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 1,089 668.1 767.2 - -
Change - -64.74% 79.81% -15.76% -38.63% 14.83% - -
Enterprise Value (EV) 1 1,749 486.9 1,087 877.1 478.9 527 500.7 470.1
Change - -72.16% 123.23% -19.3% -45.4% 10.05% -4.99% -6.12%
P/E -32.2x -13.6x -94.2x 95x 34.8x 24.1x 19x 17.3x
PBR 5.95x 2.58x 5.27x 4.26x 2.79x 2.85x 2.46x 2.15x
PEG - 0.8x 1.3x -1x 0.5x 0.3x 0.7x 1.7x
Capitalization / Revenue 16.2x 4.56x 6.41x 4.8x 2.78x 2.87x 2.62x 2.46x
EV / Revenue 13.9x 3.09x 5.39x 3.87x 1.99x 1.97x 1.71x 1.5x
EV / EBITDA -44.8x -16x 85.5x 60.6x 22.4x 12.6x 9.32x 8.09x
EV / EBIT -40.6x -13.9x 141x 86.8x 26.4x 13.7x 10.1x 8.09x
EV / FCF -32.2x -16.5x 286x 34.8x 14.8x 16.5x 19.3x 12.1x
FCF Yield -3.11% -6.07% 0.35% 2.87% 6.74% 6.07% 5.19% 8.3%
Dividend per Share 2 - - - - - - 0.0455 0.0675
Rate of return - - - - - - 1.01% 1.5%
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 4.500 4.500 4.500
Nbr of stocks (in thousands) 190,109 191,648 187,825 184,822 177,686 170,486 - -
Announcement Date 24/2/22 2/3/23 27/2/24 25/2/25 26/2/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.05x1.97x12.56x-.--% 767M
22.5x8.63x14.29x0.94% 2,901B
91x36.71x61.2x-.--% 295B
103.46x32.99x104.35x0.17% 106B
69.46x14.63x30.94x-.--% 91.78B
477.23x20.55x82.55x-.--% 94.04B
138.47x8.17x20.84x-.--% 71.55B
36.06x1.9x14.88x-.--% 66.37B
120.09x5.26x25.78x-.--% 46.08B
-33.64x4.43x21.19x-.--% 35.89B
Average 104.87x 13.52x 38.86x 0.11% 370.89B
Weighted average by Cap. 46.11x 11.80x 23.09x 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