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 1,089 668.1 664.9 - -
Change - -64.74% 79.81% -15.76% -38.63% -0.48% - -
Enterprise Value (EV) 1 1,749 486.9 1,087 877.1 478.9 424.7 398.4 367.8
Change - -72.16% 123.23% -19.3% -45.4% -11.31% -6.19% -7.69%
P/E -32.2x -13.6x -94.2x 95x 34.8x 20.8x 16.5x 15x
PBR 5.95x 2.58x 5.27x 4.26x 2.79x 2.47x 2.13x 1.87x
PEG - 0.8x 1.3x -1x 0.5x 0.3x 0.6x 1.4x
Capitalization / Revenue 16.2x 4.56x 6.41x 4.8x 2.78x 2.48x 2.27x 2.13x
EV / Revenue 13.9x 3.09x 5.39x 3.87x 1.99x 1.59x 1.36x 1.18x
EV / EBITDA -44.8x -16x 85.5x 60.6x 22.4x 10.1x 7.42x 6.33x
EV / EBIT -40.6x -13.9x 141x 86.8x 26.4x 11x 8.02x 6.33x
EV / FCF -32.2x -16.5x 286x 34.8x 14.8x 13.3x 15.3x 9.43x
FCF Yield -3.11% -6.07% 0.35% 2.87% 6.74% 7.53% 6.53% 10.6%
Dividend per Share 2 - - - - - - 0.0455 0.0675
Rate of return - - - - - - 1.17% 1.73%
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 3.900 3.900 3.900
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.($)
20.74x1.57x10.04x-.--% 66Cr
22.01x8.43x13.96x0.96% 2,83500Cr
91.27x36.82x61.39x-.--% 30TCr
112.67x35.95x113.71x0.15% 12TCr
73.46x14.77x32.2x-.--% 9.11TCr
441.45x18.93x76.11x-.--% 8.7TCr
138.41x8.16x20.83x-.--% 7.15TCr
33.11x1.72x13.47x-.--% 6.09TCr
116.88x4.9x24.23x-.--% 4.27TCr
-31.96x4.17x19.99x-.--% 3.4TCr
Average 101.80x 13.54x 38.59x 0.11% 36.34TCr
Weighted average by Cap. 44.95x 11.83x 23.25x 0.76%

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