CYREN Ltd., together with its subsidiaries, provides information security solutions for protecting Web, email, and mobile transactions in the United States, Europe, the Asia Pacific, Israel, and internationally.
+ 1 more risk
Overvalued with concerning outlook.
Share Price & News
How has CYREN's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CYRN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CYRN underperformed the US Software industry which returned 20.4% over the past year.
Return vs Market: CYRN underperformed the US Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is CYREN's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StWhat Kind Of Risk Should You Expect For CYREN Ltd (NASDAQ:CYRN)?
1 year ago | Simply Wall StShould You Buy CYREN Ltd (NASDAQ:CYRN) Now?
2 years ago | Simply Wall StA Look At CYREN Ltd (NASDAQ:CYRN) And The Tech Sector
Is CYREN undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CYRN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CYRN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CYRN is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: CYRN 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 CYRN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CYRN is good value based on its PB Ratio (2.9x) compared to the US Software industry average (5.3x).
How is CYREN forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CYRN is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CYRN is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CYRN is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: CYRN's revenue (8.7% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: CYRN's revenue (8.7% 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 CYRN's Return on Equity is forecast to be high in 3 years time
How has CYREN performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CYRN is currently unprofitable.
Growing Profit Margin: CYRN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CYRN is unprofitable, and losses have increased over the past 5 years at a rate of -29.2% per year.
Accelerating Growth: Unable to compare CYRN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CYRN is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (18.4%).
Return on Equity
High ROE: CYRN has a negative Return on Equity (-90%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is CYREN's financial position?
Financial Position Analysis
Short Term Liabilities: CYRN's short term assets ($15.3M) do not cover its short term liabilities ($17.1M).
Long Term Liabilities: CYRN's short term assets ($15.3M) do not cover its long term liabilities ($23.0M).
Debt to Equity History and Analysis
Debt Level: CYRN's debt to equity ratio (49.3%) is considered high.
Reducing Debt: CYRN's debt to equity ratio has increased from 16% to 49.3% over the past 5 years.
Inventory Level: CYRN has a high level of physical assets or inventory.
Debt Coverage by Assets: CYRN's debt is covered by short term assets (assets are 1.5x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CYRN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CYRN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -31.4% each year
What is CYREN's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate CYRN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CYRN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CYRN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CYRN'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 CYRN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brett Jackson (58yo)
Mr. Brett M. Jackson has been Chief Executive Officer of CYREN Ltd. since May 6, 2019. Mr. Jackson serves on the board of the Shenandoah National Park Trust. He had been the Chief Executive Officer at Digi ...
|Chief Financial Officer||5.9yrs||US$474.60k||0.042% $28.2k|
|Chief Strategy Officer & Executive VP of Advanced Solutions||0.8yrs||US$965.92k||0.31% $208.1k|
|Vice President of Sales - North America||1.6yrs||US$419.72k||0.031% $20.7k|
|Chief Executive Officer||0.8yrs||no data||no data|
|Chief Technology Officer||0.8yrs||no data||no data|
|VP, General Counsel & Corporate Secretary||3.8yrs||US$353.00k||0.015% $10.2k|
|Vice President of Marketing||4.1yrs||US$287.00k||0.023% $15.6k|
|Vice President of Human Resources||6.3yrs||no data||0.011% $7.1k|
Experienced Management: CYRN's management team is considered experienced (2.7 years average tenure).
|External Director||2.8yrs||US$55.00k||0.0084% $5.7k|
|Lead Director||4.2yrs||US$110.00k||0.067% $45.2k|
|Independent Director||8yrs||US$55.00k||0.042% $28.2k|
|External Director||6.6yrs||US$55.00k||0.042% $28.2k|
|Independent Director||11.9yrs||US$55.00k||0.12% $83.5k|
Experienced Board: CYRN's board of directors are considered experienced (3.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CYRN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.1%.
CYREN Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: CYREN Ltd.
- Ticker: CYRN
- Exchange: NasdaqCM
- Founded: 1991
- Industry: Systems Software
- Sector: Software
- Market Cap: US$67.031m
- Shares outstanding: 59.32m
- Website: https://www.cyren.com
Number of Employees
- CYREN Ltd.
- 1430 Spring Hill Road
- Suite 330
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CYRN||NasdaqCM (Nasdaq Capital Market)||Yes||Ordinary Shares||US||USD||Jul 1999|
|TOU||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 1999|
CYREN Ltd., together with its subsidiaries, provides information security solutions for protecting Web, email, and mobile transactions in the United States, Europe, the Asia Pacific, Israel, and internationally. The company operates Cyren Cloud Security, a SaaS security platform, which provides Internet security services, including Web Security that provides the enforcement of Web policy and state-of-the-art threat protection for business users; DNS Security, which allows businesses to protect employees at headquarters, visitors in remote offices, customers at retail stores, or students on a campus; Email Security, a cloud-based secure email gateway; and Cloud Sandboxing that protects businesses against breaches and data loss from threats. It also operates Cyren Threat Intelligence Services, a platform that offers cloud-based cyber threat detection APIs and SDKs to technology and security vendors. The company’s threat intelligence services comprise embedded email and Web security services; Endpoint Security, which detects malware on various endpoints, including mobile devices and embedded operating system devices; and advanced threat protection services, such as tools for combating mobile malware, ransomware, and other Web-borne threats. CYREN Ltd. sells its products through direct and indirect channels, including value added resellers and managed service providers to enterprise customers and original equipment manufacturers. The company was formerly known as Commtouch Software Ltd. and changed its name to CYREN Ltd. in January 2014. CYREN Ltd. was founded in 1991 and is headquartered in McLean, Virginia. CYREN Ltd. is a subsidiary of WP XII Investments B.V.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:28|
|End of Day Share Price||2020/02/27 00:00|
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.