NasdaqGS:CYBR

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Market Cap

US$5.6b

Last Updated

2021/08/01 22:09 UTC

Data Sources

Company Financials +

Executive Summary

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sales software-based security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. More Details


Snowflake Analysis

Mediocre balance sheet with concerning outlook.


Similar Companies

Share Price & News

How has CyberArk Software's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CYBR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CYBR's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-2.9%

CYBR

-0.8%

US Software

-0.4%

US Market


1 Year Return

20.5%

CYBR

38.6%

US Software

35.9%

US Market

Return vs Industry: CYBR underperformed the US Software industry which returned 38.6% over the past year.

Return vs Market: CYBR underperformed the US Market which returned 35.9% over the past year.


Shareholder returns

CYBRIndustryMarket
7 Day-2.9%-0.8%-0.4%
30 Day7.2%2.0%-0.3%
90 Day2.2%12.9%3.1%
1 Year20.5%20.5%39.3%38.6%38.0%35.9%
3 Year128.5%128.5%145.7%139.1%62.9%52.7%
5 Year152.7%152.7%350.9%327.7%121.3%96.9%

Long-Term Price Volatility Vs. Market

How volatile is CyberArk Software's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CyberArk Software undervalued compared to its fair value and its price relative to the market?

7.81x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: CYBR ($142.03) is trading above our estimate of fair value ($140.8)

Significantly Below Fair Value: CYBR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CYBR is unprofitable, so we can't compare its PE Ratio to the US Software industry average.

PE vs Market: CYBR 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 CYBR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CYBR is overvalued based on its PB Ratio (7.8x) compared to the US Software industry average (6.7x).


Future Growth

How is CyberArk Software forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

12.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CYBR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CYBR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CYBR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CYBR's revenue (14.7% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: CYBR's revenue (14.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CYBR's Return on Equity is forecast to be low in 3 years time (5.1%).


Past Performance

How has CyberArk Software performed over the past 5 years?

-3.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CYBR is currently unprofitable.

Growing Profit Margin: CYBR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CYBR is unprofitable, and losses have increased over the past 5 years at a rate of 3.9% per year.

Accelerating Growth: Unable to compare CYBR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CYBR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (34.7%).


Return on Equity

High ROE: CYBR has a negative Return on Equity (-3.27%), as it is currently unprofitable.


Financial Health

How is CyberArk Software's financial position?


Financial Position Analysis

Short Term Liabilities: CYBR's short term assets ($1.1B) exceed its short term liabilities ($245.8M).

Long Term Liabilities: CYBR's short term assets ($1.1B) exceed its long term liabilities ($613.6M).


Debt to Equity History and Analysis

Debt Level: CYBR's debt to equity ratio (67.8%) is considered high.

Reducing Debt: Insufficient data to determine if CYBR's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CYBR's debt is well covered by operating cash flow (22.1%).

Interest Coverage: Insufficient data to determine if CYBR's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is CyberArk Software current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CYBR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CYBR'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 CYBR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CYBR'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 CYBR'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?

2.5yrs

Average management tenure


CEO

Udi Mokady (52 yo)

16.5yrs

Tenure

US$9,169,070

Compensation

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 i...


CEO Compensation Analysis

Compensation vs Market: Udi 's total compensation ($USD9.17M) is above average for companies of similar size in the US market ($USD6.51M).

Compensation vs Earnings: Udi 's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: CYBR's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: CYBR's board of directors are considered experienced (5.1 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.7%.


Top Shareholders

Company Information

CyberArk Software Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CyberArk Software Ltd.
  • Ticker: CYBR
  • Exchange: NasdaqGS
  • Founded: 1999
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: US$5.647b
  • Shares outstanding: 39.76m
  • Website: https://www.cyberark.com

Number of Employees


Location

  • CyberArk Software Ltd.
  • 9 Hapsagot Street
  • Park Ofer B
  • Petah Tikva
  • 4951040
  • Israel

Listings


Biography

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sales software-based security solutions and services in the United States, Europe, the Middle East, Africa, and internationall...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/01 22:09
End of Day Share Price2021/07/30 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.