AVIDXCHANGE HOLDINGS INC (AVDX) Stock Fundamental Analysis
NASDAQ:AVDX - US05368X1028 - Common Stock
9.94 USD
+0.01 (+0.1%)
9.94 USD
0 (0%)
AVDX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 102 industry peers in the Financial Services industry. The financial health of AVDX is average, but there are quite some concerns on its profitability. AVDX is valued quite expensive, but it does show an excellent growth.
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
With a Return On Assets value of -0.40%, AVDX is not doing good in the industry: 77.45% of the companies in the same industry are doing better.
With a Return On Equity value of -1.17%, AVDX is not doing good in the industry: 74.51% of the companies in the same industry are doing better.
| 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
The Gross Margin of AVDX (72.52%) is better than 81.37% of its industry peers.
AVDX's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for AVDX so they could not be analyzed.
| 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.
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
Based on the Altman-Z score of 0.66, we must say that AVDX is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of AVDX (0.66) is comparable to the rest of the industry.
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 79.41% of the companies in the same industry.
AVDX has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AVDX (0.10) is better than 79.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 0.66 |
ROIC/WACCN/A
WACC8.87%
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 has a Current ratio of 1.33. This is in the better half of the industry: AVDX outperforms 60.78% of its industry peers.
A Quick Ratio of 1.33 indicates that AVDX should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.33, AVDX is in the better half of the industry, outperforming 62.75% of the companies in the same industry.
| 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.
AVDX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.04%.
The Revenue has been growing by 24.02% on average over the past years. This is a very strong growth!
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
Based on estimates for the next years, AVDX will show a very strong growth in Earnings Per Share. The EPS will grow by 31.94% on average per year.
The Revenue is expected to grow by 12.59% on average over the next years. This is quite good.
EPS Next Y3.18%
EPS Next 2Y16.56%
EPS Next 3Y9.3%
EPS Next 5Y31.94%
Revenue Next Year3.68%
Revenue Next 2Y6.66%
Revenue Next 3Y7.48%
Revenue Next 5Y12.59%
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
AVDX is valuated quite expensively with a Price/Earnings ratio of 39.76.
73.53% of the companies in the same industry are cheaper than AVDX, based on the Price/Earnings ratio.
AVDX is valuated rather expensively when we compare the Price/Earnings ratio to 27.13, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 29.26, which means the current valuation is very expensive for AVDX.
72.55% of the companies in the same industry are cheaper than AVDX, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.76. AVDX is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.76 | ||
| Fwd PE | 29.26 |
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 65.69% of the companies in the same industry.
AVDX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.85 | ||
| EV/EBITDA | 89.52 |
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.
PEG (NY)12.49
PEG (5Y)N/A
EPS Next 2Y16.56%
EPS Next 3Y9.3%
5. Dividend
5.1 Amount
No dividends for AVDX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
9.94
+0.01 (+0.1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners77.72%
Inst Owner Change-3.1%
Ins Owners9.28%
Ins Owner Change-0.16%
Market Cap2.06B
Analysts52.86
Price Target9.76 (-1.81%)
Short Float %2.03%
Short Ratio1.73
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)-0.56%
PT rev (3m)1.9%
EPS NQ rev (1m)4.38%
EPS NQ rev (3m)-21.76%
EPS NY rev (1m)-0.79%
EPS NY rev (3m)-3.56%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)-5.04%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.76 | ||
| Fwd PE | 29.26 | ||
| P/S | 4.62 | ||
| P/FCF | 32.85 | ||
| P/OCF | 24.69 | ||
| P/B | 3 | ||
| P/tB | 4.52 | ||
| EV/EBITDA | 89.52 |
EPS(TTM)0.25
EY2.52%
EPS(NY)0.34
Fwd EY3.42%
FCF(TTM)0.3
FCFY3.04%
OCF(TTM)0.4
OCFY4.05%
SpS2.15
BVpS3.31
TBVpS2.2
PEG (NY)12.49
PEG (5Y)N/A
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
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-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 | 0.66 |
F-Score7
WACC8.87%
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 Y3.18%
EPS Next 2Y16.56%
EPS Next 3Y9.3%
EPS Next 5Y31.94%
Revenue 1Y (TTM)8.04%
Revenue growth 3Y20.9%
Revenue growth 5Y24.02%
Sales Q2Q%5.17%
Revenue Next Year3.68%
Revenue Next 2Y6.66%
Revenue Next 3Y7.48%
Revenue Next 5Y12.59%
EBIT growth 1Y13.34%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year24610.6%
EBIT Next 3Y623.72%
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