Varonis Systems, Inc. (VRNS)

NASDAQ: VRNS · IEX Real-Time Price · USD
47.17
-0.14 (-0.30%)
Mar 28, 2024, 4:00 PM EDT - Market closed

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

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 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 4.83 and a Piotroski F-Score of 6.

Altman Z-Score 4.83
Piotroski F-Score 6