COMMVAULT SYSTEMS INC (CVLT)
US2041661024 - Common Stock
Overall CVLT gets a fundamental rating of 5 out of 10. We evaluated CVLT against 276 industry peers in the Software industry. Both the profitability and the financial health of CVLT get a neutral evaluation. Nothing too spectacular is happening here. CVLT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CVLT was profitable.
CVLT had a positive operating cash flow in the past year.
In the past 5 years CVLT reported 4 times negative net income.
CVLT had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of CVLT (-0.09%) is better than 69.71% of its industry peers.
CVLT has a better Return On Equity (-0.44%) than 71.17% of its industry peers.
The Return On Invested Capital of CVLT (16.07%) is better than 93.80% of its industry peers.
CVLT had an Average Return On Invested Capital over the past 3 years of 8.54%. This is in line with the industry average of 10.21%.
The last Return On Invested Capital (16.07%) for CVLT is above the 3 year average (8.54%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.09% | ||
| ROE | -0.44% | ||
| ROIC | 16.07% |
ROA(3y)-1.3%
ROA(5y)-0.82%
ROE(3y)-4.66%
ROE(5y)-2.88%
ROIC(3y)8.54%
ROIC(5y)5.93%
1.3 Margins
The Operating Margin of CVLT (9.40%) is better than 81.39% of its industry peers.
In the last couple of years the Operating Margin of CVLT has grown nicely.
With an excellent Gross Margin value of 82.02%, CVLT belongs to the best of the industry, outperforming 89.42% of the companies in the same industry.
CVLT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.4% | ||
| PM (TTM) | N/A | ||
| GM | 82.02% |
OM growth 3Y120.98%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.08%
GM growth 5Y-0.76%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CVLT is still 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
CVLT has an Altman-Z score of 3.82. This indicates that CVLT is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CVLT (3.82) is better than 62.41% 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 | 3.82 |
ROIC/WACC1.61
WACC9.95%
2.3 Liquidity
CVLT has a Current Ratio of 1.31. This is a normal value and indicates that CVLT is financially healthy and should not expect problems in meeting its short term obligations.
CVLT's Current ratio of 1.31 is on the low side compared to the rest of the industry. CVLT is outperformed by 61.68% of its industry peers.
CVLT has a Quick Ratio of 1.31. This is a normal value and indicates that CVLT is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.31, CVLT perfoms like the industry average, outperforming 40.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.31 |
3. Growth
3.1 Past
CVLT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.57%, which is quite good.
CVLT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.97% yearly.
The Revenue has been growing slightly by 4.12% in the past year.
The Revenue has been growing slightly by 2.33% on average over the past years.
EPS 1Y (TTM)13.57%
EPS 3Y20.59%
EPS 5Y19.97%
EPS growth Q2Q25.81%
Revenue 1Y (TTM)4.12%
Revenue growth 3Y5.36%
Revenue growth 5Y2.33%
Revenue growth Q2Q11.13%
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 14.12% yearly.
Based on estimates for the next years, CVLT will show a quite strong growth in Revenue. The Revenue will grow by 8.38% on average per year.
EPS Next Y17.02%
EPS Next 2Y13.02%
EPS Next 3Y14.12%
EPS Next 5YN/A
Revenue Next Year6.48%
Revenue Next 2Y6.55%
Revenue Next 3Y7.22%
Revenue Next 5Y8.38%
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
With a Price/Earnings ratio of 34.97, CVLT can be considered very expensive at the moment.
Based on the Price/Earnings ratio, CVLT is valued a bit cheaper than the industry average as 71.53% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 24.67, CVLT is valued a bit more expensive.
CVLT is valuated quite expensively with a Price/Forward Earnings ratio of 31.34.
Based on the Price/Forward Earnings ratio, CVLT is valued a bit cheaper than 68.98% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CVLT to the average of the S&P500 Index (21.02), we can say CVLT is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.97 | ||
| Fwd PE | 31.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CVLT indicates a somewhat cheap valuation: CVLT is cheaper than 68.61% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CVLT is valued cheaper than 82.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.87 | ||
| EV/EBITDA | 50.24 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
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 14.12% in the coming years.
PEG (NY)2.05
PEG (5Y)1.75
EPS Next 2Y13.02%
EPS Next 3Y14.12%
5. Dividend
5.1 Amount
No dividends for CVLT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
COMMVAULT SYSTEMS INC
NASDAQ:CVLT (4/30/2024, 7:00:00 PM)
After market: 102.47 0 (0%)102.47
+3.04 (+3.06%)
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 Cap4.47B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
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Div Incr Years
Div Non Decr Years
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Surprises & Revisions
EPS beat(2)
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PT rev (1m)
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EPS NQ rev (1m)
EPS NQ rev (3m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.97 | ||
| Fwd PE | 31.34 | ||
| 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)2.05
PEG (5Y)1.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.09% | ||
| ROE | -0.44% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.4% | ||
| PM (TTM) | N/A | ||
| GM | 82.02% | ||
| 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 Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.31 | ||
| 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)13.57%
EPS 3Y20.59%
EPS 5Y
EPS growth Q2Q
EPS Next Y17.02%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)4.12%
Revenue growth 3Y5.36%
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