33.1 USD
-0.24 (-0.72%)
33.1 USD
0 (0%)
Taking everything into account, VRNS scores 4 out of 10 in our fundamental rating. VRNS was compared to 276 industry peers in the Software industry. While VRNS seems to be doing ok healthwise, there are quite some concerns on its profitability. VRNS shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
VRNS had positive earnings in the past year.
VRNS had a positive operating cash flow in the past year.
VRNS had negative earnings in each of the past 5 years.
Of the past 5 years VRNS 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -6.88%, VRNS perfoms like the industry average, outperforming 40.58% of the companies in the same industry.
Looking at the Return On Equity, with a value of -18.94%, VRNS is in line with its industry, outperforming 40.58% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.88% | ||
| ROE | -18.94% | ||
| ROIC | N/A |
ROA(3y)-8.94%
ROA(5y)-10.86%
ROE(3y)-22.14%
ROE(5y)-37.18%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 80.04%, VRNS belongs to the top of the industry, outperforming 81.88% of the companies in the same industry.
VRNS's Gross Margin has been stable in the last couple of years.
VRNS 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 | 80.04% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.72%
GM growth 5Y-0.75%
2. Health
2.1 Basic Checks
VRNS does not have a ROIC to compare to the WACC, probably because it is not profitable.
VRNS has more shares outstanding than it did 1 year ago.
VRNS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, VRNS has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.93 indicates that VRNS is not a great score, but indicates only limited risk for bankruptcy at the moment.
VRNS has a Altman-Z score (1.93) which is in line with its industry peers.
VRNS has a debt to FCF ratio of 3.44. This is a good value and a sign of high solvency as VRNS would need 3.44 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.44, VRNS is in the better half of the industry, outperforming 62.68% of the companies in the same industry.
VRNS has a Debt/Equity ratio of 0.75. This is a neutral value indicating VRNS is somewhat dependend on debt financing.
VRNS has a Debt to Equity ratio of 0.75. This is in the lower half of the industry: VRNS underperforms 71.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 3.44 | ||
| Altman-Z | 1.93 |
ROIC/WACCN/A
WACC10.44%
2.3 Liquidity
A Current Ratio of 1.81 indicates that VRNS should not have too much problems paying its short term obligations.
VRNS has a Current ratio of 1.81. This is comparable to the rest of the industry: VRNS outperforms 53.62% of its industry peers.
VRNS has a Quick Ratio of 1.81. This is a normal value and indicates that VRNS is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of VRNS (1.81) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.81 |
3. Growth
3.1 Past
The earnings per share for VRNS have decreased strongly by -28.21% in the last year.
Measured over the past years, VRNS shows a very strong growth in Earnings Per Share. The EPS has been growing by 35.72% on average per year.
The Revenue has grown by 11.37% in the past year. This is quite good.
Measured over the past years, VRNS shows a quite strong growth in Revenue. The Revenue has been growing by 16.73% on average per year.
EPS 1Y (TTM)-28.21%
EPS 3Y35.72%
EPS 5YN/A
EPS Q2Q%-40%
Revenue 1Y (TTM)11.37%
Revenue growth 3Y12.2%
Revenue growth 5Y16.73%
Sales Q2Q%9.12%
3.2 Future
Based on estimates for the next years, VRNS will show a very strong growth in Earnings Per Share. The EPS will grow by 45.53% on average per year.
VRNS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.95% yearly.
EPS Next Y-55.44%
EPS Next 2Y6.8%
EPS Next 3Y23.5%
EPS Next 5Y45.53%
Revenue Next Year10.85%
Revenue Next 2Y13.3%
Revenue Next 3Y15.08%
Revenue Next 5Y14.95%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 118.21, VRNS can be considered very expensive at the moment.
VRNS's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.77. VRNS is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 96.72 indicates a quite expensive valuation of VRNS.
VRNS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. VRNS is more expensive than 60.14% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of VRNS to the average of the S&P500 Index (23.35), we can say VRNS is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 118.21 | ||
| Fwd PE | 96.72 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, VRNS is valued a bit cheaper than the industry average as 69.93% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.68 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
VRNS's earnings are expected to grow with 23.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y6.8%
EPS Next 3Y23.5%
5. Dividend
5.1 Amount
No dividends for VRNS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
33.1
-0.24 (-0.72%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners101.26%
Inst Owner Change-19.73%
Ins Owners2.31%
Ins Owner Change-1.29%
Market Cap3.90B
Revenue(TTM)608.68M
Net Income(TTM)-114.54M
Analysts80.74
Price Target52.85 (59.67%)
Short Float %4.85%
Short Ratio2.01
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)120.46%
Min EPS beat(2)0.9%
Max EPS beat(2)240.02%
EPS beat(4)4
Avg EPS beat(4)97.39%
Min EPS beat(4)0.9%
Max EPS beat(4)240.02%
EPS beat(8)8
Avg EPS beat(8)105.66%
EPS beat(12)11
Avg EPS beat(12)94.73%
EPS beat(16)14
Avg EPS beat(16)78.5%
Revenue beat(2)1
Avg Revenue beat(2)-1.93%
Min Revenue beat(2)-4.66%
Max Revenue beat(2)0.8%
Revenue beat(4)2
Avg Revenue beat(4)-2.37%
Min Revenue beat(4)-6.13%
Max Revenue beat(4)0.8%
Revenue beat(8)4
Avg Revenue beat(8)-0.84%
Revenue beat(12)4
Avg Revenue beat(12)-1.52%
Revenue beat(16)5
Avg Revenue beat(16)-1.42%
PT rev (1m)-0.96%
PT rev (3m)-14.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-38.68%
EPS NY rev (1m)-1.8%
EPS NY rev (3m)-14.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.72%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)-1.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 118.21 | ||
| Fwd PE | 96.72 | ||
| P/S | 6.41 | ||
| P/FCF | 29.68 | ||
| P/OCF | 26.54 | ||
| P/B | 6.45 | ||
| P/tB | 8.63 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.28
EY0.85%
EPS(NY)0.34
Fwd EY1.03%
FCF(TTM)1.12
FCFY3.37%
OCF(TTM)1.25
OCFY3.77%
SpS5.16
BVpS5.13
TBVpS3.84
PEG (NY)N/A
PEG (5Y)N/A
Graham Number5.69
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -6.88% | ||
| ROE | -18.94% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 80.04% | ||
| FCFM | 21.6% |
ROA(3y)-8.94%
ROA(5y)-10.86%
ROE(3y)-22.14%
ROE(5y)-37.18%
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
ROICexgc growth 3YN/A
ROICexgc 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-0.72%
GM growth 5Y-0.75%
F-Score5
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 3.44 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 147.42% | ||
| Cap/Sales | 2.55% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.81 | ||
| Quick Ratio | 1.81 | ||
| Altman-Z | 1.93 |
F-Score5
WACC10.44%
ROIC/WACCN/A
Cap/Depr(3y)65.78%
Cap/Depr(5y)79.18%
Cap/Sales(3y)1.55%
Cap/Sales(5y)2.16%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-28.21%
EPS 3Y35.72%
EPS 5YN/A
EPS Q2Q%-40%
EPS Next Y-55.44%
EPS Next 2Y6.8%
EPS Next 3Y23.5%
EPS Next 5Y45.53%
Revenue 1Y (TTM)11.37%
Revenue growth 3Y12.2%
Revenue growth 5Y16.73%
Sales Q2Q%9.12%
Revenue Next Year10.85%
Revenue Next 2Y13.3%
Revenue Next 3Y15.08%
Revenue Next 5Y14.95%
EBIT growth 1Y-27.02%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-90.17%
EBIT Next 3Y49.6%
EBIT Next 5Y50.6%
FCF growth 1Y187.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y180.57%
OCF growth 3Y152.22%
OCF growth 5YN/A
VARONIS SYSTEMS INC / VRNS FAQ
Can you provide the ChartMill fundamental rating for VARONIS SYSTEMS INC?
ChartMill assigns a fundamental rating of 4 / 10 to VRNS.
What is the valuation status of VARONIS SYSTEMS INC (VRNS) stock?
ChartMill assigns a valuation rating of 2 / 10 to VARONIS SYSTEMS INC (VRNS). This can be considered as Overvalued.
How profitable is VARONIS SYSTEMS INC (VRNS) stock?
VARONIS SYSTEMS INC (VRNS) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for VRNS stock?
The Price/Earnings (PE) ratio for VARONIS SYSTEMS INC (VRNS) is 118.21 and the Price/Book (PB) ratio is 6.45.
What is the expected EPS growth for VARONIS SYSTEMS INC (VRNS) stock?
The Earnings per Share (EPS) of VARONIS SYSTEMS INC (VRNS) is expected to decline by -55.44% in the next year.