Varonis Systems Inc. (VRNS)
Varonis Systems Statistics
Share Statistics
Varonis Systems has 111.92M shares outstanding. The number of shares has increased by 0.94% in one year.
| Shares Outstanding | 111.92M |
| Shares Change (YoY) | 0.94% |
| Shares Change (QoQ) | 0.07% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 106.74M |
| Failed to Deliver (FTD) Shares | 651 |
| FTD / Avg. Volume | 0.04% |
Short Selling Information
The latest short interest is 11.06M, so 9.88% of the outstanding shares have been sold short.
| Short Interest | 11.06M |
| Short % of Shares Out | 9.88% |
| Short % of Float | 11.25% |
| Short Ratio (days to cover) | 6.22 |
Valuation Ratios
The PE ratio is 143.2 and the forward PE ratio is 122.53. Varonis Systems's PEG ratio is -21.96.
| PE Ratio | 143.2 |
| Forward PE | 122.53 |
| PS Ratio | 9 |
| Forward PS | 5.7 |
| PB Ratio | 10.89 |
| P/FCF Ratio | 45.72 |
| PEG Ratio | -21.96 |
Enterprise Valuation
Varonis Systems has an Enterprise Value (EV) of 5.52B.
| EV / Sales | 10.02 |
| EV / EBITDA | -84.69 |
| EV / EBIT | 47.91 |
| EV / FCF | 50.86 |
Financial Position
The company has a current ratio of 1.24, with a Debt / Equity ratio of 1.63.
| Current Ratio | 1.24 |
| Quick Ratio | 1.24 |
| Debt / Equity | 1.63 |
| Debt / EBITDA | -11.41 |
| Debt / FCF | 6.85 |
| Interest Coverage | -17.52 |
Financial Efficiency
Return on Equity is 7.6% and Return on Invested Capital is 5.14%.
| Return on Equity | 7.6% |
| Return on Assets | 2.08% |
| Return on Invested Capital | 5.14% |
| Revenue Per Employee | $228.99K |
| Profits Per Employee | $14.4K |
| Employee Count | 2,406 |
| Asset Turnover | 0.33 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -117.65M |
| Effective Tax Rate | 141.74% |
Stock Price Statistics
The stock price has increased by -3.24% in the last 52 weeks. The beta is 0.76, so Varonis Systems's price volatility has been higher than the market average.
| Beta | 0.76 |
| 52-Week Price Change | -3.24% |
| 50-Day Moving Average | 41.28 |
| 200-Day Moving Average | 48.48 |
| Relative Strength Index (RSI) | 58.67 |
| Average Volume (20 Days) | 1.68M |
Income Statement
In the last 12 months, Varonis Systems had revenue of 550.95M and earned 34.64M in profits. Earnings per share was -0.86.
| Revenue | 550.95M |
| Gross Profit | 457.1M |
| Operating Income | -117.65M |
| Net Income | 34.64M |
| EBITDA | -65.17M |
| EBIT | -76.29M |
| Earnings Per Share (EPS) | -0.86 |
Balance Sheet
The company has 185.59M in cash and 743.56M in debt, giving a net cash position of -557.98M.
| Cash & Cash Equivalents | 185.59M |
| Total Debt | 743.56M |
| Net Cash | -557.98M |
| Retained Earnings | -740.15M |
| Total Assets | 1.66B |
| Working Capital | 168.19M |
Cash Flow
In the last 12 months, operating cash flow was 115.2M and capital expenditures -6.69M, giving a free cash flow of 108.51M.
| Operating Cash Flow | 115.2M |
| Capital Expenditures | -6.69M |
| Free Cash Flow | 108.51M |
| FCF Per Share | 0.97 |
Margins
Gross margin is 82.97%, with operating and profit margins of -21.35% and 6.29%.
| Gross Margin | 82.97% |
| Operating Margin | -21.35% |
| Pretax Margin | -15.07% |
| Profit Margin | 6.29% |
| EBITDA Margin | -11.83% |
| EBIT Margin | -21.35% |
| FCF Margin | 19.69% |
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 |
| Payout Ratio | n/a |
| Earnings Yield | 0.7% |
| FCF Yield | 2.19% |
Analyst Forecast
The average price target for VRNS is $60, which is 40.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $60 |
| Price Target Difference | 40.3% |
| Analyst Consensus | Buy |
| Analyst Count | 17 |
Stock Splits
The last stock split was on Mar 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
| Altman Z-Score | 2.01 |
| Piotroski F-Score | 2 |