AVIDXCHANGE HOLDINGS INC (AVDX) Stock Fundamental Analysis
NASDAQ:AVDX - Nasdaq - US05368X1028 - Common Stock - Currency: USD
Overall AVDX gets a fundamental rating of 4 out of 10. We evaluated AVDX against 100 industry peers in the Financial Services industry. AVDX scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. AVDX is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year AVDX was profitable.
In the past year AVDX had a positive cash flow from operations.
AVDX had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: AVDX reported negative operating cash flow in multiple years.
1.2 Ratios
With a Return On Assets value of 0.09%, AVDX is not doing good in the industry: 73.00% of the companies in the same industry are doing better.
AVDX has a Return On Equity of 0.27%. This is in the lower half of the industry: AVDX underperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.09% | ||
| ROE | 0.27% | ||
| ROIC | N/A |
ROA(3y)-2.03%
ROA(5y)-7.78%
ROE(3y)-7.14%
ROE(5y)-20.83%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AVDX's Profit Margin of 0.42% is on the low side compared to the rest of the industry. AVDX is outperformed by 73.00% of its industry peers.
With an excellent Gross Margin value of 72.30%, AVDX belongs to the best of the industry, outperforming 83.00% of the companies in the same industry.
In the last couple of years the Gross Margin of AVDX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 0.42% | ||
| GM | 72.3% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.57%
GM growth 5Y6.61%
2. Health
2.1 Basic Checks
AVDX does not have a ROIC to compare to the WACC, probably because it is not profitable.
AVDX has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for AVDX has been increased compared to 5 years ago.
Compared to 1 year ago, AVDX has an improved debt to assets ratio.
2.2 Solvency
AVDX has an Altman-Z score of 0.66. This is a bad value and indicates that AVDX is not financially healthy and even has some risk of bankruptcy.
AVDX's Altman-Z score of 0.66 is in line compared to the rest of the industry. AVDX outperforms 53.00% of its industry peers.
The Debt to FCF ratio of AVDX is 1.10, which is an excellent value as it means it would take AVDX, only 1.10 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AVDX (1.10) is better than 84.00% of its industry peers.
AVDX has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AVDX (0.10) is better than 77.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.1 | ||
| Altman-Z | 0.66 |
ROIC/WACCN/A
WACC9.09%
2.3 Liquidity
A Current Ratio of 1.32 indicates that AVDX should not have too much problems paying its short term obligations.
The Current ratio of AVDX (1.32) is better than 61.00% of its industry peers.
A Quick Ratio of 1.32 indicates that AVDX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.32, AVDX is in the better half of the industry, outperforming 63.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.32 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 95.31% over the past year.
The Revenue has grown by 10.46% in the past year. This is quite good.
AVDX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.02% yearly.
EPS 1Y (TTM)95.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)10.46%
Revenue growth 3Y20.9%
Revenue growth 5Y24.02%
Sales Q2Q%2.22%
3.2 Future
The Earnings Per Share is expected to grow by 31.94% on average over the next years. This is a very strong growth
Based on estimates for the next years, AVDX will show a quite strong growth in Revenue. The Revenue will grow by 12.59% on average per year.
EPS Next Y4.01%
EPS Next 2Y16.78%
EPS Next 3Y15.4%
EPS Next 5Y31.94%
Revenue Next Year3.72%
Revenue Next 2Y6.73%
Revenue Next 3Y7.89%
Revenue Next 5Y12.59%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 39.40, the valuation of AVDX can be described as expensive.
74.00% of the companies in the same industry are cheaper than AVDX, based on the Price/Earnings ratio.
AVDX is valuated rather expensively when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
AVDX is valuated quite expensively with a Price/Forward Earnings ratio of 28.89.
Based on the Price/Forward Earnings ratio, AVDX is valued a bit more expensive than 72.00% of the companies in the same industry.
AVDX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.4 | ||
| Fwd PE | 28.89 |
4.2 Price Multiples
AVDX's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. AVDX is more expensive than 65.00% of the companies in the same industry.
AVDX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31 | ||
| EV/EBITDA | 55.13 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as AVDX's earnings are expected to grow with 15.40% in the coming years.
PEG (NY)9.83
PEG (5Y)N/A
EPS Next 2Y16.78%
EPS Next 3Y15.4%
5. Dividend
5.1 Amount
No dividends for AVDX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
9.85
+0.01 (+0.1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners78.64%
Inst Owner Change0%
Ins Owners9.24%
Ins Owner Change5.79%
Market Cap2.03B
Analysts53.75
Price Target10 (1.52%)
Short Float %2.41%
Short Ratio0.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.4%
Min EPS beat(2)-12.23%
Max EPS beat(2)13.03%
EPS beat(4)3
Avg EPS beat(4)3.86%
Min EPS beat(4)-12.23%
Max EPS beat(4)13.03%
EPS beat(8)7
Avg EPS beat(8)85.98%
EPS beat(12)11
Avg EPS beat(12)75.55%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.4%
Min Revenue beat(2)-3.42%
Max Revenue beat(2)-1.37%
Revenue beat(4)0
Avg Revenue beat(4)-2.16%
Min Revenue beat(4)-3.59%
Max Revenue beat(4)-0.24%
Revenue beat(8)4
Avg Revenue beat(8)-0.26%
Revenue beat(12)7
Avg Revenue beat(12)0.52%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)4.33%
EPS NQ rev (1m)1.06%
EPS NQ rev (3m)-4.09%
EPS NY rev (1m)-2.79%
EPS NY rev (3m)-4.77%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)-0.84%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)-0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.4 | ||
| Fwd PE | 28.89 | ||
| P/S | 4.61 | ||
| P/FCF | 31 | ||
| P/OCF | 23.73 | ||
| P/B | 2.99 | ||
| P/tB | 4.57 | ||
| EV/EBITDA | 55.13 |
EPS(TTM)0.25
EY2.54%
EPS(NY)0.34
Fwd EY3.46%
FCF(TTM)0.32
FCFY3.23%
OCF(TTM)0.42
OCFY4.21%
SpS2.14
BVpS3.29
TBVpS2.16
PEG (NY)9.83
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.09% | ||
| ROE | 0.27% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 0.42% | ||
| GM | 72.3% | ||
| FCFM | 14.86% |
ROA(3y)-2.03%
ROA(5y)-7.78%
ROE(3y)-7.14%
ROE(5y)-20.83%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.57%
GM growth 5Y6.61%
F-Score8
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.1 | ||
| Debt/EBITDA | 2.28 | ||
| Cap/Depr | 56.37% | ||
| Cap/Sales | 4.55% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 289.33% | ||
| Profit Quality | 3558.82% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.32 | ||
| Altman-Z | 0.66 |
F-Score8
WACC9.09%
ROIC/WACCN/A
Cap/Depr(3y)63.99%
Cap/Depr(5y)68.22%
Cap/Sales(3y)6.1%
Cap/Sales(5y)7.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)95.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y4.01%
EPS Next 2Y16.78%
EPS Next 3Y15.4%
EPS Next 5Y31.94%
Revenue 1Y (TTM)10.46%
Revenue growth 3Y20.9%
Revenue growth 5Y24.02%
Sales Q2Q%2.22%
Revenue Next Year3.72%
Revenue Next 2Y6.73%
Revenue Next 3Y7.89%
Revenue Next 5Y12.59%
EBIT growth 1Y83.83%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year24446.6%
EBIT Next 3Y616.23%
EBIT Next 5Y284.52%
FCF growth 1Y234.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y395.25%
OCF growth 3YN/A
OCF growth 5YN/A