IPATH SERIES B S&P 500 VIX (VXX) Stock Price, Quote, News and Overview
NYSEARCA:VXX - NYSE Arca - US06748M1962 - ETF - Currency: USD
Taking everything into account, VXX scores 3 out of 10 in our fundamental rating. VXX was compared to 393 industry peers in the Banks industry. Both the profitability and financial health of VXX have multiple concerns. VXX is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year VXX was profitable.
VXX had a positive operating cash flow in the past year.
In the past 5 years VXX has always been profitable.
VXX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
VXX's Return On Assets of 0.35% is on the low side compared to the rest of the industry. VXX is outperformed by 83.08% of its industry peers.
The Return On Equity of VXX (7.40%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.35% | ||
| ROE | 7.4% | ||
| ROIC | N/A |
ROA(3y)0.32%
ROA(5y)0.31%
ROE(3y)6.92%
ROE(5y)6.46%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VXX has a Profit Margin of 17.31%. This is in the lower half of the industry: VXX underperforms 71.46% of its industry peers.
VXX's Profit Margin has improved in the last couple of years.
The Operating Margin and Gross Margin are not available for VXX so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 17.31% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-12.74%
PM growth 5Y11.07%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
VXX does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, VXX has less shares outstanding
VXX has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, VXX has about the same debt to assets ratio.
2.2 Solvency
VXX has a debt to FCF ratio of 45.13. This is a negative value and a sign of low solvency as VXX would need 45.13 years to pay back of all of its debts.
VXX's Debt to FCF ratio of 45.13 is on the low side compared to the rest of the industry. VXX is outperformed by 85.35% of its industry peers.
VXX has a Debt/Equity ratio of 3.48. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 3.48, VXX is doing worse than 95.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.48 | ||
| Debt/FCF | 45.13 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC5.96%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.59% over the past year.
Measured over the past years, VXX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.00% on average per year.
The Revenue has been growing slightly by 5.48% in the past year.
VXX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.03% yearly.
EPS 1Y (TTM)26.59%
EPS 3Y0.56%
EPS 5Y11%
EPS Q2Q%19.43%
Revenue 1Y (TTM)5.48%
Revenue growth 3Y7.87%
Revenue growth 5Y5.03%
Sales Q2Q%N/A
3.2 Future
The Earnings Per Share is expected to grow by 3.07% on average over the next years.
VXX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.83% yearly.
EPS Next Y8.25%
EPS Next 2Y14.98%
EPS Next 3Y14.54%
EPS Next 5Y3.07%
Revenue Next Year7.41%
Revenue Next 2Y6.01%
Revenue Next 3Y5.12%
Revenue Next 5Y2.83%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 17.86, VXX is valued on the expensive side.
Based on the Price/Earnings ratio, VXX is valued a bit more expensive than the industry average as 76.26% of the companies are valued more cheaply.
VXX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.05.
A Price/Forward Earnings ratio of 14.27 indicates a correct valuation of VXX.
VXX's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. VXX is more expensive than 71.72% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of VXX to the average of the S&P500 Index (37.67), we can say VXX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.86 | ||
| Fwd PE | 14.27 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, VXX is valued a bit more expensive than 73.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.06 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates VXX does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as VXX's earnings are expected to grow with 14.54% in the coming years.
PEG (NY)2.16
PEG (5Y)1.62
EPS Next 2Y14.98%
EPS Next 3Y14.54%
5. Dividend
5.1 Amount
VXX has a Yearly Dividend Yield of 2.39%. Purely for dividend investing, there may be better candidates out there.
The stock price of VXX dropped by -33.17% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 3.38, VXX is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.30, VXX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
5.2 History
The dividend of VXX is nicely growing with an annual growth rate of 6.61%!
VXX does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)6.61%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
42.53% of the earnings are spent on dividend by VXX. This is a bit on the high side, but may be sustainable.
The dividend of VXX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP42.53%
EPS Next 2Y14.98%
EPS Next 3Y14.54%
42.33
-0.35 (-0.82%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners51.51%
Inst Owner Change0.01%
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap149.44B
Analysts80
Price Target50.98 (20.43%)
Short Float %0.25%
Short Ratio2.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
Yearly Dividend0.88
Dividend Growth(5Y)6.61%
DP42.53%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)44.46%
Min EPS beat(2)24.76%
Max EPS beat(2)64.16%
EPS beat(4)4
Avg EPS beat(4)30.77%
Min EPS beat(4)9.57%
Max EPS beat(4)64.16%
EPS beat(8)8
Avg EPS beat(8)27.47%
EPS beat(12)12
Avg EPS beat(12)27.29%
EPS beat(16)16
Avg EPS beat(16)30.27%
Revenue beat(2)2
Avg Revenue beat(2)2.76%
Min Revenue beat(2)1.49%
Max Revenue beat(2)4.03%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-18.15%
PT rev (3m)-43.98%
EPS NQ rev (1m)0.58%
EPS NQ rev (3m)2.13%
EPS NY rev (1m)0.58%
EPS NY rev (3m)1.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.86 | ||
| Fwd PE | 14.27 | ||
| P/S | 3.62 | ||
| P/FCF | 20.06 | ||
| P/OCF | 15.62 | ||
| P/B | 1.55 | ||
| P/tB | 1.75 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.37
EY5.6%
EPS(NY)2.97
Fwd EY7.01%
FCF(TTM)2.11
FCFY4.99%
OCF(TTM)2.71
OCFY6.4%
SpS11.7
BVpS27.37
TBVpS24.21
PEG (NY)2.16
PEG (5Y)1.62
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.35% | ||
| ROE | 7.4% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 17.31% | ||
| GM | N/A | ||
| FCFM | 18.04% |
ROA(3y)0.32%
ROA(5y)0.31%
ROE(3y)6.92%
ROE(5y)6.46%
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 3Y-12.74%
PM growth 5Y11.07%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.48 | ||
| Debt/FCF | 45.13 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 90.77% | ||
| Cap/Sales | 5.13% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 104.2% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC5.96%
ROIC/WACCN/A
Cap/Depr(3y)89.52%
Cap/Depr(5y)85.55%
Cap/Sales(3y)5.72%
Cap/Sales(5y)5.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.59%
EPS 3Y0.56%
EPS 5Y11%
EPS Q2Q%19.43%
EPS Next Y8.25%
EPS Next 2Y14.98%
EPS Next 3Y14.54%
EPS Next 5Y3.07%
Revenue 1Y (TTM)5.48%
Revenue growth 3Y7.87%
Revenue growth 5Y5.03%
Sales Q2Q%N/A
Revenue Next Year7.41%
Revenue Next 2Y6.01%
Revenue Next 3Y5.12%
Revenue Next 5Y2.83%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y309.41%
FCF growth 3Y-51.04%
FCF growth 5YN/A
OCF growth 1Y867.31%
OCF growth 3Y-47.42%
OCF growth 5YN/A