VTEX Stock Analysis: VTEX | NYSE
Software - Application | NYSE, USA | Market Cap: 689m USD | 12M Return: -39.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.10M
Qual. Beats: 1
Rev. Trend: 93.0%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 4.9 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
VTEX is a software-as-a-service (SaaS) provider of digital commerce platforms serving enterprise brands and retailers. Its core platform allows clients to build online stores, manage and integrate orders across multiple sales channels, and operate third-party marketplaces. In addition to its flagship platform, the company offers customer support and optional professional services such as project management, solutions architecture, and implementation consulting.
VTEX serves a diverse range of verticals, including home appliances, apparel and accessories, beauty and health, electronics, grocery, department stores, toys and hobbies, and home, furniture, and decoration. The company operates across Latin America, Europe, and the United States, and was founded in 2000 with its headquarters in Grand Cayman, Cayman Islands. As a SaaS-based application software business in the Information Technology sector, VTEX typically generates recurring revenue through subscription-based platform fees, a model common among enterprise commerce software providers.
- Brazilian real depreciation pressures dollar-reported revenue growth
- Enterprise customer wins accelerate platform GMV expansion
- Competition from Shopify and Adobe Commerce intensifies pricing pressure
| Net Income: 23.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 2.95 > 1.0 |
| NWC/Revenue: 71.40% < 20% (prev 85.15%; Δ -13.74% < -1%) |
| CFO/TA 0.12 > 3% & CFO 40.0m > Net Income 23.2m |
| Net Debt (-191.2m) to EBITDA (28.5m): -6.70 < 3 |
| Current Ratio: 3.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (170.8m) vs 12m ago -9.40% < -2% |
| Gross Margin: 78.21% > 18% (prev 74.64%; Δ 3.57% > 0.5%) |
| Asset Turnover: 70.99% > 50% (prev 64.16%; Δ 6.83% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.52 (Total Current Assets 260.3m - Total Current Liabilities 83.9m) / Total Assets 340.3m |
| B: -0.25 (Retained Earnings -85.7m / Total Assets 340.3m) |
| C: 0.07 (EBIT TTM 25.1m / Avg Total Assets 348.0m) |
| D: 2.17 (Book Value of Equity 233.0m / Total Liabilities 107.3m) |
| Altman-Z'' = 5.34 = AAA |
| DSRI: 0.87 (Receivables 58.8m/62.3m, Revenue 247.0m/228.2m) |
| GMI: 0.95 (GM 74.64% / 78.21%) |
| AQI: 1.05 (AQ_t 0.22 / AQ_t-1 0.21) |
| SGI: 1.08 (Revenue 247.0m / 228.2m) |
| TATA: -0.05 (NI 23.2m - CFO 40.0m) / TA 340.3m) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of July 01, 2026, the stock is trading at USD 4.00 with a total of 1,633,785 shares traded. Over the past week, the price has changed by +14.29%, over one month by -2.44%, over three months by +0.00% and over the past year by -39.39%.
Current recommended Stop Loss: 3.50 (which is 12.5% or 2.5 ATR below the current price).
VTEX has received a consensus analysts rating of 4.11. Therefore, it is recommended to buy VTEX.
- StrongBuy: 3
- Buy: 4
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 6 | 50.2% |
P/E Trailing = 31.0769
P/E Forward = 21.645
P/S = 2.788
P/B = 2.9566
Revenue TTM = 247.0m USD
EBIT TTM = 25.1m USD
EBITDA TTM = 28.5m USD
Long Term Debt = 952k USD (estimated: total debt 2.46m - short term 1.51m)
Short Term Debt = 1.51m USD (from shortTermDebt, last quarter)
Debt = 2.46m USD (from shortLongTermDebtTotal, last quarter) (leases 2.46m already included)
Net Debt = -191.2m USD (calculated: Debt 2.46m - CCE 193.7m)
Enterprise Value = 497.5m USD (688.8m + Debt 2.46m - CCE 193.7m)
Interest Coverage Ratio = unknown (Ebit TTM 25.1m / Interest Expense TTM 0.0)
EV/FCF = 12.77x (Enterprise Value 497.5m / FCF TTM 39.0m)
FCF Yield = 7.83% (FCF TTM 39.0m / Enterprise Value 497.5m)
FCF Margin = 15.78% (FCF TTM 39.0m / Revenue TTM 247.0m)
Net Margin = 9.40% (Net Income TTM 23.2m / Revenue TTM 247.0m)
Gross Margin = 78.21% ((Revenue TTM 247.0m - Cost of Revenue TTM 53.8m) / Revenue TTM)
Gross Margin QoQ = 78.84% (prev 79.46%)
Tobins Q-Ratio = 1.46 (Enterprise Value 497.5m / Total Assets 340.3m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 2.46m)
Taxrate = 7.58% (1.90m / 25.1m)
NOPAT = 23.2m (EBIT 25.1m * (1 - 7.58%))
Current Ratio = 3.10 (Total Current Assets 260.3m / Total Current Liabilities 83.9m)
Debt / Equity = 0.01 (Debt 2.46m / totalStockholderEquity, last quarter 233.0m)
Debt / EBITDA = -6.70 (Net Debt -191.2m / EBITDA 28.5m)
Debt / FCF = -4.91 (Net Debt -191.2m / FCF TTM 39.0m)
Total Stockholder Equity = 239.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.67% (Net Income 23.2m / Total Assets 340.3m)
RoE = 9.69% (Net Income TTM 23.2m / Total Stockholder Equity 239.6m)
RoCE = 10.44% (EBIT 25.1m / Capital Employed (Equity 239.6m + L.T.Debt 952k))
RoIC = 9.45% (NOPAT 23.2m / Invested Capital 245.6m)
WACC = 9.45% (E(688.8m)/V(691.2m) * Re(9.48%) + D(2.46m)/V(691.2m) * Rd(0.0%) * (1-Tc(0.08)))
Discount Rate = 9.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -42.22 | Cagr: -3.26%
[DCF] Terminal Value 74.50% ; FCFF base≈35.5m ; Y1≈40.7m ; Y5≈59.9m
[DCF] Fair Price = 10.50 (EV 755.1m - Net Debt -191.2m = Equity 946.4m / Shares 90.1m; r=9.45% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.95 | # QB: 1
Revenue Correlation: 93.02 | Revenue CAGR: 11.38% | SUE: -0.10 | # QB: 0
EPS next Quarter (2026-09-30): EPS=0.05 | Chg30d=+5.53% | Revisions=+33% | Analysts=2
EPS current Year (2026-12-31): EPS=0.20 | Chg30d=+3.42% | Revisions=+33% | GrowthEPS=-3.0% | GrowthRev=+11.2%
EPS next Year (2027-12-31): EPS=0.28 | Chg30d=+4.08% | Revisions=+33% | GrowthEPS=+41.3% | GrowthRev=+9.9%
[Analyst] Revisions Ratio: +33%