NasdaqGS:CVLT

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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 less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CVLT's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

3.1%

CVLT

3.5%

US Software

2.8%

US Market


1 Year Return

-3.4%

CVLT

48.0%

US Software

20.9%

US Market

Return vs Industry: CVLT underperformed the US Software industry which returned 47.7% over the past year.

Return vs Market: CVLT underperformed the US Market which returned 20.7% over the past year.


Shareholder returns

CVLTIndustryMarket
7 Day3.1%3.5%2.8%
30 Day21.8%7.9%11.1%
90 Day12.3%0.7%6.5%
1 Year-3.4%-3.4%48.9%48.0%23.6%20.9%
3 Year-9.4%-9.4%141.4%133.6%47.3%37.6%
5 Year14.0%14.0%222.8%205.6%94.3%72.9%

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?

14.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CVLT ($48.91) is trading below our estimate of fair value ($56.99)

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 (5.4x) compared to the US Software industry average (8.1x).


Next Steps

Future Growth

How is Commvault Systems forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

99.8%

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 (2.2%).

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 (3.9% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: CVLT's revenue (3.9% 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


Next Steps

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 (8.9%).


Return on Equity

High ROE: CVLT has a negative Return on Equity (-7.3%), as it is currently unprofitable.


Next Steps

Financial Health

How is Commvault Systems's financial position?


Financial Position Analysis

Short Term Liabilities: CVLT's short term assets ($559.0M) exceed its short term liabilities ($314.7M).

Long Term Liabilities: CVLT's short term assets ($559.0M) exceed its long term liabilities ($117.8M).


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


Next Steps

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?

3.7yrs

Average management tenure


CEO

Sanjay Mirchandani (56 yo)

1.67yrs

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 ($USD6.10M) is above average for companies of similar size in the US market ($USD4.17M).

Compensation vs Earnings: Sanjay's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sanjay Mirchandani
President1.67yrsUS$6.10m0.072%
$ 1.7m
Brian Carolan
VP & CFO8.08yrsUS$2.59m0.17%
$ 3.9m
Riccardo Di Blasio
VP & Chief Revenue Officer1.5yrsUS$2.18m0.10%
$ 2.3m
James Whalen
VP of Finance & Chief Accounting Officer1.58yrsno data0.054%
$ 1.3m
Brian Brockway
CTO & VP5.67yrsno datano data
Michael Melnyk
Director of Investor Relations1.33yrsno datano data
Warren Mondschein
Chief Compliance Officer10.33yrsno datano data
Chris Powell
Chief Marketing Officer & VP5.67yrsno datano data
Martha Delehanty
Chief People Officer0.67yrno datano data
Robert Brower
Chief of Staff - Office of the COOno datano datano data
Gary Merrill
Vice President of Business Operations8.08yrsno data0.028%
$ 642.4k
Randy De Meno
Chief Technologist of Windows Products & Microsoft Partnershipno datano datano data

3.7yrs

Average Tenure

48.5yo

Average Age

Experienced Management: CVLT's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sanjay Mirchandani
President1.67yrsUS$6.10m0.072%
$ 1.7m
Keith Geeslin
Independent Director24.5yrsUS$270.00k0.084%
$ 1.9m
Richard Bradley
Independent Director0.42yrno datano data
Gary Smith
Independent Director16.5yrsUS$267.17k0.095%
$ 2.2m
Charles Moran
Independent Director2.33yrsUS$270.18k0.017%
$ 385.2k
Martha Bejar
Independent Director2.33yrsUS$256.57k0.017%
$ 385.2k
David Walker
Independent Director14.67yrsUS$289.19k0.10%
$ 2.4m
Y.Y. Lee
Independent Director2.67yrsUS$263.25k0.019%
$ 448.4k
Nicholas Adamo
Independent Chairman of the Board1.58yrsUS$279.40k0.017%
$ 385.2k
Arlen Shenkman
Independent Director0.42yrno datano data
Allison Pickens
Independent Director0.42yrno datano data

2.3yrs

Average Tenure

59yo

Average Age

Experienced Board: CVLT's board of directors are not considered experienced ( 2.3 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: 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 been diluted in the past year, with total shares outstanding growing by 3.1%.


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$2.305b
  • Shares outstanding: 47.13m
  • Website: https://www.commvault.com

Number of Employees


Location

  • Commvault Systems, Inc.
  • 1 Commvault Way
  • Tinton Falls
  • New Jersey
  • 7724
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CVLTNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDSep 2006
D6IDB (Deutsche Boerse AG)YesCommon StockDEEURSep 2006

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 Analysis2020/11/29 00:16
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
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.