Varonis Systems Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	16,038	21,300	30,906	23,938	13,950	29,169
Market Cap Growth	-46.05%	-31.08%	29.11%	71.61%	-52.18%	8.21%
Enterprise Value	12,989	18,089	28,087	21,898	11,448	26,321
Last Close Price	29.46	29.63	45.15	36.96	21.12	-
PS Ratio	4.67	6.20	9.07	9.88	5.57	13.42
PB Ratio	4.86	6.46	10.97	10.07	5.26	8.78
P/TBV Ratio	6.52	8.66	11.55	10.60	5.54	9.20
P/FCF Ratio	21.60	28.69	46.05	90.83	5555.09	-
P/OCF Ratio	19.75	26.23	43.38	83.03	222.28	729.35
EV/Sales Ratio	4.01	5.27	8.24	9.04	4.57	12.11
EV/FCF Ratio	17.49	24.36	41.85	83.09	4558.94	-
Debt / Equity Ratio	0.87	0.87	1.66	0.64	0.63	0.51
Debt / FCF Ratio	3.87	3.87	6.95	5.74	666.24	-
Asset Turnover	0.36	0.36	0.40	0.47	0.44	0.47
Quick Ratio	1.84	1.84	1.14	2.35	3.83	4.38
Current Ratio	1.97	1.97	1.24	2.50	3.96	4.53
Return on Equity (ROE)	-24.53%	-24.53%	-20.26%	-20.35%	-22.67%	-33.84%
Return on Assets (ROA)	-5.30%	-5.30%	-5.31%	-6.82%	-7.04%	-7.41%
Return on Capital Employed (ROCE)	-12.90%	-12.90%	-12.30%	-14.70%	-14.90%	-11.00%
Earnings Yield	-4.44%	-3.34%	-1.92%	-2.05%	-4.72%	-2.23%
FCF Yield	4.63%	3.49%	2.17%	1.10%	0.02%	-0.06%
Buyback Yield / Dilution	-2.46%	-2.46%	-2.31%	0.13%	-3.77%	-11.63%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.