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 1,089 668.1 745 - -
Change - -64.74% 79.81% -15.76% -38.63% 11.51% - -
Enterprise Value (EV) 1 1,749 486.9 1,087 877.1 478.9 504.8 478.6 447.9
Change - -72.16% 123.23% -19.3% -45.4% 5.42% -5.2% -6.4%
P/E -32.2x -13.6x -94.2x 95x 34.8x 23.4x 18.5x 16.8x
PBR 5.95x 2.58x 5.27x 4.26x 2.79x 2.76x 2.38x 2.09x
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 2.78x 2.55x 2.38x
EV / Revenue 13.9x 3.09x 5.39x 3.87x 1.99x 1.89x 1.64x 1.43x
EV / EBITDA -44.8x -16x 85.5x 60.6x 22.4x 12x 8.91x 7.7x
EV / EBIT -40.6x -13.9x 141x 86.8x 26.4x 13.1x 9.63x 7.7x
EV / FCF -32.2x -16.5x 286x 34.8x 14.8x 15.8x 18.4x 11.5x
FCF Yield -3.11% -6.07% 0.35% 2.87% 6.74% 6.34% 5.43% 8.71%
Dividend per Share 2 - - - - - - 0.0455 0.0675
Rate of return - - - - - - 1.04% 1.54%
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 4.370 4.370 4.370
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.($)
23.36x1.89x12.04x-.--% 75Cr
22.99x8.5x13.85x0.85% 3,35000Cr
90.45x36.48x60.82x-.--% 29TCr
485.11x20.9x83.98x-.--% 9.56TCr
69.47x14.62x30.9x-.--% 9.17TCr
137.97x8.14x20.77x-.--% 7.13TCr
35.35x1.86x14.54x-.--% 6.51TCr
120.58x5.28x25.89x-.--% 4.63TCr
-32.66x4.29x20.52x-.--% 3.48TCr
20.3x3.81x10.52x1.39% 3.08TCr
Average 97.29x 10.58x 29.38x 0.22% 40.79TCr
Weighted average by Cap. 42.53x 10.72x 19.55x 0.71%

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