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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


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

CVLTIndustryMarket
7 Day1.1%2.3%1.3%
30 Day5.1%11.1%5.1%
90 Day18.5%12.0%8.9%
1 Year70.4%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 Year54.3%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

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/18 22:10
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.