Vertex Inc
NASDAQ:VERX
Intrinsic Value
Vertex, Inc. engages in the provision of tax compliance software solutions. [ Read More ]
The intrinsic value of one
VERX
stock under the Base Case scenario is
16.91
USD.
Compared to the current market price of 27.69 USD,
Vertex Inc
is
Overvalued by 39%.
Valuation History
Vertex Inc
Intrinsic Value History...
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Fundamental Analysis
2023-Q3 Earnings Call
NEW
Artifical Intelligence Analysis
In a resilient SaaS sector, Vertex's Q3 financials show a robust 14.9% year-over-year revenue growth to $145 million, nudging past guidance. Subscription revenue rose by 14% to $121.3 million, while services climbed 19.5% to $23.7 million. The cloud segment soared by nearly 25%, hitting $54.6 million. With solid customer metrics, ARR improved by 17.8% and non-GAAP gross margins maintained a sturdy performance at around 71.3%. R&D investment increased, indicative of a commitment to innovation. Looking ahead, Q4 revenue is forecasted between $145-147 million, aiming for a mid-point growth of 11.4% year-over-year, and full-year revenue guidance has been raised to $562.5-564.5 million, pointing to a 15% annual growth. Adjusted EBITDA for the full year is also up, ranging between $96.3-98.3 million, signifying enduring financial health.
Balance Sheet Decomposition
Vertex Inc
| Current Assets | 238m |
| Cash & Short-Term Investments | 57.8m |
| Receivables | 129m |
| Other Current Assets | 51.3m |
| Non-Current Assets | 482m |
| PP&E | 116m |
| Intangibles | 293m |
| Other Non-Current Assets | 73m |
| Current Liabilities | 433m |
| Accounts Payable | 24.4m |
| Accrued Liabilities | 74m |
| Other Current Liabilities | 335m |
| Non-Current Liabilities | 66.8m |
| Long-Term Debt | 44.9m |
| Other Non-Current Liabilities | 21.9m |
VERX Profitability Score
Profitability Due Diligence
Vertex Inc's profitability score is 43/100. The higher the profitability score, the more profitable the company is.
Score
Vertex Inc's profitability score is 43/100. The higher the profitability score, the more profitable the company is.
VERX Solvency Score
Solvency Due Diligence
Vertex Inc's solvency score is 50/100. The higher the solvency score, the more solvent the company is.
Score
Vertex Inc's solvency score is 50/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
VERX Price Targets Summary
Vertex Inc
According to Wall Street analysts, the average 1-year price target for
VERX
is 29.49 USD
with a low forecast of 23.23 USD and a high forecast of 36.75 USD.
Ownership
VERX Insider Trading
Buy and sell transactions by insiders
| Period | Sold | Bought | Net |
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Shareholder Return
VERX Price
Vertex Inc
| Average Annual Return | -4.46% |
| Standard Deviation of Annual Returns | 64.99% |
| Max Drawdown | -75% |
| Market Capitalization | 4.2B USD |
| Shares Outstanding | 152 076 000 |
| Percentage of Shares Shorted | 2.38% |
Company Profile
Vertex Inc
Country
Industry
Market Cap
Dividend Yield
Description
Vertex, Inc. engages in the provision of tax compliance software solutions. The company is headquartered in King Of Prussia, Pennsylvania and currently employs 1,300 full-time employees. The company went IPO on 2020-07-29. The Company’s software solutions automate indirect tax processes for enterprises with complex tax operations and audit risk. Its software includes tax determination, compliance and reporting, tax data management and document management tools, as well as pre-built integrations to major business applications. Its tax determination solutions enable real-time calculation of indirect taxes and applicable fees for sale and purchase transactions. Its compliance and reporting solutions enable the automation of signature-ready returns and remittance of indirect tax to appropriate jurisdictions. Its tax data management tools enable enterprises to unify transaction data from multiple business applications and sources. Its document management solutions offer tax audit support for sales tax exemptions and reseller certificates, enabling enterprises to manage large quantities of documents, such as tax exemption certificates.
Contact
IPO
Employees
Officers
The intrinsic value of one
VERX
stock under the Base Case scenario is
16.91
USD.
Compared to the current market price of 27.69 USD,
Vertex Inc
is
Overvalued by 39%.
Sensibly Priced Quality
Significantly Undervalued
Magic Formula
High Growth
