I’ve been keeping an eye on CyberArk Software Ltd. (NASDAQ:CYBR) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe CYBR has a lot to offer. Basically, it is a company with great financial health as well as a a great history of performance. In the following section, I expand a bit more on these key aspects. If you’re interested in understanding beyond my broad commentary, take a look at the report on CyberArk Software here.
Flawless balance sheet with proven track record
CYBR delivered a triple-digit bottom-line expansion over the past couple of years, with its most recent earnings level surpassing its average level over the last five years. In addition to beating its historical values, CYBR also outperformed its industry, which delivered a growth of 38%. This paints a buoyant picture for the company. CYBR is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that CYBR manages its cash and cost levels well, which is a crucial insight into the health of the company. Looking at CYBR’s capital structure, the company has no debt on its balance sheet. This implies that the company is running its operations purely on off equity funding. which is rather impressive for a US$3.8b market cap company. Therefore the company has plenty of headroom to grow, and the ability to raise debt should it need to in the future.
For CyberArk Software, I’ve compiled three important aspects you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for CYBR’s future growth? Take a look at our free research report of analyst consensus for CYBR’s outlook.
- Valuation: What is CYBR worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether CYBR is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CYBR? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.