Kaltura (NasdaqGS:KLTR) - Share price, News & Analysis

KLTR fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

KLTR Stock Overview

Kaltura, Inc. provides various Software-as-a-Service products and solutions and a Platform-as-a-Service.

Rewards

Revenue is forecast to grow 10.17% per year

Revenue grew by 27.8% over the past year

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Kaltura Competitors

Veritone

NasdaqGM:VERI

US$244.5m

NextNav

NasdaqCM:NN

US$207.6m

Dave

NasdaqGM:DAVE

US$270.6m

Benefitfocus

NasdaqGM:BNFT

US$271.2m

Price History & Performance

Summary of all time highs, changes and price drops for Kaltura
Historical stock prices
Current Share Price	US$1.72
52 Week High	US$14.00
52 Week Low	US$1.32
Beta	0
1 Month Change	-6.52%
3 Month Change	1.18%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-85.67%

Shareholder Returns

	KLTR	US Software	US Market
7D	-14.0%	2.7%	0.7%
1Y	n/a	-22.2%	-18.4%

Return vs Industry: Insufficient data to determine how KLTR performed against the US Software industry.

Return vs Market: Insufficient data to determine how KLTR performed against the US Market.

Price Volatility

Is KLTR's price volatile compared to industry and market?
KLTR volatility
KLTR Average Weekly Movement	8.0%
Software Industry Average Movement	10.9%
Market Average Movement	8.2%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.4%

Stable Share Price: KLTR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: KLTR's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	758	Ron Yekutiel	https://www.kaltura.com

Kaltura, Inc. provides various Software-as-a-Service products and solutions and a Platform-as-a-Service. The company offers video products, such as webinars, virtual events, video sites, and virtual classrooms for video-based communication, collaboration, training, and customer experience; and video industry solutions, such as learning management system video and lecture capture solutions for educational institutions. It also provides a TV solution that allows to provide OTT advertising and subscription-based live and on-demand TV services for media companies and telecom operators.

Kaltura Fundamentals Summary

How do Kaltura's earnings and revenue compare to its market cap?
KLTR fundamental statistics
Market Cap	US$219.63m
Earnings (TTM)	-US$65.70m
Revenue (TTM)	US$169.02m

1.3x

P/S Ratio

-3.3x

P/E Ratio

Is KLTR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
KLTR income statement (TTM)
Revenue	US$169.02m
Cost of Revenue	US$62.18m
Gross Profit	US$106.84m
Other Expenses	US$172.54m
Earnings	-US$65.70m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.51
Gross Margin	63.21%
Net Profit Margin	-38.87%
Debt/Equity Ratio	50.6%

How did KLTR perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is KLTR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KLTR?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for KLTR. This is calculated by dividing KLTR's market cap by their current preferred multiple.
What is KLTR's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	US$219.63m

KLTR key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.8x
Enterprise Value/EBITDA	-3.9x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does KLTR's PS Ratio compare to its peers?

KLTR PS Ratio vs Peers

The above table shows the PS ratio for KLTR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PS	Estimated Growth	Market Cap
Peer Average	31.5x
VERI Veritone	1.9x	26.8%	US$244.5m
NN NextNav	121.4x	64.1%	US$207.6m
DAVE Dave	1.7x	27.3%	US$270.6m
BNFT Benefitfocus	1x	1.5%	US$271.2m
KLTR Kaltura	1.3x	10.2%	US$219.6m

Forward PS

Price-To-Sales vs Peers: KLTR is good value based on its Price-To-Sales Ratio (1.3x) compared to the peer average (31.5x).

Price to Earnings Ratio vs Industry

How does KLTR's PE Ratio compare vs other companies in the US Software Industry?

Price-To-Sales vs Industry: KLTR is good value based on its Price-To-Sales Ratio (1.3x) compared to the US Software industry average (4.6x)

Price to Sales Ratio vs Fair Ratio

What is KLTR's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KLTR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.3x
Fair PS Ratio	2.4x

Price-To-Sales vs Fair Ratio: KLTR is good value based on its Price-To-Sales Ratio (1.3x) compared to the estimated Fair Price-To-Sales Ratio (2.4x).

Share Price vs Fair Value

What is the Fair Price of KLTR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate KLTR's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate KLTR's fair value for valuation analysis.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KLTR's PEG Ratio to determine if it is good value.

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Future Growth

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

Future Growth Score

1/6

Future Growth Score 1/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

20.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: KLTR's revenue (10.2% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: KLTR's revenue (10.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: KLTR is forecast to be unprofitable in 3 years.

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Past Performance

How has Kaltura performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

19.8%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: KLTR is currently unprofitable.

Growing Profit Margin: KLTR is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if KLTR's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: KLTR is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (26.8%).

Return on Equity

High ROE: KLTR has a negative Return on Equity (-81.05%), as it is currently unprofitable.

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Financial Health

How is Kaltura's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: KLTR's short term assets ($156.8M) exceed its short term liabilities ($92.4M).

Long Term Liabilities: KLTR's short term assets ($156.8M) exceed its long term liabilities ($42.0M).

Debt to Equity History and Analysis

Debt Level: KLTR has more cash than its total debt.

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

Balance Sheet

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: KLTR has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KLTR has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 128.8% each year

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Dividend

What is Kaltura current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if KLTR's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as KLTR has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure

CEO

Ron Yekutiel (49 yo)

15.75yrs

Tenure

US$3,690,205

Compensation

Mr. Ron Yekutiel co-founded Kaltura Inc. in 2006 and serves as its Chief Executive Officer and Chairman since October 2006. Mr. Yekutiel co-founded Visualgate Systems Inc., and served as its President and...

CEO Compensation Analysis

Compensation vs Market: Ron's total compensation ($USD3.69M) is above average for companies of similar size in the US market ($USD1.83M).

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

Leadership Team

Experienced Management: KLTR's management team is considered experienced (2.8 years average tenure).

Board Members

Experienced Board: KLTR's board of directors are seasoned and experienced ( 15.5 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.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: KLTR only recently listed within the past 12 months.

Data	Last Updated (UTC time)
Company Analysis	2022/07/06 00:00
End of Day Share Price	2022/07/06 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31