NasdaqGS:CYBR

Stock Analysis Report

Executive Summary

CyberArk Software Ltd., together with its subsidiaries, provides software-based security solutions and services for organizations to safeguard and monitor their privileged accounts.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


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


Market Performance


7 Day Return

-3.7%

CYBR

-3.1%

US Software

0.5%

US Market


1 Year Return

38.1%

CYBR

19.9%

US Software

6.8%

US Market

Return vs Industry: CYBR exceeded the US Software industry which returned 19.9% over the past year.

Return vs Market: CYBR exceeded the US Market which returned 6.8% over the past year.


Shareholder returns

CYBRIndustryMarket
7 Day-3.7%-3.1%0.5%
30 Day-5.8%-3.1%-0.8%
90 Day-29.7%-6.6%-0.9%
1 Year38.1%38.1%21.6%19.9%9.2%6.8%
3 Year110.0%110.0%111.9%103.5%45.6%36.2%
5 Year182.7%182.7%163.3%144.3%63.2%45.4%

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?

38.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CYBR ($99.18) is trading below our estimate of fair value ($159.86)

Significantly Below Fair Value: CYBR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CYBR is poor value based on its PE Ratio (61.8x) compared to the Software industry average (46.8x).

PE vs Market: CYBR is poor value based on its PE Ratio (61.8x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: CYBR is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: CYBR is overvalued based on its PB Ratio (7x) compared to the US Software industry average (5.3x).


Next Steps

Future Growth

How is CyberArk Software forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

22.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CYBR's forecast earnings growth (22.2% per year) is above the savings rate (2.7%).

Earnings vs Market: CYBR's earnings (22.2% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CYBR's revenue (16.5% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: CYBR's revenue (16.5% 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 (16.5%).


Next Steps

Past Performance

How has CyberArk Software performed over the past 5 years?

30.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CYBR's earnings have grown significantly by 30% per year over the past 5 years.

Accelerating Growth: CYBR's earnings growth over the past year (196.3%) exceeds its 5-year average (30% per year).

Earnings vs Industry: CYBR earnings growth over the past year (196.3%) exceeded the Software industry 19.1%.


Return on Equity

High ROE: CYBR's Return on Equity (11.1%) is considered low.


Return on Assets

ROA vs Industry: CYBR has a higher Return on Assets than the Software industry average last year.


Return on Capital Employed

ROCE Improving: CYBR's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is CyberArk Software's financial position?


Financial Position Analysis

Short Term Liabilities: CYBR's short term assets ($554.7M) exceeds its short term liabilities ($162.3M)

Long Term Liabilities: CYBR's short term assets (554.7M) exceeds its long term liabilities (93.0M)


Debt to Equity History and Analysis

Debt Level: CYBR is debt free.

Reducing Debt: CYBR has not had any debt for past 5 years.

Debt Coverage: CYBR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CYBR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: CYBR has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if CYBR's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Years0%

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of CyberArk Software's salary, the management and board of directors tenure and is there insider trading?

4.7yrs

Average management tenure


CEO

Udi Mokady (50yo)

14.8yrs

Tenure

US$6,677,316

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 ($USD6.68M) is about average for companies of similar size in the US market ($USD5.11M).

Compensation vs Earnings: Udi 's compensation has increased by more than 20% in the past year.


Management Age and Tenure

4.7yrs

Average Tenure

49.5yo

Average Age

Experienced Management: CYBR's management team is considered experienced (4.7 years average tenure).


Board Age and Tenure

5.3yrs

Average Tenure

61yo

Average Age

Experienced Board: CYBR's board of directors are considered experienced (5.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Chen Bitan (49yo)

    General Manager of EMEA

    • Tenure: 14.8yrs
    • Compensation: US$1.43m
  • Ron Zoran (44yo)

    • Tenure: 2.2yrs
    • Compensation: US$2.06m
  • Josh Siegel (55yo)

    Chief Financial Officer

    • Tenure: 8.4yrs
    • Compensation: US$2.99m
  • Erica Smith

    Vice President of Investors Relations

    • Tenure: 0yrs
  • Ruth Shaked (56yo)

    Senior Vice President of Human Resources

    • Tenure: 0.8yrs
  • Roy Adar (48yo)

    Senior Vice President of Product Management

    • Tenure: 4.7yrs
  • Marianne Budnik (51yo)

    Chief Marketing Officer

    • Tenure: 2.4yrs
    • Compensation: US$1.33m
  • Donna Rahav (40yo)

    General Counsel

    • Tenure: 5.8yrs
  • Udi Mokady (50yo)

    Founder

    • Tenure: 14.8yrs
    • Compensation: US$6.68m
  • Clarence Hinton

    Senior Vice President of Corporate Development

    • Tenure: 0.8yrs

Board Members

  • Dave Schaeffer (63yo)

    Independent Director

    • Tenure: 5.4yrs
  • Ron Gutler (61yo)

    Independent Director

    • Tenure: 5.3yrs
  • François Auque (62yo)

    Independent Director

    • Tenure: 0.7yrs
  • Kim Perdikou (62yo)

    Independent Director

    • Tenure: 5.3yrs
  • Gadi Tirosh (53yo)

    Lead Independent Director

    • Tenure: 3.3yrs
  • Amnon Shoshani (55yo)

    Independent Director

    • Tenure: 9.9yrs
  • Udi Mokady (50yo)

    Founder

    • Tenure: 14.8yrs
    • Compensation: US$6.68m

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$3.743b
  • Shares outstanding: 37.74m
  • Website: https://www.cyberark.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CYBRNasdaqGS (Nasdaq Global Select)YesOrdinary SharesUSUSDSep 2014
CYBDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2014

Biography

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 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 00:37
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.