Vtex (VTEX) Financial Ratios
7 years of historical data (2019–2025) · Technology · Software - Application
EV/EBITDA
↓
29.29
↓-46% vs avg
5yr avg: 54.62
30Y Low32.0·High77.2
P/FCF
↓
19.76
↓-85% vs avg
5yr avg: 135.03
30Y Low21.5·High45.0
P/B Ratio
↓
2.86
↓-34% vs avg
5yr avg: 4.32
30Y Low2.6·High6.3
ROE
↑
8.2%
↓+203% vs avg
5yr avg: -8.0%
30Y Low-30%·High8%
Debt/EBITDA
↓
0.13
↓-26% vs avg
5yr avg: 0.18
30Y Low0.1·High26.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
VTEX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Vtex trades at 32.8x earnings, 49% below its 5-year average of 64.3x, sitting at the 0th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 13%. On a free-cash-flow basis, the stock trades at 19.8x P/FCF, 85% below the 5-year average of 135.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $639M | $697M | $1.1B | $1.3B | $715M | $2.0B | — | — |
| Enterprise Value | $626M | $684M | $1.1B | $1.3B | $698M | $1.9B | — | — |
| P/E Ratio → | 32.82 | 34.18 | 94.39 | — | — | — | — | — |
| P/S Ratio | 2.66 | 2.90 | 5.00 | 6.36 | 4.54 | 16.28 | — | — |
| P/B Ratio | 2.86 | 2.98 | 4.43 | 5.34 | 2.60 | 6.26 | — | — |
| P/FCF | 19.76 | 21.55 | 44.98 | 338.58 | — | — | — | — |
| P/OCF | 19.15 | 20.88 | 41.56 | 301.05 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
VTEX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Vtex's enterprise value stands at 29.3x EBITDA, 46% below its 5-year average of 54.6x. The Technology sector median is 16.7x, placing the stock at a 75% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.84 | 4.93 | 6.24 | 4.43 | 15.39 | — | — |
| EV / EBITDA | 29.29 | 31.99 | 77.25 | — | — | — | — | — |
| EV / EBIT | 34.57 | 30.42 | 111.37 | — | — | — | — | — |
| EV / FCF | — | 21.15 | 44.37 | 332.26 | — | — | — | — |
VTEX Profitability
Margins and return-on-capital ratios measuring operating efficiency
Vtex earns an operating margin of 7.5%. Operating margins have expanded from -7.2% to 7.5% over the past 3 years, signaling improving operational efficiency. ROE of 8.2% is modest. ROIC of 5.9% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 77.5% | 77.5% | 73.8% | 69.8% | 66.5% | 60.6% | 64.7% | 67.0% |
| Operating Margin | 7.5% | 7.5% | 4.5% | -7.2% | -31.7% | -52.4% | 6.6% | -2.9% |
| Net Profit Margin | 8.3% | 8.3% | 5.3% | -6.8% | -33.3% | -48.1% | -0.9% | -7.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 8.2% | 8.2% | 4.8% | -5.3% | -17.4% | -30.0% | -1.5% | -9.8% |
| ROA | 5.6% | 5.6% | 3.4% | -3.9% | -13.6% | -21.8% | -0.8% | -4.7% |
| ROIC | 5.9% | 5.9% | 3.3% | -4.6% | -15.8% | -40.6% | 15.2% | -3.8% |
| ROCE | 6.7% | 6.7% | 3.7% | -5.2% | -15.3% | -29.4% | 8.1% | -2.6% |
VTEX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Vtex carries a Debt/EBITDA ratio of 0.1x, which is very conservative (95% below the sector average of 2.9x). The company holds a net cash position — cash of $16M exceeds total debt of $3M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.03 | 0.17 | 0.40 |
| Debt / EBITDA | 0.13 | 0.13 | 0.23 | — | — | — | 1.40 | 26.09 |
| Net Debt / Equity | — | -0.06 | -0.06 | -0.10 | -0.06 | -0.34 | -0.63 | -0.23 |
| Net Debt / EBITDA | -0.60 | -0.60 | -1.06 | — | — | — | -5.32 | -15.42 |
| Debt / FCF | — | -0.40 | -0.61 | -6.32 | — | — | -4.99 | -46.26 |
| Interest Coverage | — | — | 7.02 | -17.32 | -76.00 | -87.59 | 3.49 | -0.95 |
Net cash position: cash ($16M) exceeds total debt ($3M)
VTEX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Vtex's current ratio of 3.04x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 3.45x to 3.04x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.04 | 3.04 | 3.51 | 3.45 | 4.63 | 5.94 | 2.31 | 2.25 |
| Quick Ratio | 3.04 | 3.04 | 3.51 | 3.45 | 4.63 | 5.94 | 2.31 | 2.25 |
| Cash Ratio | 2.18 | 2.18 | 2.65 | 2.71 | 3.85 | 5.06 | 1.64 | 1.51 |
| Asset Turnover | — | 0.69 | 0.62 | 0.59 | 0.44 | 0.30 | 0.70 | 0.63 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 93.48 | 101.18 | 91.69 | 97.18 | 120.62 | 107.27 | 102.81 |
VTEX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Vtex returns 9.3% to shareholders annually primarily through share buybacks. The earnings yield of 3.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.0% | 2.9% | 1.1% | — | — | — | — | — |
| FCF Yield | 5.1% | 4.6% | 2.2% | 0.3% | — | — | — | — |
| Buyback Yield | 9.3% | 8.5% | 1.0% | 2.7% | 1.8% | 0.1% | — | — |
| Total Shareholder Yield | 9.3% | 8.5% | 1.0% | 2.7% | 1.8% | 0.1% | — | — |
| Shares Outstanding | — | $185M | $192M | $186M | $191M | $191M | $190M | $190M |
Peer Comparison
Compare VTEX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 VTEXYou | $639M | 32.8 | 29.3 | 19.8 | 77.5% | 7.5% | 8.2% | 5.9% | 0.1 |
 SHOP | $141B | 115.8 | 93.3 | 70.4 | 48.1% | 12.7% | 9.8% | 9.4% | 0.1 |
 WIX | $2B | 48.3 | 108.8 | 4.1 | 68.1% | 0.1% | — | 0.2% | 47.8 |
 CART | $11B | 27.8 | 16.7 | 11.6 | 73.7% | 13.3% | 15.9% | 20.7% | 0.1 |
 MELI | $83B | 41.5 | 24.0 | 7.7 | 44.5% | 11.1% | 36.0% | 20.8% | 3.0 |
 EBAY | $49B | 24.9 | 21.3 | 29.8 | 71.5% | 20.5% | 41.6% | 16.8% | 2.9 |
 PYPL | $37B | 7.9 | 5.6 | 6.7 | 46.6% | 18.3% | 25.7% | 15.0% | 1.4 |
 GDDY | $10B | 12.4 | 9.8 | 6.5 | 61.6% | 22.9% | 192.9% | 26.2% | 2.9 |
 AMZN | $2.6T | 34.1 | 18.5 | 341.6 | 50.3% | 11.2% | 22.3% | 14.7% | 1.0 |
 ORCL | $530B | 31.6 | 22.8 | — | 65.2% | 30.8% | 53.4% | 11.0% | 5.4 |
 GLOB | $1B | 13.4 | 4.7 | 5.1 | 35.0% | 7.0% | 4.9% | 5.5% | 1.4 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 7 years · Updated daily
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VTEX — Frequently Asked Questions
Quick answers to the most common questions about buying VTEX stock.
What is Vtex's P/E ratio?
Vtex's current P/E ratio is 32.8x. The historical average is 64.3x.
What is Vtex's EV/EBITDA?
Vtex's current EV/EBITDA is 29.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 54.6x.
What is Vtex's ROE?
Vtex's return on equity (ROE) is 8.2%. The historical average is -7.3%.
Is VTEX stock overvalued?
Based on historical data, Vtex is trading at a P/E of 32.8x. Compare with industry peers and growth rates for a complete picture.
What are Vtex's profit margins?
Vtex has 77.5% gross margin and 7.5% operating margin.
How much debt does Vtex have?
Vtex's Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.