COMMVAULT SYSTEMS INC (CVLT) Stock Fundamental Analysis
NASDAQ:CVLT - US2041661024 - Common Stock
186.645 USD
-1.09 (-0.58%)
186.645 USD
0 (0%)
Overall CVLT gets a fundamental rating of 6 out of 10. We evaluated CVLT against 282 industry peers in the Software industry. CVLT gets an excellent profitability rating and is at the same time showing great financial health properties. CVLT shows excellent growth, but is valued quite expensive already. With these ratings, CVLT could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year CVLT was profitable.
In the past year CVLT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CVLT reported negative net income in multiple years.
In the past 5 years CVLT always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CVLT (6.89%) is better than 76.60% of its industry peers.
CVLT has a better Return On Equity (22.23%) than 89.01% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.03%, CVLT belongs to the top of the industry, outperforming 86.88% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CVLT is in line with the industry average of 11.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.89% | ||
| ROE | 22.23% | ||
| ROIC | 11.03% |
ROA(3y)6.71%
ROA(5y)4.16%
ROE(3y)21.64%
ROE(5y)14.04%
ROIC(3y)12.45%
ROIC(5y)10.45%
1.3 Margins
CVLT's Profit Margin of 7.70% is fine compared to the rest of the industry. CVLT outperforms 72.34% of its industry peers.
CVLT's Profit Margin has improved in the last couple of years.
CVLT has a Operating Margin of 8.49%. This is in the better half of the industry: CVLT outperforms 72.69% of its industry peers.
In the last couple of years the Operating Margin of CVLT has grown nicely.
CVLT has a better Gross Margin (81.95%) than 88.65% of its industry peers.
CVLT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.49% | ||
| PM (TTM) | 7.7% | ||
| GM | 81.95% |
OM growth 3Y12.49%
OM growth 5Y69.82%
PM growth 3Y20.53%
PM growth 5YN/A
GM growth 3Y-1.26%
GM growth 5Y-0.13%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CVLT is creating some value.
Compared to 1 year ago, CVLT has more shares outstanding
The number of shares outstanding for CVLT has been reduced compared to 5 years ago.
CVLT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
CVLT has an Altman-Z score of 6.11. This indicates that CVLT is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 6.11, CVLT is doing good in the industry, outperforming 75.53% of the companies in the same industry.
There is no outstanding debt for CVLT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 6.11 |
ROIC/WACC0.98
WACC11.23%
2.3 Liquidity
CVLT has a Current Ratio of 1.24. This is a normal value and indicates that CVLT is financially healthy and should not expect problems in meeting its short term obligations.
CVLT has a Current ratio (1.24) which is in line with its industry peers.
A Quick Ratio of 1.24 indicates that CVLT should not have too much problems paying its short term obligations.
CVLT has a Quick ratio of 1.24. This is comparable to the rest of the industry: CVLT outperforms 41.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.24 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
CVLT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.12%, which is quite impressive.
The Earnings Per Share has been growing by 20.11% on average over the past years. This is a very strong growth
The Revenue has grown by 21.62% in the past year. This is a very strong growth!
Measured over the past years, CVLT shows a quite strong growth in Revenue. The Revenue has been growing by 8.21% on average per year.
EPS 1Y (TTM)22.12%
EPS 3Y13.14%
EPS 5Y20.11%
EPS Q2Q%18.82%
Revenue 1Y (TTM)21.62%
Revenue growth 3Y8.96%
Revenue growth 5Y8.21%
Sales Q2Q%25.51%
3.2 Future
CVLT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.72% yearly.
Based on estimates for the next years, CVLT will show a quite strong growth in Revenue. The Revenue will grow by 9.98% on average per year.
EPS Next Y15.44%
EPS Next 2Y15.52%
EPS Next 3Y15.72%
EPS Next 5YN/A
Revenue Next Year18.46%
Revenue Next 2Y15.08%
Revenue Next 3Y15.03%
Revenue Next 5Y9.98%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 48.99, which means the current valuation is very expensive for CVLT.
The rest of the industry has a similar Price/Earnings ratio as CVLT.
CVLT is valuated expensively when we compare the Price/Earnings ratio to 27.08, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 38.32, CVLT can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as CVLT.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.72, CVLT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.99 | ||
| Fwd PE | 38.32 |
4.2 Price Multiples
CVLT's Enterprise Value to EBITDA is on the same level as the industry average.
63.48% of the companies in the same industry are more expensive than CVLT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.77 | ||
| EV/EBITDA | 80.39 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CVLT does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of CVLT may justify a higher PE ratio.
A more expensive valuation may be justified as CVLT's earnings are expected to grow with 15.72% in the coming years.
PEG (NY)3.17
PEG (5Y)2.44
EPS Next 2Y15.52%
EPS Next 3Y15.72%
5. Dividend
5.1 Amount
CVLT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
186.645
-1.09 (-0.58%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners102.06%
Inst Owner Change0.67%
Ins Owners0.99%
Ins Owner Change1.21%
Market Cap8.30B
Analysts81.11
Price Target210.42 (12.74%)
Short Float %3.45%
Short Ratio2.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.48%
Min EPS beat(2)2.23%
Max EPS beat(2)8.73%
EPS beat(4)4
Avg EPS beat(4)6.01%
Min EPS beat(4)2.23%
Max EPS beat(4)8.73%
EPS beat(8)8
Avg EPS beat(8)6.88%
EPS beat(12)11
Avg EPS beat(12)7.14%
EPS beat(16)13
Avg EPS beat(16)5.29%
Revenue beat(2)2
Avg Revenue beat(2)2.98%
Min Revenue beat(2)2.75%
Max Revenue beat(2)3.21%
Revenue beat(4)4
Avg Revenue beat(4)3.6%
Min Revenue beat(4)2.75%
Max Revenue beat(4)4.83%
Revenue beat(8)8
Avg Revenue beat(8)2.84%
Revenue beat(12)9
Avg Revenue beat(12)1.52%
Revenue beat(16)10
Avg Revenue beat(16)0.89%
PT rev (1m)9.15%
PT rev (3m)12.72%
EPS NQ rev (1m)0.06%
EPS NQ rev (3m)2.71%
EPS NY rev (1m)-2.12%
EPS NY rev (3m)-2.12%
Revenue NQ rev (1m)0.72%
Revenue NQ rev (3m)2.24%
Revenue NY rev (1m)2.86%
Revenue NY rev (3m)2.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 48.99 | ||
| Fwd PE | 38.32 | ||
| P/S | 7.88 | ||
| P/FCF | 43.77 | ||
| P/OCF | 42.69 | ||
| P/B | 22.75 | ||
| P/tB | 51.92 | ||
| EV/EBITDA | 80.39 |
EPS(TTM)3.81
EY2.04%
EPS(NY)4.87
Fwd EY2.61%
FCF(TTM)4.26
FCFY2.28%
OCF(TTM)4.37
OCFY2.34%
SpS23.68
BVpS8.2
TBVpS3.59
PEG (NY)3.17
PEG (5Y)2.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.89% | ||
| ROE | 22.23% | ||
| ROCE | 13.96% | ||
| ROIC | 11.03% | ||
| ROICexc | 25.47% | ||
| ROICexgc | 97.67% | ||
| OM | 8.49% | ||
| PM (TTM) | 7.7% | ||
| GM | 81.95% | ||
| FCFM | 18.01% |
ROA(3y)6.71%
ROA(5y)4.16%
ROE(3y)21.64%
ROE(5y)14.04%
ROIC(3y)12.45%
ROIC(5y)10.45%
ROICexc(3y)39.74%
ROICexc(5y)33.46%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)15.76%
ROCE(5y)13.23%
ROICexcg growth 3Y-8.14%
ROICexcg growth 5Y58.13%
ROICexc growth 3Y2.91%
ROICexc growth 5Y71.5%
OM growth 3Y12.49%
OM growth 5Y69.82%
PM growth 3Y20.53%
PM growth 5YN/A
GM growth 3Y-1.26%
GM growth 5Y-0.13%
F-Score6
Asset Turnover0.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 48.1% | ||
| Cap/Sales | 0.45% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 195.72% | ||
| Profit Quality | 233.86% | ||
| Current Ratio | 1.24 | ||
| Quick Ratio | 1.24 | ||
| Altman-Z | 6.11 |
F-Score6
WACC11.23%
ROIC/WACC0.98
Cap/Depr(3y)44.84%
Cap/Depr(5y)44.31%
Cap/Sales(3y)0.42%
Cap/Sales(5y)0.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.12%
EPS 3Y13.14%
EPS 5Y20.11%
EPS Q2Q%18.82%
EPS Next Y15.44%
EPS Next 2Y15.52%
EPS Next 3Y15.72%
EPS Next 5YN/A
Revenue 1Y (TTM)21.62%
Revenue growth 3Y8.96%
Revenue growth 5Y8.21%
Sales Q2Q%25.51%
Revenue Next Year18.46%
Revenue Next 2Y15.08%
Revenue Next 3Y15.03%
Revenue Next 5Y9.98%
EBIT growth 1Y4.72%
EBIT growth 3Y22.58%
EBIT growth 5Y83.77%
EBIT Next Year20.35%
EBIT Next 3Y17.47%
EBIT Next 5YN/A
FCF growth 1Y3.32%
FCF growth 3Y5.52%
FCF growth 5Y19.01%
OCF growth 1Y4%
OCF growth 3Y5.38%
OCF growth 5Y18.57%