Superworth

Vertex VERX

Software - Infrastructure, Technology
$15.39
+0.46%
Market cap
$2.5B
PE
n/m
a sliver of earnings
Forward PE
n/m
not a meaningful number
Price to sales
3.2×
EV/EBIT
n/m
a loss over the last year
Revenue, 12 months
$787.4M
+11% on a year ago
Net margin
0.5%
Free cash flow yield
n/m
not a meaningful number

Vertex trades at 3.2× sales. Vertex's PE is not meaningful: its earnings over the last year are a sliver against its price. Revenue was $787.4M over the last twelve months, up 11% on a year earlier with a 0% net margin.

Charts

Financials

Income statement for VERX, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$145M+15%$154.9M+18%$156.8M+18%$161.1M+15%$170.4M+18%$178.5M+15%$177.1M+13%$184.6M+15%$192.1M+13%$194.7M+9%$196.6M+11%$204M+11%
Cost of revenue$56.9M+12%$61.3M+24%$61M+18%$58.4M+8%$59.9M+5%$61.3M+0%$64.1M+5%$63.4M+9%$70.8M+18%$68.6M+12%$71.8M+12%$72.7M+15%
Gross profit$88.2M+17%$93.6M+15%$95.8M+18%$102.7M+20%$110.5M+25%$117.1M+25%$113M+18%$121.2M+18%$121.3M+10%$126.1M+8%$124.9M+11%$131.3M+8%
R&D$16.8M+62%$12.9M+11%$16.8M+6%$14.6M+15%$15.6M−7%$19.6M+52%$20.9M+24%$20.6M+41%$19.9M+28%$22.3M+14%$24.6M+18%$24.8M+21%
SG&A$69.3M+12%$73.9M+11%$76M+9%$76.4M+5%$83.6M+21%$87.4M+18%$93.2M+23%$91.8M+20%$92M+10%$98.2M+12%$107M+15%$103M+12%
−$2M+132%−$2.5M−26%−$1.6M−83%$7.5M$4.9M−$13.1M+426%$4.5M−$3.9M$4.3M−12%−$2.6M−80%−$10.6M−$4.4M+15%
Interest expense−$597K−$4M−$286K−18%−$181K+72%$2.9M$1.7M$1.5M$1.2Mn/an/an/an/a
Pre-tax income−$2.6M+112%−$6.5M+50%−$1.9M−78%$7.4M$7.8M−$11.4M+76%$6M−$2.6M$5.6M−29%−$1.4M−88%−$9.6M−$4.1M+56%
$784K−$21.8M−$4.5M$2.2M−25%$613K−22%$56.4M−$5.1M+13%−$1.7M$1.5M+148%$5.6M−90%−$7.1M+40%−$13.1M+685%
Net income−$3.4M+198%$15.3M$2.7M$5.2M$7.2M−$67.8M$11.1M+315%−$961K$4M−44%−$7M−90%−$2.5M$9M
−$0.02+100%$0.26$0.02$0.03$0.04−$0.43$0.07+250%−$0.01$0.02−50%−$0.04−91%−$0.02$0.06
152.1M+214%59.8M+21%160.6M+218%90M−41%162.1M+7%156.3M+161%162.7M+1%158.9M+77%162.2M+0%159.6M+2%n/a161.4M+2%

Revenue: Q1 FY19 and Q1 FY20: 6 months less the 3 months printed beside them.

Cost of revenue: Q1 FY19 and Q1 FY20: 6 months less the 3 months printed beside them.

Gross profit: Q1 FY19 and Q1 FY20: 6 months less the 3 months printed beside them.

R&D: Q1 FY19 and Q1 FY20: 6 months less the 3 months printed beside them.

SG&A: Q1 FY19 and Q1 FY20: 6 months less the 3 months printed beside them.

Operating income: Q1 FY19 and Q1 FY20: 6 months less the 3 months printed beside them.

Interest expense: Q1 FY19 and Q1 FY20: 6 months less the 3 months printed beside them.

Pre-tax income: Q1 FY19 and Q1 FY20: 6 months less the 3 months printed beside them.

Income tax: Q1 FY19 and Q1 FY20: 6 months less the 3 months printed beside them.

Net income: Q1 FY19 and Q1 FY20: 6 months less the 3 months printed beside them.

EPS, diluted: 9 periods, Q1 FY19 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q1 FY19 and Q1 FY20: share-days: the 6-month average less the second quarter's. 3 periods, Q4 FY19 to Q4 FY23: share-days: the 12-month average less the 9-month, weighted by days. 4 periods, Q4 FY21 to Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Software - Infrastructure nearest Vertex's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
VERXVertex$2.5Bn/m156×3.2×+11%0.5%
BLKBBlackbaud$2.5B17.4×92.0×2.2×+1%13.1%
NCNOnCino$2.4B77.2×140×3.9×+9%5.4%
NTCTNetscout Systems$2.9B24.2×60.2×3.3×+6%13.7%
BLBlackline$2B62.1×56.8×2.8×+9%4.7%
ALRMAlarm.com$3.1B29.0×53.3×3.0×+9%11.1%
MQMarqeta$2B171×159×2.9×+22%1.5%
KDKyndryl$3.2B41.0×24.7×0.2×−1%0.6%
SPSCSPS Commerce$3.3B44.7×92.6×4.3×+10%10.1%
AGYSAgilysys$3.4B79.9×134×10.3×+14%13.0%
AVPTAvePoint$3.5B51.6×197×7.5×+25%15.3%
Peer median$3B48.2×92.3×3.1×+9%10.6%

More on Vertex

Each number over time

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About

Industry
Software - Infrastructure
Sector
Technology

Valuation data, not investment advice. Prices as of .