Investopedia: For Autodesk, Growth Is Weighing On Value
is a great company, but tech stock investors don't care nearly as much
about "great company" as they do "lots and lots of growth."
Unfortunately, Autodesk is something of a victim of its own success in
that regard, and the company is now seen as inextricably tied to overall
global macroeconomic growth. While a discounted cash flow
analysis suggests that Autodesk shares are significantly undervalued,
value-oriented investors need to know that realizing that value is going
to likely take quite some time.