IPATH SERIES B S&P 500 VIX (VXX) Stock Price, Quote, News and Overview
NYSEARCA:VXX - NYSE Arca - US06748M1962 - ETF - Currency: USD
Overall VXX gets a fundamental rating of 3 out of 10. We evaluated VXX against 396 industry peers in the Banks industry. VXX may be in some trouble as it scores bad on both profitability and health. 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.
In the past year VXX had a positive cash flow from operations.
Each year in the past 5 years VXX has been profitable.
Of the past 5 years VXX 4 years had a positive operating cash flow.
1.2 Ratios
VXX has a worse Return On Assets (0.35%) than 83.08% of its industry peers.
VXX has a Return On Equity (7.40%) which 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's Profit Margin of 17.31% is on the low side compared to the rest of the industry. VXX is outperformed by 71.46% of its industry peers.
In the last couple of years the Profit Margin of VXX has grown nicely.
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.
The number of shares outstanding for VXX has been reduced compared to 1 year ago.
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 has a worse Debt to FCF ratio (45.13) than 85.10% of its industry peers.
A Debt/Equity ratio of 3.48 is on the high side and indicates that VXX has dependencies on debt financing.
VXX's Debt to Equity ratio of 3.48 is on the low side compared to the rest of the industry. VXX is outperformed by 95.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.48 | ||
| Debt/FCF | 45.13 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC5.94%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
VXX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.59%, which is quite impressive.
The Earnings Per Share has been growing by 11.00% on average over the past years. This is quite good.
Looking at the last year, VXX shows a small growth in Revenue. The Revenue has grown by 5.48% in the last year.
The Revenue has been growing slightly by 5.03% on average over the past years.
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
Based on estimates for the next years, VXX will show a small growth in Earnings Per Share. The EPS will grow by 3.07% on average per year.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 17.79, the valuation of VXX can be described as rather expensive.
Based on the Price/Earnings ratio, VXX is valued a bit more expensive than 76.01% of the companies in the same industry.
VXX is valuated rather cheaply when we compare the Price/Earnings ratio to 28.04, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 14.21, the valuation of VXX can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VXX indicates a slightly more expensive valuation: VXX is more expensive than 71.97% of the companies listed in the same industry.
VXX is valuated cheaply when we compare the Price/Forward Earnings ratio to 37.64, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.79 | ||
| Fwd PE | 14.21 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, VXX is valued a bit more expensive than the industry average as 73.23% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.96 | ||
| 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.
VXX's earnings are expected to grow with 14.54% in the coming years. This may justify a more expensive valuation.
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 3.27, VXX is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.35, VXX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.39% |
5.2 History
On average, the dividend of VXX grows each year by 6.61%, which is quite nice.
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
VXX pays out 42.53% of its income as dividend. 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)-17.38%
PT rev (3m)-21.16%
EPS NQ rev (1m)0.32%
EPS NQ rev (3m)1.87%
EPS NY rev (1m)0.32%
EPS NY rev (3m)0.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.79 | ||
| Fwd PE | 14.21 | ||
| P/S | 3.6 | ||
| P/FCF | 19.96 | ||
| P/OCF | 15.54 | ||
| P/B | 1.54 | ||
| P/tB | 1.74 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.38
EY5.62%
EPS(NY)2.98
Fwd EY7.04%
FCF(TTM)2.12
FCFY5.01%
OCF(TTM)2.72
OCFY6.43%
SpS11.75
BVpS27.5
TBVpS24.33
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
WACC5.94%
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