COMP <GO>
VRNS vs MSFT // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Varonis Systems Inc. (NASDAQ) VS. Microsoft Corporation (NASDAQ) • 15-METRIC TALLY: VRNS 4
— MSFT 9
■ METRIC PARITY
LAST: $48.82 (-0.16%) • MKT CAP: $5.61B
options-implied-move
—
LAST: $530.14 (-0.16%) • MKT CAP: $3.94T
options-implied-move
5.74%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (VRNS VS. MSFT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | VRNS | MSFT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 78.80% | 67.66% | +11.14 | VRNS | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -15.30% | 26.54% | -41.84 | MSFT | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 19.9x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 2.40% | 1.55% | +0.85 | VRNS | /fcf-yield <GO> |
| Operating Margin | -23.50% | 47.10% | -70.60 | MSFT | /operating-margins <GO> |
| Net Profit Margin | -20.70% | 41.17% | -61.87 | MSFT | /net-margins <GO> |
| Revenue Growth (YoY) | 4.40% | 17.91% | -13.51 | MSFT | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.70% | -0.70 | MSFT | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 3.74 | 9.35 | -5.61 | MSFT | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 6/9 | +1.00 | VRNS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | 5.74% | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 54.5 | 64.8 | -10.30 | MSFT | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.31 | 1.14 | +0.17 | VRNS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 26.0x | 24.2x | +1.81 | MSFT | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.61B | $3.94T | -$3.93T | MSFT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | VRNS REV | MSFT REV | VRNS GROSS % | MSFT GROSS % | VRNS FCF | MSFT FCF |
|---|---|---|---|---|---|---|
| FY 2026 | — | $331.84B | — | 67.9% | — | $66.99B |
| FY 2025 | $623.5M | $281.72B | 78.8% | 68.8% | $134.8M | $71.61B |
| FY 2024 | $551.0M | $245.12B | 83.0% | 69.8% | $108.5M | $74.07B |
| FY 2023 | $0 | $211.91B | — | 68.9% | $59.4M | $59.48B |
| FY 2022 | — | $198.27B | — | 68.4% | — | $65.15B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
VRNS // BETA 1.31
MSFT // BETA 1.14