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CVLT

Commvault SystemsNasdaqGS:CVLT Stock Report

Last Price

US$66.36

Market Cap

US$3.1b

7D

-4.8%

1Y

10.9%

Updated

21 Jan, 2022

Data

Company Financials +
CVLT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends0/6

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

Palo Alto Networks

NasdaqGS:PANW

US$51.3b

Fortinet

NasdaqGS:FTNT

US$49.9b

Check Point Software Technologies

NasdaqGS:CHKP

US$16.6b

Dolby Laboratories

NYSE:DLB

US$8.9b

Price History & Performance

Summary of all time highs, changes and price drops for Commvault Systems
Historical stock prices
Current Share PriceUS$66.36
52 Week HighUS$84.22
52 Week LowUS$56.99
Beta0.61
1 Month Change-3.31%
3 Month Change-12.99%
1 Year Change10.90%
3 Year Change6.55%
5 Year Change31.93%
Change since IPO290.35%

Recent News & Updates

Nov 03
Shareholders Will Be Pleased With The Quality of Commvault Systems' (NASDAQ:CVLT) Earnings

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...

Oct 27
Commvault Systems, Inc. (NASDAQ:CVLT) Shares Could Be 48% Below Their Intrinsic Value Estimate

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...

Oct 27

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

CVLTUS SoftwareUS Market
7D-4.8%-2.1%-4.0%
1Y10.9%9.6%6.6%

Return vs Industry: CVLT exceeded the US Software industry which returned 10.2% over the past year.

Return vs Market: CVLT exceeded the US Market which returned 7.7% over the past year.

Price Volatility

Is CVLT's price volatile compared to industry and market?
CVLT volatility
CVLT Average Weekly Movement6.7%
Software Industry Average Movement8.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

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

FoundedEmployeesCEOWebsite
19882,671Sanjay Mirchandanihttps://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

How do Commvault Systems's earnings and revenue compare to its market cap?
CVLT fundamental statistics
Market CapUS$3.08b
Earnings (TTM)US$23.56m
Revenue (TTM)US$740.59m

128.2x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CVLT income statement (TTM)
RevenueUS$740.59m
Cost of RevenueUS$109.87m
Gross ProfitUS$630.72m
ExpensesUS$607.16m
EarningsUS$23.56m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Jan 25, 2022

Earnings per share (EPS)0.52
Gross Margin85.16%
Net Profit Margin3.18%
Debt/Equity Ratio0%

How did CVLT perform over the long term?

See historical performance and comparison

Valuation

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 ($67.59) is trading below our estimate of fair value ($104.18)

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 (130.5x) compared to the US Software industry average (41.4x).

PE vs Market: CVLT is poor value based on its PE Ratio (130.5x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: CVLT is poor value based on its PEG Ratio (4.8x)


Price to Book Ratio

PB vs Industry: CVLT is overvalued based on its PB Ratio (10.3x) 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 (9.3% 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%).


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

  • Explore strong dividend paying companies in the Software industry.

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 ($USD8.00M) is above average for companies of similar size in the US market ($USD5.15M).

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$3.076b
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:07
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.