AVIDXCHANGE HOLDINGS INC (AVDX) Stock Fundamental Analysis
NASDAQ:AVDX - Nasdaq - US05368X1028 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to AVDX. AVDX was compared to 100 industry peers in the Financial Services industry. The financial health of AVDX is average, but there are quite some concerns on its profitability. AVDX shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year AVDX was profitable.
AVDX had a positive operating cash flow in the past year.
AVDX had negative earnings in 4 of the past 5 years.
In multiple years AVDX reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.09%, AVDX is doing worse than 73.00% of the companies in the same industry.
AVDX has a worse Return On Equity (0.27%) than 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
The Profit Margin of AVDX (0.42%) is worse than 73.00% of its industry peers.
AVDX's Gross Margin of 72.30% is amongst the best of the industry. AVDX outperforms 83.00% of its industry peers.
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.
Compared to 1 year ago, AVDX has about the same amount of shares outstanding.
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.
With a Altman-Z score value of 0.66, AVDX perfoms like the industry average, outperforming 53.00% of the companies in the same industry.
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.
AVDX's Debt to FCF ratio of 1.10 is amongst the best of the industry. AVDX outperforms 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.
AVDX's Debt to Equity ratio of 0.10 is fine compared to the rest of the industry. AVDX outperforms 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
WACC8.98%
2.3 Liquidity
A Current Ratio of 1.32 indicates that AVDX should not have too much problems paying its short term obligations.
AVDX's Current ratio of 1.32 is fine compared to the rest of the industry. AVDX outperforms 61.00% of its industry peers.
AVDX has a Quick Ratio of 1.32. This is a normal value and indicates that AVDX is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of AVDX (1.32) is better than 63.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.32 |
3. Growth
3.1 Past
AVDX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 95.31%, which is quite impressive.
Looking at the last year, AVDX shows a quite strong growth in Revenue. The Revenue has grown by 10.46% in the last year.
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
AVDX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 31.94% yearly.
AVDX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.59% yearly.
EPS Next Y3.22%
EPS Next 2Y15.99%
EPS Next 3Y15.23%
EPS Next 5Y31.94%
Revenue Next Year3.66%
Revenue Next 2Y6.78%
Revenue Next 3Y8.19%
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
A Price/Earnings ratio of 39.40 indicates a quite expensive valuation of AVDX.
74.00% of the companies in the same industry are cheaper than AVDX, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.45. AVDX is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 29.29, which means the current valuation is very expensive for AVDX.
Based on the Price/Forward Earnings ratio, AVDX is valued a bit more expensive than the industry average as 72.00% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 21.90. AVDX is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.4 | ||
| Fwd PE | 29.29 |
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 | 55.2 |
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 15.23% in the coming years.
PEG (NY)12.22
PEG (5Y)N/A
EPS Next 2Y15.99%
EPS Next 3Y15.23%
5. Dividend
5.1 Amount
AVDX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
9.85
+0.03 (+0.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners78.64%
Inst Owner Change-82.14%
Ins Owners9.24%
Ins Owner Change5.79%
Market Cap2.03B
Analysts53.75
Price Target10 (1.52%)
Short Float %1.89%
Short Ratio0.66
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)4.33%
PT rev (3m)4.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.69%
EPS NY rev (1m)-3.52%
EPS NY rev (3m)-5.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.4 | ||
| Fwd PE | 29.29 | ||
| P/S | 4.61 | ||
| P/FCF | 31 | ||
| P/OCF | 23.73 | ||
| P/B | 2.99 | ||
| P/tB | 4.57 | ||
| EV/EBITDA | 55.2 |
EPS(TTM)0.25
EY2.54%
EPS(NY)0.34
Fwd EY3.41%
FCF(TTM)0.32
FCFY3.23%
OCF(TTM)0.42
OCFY4.21%
SpS2.14
BVpS3.29
TBVpS2.16
PEG (NY)12.22
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
WACC8.98%
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 Y3.22%
EPS Next 2Y15.99%
EPS Next 3Y15.23%
EPS Next 5Y31.94%
Revenue 1Y (TTM)10.46%
Revenue growth 3Y20.9%
Revenue growth 5Y24.02%
Sales Q2Q%2.22%
Revenue Next Year3.66%
Revenue Next 2Y6.78%
Revenue Next 3Y8.19%
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