Radware Ltd. develops, manufactures, and markets cyber security and application delivery solutions for applications in physical, virtual, cloud, and software defined data centers worldwide.
Flawless balance sheet with solid track record.
Share Price & News
How has Radware's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RDWR's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: RDWR exceeded the US Communications industry which returned -9.8% over the past year.
Return vs Market: RDWR underperformed the US Market which returned 9.2% over the past year.
Price Volatility Vs. Market
How volatile is Radware's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StShould We Worry About Radware Ltd.'s (NASDAQ:RDWR) P/E Ratio?
2 weeks ago | Simply Wall StDoes The Radware Ltd. (NASDAQ:RDWR) Share Price Tend To Follow The Market?
3 weeks ago | Simply Wall StShould You Worry About Radware Ltd.’s (NASDAQ:RDWR) ROCE?
Is Radware undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RDWR ($23.77) is trading above our estimate of fair value ($18.06)
Significantly Below Fair Value: RDWR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RDWR is poor value based on its PE Ratio (53.7x) compared to the Communications industry average (38.3x).
PE vs Market: RDWR is poor value based on its PE Ratio (53.7x) compared to the US market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: RDWR is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: RDWR is overvalued based on its PB Ratio (2.9x) compared to the US Communications industry average (1.8x).
How is Radware forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RDWR's forecast earnings growth (27.3% per year) is above the savings rate (2.2%).
Earnings vs Market: RDWR's earnings (27.3% per year) are forecast to grow faster than the US market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RDWR's revenue (6.8% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: RDWR's revenue (6.8% 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 RDWR's Return on Equity is forecast to be high in 3 years time
How has Radware performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RDWR has high quality earnings.
Growing Profit Margin: RDWR's current net profit margins (8.3%) are higher than last year (7.1%).
Past Earnings Growth Analysis
Earnings Trend: RDWR's earnings have grown by 1.6% per year over the past 5 years.
Accelerating Growth: RDWR's earnings growth over the past year (21.3%) exceeds its 5-year average (1.6% per year).
Earnings vs Industry: RDWR earnings growth over the past year (21.3%) exceeded the Communications industry -28.8%.
Return on Equity
High ROE: RDWR's Return on Equity (5.4%) is considered low.
How is Radware's financial position?
Financial Position Analysis
Short Term Liabilities: RDWR's short term assets ($218.1M) exceed its short term liabilities ($134.3M).
Long Term Liabilities: RDWR's short term assets ($218.1M) exceed its long term liabilities ($89.7M).
Debt to Equity History and Analysis
Debt Level: RDWR is debt free.
Reducing Debt: RDWR has not had any debt for past 5 years.
Debt Coverage: RDWR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RDWR has no debt, therefore coverage of interest payments is not a concern.
What is Radware's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RDWR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RDWR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RDWR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RDWR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RDWR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Roy Zisapel (48yo)
Mr. Roy Zisapel has been President, Chief Executive Officer, and Director of Radware Ltd. since its inception in May 1996. He serves as Chief Executive Officer at Radware Canada Holdings Inc. Before foundi ...
CEO Compensation Analysis
Compensation vs Market: Roy's total compensation ($USD2.73M) is about average for companies of similar size in the US market ($USD3.13M).
Compensation vs Earnings: Roy's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||4.75yrs||US$765.00k||no data|
|Chief Operating Officer||6.25yrs||US$657.00k||no data|
|Chief Business Officer||1yr||US$1.50m||no data|
|Co-Founder & Chairman||10.58yrs||no data||9.18% $101.1m|
|CTO & VP of Advanced Services||4.42yrs||US$491.00k||no data|
|Vice President of Investor Relations||no data||no data||no data|
|VP & General Counsel||0.83yr||no data||no data|
|Chief Marketing Officer||3.5yrs||US$908.00k||no data|
|Vice President of Global Human Resources||no data||no data||no data|
Experienced Management: RDWR's management team is considered experienced (4.4 years average tenure).
|Co-Founder & Chairman||10.58yrs||no data||9.18% $101.1m|
|Director||10.92yrs||no data||no data|
|Independent Director||10.67yrs||no data||no data|
|Independent Director||10.92yrs||no data||no data|
|Independent Director||6.42yrs||no data||no data|
|Independent Director||9.67yrs||no data||no data|
|Independent Director||0.083yr||no data||no data|
Experienced Board: RDWR's board of directors are seasoned and experienced ( 10.6 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Radware Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Radware Ltd.
- Ticker: RDWR
- Exchange: NasdaqGS
- Founded: 1996
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$1.101b
- Shares outstanding: 46.34m
- Website: https://www.radware.com
Number of Employees
- Radware Ltd.
- 22 Raoul Wallenberg Street
- Tel Aviv
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RDWR||NasdaqGS (Nasdaq Global Select)||Yes||Ordinary Shares||US||USD||Sep 1999|
|RWA||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Sep 1999|
Radware Ltd. develops, manufactures, and markets cyber security and application delivery solutions for applications in physical, virtual, cloud, and software defined data centers worldwide. The company offers DefensePro, a real-time network attack prevention device; AppWall, a Web application firewall; and DefenseFlow, a cyber-command and control application. It also provides Alteon D Line, an application delivery controller/load balancer for Web, cloud, and mobile based applications; and LinkProof NG, a multi-homing and enterprise gateway solution for connectivity of enterprise and cloud-based applications. In addition, the company offers Security Updates Subscription, which provides security updates to protect customers against the latest threats; ERT Active Attackers Feed that provides customers with information pertaining to attack sources recently involved in DDoS attacks; Alteon Global Elastic License that captures application lifecycle for large ADC deployments; APSolute Vision, a management and monitoring tool for company’s application delivery and cyber security solutions; and MSSP Portal, a DDoS detection and mitigation service portal. Further, it provides Cloud DDoS Protection Service, which offers a range of enterprise-grade DDoS protection services in the cloud, as well as technical support, professional, managed, and training and certification services to its customers. The company sells its products primarily to independent distributors, including value added resellers, original equipment manufacturers, and system integrators. Radware Ltd. was founded in 1996 and is headquartered in Tel Aviv, Israel.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 03:04|
|End of Day Share Price||2020/06/04 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.