COMMVAULT SYSTEMS INC (CVLT) Stock Fundamental Analysis
USA - NASDAQ:CVLT - US2041661024 - Common Stock
170.06 USD
-4.83 (-2.76%)
170.06 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to CVLT. CVLT was compared to 285 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
CVLT had positive earnings in the past year.
CVLT had a positive operating cash flow in the past year.
In multiple years CVLT reported negative net income over the last 5 years.
CVLT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of CVLT (6.89%) is better than 76.14% of its industry peers.
Looking at the Return On Equity, with a value of 22.23%, CVLT belongs to the top of the industry, outperforming 88.42% of the companies in the same industry.
CVLT has a better Return On Invested Capital (11.03%) than 87.37% 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 11.90%.
| 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 has a Profit Margin of 7.70%. This is in the better half of the industry: CVLT outperforms 70.53% of its industry peers.
CVLT's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 8.49%, CVLT is doing good in the industry, outperforming 71.93% 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 88.77% 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.
The number of shares outstanding for CVLT has been increased compared to 1 year ago.
Compared to 5 years ago, CVLT has less shares outstanding
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
CVLT has an Altman-Z score of 5.53. This indicates that CVLT is financially healthy and has little risk of bankruptcy at the moment.
CVLT's Altman-Z score of 5.53 is fine compared to the rest of the industry. CVLT outperforms 71.23% of its industry peers.
CVLT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.53 |
ROIC/WACC1
WACC11%
2.3 Liquidity
A Current Ratio of 1.24 indicates that CVLT should not have too much problems paying its short term obligations.
CVLT has a worse Current ratio (1.24) than 60.70% of its industry peers.
CVLT has a Quick 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 Quick ratio of 1.24. This is in the lower half of the industry: CVLT underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.24 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.12% over the past year.
Measured over the past years, CVLT shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.11% on average per year.
The Revenue has grown by 21.62% in the past year. This is a very strong growth!
CVLT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.21% yearly.
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 15.71% yearly.
CVLT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.98% yearly.
EPS Next Y15.38%
EPS Next 2Y15.59%
EPS Next 3Y15.71%
EPS Next 5YN/A
Revenue Next Year18.76%
Revenue Next 2Y15.21%
Revenue Next 3Y14.01%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 44.64, the valuation of CVLT can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of CVLT is on the same level as its industry peers.
CVLT's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.57.
CVLT is valuated quite expensively with a Price/Forward Earnings ratio of 34.87.
CVLT's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of CVLT to the average of the S&P500 Index (23.09), we can say CVLT is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.64 | ||
| Fwd PE | 34.87 |
4.2 Price Multiples
CVLT's Enterprise Value to EBITDA ratio is in line with the industry average.
CVLT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. CVLT is cheaper than 65.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.88 | ||
| EV/EBITDA | 72.48 |
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.
CVLT has a very decent profitability rating, which may justify a higher PE ratio.
CVLT's earnings are expected to grow with 15.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.9
PEG (5Y)2.22
EPS Next 2Y15.59%
EPS Next 3Y15.71%
5. Dividend
5.1 Amount
CVLT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
170.06
-4.83 (-2.76%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners103.74%
Inst Owner Change0.04%
Ins Owners0.72%
Ins Owner Change-0.68%
Market Cap7.56B
Revenue(TTM)1.05B
Net Income(TTM)81.08M
Analysts81.11
Price Target210.46 (23.76%)
Short Float %5.17%
Short Ratio3.5
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)0.02%
PT rev (3m)10.67%
EPS NQ rev (1m)-0.35%
EPS NQ rev (3m)-0.4%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-2.17%
Revenue NQ rev (1m)1.46%
Revenue NQ rev (3m)2.52%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)3.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.64 | ||
| Fwd PE | 34.87 | ||
| P/S | 7.18 | ||
| P/FCF | 39.88 | ||
| P/OCF | 38.9 | ||
| P/B | 20.73 | ||
| P/tB | 47.31 | ||
| EV/EBITDA | 72.48 |
EPS(TTM)3.81
EY2.24%
EPS(NY)4.88
Fwd EY2.87%
FCF(TTM)4.26
FCFY2.51%
OCF(TTM)4.37
OCFY2.57%
SpS23.68
BVpS8.2
TBVpS3.59
PEG (NY)2.9
PEG (5Y)2.22
Graham Number26.52
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%
ROICexgc growth 3Y-8.14%
ROICexgc 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 | 5.53 |
F-Score6
WACC11%
ROIC/WACC1
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 Y15.38%
EPS Next 2Y15.59%
EPS Next 3Y15.71%
EPS Next 5YN/A
Revenue 1Y (TTM)21.62%
Revenue growth 3Y8.96%
Revenue growth 5Y8.21%
Sales Q2Q%25.51%
Revenue Next Year18.76%
Revenue Next 2Y15.21%
Revenue Next 3Y14.01%
Revenue Next 5Y9.98%
EBIT growth 1Y4.72%
EBIT growth 3Y22.58%
EBIT growth 5Y83.77%
EBIT Next Year25.13%
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%