CYBERARK SOFTWARE LTD/ISRAEL (CYBR) Stock Fundamental Analysis
NASDAQ:CYBR - IL0011334468 - Common Stock
446.28 USD
+8.24 (+1.88%)
446.28 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CYBR. CYBR was compared to 282 industry peers in the Software industry. While CYBR seems to be doing ok healthwise, there are quite some concerns on its profitability. CYBR shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year CYBR was profitable.
In the past year CYBR had a positive cash flow from operations.
In the past 5 years CYBR always reported negative net income.
CYBR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CYBR's Return On Assets of -3.65% is in line compared to the rest of the industry. CYBR outperforms 48.94% of its industry peers.
CYBR has a Return On Equity (-7.13%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.65% | ||
| ROE | -7.13% | ||
| ROIC | N/A |
ROA(3y)-4.42%
ROA(5y)-3.71%
ROE(3y)-10.52%
ROE(5y)-8.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Gross Margin value of 76.86%, CYBR is doing good in the industry, outperforming 72.69% of the companies in the same industry.
CYBR's Gross Margin has declined in the last couple of years.
CYBR does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 76.86% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.94%
GM growth 5Y-1.54%
2. Health
2.1 Basic Checks
CYBR does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CYBR has more shares outstanding
CYBR has more shares outstanding than it did 5 years ago.
There is no outstanding debt for CYBR. 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 6.40 indicates that CYBR is not in any danger for bankruptcy at the moment.
The Altman-Z score of CYBR (6.40) is better than 76.24% of its industry peers.
CYBR has a debt to FCF ratio of 5.88. This is a neutral value as CYBR would need 5.88 years to pay back of all of its debts.
The Debt to FCF ratio of CYBR (5.88) is comparable to the rest of the industry.
CYBR has a Debt/Equity ratio of 0.53. This is a neutral value indicating CYBR is somewhat dependend on debt financing.
CYBR has a Debt to Equity ratio of 0.53. This is in the lower half of the industry: CYBR underperforms 66.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 5.88 | ||
| Altman-Z | 6.4 |
ROIC/WACCN/A
WACC9.38%
2.3 Liquidity
CYBR has a Current Ratio of 2.31. This indicates that CYBR is financially healthy and has no problem in meeting its short term obligations.
CYBR has a better Current ratio (2.31) than 67.02% of its industry peers.
CYBR has a Quick Ratio of 2.31. This indicates that CYBR is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of CYBR (2.31) is better than 67.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.31 | ||
| Quick Ratio | 2.31 |
3. Growth
3.1 Past
CYBR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.86%, which is quite impressive.
CYBR shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.81% yearly.
The Revenue has grown by 39.46% in the past year. This is a very strong growth!
CYBR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.19% yearly.
EPS 1Y (TTM)42.86%
EPS 3Y111.56%
EPS 5Y1.81%
EPS Q2Q%62.96%
Revenue 1Y (TTM)39.46%
Revenue growth 3Y25.78%
Revenue growth 5Y18.19%
Sales Q2Q%45.98%
3.2 Future
CYBR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.07% yearly.
Based on estimates for the next years, CYBR will show a very strong growth in Revenue. The Revenue will grow by 22.12% on average per year.
EPS Next Y31.31%
EPS Next 2Y28.12%
EPS Next 3Y29.84%
EPS Next 5Y29.07%
Revenue Next Year34.82%
Revenue Next 2Y26.73%
Revenue Next 3Y24.37%
Revenue Next 5Y22.12%
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 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 123.97, which means the current valuation is very expensive for CYBR.
Compared to the rest of the industry, the Price/Earnings ratio of CYBR is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.14, CYBR is valued quite expensively.
Based on the Price/Forward Earnings ratio of 89.72, the valuation of CYBR can be described as expensive.
CYBR's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. CYBR is more expensive than 60.28% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.80, CYBR is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 123.97 | ||
| Fwd PE | 89.72 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CYBR.
CYBR's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 108.42 | ||
| EV/EBITDA | 53307.24 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as CYBR's earnings are expected to grow with 29.84% in the coming years.
PEG (NY)3.96
PEG (5Y)68.47
EPS Next 2Y28.12%
EPS Next 3Y29.84%
5. Dividend
5.1 Amount
CYBR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
446.28
+8.24 (+1.88%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners91.99%
Inst Owner Change3.97%
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap22.50B
Analysts75.35
Price Target470.1 (5.34%)
Short Float %3.63%
Short Ratio1.23
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)15.23%
Min EPS beat(2)8.25%
Max EPS beat(2)22.2%
EPS beat(4)4
Avg EPS beat(4)35.31%
Min EPS beat(4)8.25%
Max EPS beat(4)101.67%
EPS beat(8)8
Avg EPS beat(8)60.94%
EPS beat(12)12
Avg EPS beat(12)61.96%
EPS beat(16)16
Avg EPS beat(16)53.59%
Revenue beat(2)2
Avg Revenue beat(2)1.9%
Min Revenue beat(2)1.79%
Max Revenue beat(2)2.01%
Revenue beat(4)4
Avg Revenue beat(4)1.67%
Min Revenue beat(4)0.58%
Max Revenue beat(4)2.3%
Revenue beat(8)8
Avg Revenue beat(8)1.86%
Revenue beat(12)8
Avg Revenue beat(12)0.54%
Revenue beat(16)10
Avg Revenue beat(16)0.34%
PT rev (1m)3.15%
PT rev (3m)4.85%
EPS NQ rev (1m)1.52%
EPS NQ rev (3m)1.11%
EPS NY rev (1m)1.6%
EPS NY rev (3m)2.18%
Revenue NQ rev (1m)0.64%
Revenue NQ rev (3m)0.22%
Revenue NY rev (1m)0.74%
Revenue NY rev (3m)0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 123.97 | ||
| Fwd PE | 89.72 | ||
| P/S | 18.75 | ||
| P/FCF | 108.42 | ||
| P/OCF | 101.26 | ||
| P/B | 9.7 | ||
| P/tB | 64.58 | ||
| EV/EBITDA | 53307.24 |
EPS(TTM)3.6
EY0.81%
EPS(NY)4.97
Fwd EY1.11%
FCF(TTM)4.12
FCFY0.92%
OCF(TTM)4.41
OCFY0.99%
SpS23.81
BVpS46
TBVpS6.91
PEG (NY)3.96
PEG (5Y)68.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.65% | ||
| ROE | -7.13% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 76.86% | ||
| FCFM | 17.29% |
ROA(3y)-4.42%
ROA(5y)-3.71%
ROE(3y)-10.52%
ROE(5y)-8.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.94%
GM growth 5Y-1.54%
F-Score3
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 5.88 | ||
| Debt/EBITDA | 3078.88 | ||
| Cap/Depr | 14.93% | ||
| Cap/Sales | 1.22% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 56103% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.31 | ||
| Quick Ratio | 2.31 | ||
| Altman-Z | 6.4 |
F-Score3
WACC9.38%
ROIC/WACCN/A
Cap/Depr(3y)43.07%
Cap/Depr(5y)47.67%
Cap/Sales(3y)1.29%
Cap/Sales(5y)1.44%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)42.86%
EPS 3Y111.56%
EPS 5Y1.81%
EPS Q2Q%62.96%
EPS Next Y31.31%
EPS Next 2Y28.12%
EPS Next 3Y29.84%
EPS Next 5Y29.07%
Revenue 1Y (TTM)39.46%
Revenue growth 3Y25.78%
Revenue growth 5Y18.19%
Sales Q2Q%45.98%
Revenue Next Year34.82%
Revenue Next 2Y26.73%
Revenue Next 3Y24.37%
Revenue Next 5Y22.12%
EBIT growth 1Y-61.11%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year118.84%
EBIT Next 3Y49.7%
EBIT Next 5YN/A
FCF growth 1Y834.66%
FCF growth 3Y49.72%
FCF growth 5Y10.39%
OCF growth 1Y553.43%
OCF growth 3Y45.88%
OCF growth 5Y10.35%