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 101 industry peers in the Financial Services industry. While AVDX seems to be doing ok healthwise, there are quite some concerns on its profitability. AVDX is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
AVDX had positive earnings in the past year.
In the past year AVDX had a positive cash flow from operations.
In the past 5 years AVDX reported 4 times negative net income.
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
Looking at the Return On Assets, with a value of 0.39%, AVDX is doing worse than 72.28% of the companies in the same industry.
AVDX has a Return On Equity of 1.21%. This is in the lower half of the industry: AVDX underperforms 76.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 1.21% | ||
| 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
With a Profit Margin value of 1.86%, AVDX is not doing good in the industry: 72.28% of the companies in the same industry are doing better.
With an excellent Gross Margin value of 72.26%, AVDX belongs to the best of the industry, outperforming 81.19% 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) | 1.86% | ||
| GM | 72.26% |
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.
AVDX has more shares outstanding than it did 5 years ago.
AVDX has a better debt/assets ratio than last year.
2.2 Solvency
AVDX has an Altman-Z score of 0.37. This is a bad value and indicates that AVDX is not financially healthy and even has some risk of bankruptcy.
AVDX has a Altman-Z score (0.37) which is comparable to the rest of the industry.
AVDX has a debt to FCF ratio of 1.38. This is a very positive value and a sign of high solvency as it would only need 1.38 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 1.38, AVDX belongs to the best of the industry, outperforming 80.20% of the companies in the same industry.
AVDX has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.10, AVDX is doing good in the industry, outperforming 78.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.38 | ||
| Altman-Z | 0.37 |
ROIC/WACCN/A
WACC15.44%
2.3 Liquidity
AVDX has a Current Ratio of 1.29. This is a normal value and indicates that AVDX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.29, AVDX is in the better half of the industry, outperforming 64.36% of the companies in the same industry.
A Quick Ratio of 1.29 indicates that AVDX should not have too much problems paying its short term obligations.
AVDX has a Quick ratio of 1.29. This is in the better half of the industry: AVDX outperforms 65.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
AVDX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 309.84%, which is quite impressive.
The Revenue has grown by 15.29% in the past year. This is quite good.
Measured over the past years, AVDX shows a very strong growth in Revenue. The Revenue has been growing by 24.02% on average per year.
EPS 1Y (TTM)309.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60%
Revenue 1Y (TTM)15.29%
Revenue growth 3Y20.9%
Revenue growth 5Y24.02%
Sales Q2Q%10.93%
3.2 Future
Based on estimates for the next years, AVDX will show a very strong growth in Earnings Per Share. The EPS will grow by 29.71% on average per year.
Based on estimates for the next years, AVDX will show a quite strong growth in Revenue. The Revenue will grow by 16.29% on average per year.
EPS Next Y38.69%
EPS Next 2Y36.13%
EPS Next 3Y35.89%
EPS Next 5Y29.71%
Revenue Next Year5.48%
Revenue Next 2Y8.27%
Revenue Next 3Y10.1%
Revenue Next 5Y16.29%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 28.68, which means the current valuation is very expensive for AVDX.
64.36% of the companies in the same industry are cheaper than AVDX, based on the Price/Earnings ratio.
AVDX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 29.35.
AVDX is valuated rather expensively with a Price/Forward Earnings ratio of 20.68.
AVDX's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. AVDX is more expensive than 67.33% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.10. AVDX is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.68 | ||
| Fwd PE | 20.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AVDX is valued a bit more expensive than the industry average as 60.40% of the companies are valued more cheaply.
The rest of the industry has a similar Price/Free Cash Flow ratio as AVDX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.01 | ||
| EV/EBITDA | 31.72 |
4.3 Compensation for Growth
AVDX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AVDX's earnings are expected to grow with 35.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.74
PEG (5Y)N/A
EPS Next 2Y36.13%
EPS Next 3Y35.89%
5. Dividend
5.1 Amount
No dividends for AVDX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.17
+0.03 (+0.42%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners77.51%
Inst Owner Change-3.13%
Ins Owners10.45%
Ins Owner Change5.72%
Market Cap1.47B
Analysts72.17
Price Target10.27 (43.24%)
Short Float %2.29%
Short Ratio2.48
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)2
Avg EPS beat(2)8.25%
Min EPS beat(2)3.46%
Max EPS beat(2)13.03%
EPS beat(4)4
Avg EPS beat(4)20.11%
Min EPS beat(4)3.46%
Max EPS beat(4)52.76%
EPS beat(8)8
Avg EPS beat(8)96.32%
EPS beat(12)12
Avg EPS beat(12)81.56%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-0.8%
Min Revenue beat(2)-1.37%
Max Revenue beat(2)-0.24%
Revenue beat(4)1
Avg Revenue beat(4)-1.15%
Min Revenue beat(4)-3.59%
Max Revenue beat(4)0.59%
Revenue beat(8)5
Avg Revenue beat(8)0.54%
Revenue beat(12)8
Avg Revenue beat(12)1.03%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-16.07%
PT rev (3m)-14.06%
EPS NQ rev (1m)-1%
EPS NQ rev (3m)-0.58%
EPS NY rev (1m)0.45%
EPS NY rev (3m)1.17%
Revenue NQ rev (1m)-0.93%
Revenue NQ rev (3m)-0.84%
Revenue NY rev (1m)-4.43%
Revenue NY rev (3m)-4.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.68 | ||
| Fwd PE | 20.68 | ||
| P/S | 3.34 | ||
| P/FCF | 28.01 | ||
| P/OCF | 20.38 | ||
| P/B | 2.18 | ||
| P/tB | 3.37 | ||
| EV/EBITDA | 31.72 |
EPS(TTM)0.25
EY3.49%
EPS(NY)0.35
Fwd EY4.84%
FCF(TTM)0.26
FCFY3.57%
OCF(TTM)0.35
OCFY4.91%
SpS2.15
BVpS3.29
TBVpS2.13
PEG (NY)0.74
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.39% | ||
| ROE | 1.21% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 1.86% | ||
| GM | 72.26% | ||
| FCFM | 11.92% |
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-Score9
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.38 | ||
| Debt/EBITDA | 1.92 | ||
| Cap/Depr | 54% | ||
| Cap/Sales | 4.46% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 204.64% | ||
| Profit Quality | 642.59% | ||
| Current Ratio | 1.29 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 0.37 |
F-Score9
WACC15.44%
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)309.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60%
EPS Next Y38.69%
EPS Next 2Y36.13%
EPS Next 3Y35.89%
EPS Next 5Y29.71%
Revenue 1Y (TTM)15.29%
Revenue growth 3Y20.9%
Revenue growth 5Y24.02%
Sales Q2Q%10.93%
Revenue Next Year5.48%
Revenue Next 2Y8.27%
Revenue Next 3Y10.1%
Revenue Next 5Y16.29%
EBIT growth 1Y97.81%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year28779.5%
EBIT Next 3Y704.48%
EBIT Next 5Y284.52%
FCF growth 1Y631.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y751.19%
OCF growth 3YN/A
OCF growth 5YN/A