Asana vs producteev 2016 Pc#

For example, most of the listed apps support various degrees of customisation I have only listed omnifocus, gqueues and toodledo as being extraordinarily versatile in that area. For ‘bug free’ I have set the bar equally high. I have not included apps that I have never explored (call me traditional), nor apps that are primarily geared towards note taking (such as evernote, that swiss army knife of productivity) or team collaboration (such as basecamp or flow).

I have not included other parameters, such as whether file attachments are supported. The post For Now, Asana’s Weaknesses Outweigh Its Strengths appeared first on InvestorPlace.There is only so much that will fit on a page. Man Who Called Black Monday: “Prepare Now.” Stock Prodigy Who Found NIO at $2… Says Buy THIS Now You can reach him on StockTwits at Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been solar stocks, Upstart, Roku, Plug Power, and Snap. He has been employed by The Fly and Israel’s largest business newspaper, Globes. Larry has conducted research and written articles on U.S. On the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article. Therefore, I would sell ASAN stock and await either a much more attractive valuation or compelling evidence that Asana can profitably take share from its competitors over the long term. What’s more, at a time when Wall Street is largely shunning stocks with very high valuations and high losses, Asana checks both of those boxes. While those are very important capabilities, I’m unsure if they will enable Asana to continue taking market share from its dozens of competitors, including Alphabet and Microsoft. The Bottom Line on ASAN StockĪsana’s strong reviews are encouraging, and it seems to be a market leader when it comes to IT security, partnerships, and remote workers. And based on analysts’ average 2022 sales estimate, the shares are trading at a price-sales ratio of 27.5. Although the shares have tumbled nearly 50% from their November highs, their trailing price-sales ratio is a staggering 34.4. The fact that the company’s operating income went down in each of the last two years is also discouraging.ĭespite these issues, the valuation of ASAN stock is gigantic. Its operating income in the fiscal 2021 year was a loss $175.6 million, down from -a loss of $119.6 million in 2020 and a loss of $52 million in 2019. Taking on Alphabet, Microsoft and dozens of other competitors is very difficult for a company whose revenue in its fiscal 2021 (which mostly fell in calendar 2020) was just $227 million and that spent a total of just $402.5 million during that year.Īnd as the latter numbers indicate, Asana, which was founded back in 2008, remains deeply in the red. Asana also collaborates with multiple information security providers, including Okta (NASDAQ: OKTA), and Asana, in general, has more partnerships with other tech firms than its competitors. According to Seeking Alpha, it enables companies to integrate “more security and data governance” into their existing software. The product has a few other important distinctions. At a time when the work-from-home trend remains quite prevalent and since even after concerns about the coronavirus disappear many people will likely continue working from home, that’s a very important factor working in Asana’s factor.ħ of the Best Tech Stocks for 2022 to Buy Now Importantly, several of the reviews which I read on G2 noted that Asana was very effective when it comes to managing remote employees. I’d say a success rating of over 90% is pretty impressive. On that site, 7,149 reviewers gave the product four or five stars and less than 700 awarded it between one and three stars. InvestorPlace - Stock Market News, Stock Advice & Trading TipsĪlso very upbeat on the product were most reviewers on G2.

Asana vs producteev 2016 Pc#

“Although may be confusing at first, its flexibility and vast capabilities are well worth the effort it takes to get started.” PC Mag gave the offering 4.5 out of five stars. For example, in June PC Mag called Asana (the product has the same name as the company) a “top-notch” collaboration tool. The reviews of Asana’s platform appear to be overwhelmingly positive. In light of these points, I advise investors to avoid the shares at this point.