Varonis Systems, Inc. (VRNS)
Total Valuation
VRNS has a market cap or net worth of $5.16 billion. The enterprise value is $4.93 billion.
Market Cap | 5.16B |
Enterprise Value | 4.93B |
Important Dates
The next estimated earnings date is Monday, April 29, 2024, after market close.
Earnings Date | Apr 29, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
VRNS has 109.10 million shares outstanding. The number of shares has decreased by -0.13% in one year.
Shares Outstanding | 109.10M |
Shares Change (YoY) | -0.13% |
Shares Change (QoQ) | -0.39% |
Owned by Insiders (%) | 2.83% |
Owned by Institutions (%) | 100.56% |
Float | 106.81M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 363.19 |
PS Ratio | 10.34 |
Forward PS | 9.34 |
PB Ratio | 10.54 |
P/FCF Ratio | 95.03 |
PEG Ratio | 4.64 |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 9.88 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | 90.76 |
Financial Position
The company has a current ratio of 2.50, with a Debt / Equity ratio of 0.62.
Current Ratio | 2.50 |
Quick Ratio | 2.29 |
Debt / Equity | 0.62 |
Debt / EBITDA | n/a |
Debt / FCF | 5.56 |
Interest Coverage | 3.87 |
Financial Efficiency
Return on equity (ROE) is -21.40% and return on invested capital (ROIC) is -14.81%.
Return on Equity (ROE) | -21.40% |
Return on Assets (ROA) | -9.70% |
Return on Capital (ROIC) | -14.81% |
Revenue Per Employee | $223,538 |
Profits Per Employee | -$45,193 |
Employee Count | 2,233 |
Asset Turnover | 0.48 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, VRNS has paid $14.00 million in taxes.
Income Tax | 14.00M |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +87.56% in the last 52 weeks. The beta is 0.86, so VRNS's price volatility has been lower than the market average.
Beta (1Y) | 0.86 |
52-Week Price Change | +87.56% |
50-Day Moving Average | 48.27 |
200-Day Moving Average | 37.37 |
Relative Strength Index (RSI) | 41.06 |
Average Volume (30 Days) | 1,263,829 |
Short Selling Information
The latest short interest is 6.58 million, so 6.03% of the outstanding shares have been sold short.
Short Interest | 6.58M |
Short Previous Month | 6.30M |
Short % of Shares Out | 6.03% |
Short % of Float | 6.16% |
Short Ratio (days to cover) | 6.05 |
Income Statement
In the last 12 months, VRNS had revenue of $499.16 million and -$100.92 million in losses. Loss per share was -$0.92.
Revenue | 499.16M |
Gross Profit | 427.41M |
Operating Income | -117.22M |
Pretax Income | -86.92M |
Net Income | -100.92M |
EBITDA | -96.05M |
EBIT | -117.22M |
Loss Per Share | -$0.92 |
Balance Sheet
The company has $533.72 million in cash and $301.79 million in debt, giving a net cash position of $231.93 million or $2.13 per share.
Cash & Cash Equivalents | 533.72M |
Total Debt | 301.79M |
Net Cash | 231.93M |
Net Cash Per Share | $2.13 |
Equity / Book Value | 489.65M |
Book Value Per Share | 4.49 |
Working Capital | 460.38M |
Cash Flow
In the last 12 months, operating cash flow was $59.42 million and capital expenditures -$5.10 million, giving a free cash flow of $54.32 million.
Operating Cash Flow | 59.42M |
Capital Expenditures | -5.10M |
Free Cash Flow | 54.32M |
FCF Per Share | $0.50 |
Margins
Gross margin is 85.63%, with operating and profit margins of -23.48% and -20.22%.
Gross Margin | 85.63% |
Operating Margin | -23.48% |
Pretax Margin | -17.41% |
Profit Margin | -20.22% |
EBITDA Margin | -19.24% |
EBIT Margin | -23.48% |
FCF Margin | 10.88% |
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 | 0.13% |
Shareholder Yield | 0.13% |
Earnings Yield | -1.96% |
FCF Yield | 1.05% |
Analyst Forecast
The average price target for VRNS is $48.40, which is 2.61% higher than the current price. The consensus rating is "Buy".
Price Target | $48.40 |
Price Target Difference | 2.61% |
Analyst Consensus | Buy |
Analyst Count | 15 |
Revenue Growth Forecast (5Y) | 12.71% |
EPS Growth Forecast (5Y) | n/a |
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 4.83 and a Piotroski F-Score of 6.
Altman Z-Score | 4.83 |
Piotroski F-Score | 6 |