Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Varonis Systems's share price for the quarter that ended in Mar. 2026 was MXN424.59. Varonis Systems's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 115 Mil. Therefore, Varonis Systems's market cap for the quarter that ended in Mar. 2026 was MXN48,749 Mil.
Varonis Systems's quarterly market cap
increased
from Sep. 2025 (MXN0 Mil) to Dec. 2025 (MXN70,022 Mil) but then
declined
from Dec. 2025 (MXN70,022 Mil) to Mar. 2026 (MXN48,749 Mil).
Varonis Systems's annual market cap
stayed the same
from Dec. 2023 (MXN0 Mil) to Dec. 2024 (MXN0 Mil) but then
increased
from Dec. 2024 (MXN0 Mil) to Dec. 2025 (MXN70,022 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Varonis Systems's Enterprise Value for Today is MXN76,245 Mil.
Varonis Systems (MEX:VRNS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Varonis Systems Market Cap Related Terms
Varonis Systems Market Cap Historical Data
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The historical data trend for Varonis Systems's Market Cap 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.
MEX:VRNS vs RELY, ZETA, WEX: Market Cap Comparison
For the Software - Infrastructure subindustry, Varonis Systems's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Software Industry
For the Software industry and Technology sector, Varonis Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where Varonis Systems's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Varonis Systems's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (MEX:VRNS) has a Market Cap of MXN81,057 Mil as of Jun. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Varonis Systems and its competitors. According to the industry distribution chart, Varonis Systems ranks #174 out of 2929 companies in the Software industry, placing it in the top 5.9%.
Is Varonis Systems' Market Cap too high?
Varonis Systems' current Market Cap is MXN81,057 Mil. Based on the distribution chart, Varonis Systems ranks #174 out of 2929 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Varonis Systems has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Varonis Systems' Market Cap compare to RELY and ZETA?
According to the Software industry distribution chart, Varonis Systems ranks #174 out of 2929 companies for Market Cap. This places Varonis Systems in the top 6% of its industry — outperforming the majority of peers. The industry median Market Cap is 65.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Software company?
The median Market Cap among Software companies is 65.87, based on 2,929 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Varonis Systems and its competitors. For the Software industry, the median Market Cap is 65.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varonis Systems's current Market Cap is MXN81,057 Mil. 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?
Varonis Systems (MEX:VRNS) has a current Market Cap of MXN81,057 Mil. The stock's GF Value™ is MXN573.93, compared to a current price of MXN424.59 — trading 26% below its estimated fair value. The current Market Cap is MXN81,057 Mil. Varonis Systems' overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Varonis Systems (MEX:VRNS), the current Market Cap is MXN81,057 Mil as of Jun. 29, 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 (MEX:VRNS) Overvalued in 2026?
Based on GuruFocus' analysis, Varonis Systems stock appears to be undervalued.
The current stock price of MXN424.59 is trading 26% below its estimated GF Value™ of MXN573.93.
Key valuation signals for MEX:VRNS:
Market Cap: MXN81,057 Mil
GF Value™: MXN573.93 vs. price of MXN424.59 (26% below fair value)
No single metric tells the full story. See the MEX:VRNS 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.
74GF Score
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