COMMVAULT SYSTEMS INC (CVLT) Stock Fundamental Analysis
NASDAQ:CVLT - Nasdaq - US2041661024 - Common Stock - Currency: USD
CVLT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 282 industry peers in the Software industry. CVLT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CVLT is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make CVLT suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year CVLT was profitable.
In the past year CVLT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: CVLT reported negative net income in multiple years.
Each year in the past 5 years CVLT had a positive operating cash flow.
1.2 Ratios
CVLT has a Return On Assets of 6.81%. This is in the better half of the industry: CVLT outperforms 78.37% of its industry peers.
With an excellent Return On Equity value of 23.41%, CVLT belongs to the best of the industry, outperforming 88.65% of the companies in the same industry.
CVLT has a better Return On Invested Capital (12.35%) than 89.72% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CVLT is in line with the industry average of 12.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.81% | ||
| ROE | 23.41% | ||
| ROIC | 12.35% |
ROA(3y)6.71%
ROA(5y)4.16%
ROE(3y)21.64%
ROE(5y)14.04%
ROIC(3y)12.45%
ROIC(5y)10.45%
1.3 Margins
CVLT has a Profit Margin of 7.64%. This is in the better half of the industry: CVLT outperforms 75.18% of its industry peers.
In the last couple of years the Profit Margin of CVLT has grown nicely.
With a decent Operating Margin value of 8.84%, CVLT is doing good in the industry, outperforming 74.82% of the companies in the same industry.
CVLT's Operating Margin has improved in the last couple of years.
CVLT has a better Gross Margin (82.02%) than 87.94% of its industry peers.
CVLT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.84% | ||
| PM (TTM) | 7.64% | ||
| GM | 82.02% |
OM growth 3Y12.49%
OM growth 5Y69.82%
PM growth 3Y20.53%
PM growth 5YN/A
GM growth 3Y-1.26%
GM growth 5Y-0.13%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CVLT is still creating some value.
Compared to 1 year ago, CVLT has more shares outstanding
Compared to 5 years ago, CVLT has less shares outstanding
There is no outstanding debt for CVLT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 5.53 indicates that CVLT is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 5.53, CVLT is doing good in the industry, outperforming 70.92% of the companies in the same industry.
There is no outstanding debt for CVLT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.53 |
ROIC/WACC1.15
WACC10.76%
2.3 Liquidity
A Current Ratio of 1.14 indicates that CVLT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.14, CVLT is doing worse than 67.38% of the companies in the same industry.
A Quick Ratio of 1.14 indicates that CVLT should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.14, CVLT is not doing good in the industry: 67.02% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.07% over the past year.
CVLT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.11% yearly.
The Revenue has grown by 18.62% in the past year. This is quite good.
The Revenue has been growing by 8.21% on average over the past years. This is quite good.
EPS 1Y (TTM)22.07%
EPS 3Y13.14%
EPS 5Y20.11%
EPS Q2Q%30.38%
Revenue 1Y (TTM)18.62%
Revenue growth 3Y8.96%
Revenue growth 5Y8.21%
Sales Q2Q%23.17%
3.2 Future
Based on estimates for the next years, CVLT will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.30% on average per year.
Based on estimates for the next years, CVLT will show a quite strong growth in Revenue. The Revenue will grow by 9.98% on average per year.
EPS Next Y17.95%
EPS Next 2Y16.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.17%
Revenue Next 2Y13.46%
Revenue Next 3Y9.73%
Revenue Next 5Y9.98%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CVLT is valuated quite expensively with a Price/Earnings ratio of 45.68.
Based on the Price/Earnings ratio, CVLT is valued a bit cheaper than 62.06% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.51, CVLT is valued quite expensively.
Based on the Price/Forward Earnings ratio of 38.73, the valuation of CVLT can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CVLT is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of CVLT to the average of the S&P500 Index (35.58), we can say CVLT is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.68 | ||
| Fwd PE | 38.73 |
4.2 Price Multiples
60.99% of the companies in the same industry are more expensive than CVLT, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, CVLT is valued a bit cheaper than 69.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.45 | ||
| EV/EBITDA | 74.55 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CVLT does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of CVLT may justify a higher PE ratio.
A more expensive valuation may be justified as CVLT's earnings are expected to grow with 16.30% in the coming years.
PEG (NY)2.55
PEG (5Y)2.27
EPS Next 2Y16.3%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for CVLT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
166.73
-2.85 (-1.68%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners102.7%
Inst Owner Change0%
Ins Owners0.8%
Ins Owner Change1.23%
Market Cap7.42B
Analysts78.89
Price Target190.16 (14.05%)
Short Float %4.03%
Short Ratio3.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.19%
Min EPS beat(2)5.64%
Max EPS beat(2)8.73%
EPS beat(4)4
Avg EPS beat(4)8.83%
Min EPS beat(4)5.64%
Max EPS beat(4)13.51%
EPS beat(8)8
Avg EPS beat(8)7.83%
EPS beat(12)10
Avg EPS beat(12)6.89%
EPS beat(16)13
Avg EPS beat(16)6.24%
Revenue beat(2)2
Avg Revenue beat(2)3.79%
Min Revenue beat(2)2.75%
Max Revenue beat(2)4.83%
Revenue beat(4)4
Avg Revenue beat(4)3.34%
Min Revenue beat(4)2.19%
Max Revenue beat(4)4.83%
Revenue beat(8)7
Avg Revenue beat(8)2.25%
Revenue beat(12)8
Avg Revenue beat(12)1.25%
Revenue beat(16)9
Avg Revenue beat(16)0.62%
PT rev (1m)1.87%
PT rev (3m)4.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.11%
EPS NY rev (1m)0%
EPS NY rev (3m)4.73%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.68 | ||
| Fwd PE | 38.73 | ||
| P/S | 7.46 | ||
| P/FCF | 36.45 | ||
| P/OCF | 35.79 | ||
| P/B | 22.83 | ||
| P/tB | 62.31 | ||
| EV/EBITDA | 74.55 |
EPS(TTM)3.65
EY2.19%
EPS(NY)4.31
Fwd EY2.58%
FCF(TTM)4.57
FCFY2.74%
OCF(TTM)4.66
OCFY2.79%
SpS22.36
BVpS7.3
TBVpS2.68
PEG (NY)2.55
PEG (5Y)2.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.81% | ||
| ROE | 23.41% | ||
| ROCE | 15.63% | ||
| ROIC | 12.35% | ||
| ROICexc | 26.63% | ||
| ROICexgc | 126.17% | ||
| OM | 8.84% | ||
| PM (TTM) | 7.64% | ||
| GM | 82.02% | ||
| FCFM | 20.45% |
ROA(3y)6.71%
ROA(5y)4.16%
ROE(3y)21.64%
ROE(5y)14.04%
ROIC(3y)12.45%
ROIC(5y)10.45%
ROICexc(3y)39.74%
ROICexc(5y)33.46%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)15.76%
ROCE(5y)13.23%
ROICexcg growth 3Y-8.14%
ROICexcg growth 5Y58.13%
ROICexc growth 3Y2.91%
ROICexc growth 5Y71.5%
OM growth 3Y12.49%
OM growth 5Y69.82%
PM growth 3Y20.53%
PM growth 5YN/A
GM growth 3Y-1.26%
GM growth 5Y-0.13%
F-Score7
Asset Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 40.88% | ||
| Cap/Sales | 0.38% | ||
| Interest Coverage | 347.95 | ||
| Cash Conversion | 213.31% | ||
| Profit Quality | 267.56% | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 5.53 |
F-Score7
WACC10.76%
ROIC/WACC1.15
Cap/Depr(3y)44.84%
Cap/Depr(5y)44.31%
Cap/Sales(3y)0.42%
Cap/Sales(5y)0.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.07%
EPS 3Y13.14%
EPS 5Y20.11%
EPS Q2Q%30.38%
EPS Next Y17.95%
EPS Next 2Y16.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)18.62%
Revenue growth 3Y8.96%
Revenue growth 5Y8.21%
Sales Q2Q%23.17%
Revenue Next Year15.17%
Revenue Next 2Y13.46%
Revenue Next 3Y9.73%
Revenue Next 5Y9.98%
EBIT growth 1Y10.19%
EBIT growth 3Y22.58%
EBIT growth 5Y83.77%
EBIT Next Year19.17%
EBIT Next 3Y3.33%
EBIT Next 5YN/A
FCF growth 1Y1.96%
FCF growth 3Y5.52%
FCF growth 5Y19.01%
OCF growth 1Y1.76%
OCF growth 3Y5.38%
OCF growth 5Y18.57%