Varonis Systems, Inc. (LON:0VOU)

Varonis Systems Statistics

Total Valuation

Varonis Systems has a market cap or net worth of GBP 2.26 billion. The enterprise value is 1.83 billion.

Market Cap	2.26B
Enterprise Value	1.83B

Important Dates

The last earnings date was Tuesday, February 3, 2026.

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

Share Statistics

Current Share Class	117.45M
Shares Outstanding	n/a
Shares Change (YoY)	+2.47%
Shares Change (QoQ)	+2.51%
Owned by Insiders (%)	2.34%
Owned by Institutions (%)	99.12%
Float	114.69M

Valuation Ratios

PE Ratio	n/a
Forward PE	264.90
PS Ratio	4.88
PB Ratio	5.09
P/TBV Ratio	6.82
P/FCF Ratio	22.59
P/OCF Ratio	20.66
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-19.08
EV / Sales	4.01
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	18.30

Financial Position

The company has a current ratio of 1.97, with a Debt / Equity ratio of 0.87.

Current Ratio	1.97
Quick Ratio	1.84
Debt / Equity	0.87
Debt / EBITDA	n/a
Debt / FCF	3.87
Interest Coverage	-12.40

Financial Efficiency

Return on equity (ROE) is -24.53% and return on invested capital (ROIC) is -7.86%.

Return on Equity (ROE)	-24.53%
Return on Assets (ROA)	-5.30%
Return on Invested Capital (ROIC)	-7.86%
Return on Capital Employed (ROCE)	-12.94%
Weighted Average Cost of Capital (WACC)	6.53%
Revenue Per Employee	174,298
Profits Per Employee	-36,150
Employee Count	2,658
Asset Turnover	0.36
Inventory Turnover	n/a

Taxes

In the past 12 months, Varonis Systems has paid 9.66 million in taxes.

Income Tax	9.66M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -38.26% in the last 52 weeks. The beta is 0.56, so Varonis Systems's price volatility has been lower than the market average.

Beta (5Y)	0.56
52-Week Price Change	-38.26%
50-Day Moving Average	31.82
200-Day Moving Average	45.99
Relative Strength Index (RSI)	40.56
Average Volume (20 Days)	1,592

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)	2.42

Income Statement

In the last 12 months, Varonis Systems had revenue of GBP 463.28 million and -96.09 million in losses. Loss per share was -0.84.

Revenue	463.28M
Gross Profit	365.23M
Operating Income	-108.86M
Pretax Income	-86.43M
Net Income	-96.09M
EBITDA	-99.71M
EBIT	-108.86M
Loss Per Share	-0.84

Balance Sheet

The company has 684.28 million in cash and 387.66 million in debt, with a net cash position of 435.71 million.

Cash & Cash Equivalents	684.28M
Total Debt	387.66M
Net Cash	435.71M
Net Cash Per Share	n/a
Equity (Book Value)	444.80M
Book Value Per Share	3.78
Working Capital	475.22M

Cash Flow

In the last 12 months, operating cash flow was 109.54 million and capital expenditures -9.38 million, giving a free cash flow of 100.16 million.

Operating Cash Flow	109.54M
Capital Expenditures	-9.38M
Free Cash Flow	100.16M
FCF Per Share	n/a

Margins

Gross margin is 78.83%, with operating and profit margins of -23.50% and -20.74%.

Gross Margin	78.83%
Operating Margin	-23.50%
Pretax Margin	-18.66%
Profit Margin	-20.74%
EBITDA Margin	-21.52%
EBIT Margin	-23.50%
FCF Margin	21.62%

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	-2.47%
Shareholder Yield	-2.47%
Earnings Yield	-4.25%
FCF Yield	4.43%

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 2.47 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.47
Piotroski F-Score	3