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Varonis SystemsBSP:V2RN34 -0.17%48 EV-to-FCF is 5.03 as of Aug. 25, 2026, which is 92% below its 10-year median of 66.99. GuruFocus rates BSP:V2RN34 with a GF Score™ of 48/100 and a GF Value™ of R$48.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,595 Software companies, Varonis Systems ranks worse than 78.43% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Varonis Systems's Enterprise Value is R$3,146 Mil.
Varonis Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was R$625 Mil. Therefore, Varonis Systems's EV-to-FCF for today is 5.03.
The historical rank and industry rank for Varonis Systems's EV-to-FCF or its related term are showing as below:
BSP:V2RN34'
s EV-to-FCF Range Over the Past 10 Years
Min: -3183.81 Med: 66.99 Max: 5550.54
Current: 38.31
During the past 13 years, the highest EV-to-FCF of Varonis Systems was 5550.54. The lowest was -3183.81. And the median was 66.99.
BSP:V2RN34's EV-to-FCF is ranked worse than 78.43% of 1595
companies
in the Software industry
Industry Median: 15.63
vs BSP:V2RN34: 38.31
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Varonis Systems (BSP:V2RN34) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Varonis Systems's PE Ratio (TTM) for today is calculated as:
Varonis Systems's share price for today is R$35.57.
Varonis Systems's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-6.477.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Varonis Systems EV-to-FCF Related Terms
Varonis Systems EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Varonis Systems's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BSP:V2RN34 vs GTLB, DOX, PATH: EV-to-FCF Comparison
For the Software - Infrastructure subindustry, Varonis Systems's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Varonis Systems EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Varonis Systems's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Varonis Systems's EV-to-FCF falls into.
Varonis Systems's current Enterprise Value is R$3,146 Mil.
Varonis Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$625 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Varonis Systems (BSP:V2RN34) has a EV-to-FCF of 5.03 as of Aug. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Varonis Systems and its competitors. This is 92% below median its historical median of 66.99. According to the industry distribution chart, Varonis Systems ranks #1251 out of 1595 companies in the Software industry, placing it in the top 78.4%.
Is Varonis Systems' EV-to-FCF too high?
Varonis Systems' current EV-to-FCF of 5.03 is 92% below median its 10-year median of 66.99. The Software industry median EV-to-FCF is 15.63. Varonis Systems' value of 5.03 is 67.8% below this industry median. Based on the distribution chart, Varonis Systems ranks #1251 out of 1595 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Varonis Systems has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Varonis Systems' EV-to-FCF compare to GTLB and DOX?
According to the Software industry distribution chart, Varonis Systems ranks #1251 out of 1595 companies for EV-to-FCF. This places Varonis Systems in the lower half of its industry. The industry median EV-to-FCF is 15.63. Varonis Systems' value of 5.03 is 67.8% below this benchmark. While the company's 10-year median is 66.99 vs. the industry median of 15.63, Varonis Systems has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Software company?
The median EV-to-FCF among Software companies is 15.63, based on 1,595 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Varonis Systems's current EV-to-FCF of 5.03 is 67.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Varonis Systems and its competitors. For the Software industry, the median EV-to-FCF is 15.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varonis Systems's current EV-to-FCF is 5.03, which is 92% below median its own 10-year median of 66.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varonis Systems stock overvalued right now?
Based on GuruFocus' analysis, Varonis Systems (BSP:V2RN34) is currently considered Fairly Valued. The stock's GF Value™ is R$48.42, compared to a current price of R$35.57 — trading 26.5% below its estimated fair value. The current EV-to-FCF is 5.03, which is 92% below median its 10-year median of 66.99 and 67.8% below the Software industry median of 15.63. Varonis Systems' overall GF Score™ is 48/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Varonis Systems (BSP:V2RN34), the current EV-to-FCF is 5.03 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Varonis Systems (BSP:V2RN34) Overvalued in 2026?
Based on GuruFocus' analysis, Varonis Systems stock appears to be undervalued.
The current stock price of R$35.57 is trading 26.5% below its estimated GF Value™ of R$48.42.
GuruFocus considers Varonis Systems to be Fairly Valued.
Key valuation signals for BSP:V2RN34:
EV-to-FCF: 5.03 (92% below median its 10-year median of 66.99)
GF Value™: R$48.42 vs. price of R$35.57 (26.5% below fair value)
Industry Position: 67.8% below the Software median (#1251 of 1595)
No single metric tells the full story. See the BSP:V2RN34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
48GF Score
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