VTEX -CLASS A (VTEX)
KYG9470A1022 - Common Stock
We assign a fundamental rating of 5 out of 10 to VTEX. VTEX was compared to 68 industry peers in the Interactive Media & Services industry. While VTEX has a great health rating, there are worries on its profitability. VTEX shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
VTEX had negative earnings in the past year.
In the past year VTEX had a positive cash flow from operations.
VTEX had negative earnings in each of the past 5 years.
In multiple years VTEX reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -2.37%, VTEX is in line with its industry, outperforming 50.75% of the companies in the same industry.
VTEX has a Return On Equity (-3.38%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.37% | ||
| ROE | -3.38% | ||
| ROIC | N/A |
ROA(3y)-11.08%
ROA(5y)-7.72%
ROE(3y)-14.42%
ROE(5y)-10.85%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VTEX's Gross Margin of 71.14% is in line compared to the rest of the industry. VTEX outperforms 58.21% of its industry peers.
In the last couple of years the Gross Margin of VTEX has grown nicely.
VTEX 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 | 71.14% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.57%
GM growth 5YN/A
2. Health
2.1 Basic Checks
VTEX does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for VTEX has been reduced compared to 1 year ago.
Compared to 1 year ago, VTEX has an improved debt to assets ratio.
2.2 Solvency
VTEX has an Altman-Z score of 9.31. This indicates that VTEX is financially healthy and has little risk of bankruptcy at the moment.
VTEX's Altman-Z score of 9.31 is amongst the best of the industry. VTEX outperforms 91.04% of its industry peers.
The Debt to FCF ratio of VTEX is 0.33, which is an excellent value as it means it would take VTEX, only 0.33 years of fcf income to pay off all of its debts.
VTEX has a Debt to FCF ratio of 0.33. This is amongst the best in the industry. VTEX outperforms 80.60% of its industry peers.
VTEX has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
VTEX has a Debt to Equity ratio of 0.01. This is comparable to the rest of the industry: VTEX outperforms 58.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.33 | ||
| Altman-Z | 9.31 |
ROIC/WACCN/A
WACC8.96%
2.3 Liquidity
VTEX has a Current Ratio of 3.42. This indicates that VTEX is financially healthy and has no problem in meeting its short term obligations.
VTEX has a better Current ratio (3.42) than 73.13% of its industry peers.
VTEX has a Quick Ratio of 3.42. This indicates that VTEX is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 3.42, VTEX is doing good in the industry, outperforming 73.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.42 | ||
| Quick Ratio | 3.42 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 78.37% over the past year.
The Revenue has grown by 28.24% in the past year. This is a very strong growth!
VTEX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 26.86% yearly.
EPS 1Y (TTM)78.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%69.05%
Revenue 1Y (TTM)28.24%
Revenue growth 3Y26.86%
Revenue growth 5YN/A
Sales Q2Q%24.52%
3.2 Future
The Earnings Per Share is expected to grow by 74.44% on average over the next years. This is a very strong growth
Based on estimates for the next years, VTEX will show a very strong growth in Revenue. The Revenue will grow by 21.17% on average per year.
EPS Next Y189.59%
EPS Next 2Y111.69%
EPS Next 3Y74.44%
EPS Next 5YN/A
Revenue Next Year22.18%
Revenue Next 2Y22.41%
Revenue Next 3Y22.43%
Revenue Next 5Y21.17%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
VTEX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 36.06, 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.
The average S&P500 Price/Forward Earnings ratio is at 19.93. VTEX is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 36.06 |
4.2 Price Multiples
VTEX's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 114.37 | ||
| EV/EBITDA | N/A |
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 74.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y111.69%
EPS Next 3Y74.44%
5. Dividend
5.1 Amount
No dividends for VTEX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
VTEX -CLASS A
NYSE:VTEX (6/11/2024, 7:21:52 PM)
After market: 6.62 0 (0%)6.62
-0.04 (-0.6%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.22B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 36.06 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.37% | ||
| ROE | -3.38% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 71.14% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.42 | ||
| Quick Ratio | 3.42 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)78.37%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y189.59%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)28.24%
Revenue growth 3Y26.86%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y