Value Investor
Start free

Check Point Software Technologies

CHKP on Nasdaq. Prepackaged software. Market value $13.3bn.

Watch this stockFree. We tell you when something changes.

This company reports once a year (it is based outside the US), so every figure comes from its annual report for the year to December 2025.

We can't read total debt from the filing, so debt is left out.

Should I look at this?

Worth a closer look

Why it could be worth it

What to watch out for

Nothing stood out in the numbers we check.

Read what could go wrong

This is not advice. Check the numbers below.

Compare with another stock

Cash yield
annual report to December 2025
8.4%high

For every $100 of what the whole company costs, it produced $8.42 of spare cash last year. A savings account pays about $4.

Price to profit
annual report to December 2025
n/a

The filings do not give us enough to work this out.

Return on capital
five annual reports to December 2025
n/a

The filings do not give us enough to work this out.

Quality score: 80 of 100. Price score: 83 of 100. Our list needs 70 on quality and 60 on price.

$131.98 a share, 18% above its 1-year low

Over the past year the price has ranged from $112.23 to $210.66.

Pays no dividend

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

1.2
1.1
1.0
1.0
1.2
20212022202320242025
Revenue
$2.2bn$2.3bn$2.4bn$2.6bn$2.7bn
Operating margin
41.9%38.0%37.2%34.2%30.5%
Debt to equity
n/an/an/an/an/a
Shares outstanding
0.13bn0.12bn0.11bn0.11bn0.11bn

Health checks

  • Free cash flow positive5 of 5 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)6 of 8 checks we could run
  • Profit backed by cash (accruals)Yes
  • DebtUnknown
  • Revenue growth, five yearsSlow, 5.7% a year
  • Buying back its own sharesYes, 18% fewer since 2021

Dates

Next results (estimated)
n/a
Last annual report (10-K)
31 March 2026
Next quarterly (estimated, 10-Q)
n/a

Who owns it

4 long-term investors we follow own it, unchanged from 4 last quarter. 640 funds in all.

Jun '25
Dec '25
Jun '26

Sold out this quarter

Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

2 investors own more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought shares on the open market in the last 12 months. 6 sold $12m, $12m of it under preset trading plans.

  • Seddik Sherif
    Chief Revenue Officer
    Sold
    under a preset trading plan
    Date
    4 August 2026
    Shares
    10,272
    Price
    $123.59
    Value
    $1m
  • Kremer Nataly
    Chief Product Officer
    Sold
    Date
    3 August 2026
    Shares
    665
    Price
    $123.64
    Value
    $82,222
  • Golan Roei
    Chief Financial Officer
    Sold
    under a preset trading plan
    Date
    3 August 2026
    Shares
    9,860
    Price
    $123.75
    Value
    $1m
  • Shavit Shenhav Tal
    Director
    Sold
    under a preset trading plan
    Date
    11 June 2026
    Shares
    25,000
    Price
    $123.07
    Value
    $3m
  • UNGERMAN JERRY T
    Director
    Sold
    under a preset trading plan
    Date
    11 June 2026
    Shares
    25,000
    Price
    $122.55
    Value
    $3m
  • Chelouche Yoav
    Director
    Sold
    under a preset trading plan
    Date
    2 June 2026
    Shares
    25,000
    Price
    $140.28
    Value
    $4m

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

Check Point Software Technologies doesn’t file a US annual report (10-K), so we haven’t checked it.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
Create a free account to run it

Your first deep dive is free.

What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.