VTEX
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
26.7517.66N/AN/A
Price/Sales ratio
2.632.141.881.61
Earnings per Share (EPS)
$0.15$0.23N/AN/A

Historical Multiples (2018 – 2023)

2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
N/A-921.46-5.11K-33.84-13.64-93.67-16.70-5.11K
Price/Sales ratio
N/A68.7542.7316.284.536.364.4516.28
Price/Book Value ratio
N/A89.6255.756.252.605.332.526.25
Price/Cash Flow ratio
N/A2.03K377.66-38.64-24.47301.05-18.40-18.40
Price/Free Cash Flow ratio
N/A17.64K443.06-37.40-24.19338.57-18.19-18.19
Price/Earnings Growth ratio
N/AN/A62.21-0.000.871.28-1.00-0.00
Dividend Yield
N/A0.03%N/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
N/A66.98%64.68%60.57%66.48%69.75%65.65%64.68%
Operating Profit Margin
N/A-2.94%6.60%-52.41%-31.67%-7.24%-28.28%-28.28%
Pretax Profit Margin
N/A-6.02%3.50%-55.64%-35.81%-5.25%-29.92%-29.92%
Net Profit Margin
N/A-7.46%-0.83%-48.11%-33.25%-6.79%-26.65%-26.65%
Effective Tax Rate
N/A-23.91%123.82%13.53%7.13%-29.34%10.92%13.53%
Return on Assets
N/A-4.68%-0.58%-14.58%-14.65%-4.01%-11.62%-11.62%
Return On Equity
N/A-9.72%-1.09%-18.49%-19.08%-5.69%-13.92%-13.92%
Return on Capital Employed
N/A-2.64%7.01%-18.51%-16.88%-5.53%-14.92%-14.92%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/A4.63N/A
Quick Ratio
1.192.102.215.774.523.444.522.21
Cash ratio
0.431.011.242.050.390.360.392.05
Days of Sales Outstanding
N/A88.8090.59100.6497.1891.6898.1790.59
Days of Inventory outstanding
N/A77.4446.2968.8645.18N/AN/A68.86
Operating Cycle
N/A166.25136.88169.51142.3691.6824.20169.51
Days of Payables Outstanding
N/A74.30104.44217.39235.83237.91234.56104.44
Cash Conversion Cycle
N/A91.9432.43-47.87-93.47-146.22-136.38-47.87
Debt Ratios
Debt Ratio
0.120.110.040.000.00N/A0.230.04
Debt Equity Ratio
0.430.230.080.010.00N/A0.300.08
Long-term Debt to Capitalization
0.280.140.050.00N/AN/A0.010.00
Total Debt to Capitalization
0.300.180.070.000.00N/A0.020.02
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/A2.59N/A
Cash Flow to Debt Ratio
N/A0.181.75-16.16-25.34N/A-5.56-5.56
Company Equity Multiplier
3.532.071.851.261.301.411.301.26
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
N/A0.030.11-0.42-0.180.02-0.24-0.42
Free Cash Flow / Operating Cash Flow Ratio
N/A0.110.851.031.010.881.010.85
Cash Flow Coverage Ratio
N/A0.181.75-16.16-25.34N/A-5.56-5.56
Short Term Coverage Ratio
N/A0.667.04-25.39-25.34N/A-12.37-12.37
Dividend Payout Ratio
N/A-29.85%N/AN/AN/AN/AN/AN/A