CommVault Z Score
CVLT  Stock  USD 64.78 2.14 3.20% 
CommVault  Z Score 
CommVault Z Score Analysis
CommVault Systems' ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 
 
 
 

CommVault Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for CommVault Systems is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since CommVault Systems' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CommVault Systems' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CommVault Systems' interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
In accordance with the company's disclosures, CommVault Systems has a Z Score of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
CommVault Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CommVault Systems' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CommVault Systems could also be used in its relative valuation, which is a method of valuing CommVault Systems by comparing valuation metrics of similar companies.CommVault Systems is currently under evaluation in z score category among related companies.
CommVault Systems Current Valuation Drivers
We derive many important indicators used in calculating different scores of CommVault Systems from analyzing CommVault Systems' financial statements. These drivers represent accounts that assess CommVault Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CommVault Systems' important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  (21.8 K)  1.39 K  (2.22 K)  (11.59 K)  11.81 K  10.97 K  
Revenue Per Employee  246.35 K  277.83 K  264.13 K  270.86 K  270.22 K  253.54 K  
Average Assets  836.67 M  812.91 M  825.68 M  881.89 M  800.95 M  839.58 M  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  10.27 M  16.97 M  (6.09 M)  (12.04 M)  53.58 M  48.45 M  
Earnings Before Interest Taxes and Depreciation Amortization USD  9.45 M  22.49 M  4.52 M  (5.36 M)  54.47 M  44.3 M  
Earnings before Tax  (3.5 M)  10.43 M  (12.55 M)  (21.23 M)  43.41 M  46.84 M  
Average Equity  452.61 M  400.05 M  390.37 M  415.45 M  290.9 M  371.1 M  
Enterprise Value  2.26 B  2.64 B  1.62 B  2.68 B  2.74 B  2.77 B  
Free Cash Flow  77.12 M  103.62 M  85.26 M  115.78 M  173.27 M  145.16 M  
Invested Capital  163.69 M  168.12 M  78.16 M  44.19 M  39.23 M  40.27 M  
Invested Capital Average  197.54 M  159.55 M  119.11 M  61.15 M  51.74 M  78.45 M  
Market Capitalization  2.57 B  2.97 B  1.89 B  3.03 B  2.96 B  2.65 B  
Tangible Asset Value  818.64 M  822.45 M  686.29 M  791.74 M  684.76 M  773.81 M  
Working Capital  322.62 M  328.66 M  185.13 M  234.4 M  90.02 M  92.39 M 
CommVault Systems Institutional Holders
Institutional Holdings refers to the ownership stake in CommVault Systems that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CommVault Systems' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in highprofile magazines, and presentations at investor conferences help move the stock higher, increasing CommVault Systems' value.Security Type  Shares  Value  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  54.3 K  2.9 M  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  84.8 K  5.3 M  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  86.3 K  5.7 M  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  90.8 K  6.3 M  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  68.5 K  5.2 M  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  51.7 K  4 M  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  49.4 K  3.2 M 
CommVault Fundamentals
Return On Equity  0.09 %  
Return On Asset  0.0312 %  
Profit Margin  0.0328 %  
Operating Margin  0.049 %  
Current Valuation  2.73 B  
Shares Outstanding  44.53 M  
Shares Owned by Insiders  1.03 %  
Shares Owned by Institutions  94.28 %  
Number of Shares Shorted  855.23 K  
Price to Earning  123.34 X  
Price to Book  10.96 X  
Price to Sales  3.75 X  
Revenue  769.59 M  
Gross Profit  614.1 M  
EBITDA  54.47 M  
Net Income  33.62 M  
Cash and Equivalents  258.71 M  
Cash per Share  5.77 X  
Total Debt  13.91 M  
Debt to Equity  0.05 %  
Current Ratio  1.31 X  
Book Value Per Share  5.95 X  
Cash Flow from Operations  177.18 M  
Short Ratio  2.82 X  
Earnings Per Share  0.56 X  
Price to Earnings To Growth  2.26 X  
Target Price  68.6  
Number of Employees  2.85 K  
Beta  0.56  
Market Capitalization  2.98 B  
Total Asset  816.08 M  
Retained Earnings  (568.36 M)  
Working Capital  252.41 M  
Current Asset  517.38 M  
Current Liabilities  264.96 M  
Net Asset  816.08 M 
About CommVault Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CommVault Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CommVault Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CommVault Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey. Commvault Systems operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 2800 people.
CommVault Systems Investors Sentiment
The influence of CommVault Systems' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in CommVault. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to CommVault Systems' public news can be used to forecast risks associated with investment in CommVault. The trend in average sentiment can be used to explain how an investor holding CommVault can time the market purely based on public headlines and social activities around CommVault Systems. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
CommVault Systems' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CommVault Systems' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CommVault Systems' news discussions. The higher the estimated score, the more favorable is the investor's outlook on CommVault Systems.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CommVault Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CommVault Systems' short interest history, or implied volatility extrapolated from CommVault Systems options trading.
Pair Trading with CommVault Systems
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CommVault Systems position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CommVault Systems will appreciate offsetting losses from the drop in the long position's value.Moving against CommVault Systems
  0.8  TTD  Trade Desk  Downward Rally  PairCorr  
  0.76  ESTC  Elastic NV  Downward Rally  PairCorr  
  0.76  RIOT  Riot Blockchain  Normal Trading  PairCorr  
  0.73  SNOW  Snowflake  Trending  PairCorr 
The ability to find closely correlated positions to CommVault Systems could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace CommVault Systems when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CommVault Systems  that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CommVault Systems to buy it.
The correlation of CommVault Systems is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between 1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CommVault Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CommVault Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CommVault Systems can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Continue to CommVault Systems Piotroski F Score and CommVault Systems Valuation analysis. You can also try Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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When running CommVault Systems price analysis, check to measure CommVault Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CommVault Systems is operating at the current time. Most of CommVault Systems' value examination focuses on studying past and present price action to predict the probability of CommVault Systems' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CommVault Systems' price. Additionally, you may evaluate how the addition of CommVault Systems to your portfolios can decrease your overall portfolio volatility.
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Is CommVault Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CommVault Systems. If investors know CommVault will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CommVault Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY 1.64  Market Capitalization 3 B  Quarterly Revenue Growth YOY 0.057  Return On Assets 0.0312  Return On Equity 0.0921 
The market value of CommVault Systems is measured differently than its book value, which is the value of CommVault that is recorded on the company's balance sheet. Investors also form their own opinion of CommVault Systems' value that differs from its market value or its book value, called intrinsic value, which is CommVault Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CommVault Systems' market value can be influenced by many factors that don't directly affect CommVault Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CommVault Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine CommVault Systems value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CommVault Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.