VTEX -CLASS A (VTEX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VTEX - KYG9470A1022 - Common Stock
4.1 USD
+0.2 (+5.13%)
4.18 USD
+0.08 (+1.95%)
Taking everything into account, VTEX scores 6 out of 10 in our fundamental rating. VTEX was compared to 86 industry peers in the IT Services industry. While VTEX has a great health rating, its profitability is only average at the moment. VTEX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year VTEX was profitable.
VTEX had a positive operating cash flow in the past year.
VTEX had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: VTEX reported negative operating cash flow in multiple years.
1.2 Ratios
VTEX's Return On Assets of 4.65% is fine compared to the rest of the industry. VTEX outperforms 66.28% of its industry peers.
VTEX has a Return On Equity (6.81%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 4.15%, VTEX is in line with its industry, outperforming 54.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.65% | ||
| ROE | 6.81% | ||
| ROIC | 4.15% |
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
The Profit Margin of VTEX (7.03%) is better than 72.09% of its industry peers.
VTEX has a Operating Margin of 5.99%. This is in the better half of the industry: VTEX outperforms 60.47% of its industry peers.
VTEX's Gross Margin of 76.21% is amongst the best of the industry. VTEX outperforms 95.35% of its industry peers.
In the last couple of years the Gross Margin of VTEX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.99% | ||
| PM (TTM) | 7.03% | ||
| GM | 76.21% |
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
The number of shares outstanding for VTEX has been reduced compared to 5 years ago.
The debt/assets ratio for VTEX has been reduced compared to a year ago.
2.2 Solvency
VTEX has an Altman-Z score of 5.00. This indicates that VTEX is financially healthy and has little risk of bankruptcy at the moment.
VTEX has a Altman-Z score of 5.00. This is in the better half of the industry: VTEX outperforms 74.42% of its industry peers.
There is no outstanding debt for VTEX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5 |
ROIC/WACC0.48
WACC8.69%
2.3 Liquidity
A Current Ratio of 3.10 indicates that VTEX has no problem at all paying its short term obligations.
VTEX has a better Current ratio (3.10) than 81.40% of its industry peers.
A Quick Ratio of 3.10 indicates that VTEX has no problem at all paying its short term obligations.
VTEX's Quick ratio of 3.10 is amongst the best of the industry. VTEX outperforms 82.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.1 | ||
| Quick Ratio | 3.1 |
3. Growth
3.1 Past
VTEX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 91.30%, which is quite impressive.
Looking at the last year, VTEX shows a small growth in Revenue. The Revenue has grown by 3.62% 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)91.3%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
Revenue 1Y (TTM)3.62%
Revenue growth 3Y21.69%
Revenue growth 5Y29.9%
Sales Q2Q%6.45%
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 55.51% on average per year.
The Revenue is expected to grow by 9.10% on average over the next years. This is quite good.
EPS Next Y77.5%
EPS Next 2Y69.28%
EPS Next 3Y55.51%
EPS Next 5YN/A
Revenue Next Year5.02%
Revenue Next 2Y8.76%
Revenue Next 3Y10.56%
Revenue Next 5Y9.1%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 45.56, the valuation of VTEX can be described as expensive.
VTEX's Price/Earnings is on the same level as the industry average.
VTEX's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.15.
VTEX is valuated rather expensively with a Price/Forward Earnings ratio of 22.71.
The rest of the industry has a similar Price/Forward Earnings ratio as VTEX.
The average S&P500 Price/Forward Earnings ratio is at 36.12. VTEX is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.56 | ||
| Fwd PE | 22.71 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VTEX is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, VTEX is valued a bit cheaper than the industry average as 60.47% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.17 | ||
| EV/EBITDA | 20.71 |
4.3 Compensation for Growth
VTEX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as VTEX's earnings are expected to grow with 55.51% in the coming years.
PEG (NY)0.59
PEG (5Y)N/A
EPS Next 2Y69.28%
EPS Next 3Y55.51%
5. Dividend
5.1 Amount
VTEX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.1
+0.2 (+5.13%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners41.01%
Inst Owner Change-8.94%
Ins Owners1.7%
Ins Owner ChangeN/A
Market Cap746.04M
Revenue(TTM)234.09M
Net Income(TTM)16.47M
Analysts82.35
Price Target7.82 (90.73%)
Short Float %5.72%
Short Ratio2.24
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)-9.1%
Min EPS beat(2)-37.25%
Max EPS beat(2)19.05%
EPS beat(4)2
Avg EPS beat(4)43.07%
Min EPS beat(4)-37.25%
Max EPS beat(4)198.04%
EPS beat(8)4
Avg EPS beat(8)46.17%
EPS beat(12)6
Avg EPS beat(12)33.68%
EPS beat(16)8
Avg EPS beat(16)25.22%
Revenue beat(2)0
Avg Revenue beat(2)-3.18%
Min Revenue beat(2)-4.42%
Max Revenue beat(2)-1.94%
Revenue beat(4)1
Avg Revenue beat(4)-2.59%
Min Revenue beat(4)-4.44%
Max Revenue beat(4)0.43%
Revenue beat(8)2
Avg Revenue beat(8)-1.75%
Revenue beat(12)5
Avg Revenue beat(12)-1.11%
Revenue beat(16)8
Avg Revenue beat(16)-0.69%
PT rev (1m)-6.12%
PT rev (3m)-15.88%
EPS NQ rev (1m)5.68%
EPS NQ rev (3m)13.03%
EPS NY rev (1m)0%
EPS NY rev (3m)0.05%
Revenue NQ rev (1m)0.67%
Revenue NQ rev (3m)-3.11%
Revenue NY rev (1m)-0.33%
Revenue NY rev (3m)-1.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.56 | ||
| Fwd PE | 22.71 | ||
| P/S | 3.19 | ||
| P/FCF | 22.17 | ||
| P/OCF | 21.39 | ||
| P/B | 3.08 | ||
| P/tB | 3.61 | ||
| EV/EBITDA | 20.71 |
EPS(TTM)0.09
EY2.2%
EPS(NY)0.18
Fwd EY4.4%
FCF(TTM)0.18
FCFY4.51%
OCF(TTM)0.19
OCFY4.67%
SpS1.29
BVpS1.33
TBVpS1.13
PEG (NY)0.59
PEG (5Y)N/A
Graham Number1.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.65% | ||
| ROE | 6.81% | ||
| ROCE | 5.26% | ||
| ROIC | 4.15% | ||
| ROICexc | 17.29% | ||
| ROICexgc | 38.82% | ||
| OM | 5.99% | ||
| PM (TTM) | 7.03% | ||
| GM | 76.21% | ||
| FCFM | 14.37% |
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
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 3Y6.8%
GM growth 5Y1.94%
F-Score8
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 35.82% | ||
| Cap/Sales | 0.53% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 199.92% | ||
| Profit Quality | 204.32% | ||
| Current Ratio | 3.1 | ||
| Quick Ratio | 3.1 | ||
| Altman-Z | 5 |
F-Score8
WACC8.69%
ROIC/WACC0.48
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)91.3%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
EPS Next Y77.5%
EPS Next 2Y69.28%
EPS Next 3Y55.51%
EPS Next 5YN/A
Revenue 1Y (TTM)3.62%
Revenue growth 3Y21.69%
Revenue growth 5Y29.9%
Sales Q2Q%6.45%
Revenue Next Year5.02%
Revenue Next 2Y8.76%
Revenue Next 3Y10.56%
Revenue Next 5Y9.1%
EBIT growth 1Y61.42%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year75.01%
EBIT Next 3Y60.73%
EBIT Next 5Y45.35%
FCF growth 1Y1166.77%
FCF growth 3YN/A
FCF growth 5Y153.63%
OCF growth 1Y1331.5%
OCF growth 3YN/A
OCF growth 5Y67.46%
VTEX -CLASS A / VTEX FAQ
Can you provide the ChartMill fundamental rating for VTEX -CLASS A?
ChartMill assigns a fundamental rating of 6 / 10 to VTEX.
Can you provide the valuation status for VTEX -CLASS A?
ChartMill assigns a valuation rating of 4 / 10 to VTEX -CLASS A (VTEX). This can be considered as Fairly Valued.
Can you provide the profitability details for VTEX -CLASS A?
VTEX -CLASS A (VTEX) has a profitability rating of 4 / 10.
What is the earnings growth outlook for VTEX -CLASS A?
The Earnings per Share (EPS) of VTEX -CLASS A (VTEX) is expected to grow by 77.5% in the next year.