AVIDXCHANGE HOLDINGS INC (AVDX) Stock Fundamental Analysis
USA - NASDAQ:AVDX - US05368X1028 - Common Stock
10 USD
0 (0%)
9.99 USD
-0.01 (-0.1%)
Overall AVDX gets a fundamental rating of 4 out of 10. We evaluated AVDX against 98 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 shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
AVDX had positive earnings in the past year.
AVDX had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of -0.40%, AVDX is doing worse than 76.77% of the companies in the same industry.
The Return On Equity of AVDX (-1.17%) is worse than 73.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.4% | ||
| ROE | -1.17% | ||
| 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 an excellent Gross Margin value of 72.52%, AVDX belongs to the best of the industry, outperforming 80.81% of the companies in the same industry.
AVDX's Gross Margin has improved in the last couple of years.
AVDX does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.52% |
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.
The number of shares outstanding for AVDX remains at a similar level compared to 1 year ago.
AVDX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AVDX has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.67, we must say that AVDX is in the distress zone and has some risk of bankruptcy.
AVDX has a Altman-Z score (0.67) which is in line with its industry peers.
The Debt to FCF ratio of AVDX is 1.15, which is an excellent value as it means it would take AVDX, only 1.15 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.15, AVDX is in the better half of the industry, outperforming 78.79% of the companies in the same industry.
A Debt/Equity ratio of 0.10 indicates that AVDX is not too dependend on debt financing.
The Debt to Equity ratio of AVDX (0.10) is better than 80.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 0.67 |
ROIC/WACCN/A
WACC8.67%
2.3 Liquidity
AVDX has a Current Ratio of 1.33. This is a normal value and indicates that AVDX is financially healthy and should not expect problems in meeting its short term obligations.
AVDX's Current ratio of 1.33 is fine compared to the rest of the industry. AVDX outperforms 61.62% of its industry peers.
A Quick Ratio of 1.33 indicates that AVDX should not have too much problems paying its short term obligations.
AVDX's Quick ratio of 1.33 is fine compared to the rest of the industry. AVDX outperforms 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
AVDX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 38.89%, which is quite impressive.
Looking at the last year, AVDX shows a quite strong growth in Revenue. The Revenue has grown by 8.04% in the last year.
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)38.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)8.04%
Revenue growth 3Y20.9%
Revenue growth 5Y24.02%
Sales Q2Q%5.17%
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.
The Revenue is expected to grow by 12.59% on average over the next years. This is quite good.
EPS Next Y8.08%
EPS Next 2Y16.17%
EPS Next 3Y12.07%
EPS Next 5Y31.94%
Revenue Next Year3.61%
Revenue Next 2Y6.58%
Revenue Next 3Y7.48%
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
AVDX is valuated quite expensively with a Price/Earnings ratio of 40.00.
AVDX's Price/Earnings ratio is a bit more expensive when compared to the industry. AVDX is more expensive than 69.70% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.13. AVDX is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 29.64, AVDX can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, AVDX is valued a bit more expensive than the industry average as 72.73% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 22.35. AVDX is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40 | ||
| Fwd PE | 29.64 |
4.2 Price Multiples
67.68% of the companies in the same industry are cheaper than AVDX, based on the Enterprise Value to EBITDA ratio.
AVDX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.05 | ||
| EV/EBITDA | 90.19 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AVDX does not grow enough to justify the current Price/Earnings ratio.
AVDX's earnings are expected to grow with 12.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.95
PEG (5Y)N/A
EPS Next 2Y16.17%
EPS Next 3Y12.07%
5. Dividend
5.1 Amount
No dividends for AVDX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
10
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners79.28%
Inst Owner Change-1.26%
Ins Owners8.97%
Ins Owner Change-74.97%
Market Cap2.08B
Revenue(TTM)446.72M
Net Income(TTM)-8057000
Analysts52.86
Price Target9.76 (-2.4%)
Short Float %2.56%
Short Ratio2.47
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)0
Avg EPS beat(2)-14.22%
Min EPS beat(2)-16.21%
Max EPS beat(2)-12.23%
EPS beat(4)2
Avg EPS beat(4)-2.99%
Min EPS beat(4)-16.21%
Max EPS beat(4)13.03%
EPS beat(8)6
Avg EPS beat(8)72.04%
EPS beat(12)10
Avg EPS beat(12)70.39%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.57%
Min Revenue beat(2)-3.42%
Max Revenue beat(2)-1.72%
Revenue beat(4)0
Avg Revenue beat(4)-1.69%
Min Revenue beat(4)-3.42%
Max Revenue beat(4)-0.24%
Revenue beat(8)3
Avg Revenue beat(8)-0.52%
Revenue beat(12)6
Avg Revenue beat(12)0.08%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-0.56%
EPS NQ rev (1m)0.39%
EPS NQ rev (3m)7.46%
EPS NY rev (1m)0%
EPS NY rev (3m)3.91%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)-0.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40 | ||
| Fwd PE | 29.64 | ||
| P/S | 4.65 | ||
| P/FCF | 33.05 | ||
| P/OCF | 24.84 | ||
| P/B | 3.02 | ||
| P/tB | 4.55 | ||
| EV/EBITDA | 90.19 |
EPS(TTM)0.25
EY2.5%
EPS(NY)0.34
Fwd EY3.37%
FCF(TTM)0.3
FCFY3.03%
OCF(TTM)0.4
OCFY4.03%
SpS2.15
BVpS3.31
TBVpS2.2
PEG (NY)4.95
PEG (5Y)N/A
Graham Number4.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.4% | ||
| ROE | -1.17% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.52% | ||
| FCFM | 14.07% |
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
ROICexgc growth 3YN/A
ROICexgc 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-Score7
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.15 | ||
| Debt/EBITDA | 3.65 | ||
| Cap/Depr | 59.47% | ||
| Cap/Sales | 4.65% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 451.35% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 | ||
| Altman-Z | 0.67 |
F-Score7
WACC8.67%
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)38.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y8.08%
EPS Next 2Y16.17%
EPS Next 3Y12.07%
EPS Next 5Y31.94%
Revenue 1Y (TTM)8.04%
Revenue growth 3Y20.9%
Revenue growth 5Y24.02%
Sales Q2Q%5.17%
Revenue Next Year3.61%
Revenue Next 2Y6.58%
Revenue Next 3Y7.48%
Revenue Next 5Y12.59%
EBIT growth 1Y13.34%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year24575.1%
EBIT Next 3Y632.46%
EBIT Next 5Y284.52%
FCF growth 1Y295.78%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y672.29%
OCF growth 3YN/A
OCF growth 5YN/A
AVIDXCHANGE HOLDINGS INC / AVDX FAQ
What is the ChartMill fundamental rating of AVIDXCHANGE HOLDINGS INC (AVDX) stock?
ChartMill assigns a fundamental rating of 4 / 10 to AVDX.
What is the valuation status for AVDX stock?
ChartMill assigns a valuation rating of 1 / 10 to AVIDXCHANGE HOLDINGS INC (AVDX). This can be considered as Overvalued.
What is the profitability of AVDX stock?
AVIDXCHANGE HOLDINGS INC (AVDX) has a profitability rating of 2 / 10.
How financially healthy is AVIDXCHANGE HOLDINGS INC?
The financial health rating of AVIDXCHANGE HOLDINGS INC (AVDX) is 5 / 10.