(VTEX) VTEX - Overview
Stock: Commerce, Platform, Marketplace, Omnichannel, SaaS
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 47.0% |
| Relative Tail Risk | -16.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.15 |
| Alpha | -71.45 |
| Character TTM | |
|---|---|
| Beta | 1.226 |
| Beta Downside | 1.153 |
| Drawdowns 3y | |
|---|---|
| Max DD | 67.59% |
| CAGR/Max DD | -0.14 |
Description: VTEX VTEX January 19, 2026
VTEX (NYSE:VTEX) operates a SaaS digital commerce platform that lets enterprise brands and retailers build online stores, orchestrate omnichannel order fulfillment, and launch third-party marketplaces. The suite is complemented by optional professional services-including project management, solution architecture, and implementation consulting-to accelerate time-to-value for clients across sectors such as home appliances, apparel, beauty, electronics, grocery, and home-goods.
Beyond its core platform, VTEX has a geographically diversified footprint covering Brazil, Argentina, Chile, Colombia, Mexico, Peru, the United States, and key European markets (France, Italy, Spain, United Kingdom, Portugal, Romania) as well as Singapore. Recent FY 2023 results show a 35% YoY revenue growth to $215 million, a net dollar-based retention rate of 115%, and a gross merchandise volume (GMV) processed exceeding $12 billion-metrics that signal strong ecosystem stickiness and expanding merchant adoption. The company benefits from macro-level drivers such as the continued acceleration of B2C e-commerce (projected CAGR ≈ 12% through 2028) and the shift toward “headless” commerce architectures, which favor modular, API-first platforms like VTEX.
For a deeper dive into VTEX’s valuation dynamics and how its growth profile compares to peers, you may find ValueRay’s analytical tools useful.
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income: 16.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 3.53 > 1.0 |
| NWC/Revenue: 77.88% < 20% (prev 90.38%; Δ -12.50% < -1%) |
| CFO/TA 0.10 > 3% & CFO 34.9m > Net Income 16.5m |
| Net Debt (-17.0m) to EBITDA (20.5m): -0.83 < 3 |
| Current Ratio: 3.08 > 1.5 & < 3 |
| Outstanding Shares: last quarter (186.8m) vs 12m ago -2.88% < -2% |
| Gross Margin: 76.21% > 18% (prev 0.74%; Δ 7548 % > 0.5%) |
| Asset Turnover: 64.35% > 50% (prev 60.53%; Δ 3.82% > 0%) |
| Interest Coverage Ratio: 118.5 > 6 (EBITDA TTM 20.5m / Interest Expense TTM 144.0k) |
Altman Z'' 1.86
| A: 0.51 (Total Current Assets 270.1m - Total Current Liabilities 87.8m) / Total Assets 354.4m |
| B: -0.28 (Retained Earnings -99.6m / Total Assets 354.4m) |
| C: 0.05 (EBIT TTM 17.1m / Avg Total Assets 363.8m) |
| D: -0.87 (Book Value of Equity -97.9m / Total Liabilities 112.4m) |
| Altman-Z'' Score: 1.86 = BBB |
Beneish M -3.13
| DSRI: 0.97 (Receivables 60.0m/59.7m, Revenue 234.1m/225.9m) |
| GMI: 0.96 (GM 76.21% / 73.50%) |
| AQI: 0.96 (AQ_t 0.22 / AQ_t-1 0.23) |
| SGI: 1.04 (Revenue 234.1m / 225.9m) |
| TATA: -0.05 (NI 16.5m - CFO 34.9m) / TA 354.4m) |
| Beneish M-Score: -3.13 (Cap -4..+1) = AA |
What is the price of VTEX shares?
Over the past week, the price has changed by +0.00%, over one month by -12.53%, over three months by -27.31% and over the past year by -53.20%.
Is VTEX a buy, sell or hold?
- StrongBuy: 3
- Buy: 4
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the VTEX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 6.4 | 103.5% |
| Analysts Target Price | 6.4 | 103.5% |
| ValueRay Target Price | 2.8 | -9.6% |
VTEX Fundamental Data Overview February 04, 2026
P/E Forward = 18.315
P/S = 2.4561
P/B = 2.3798
Revenue TTM = 234.1m USD
EBIT TTM = 17.1m USD
EBITDA TTM = 20.5m USD
Long Term Debt = 3.43m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.86m USD (from shortTermDebt, last quarter)
Debt = 3.43m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -17.0m USD (from netDebt column, last quarter)
Enterprise Value = 375.9m USD (575.0m + Debt 3.43m - CCE 202.5m)
Interest Coverage Ratio = 118.5 (Ebit TTM 17.1m / Interest Expense TTM 144.0k)
EV/FCF = 11.17x (Enterprise Value 375.9m / FCF TTM 33.6m)
FCF Yield = 8.95% (FCF TTM 33.6m / Enterprise Value 375.9m)
FCF Margin = 14.37% (FCF TTM 33.6m / Revenue TTM 234.1m)
Net Margin = 7.03% (Net Income TTM 16.5m / Revenue TTM 234.1m)
Gross Margin = 76.21% ((Revenue TTM 234.1m - Cost of Revenue TTM 55.7m) / Revenue TTM)
Gross Margin QoQ = 77.31% (prev 77.01%)
Tobins Q-Ratio = 1.06 (Enterprise Value 375.9m / Total Assets 354.4m)
Interest Expense / Debt = 4.20% (Interest Expense 144.0k / Debt 3.43m)
Taxrate = 0.22% (14.0k / 6.38m)
NOPAT = 17.0m (EBIT 17.1m * (1 - 0.22%))
Current Ratio = 3.08 (Total Current Assets 270.1m / Total Current Liabilities 87.8m)
Debt / Equity = 0.01 (Debt 3.43m / totalStockholderEquity, last quarter 241.9m)
Debt / EBITDA = -0.83 (Net Debt -17.0m / EBITDA 20.5m)
Debt / FCF = -0.50 (Net Debt -17.0m / FCF TTM 33.6m)
Total Stockholder Equity = 248.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.53% (Net Income 16.5m / Total Assets 354.4m)
RoE = 6.63% (Net Income TTM 16.5m / Total Stockholder Equity 248.4m)
RoCE = 6.78% (EBIT 17.1m / Capital Employed (Equity 248.4m + L.T.Debt 3.43m))
RoIC = 6.85% (NOPAT 17.0m / Invested Capital 248.4m)
WACC = 10.39% (E(575.0m)/V(578.4m) * Re(10.43%) + D(3.43m)/V(578.4m) * Rd(4.20%) * (1-Tc(0.00)))
Discount Rate = 10.43% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.75%
[DCF Debug] Terminal Value 60.27% ; FCFF base≈29.1m ; Y1≈19.1m ; Y5≈8.71m
Fair Price DCF = 1.42 (EV 121.1m - Net Debt -17.0m = Equity 138.1m / Shares 97.2m; r=10.39% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 81.76 | EPS CAGR: 49.83% | SUE: -2.46 | # QB: 0
Revenue Correlation: 91.31 | Revenue CAGR: 13.47% | SUE: 0.03 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.02 | Chg30d=+0.001 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=0.20 | Chg30d=-0.007 | Revisions Net=-1 | Growth EPS=+28.2% | Growth Revenue=+11.2%