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 1,089 668.1 717.7 - -
Change - -64.74% 79.81% -15.76% -38.63% 7.43% - -
Enterprise Value (EV) 1 1,749 486.9 1,087 877.1 478.9 477.6 451.3 420.6
Change - -72.16% 123.23% -19.3% -45.4% -0.28% -5.5% -6.79%
P/E -32.2x -13.6x -94.2x 95x 34.8x 22.5x 17.8x 16.1x
PBR 5.95x 2.58x 5.27x 4.26x 2.79x 2.66x 2.3x 2.01x
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 2.68x 2.46x 2.3x
EV / Revenue 13.9x 3.09x 5.39x 3.87x 1.99x 1.78x 1.54x 1.35x
EV / EBITDA -44.8x -16x 85.5x 60.6x 22.4x 11.4x 8.4x 7.24x
EV / EBIT -40.6x -13.9x 141x 86.8x 26.4x 12.4x 9.08x 7.24x
EV / FCF -32.2x -16.5x 286x 34.8x 14.8x 14.9x 17.4x 10.8x
FCF Yield -3.11% -6.07% 0.35% 2.87% 6.74% 6.7% 5.76% 9.27%
Dividend per Share 2 - - - - - - 0.0455 0.0675
Rate of return - - - - - - 1.08% 1.6%
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 4.210 4.210 4.210
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.5x1.78x11.39x-.--% 72Cr
22.42x8.6x14.24x0.95% 2,89000Cr
97.31x39.35x65.61x-.--% 32TCr
111.95x35.72x112.98x0.16% 12TCr
75.28x15.13x32.99x-.--% 9.34TCr
454.94x19.54x78.57x-.--% 8.97TCr
144.14x8.47x21.61x-.--% 7.45TCr
34.74x1.82x14.25x-.--% 6.39TCr
118.88x5.17x25.34x-.--% 4.53TCr
-32.51x4.26x20.4x-.--% 3.47TCr
Average 104.97x 13.98x 39.74x 0.11% 37.23TCr
Weighted average by Cap. 46.58x 12.27x 24.00x 0.74%

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