Commvault Systems
Market Cap
US$3.2b
Last Updated
2021/04/18 22:10 UTC
Data Sources
Company Financials +
Executive Summary
Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States, Canada, Latin America, Europe, the Middle East, Africa, Australia, New Zealand, Southeast Asia, and China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Commvault Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CVLT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CVLT's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
1.1%
CVLT
2.3%
US Software
1.3%
US Market
1 Year Return
70.4%
CVLT
56.0%
US Software
53.8%
US Market
Return vs Industry: CVLT exceeded the US Software industry which returned 56% over the past year.
Return vs Market: CVLT exceeded the US Market which returned 53.9% over the past year.
Shareholder returns
| CVLT | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 2.3% | 1.3% |
| 30 Day | 5.1% | 11.1% | 5.1% |
| 90 Day | 18.5% | 12.0% | 8.9% |
| 1 Year | 70.4%70.4% | 57.1%56.0% | 56.6%53.8% |
| 3 Year | -2.6%-2.6% | 146.1%138.6% | 64.4%53.6% |
| 5 Year | 54.3%54.3% | 329.3%305.3% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is Commvault Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
A Look At The Fair Value Of Commvault Systems, Inc. (NASDAQ:CVLT)2 months ago | Simply Wall St
Brian Carolan Is The VP & CFO of Commvault Systems, Inc. (NASDAQ:CVLT) And They Just Sold 37% Of Their Shares3 months ago | Simply Wall St
Should Commvault Systems (NASDAQ:CVLT) Be Disappointed With Their 66% Profit?Valuation
Is Commvault Systems undervalued compared to its fair value and its price relative to the market?
15.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CVLT ($68.12) is trading below our estimate of fair value ($80.85)
Significantly Below Fair Value: CVLT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CVLT is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: CVLT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CVLT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CVLT is good value based on its PB Ratio (7.7x) compared to the US Software industry average (8.7x).
Future Growth
How is Commvault Systems forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
73.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CVLT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CVLT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CVLT's is expected to become profitable in the next 3 years.
Revenue vs Market: CVLT's revenue (6.2% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: CVLT's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CVLT's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Commvault Systems performed over the past 5 years?
-17.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVLT is currently unprofitable.
Growing Profit Margin: CVLT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CVLT is unprofitable, and losses have increased over the past 5 years at a rate of 17.3% per year.
Accelerating Growth: Unable to compare CVLT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CVLT is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (16.3%).
Return on Equity
High ROE: CVLT has a negative Return on Equity (-6.83%), as it is currently unprofitable.
Financial Health
How is Commvault Systems's financial position?
Financial Position Analysis
Short Term Liabilities: CVLT's short term assets ($606.6M) exceed its short term liabilities ($359.4M).
Long Term Liabilities: CVLT's short term assets ($606.6M) exceed its long term liabilities ($132.1M).
Debt to Equity History and Analysis
Debt Level: CVLT is debt free.
Reducing Debt: CVLT has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CVLT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CVLT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.6% per year.
Dividend
What is Commvault Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CVLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CVLT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CVLT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CVLT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CVLT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Sanjay Mirchandani (56 yo)
2.17yrs
Tenure
US$6,097,516
Compensation
Mr. Sanjay Mirchandani serves as President and Chief Executive Officer and Director at Commvault Systems, Inc. since February 5, 2019. He served as the Chief Executive Officer of Puppet Labs, Inc. since Se...
CEO Compensation Analysis
Compensation vs Market: Sanjay's total compensation ($USD6.10M) is about average for companies of similar size in the US market ($USD5.16M).
Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CVLT's management team is considered experienced (2.1 years average tenure).
Board Members
Experienced Board: CVLT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CVLT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Commvault Systems, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Commvault Systems, Inc.
- Ticker: CVLT
- Exchange: NasdaqGS
- Founded: 1988
- Industry: Systems Software
- Sector: Software
- Market Cap: US$3.170b
- Shares outstanding: 47.00m
- Website: https://www.commvault.com
Number of Employees
Location
- Commvault Systems, Inc.
- 1 Commvault Way
- Tinton Falls
- New Jersey
- 7724
- United States
Listings
Biography
Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States, Canada, Latin America, Europe, the Middle East, Africa, Australi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/18 22:10 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.