Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. More Details
Excellent balance sheet and slightly overvalued.
Share Price & News
How has Varonis Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VRNS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: VRNS's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: VRNS exceeded the US Software industry which returned 38.3% over the past year.
Return vs Market: VRNS exceeded the US Market which returned 33% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Varonis Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAre Investors Undervaluing Varonis Systems, Inc. (NASDAQ:VRNS) By 32%?
1 month ago | Simply Wall StVaronis Systems (NASDAQ:VRNS) Has Debt But No Earnings; Should You Worry?
2 months ago | Simply Wall StImagine Holding Varonis Systems (NASDAQ:VRNS) Shares While The Price Zoomed 611% Higher
Is Varonis Systems undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VRNS ($67.61) is trading below our estimate of fair value ($101.74)
Significantly Below Fair Value: VRNS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VRNS is unprofitable, so we can't compare its PE Ratio to the US Software industry average.
PE vs Market: VRNS 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 VRNS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VRNS is overvalued based on its PB Ratio (12.7x) compared to the US Software industry average (7.5x).
How is Varonis Systems forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VRNS is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: VRNS is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: VRNS is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: VRNS's revenue (20.2% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: VRNS's revenue (20.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VRNS's Return on Equity is forecast to be low in 3 years time (7.3%).
How has Varonis Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VRNS is currently unprofitable.
Growing Profit Margin: VRNS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VRNS is unprofitable, and losses have increased over the past 5 years at a rate of 42.8% per year.
Accelerating Growth: Unable to compare VRNS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VRNS is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.1%).
Return on Equity
High ROE: VRNS has a negative Return on Equity (-18.73%), as it is currently unprofitable.
How is Varonis Systems's financial position?
Financial Position Analysis
Short Term Liabilities: VRNS's short term assets ($897.0M) exceed its short term liabilities ($181.6M).
Long Term Liabilities: VRNS's short term assets ($897.0M) exceed its long term liabilities ($280.4M).
Debt to Equity History and Analysis
Debt Level: VRNS's debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if VRNS's debt to equity ratio has reduced over the past 5 years.
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: Whilst unprofitable VRNS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VRNS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.9% per year.
What is Varonis Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VRNS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VRNS'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 VRNS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VRNS'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 VRNS'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
Yaki Faitelson (46 yo)
Mr. Yakov Faitelson, also known as Yaki, Co-founded Varonis Systems, Inc. in 2004 and has been its Chairman, Chief Executive Officer and President since 2004. Mr. Faitelson is responsible for leading the m...
CEO Compensation Analysis
Compensation vs Market: Yaki 's total compensation ($USD6.20M) is about average for companies of similar size in the US market ($USD6.43M).
Compensation vs Earnings: Yaki 's compensation has been consistent with company performance over the past year.
Experienced Management: VRNS's management team is considered experienced (4.4 years average tenure).
Experienced Board: VRNS's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VRNS 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 13%.
Varonis Systems, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Varonis Systems, Inc.
- Ticker: VRNS
- Exchange: NasdaqGS
- Founded: 2004
- Industry: Systems Software
- Sector: Software
- Market Cap: US$7.065b
- Shares outstanding: 106.92m
- Website: https://www.varonis.com
Number of Employees
- Varonis Systems, Inc.
- 1250 Broadway
- 29th Floor
- New York
- New York
- United States
Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. I...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/21 22:20|
|End of Day Share Price||2021/09/21 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.