Cvent Holding Corp.

NasdaqGM:CVT 株式レポート

時価総額:US$4.2b

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Cvent Holding マネジメント

マネジメント 基準チェック /24

Cvent Holdingの CEO はReggie Aggarwalで、 Sep1999年に任命され、 の在任期間は 23.75年です。 の年間総報酬は$ 15.31Mで、 3.2%給与と96.8%のボーナス(会社の株式とオプションを含む)で構成されています。 は、会社の株式の5.07%を直接所有しており、その価値は$ 212.31M 。経営陣と取締役会の平均在任期間はそれぞれ11.4年と1.5年です。

主要情報

Reggie Aggarwal

最高経営責任者

US$15.3m

報酬総額

CEO給与比率3.22%
CEO在任期間23.8yrs
CEOの所有権5.1%
経営陣の平均在職期間11.4yrs
取締役会の平均在任期間1.5yrs

経営陣の近況

Recent updates

分析記事 Dec 02

Cvent Holding Corp.'s (NASDAQ:CVT) Intrinsic Value Is Potentially 76% Above Its Share Price

Does the December share price for Cvent Holding Corp. ( NASDAQ:CVT ) reflect what it's really worth? Today, we will...
Seeking Alpha Sep 01

Cvent Grows Revenue As In-Person Events Return

Summary Cvent Holding recently announced its Q2 2022 financial results. The company provides a range of event management software and services to organizations worldwide. CVT produced record quarterly revenue but operating losses remain high and it is continuing to add to headcount as an economic slowdown looms. I'm on Hold for CVT until we see a meaningful move toward operating breakeven. A Quick Take On Cvent Holding Corp. Cvent Holding (CVT) reported its Q2 2022 financial results on August 4, 2022, reporting its best ever quarterly revenue results. The company provides a range of virtual and in-person event software and services to organizations worldwide. While I’m encouraged by the return to in-person events driving revenue growth, until management can make a serious move toward operating breakeven, I’m on Hold for CVT. Cvent Overview Tysons, Virginia-based Cvent Holding was founded in 1999 to provide organizations with the ability to more efficiently manage their events, both in-person and virtual. The firm is headed by founder and CEO Reggie Aggarwal, who was previously an attorney at Pillsbury Winthrop Shaw Pittman and a senior associate at PwC. The company’s primary offerings include: Event marketing and management Exchange and sourcing Suppliers & Venues The firm acquires customers through its website free trial self serve option as well as through inside and direct sales and marketing efforts for larger customer prospects. Cvent’s Market & Competition According to a 2017 market research report by MarketsandMarkets, the total event management software market was valued at $6.4 billion in 2017 and is projected to grow to $11.1 billion by the end of 2022, representing a CAGR of 11.6% during the forecast period. The main factors driving market growth are the need for effective event management and increasing adoption of event planning software and event registration software by Small and Medium-sized Enterprises [SMEs]. Major competitors that provide event management or discovery software include: Live Nation (LYV) Eventbrite XING Events ON24 ACTIVE Network etouches EMS Software Ungerboeck Software International SignUpGenius Cvent’s Recent Financial Performance Total revenue by quarter has grown per the following chart: 5 Quarter Total Revenue (Seeking Alpha) Gross profit by quarter has followed approximately the same trajectory as that of total revenue: 5 Quarter Gross Profit (Seeking Alpha) Selling, G&A expenses as a percentage of total revenue by quarter have varied within a narrow range over the past five quarters: 5 Quarter SG&A % Of Revenue (Seeking Alpha) Operating losses by quarter have worsened sharply in recent quarters: 5 Quarter Operating Income (Seeking Alpha) Earnings per share (Diluted) have remained negative, as the chart shows below: 5 Quarter Earnings Per Share (Seeking Alpha) (All data in above charts is GAAP) In the past 12 months, CVT’s stock price has fallen 49% vs. the U.S. S&P 500 index’s drop of around 13.5%, as the chart below indicates: 52 Week Stock Price (Seeking Alpha) Valuation And Other Metrics For Cvent Below is a table of relevant capitalization and valuation figures for the company: Measure [TTM] Amount Enterprise Value / Sales 4.42 Revenue Growth Rate 4.0% Net Income Margin -19.2% GAAP EBITDA % -2.5% Market Capitalization $2,440,000,000 Enterprise Value $2,550,000,000 Operating Cash Flow $134,250,000 Earnings Per Share (Fully Diluted) -$28.66 (Source - Seeking Alpha) As a reference, a relevant partial public comparable would be Eventbrite (EB); shown below is a comparison of their primary valuation metrics: Metric Eventbrite Cvent Variance Net Income Margin -30.6% -19.16% -37.4% Revenue Growth Rate 91.5% -2.5% -102.8% Operating Cash Flow -$14,450,000 $134,250,000 -1029.1% Enterprise Value / Sales 1.7 4.4 166.3% (Source - Seeking Alpha) A full comparison of the two companies’ performance metrics may be viewed here. The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory. CVT’s most recent GAAP Rule of 40 calculation was 1.5% as of Q2 2022, so the firm needs significant improvement in this regard, per the table below: Rule of 40 - GAAP Calculation Recent Rev. Growth % 4.0% GAAP EBITDA % -2.5% Total 1.5% (Source - Seeking Alpha) Commentary On Cvent In its last earnings call (Source - Seeking Alpha), covering Q2 2022’s results, management highlighted its strong revenue growth producing its highest quarterly revenue in company history. Management is starting to see a return to in-person events, with growth in its Cvent Supplier Network showing an increase in RFPs for in-person event venues since the beginning of 2022. Companies are also looking for increased flexibility, mixing event formats between in-person, virtual or hybrid, to increase engagement efficiently and better manage costs. Management believes the return to in-person events combined with its flexible platform positions the firm well for industry changes. As to its financial results, total revenue grew by 31.1% year-over-year, beating previous guidance by 4.4%, driven by growth in in-person event activity.
分析記事 Aug 07

Cvent Holding Corp. (NASDAQ:CVT) Released Earnings Last Week And Analysts Lifted Their Price Target To US$8.25

Last week saw the newest second-quarter earnings release from Cvent Holding Corp. ( NASDAQ:CVT ), an important...
分析記事 May 04

Are Cvent Holding Corp. (NASDAQ:CVT) Investors Paying Above The Intrinsic Value?

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Cvent Holding Corp...

CEO報酬分析

Cvent Holding の収益と比較して、Reggie Aggarwal の報酬はどのように変化したか?
日付総報酬給与会社業績
Mar 31 2023n/an/a

-US$102m

Dec 31 2022US$15mUS$494k

-US$100m

Sep 30 2022n/an/a

-US$103m

Jun 30 2022n/an/a

-US$111m

Mar 31 2022n/an/a

-US$101m

Dec 31 2021US$21mUS$474k

-US$86m

Sep 30 2021n/an/a

-US$81m

Dec 31 2020US$389kUS$235k

-US$84m

報酬と市場: Reggie の 総報酬 ($USD 15.31M ) は、 US市場 ($USD 7.00M ) の同規模の企業の平均を上回っています。

報酬と収益: Reggie の報酬は、過去 1 年間の会社の業績と一致しています。


CEO

Reggie Aggarwal (53 yo)

23.8yrs
在職期間
US$15,310,350
報酬

Mr. Rajeev K. Aggarwal, also known as Reggie, Founded Cvent Holding Corp. (formerly known as Cvent, Inc.) in September 1999 and has been its Chief Executive Officer since September 1999 and President since...


リーダーシップ・チーム

名称ポジション在職期間報酬所有権
Rajeev Aggarwal
Founder23.8yrsUS$15.31m5.07%
$ 212.3m
Charles Ghoorah
Co-Founder and President of Worldwide Sales & Marketing24.4yrsUS$5.84m1.47%
$ 61.5m
David Quattrone
Co-Founder & CTO23.8yrsUS$5.78m1.55%
$ 65.0m
William Newman
CFO & Senior VPno dataUS$3.30m0.14%
$ 5.7m
Jeannette Koonce
VP, General Counsel & Corporate Secretary1.1yrsUS$971.16kデータなし
Dwayne Sye
Co-Founder24.4yrsデータなしデータなし
Pradeep Mannakkara
Chief Information Officer & Senior VPno dataデータなし0.0083%
$ 348.1k
Nitin Malhotra
Senior Vice President of Corporate Development7.8yrsデータなし0.022%
$ 904.7k
Patrick Smith
Chief Marketing Officer & Senior VP5.7yrsデータなしデータなし
Grace Lee
Global Head of Human Resources & VPno dataデータなしデータなし
Bharet Malhotra
Senior Vice President of Sales11.4yrsデータなし0.033%
$ 1.4m
Brian Ludwig
Senior Vice President of Sales11.4yrsデータなし0.055%
$ 2.3m
11.4yrs
平均在職期間
49yo
平均年齢

経験豊富な経営陣: CVTの経営陣は経験豊富で経験豊富です(平均在職期間は11.4年)。


取締役

名称ポジション在職期間報酬所有権
Rajeev Aggarwal
Founderno dataUS$15.31m5.07%
$ 212.3m
James Frankola
Independent Director1.5yrsUS$314.10k0.016%
$ 663.1k
David Breach
Director1.5yrsデータなしデータなし
Betty Hung
Director6.6yrsデータなしデータなし
Monti Saroya
Chairman of the Board of Directors6.6yrsデータなしデータなし
Nicolas Stahl
Director4.1yrsデータなしデータなし
Sam Payton
Director1.5yrsデータなしデータなし
Marcela Martin
Independent Director1.5yrsUS$292.78k0%
$ 0
1.5yrs
平均在職期間
51yo
平均年齢

経験豊富なボード: CVTの 取締役会経験豊富 ではない ( 1.5年の平均在任期間) ため、新しい取締役会が必要であると考えられます。


企業分析と財務データの現状

データ最終更新日(UTC時間)
企業分析2023/06/16 01:23
終値2023/06/14 00:00
収益2023/03/31
年間収益2022/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドYoutubeのチュートリアルも掲載しています。

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業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Cvent Holding Corp. 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。9

アナリスト機関
David HynesCanaccord Genuity
Patrick WalravensCitizens JMP Securities, LLC
Peter LowryCitizens JMP Securities, LLC