VTEX -CLASS A (VTEX) Stock Fundamental Analysis
NYSE:VTEX - New York Stock Exchange, Inc. - KYG9470A1022 - Common Stock - Currency: USD
Taking everything into account, VTEX scores 5 out of 10 in our fundamental rating. VTEX was compared to 70 industry peers in the Interactive Media & Services industry. VTEX is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. VTEX is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year VTEX was profitable.
In the past year VTEX had a positive cash flow from operations.
In the past 5 years VTEX reported 4 times negative net income.
In multiple years VTEX reported negative operating cash flow during the last 5 years.
1.2 Ratios
VTEX's Return On Assets of 3.27% is fine compared to the rest of the industry. VTEX outperforms 65.71% of its industry peers.
VTEX has a better Return On Equity (4.69%) than 67.14% of its industry peers.
VTEX has a Return On Invested Capital of 2.79%. This is in the better half of the industry: VTEX outperforms 65.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.27% | ||
| ROE | 4.69% | ||
| ROIC | 2.79% |
ROA(3y)-5.13%
ROA(5y)-6.12%
ROE(3y)-6.69%
ROE(5y)-7.95%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VTEX's Profit Margin of 5.29% is fine compared to the rest of the industry. VTEX outperforms 71.43% of its industry peers.
With a decent Operating Margin value of 4.46%, VTEX is doing good in the industry, outperforming 61.43% of the companies in the same industry.
Looking at the Gross Margin, with a value of 73.79%, VTEX is in the better half of the industry, outperforming 62.86% of the companies in the same industry.
In the last couple of years the Gross Margin of VTEX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.46% | ||
| PM (TTM) | 5.29% | ||
| GM | 73.79% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.8%
GM growth 5Y1.94%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VTEX is destroying value.
Compared to 1 year ago, VTEX has more shares outstanding
VTEX has less shares outstanding than it did 5 years ago.
VTEX has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 8.73 indicates that VTEX is not in any danger for bankruptcy at the moment.
VTEX has a better Altman-Z score (8.73) than 82.86% of its industry peers.
The Debt to FCF ratio of VTEX is 0.13, which is an excellent value as it means it would take VTEX, only 0.13 years of fcf income to pay off all of its debts.
VTEX has a Debt to FCF ratio of 0.13. This is amongst the best in the industry. VTEX outperforms 82.86% of its industry peers.
VTEX has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.01, VTEX perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.13 | ||
| Altman-Z | 8.73 |
ROIC/WACC0.18
WACC15.5%
2.3 Liquidity
A Current Ratio of 3.51 indicates that VTEX has no problem at all paying its short term obligations.
VTEX has a Current ratio of 3.51. This is in the better half of the industry: VTEX outperforms 72.86% of its industry peers.
VTEX has a Quick Ratio of 3.51. This indicates that VTEX is financially healthy and has no problem in meeting its short term obligations.
VTEX has a better Quick ratio (3.51) than 72.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.51 | ||
| Quick Ratio | 3.51 |
3. Growth
3.1 Past
VTEX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 280.00%, which is quite impressive.
Looking at the last year, VTEX shows a quite strong growth in Revenue. The Revenue has grown by 12.50% in the last year.
VTEX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 29.90% yearly.
EPS 1Y (TTM)280%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%138.46%
Revenue 1Y (TTM)12.5%
Revenue growth 3Y21.69%
Revenue growth 5Y29.9%
Sales Q2Q%2.88%
3.2 Future
Based on estimates for the next years, VTEX will show a very strong growth in Earnings Per Share. The EPS will grow by 53.18% on average per year.
Based on estimates for the next years, VTEX will show a quite strong growth in Revenue. The Revenue will grow by 11.00% on average per year.
EPS Next Y53.81%
EPS Next 2Y60.11%
EPS Next 3Y53.18%
EPS Next 5YN/A
Revenue Next Year7.64%
Revenue Next 2Y11.76%
Revenue Next 3Y13.96%
Revenue Next 5Y11%
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 82.50, the valuation of VTEX can be described as expensive.
VTEX's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.15. VTEX is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 40.87, the valuation of VTEX can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VTEX is on the same level as its industry peers.
VTEX's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 21.60.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 82.5 | ||
| Fwd PE | 40.87 |
4.2 Price Multiples
VTEX's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VTEX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 47.9 | ||
| EV/EBITDA | 53.11 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as VTEX's earnings are expected to grow with 53.18% in the coming years.
PEG (NY)1.53
PEG (5Y)N/A
EPS Next 2Y60.11%
EPS Next 3Y53.18%
5. Dividend
5.1 Amount
VTEX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.6
+0.14 (+2.17%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)
Earnings (Next)
Inst Owners35.51%
Inst Owner Change-2.98%
Ins Owners1.68%
Ins Owner ChangeN/A
Market Cap1.21B
Analysts80
Price Target9.57 (45%)
Short Float %4.03%
Short Ratio2.76
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)-12.11%
Min EPS beat(2)-16.67%
Max EPS beat(2)-7.56%
EPS beat(4)1
Avg EPS beat(4)-6.06%
Min EPS beat(4)-154.9%
Max EPS beat(4)154.9%
EPS beat(8)3
Avg EPS beat(8)17.58%
EPS beat(12)5
Avg EPS beat(12)13.8%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-4.31%
Min Revenue beat(2)-4.44%
Max Revenue beat(2)-4.19%
Revenue beat(4)0
Avg Revenue beat(4)-3.1%
Min Revenue beat(4)-4.44%
Max Revenue beat(4)-0.31%
Revenue beat(8)4
Avg Revenue beat(8)-0.49%
Revenue beat(12)7
Avg Revenue beat(12)-0.42%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-3.76%
PT rev (3m)-3.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-200%
EPS NY rev (1m)-13.64%
EPS NY rev (3m)-15.56%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)-3.91%
Revenue NY rev (3m)-4.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 82.5 | ||
| Fwd PE | 40.87 | ||
| P/S | 5.32 | ||
| P/FCF | 47.9 | ||
| P/OCF | 44.26 | ||
| P/B | 4.72 | ||
| P/tB | 5.32 | ||
| EV/EBITDA | 53.11 |
EPS(TTM)0.08
EY1.21%
EPS(NY)0.16
Fwd EY2.45%
FCF(TTM)0.14
FCFY2.09%
OCF(TTM)0.15
OCFY2.26%
SpS1.24
BVpS1.4
TBVpS1.24
PEG (NY)1.53
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.27% | ||
| ROE | 4.69% | ||
| ROCE | 3.53% | ||
| ROIC | 2.79% | ||
| ROICexc | 11.24% | ||
| ROICexgc | 19% | ||
| OM | 4.46% | ||
| PM (TTM) | 5.29% | ||
| GM | 73.79% | ||
| FCFM | 11.11% |
ROA(3y)-5.13%
ROA(5y)-6.12%
ROE(3y)-6.69%
ROE(5y)-7.95%
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 3Y6.8%
GM growth 5Y1.94%
F-Score9
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.13 | ||
| Debt/EBITDA | 0.12 | ||
| Cap/Depr | 47.42% | ||
| Cap/Sales | 0.91% | ||
| Interest Coverage | 27.38 | ||
| Cash Conversion | 188.41% | ||
| Profit Quality | 209.93% | ||
| Current Ratio | 3.51 | ||
| Quick Ratio | 3.51 | ||
| Altman-Z | 8.73 |
F-Score9
WACC15.5%
ROIC/WACC0.18
Cap/Depr(3y)21.4%
Cap/Depr(5y)35.19%
Cap/Sales(3y)0.45%
Cap/Sales(5y)0.89%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)280%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%138.46%
EPS Next Y53.81%
EPS Next 2Y60.11%
EPS Next 3Y53.18%
EPS Next 5YN/A
Revenue 1Y (TTM)12.5%
Revenue growth 3Y21.69%
Revenue growth 5Y29.9%
Sales Q2Q%2.88%
Revenue Next Year7.64%
Revenue Next 2Y11.76%
Revenue Next 3Y13.96%
Revenue Next 5Y11%
EBIT growth 1Y169.19%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year76.98%
EBIT Next 3Y61.75%
EBIT Next 5Y27.18%
FCF growth 1Y565.09%
FCF growth 3YN/A
FCF growth 5Y153.63%
OCF growth 1Y539.96%
OCF growth 3YN/A
OCF growth 5Y67.46%