Company Valuation: Vertex, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,361 2,177 4,137 8,320 3,186 1,844 - -
Change - -7.8% 90.04% 101.11% -61.71% -42.1% - -
Enterprise Value (EV) 1 2,288 2,123 4,106 8,350 3,209 1,850 1,696 1,470
Change - -7.22% 93.42% 103.36% -61.57% -42.36% -8.34% -13.33%
P/E -1,587x -181x -299x -157x 499x 52.9x 31.4x 21.5x
PBR 10.3x 9.49x 16x 46.7x 12.1x 6.3x 4.52x 3.28x
PEG - -0x -23.9x -1x -4x 0x 0.5x 0.5x
Capitalization / Revenue 5.55x 4.43x 7.23x 12.5x 4.26x 2.23x 2.02x 1.81x
EV / Revenue 5.38x 4.32x 7.17x 12.5x 4.29x 2.24x 1.86x 1.45x
EV / EBITDA 29.3x 27x 40.7x 55x 19.9x 8.88x 6.53x 4.69x
EV / EBIT 34.5x 32.1x 47.9x 63.7x 23.5x 10.3x 7.51x 5.47x
EV / FCF 48.8x 619x 673x 107x 67.4x 20.5x 10.9x 7.89x
FCF Yield 2.05% 0.16% 0.15% 0.93% 1.48% 4.89% 9.17% 12.7%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.01 -0.08 -0.09 -0.34 0.04 0.215 0.3625 0.53
Distribution rate - - - - - - - -
Net sales 1 425.5 491.6 572.4 666.8 748.4 827.1 914.1 1,017
EBITDA 1 77.98 78.67 100.8 151.9 161.5 208.3 259.7 313.1
EBIT 1 66.3 66.23 85.65 131 136.7 179.9 225.7 268.8
Net income 1 -1.479 -12.3 -13.09 -52.73 7.211 30.25 53.33 92.31
Net Debt 1 -72.98 -54.08 -31.16 30.01 23.47 5.39 -148.8 -374.8
Reference price 2 15.87 14.51 26.94 53.35 19.97 11.37 11.37 11.37
Nbr of stocks (in thousands) 148,790 150,040 153,577 155,960 159,528 162,218 - -
Announcement Date 3/9/22 3/8/23 2/29/24 2/27/25 2/11/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
26.2x9.68x15.83x0.77% 3,833B
124.16x54.2x87.97x-.--% 456B
479.02x20.52x81.15x-.--% 96.28B
67.86x14.32x30.19x-.--% 89.81B
107.18x9.08x24.25x-.--% 81.59B
33.64x1.62x12.95x-.--% 60.97B
188.3x6.04x23.37x-.--% 47.52B
32.1x6.69x32.11x-.--% 42.36B
109.33x4.32x20.97x-.--% 37.67B
Average 129.75x 14.05x 36.53x 0.09% 527.2B
Weighted average by Cap. 49.41x 14.05x 24.72x 0.62%

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