Company Valuation: VTEX

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,038 718.7 1,292 1,089 668.1 734.8 - -
Change - -64.74% 79.81% -15.76% -38.63% 9.98% - -
Enterprise Value (EV) 1 1,749 486.9 1,087 877.1 478.9 494.6 468.3 437.7
Change - -72.16% 123.23% -19.3% -45.4% 3.28% -5.31% -6.54%
P/E -32.2x -13.6x -94.2x 95x 34.8x 23x 18.2x 16.5x
PBR 5.95x 2.58x 5.27x 4.26x 2.79x 2.73x 2.35x 2.06x
PEG - 0.8x 1.3x -1x 0.5x 0.3x 0.7x 1.6x
Capitalization / Revenue 16.2x 4.56x 6.41x 4.8x 2.78x 2.74x 2.51x 2.35x
EV / Revenue 13.9x 3.09x 5.39x 3.87x 1.99x 1.85x 1.6x 1.4x
EV / EBITDA -44.8x -16x 85.5x 60.6x 22.4x 11.8x 8.72x 7.53x
EV / EBIT -40.6x -13.9x 141x 86.8x 26.4x 12.9x 9.42x 7.53x
EV / FCF -32.2x -16.5x 286x 34.8x 14.8x 15.5x 18x 11.2x
FCF Yield -3.11% -6.07% 0.35% 2.87% 6.74% 6.47% 5.55% 8.91%
Dividend per Share 2 - - - - - - 0.0455 0.0675
Rate of return - - - - - - 1.05% 1.57%
EPS 2 -0.333 -0.275 -0.073 0.062 0.108 0.1871 0.2363 0.2608
Distribution rate - - - - - - 19.2% 25.9%
Net sales 1 125.8 157.6 201.5 226.7 240.5 267.8 292.3 312.4
EBITDA 1 -39.03 -30.48 12.72 14.47 21.37 41.94 53.7 58.14
EBIT 1 -43.1 -35.1 7.7 10.1 18.11 38.46 49.71 58.13
Net income 1 -60.51 -52.42 -13.69 12 20.01 33.76 42.84 47.26
Net Debt 1 -288.9 -231.8 -205.3 -211.5 -189.2 -240.2 -266.5 -297.1
Reference price 2 10.720 3.750 6.880 5.890 3.760 4.310 4.310 4.310
Nbr of stocks (in thousands) 1,90,109 1,91,648 1,87,825 1,84,822 1,77,686 1,70,486 - -
Announcement Date 24/02/22 02/03/23 27/02/24 25/02/25 26/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.04x1.85x11.79x-.--% 73Cr
23.66x8.73x14.25x0.86% 3,45100Cr
91.04x36.73x61.23x-.--% 30TCr
484.04x20.87x83.79x-.--% 9.54TCr
70.97x14.93x31.47x-.--% 9.36TCr
144.06x8.46x21.6x-.--% 7.44TCr
35.52x1.87x14.62x-.--% 6.54TCr
118.38x5.19x25.41x-.--% 4.54TCr
-24.02x3.44x18.95x-.--% 2.54TCr
20.14x3.78x10.43x1.4% 3.05TCr
Average 98.68x 10.58x 29.35x 0.23% 41.77TCr
Weighted average by Cap. 43.04x 10.90x 19.80x 0.72%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield