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 1,089 668.1 705.8 - -
Change - -64.74% 79.81% -15.76% -38.63% 5.65% - -
Enterprise Value (EV) 1 1,749 486.9 1,087 877.1 478.9 464.9 436.4 408.7
Change - -72.16% 123.23% -19.3% -45.4% -2.93% -6.12% -6.35%
P/E -32.2x -13.6x -94.2x 95x 34.8x 22.1x 17.5x 15.9x
PBR 5.95x 2.58x 5.27x 4.26x 2.79x 2.62x 2.27x 1.98x
PEG - 0.8x 1.3x -1x 0.5x 0.3x 0.7x 1.5x
Capitalization / Revenue 16.2x 4.56x 6.41x 4.8x 2.78x 2.64x 2.4x 2.25x
EV / Revenue 13.9x 3.09x 5.39x 3.87x 1.99x 1.74x 1.49x 1.3x
EV / EBITDA -44.8x -16x 85.5x 60.6x 22.4x 11.6x 8.45x 7.03x
EV / EBIT -40.6x -13.9x 141x 86.8x 26.4x 12.1x 8.78x 7.03x
EV / FCF -32.2x -16.5x 286x 34.8x 14.8x 14.5x 16.8x 10.5x
FCF Yield -3.11% -6.07% 0.35% 2.87% 6.74% 6.88% 5.96% 9.54%
Dividend per Share 2 - - - - - - 0.0432 0.06
Rate of return - - - - - - 1.04% 1.45%
EPS 2 -0.333 -0.275 -0.073 0.062 0.108 0.1871 0.2363 0.2608
Distribution rate - - - - - - 18.3% 23%
Net sales 1 125.8 157.6 201.5 226.7 240.5 267.6 293.9 313.2
EBITDA 1 -39.03 -30.48 12.72 14.47 21.37 40.13 51.66 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 -241 -269.4 -297.1
Reference price 2 10.720 3.750 6.880 5.890 3.760 4.140 4.140 4.140
Nbr of stocks (in thousands) 190,109 191,648 187,825 184,822 177,686 170,486 - -
Announcement Date 2/24/22 3/2/23 2/27/24 2/25/25 2/26/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.13x1.74x11.58x-.--% 706M
22.52x8.66x14.39x0.94% 2,901B
95.85x38.68x64.67x-.--% 310B
123.77x39.52x124.99x0.14% 127B
82.92x16.67x36.22x-.--% 103B
476x20.26x81.59x-.--% 92.68B
161.55x9.42x23.28x-.--% 83.71B
34.14x1.8x14.06x-.--% 63.27B
139.06x5.43x27.23x-.--% 47.34B
-36.68x4.91x23.54x-.--% 39.67B
Average 112.13x 14.71x 42.15x 0.11% 376.79B
Weighted average by Cap. 48.89x 12.49x 24.95x 0.73%

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