CommVault Systems, Inc. (CVLT) vs Ringcentral, Inc. (RNG)

CommVault Systems, Inc. and Ringcentral, Inc. are both Software Application companies. CommVault Systems, Inc. and Ringcentral, Inc. are of similar size ($6.7B and $6.2B). Ringcentral, Inc. trades at the lower P/E: 59.0× against 92.1×. CommVault Systems, Inc. grew revenue faster over the last twelve months: 15.5% against 5.22%. CommVault Systems, Inc. has the higher net margin (5.62% vs 4.27%) and the higher return on invested capital (1,126.5% vs 27.2%). Across the 20 metrics below, Ringcentral, Inc. leads on 13 and CommVault Systems, Inc. on 7.

Valuation

Metric CVLT RNG Software Application median
P/E 92.11 59.04 24.79
P/S 4.95 2.48 2.67
P/B 115.61 n/m 3.01
Price to free cash flow 23.28 11.15 16.59
EV/EBITDA 42.67 13.13 14.40
EV/Sales 4.91 2.87 2.62
Earnings yield 1.09% 1.69% 0.00%
Free cash flow yield 4.30% 8.97% 1.91%

Profitability

Metric CVLT RNG Software Application median
Gross margin 81.09% 71.83% 67.03%
Operating margin 6.14% 6.72% 0.00%
Net margin 5.62% 4.27% 0.00%
Free cash flow margin 21.26% 22.31% 4.32%
Return on equity 32.77% (20.10%) 0.00%
Return on assets 4.45% 7.38% 0.00%
Return on invested capital 1,126.48% 27.20% 0.00%

Growth

Metric CVLT RNG Software Application median
Revenue growth (TTM) 15.47% 5.22% 12.40%
EPS growth (last fiscal year) (5.95%) 176.19% —
Revenue growth, 5-year CAGR 10.35% 16.27% 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CVLT RNG Software Application median
Debt to equity 16.94 (1.84) 0.02
Current ratio 2.04 1.11 1.55
Net debt to EBITDA (0.14) 2.19 0.06

Dividend

Metric CVLT RNG Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric CVLT RNG Software Application median
Market cap 6.22b 6.67b 396.11m

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