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ASAN vs WDAY
Revenue, margins, valuation, and 5-year total return — side by side.
Software - Application
ASAN vs WDAY — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Software - Application | Software - Application |
| Market Cap | $1.59B | $32.30B |
| Revenue (TTM) | $791M | $9.55B |
| Net Income (TTM) | $-189M | $693M |
| Gross Margin | 89.0% | 75.7% |
| Operating Margin | -25.0% | 8.9% |
| Forward P/E | 26.6x | 11.7x |
| Total Debt | $209M | $834M |
| Cash & Equiv. | $200M | $1.50B |
ASAN vs WDAY — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Sep 20 | May 26 | Return |
|---|---|---|---|
| Asana, Inc. (ASAN) | 100 | 23.7 | -76.3% |
| Workday, Inc. (WDAY) | 100 | 57.0 | -43.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ASAN vs WDAY
Each card shows where this stock fits in a portfolio — not just who wins on paper.
In this particular matchup, ASAN is outpaced on most metrics by others in the set.
WDAY carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 0.71
- Rev growth 13.1%, EPS growth 32.3%, 3Y rev CAGR 15.4%
- 72.8% 10Y total return vs ASAN's -76.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 13.1% revenue growth vs ASAN's 9.2% | |
| Value | Lower P/E (11.7x vs 26.6x) | |
| Quality / Margins | 7.3% margin vs ASAN's -23.9% | |
| Stability / Safety | Beta 0.71 vs ASAN's 1.45, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | -50.5% vs ASAN's -58.4% | |
| Efficiency (ROA) | 3.8% ROA vs ASAN's -21.9%, ROIC 8.5% vs -62.4% |
ASAN vs WDAY — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
ASAN vs WDAY — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
WDAY leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
WDAY is the larger business by revenue, generating $9.6B annually — 12.1x ASAN's $791M. WDAY is the more profitable business, keeping 7.3% of every revenue dollar as net income compared to ASAN's -23.9%. On growth, WDAY holds the edge at +14.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $791M | $9.6B |
| EBITDAEarnings before interest/tax | -$175M | $1.2B |
| Net IncomeAfter-tax profit | -$189M | $693M |
| Free Cash FlowCash after capex | $84M | $2.8B |
| Gross MarginGross profit ÷ Revenue | +89.0% | +75.7% |
| Operating MarginEBIT ÷ Revenue | -25.0% | +8.9% |
| Net MarginNet income ÷ Revenue | -23.9% | +7.3% |
| FCF MarginFCF ÷ Revenue | +10.7% | +29.1% |
| Rev. Growth (YoY)Latest quarter vs prior year | +9.2% | +14.5% |
| EPS Growth (YoY)Latest quarter vs prior year | +48.1% | +57.1% |
Valuation Metrics
WDAY leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.6B | $32.3B |
| Enterprise ValueMkt cap + debt − cash | $1.6B | $31.6B |
| Trailing P/EPrice ÷ TTM EPS | -8.54x | 47.53x |
| Forward P/EPrice ÷ next-FY EPS est. | 26.63x | 11.69x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | 23.07x |
| Price / SalesMarket cap ÷ Revenue | 2.01x | 3.38x |
| Price / BookPrice ÷ Book value/share | 10.50x | 4.14x |
| Price / FCFMarket cap ÷ FCF | 18.37x | 11.63x |
Profitability & Efficiency
WDAY leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
WDAY delivers a 8.9% return on equity — every $100 of shareholder capital generates $9 in annual profit, vs $-94 for ASAN. WDAY carries lower financial leverage with a 0.11x debt-to-equity ratio, signaling a more conservative balance sheet compared to ASAN's 1.35x. On the Piotroski fundamental quality scale (0–9), WDAY scores 8/9 vs ASAN's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -94.1% | +8.9% |
| ROA (TTM)Return on assets | -21.9% | +3.8% |
| ROICReturn on invested capital | -62.4% | +8.5% |
| ROCEReturn on capital employed | -48.2% | +8.5% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 8 |
| Debt / EquityFinancial leverage | 1.35x | 0.11x |
| Net DebtTotal debt minus cash | $9M | -$667M |
| Cash & Equiv.Liquid assets | $200M | $1.5B |
| Total DebtShort + long-term debt | $209M | $834M |
| Interest CoverageEBIT ÷ Interest expense | -30.10x | 12.60x |
Total Returns (Dividends Reinvested)
WDAY leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in WDAY five years ago would be worth $5,220 today (with dividends reinvested), compared to $2,396 for ASAN. Over the past 12 months, WDAY leads with a -50.5% total return vs ASAN's -58.4%. The 3-year compound annual growth rate (CAGR) favors WDAY at -11.9% vs ASAN's -25.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -47.3% | -40.4% |
| 1-Year ReturnPast 12 months | -58.4% | -50.5% |
| 3-Year ReturnCumulative with dividends | -59.0% | -31.7% |
| 5-Year ReturnCumulative with dividends | -76.0% | -47.8% |
| 10-Year ReturnCumulative with dividends | -76.3% | +72.8% |
| CAGR (3Y)Annualised 3-year return | -25.7% | -11.9% |
Risk & Volatility
WDAY leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
WDAY is the less volatile stock with a 0.71 beta — it tends to amplify market swings less than ASAN's 1.45 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. WDAY currently trades 44.4% from its 52-week high vs ASAN's 35.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.45x | 0.71x |
| 52-Week HighHighest price in past year | $19.00 | $276.00 |
| 52-Week LowLowest price in past year | $5.38 | $110.39 |
| % of 52W HighCurrent price vs 52-week peak | +35.9% | +44.4% |
| RSI (14)Momentum oscillator 0–100 | 65.0 | 53.7 |
| Avg Volume (50D)Average daily shares traded | 6.3M | 5.3M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates ASAN as "Hold" and WDAY as "Buy". Consensus price targets imply 79.9% upside for ASAN (target: $12) vs 61.4% for WDAY (target: $198).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $12.29 | $197.90 |
| # AnalystsCovering analysts | 18 | 80 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +8.3% | +9.0% |
WDAY leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics.
ASAN vs WDAY: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is ASAN or WDAY a better buy right now?
For growth investors, Workday, Inc.
(WDAY) is the stronger pick with 13. 1% revenue growth year-over-year, versus 9. 2% for Asana, Inc. (ASAN). Workday, Inc. (WDAY) offers the better valuation at 47. 5x trailing P/E (11. 7x forward), making it the more compelling value choice. Analysts rate Workday, Inc. (WDAY) a "Buy" — based on 80 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — ASAN or WDAY?
On forward P/E, Workday, Inc.
is actually cheaper at 11. 7x.
03Which is the better long-term investment — ASAN or WDAY?
Over the past 5 years, Workday, Inc.
(WDAY) delivered a total return of -47. 8%, compared to -76. 0% for Asana, Inc. (ASAN). Over 10 years, the gap is even starker: WDAY returned +72. 8% versus ASAN's -76. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — ASAN or WDAY?
By beta (market sensitivity over 5 years), Workday, Inc.
(WDAY) is the lower-risk stock at 0. 71β versus Asana, Inc. 's 1. 45β — meaning ASAN is approximately 105% more volatile than WDAY relative to the S&P 500. On balance sheet safety, Workday, Inc. (WDAY) carries a lower debt/equity ratio of 11% versus 135% for Asana, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — ASAN or WDAY?
By revenue growth (latest reported year), Workday, Inc.
(WDAY) is pulling ahead at 13. 1% versus 9. 2% for Asana, Inc. (ASAN). On earnings-per-share growth, the picture is similar: Workday, Inc. grew EPS 32. 3% year-over-year, compared to 27. 9% for Asana, Inc.. Over a 3-year CAGR, WDAY leads at 15. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — ASAN or WDAY?
Workday, Inc.
(WDAY) is the more profitable company, earning 7. 3% net margin versus -23. 9% for Asana, Inc. — meaning it keeps 7. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: WDAY leads at 10. 7% versus -25. 0% for ASAN. At the gross margin level — before operating expenses — ASAN leads at 89. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is ASAN or WDAY more undervalued right now?
On forward earnings alone, Workday, Inc.
(WDAY) trades at 11. 7x forward P/E versus 26. 6x for Asana, Inc. — 14. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ASAN: 79. 9% to $12. 29.
08Which pays a better dividend — ASAN or WDAY?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is ASAN or WDAY better for a retirement portfolio?
For long-horizon retirement investors, Workday, Inc.
(WDAY) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 71)). Both have compounded well over 10 years (WDAY: +72. 8%, ASAN: -76. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between ASAN and WDAY?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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