Varonis Systems, Inc. (FRA:VS2)

Varonis Systems Statistics

Total Valuation

Varonis Systems has a market cap or net worth of EUR 3.36 billion. The enterprise value is 2.86 billion.

Market Cap	3.36B
Enterprise Value	2.86B

Important Dates

The next estimated earnings date is Tuesday, February 3, 2026.

Earnings Date	Feb 3, 2026
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	117.90M
Shares Outstanding	n/a
Shares Change (YoY)	+2.05%
Shares Change (QoQ)	+2.61%
Owned by Insiders (%)	2.19%
Owned by Institutions (%)	101.45%
Float	115.32M

Valuation Ratios

PE Ratio	n/a
Forward PE	114.87
PS Ratio	6.48
PB Ratio	6.52
P/TBV Ratio	8.72
P/FCF Ratio	29.44
P/OCF Ratio	26.83
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-29.29
EV / Sales	5.45
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	25.04

Financial Position

The company has a current ratio of 1.81, with a Debt / Equity ratio of 0.86.

Current Ratio	1.81
Quick Ratio	1.60
Debt / Equity	0.86
Debt / EBITDA	n/a
Debt / FCF	3.89
Interest Coverage	-11.94

Financial Efficiency

Return on equity (ROE) is -22.17% and return on invested capital (ROIC) is -6.92%.

Return on Equity (ROE)	-22.17%
Return on Assets (ROA)	-5.01%
Return on Invested Capital (ROIC)	-6.92%
Return on Capital Employed (ROCE)	-11.28%
Revenue Per Employee	215,617
Profits Per Employee	-40,576
Employee Count	2,406
Asset Turnover	0.38
Inventory Turnover	n/a

Taxes

In the past 12 months, Varonis Systems has paid 11.14 million in taxes.

Income Tax	11.14M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -41.20% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-41.20%
50-Day Moving Average	40.99
200-Day Moving Average	42.13
Relative Strength Index (RSI)	27.05
Average Volume (20 Days)	26

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	3.05

Income Statement

In the last 12 months, Varonis Systems had revenue of EUR 518.78 million and -97.62 million in losses. Loss per share was -0.86.

Revenue	518.78M
Gross Profit	415.25M
Operating Income	-108.94M
Pretax Income	-86.49M
Net Income	-97.62M
EBITDA	-99.95M
EBIT	-108.94M
Loss Per Share	-0.86

Balance Sheet

The company has 603.36 million in cash and 443.76 million in debt, giving a net cash position of 496.81 million.

Cash & Cash Equivalents	603.36M
Total Debt	443.76M
Net Cash	496.81M
Net Cash Per Share	n/a
Equity (Book Value)	515.50M
Book Value Per Share	4.37
Working Capital	366.04M

Cash Flow

In the last 12 months, operating cash flow was 125.31 million and capital expenditures -11.11 million, giving a free cash flow of 114.19 million.

Operating Cash Flow	125.31M
Capital Expenditures	-11.11M
Free Cash Flow	114.19M
FCF Per Share	n/a

Margins

Gross margin is 80.04%, with operating and profit margins of -21.00% and -18.82%.

Gross Margin	80.04%
Operating Margin	-21.00%
Pretax Margin	-16.67%
Profit Margin	-18.82%
EBITDA Margin	-19.27%
EBIT Margin	-21.00%
FCF Margin	22.01%

Dividends & Yields

Varonis Systems does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-2.05%
Shareholder Yield	-2.05%
Earnings Yield	-2.90%
FCF Yield	3.40%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

The last stock split was on March 15, 2021. It was a forward split with a ratio of 3.

Last Split Date	Mar 15, 2021
Split Type	Forward
Split Ratio	3

Scores

Varonis Systems has an Altman Z-Score of 2.83 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.83
Piotroski F-Score	2