# VTEX Class A (VTEX) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Technology / Software. Price $3.61, market value $597 million.

## Valuation
- **P/E (trailing): 21.2×** (5-yr avg 53.3×, 3-yr avg 53.3×). VTEX Class A trades at 21.2× trailing earnings, well below its own five-year average of 53.3×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 13.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.41**. A PEG of 0.41 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.4×**. Each dollar of revenue is priced at 2.4×.
- **Price / book: 2.7×**. The shares trade at 2.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 16.9×**. Enterprise value is 16.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 7.4%** (5-yr avg 0.0%). Free cash flow equals 7.4% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 4.7%**. The inverse of the P/E: 4.7% of the price is earned each year.

## Profitability
- **Gross margin: 79.3%**. VTEX Class A keeps 79.3% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 12.2%**. 12.2% of revenue is left after running the business.
- **Net margin: 8.3%**. 8.3% of each dollar of sales reaches the bottom line.
- **Return on equity: 8.6%**. 8.6% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 13.1%**. Return on all capital, debt included, is 13.1%.
- **Return on assets: 8.7%**. Each dollar of assets produces 8.7% of profit.

## Growth
- **Revenue growth (1 yr): 6.1%** (3-yr 15.1%/yr, 5-yr 19.5%/yr). Revenue grew 6.1% over the last year, against 19.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 31.7%**. Earnings per share rose 31.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. VTEX Class A holds more cash than debt.
- **Current ratio: 3.04** (quick 3.04). Current assets cover the next year's liabilities 3.04 times.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. VTEX Class A does not currently pay a dividend, but it returned 12.3% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: buy** (10 analysts). 10 analysts cover VTEX Class A; the consensus is buy, with an average price target of $5.57 (+54% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -10.2%** (YTD -4.0%, 3-mo -0.8%). The shares are down 10.2% over twelve months including dividends.
- **From 52-week high: -23.7%** (27.1% above the low). Trading 24% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 0.68** (volatility 46%). Beta of 0.68 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=VTEX · Page: https://foliofundamentals.com/stocks/vtex

Not investment advice.