AVIDXCHANGE HOLDINGS INC (AVDX) Stock Fundamental Analysis
USA - NASDAQ:AVDX - US05368X1028 - Common Stock
10 USD
0 (0%)
9.99 USD
-0.01 (-0.1%)
We assign a fundamental rating of 4 out of 10 to AVDX. AVDX was compared to 99 industry peers in the Financial Services industry. While AVDX seems to be doing ok healthwise, 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.
In multiple years AVDX reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of AVDX (-0.40%) is worse than 77.78% of its industry peers.
With a Return On Equity value of -1.17%, AVDX is not doing good in the industry: 74.75% 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
AVDX has a Gross Margin of 72.52%. This is amongst the best in the industry. AVDX outperforms 80.81% of its industry peers.
In the last couple of years the Gross Margin of AVDX has grown nicely.
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.
AVDX has a better debt/assets ratio than last year.
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.
The Altman-Z score of AVDX (0.67) 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.
AVDX's Debt to FCF ratio of 1.15 is fine compared to the rest of the industry. AVDX outperforms 78.79% of its industry peers.
AVDX has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.10, AVDX belongs to the top of the industry, outperforming 80.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | 0.67 |
ROIC/WACCN/A
WACC8.69%
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.
The Current ratio of AVDX (1.33) is better than 61.62% of its industry peers.
AVDX has a Quick 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.
Looking at the Quick ratio, with a value of 1.33, AVDX is in the better half of the industry, outperforming 63.64% 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
The Earnings Per Share is expected to grow by 31.94% on average over the next years. This is a very strong growth
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
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
The Price/Earnings ratio is 40.00, which means the current valuation is very expensive for AVDX.
Based on the Price/Earnings ratio, AVDX is valued a bit more expensive than the industry average as 71.72% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of AVDX to the average of the S&P500 Index (27.29), we can say AVDX is valued slightly more expensively.
The Price/Forward Earnings ratio is 29.64, which means the current valuation is very expensive for AVDX.
AVDX's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. AVDX is more expensive than 73.74% of the companies in the same industry.
AVDX is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.85, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40 | ||
| Fwd PE | 29.64 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AVDX indicates a slightly more expensive valuation: AVDX is more expensive than 66.67% of the companies listed in the same industry.
AVDX's Price/Free Cash Flow ratio is in line with 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 an expensive valuation of the company.
A more expensive valuation may be justified as AVDX's earnings are expected to grow with 12.07% in the coming years.
PEG (NY)4.95
PEG (5Y)N/A
EPS Next 2Y16.17%
EPS Next 3Y12.07%
5. Dividend
5.1 Amount
AVDX does not give a dividend.
| 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-0.01%
Ins Owners8.97%
Ins Owner Change0.18%
Market Cap2.08B
Analysts52.86
Price Target9.76 (-2.4%)
Short Float %2.64%
Short Ratio2.8
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)-2.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.74%
EPS NY rev (1m)4.74%
EPS NY rev (3m)3.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.14%
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
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 | 0.67 |
F-Score7
WACC8.69%
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