VTEX -CLASS A (VTEX) Stock Fundamental Analysis
USA - NYSE:VTEX - KYG9470A1022 - Common Stock
4.53 USD
-0.12 (-2.58%)
4.59 USD
+0.06 (+1.32%)
VTEX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 86 industry peers in the IT 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 quite expensive at the moment. It does show a decent growth rate.
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 has a Return On Assets of 3.65%. This is in the better half of the industry: VTEX outperforms 61.63% of its industry peers.
VTEX has a Return On Equity of 5.34%. This is in the better half of the industry: VTEX outperforms 60.47% of its industry peers.
VTEX has a Return On Invested Capital (3.59%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.65% | ||
| ROE | 5.34% | ||
| ROIC | 3.59% |
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 5.80% is fine compared to the rest of the industry. VTEX outperforms 67.44% of its industry peers.
VTEX has a Operating Margin (5.52%) which is in line with its industry peers.
Looking at the Gross Margin, with a value of 75.51%, VTEX belongs to the top of the industry, outperforming 91.86% 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 | 5.52% | ||
| PM (TTM) | 5.8% | ||
| GM | 75.51% |
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
VTEX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
VTEX has more shares outstanding than it did 1 year ago.
VTEX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for VTEX has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 5.39 indicates that VTEX is not in any danger for bankruptcy at the moment.
VTEX's Altman-Z score of 5.39 is fine compared to the rest of the industry. VTEX outperforms 75.58% 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 | 5.39 |
ROIC/WACC0.22
WACC16.16%
2.3 Liquidity
A Current Ratio of 3.31 indicates that VTEX has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.31, VTEX belongs to the best of the industry, outperforming 82.56% of the companies in the same industry.
VTEX has a Quick Ratio of 3.31. This indicates that VTEX is financially healthy and has no problem in meeting its short term obligations.
VTEX's Quick ratio of 3.31 is amongst the best of the industry. VTEX outperforms 83.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.31 | ||
| Quick Ratio | 3.31 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 343.75% over the past year.
VTEX shows a small growth in Revenue. In the last year, the Revenue has grown by 4.51%.
VTEX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 29.90% yearly.
EPS 1Y (TTM)343.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-38.46%
Revenue 1Y (TTM)4.51%
Revenue growth 3Y21.69%
Revenue growth 5Y29.9%
Sales Q2Q%3.98%
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 57.43% on average per year.
The Revenue is expected to grow by 10.92% on average over the next years. This is quite good.
EPS Next Y77.4%
EPS Next 2Y64.36%
EPS Next 3Y57.43%
EPS Next 5YN/A
Revenue Next Year6.62%
Revenue Next 2Y10.41%
Revenue Next 3Y13.25%
Revenue Next 5Y10.92%
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
A Price/Earnings ratio of 64.71 indicates a quite expensive valuation of VTEX.
VTEX's Price/Earnings is on the same level as the industry average.
VTEX is valuated expensively when we compare the Price/Earnings ratio to 27.38, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 26.62, which means the current valuation is very expensive for VTEX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VTEX is on the same level as its industry peers.
VTEX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.71 | ||
| Fwd PE | 26.62 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as VTEX.
VTEX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.39 | ||
| EV/EBITDA | 26.88 |
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.
VTEX's earnings are expected to grow with 57.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.84
PEG (5Y)N/A
EPS Next 2Y64.36%
EPS Next 3Y57.43%
5. Dividend
5.1 Amount
No dividends for VTEX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.53
-0.12 (-2.58%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners35.6%
Inst Owner Change6.46%
Ins Owners1.68%
Ins Owner ChangeN/A
Market Cap824.28M
Analysts80
Price Target9.01 (98.9%)
Short Float %7.69%
Short Ratio3.35
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)80.39%
Min EPS beat(2)-37.25%
Max EPS beat(2)198.04%
EPS beat(4)1
Avg EPS beat(4)34.14%
Min EPS beat(4)-37.25%
Max EPS beat(4)198.04%
EPS beat(8)4
Avg EPS beat(8)50.16%
EPS beat(12)6
Avg EPS beat(12)32.64%
EPS beat(16)8
Avg EPS beat(16)26.61%
Revenue beat(2)1
Avg Revenue beat(2)-2%
Min Revenue beat(2)-4.42%
Max Revenue beat(2)0.43%
Revenue beat(4)1
Avg Revenue beat(4)-3.15%
Min Revenue beat(4)-4.44%
Max Revenue beat(4)0.43%
Revenue beat(8)3
Avg Revenue beat(8)-1.42%
Revenue beat(12)6
Avg Revenue beat(12)-0.94%
Revenue beat(16)8
Avg Revenue beat(16)-0.57%
PT rev (1m)-8.85%
PT rev (3m)-4.21%
EPS NQ rev (1m)10.41%
EPS NQ rev (3m)17.77%
EPS NY rev (1m)1.32%
EPS NY rev (3m)-0.39%
Revenue NQ rev (1m)-1.17%
Revenue NQ rev (3m)-3.36%
Revenue NY rev (1m)-1.23%
Revenue NY rev (3m)-1.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.71 | ||
| Fwd PE | 26.62 | ||
| P/S | 3.58 | ||
| P/FCF | 24.39 | ||
| P/OCF | 23.68 | ||
| P/B | 3.29 | ||
| P/tB | 3.84 | ||
| EV/EBITDA | 26.88 |
EPS(TTM)0.07
EY1.55%
EPS(NY)0.17
Fwd EY3.76%
FCF(TTM)0.19
FCFY4.1%
OCF(TTM)0.19
OCFY4.22%
SpS1.27
BVpS1.38
TBVpS1.18
PEG (NY)0.84
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.65% | ||
| ROE | 5.34% | ||
| ROCE | 4.54% | ||
| ROIC | 3.59% | ||
| ROICexc | 14.56% | ||
| ROICexgc | 30.16% | ||
| OM | 5.52% | ||
| PM (TTM) | 5.8% | ||
| GM | 75.51% | ||
| FCFM | 14.66% |
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-Score8
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 27.43% | ||
| Cap/Sales | 0.44% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 212.3% | ||
| Profit Quality | 252.97% | ||
| Current Ratio | 3.31 | ||
| Quick Ratio | 3.31 | ||
| Altman-Z | 5.39 |
F-Score8
WACC16.16%
ROIC/WACC0.22
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)343.75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-38.46%
EPS Next Y77.4%
EPS Next 2Y64.36%
EPS Next 3Y57.43%
EPS Next 5YN/A
Revenue 1Y (TTM)4.51%
Revenue growth 3Y21.69%
Revenue growth 5Y29.9%
Sales Q2Q%3.98%
Revenue Next Year6.62%
Revenue Next 2Y10.41%
Revenue Next 3Y13.25%
Revenue Next 5Y10.92%
EBIT growth 1Y444.73%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year72.27%
EBIT Next 3Y58.49%
EBIT Next 5Y27.18%
FCF growth 1Y470.6%
FCF growth 3YN/A
FCF growth 5Y153.63%
OCF growth 1Y496.91%
OCF growth 3YN/A
OCF growth 5Y67.46%