Varonis Systems, Inc. (VRNS)
NASDAQ: VRNS · IEX Real-Time Price · USD
42.82
+0.98 (2.34%)
At close: Jun 14, 2024, 4:00 PM
43.25
+0.43 (1.00%)
After-hours: Jun 14, 2024, 7:59 PM EDT

Varonis Systems Statistics

Total Valuation

VRNS has a market cap or net worth of $4.77 billion. The enterprise value is $4.53 billion.

Market Cap 4.77B
Enterprise Value 4.53B

Important Dates

The next estimated earnings date is Monday, July 29, 2024, after market close.

Earnings Date Jul 29, 2024
Ex-Dividend Date n/a

Share Statistics

VRNS has 111.50 million shares outstanding. The number of shares has increased by 1.48% in one year.

Shares Outstanding 111.50M
Shares Change (YoY) +1.48%
Shares Change (QoQ) +0.90%
Owned by Insiders (%) 2.36%
Owned by Institutions (%) 99.94%
Float 108.99M

Valuation Ratios

PE Ratio n/a
Forward PE 368.73
PS Ratio 9.44
Forward PS 8.45
PB Ratio 10.56
P/FCF Ratio 63.64
PEG Ratio 4.64
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 8.95
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 60.32

Financial Position

The company has a current ratio of 2.38, with a Debt / Equity ratio of 0.66.

Current Ratio 2.38
Quick Ratio 2.18
Debt / Equity 0.66
Debt / EBITDA n/a
Debt / FCF 3.98
Interest Coverage 3.92

Financial Efficiency

Return on equity (ROE) is -22.20% and return on invested capital (ROIC) is -16.21%.

Return on Equity (ROE) -22.20%
Return on Assets (ROA) -9.80%
Return on Capital (ROIC) -16.21%
Revenue Per Employee $226,532
Profits Per Employee -$46,172
Employee Count 2,233
Asset Turnover 0.48
Inventory Turnover n/a

Taxes

In the past 12 months, VRNS has paid $12.44 million in taxes.

Income Tax 12.44M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +62.57% in the last 52 weeks. The beta is 0.79, so VRNS's price volatility has been lower than the market average.

Beta (1Y) 0.79
52-Week Price Change +62.57%
50-Day Moving Average 44.12
200-Day Moving Average 41.75
Relative Strength Index (RSI) 46.38
Average Volume (30 Days) 1,083,371

Short Selling Information

The latest short interest is 8.31 million, so 7.45% of the outstanding shares have been sold short.

Short Interest 8.31M
Short Previous Month 7.52M
Short % of Shares Out 7.45%
Short % of Float 7.62%
Short Ratio (days to cover) 7.28

Income Statement

In the last 12 months, VRNS had revenue of $505.85 million and -$103.10 million in losses. Loss per share was -$0.93.

Revenue 505.85M
Gross Profit 430.38M
Operating Income -121.74M
Pretax Income -90.66M
Net Income -103.10M
EBITDA -100.52M
EBIT -121.74M
Loss Per Share -$0.93
Full Income Statement

Balance Sheet

The company has $548.07 million in cash and $298.87 million in debt, giving a net cash position of $249.21 million or $2.23 per share.

Cash & Cash Equivalents 548.07M
Total Debt 298.87M
Net Cash 249.21M
Net Cash Per Share $2.23
Equity / Book Value 452.35M
Book Value Per Share 4.06
Working Capital 410.57M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $79.31 million and capital expenditures -$4.29 million, giving a free cash flow of $75.02 million.

Operating Cash Flow 79.31M
Capital Expenditures -4.29M
Free Cash Flow 75.02M
FCF Per Share $0.68
Full Cash Flow Statement

Margins

Gross margin is 85.08%, with operating and profit margins of -24.07% and -20.38%.

Gross Margin 85.08%
Operating Margin -24.07%
Pretax Margin -17.92%
Profit Margin -20.38%
EBITDA Margin -19.87%
EBIT Margin -24.07%
FCF Margin 14.83%

Dividends & Yields

VRNS 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 -1.48%
Shareholder Yield -1.48%
Earnings Yield -2.16%
FCF Yield 1.57%
Dividend Details

Analyst Forecast

The average price target for VRNS is $48.93, which is 14.27% higher than the current price. The consensus rating is "Buy".

Price Target $48.93
Price Target Difference 14.27%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (5Y) 12.95%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on March 15, 2021. It was a forward split with a ratio of 3:1.

Last Split Date Mar 15, 2021
Split Type Forward
Split Ratio 3:1

Scores

VRNS has an Altman Z-Score of 4.42 and a Piotroski F-Score of 4.

Altman Z-Score 4.42
Piotroski F-Score 4