
Reinvestment est.?projected
R&D capitalizedYes · 5yr amort
Leases factoredNo
Key Assumptions
WACC ?8.9%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?1.081
Beta (levered) ?1.151
Terminal OM% ?35.5%
Segment conc. ?98% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.72%
ROIC option ?Opt 2 · 13.1%
Prob of failure ?0.0%
Pipeline validated · 2026-07-21

WDAY · Workday, Inc.

$124.212026-07-21
Sector: Technology; Industry: Software - Application; Sub-Industry: Application Software

Intrinsic Value Range Comparison · Mulya.ai

R&D capitalized (5yr)
Bull
$252
+102.5% vs market
Base · active
$246
+98.3% vs market
Bear
$204
+64.3% vs market
Mulya.ai vs Analyst IV Comparison?
Market $124
Median $180
Bear $204
Base $246
Bull $252
Market Price $124
Mulya.ai Base $246
Analysts Median $180
Mulya.ai IV range ($204 · $252)
Analysts Range ($135 · $275)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2025.Q1$7.3B3.9%0.0%$899MM−$1.0B−$141MM9.0%8.0%$11.2B$5.43
2025.Q4$7.3B0.0%3.9%17.6%$235MM−$1.6B−$1.3B10.0%2.1%$11.3B$5.43
2026.Q1$8.4B16.4%7.7%21.2%$510MM−$1.1B−$577MM9.0%4.4%$11.7B$2.07
2026.Q4$8.4B0.0%7.7%31.3%$444MM−$2.9B−$2.4B9.6%3.6%$13.2B$2.07
2027.Q1$9.9B16.7%18.2%32.8%$1.2B−$2.9B−$1.6B8.6%9.1%$13.3B$3.3317.6
italics below = DCF projection · 10yr Rev CAGR: 8.8%
2028.Q1$11.0B+11.4%28.3%31.6%$2.1B−$2.8B−$671MM8.8%−$617MM14.5%$16.1B$3.4536.0
2029.Q1$12.2B+11.0%29.8%30.3%$2.5B−$2.3B$193MM8.8%$163MM14.7%$18.4B$4.6426.8
2030.Q1$13.6B+11.2%31.2%29.0%$3.0B−$2.2B$836MM8.8%$649MM15.4%$20.6B$6.1020.4
2031.Q1$15.1B+11.6%32.6%27.7%$3.6B−$3.4B$143MM8.8%$102MM16.0%$24.0B$7.8815.8
2032.Q1$16.7B+10.1%35.5%26.4%$4.4B−$3.3B$1.1B8.8%$717MM17.0%$27.3B$10.9811.3
Term. Yr+$23.8B4.1%35.5%20.0%$6.7B−$2.1B$4.6B8.6%$44.6B13.1%
Active scenario IV: $246 (+98.3% vs market)