VRNS (VRNS)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$4.87B
EV / Sales7.08
EV / EBITDA-42.46
EV / Operating Cash Flow35.25
EV / Free Cash Flow39.95

Return Metrics (TTM)

Return on Equity (ROE)-26.91%
Return on Assets (ROA)-8.55%
Return on Invested Capital (ROIC)-14.02%
Return on Capital Employed (ROCE)-14.43%

Yield Metrics

Earnings Yield-3.07%
Free Cash Flow Yield2.66%

Balance Sheet Strength

Net Debt / EBITDA-2.46
Current Ratio1.65
Working Capital$391.01M
Tangible Asset Value$173.41M
Net Current Asset Value-$212.95M

Working Capital Efficiency

Days Sales Outstanding80.04
Days Payables Outstanding0.00
Operating Cycle (Days)80.04
Cash Conversion Cycle80.04

Capital Allocation

CapEx / Revenue2.36%
CapEx / Operating Cash Flow11.77%
R&D / Revenue39.31%
SG&A / Revenue59.60%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin79.14%
Operating Margin-23.50%
Net Profit Margin-20.74%

Solvency

Debt / Equity0.96
Quick Ratio1.97
Cash Ratio0.31

Per Share

Revenue / Share$4.83
FCF / Share$1.04
PE Ratio-29.03