Vertex Financials
VERX Stock  USD 49.76 6.05 13.84% 
Current Value  Last Year  Change From Last Year  10 Year Trend  

Current Ratio  0.76  0.5958 


The essential information of the daytoday investment outlook for Vertex includes many different criteria found on its balance sheet. An individual investor should monitor Vertex's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Vertex.
Net Income 

Vertex  Select Account or Indicator 
Understanding current and past Vertex Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Vertex's financial statements are interrelated, with each one affecting the others. For example, an increase in Vertex's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Vertex's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Vertex. Check Vertex's Beneish M Score to see the likelihood of Vertex's management manipulating its earnings.
Vertex Stock Summary
Vertex competes with Expensify, Clearwater Analytics, Sprinklr, Alkami Technology, and Envestnet. Vertex, Inc. provides tax technology solutions for corporations in retail, communication, leasing, and manufacturing industries in the United States and internationally. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania. Vertex Inc operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1300 people.Specialization  Information Technology, Software  Application 
Instrument  USA Stock View All 
Exchange  NASDAQ Exchange 
ISIN  US92538J1060 
CUSIP  92538J106 
Location  Pennsylvania; U.S.A 
Business Address  2301 Renaissance Boulevard, 
Sector  Software 
Industry  Information Technology 
Benchmark  Dow Jones Industrial 
Website  www.vertexinc.com 
Phone  800 355 3500 
Currency  USD  US Dollar 
Vertex Key Financial Ratios
Return On Equity  0.0862  
Profit Margin  0.03 %  
Operating Margin  0.04 %  
Price To Sales  11.00 X  
Revenue  572.39 M 
Vertex Key Balance Sheet Accounts
2019  2020  2021  2022  2023  2024 (projected)  
Total Assets  264.6M  554.9M  670.2M  719.2M  759.9M  583.7M  
Other Current Liab  81.3M  74.7M  114.6M  113.7M  120.7M  104.1M  
Other Liab  59.2M  37.2M  46.6M  19.1M  17.2M  34.4M  
Net Tangible Assets  (161.9M)  174.8M  (76.1M)  190.7M  219.3M  230.3M  
Net Debt  (24.4M)  (301.9M)  (44.7M)  (18.3M)  (22.2M)  (23.3M)  
Retained Earnings  (90.7M)  21.9M  24.8M  12.5M  (586K)  (615.3K)  
Accounts Payable  10.7M  8.9M  13M  14.3M  23.6M  14.2M  
Cash  75.9M  303.1M  73.3M  91.8M  89.2M  91.9M  
Other Assets  12.3M  77.0M  49.8M  49.0M  1.0  0.95  
Net Receivables  70.4M  77.2M  76.9M  102.9M  141.8M  97.4M  
Other Current Assets  19.3M  22.5M  45.4M  20.4M  22.2M  26.4M  
Total Liab  377.1M  329.4M  440.1M  489.5M  506.9M  452.8M  
Net Invested Capital  (60.9M)  225.5M  230.1M  278.6M  299.5M  167.9M  
Total Current Assets  165.6M  402.7M  195.7M  241.2M  262.6M  256.7M  
Net Working Capital  (169.0M)  110.7M  (173.5M)  (162.0M)  (174.2M)  (182.9M)  
Short Term Debt  50.8M  882K  4.2M  6.4M  6.3M  9.8M  
Intangible Assets  32.1M  32.0M  36.1M  296.0M  41.2M  39.1M 
Vertex Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out noncash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
2019  2020  2021  2022  2023  2024 (projected)  
Tax Provision  7.8M  (28.9M)  (2.4M)  2.2M  14.2M  14.9M  
Net Interest Income  (953K)  (3.1M)  (984K)  (2.0M)  (1.1M)  (1.2M)  
Interest Expense  2.0M  3.1M  984K  2.0M  4.2M  2.6M  
Total Revenue  321.5M  374.7M  425.5M  491.6M  572.4M  450.7M  
Gross Profit  211.1M  209.3M  263.7M  298.5M  328.2M  272.7M  
Operating Income  31.9M  (104.8M)  (2.9M)  (8.1M)  (7.4M)  (7.8M)  
Ebit  31.9M  (104.8M)  (14.9M)  (23.2M)  (7.4M)  (7.8M)  
Research Development  30.6M  54.3M  44.0M  41.9M  58.2M  46.3M  
Ebitda  58.1M  (72.5M)  41.8M  53.1M  79.4M  83.3M  
Cost Of Revenue  110.4M  165.4M  161.9M  193.1M  244.2M  178.0M  
Income Before Tax  30.9M  (107.9M)  (3.9M)  (10.1M)  (21.7M)  (22.8M)  
Net Income  23.1M  (78.9M)  (1.5M)  (12.3M)  (13.1M)  (13.7M)  
Income Tax Expense  7.8M  (28.9M)  (2.4M)  2.2M  (8.6M)  (8.2M) 
Vertex Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Vertex. It measures of how well Vertex is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Vertex brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Vertex had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Vertex has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in nonbusiness activities like paying off debt or making acquisitions.
2019  2020  2021  2022  2023  2024 (projected)  
Investments  (37.6M)  (44.4M)  (296.5M)  (11.2M)  (80.9M)  (84.9M)  
Change In Cash  24.3M  228.8M  (214.1M)  8.5M  (17.6M)  (16.7M)  
Net Borrowings  (5.6M)  (51.3M)  (964K)  48.1M  55.3M  58.1M  
Free Cash Flow  54.9M  26.7M  46.9M  3.4M  5.1M  4.8M  
Depreciation  25.2M  32.2M  44.8M  61.2M  86.8M  50.4M  
Other Non Cash Items  (61K)  (20.8M)  5.0M  7.8M  (3.1M)  (2.9M)  
Capital Expenditures  37.6M  32.8M  45.0M  73.4M  68.2M  53.2M  
Net Income  31.1M  (78.9M)  (1.5M)  (12.3M)  (13.1M)  (13.7M)  
End Period Cash Flow  83.5M  312.3M  98.2M  106.7M  89.2M  137.3M  
Change To Netincome  9.9M  95.7M  27.8M  10.2M  9.2M  8.8M 
Vertex Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vertex's current stock value. Our valuation model uses many indicators to compare Vertex value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vertex competition to find correlations between indicators driving Vertex's intrinsic value. More Info.Vertex is rated second in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.08 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Vertex is roughly 13.06 . At this time, Vertex's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the pricetoearnings (P/E), pricetobook (P/B), pricetosales (P/S), pricetocash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Vertex's earnings, one of the primary drivers of an investment's value.Vertex Systematic Risk
Vertex's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a welldiversified portfolio. Vertex volatility which cannot be eliminated through diversification, requires returns over the riskfree rate. Over the long run, a welldiversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a tradeoff between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourtyseven. The Beta measures systematic risk based on how returns on Vertex correlated with the market. If Beta is less than 0 Vertex generally moves in the opposite direction as compared to the market. If Vertex Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Vertex is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Vertex is generally in the same direction as the market. If Beta > 1 Vertex moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Vertex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Vertex's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Vertex growth as a starting point in their analysis.
Price Earnings To Growth Ratio 

Vertex November 7, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Vertex help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Vertex. We use our internallydeveloped statistical techniques to arrive at the intrinsic value of Vertex based on widely used predictive technical indicators. In general, we focus on analyzing Vertex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Vertex's daily price indicators and compare them against related drivers.
Downside Deviation  2.05  
Information Ratio  0.1328  
Maximum Drawdown  8.63  
Value At Risk  (3.13)  
Potential Upside  3.51 
Additional Tools for Vertex Stock Analysis
When running Vertex's price analysis, check to measure Vertex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vertex is operating at the current time. Most of Vertex's value examination focuses on studying past and present price action to predict the probability of Vertex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vertex's price. Additionally, you may evaluate how the addition of Vertex to your portfolios can decrease your overall portfolio volatility.