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 1,089 668.1 629.9 - -
Change - -64.74% 79.81% -15.76% -38.63% -5.72% - -
Enterprise Value (EV) 1 1,749 486.9 1,087 877.1 478.9 394.1 365.7 341.2
Change - -72.16% 123.23% -19.3% -45.4% -17.71% -7.21% -6.68%
P/E -32.2x -13.6x -94.2x 95x 34.8x 18.6x 16.2x 14.7x
PBR 5.95x 2.58x 5.27x 4.26x 2.79x 2.38x 2.12x 1.87x
PEG - 0.8x 1.3x -1x 0.5x 0.2x 1.1x 1.4x
Capitalization / Revenue 16.2x 4.56x 6.41x 4.8x 2.78x 2.35x 2.17x 2.06x
EV / Revenue 13.9x 3.09x 5.39x 3.87x 1.99x 1.47x 1.26x 1.12x
EV / EBITDA -44.8x -16x 85.5x 60.6x 22.4x 8.86x 6.77x 5.78x
EV / EBIT -40.6x -13.9x 141x 86.8x 26.4x 9.88x 7.3x 5.79x
EV / FCF -32.2x -16.5x 286x 34.8x 14.8x 12.3x 14.1x 8.75x
FCF Yield -3.11% -6.07% 0.35% 2.87% 6.74% 8.12% 7.11% 11.4%
Dividend per Share 2 - - - - - - 0.0455 0.0675
Rate of return - - - - - - 1.19% 1.77%
EPS 2 -0.333 -0.275 -0.073 0.062 0.108 0.2049 0.2348 0.2596
Distribution rate - - - - - - 19.4% 26%
Net sales 1 125.8 157.6 201.5 226.7 240.5 268.4 290.8 305.6
EBITDA 1 -39.03 -30.48 12.72 14.47 21.37 44.49 54.04 59
EBIT 1 -43.1 -35.1 7.7 10.1 18.11 39.89 50.11 58.98
Net income 1 -60.51 -52.42 -13.69 12 20.01 36.52 42.41 46.76
Net Debt 1 -288.9 -231.8 -205.3 -211.5 -189.2 -235.8 -264.3 -288.7
Reference price 2 10.720 3.750 6.880 5.890 3.760 3.810 3.810 3.810
Nbr of stocks (in thousands) 190,109 191,648 187,825 184,822 177,686 165,332 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
25.22x9.31x15.16x0.78% 3,690B
118.18x51.07x82.89x-.--% 430B
449.83x19.26x75.78x-.--% 90.57B
67.44x14.22x29.99x-.--% 89.16B
152.58x8.92x22.76x-.--% 78.84B
40.99x2.13x16.96x-.--% 75.53B
118.26x5.19x24.1x-.--% 45.23B
-305.31x6.36x21.07x-.--% 42.12B
29.13x5.99x28.72x-.--% 38.3B
Average 77.37x 13.60x 35.27x 0.09% 508.84B
Weighted average by Cap. 43.53x 13.31x 23.43x 0.63%

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