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CYREN

Nasdaq:CYRN
Snowflake Description

Overvalued with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CYRN
Nasdaq
$98M
Market Cap
  1. Home
  2. US
  3. Software
Company description

CYREN Ltd., together with its subsidiaries, provides information security solutions for protecting Web, email, and mobile transactions in the United States, Europe, the Asia Pacific, Israel, and internationally. The last earnings update was 4 days ago. More info.


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CYRN Share Price and Events
7 Day Returns
-2.4%
NasdaqCM:CYRN
2.5%
US Software
0.7%
US Market
1 Year Returns
-43.7%
NasdaqCM:CYRN
29.9%
US Software
12.9%
US Market
CYRN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CYREN (CYRN) -2.4% 6.9% 11.4% -43.7% -24.5% 9.2%
US Software 2.5% 8.7% 5.7% 29.9% 116.8% 154.6%
US Market 0.7% 4.4% 7% 12.9% 39.5% 44.7%
1 Year Return vs Industry and Market
  • CYRN underperformed the Software industry which returned 29.9% over the past year.
  • CYRN underperformed the Market in United States of America which returned 12.9% over the past year.
Price Volatility
CYRN
Industry
5yr Volatility vs Market
Related Companies

Value

 Is CYREN undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for CYREN. This is due to cash flow or dividend data being unavailable. The share price is $1.66.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for CYREN's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CYREN's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:CYRN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-0.34
NasdaqCM:CYRN Share Price ** NasdaqCM (2019-11-15) in USD $1.66
United States of America Software Industry PE Ratio Median Figure of 71 Publicly-Listed Software Companies 44.43x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of CYREN.

NasdaqCM:CYRN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:CYRN Share Price ÷ EPS (both in USD)

= 1.66 ÷ -0.34

-4.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CYREN is loss making, we can't compare its value to the US Software industry average.
  • CYREN is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does CYREN's expected growth come at a high price?
Raw Data
NasdaqCM:CYRN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.94x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
29%per year
United States of America Software Industry PEG Ratio Median Figure of 59 Publicly-Listed Software Companies 2.58x
United States of America Market PEG Ratio Median Figure of 2,031 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for CYREN, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CYREN's assets?
Raw Data
NasdaqCM:CYRN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $0.37
NasdaqCM:CYRN Share Price * NasdaqCM (2019-11-15) in USD $1.66
United States of America Software Industry PB Ratio Median Figure of 214 Publicly-Listed Software Companies 5.84x
United States of America Market PB Ratio Median Figure of 5,081 Publicly-Listed Companies 1.74x
NasdaqCM:CYRN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:CYRN Share Price ÷ Book Value per Share (both in USD)

= 1.66 ÷ 0.37

4.48x

* Primary Listing of CYREN.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CYREN is good value based on assets compared to the US Software industry average.
X
Value checks
We assess CYREN's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. CYREN has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is CYREN expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
29%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CYREN expected to grow at an attractive rate?
  • Unable to compare CYREN's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare CYREN's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • CYREN's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:CYRN Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:CYRN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 29%
NasdaqCM:CYRN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 8.7%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 14.8%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 11.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:CYRN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:CYRN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 42 -12 2
2019-12-31 39 -16 2
2019-11-17
NasdaqCM:CYRN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 38 -8 -18
2019-06-30 38 -9 -19
2019-03-31 38 -8 -19
2018-12-31 36 -11 -19
2018-09-30 34 -9 -21
2018-06-30 32 -7 -20
2018-03-31 30 -10 -18
2017-12-31 31 -7 -16
2017-09-30 31 -3 -12
2017-06-30 32 -5 -9
2017-03-31 32 -2 -7
2016-12-31 31 2 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CYREN is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • CYREN's revenue is expected to grow by 8.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:CYRN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from CYREN Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CYRN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.20 -0.20 -0.20 1.00
2019-12-31 -0.29 -0.29 -0.29 1.00
2019-11-17
NasdaqCM:CYRN Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -0.34
2019-06-30 -0.35
2019-03-31 -0.35
2018-12-31 -0.36
2018-09-30 -0.40
2018-06-30 -0.42
2018-03-31 -0.41
2017-12-31 -0.38
2017-09-30 -0.30
2017-06-30 -0.23
2017-03-31 -0.18
2016-12-31 -0.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if CYREN will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess CYREN's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
CYREN has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has CYREN performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare CYREN's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • CYREN does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare CYREN's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare CYREN's 1-year growth to the US Software industry average as it is not currently profitable.
Earnings and Revenue History
CYREN's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from CYREN Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CYRN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 38.37 -18.25 24.05 16.75
2019-06-30 38.44 -19.15 24.63 17.57
2019-03-31 37.92 -18.75 24.65 16.94
2018-12-31 35.90 -19.41 24.55 16.12
2018-09-30 33.91 -20.68 24.75 14.25
2018-06-30 31.91 -20.08 24.46 12.20
2018-03-31 30.48 -18.37 23.88 10.89
2017-12-31 30.80 -15.65 22.84 9.83
2017-09-30 31.39 -11.71 21.75 9.13
2017-06-30 31.73 -8.86 19.67 8.88
2017-03-31 31.53 -7.24 18.16 8.67
2016-12-31 30.98 -6.21 17.46 8.66
2016-09-30 29.98 -4.46 16.45 8.77
2016-06-30 29.01 -4.82 16.88 8.84
2016-03-31 28.18 -4.62 15.95 8.52
2015-12-31 27.76 -4.80 14.59 8.84
2015-09-30 28.50 -5.80 16.55 9.50
2015-06-30 29.29 -5.20 16.37 9.75
2015-03-31 30.83 -6.54 18.46 11.03
2014-12-31 31.93 -7.02 19.52 11.10
2014-09-30 32.33 -11.81 21.66 11.03
2014-06-30 32.62 -12.00 21.79 10.69
2014-03-31 32.41 -10.75 21.04 9.91
2013-12-31 32.25 -9.87 20.67 9.27
2013-09-30 30.78 -3.47 18.67 8.71
2013-06-30 28.32 -2.53 16.99 8.09
2013-03-31 25.94 -0.98 14.70 7.28
2012-12-31 23.91 1.49 11.41 6.53

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if CYREN has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if CYREN has efficiently used its assets last year compared to the US Software industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if CYREN improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess CYREN's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
CYREN has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is CYREN's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up CYREN's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CYREN's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • CYREN's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of CYREN's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from CYREN Company Filings, last reported 1 month ago.

NasdaqCM:CYRN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 20.28 10.00 9.55
2019-06-30 23.78 10.00 12.41
2019-03-31 27.37 10.00 12.44
2018-12-31 31.86 10.00 17.57
2018-09-30 37.09 0.00 13.53
2018-06-30 40.16 0.00 16.63
2018-03-31 43.78 0.00 17.94
2017-12-31 47.10 0.00 23.98
2017-09-30 25.23 4.62 9.92
2017-06-30 28.19 4.34 11.57
2017-03-31 29.71 4.29 13.54
2016-12-31 31.74 0.00 10.62
2016-09-30 35.26 0.00 12.44
2016-06-30 35.84 0.00 12.97
2016-03-31 36.74 0.00 14.03
2015-12-31 37.35 4.17 16.38
2015-09-30 38.76 4.17 18.67
2015-06-30 28.26 4.49 7.87
2015-03-31 27.96 4.54 8.49
2014-12-31 31.06 4.90 11.06
2014-09-30 33.43 5.35 13.09
2014-06-30 24.99 5.30 3.10
2014-03-31 26.80 4.30 2.33
2013-12-31 28.31 3.25 3.76
2013-09-30 34.46 3.11 3.97
2013-06-30 34.18 3.00 4.95
2013-03-31 33.87 0.00 4.87
2012-12-31 34.72 0.00 5.14
  • CYREN's level of debt (49.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (16% vs 49.3% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • CYREN has less than a year of cash runway based on current free cash flow.
  • CYREN has less than a year of cash runway if free cash flow continues to grow at historical rates of 37.5% each year.
X
Financial health checks
We assess CYREN's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. CYREN has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is CYREN's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from CYREN dividends.
If you bought $2,000 of CYREN shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate CYREN's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CYREN's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:CYRN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1955 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:CYRN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2019-11-17

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as CYREN has not reported any payouts.
  • Unable to verify if CYREN's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of CYREN's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as CYREN has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess CYREN's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can CYREN afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CYREN has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of CYREN's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brett Jackson
AGE 58
TENURE AS CEO 0.5 years
CEO Bio

Mr. Brett M. Jackson has been Chief Executive Officer of CYREN Ltd. since May 6, 2019. Mr. Jackson serves on the board of the Shenandoah National Park Trust. He had been the Chief Executive Officer at Digital Reasoning Systems, Inc. since April 2017 until February 7, 2019. Drawing on the credibility of Digital Reasoning’s trusted technology, Mr. Jackson leads Digital Reasoning Systems, Inc. through its next business phase by enhancing operations, business development, long-term corporate strategy, as well as driving expansion into new markets. He served as the Chief Executive Officer and President at Logi Analytics, Inc. (formerly LogiXML, Inc.) until May 3, 2016. He served as Chief Executive Officer and President of Digital Harbor, Inc, where he helped it in launch and expand its risk and compliance business in the financial services market. He served as Chief Operating Officer of TruSecure Corporation. He served as the Chief Executive Officer and President at Norkom Technologies (Digital Harbor) Inc. He served as Chief Operating Officer and Chief Executive Officer of EMEA at Cybertrust, Inc. (formerly Betrusted Holdings Inc.). Prior to Cybertrust, he served as Chief Executive Officer of Betrusted's operations in Europe, the Middle East and Africa (EMEA). He co-founded Axent Technologies Inc. in January 1999 and served as its President and Chief Operating Officer since January 1999. He served as an Executive Vice President of Axent Technologies Inc., from June 1997 to January 1999 and its Senior Vice President from August 1993 to June 1997 where he was responsible for worldwide sales and consulting services. From April 1991 to July 1993, he served as Vice President at Axent Technologies Inc. and was responsible for product operations and sales and marketing matters. Prior to joining AXENT, he served as a Member of the Executive Management team of Raxco Software. Prior to Raxco, he served various sales and marketing positions with Hewlett-Packard and Digital Equipment. He served as Chief Executive Officer of BNX Systems Inc. From July 1989 to April 1991, he served as Director of Marketing at Axent Technologies Inc.'s predecessor. Mr. Jackson has more than 25 years of cross-functional, executive level experience exclusively with venture backed security and analytics software companies, both private and public, from $10M to $200M in annual revenues including Axent Technologies, eSecurity, Cybertrust and Digital Harbor. He has been the Chairman of Logi Analytics, Inc. since May 3, 2016. He serves as Member of Advisory Board at Malcovery Security, LLC. He serves as a Director of Logi Analytics, Inc., ReefEdge Networks LLC and e-Security. He served as a Director of Ubizen NV until August 15, 2005. He served as a Director of Digital Harbor, Inc. He served as a Director at Norkom Technologies (Digital Harbor) Inc. He served as a Director of BNX Systems Corporation. He served as graduate of the University of Notre Dame with a BS in Electrical Engineering.

CEO Compensation
  • Insufficient data for Brett to compare compensation growth.
  • Insufficient data for Brett to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the CYREN management team in years:

2.4
Average Tenure
49.5
Average Age
  • The tenure for the CYREN management team is about average.
Management Team

Mike Myshrall

TITLE
Chief Financial Officer
COMPENSATION
$475K
AGE
50
TENURE
5.7 yrs

Lior Kohavi

TITLE
Chief Strategy Officer & Executive VP of Advanced Solutions
COMPENSATION
$966K
AGE
48
TENURE
0.5 yrs

Mickey DiPietro

TITLE
Vice President of Sales - North America
COMPENSATION
$420K
AGE
54
TENURE
1.3 yrs

Brett Jackson

TITLE
Chief Executive Officer
AGE
58
TENURE
0.5 yrs

Richard Ford

TITLE
Chief Technology Officer
AGE
49
TENURE
0.5 yrs

Eric Spindel

TITLE
VP, General Counsel & Corporate Secretary
COMPENSATION
$353K
AGE
42
TENURE
3.5 yrs

Dan Maier

TITLE
Vice President of Marketing
COMPENSATION
$287K
AGE
55
TENURE
3.8 yrs

Eva Markowitz

TITLE
Vice President of Human Resources
AGE
44
TENURE
6.1 yrs
Board of Directors Tenure

Average tenure and age of the CYREN board of directors in years:

3.3
Average Tenure
55
Average Age
  • The tenure for the CYREN board of directors is about average.
Board of Directors

Lior Samuelson

TITLE
Chairman
COMPENSATION
$864K
AGE
70
TENURE
8.9 yrs

Hila Karah

TITLE
Independent Director
COMPENSATION
$55K
AGE
50
TENURE
11.7 yrs

David Earhart

TITLE
External Director
COMPENSATION
$55K
AGE
57
TENURE
6.3 yrs

John Becker

TITLE
External Director
COMPENSATION
$55K
AGE
61
TENURE
2.6 yrs

Todd Thomson

TITLE
Lead Director
COMPENSATION
$110K
AGE
58
TENURE
3.9 yrs

James Hamilton

TITLE
Independent Director
COMPENSATION
$55K
AGE
55
TENURE
7.8 yrs

Cary Davis

TITLE
Director
COMPENSATION
$73K
AGE
53
TENURE
2 yrs

Brian Chang

TITLE
Director
COMPENSATION
$73K
TENURE
2 yrs

Lauren Zletz

TITLE
Director
COMPENSATION
$80K
AGE
32
TENURE
1.5 yrs

Raj Kushwaha

TITLE
Director
COMPENSATION
$75K
AGE
51
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
29. Jan 19 Sell Daniel Maier Individual 25. Jan 19 25. Jan 19 -1,724 $2.58 $-4,448
29. Jan 19 Sell Lior Samuelson Individual 25. Jan 19 25. Jan 19 -4,310 $2.58 $-11,120
29. Jan 19 Sell J. Myshrall Individual 25. Jan 19 25. Jan 19 -2,586 $2.58 $-6,672
29. Jan 19 Sell Eva Markowitz Individual 25. Jan 19 25. Jan 19 -1,724 $2.58 $-4,448
29. Jan 19 Sell Dominick DiPietro Individual 25. Jan 19 25. Jan 19 -1,724 $2.58 $-4,448
29. Jan 19 Sell Atif Ahmed Individual 25. Jan 19 25. Jan 19 -2,362 $2.58 $-6,094
X
Management checks
We assess CYREN's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. CYREN has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Risk Should You Expect For CYREN Ltd (NASDAQ:CYRN)?

If you are looking to invest in CYREN Ltd’s (NASDAQ:CYRN), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … The second risk is market-wide, which arises from investing in the stock market. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

Simply Wall St -

Should You Buy CYREN Ltd (NASDAQ:CYRN) Now?

received a lot of attention from a substantial price increase on the NasdaqCM over the last few months. … Less-covered, small caps tend to present more of an opportunity for mispricing due to the lack of information available to the public, which can be a good thing? … So, could the stock still be trading at a low price relative to its actual value.

Simply Wall St -

A Look At CYREN Ltd (NASDAQ:CYRN) And The Tech Sector

Below, I will examine the sector growth prospects, and also determine whether CYREN is a laggard or leader relative to its tech sector peers. … NasdaqCM:CYRN PE PEG Gauge Dec 27th 17 The software tech industry is trading at a PE ratio of 24x, in-line with the US stock market PE of 20x. … If your initial investment thesis is around the growth prospects of CYREN, there are other tech companies that have delivered higher growth, and perhaps trading at a discount to the industry average.

Simply Wall St -

Is CYREN Ltd (NASDAQ:CYRN) Undervalued?

And if you believe CYREN should be trading in this range, then there isn’t really any room for the share price grow beyond what it’s currently trading. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … It seems like the market has already priced in CYREN’s growth outlook, with shares trading around its fair value.

Simply Wall St -

Company Info

Description

CYREN Ltd., together with its subsidiaries, provides information security solutions for protecting Web, email, and mobile transactions in the United States, Europe, the Asia Pacific, Israel, and internationally. The company operates Cyren Cloud Security, a SaaS security platform, which provides Internet security services, including Web Security that provides the enforcement of Web policy and state-of-the-art threat protection for business users; DNS Security, which allows businesses to protect employees at headquarters, visitors in remote offices, customers at retail stores, or students on a campus; Email Security, a cloud-based secure email gateway; and Cloud Sandboxing that protects businesses against breaches and data loss from threats. It also operates Cyren Threat Intelligence Services, a platform that offers cloud-based cyber threat detection APIs and SDKs to technology and security vendors. The company’s threat intelligence services comprise embedded email and Web security services; Endpoint Security, which detects malware on various endpoints, including mobile devices and embedded operating system devices; and advanced threat protection services, such as tools for combating mobile malware, ransomware, and other Web-borne threats. CYREN Ltd. sells its products through direct and indirect channels, including value added resellers and managed service providers to enterprise customers and original equipment manufacturers. The company was formerly known as Commtouch Software Ltd. and changed its name to CYREN Ltd. in January 2014. CYREN Ltd. was founded in 1991 and is headquartered in McLean, Virginia. CYREN Ltd. is a subsidiary of WP XII Investments B.V.

Details
Name: CYREN Ltd.
CYRN
Exchange: NasdaqCM
Founded: 1991
$98,470,189
59,319,391
Website: http://www.cyren.com
Address: CYREN Ltd.
1430 Spring Hill Road,
Suite 330,
McLean,
Virginia, 22102,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM CYRN Ordinary Shares Nasdaq Capital Market US USD 13. Jul 1999
DB TOU Ordinary Shares Deutsche Boerse AG DE EUR 13. Jul 1999
Number of employees
Current staff
Staff numbers
255
CYREN employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/17 23:48
End of day share price update: 2019/11/15 00:00
Last estimates confirmation: 2019/11/14
Last earnings filing: 2019/11/13
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.