CyberArk Software
CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts. The last earnings update was 10 days ago. More info.
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CYBR Share Price and Events
7 Day Returns
1 Year Returns
CYBR Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| CyberArk Software (CYBR) | 2.2% | 4.8% | 24.3% | 118.7% | 200.4% | - |
| US Software | 0.6% | 1.9% | 9.7% | 25.5% | 117.7% | 157.3% |
| US Market | 0.2% | -1.6% | 2.4% | 2.9% | 36.1% | 41% |
1 Year Return vs Industry and Market
- CYBR outperformed the Software industry which returned 25.5% over the past year.
- CYBR outperformed the Market in United States of America which returned 2.9% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
CyberArk Software
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for CyberArk Software.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 20 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 9.3% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Software Unlevered Beta | Simply Wall St/ S&P Global | 1.15 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.154 (1 + (1- 23%) (0%)) |
1.103 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.1 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.103 * 5.96%) |
9.3% |
Discounted Cash Flow Calculation for NasdaqGS:CYBR using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for CyberArk Software is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 9.3%) |
|
|---|---|---|---|
| 2019 | 115.24 | Analyst x12 | 105.43 |
| 2020 | 145.19 | Analyst x12 | 121.52 |
| 2021 | 190.25 | Analyst x2 | 145.69 |
| 2022 | 303.70 | Analyst x1 | 212.77 |
| 2023 | 388.00 | Analyst x1 | 248.69 |
| 2024 | 457.42 | Est @ 17.89% | 268.23 |
| 2025 | 518.46 | Est @ 13.34% | 278.14 |
| 2026 | 571.14 | Est @ 10.16% | 280.32 |
| 2027 | 616.43 | Est @ 7.93% | 276.80 |
| 2028 | 655.70 | Est @ 6.37% | 269.37 |
| Present value of next 10 years cash flows | $2,206.97 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $655.70 × (1 + 2.73%) ÷ (9.3% – 2.73%) |
$10,246.82 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $10,246.82 ÷ (1 + 9.3%)10 |
$4,209.57 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $2,206.97 + $4,209.57 |
$6,416.54 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $6,416.54 / 37.61 |
$170.61 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $170.61 |
| Current discount | Discount to share price of
$131.65
= -1 x ($131.65 - $170.61) / $170.61 |
22.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- CyberArk Software's share price is below the future cash flow value, and at a moderate discount (> 20%).
- CyberArk Software's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for CyberArk Software's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
CyberArk Software's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $1.49 |
| NasdaqGS:CYBR Share Price ** | NasdaqGS (2019-05-23) in USD | $131.65 |
| United States of America Software Industry PE Ratio | Median Figure of 81 Publicly-Listed Software Companies | 55.97x |
| United States of America Market PE Ratio | Median Figure of 3,085 Publicly-Listed Companies | 17.79x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of CyberArk Software.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:CYBR Share Price ÷ EPS (both in USD) = 131.65 ÷ 1.49 |
88.62x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CyberArk Software is overvalued based on earnings compared to the US Software industry average.
- CyberArk Software is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
CyberArk Software's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 88.62x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts |
25.5%per year |
| United States of America Software Industry PEG Ratio | Median Figure of 66 Publicly-Listed Software Companies | 3.09x |
| United States of America Market PEG Ratio | Median Figure of 2,123 Publicly-Listed Companies | 1.54x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 88.62x ÷ 25.5% |
3.48x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CyberArk Software is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
CyberArk Software's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $13.55 |
| NasdaqGS:CYBR Share Price * | NasdaqGS (2019-05-23) in USD | $131.65 |
| United States of America Software Industry PB Ratio | Median Figure of 222 Publicly-Listed Software Companies | 5.69x |
| United States of America Market PB Ratio | Median Figure of 5,201 Publicly-Listed Companies | 1.84x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:CYBR Share Price ÷ Book Value per Share (both in USD) = 131.65 ÷ 13.55 |
9.71x |
* Primary Listing of CyberArk Software.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- CyberArk Software is overvalued based on assets compared to the US Software industry average.
Value checks
We assess CyberArk Software's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Software industry average (and greater than 0)? (1 check) CyberArk Software has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- CyberArk Software's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- CyberArk Software's earnings growth is expected to exceed the United States of America market average.
- CyberArk Software's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGS:CYBR Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 20 Analysts | 25.5% |
| NasdaqGS:CYBR Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 20 Analysts | 16% |
| United States of America Software Industry Earnings Growth Rate | Market Cap Weighted Average | 16.4% |
| United States of America Software Industry Revenue Growth Rate | Market Cap Weighted Average | 11.6% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.7% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 20 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 813 | 402 | 148 | 1 |
| 2022-12-31 | 696 | 316 | 110 | 1 |
| 2021-12-31 | 594 | 188 | 81 | 6 |
| 2020-12-31 | 497 | 156 | 55 | 20 |
| 2019-12-31 | 418 | 127 | 44 | 20 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 367 | 143 | 54 |
| 2018-12-31 | 343 | 130 | 47 |
| 2018-09-30 | 315 | 125 | 26 |
| 2018-06-30 | 295 | 107 | 20 |
| 2018-03-31 | 274 | 98 | 15 |
| 2017-12-31 | 262 | 81 | 16 |
| 2017-09-30 | 246 | 65 | 23 |
| 2017-06-30 | 236 | 65 | 28 |
| 2017-03-31 | 229 | 56 | 31 |
| 2016-12-31 | 217 | 56 | 28 |
| 2016-09-30 | 204 | 55 | 28 |
| 2016-06-30 | 189 | 45 | 27 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 20 Analyst Estimates (S&P Global) | See Below |
All data from CyberArk Software Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | ||||
| 2022-12-31 | ||||
| 2021-12-31 | 2.72 | 2.72 | 2.72 | 1.00 |
| 2020-12-31 | 1.47 | 2.00 | 0.84 | 7.00 |
| 2019-12-31 | 1.14 | 1.35 | 0.85 | 7.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 1.49 |
| 2018-12-31 | 1.30 |
| 2018-09-30 | 0.74 |
| 2018-06-30 | 0.57 |
| 2018-03-31 | 0.42 |
| 2017-12-31 | 0.46 |
| 2017-09-30 | 0.66 |
| 2017-06-30 | 0.82 |
| 2017-03-31 | 0.92 |
| 2016-12-31 | 0.83 |
| 2016-09-30 | 0.83 |
| 2016-06-30 | 0.82 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess CyberArk Software's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
CyberArk Software has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has CyberArk Software performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- CyberArk Software has delivered over 20% year on year earnings growth in the past 5 years.
- CyberArk Software's 1-year earnings growth exceeds its 5-year average (264.6% vs 30.5%)
- CyberArk Software's earnings growth has exceeded the US Software industry average in the past year (264.6% vs 21.4%).
Earnings and Revenue History
All data from CyberArk Software Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 367.35 | 54.33 | 199.00 | 60.46 |
| 2018-12-31 | 343.20 | 47.07 | 190.07 | 57.11 |
| 2018-09-30 | 314.52 | 26.44 | 181.65 | 54.02 |
| 2018-06-30 | 294.68 | 20.03 | 173.70 | 50.41 |
| 2018-03-31 | 274.45 | 14.90 | 165.38 | 46.16 |
| 2017-12-31 | 261.70 | 16.02 | 156.45 | 42.39 |
| 2017-09-30 | 245.69 | 22.70 | 145.33 | 39.47 |
| 2017-06-30 | 235.84 | 28.13 | 134.17 | 37.29 |
| 2017-03-31 | 228.74 | 31.34 | 124.12 | 35.90 |
| 2016-12-31 | 216.61 | 28.12 | 115.89 | 34.61 |
| 2016-09-30 | 203.72 | 27.82 | 108.21 | 33.00 |
| 2016-06-30 | 188.81 | 27.48 | 99.16 | 29.45 |
| 2016-03-31 | 174.81 | 25.95 | 91.81 | 25.55 |
| 2015-12-31 | 160.81 | 25.79 | 82.52 | 21.73 |
| 2015-09-30 | 145.65 | 18.71 | 75.26 | 18.19 |
| 2015-06-30 | 133.56 | 15.25 | 67.75 | 16.20 |
| 2015-03-31 | 118.52 | 12.82 | 59.56 | 15.28 |
| 2014-12-31 | 103.00 | 6.14 | 53.44 | 14.40 |
| 2014-09-30 | 86.75 | 4.69 | 47.30 | 13.09 |
| 2014-06-30 | 75.68 | 1.39 | 43.25 | 12.15 |
| 2014-03-31 | 70.82 | 0.29 | 40.73 | 11.37 |
| 2013-12-31 | 66.16 | 1.76 | 37.60 | 10.40 |
| 2012-12-31 | 47.21 | 3.33 | 25.38 | 7.27 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- CyberArk Software has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- CyberArk Software used its assets more efficiently than the US Software industry average last year based on Return on Assets.
- CyberArk Software's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess CyberArk Software's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
CyberArk Software has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is CyberArk Software's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up CyberArk Software's finances.
The net worth of a company is the difference between its assets and liabilities.
- CyberArk Software is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- CyberArk Software's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- CyberArk Software has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from CyberArk Software Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 502.10 | 0.00 | 466.35 |
| 2018-12-31 | 466.77 | 0.00 | 426.98 |
| 2018-09-30 | 430.14 | 0.00 | 386.47 |
| 2018-06-30 | 403.70 | 0.00 | 357.04 |
| 2018-03-31 | 381.46 | 0.00 | 325.36 |
| 2017-12-31 | 353.97 | 0.00 | 302.93 |
| 2017-09-30 | 343.26 | 0.00 | 274.30 |
| 2017-06-30 | 334.70 | 0.00 | 260.83 |
| 2017-03-31 | 323.85 | 0.00 | 287.06 |
| 2016-12-31 | 296.22 | 0.00 | 275.03 |
| 2016-09-30 | 279.91 | 0.00 | 252.48 |
| 2016-06-30 | 266.06 | 0.00 | 236.66 |
| 2016-03-31 | 255.36 | 0.00 | 247.48 |
| 2015-12-31 | 246.67 | 0.00 | 238.25 |
| 2015-09-30 | 231.75 | 0.00 | 249.66 |
| 2015-06-30 | 221.97 | 0.00 | 283.82 |
| 2015-03-31 | 160.44 | 0.00 | 191.67 |
| 2014-12-31 | 155.01 | 0.00 | 177.18 |
| 2014-09-30 | 147.37 | 0.00 | 169.01 |
| 2014-06-30 | 50.73 | 0.00 | 75.57 |
| 2014-03-31 | 48.26 | 0.00 | 72.78 |
| 2013-12-31 | 47.98 | 0.00 | 65.37 |
| 2012-12-31 | 39.18 | 0.00 | 46.00 |
- CyberArk Software has no debt.
- CyberArk Software has not taken on any debt in the past 5 years.
- CyberArk Software has no debt, it does not need to be covered by operating cash flow.
- CyberArk Software has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess CyberArk Software's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) CyberArk Software has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is CyberArk Software's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
CyberArk Software
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate CyberArk Software's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate CyberArk Software's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 20 Analyst Estimates (S&P Global) | See Below |
| United States of America Software Industry Average Dividend Yield | Market Cap Weighted Average of 22 Stocks | 1.5% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2005 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.00 | 1.00 |
| 2020-12-31 | 0.00 | 2.00 |
| 2019-12-31 | 0.00 | 2.00 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as CyberArk Software has not reported any payouts.
- Unable to verify if CyberArk Software's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess CyberArk Software's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can CyberArk Software afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) CyberArk Software has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $6,677,316 |
| AGE | 49 |
| TENURE AS CEO | 14.3 years |
CEO Bio
Mr. Ehud Mokady, also known as Udi, founded Cyber-Ark Software, Inc. in 1999 and has been its Chairman of the Board since June 30, 2016 and serves as its Chief Executive Officer and President. Mr. Mokady is a Founder of CyberArk Software, Ltd. and has been its Chief Executive Officer since 2005 and served as its President since 2005 until 2016. He served as the Chief Operating Officer of Cyber-Ark Software, Inc. from 1999 to 2005. From 1997 to 1999, he served as General Counsel at Tadiran Spectralink Ltd. From 1986 to 1989, he served in a military intelligence unit in the Israel Defense Forces. He has been the Chairman of the Board at CyberArk Software, Ltd. sinced June 30, 2016. Mr. Mokady was honored by a panel of independent judges with the New England EY Entrepreneur Of The Year 2014 Award in the Technology Security category. He serves as a Director of CyberArk Software, Ltd. and Cyber-Ark Software, Inc. He has been Director of Demisto, Inc. since January 29, 2018. Mr. Mokady holds a Bachelor of Laws (LL.B.) from Hebrew University in Jerusalem, Israel and a Master of Science Management (MSM) from Boston University in Massachusetts.
CEO Compensation
- Udi 's compensation has been consistent with company performance over the past year, both up more than 20%.
- Udi 's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the CyberArk Software management team in years:
- The tenure for the CyberArk Software management team is about average.
Management Team
Udi Mokady
Founder
$7M
49
14.3 yrs
Josh Siegel
Chief Financial Officer
$3M
54
8 yrs
Marianne Budnik
Chief Marketing Officer
$1M
50
2 yrs
Ron Zoran
Chief Revenue Officer
$2M
43
1.8 yrs
Chen Bitan
General Manager of EMEA
$1M
48
14.3 yrs
Erica Smith
Vice President of Investors Relations
Donna Rahav
General Counsel
39
5.3 yrs
Clarence Hinton
Senior Vice President of Corporate Development
0.3 yrs
Ruth Shaked
Senior Vice President of Human Resources
55
0.3 yrs
Roy Adar
Senior Vice President of Product Management
47
4.3 yrs
Board of Directors Tenure
Average tenure and age of the CyberArk Software board of directors in years:
- The tenure for the CyberArk Software board of directors is about average.
Board of Directors
Gadi Tirosh
Lead Independent Director
52
2.8 yrs
Udi Mokady
Founder
$7M
49
2.9 yrs
Ron Gutler
Independent Director
60
4.8 yrs
Kim Perdikou
Independent Director
61
4.8 yrs
Dave Schaeffer
Independent Director
62
5 yrs
Amnon Shoshani
Independent Director
54
9.5 yrs
François Auque
Director
61
0.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess CyberArk Software's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) CyberArk Software has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
What CyberArk Software Ltd.'s (NASDAQ:CYBR) ROE Can Tell Us
The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for CyberArk Software: 10% = US$47m ÷ US$467m (Based on the trailing twelve months to December 2018.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Does CyberArk Software Have A Good Return On Equity? … CyberArk Software's Debt And Its 10% ROE One positive for shareholders is that CyberArk Software does not have any net debt!
Simply Wall St - – Full articleWhat Should Investors Know About CyberArk Software Ltd.'s (NASDAQ:CYBR) Future?
Help shape the future of investing tools and you could win a $250 gift card! … with profits predicted to rise by -25% next year … the higher past 5-year average growth rate of 30%.
Simply Wall St - – Full articleWhy Investors Should Run Towards CyberArk Software Ltd. (NASDAQ:CYBR)
High quality stocks such as CyberArk Software Ltd. … has fared well over time in a fickle stock market, which is why I want to bring it into light amongst all the chaos. … CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts
Simply Wall St - – Full articleDo Directors Own CyberArk Software Ltd. (NASDAQ:CYBR) Shares?
The big shareholder groups in CyberArk Software Ltd. … Companies that have been privatized tend to have low insider ownership. … Check out our latest analysis for CyberArk Software
Simply Wall St - – Full articleWhat Are Analysts Saying About CyberArk Software Ltd.'s (NASDAQ:CYBR) Future?
The latest earnings update CyberArk Software Ltd. … (NASDAQ:CYBR) released in December 2018a … confirmed
Simply Wall St - – Full articleHere’s What CyberArk Software Ltd.’s (NASDAQ:CYBR) Return On Capital Can Tell Us
To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … Analysts use this formula to calculate return on capital employed:
Simply Wall St - – Full articleIs It Too Late To Consider Buying CyberArk Software Ltd. (NASDAQ:CYBR)?
(NASDAQ:CYBR), which is in the software business, and is based in Israel,. … received a lot of attention from a substantial price increase on the NASDAQGS over the last few months. … Let’s take a look at CyberArk Software’s outlook and value based on the most recent financial data to see if the opportunity still exists
Simply Wall St - – Full articleIf You Had Bought CyberArk Software (NASDAQ:CYBR) Shares Three Years Ago You'd Have Made 177%
(NASDAQ:CYBR) share price has soared 177% in the last three years. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … CyberArk Software was able to grow its EPS at 17% per year over three years, sending the share price higher.
Simply Wall St - – Full articleDon't Sell CyberArk Software Ltd. (NASDAQ:CYBR) Before You Read This
We'll look at CyberArk Software Ltd.'s (NASDAQ:CYBR) P/E ratio and reflect on what it tells us about the company's share price. … Based on the last twelve months, CyberArk Software's P/E ratio is 82.01. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleTaking A Look At CyberArk Software Ltd.'s (NASDAQ:CYBR) ROE
Our data shows CyberArk Software has a return on equity of 10% for the last year. … That means that for every $1 worth of shareholders' equity, it generated $0.10 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleCompany Info
Description
CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts. The company's solutions include Core Privileged Access Security for risk-based credential security and session management with add-on options for least privilege server and domain controller protection; Application Access Manager for secrets management for applications, tools, containers, and DevOps; and Endpoint Privilege Manager for least privilege and credential theft protection for workstations. It also provides Sensitive Information Management solution; and software maintenance and support, and professional services. The company offers its products to financial services, manufacturing, insurance, healthcare, energy and utilities, transportation, retail, technology, and telecommunications industries, as well as government agencies through direct sales force, as well as distributors, systems integrators, value-added resellers, and managed security service providers. It operates in the United States, Europe, the Middle East, Africa, the Asia Pacific, Latin America, and Canada. CyberArk Software Ltd. was founded in 1999 and is headquartered in Petach Tikva, Israel.
Details
| Name: | CyberArk Software Ltd. |
| CYBR | |
| Exchange: | NasdaqGS |
| Founded: | 1999 |
| $4,951,212,738 | |
| 37,608,908 | |
| Website: | http://www.cyberark.com |
| Address: |
CyberArk Software Ltd. 9 Hapsagot Street, Park Ofer B, Petach Tikva, 4951040, Israel |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGS | CYBR | Ordinary Shares | Nasdaq Global Select | US | USD | 24. Sep 2014 | |
| DB | CYB | Ordinary Shares | Deutsche Boerse AG | DE | EUR | 24. Sep 2014 |
Number of employees
Current staff
Industry
| Systems Software | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/24 00:38 |
| End of day share price update: | 2019/05/23 00:00 |
| Last estimates confirmation: | 2019/05/20 |
| Last earnings filing: | 2019/05/14 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
