| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
CVLT Stock Overview
Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally.
Commvault Systems Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$66.36 |
| 52 Week High | US$84.22 |
| 52 Week Low | US$56.99 |
| Beta | 0.61 |
| 1 Month Change | -3.31% |
| 3 Month Change | -12.99% |
| 1 Year Change | 10.90% |
| 3 Year Change | 6.55% |
| 5 Year Change | 31.93% |
| Change since IPO | 290.35% |
Recent News & Updates
Shareholders Will Be Pleased With The Quality of Commvault Systems' (NASDAQ:CVLT) Earnings
Commvault Systems, Inc. ( NASDAQ:CVLT ) recently posted some strong earnings, and the market responded positively. We...
Commvault Systems, Inc. (NASDAQ:CVLT) Shares Could Be 48% Below Their Intrinsic Value Estimate
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Commvault Systems...
Commvault: Sell-Off Provides A Buying Opportunity
Commvault reported a disappointing quarter with revenue and EPS below expectations and provided guidance that fell below expectations. The company attributes the revenue miss to large transformation deals that are being pushed out due to hardware delays. While the company does not expect hardware delays to persist for a longer time, the company prudently lowered guidance for F3Q and F4Q. Commvault software is considered the industry standard and is widely deployed in the enterprise. Its software is an essential bulwark against ransomware attacks. Its Metallic SaaS software is worth watching. Compelling valuation, industry-leading position, share gaining ability, and conservative outlook make Commvault a buy. Therefore, we are buying shares on the weakness.
Shareholder Returns
| CVLT | US Software | US Market | |
|---|---|---|---|
| 7D | -4.8% | -5.5% | -6.1% |
| 1Y | 10.9% | 6.1% | 4.2% |
Return vs Industry: CVLT exceeded the US Software industry which returned 9.6% over the past year.
Return vs Market: CVLT exceeded the US Market which returned 6.6% over the past year.
Price Volatility
| CVLT volatility | |
|---|---|
| CVLT Average Weekly Movement | 6.7% |
| Software Industry Average Movement | 8.6% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: CVLT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CVLT's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | 2,671 | Sanjay Mirchandani | https://www.commvault.com |
Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, an easy-to-use replication and disaster recovery solution; and Commvault Complete Data Protection, an easy-to-use data protection solution. It also provides Commvault Activate, a data insight solution; Commvault HyperScale X, an easy-to-deploy scale-out solution; Hedvig Distributed Storage Platform that offers software-defined storage built on a hyperscale architecture; Metallic Cloud Storage is the easy button to adopt secure and scalable cloud storage; and Metallic Backup-as-a-Service.
Commvault Systems Fundamentals Summary
| CVLT fundamental statistics | |
|---|---|
| Market Cap | US$3.02b |
| Earnings (TTM) | US$23.56m |
| Revenue (TTM) | US$740.59m |
128.2x
P/E Ratio4.1x
P/S RatioIs CVLT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CVLT income statement (TTM) | |
|---|---|
| Revenue | US$740.59m |
| Cost of Revenue | US$109.87m |
| Gross Profit | US$630.72m |
| Expenses | US$607.16m |
| Earnings | US$23.56m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Jan 25, 2022
| Earnings per share (EPS) | 0.52 |
| Gross Margin | 85.16% |
| Net Profit Margin | 3.18% |
| Debt/Equity Ratio | 0% |
How did CVLT perform over the long term?
See historical performance and comparisonValuation
Is Commvault Systems undervalued compared to its fair value and its price relative to the market?
36.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CVLT ($66.36) is trading below our estimate of fair value ($104.19)
Significantly Below Fair Value: CVLT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CVLT is poor value based on its PE Ratio (128.2x) compared to the US Software industry average (41.9x).
PE vs Market: CVLT is poor value based on its PE Ratio (128.2x) compared to the US market (16.7x).
Price to Earnings Growth Ratio
PEG Ratio: CVLT is poor value based on its PEG Ratio (4.7x)
Price to Book Ratio
PB vs Industry: CVLT is overvalued based on its PB Ratio (10.1x) compared to the US Software industry average (4.9x).
Future Growth
How is Commvault Systems forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
27.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CVLT's forecast earnings growth (27.3% per year) is above the savings rate (2%).
Earnings vs Market: CVLT's earnings (27.3% per year) are forecast to grow faster than the US market (13.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CVLT's revenue (5.5% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: CVLT's revenue (5.5% 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?
3.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVLT has a large one-off loss of $20.0M impacting its September 30 2021 financial results.
Growing Profit Margin: CVLT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CVLT has become profitable over the past 5 years, growing earnings by 3.1% per year.
Accelerating Growth: CVLT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CVLT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (20.5%).
Return on Equity
High ROE: CVLT's Return on Equity (7.9%) is considered low.
Financial Health
How is Commvault Systems's financial position?
Financial Position Analysis
Short Term Liabilities: CVLT's short term assets ($482.7M) exceed its short term liabilities ($339.8M).
Long Term Liabilities: CVLT's short term assets ($482.7M) exceed its long term liabilities ($140.2M).
Debt to Equity History and Analysis
Debt Level: CVLT is debt free.
Reducing Debt: CVLT has not had any debt for past 5 years.
Debt Coverage: CVLT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CVLT has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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?
2.7yrs
Average management tenure
CEO
Sanjay Mirchandani (57 yo)
2.92yrs
Tenure
US$8,004,986
Compensation
Mr. Sanjay Mirchandani serves as President and Chief Executive Officer and Director at Commvault Systems, Inc. since February 5, 2019. He served as the Chief Executive Officer of Puppet Labs, Inc. since Se...
CEO Compensation Analysis
Compensation vs Market: Sanjay's total compensation ($USD8.00M) is above average for companies of similar size in the US market ($USD5.23M).
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 (2.7 years average tenure).
Board Members
Experienced Board: CVLT's board of directors are considered experienced (3.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 employee growth, exchange listings and data sources
Key Information
- Name: Commvault Systems, Inc.
- Ticker: CVLT
- Exchange: NasdaqGS
- Founded: 1988
- Industry: Systems Software
- Sector: Software
- Implied Market Cap: US$3.020b
- Shares outstanding: 45.51m
- Website: https://www.commvault.com
Number of Employees
Location
- Commvault Systems, Inc.
- 1 Commvault Way
- Tinton Falls
- New Jersey
- 7724
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:33 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.