Professional
Added to YB: 2026-07-14
Pitch date: 2026-07-11
WK [neutral]
Workiva Inc.
+2.73%
current return
Author Info
Meditation Capital is a global long-only fund with a focus on investing in quality companies with exceptional products. Their goal is to generate high rates of return while striving to continually maintain safety of principal. Sign up for the newsletter.
Company Info
Workiva Inc., together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally.
Market Cap
$2.9B
Pitch Price
$53.09
Price Target
34.00 (-35%)
Dividend
N/A
EV/EBITDA
157.32
P/E
208.87
EV/Sales
3.09
Sector
Software
Category
growth
Meditation Capital Portfolio Holding: Workiva Inc.
WK (holding update): Near-monopoly in SEC reporting (95% F100, ~85% mkt cap); platform play taking share from point solutions. AI-resistant (100% accuracy needed, workflow tool, value-based pricing). 21% sub rev growth, 97% GRR, 110% NRR, margins +1800bps. 2.6x NTM sales; 31% IRR at 4x exit, PE takeout upside to 5-6x (double+). Downside -20%.
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