COMMVAULT SYSTEMS INC (CVLT) Stock Fundamental Analysis
NASDAQ:CVLT - Nasdaq - US2041661024 - Common Stock - Currency: USD
Taking everything into account, CVLT scores 6 out of 10 in our fundamental rating. CVLT was compared to 281 industry peers in the Software industry. CVLT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CVLT has a decent growth rate and is not valued too expensively. This makes CVLT very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year CVLT was profitable.
CVLT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: CVLT reported negative net income in multiple years.
Of the past 5 years CVLT 4 years had a positive operating cash flow.
1.2 Ratios
CVLT's Return On Assets of 16.73% is amongst the best of the industry. CVLT outperforms 92.17% of its industry peers.
Looking at the Return On Equity, with a value of 59.49%, CVLT belongs to the top of the industry, outperforming 96.44% of the companies in the same industry.
CVLT has a Return On Invested Capital of 12.84%. This is amongst the best in the industry. CVLT outperforms 90.75% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CVLT is in line with the industry average of 12.03%.
The last Return On Invested Capital (12.84%) for CVLT is above the 3 year average (11.31%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.73% | ||
| ROE | 59.49% | ||
| ROIC | 12.84% |
ROA(3y)5.81%
ROA(5y)2.67%
ROE(3y)18.21%
ROE(5y)9.08%
ROIC(3y)11.31%
ROIC(5y)8.11%
1.3 Margins
Looking at the Profit Margin, with a value of 18.14%, CVLT belongs to the top of the industry, outperforming 84.34% of the companies in the same industry.
In the last couple of years the Profit Margin of CVLT has grown nicely.
With a decent Operating Margin value of 8.82%, CVLT is doing good in the industry, outperforming 76.16% of the companies in the same industry.
In the last couple of years the Operating Margin of CVLT has grown nicely.
CVLT has a better Gross Margin (81.95%) than 87.54% of its industry peers.
CVLT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.82% | ||
| PM (TTM) | 18.14% | ||
| GM | 81.95% |
OM growth 3Y19.86%
OM growth 5Y25.55%
PM growth 3YN/A
PM growth 5Y108.86%
GM growth 3Y-1.17%
GM growth 5Y-0.39%
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.
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.
2.2 Solvency
An Altman-Z score of 5.67 indicates that CVLT is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.67, CVLT is in the better half of the industry, outperforming 74.38% 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 | 5.67 |
ROIC/WACC1.21
WACC10.59%
2.3 Liquidity
A Current Ratio of 1.13 indicates that CVLT should not have too much problems paying its short term obligations.
With a Current ratio value of 1.13, CVLT is not doing good in the industry: 69.75% of the companies in the same industry are doing better.
CVLT has a Quick Ratio of 1.13. This is a normal value and indicates that CVLT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.13, CVLT is doing worse than 69.04% of the companies in the same industry.
The current and quick ratio evaluation for CVLT is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.07% over the past year.
CVLT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.11% yearly.
EPS 1Y (TTM)22.07%
EPS 3Y13.14%
EPS 5Y20.11%
EPS Q2Q%30.38%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%23.18%
3.2 Future
Based on estimates for the next years, CVLT will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.29% on average per year.
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 Y12.27%
EPS Next 2Y14.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.28%
Revenue Next 2Y11.69%
Revenue Next 3Y9.68%
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.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 47.27, which means the current valuation is very expensive for CVLT.
60.14% of the companies in the same industry are more expensive than CVLT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of CVLT to the average of the S&P500 Index (28.22), we can say CVLT is valued expensively.
CVLT is valuated quite expensively with a Price/Forward Earnings ratio of 42.11.
CVLT's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.86, CVLT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.27 | ||
| Fwd PE | 42.11 |
4.2 Price Multiples
61.92% of the companies in the same industry are more expensive than CVLT, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CVLT indicates a somewhat cheap valuation: CVLT is cheaper than 70.11% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.75 | ||
| EV/EBITDA | 76.94 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
CVLT has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CVLT's earnings are expected to grow with 14.29% in the coming years.
PEG (NY)3.85
PEG (5Y)2.35
EPS Next 2Y14.29%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CVLT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
172.55
+6.53 (+3.93%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners98.68%
Inst Owner Change1.37%
Ins Owners0.73%
Ins Owner Change-1.39%
Market Cap7.59B
Analysts78.89
Price Target177.4 (2.81%)
Short Float %4.5%
Short Ratio4.23
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)6.53%
Min EPS beat(2)5.64%
Max EPS beat(2)7.42%
EPS beat(4)4
Avg EPS beat(4)8.17%
Min EPS beat(4)5.64%
Max EPS beat(4)13.51%
EPS beat(8)8
Avg EPS beat(8)8.66%
EPS beat(12)10
Avg EPS beat(12)7.48%
EPS beat(16)13
Avg EPS beat(16)7.05%
Revenue beat(2)2
Avg Revenue beat(2)4.21%
Min Revenue beat(2)3.59%
Max Revenue beat(2)4.83%
Revenue beat(4)4
Avg Revenue beat(4)3.41%
Min Revenue beat(4)2.19%
Max Revenue beat(4)4.83%
Revenue beat(8)7
Avg Revenue beat(8)2.07%
Revenue beat(12)7
Avg Revenue beat(12)1.01%
Revenue beat(16)9
Avg Revenue beat(16)0.63%
PT rev (1m)-1.27%
PT rev (3m)-0.16%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)5.77%
EPS NY rev (1m)0.04%
EPS NY rev (3m)3.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.29%
Revenue NY rev (1m)-0.1%
Revenue NY rev (3m)2.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.27 | ||
| Fwd PE | 42.11 | ||
| P/S | 8.04 | ||
| P/FCF | 36.75 | ||
| P/OCF | 36.08 | ||
| P/B | 26.38 | ||
| P/tB | 95.46 | ||
| EV/EBITDA | 76.94 |
EPS(TTM)3.65
EY2.12%
EPS(NY)4.1
Fwd EY2.37%
FCF(TTM)4.7
FCFY2.72%
OCF(TTM)4.78
OCFY2.77%
SpS21.45
BVpS6.54
TBVpS1.81
PEG (NY)3.85
PEG (5Y)2.35
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.73% | ||
| ROE | 59.49% | ||
| ROCE | 16.25% | ||
| ROIC | 12.84% | ||
| ROICexc | 24.49% | ||
| ROICexgc | 109.35% | ||
| OM | 8.82% | ||
| PM (TTM) | 18.14% | ||
| GM | 81.95% | ||
| FCFM | 21.89% |
ROA(3y)5.81%
ROA(5y)2.67%
ROE(3y)18.21%
ROE(5y)9.08%
ROIC(3y)11.31%
ROIC(5y)8.11%
ROICexc(3y)39.01%
ROICexc(5y)28.49%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)14.32%
ROCE(5y)10.26%
ROICexcg growth 3Y34.91%
ROICexcg growth 5Y51.63%
ROICexc growth 3Y22.27%
ROICexc growth 5Y-0.93%
OM growth 3Y19.86%
OM growth 5Y25.55%
PM growth 3YN/A
PM growth 5Y108.86%
GM growth 3Y-1.17%
GM growth 5Y-0.39%
F-Score6
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 44.8% | ||
| Cap/Sales | 0.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 229.25% | ||
| Profit Quality | 120.64% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 1.13 | ||
| Altman-Z | 5.67 |
F-Score6
WACC10.59%
ROIC/WACC1.21
Cap/Depr(3y)43.03%
Cap/Depr(5y)39.88%
Cap/Sales(3y)0.47%
Cap/Sales(5y)0.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.07%
EPS 3Y13.14%
EPS 5Y20.11%
EPS Q2Q%30.38%
EPS Next Y12.27%
EPS Next 2Y14.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%23.18%
Revenue Next Year12.28%
Revenue Next 2Y11.69%
Revenue Next 3Y9.68%
Revenue Next 5Y9.98%
EBIT growth 1Y8.02%
EBIT growth 3Y25.94%
EBIT growth 5Y29.78%
EBIT Next Year21.09%
EBIT Next 3Y17.29%
EBIT Next 5YN/A
FCF growth 1Y10.59%
FCF growth 3Y19.92%
FCF growth 5Y14.03%
OCF growth 1Y10.98%
OCF growth 3Y18.01%
OCF growth 5Y13.08%