Citrix Systems Inc (CTXS)
US1773761002 - Common Stock
We assign a fundamental rating of 2 out of 10 to CTXS. CTXS was compared to 276 industry peers in the Software industry. CTXS has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, CTXS is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
CTXS had positive earnings in the past year.
CTXS had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CTXS had a positive operating cash flow.
1.2 Ratios
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 40.08% | ||
| ROIC | 9.05% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.43% | ||
| PM (TTM) | 9.97% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CTXS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, CTXS has more shares outstanding
CTXS has a worse debt/assets ratio than last year.
2.2 Solvency
CTXS has an Altman-Z score of 2.89. This is not the best score and indicates that CTXS is in the grey zone with still only limited risk for bankruptcy at the moment.
A Debt/Equity ratio of 3.92 is on the high side and indicates that CTXS has dependencies on debt financing.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.92 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.89 |
ROIC/WACC0.8
WACC11.34%
2.3 Liquidity
A Current Ratio of 0.82 indicates that CTXS may have some problems paying its short term obligations.
A Quick Ratio of 0.81 indicates that CTXS may have some problems paying its short term obligations.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
CTXS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.00%.
Measured over the past 5 years, CTXS shows a small growth in Earnings Per Share. The EPS has been growing by 0.08% on average per year.
The Revenue has been growing slightly by 4.72% in the past year.
Measured over the past years, CTXS shows a small growth in Revenue. The Revenue has been growing by 3.29% on average per year.
EPS 1Y (TTM)4%
EPS 3Y-1.87%
EPS 5Y0.08%
EPS growth Q2Q28.23%
Revenue 1Y (TTM)4.72%
Revenue growth 3Y2.66%
Revenue growth 5Y3.29%
Revenue growth Q2Q5.84%
3.2 Future
The Earnings Per Share is expected to grow by 4.00% on average over the next years.
The Revenue is expected to grow by 2.91% on average over the next years.
EPS Next Y7.65%
EPS Next 2Y5.63%
EPS Next 3Y4.95%
EPS Next 5Y4%
Revenue Next Year4.15%
Revenue Next 2Y2.56%
Revenue Next 3Y3.45%
Revenue Next 5Y2.91%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.16, which indicates a rather expensive current valuation of CTXS.
Compared to an average S&P500 Price/Earnings ratio of 25.20, CTXS is valued a bit cheaper.
With a Price/Forward Earnings ratio of 17.47, CTXS is valued on the expensive side.
CTXS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.16 | ||
| Fwd PE | 17.47 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.86 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CTXS does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.38
PEG (5Y)241.49
EPS Next 2Y5.63%
EPS Next 3Y4.95%
5. Dividend
5.1 Amount
CTXS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Citrix Systems Inc
NASDAQ:CTXS (9/29/2022, 7:17:34 PM)
After market: 103.93 +0.03 (+0.03%)103.9
+0.04 (+0.04%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap13.18B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.16 | ||
| Fwd PE | 17.47 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)2.38
PEG (5Y)241.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.71% | ||
| ROE | 40.08% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 14.43% | ||
| PM (TTM) | 9.97% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.92 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)4%
EPS 3Y-1.87%
EPS 5Y
EPS growth Q2Q
EPS Next Y7.65%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.72%
Revenue growth 3Y2.66%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y