(VERX) Vertex - Overview
Stock: Tax Determination, Compliance Reporting, Data Management, Analytics Integration
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 69.4% |
| Relative Tail Risk | -11.2% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -2.34 |
| Alpha | -85.72 |
| Character TTM | |
|---|---|
| Beta | 0.751 |
| Beta Downside | 0.719 |
| Drawdowns 3y | |
|---|---|
| Max DD | 74.64% |
| CAGR/Max DD | 0.05 |
Description: VERX Vertex January 08, 2026
Vertex, Inc. (NASDAQ: VERX) delivers enterprise-grade tax technology for retailers, wholesalers and manufacturers, offering end-to-end solutions that cover tax determination, compliance, reporting, workflow automation, data and document management, and analytics. Its portfolio includes pre-built integrations, industry-specific modules (e.g., for retail, communications, leasing), SAP-focused tools, e-invoicing, and managed services such as indirect-tax return preparation and filing. The company monetizes these capabilities through perpetual software licenses and recurring SaaS subscriptions, and it also provides implementation, migration, training, and support services.
Key recent metrics: Vertex reported FY2023 revenue of approximately $210 million, with SaaS subscription revenue growing at a 23% YoY rate, reflecting broader market shift toward cloud-based compliance solutions. The indirect-tax software market is projected to expand at a 10-12% CAGR through 2028, driven by increasing state-level tax complexity and the digital-economy surge. Additionally, Vertex’s partnership ecosystem-particularly its SAP and Oracle integrations-has accelerated customer adoption, with its ARR now exceeding $150 million.
For a data-driven deep-dive into Vertex’s valuation and competitive positioning, you may find ValueRay’s analytical dashboards useful.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: -53.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.08 > 1.0 |
| NWC/Revenue: 0.39% < 20% (prev 2.91%; Δ -2.51% < -1%) |
| CFO/TA 0.13 > 3% & CFO 164.4m > Net Income -53.6m |
| Net Debt (37.9m) to EBITDA (69.9m): 0.54 < 3 |
| Current Ratio: 1.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (162.2m) vs 12m ago 12.29% < -2% |
| Gross Margin: 64.55% > 18% (prev 0.63%; Δ 6392 % > 0.5%) |
| Asset Turnover: 60.69% > 50% (prev 54.02%; Δ 6.68% > 0%) |
| Interest Coverage Ratio: -1.48 > 6 (EBITDA TTM 69.9m / Interest Expense TTM 1.23m) |
Altman Z'' -0.14
| A: 0.00 (Total Current Assets 518.8m - Total Current Liabilities 515.9m) / Total Assets 1.22b |
| B: -0.03 (Retained Earnings -39.1m / Total Assets 1.22b) |
| C: -0.00 (EBIT TTM -1.82m / Avg Total Assets 1.21b) |
| D: -0.04 (Book Value of Equity -39.7m / Total Liabilities 957.4m) |
| Altman-Z'' Score: -0.14 = B |
Beneish M -3.07
| DSRI: 0.89 (Receivables 131.5m/129.9m, Revenue 732.2m/643.2m) |
| GMI: 0.97 (GM 64.55% / 62.59%) |
| AQI: 1.27 (AQ_t 0.56 / AQ_t-1 0.44) |
| SGI: 1.14 (Revenue 732.2m / 643.2m) |
| TATA: -0.18 (NI -53.6m - CFO 164.4m) / TA 1.22b) |
| Beneish M-Score: -3.07 (Cap -4..+1) = AA |
What is the price of VERX shares?
Over the past week, the price has changed by -15.20%, over one month by -20.68%, over three months by -17.64% and over the past year by -72.84%.
Is VERX a buy, sell or hold?
- StrongBuy: 4
- Buy: 6
- Hold: 5
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the VERX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 27.4 | 73.9% |
| Analysts Target Price | 27.4 | 73.9% |
| ValueRay Target Price | 13.9 | -11.4% |
VERX Fundamental Data Overview February 03, 2026
P/B = 11.1893
Revenue TTM = 732.2m USD
EBIT TTM = -1.82m USD
EBITDA TTM = 69.9m USD
Long Term Debt = 336.9m USD (from longTermDebt, last quarter)
Short Term Debt = 4.31m USD (from shortTermDebt, last quarter)
Debt = 351.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 37.9m USD (from netDebt column, last quarter)
Enterprise Value = 3.00b USD (2.96b + Debt 351.4m - CCE 313.5m)
Interest Coverage Ratio = -1.48 (Ebit TTM -1.82m / Interest Expense TTM 1.23m)
EV/FCF = 41.73x (Enterprise Value 3.00b / FCF TTM 71.8m)
FCF Yield = 2.40% (FCF TTM 71.8m / Enterprise Value 3.00b)
FCF Margin = 9.81% (FCF TTM 71.8m / Revenue TTM 732.2m)
Net Margin = -7.32% (Net Income TTM -53.6m / Revenue TTM 732.2m)
Gross Margin = 64.55% ((Revenue TTM 732.2m - Cost of Revenue TTM 259.6m) / Revenue TTM)
Gross Margin QoQ = 63.15% (prev 65.67%)
Tobins Q-Ratio = 2.45 (Enterprise Value 3.00b / Total Assets 1.22b)
Interest Expense / Debt = 0.35% (Interest Expense 1.23m / Debt 351.4m)
Taxrate = 27.31% (1.52m / 5.57m)
NOPAT = -1.32m (EBIT -1.82m * (1 - 27.31%)) [loss with tax shield]
Current Ratio = 1.01 (Total Current Assets 518.8m / Total Current Liabilities 515.9m)
Debt / Equity = 1.33 (Debt 351.4m / totalStockholderEquity, last quarter 264.5m)
Debt / EBITDA = 0.54 (Net Debt 37.9m / EBITDA 69.9m)
Debt / FCF = 0.53 (Net Debt 37.9m / FCF TTM 71.8m)
Total Stockholder Equity = 223.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -4.44% (Net Income -53.6m / Total Assets 1.22b)
RoE = -24.02% (Net Income TTM -53.6m / Total Stockholder Equity 223.1m)
RoCE = -0.32% (EBIT -1.82m / Capital Employed (Equity 223.1m + L.T.Debt 336.9m))
RoIC = -0.24% (negative operating profit) (NOPAT -1.32m / Invested Capital 559.2m)
WACC = 7.79% (E(2.96b)/V(3.31b) * Re(8.68%) + D(351.4m)/V(3.31b) * Rd(0.35%) * (1-Tc(0.27)))
Discount Rate = 8.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.89%
[DCF Debug] Terminal Value 76.04% ; FCFF base≈76.2m ; Y1≈63.7m ; Y5≈47.1m
Fair Price DCF = 11.11 (EV 897.3m - Net Debt 37.9m = Equity 859.4m / Shares 77.4m; r=7.79% [WACC]; 5y FCF grow -19.83% → 2.90% )
EPS Correlation: 91.09 | EPS CAGR: 22.26% | SUE: 3.63 | # QB: 8
Revenue Correlation: 99.59 | Revenue CAGR: 15.57% | SUE: 0.12 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.17 | Chg30d=+0.000 | Revisions Net=-3 | Analysts=14
EPS next Year (2026-12-31): EPS=0.75 | Chg30d=-0.003 | Revisions Net=-1 | Growth EPS=+18.8% | Growth Revenue=+10.6%