VTEX -CLASS A (VTEX) Stock Fundamental Analysis
NYSE:VTEX - New York Stock Exchange, Inc. - KYG9470A1022 - Common Stock - Currency: USD
VTEX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 71 industry peers in the Interactive Media & Services industry. VTEX has an excellent financial health rating, but there are some minor concerns on its profitability. VTEX is valued quite expensive, but it does show an excellent growth.
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 has a better Return On Assets (3.27%) than 66.20% of its industry peers.
VTEX's Return On Equity of 4.69% is fine compared to the rest of the industry. VTEX outperforms 67.61% of its industry peers.
VTEX has a better Return On Invested Capital (2.79%) than 66.20% 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 has a Profit Margin of 5.29%. This is in the better half of the industry: VTEX outperforms 71.83% of its industry peers.
Looking at the Operating Margin, with a value of 4.46%, VTEX is in the better half of the industry, outperforming 61.97% 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 63.38% 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
VTEX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for VTEX has been increased compared to 1 year ago.
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 8.91 indicates that VTEX is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 8.91, VTEX belongs to the top of the industry, outperforming 83.10% of the companies in the same industry.
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.
With an excellent Debt to FCF ratio value of 0.13, VTEX belongs to the best of the industry, outperforming 83.10% of the companies in the same industry.
VTEX has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.01, VTEX is doing good in the industry, outperforming 60.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.13 | ||
| Altman-Z | 8.91 |
ROIC/WACC0.3
WACC9.21%
2.3 Liquidity
A Current Ratio of 3.51 indicates that VTEX has no problem at all paying its short term obligations.
VTEX's Current ratio of 3.51 is fine compared to the rest of the industry. VTEX outperforms 73.24% of its industry peers.
A Quick Ratio of 3.51 indicates that VTEX has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 3.51, VTEX is in the better half of the industry, outperforming 73.24% of the companies in the same industry.
| 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.
VTEX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.50%.
The Revenue has been growing by 29.90% on average over the past years. This is a very strong growth!
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
The Earnings Per Share is expected to grow by 47.94% on average over the next years. This is a very strong growth
VTEX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.00% yearly.
EPS Next Y78.1%
EPS Next 2Y68.33%
EPS Next 3Y47.94%
EPS Next 5YN/A
Revenue Next Year7.93%
Revenue Next 2Y11.19%
Revenue Next 3Y12.98%
Revenue Next 5Y11%
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 80.13, which means the current valuation is very expensive for VTEX.
VTEX's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of VTEX to the average of the S&P500 Index (26.32), we can say VTEX is valued expensively.
A Price/Forward Earnings ratio of 35.91 indicates a quite expensive valuation of VTEX.
The rest of the industry has a similar Price/Forward Earnings ratio as VTEX.
VTEX's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80.13 | ||
| Fwd PE | 35.91 |
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 | 46.52 | ||
| EV/EBITDA | 55.39 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
VTEX's earnings are expected to grow with 47.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.03
PEG (5Y)N/A
EPS Next 2Y68.33%
EPS Next 3Y47.94%
5. Dividend
5.1 Amount
No dividends for VTEX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.41
-0.23 (-3.46%)
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 Cap1.17B
Analysts80
Price Target9.4 (46.65%)
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)-5.47%
PT rev (3m)-7.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-200%
EPS NY rev (1m)0%
EPS NY rev (3m)-21.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)-3.66%
Revenue NY rev (3m)-4.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 80.13 | ||
| Fwd PE | 35.91 | ||
| P/S | 5.17 | ||
| P/FCF | 46.52 | ||
| P/OCF | 42.99 | ||
| P/B | 4.58 | ||
| P/tB | 5.17 | ||
| EV/EBITDA | 55.39 |
EPS(TTM)0.08
EY1.25%
EPS(NY)0.18
Fwd EY2.78%
FCF(TTM)0.14
FCFY2.15%
OCF(TTM)0.15
OCFY2.33%
SpS1.24
BVpS1.4
TBVpS1.24
PEG (NY)1.03
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 | 8.91 |
F-Score9
WACC9.21%
ROIC/WACC0.3
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 Y78.1%
EPS Next 2Y68.33%
EPS Next 3Y47.94%
EPS Next 5YN/A
Revenue 1Y (TTM)12.5%
Revenue growth 3Y21.69%
Revenue growth 5Y29.9%
Sales Q2Q%2.88%
Revenue Next Year7.93%
Revenue Next 2Y11.19%
Revenue Next 3Y12.98%
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%